Filing Flows › Intelligent Protection Management (IPM) › Q3 2025
Intelligent Protection Management (IPM) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 12, 2025
Intelligent Protection Management (IPM) reported revenue of $6.2M for the third quarter 2025 (Q3 2025), up 23-fold from a year earlier and +9% from the quarter before. Operating margin was -23.0%, net loss $1.1M (17.4% of revenue).
Intelligent Protection Management, Q3 2025: revenue $6.2M (23× year over year), operating margin -23.0%, net loss $1.1M, operating cash flow $133K. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.2M | +9% | 23× |
| Operating profit | −$1.4M | — | — |
| Net earnings | −$1.1M | — | — |
| Operating cash flow | $133K | — | — |
What changed
Revenue was $6.2M in Q3 2025, up 2165% year over year and up 9% from the previous quarter. Managed information technology was the largest line at 61% of revenue. Subscription revenue declined 1%.
Operating costs exceeded revenue by $1.4M, an operating margin of -23.0%. Total costs grew 335% against revenue growth of 2165%. The quarter ended with a net loss of $1.1M, wider than the previous quarter's $1.1M loss.
Operating cash flow was $133K. Non-cash charges added back $625K of depreciation and amortization and $44K of share-based compensation. Working capital and other items added $548K.
Questions
What was Intelligent Protection Management's revenue in the third quarter 2025?
Intelligent Protection Management (IPM) reported revenue of $6.2M for the third quarter 2025 (Q3 2025), up 23-fold from a year earlier and +9% from the quarter before.
Was Intelligent Protection Management profitable in the third quarter 2025?
Operating loss was $1.4M (-23.0% of revenue) and net loss $1.1M.
Source: Intelligent Protection Management 10-Q on SEC EDGAR.