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Intelligent Protection Management (IPM) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 11, 2026

Intelligent Protection Management (IPM) reported revenue of $6.5M for the second quarter 2026 (Q2 2026), +13% from a year earlier and +2% from the quarter before. Operating margin was -23.4%, net loss $1.4M (20.9% of revenue).

Revenue$6.5M
Year over year+13%
Quarter over quarter+2%
Operating margin-23.4%
Net earnings−$1.4M

Intelligent Protection Management, Q2 2026: revenue $6.5M (+13% year over year), operating margin -23.4%, net loss $1.4M, operating cash flow −$591K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$6.5M+2%+13%
Operating profit−$1.5M——
Net earnings−$1.4M——
Operating cash flow−$591K——

What changed

Revenue was $6.5M in Q2 2026, up 13% year over year and up 2% from the previous quarter. Managed information technology was the largest line at 59% of revenue. Procurement revenue added $799K year over year (up 64%), 108% of the total change. Professional services revenue declined 47%.

Operating costs exceeded revenue by $1.5M, an operating margin of -23.4%. Total costs grew 16% against revenue growth of 13%. The fastest-growing cost line was Cost of revenue (+33%). The quarter ended with a net loss of $1.4M, wider than the previous quarter's $660K loss.

Operating cash flow was −$591K. Non-cash charges added back $478K of depreciation and amortization and $42K of share-based compensation. Working capital and other items added $241K. Capital expenditures of $8K exceeded it, leaving free cash flow of −$599K.

Questions

What was Intelligent Protection Management's revenue in the second quarter 2026?

Intelligent Protection Management (IPM) reported revenue of $6.5M for the second quarter 2026 (Q2 2026), +13% from a year earlier and +2% from the quarter before.

Was Intelligent Protection Management profitable in the second quarter 2026?

Operating loss was $1.5M (-23.4% of revenue) and net loss $1.4M.

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Source: Intelligent Protection Management 10-Q on SEC EDGAR.