Intrusion Inc. Reports Third Quarter 2026 Results
Key Highlights
- ➤Q3 revenue $2.7 million, up 84% sequentially and 36% year over year
- ➤Q3 net loss $2.9 million, or $(0.12) per share
- ➤Gross margin fell to 55% from 77% year over year
- ➤$4.0 million debt exchange raised stockholders’ equity above $5.0 million
- ➤Nasdaq granted an additional 180-day extension for $1.00 bid-price compliance
Expert Statements
Tony Scott, President and Chief Executive Officer of Intrusion
“Our third quarter results represent an important step forward for Intrusion as we continued to stabilize our business, integrate VigilAigent's capabilities with our existing platform, and execute on our growth strategy. Revenue in our legacy business approached prior-year levels, driven primarily by our contract with the State of Texas. Additionally, VigilAigent contributed its first full quarter of revenue since the acquisition, further strengthening our overall revenue run rate.”
Tony Scott, President and Chief Executive Officer of Intrusion
“We are also encouraged by the quality of opportunities currently developing in our pipeline, including opportunities to expand our existing partnerships and government relationships and grow in new markets. We believe that these opportunities could meaningfully support future sustainable revenue growth.”
Tony Scott, President and Chief Executive Officer of Intrusion
“Our focus remains on growing recurring revenue, expanding our commercial reach, and continuing to build a stronger platform that delivers AI-driven cybersecurity solutions to address the evolving threats facing our customers across both commercial and government markets. Looking ahead, we remain committed to disciplined execution as we work toward achieving profitability and creating long-term value for our shareholders.”
PLANO, TX / ACCESS Newswire / November 12, 2026 / Intrusion Inc. (NASDAQ:INTZ) ("Intrusion" or the "Company"), a provider of AI-powered cyberattack prevention, threat intelligence, and managed cybersecurity solutions, announced today financial results for the third quarter ended September 30, 2026.
Recent Financial & Business Highlights: * Achieved sequential and year-over-year revenue growth of 84% and 36%, respectively, reflecting the $0.8 million contribution from the recent VigilAigent acquisition and continued stabilization of Intrusion's legacy business. * Implemented additional cost-reduction initiatives, including headcount reductions and the voluntary exchange of management and Board cash compensation for equity, to streamline operations and improve cost efficiency while ensuring the Company maintains the resources necessary to pursue longer-term growth opportunities. * Completed a $4.0 million debt-for-equity exchange in October which, together with other recent capital actions, increased stockholders' equity to more than $5.0 million and allowed the Company to secure an additional 180-day extension from Nasdaq to regain compliance with the minimum bid price requirement. "Our third quarter results represent an important step forward for Intrusion as we continued to stabilize our business, integrate VigilAigent's capabilities with our existing platform, and execute on our growth strategy. Revenue in our legacy business approached prior-year levels, driven primarily by our contract with the State of Texas. Additionally, VigilAigent contributed its first full quarter of revenue since the acquisition, further strengthening our overall revenue run rate," said Tony Scott, President & Chief Executive Officer of Intrusion. "We are also encouraged by the quality of opportunities currently developing in our pipeline, including opportunities to expand our existing partnerships and government relationships and grow in new markets. We believe that these opportunities could meaningfully support future sustainable revenue growth."
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