Filing Flows › Intelligent Protection Management (IPM) › Q1 2026 › vs Q4 2025
Intelligent Protection Management (IPM) Q1 2026 vs Q4 2025 (quarter over quarter)
Intelligent Protection Management's revenue rose $221K (+4%) from $6.1M in Q4 2025 to $6.4M in Q1 2026. The biggest changes: Procurement revenue +$205K (+14%); Professional services revenue +$69K (+17%); Managed information technology −$36K (-0.9%).
Intelligent Protection Management, Q1 2026: revenue $6.4M (+15% year over year), operating margin -12.1%, net loss $660K, operating cash flow −$196K. The chart draws each line against Q4 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Managed information technology | $3.9M | $4.0M | −$36K | -0.9% |
| Procurement revenue | $1.7M | $1.5M | $205K | +14% |
| Professional services revenue | $483K | $414K | $69K | +17% |
| Subscription revenue | $254K | $271K | −$17K | -6% |
| Revenue | $6.4M | $6.1M | $221K | +4% |
| Other income, net | $83K | $99K | −$16K | -16% |
| Income tax benefit | $25K | $89K | −$64K | -72% |
| Net loss | $660K | $632K | $28K | +4% |
| Costs & expenses | $7.1M | $7.0M | $169K | +2% |
| Operating costs | $7.1M | $7.0M | $169K | +2% |
| Cost of revenue | $3.3M | $2.9M | $386K | +13% |
| Sales & marketing | $778K | $805K | −$27K | -3% |
| General & admin | $2.5M | $2.5M | $3K | +0.1% |
| Other operating costs | $577K | $770K | −$193K | -25% |
| Operating cash sources | $695K | $526K | $169K | +32% |
| Depreciation & amortization | $475K | $559K | −$84K | -15% |
| Share-based compensation | $24K | $55K | −$31K | -57% |
| Cash used in operations | $196K | −$88K | $283K | — |
| Net loss absorbed | $660K | $632K | $28K | +4% |
| Working capital & other | $35K | −$106K | $140K | — |
Questions
How much did Intelligent Protection Management's revenue grow quarter over quarter in Q1 2026?
Intelligent Protection Management's revenue rose $221K (+4%) from $6.1M in Q4 2025 to $6.4M in Q1 2026.
What drove Intelligent Protection Management's revenue change in Q1 2026?
Procurement revenue +$205K (+14%); Professional services revenue +$69K (+17%); Managed information technology −$36K (-0.9%).