Intrusion | 8-K: FY2026 Q2 Revenue Misses Estimate at USD 1.453 M

Revenue: As of FY2026 Q2, the actual value is USD 1.453 M, missing the estimate of USD 1.5 M.

EPS: As of FY2026 Q2, the actual value is USD -0.13, missing the estimate of USD -0.1.

EBIT: As of FY2026 Q2, the actual value is USD -2.486 M.

Revenue

Intrusion Inc. reported revenue of $1.5 million for the second quarter of 2026, which is a 64% sequential increase but a 22% decrease compared to the prior year period . For the three months ended June 30, 2026, revenue was $1,453 thousand, down from $1,873 thousand in the same period of 2025 . For the six months ended June 30, 2026, revenue was $2,341 thousand, compared to $3,648 thousand for the six months ended June 30, 2025 .

Gross Profit and Margin

The gross profit margin for the second quarter of 2026 was 66%, a decrease from 74% for the first quarter of 2026 and 76% for the prior year period . Gross profit for the second quarter of 2026 was $965 thousand, decreasing from $1,431 thousand in the second quarter of 2025 . For the six months ended June 30, 2026, gross profit was $1,624 thousand, down from $2,774 thousand in the prior year period .

Operating Expenses

Operating expense for the second quarter of 2026 was $3.4 million, representing a decrease of $0.8 million sequentially and less than $0.1 million compared to the second quarter of 2025 . Sales and Marketing: Expenses were $1,365 thousand for the three months ended June 30, 2026, up from $1,207 thousand for the same period in 2025 . For the six months ended June 30, 2026, sales and marketing expenses totaled $2,995 thousand, an increase from $2,391 thousand in the prior year period . Research and Development: Expenses were $1,145 thousand for the three months ended June 30, 2026, down from $1,332 thousand for the same period in 2025 . For the six months ended June 30, 2026, research and development expenses were $2,596 thousand, compared to $2,550 thousand in the prior year period . General and Administrative: Expenses were $948 thousand for the three months ended June 30, 2026, a decrease from $978 thousand for the same period in 2025 . For the six months ended June 30, 2026, general and administrative expenses were $2,098 thousand, compared to $2,012 thousand in the prior year period .

Operating Loss

Intrusion Inc. reported an operating loss of - $2,493 thousand for the three months ended June 30, 2026, which is an increase from an operating loss of - $2,086 thousand for the same period in 2025 . For the six months ended June 30, 2026, the operating loss was - $6,065 thousand, compared to - $4,179 thousand in the prior year period .

Net Loss

Net loss for the second quarter of 2026 was - $2.6 million, compared to a net loss of - $2.0 million in the second quarter of 2025 . The net loss attributable to Intrusion Inc. was - $2,590 thousand for the three months ended June 30, 2026, and - $2,042 thousand for the same period in 2025 . For the six months ended June 30, 2026, the net loss attributable to Intrusion Inc. was - $6,153 thousand, compared to - $4,140 thousand in the prior year period .

Cash and Cash Equivalents

As of June 30, 2026, cash and cash equivalents totaled $0.2 million, or $182 thousand, a significant decrease from $3,624 thousand as of December 31, 2025 .

Unique Metrics and Business Highlights

Intrusion Inc. completed the acquisition of VigilAigent, which is anticipated to add approximately $3.5 million in annual recurring revenue from multi-year contracts . The company also identified over $3 million of potential annualized operating cost synergies resulting from the VigilAigent acquisition . Furthermore, Intrusion Inc. signed a $4 million annual contract to provide cyber threat intelligence and critical infrastructure protection to the state of Texas .

Outlook

Intrusion Inc. expects a steady improvement in its financial results during the second half of fiscal 2026, anticipating continued enhancement in revenue quality and visibility as its sales pipeline expands . Management remains confident that the company is on track to achieve profitability in fiscal year 2027 .