Intrusion Inc. reported its financial results for the second quarter of 2025, revealing a revenue increase of 28% to $1.9 million compared to $1.5 million in the same period last year. For the first half of 2025, revenue reached $3.6 million, a 41% rise from $2.6 million in the first half of 2024. The growth in revenue was primarily driven by an increase in consulting services, which totaled $1.4 million for the quarter, up from $1.2 million in the prior year, largely due to work performed under a Department of Defense contract. However, the company experienced a net loss of $2.0 million for the quarter, slightly improved from a loss of $2.1 million in the same period last year.
The company’s operating expenses rose to $3.5 million for the second quarter, up from $3.1 million in 2024, reflecting higher sales and marketing costs and increased research and development expenses. The gross profit margin remained stable at approximately 76%, with gross profit for the quarter amounting to $1.4 million, compared to $1.1 million in the previous year. The increase in operating expenses was attributed to higher share-based compensation and the addition of new personnel, which was partially offset by reduced legal fees.
Intrusion Inc. has made significant strategic moves, including the launch of its INTRUSION Shield cybersecurity solution, which is now being marketed to a broader customer base beyond government entities. The company reported that sales to U.S. government customers accounted for 95.5% of total revenues in the second quarter, up from 89% in the same period last year. This shift in revenue concentration is attributed to the loss of a major INTRUSION Shield customer, which was offset by new contracts, including the aforementioned Department of Defense engagement.
As of June 30, 2025, Intrusion Inc. had cash and cash equivalents of $4.7 million, a slight decrease from $4.9 million at the end of 2024. The company’s net working capital improved significantly to $7.2 million, compared to $1.9 million at the end of the previous year. The increase in working capital was supported by proceeds from a registered direct offering and the sale of common stock under a Standby Equity Purchase Agreement. Looking ahead, Intrusion Inc. anticipates continued revenue growth driven by its expanding customer base and the ongoing development of its cybersecurity solutions, while remaining cautious of potential risks associated with government contracts.
About INTRUSION INC
Intrusion Inc. is a cybersecurity firm specializing in threat intelligence and reputation-based security solutions. Its flagship product, INTRUSION Shield, offers Zero Trust network protection through SaaS, cloud, and endpoint solutions, blocking malicious connections. The company leverages a proprietary internet database to detect threats, primarily serving government agencies and expanding into commercial markets with a focus on advanced threat detection and network security.
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