ACCESS Newswire·Nov 10, 2026, 4:05 PM ET

Intelligent Protection Management Corp. Reports Third Quarter 2026 Financial Results

IPM

Intelligent Protection Management Corp. reported total revenue of $11.0 million for the three months ended September 30, 2026, representing a 75.5% increase year-over-year.
Procurement revenue surged 271% to $6.3 million in the third quarter, driven by customer investments in cybersecurity, cloud modernization, data center expansion, and artificial intelligence.
Core managed services revenue from non-affiliated customers increased 33% during the quarter, supporting the company's strategy to expand recurring revenue streams.
The company generated $5.6 million in operating cash flow for the three months ended September 30, 2026, a significant improvement from the prior year period.
Net loss for the quarter narrowed to $779,378 compared to $1.08 million in the same period in 2025.
Adjusted EBITDA turned positive to $159,201 for the quarter, reversing a loss of $260,121 in the prior year period.
For the nine months ended September 30, 2026, total revenue grew 36% to $23.8 million, with procurement revenue increasing 157.8% to $10.0 million.
The company announced an agreement to acquire Advanced Technology Distributors Inc. for up to $2.7 million to expand its managed IT security and infrastructure offerings.
Deferred revenue reached $4.9 million as of September 30, 2026, indicating future revenue potential as services are installed.
The company holds $12.5 million in cash and cash equivalents with no long-term debt on its balance sheet.
Operational milestones include the launch of IPM GO, an AI virtual assistant, expansion into the Phoenix market, achievement of SOC 2 Type 1 compliance, and extension of a data center lease through August 2032.
Acquisition-related expenses of approximately $195,000 were incurred during the quarter in connection with the planned AdTech transaction.

Company: Intelligent Protection Management Corp.
Keywords: Computers, Technology & Internet, Earnings