Intelligent Protection Management Corp (IPM) Income Statement
IPM 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsIPM revenue and net income
Where IPM's revenue goes
2025Each bar shows an amount and its share of revenue. IPM kept −8.3% of revenue as net income.
IPM profit margins
IPM growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +2,049.9% | +29.0% | +13.0% | +7.0% |
| Gross profit | +1,377.1% | +14.8% | +3.8% | +1.8% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
IPM quarterly EPS vs estimates
Intelligent Protection Management beat the analyst EPS estimate in 1 of the last 8 quarters. Next report: November 11, 2026 (estimate $0.02).
IPM income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.6M | $1.1M | $962,032 | $11.0M | $13.3M | $12.8M | $15.3M | $20.3M | $24.8M | $21.0M |
| Cost of revenue | $11.3M | $262,888 | $284,892 | $2.8M | $2.7M | $2.6M | $3.2M | $3.6M | $4.9M | $5.0M |
| Gross profit | $12.3M | $835,392 | $677,140 | $8.2M | $10.6M | $10.3M | $12.1M | $16.7M | $20.0M | $16.0M |
| Research & development | $3.3M | $215,538 | $210,232 | $5.9M | $5.4M | $5.0M | $6.6M | $6.6M | $8.9M | $8.6M |
| Sales, general & admin | $10.5M | $5.7M | $4.2M | $5.9M | $3.9M | $4.0M | $7.4M | $9.7M | $16.7M | $9.1M |
| Total operating expenses | $16.3M | $6.0M | $4.4M | $11.8M | $10.0M | $9.0M | $20.7M | $18.1M | $25.6M | $17.7M |
| Operating income | −$4.0M | −$5.1M | −$3.7M | −$3.7M | $519,490 | $1.2M | −$8.6M | −$1.3M | −$5.7M | −$1.7M |
| Interest income | $340,831 | $569,016 | $639,611 | $74,895 | $133 | $7,119 | — | — | — | — |
| Interest expense | — | — | — | — | — | — | — | — | — | $60,030 |
| Income before taxes | −$4.3M | −$4.4M | −$2.7M | −$3.6M | $1.3M | $1.4M | −$9.1M | −$2.0M | −$5.7M | −$1.5M |
| Income taxes | −$2.3M | −$137,589 | −$27,947 | −$171,665 | $9,951 | $387 | −$141,593 | $3,001 | $228,972 | — |
| Net income | −$2.0M | −$8.4M | −$1.1M | −$3.4M | $1.3M | $1.4M | −$8.4M | −$3.8M | −$5.9M | −$1.5M |
| EBITDA | −$1.3M | −$3.5M | −$1.8M | −$2.9M | $1.7M | $1.9M | −$1.1M | $2.4M | −$3.5M | −$341,315 |
| EPS (diluted) | −$0.08 | −$0.51 | −$0.12 | −$0.37 | $0.24 | $0.21 | −$1.33 | −$1.03 | −$0.89 | −$1.90 |
| Gross margin | 52.3% | 76.1% | 70.4% | 74.3% | 79.5% | 79.9% | 79.2% | 82.2% | 80.4% | 76.1% |
| Operating margin | −16.9% | −466.3% | −384.4% | −33.3% | 3.9% | 9.7% | −56.4% | −6.6% | −22.8% | −8.3% |
| Net margin | −8.3% | −767.2% | −110.9% | −31.0% | 10.0% | 10.7% | −54.8% | −18.7% | −23.7% | −6.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.5M | $6.4M | $6.1M | $6.2M | $5.7M | $5.5M | $0 | $2.1M | $2.2M | $2.6M | $2.7M | $2.8M |
| Cost of revenue | $3.8M | $3.7M | $2.9M | $3.1M | $3.5M | $2.5M | −$2.1M | $760,166 | $810,493 | $819,075 | $835,078 | $826,662 |
| Gross profit | $2.7M | $2.6M | $3.3M | $3.2M | $2.2M | $3.1M | −$3.7M | $1.4M | $1.4M | $1.8M | $1.9M | $1.9M |
| Research & development | — | $778,029 | $804,666 | $844,463 | $839,397 | $765,364 | $3.4M | $1.2M | $1.2M | $1.2M | $1.3M | $1.2M |
| Sales, general & admin | $3.3M | $2.5M | $2.5M | $3.5M | $2.5M | $3.6M | $1.7M | $1.8M | $1.4M | $1.3M | $1.1M | $1.1M |
| Total operating expenses | $4.2M | $3.3M | $3.9M | $4.6M | $3.3M | $4.4M | −$2.2M | $3.0M | $2.6M | $2.5M | $2.4M | $2.3M |
| Operating income | −$1.5M | −$678,348 | −$609,192 | −$1.4M | −$1.1M | −$1.3M | −$1.5M | −$1.7M | −$1.2M | −$762,191 | −$494,110 | −$389,416 |
| Interest income | — | $61,378 | $67,655 | $102,856 | — | $82,392 | — | $157,517 | — | $151,984 | — | — |
| Income before taxes | −$1.5M | −$684,804 | −$720,873 | −$1.3M | −$978,021 | −$1.3M | −$1.4M | −$1.5M | −$883,560 | −$610,207 | −$316,932 | −$219,491 |
| Income taxes | −$103,025 | −$24,590 | −$88,905 | −$249,836 | $72,007 | −$2.1M | −$49,513 | −$20,767 | $50,591 | −$117,900 | −$33,842 | −$37,915 |
| Net income | −$1.4M | −$660,214 | −$631,968 | −$1.1M | −$1.1M | $808,530 | −$5.5M | −$1.5M | −$934,151 | −$492,307 | −$283,090 | −$181,576 |
| EBITDA | −$799,433 | −$41,267 | −$161,596 | −$708,362 | −$95,396 | −$360,807 | −$556,716 | −$1.3M | −$657,016 | −$383,783 | −$90,626 | $6,695 |
| EPS (diluted) | −$0.10 | −$0.05 | −$0.03 | −$0.05 | −$0.07 | $0.07 | −$0.19 | −$0.16 | −$0.11 | −$0.05 | −$0.02 | −$0.01 |
| Gross margin | 41.3% | 41.2% | 53.1% | 50.7% | 38.3% | 55.3% | — | 64.2% | 63.6% | 68.5% | 69.0% | 70.1% |
| Operating margin | −23.4% | −10.7% | −9.9% | −23.0% | −19.9% | −24.2% | — | −79.6% | −52.8% | −29.3% | −18.4% | −14.1% |
| Net margin | −20.9% | −10.4% | −10.3% | −17.4% | −18.3% | 14.7% | — | −71.1% | −42.0% | −19.0% | −10.5% | −6.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in IPM's financial statements (latest annual report filed March 17, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
IPM financial results
In fiscal year 2025 (ended December 31, 2025), Intelligent Protection Management reported revenue of $23.6 million, up 2,049.9% from the year before. It had a net loss of $2.0 million, a net profit margin of −8.3%. Diluted earnings per share came to −$0.08. Over five years revenue grew at an average rate of 13.0% a year.
See the IPM stock overview for the latest quote and news, or the IPM chart for price history and technical indicators.
IPM income statement FAQ
What is Intelligent Protection Management's annual revenue?
Intelligent Protection Management reported total revenue of $23.6 million for fiscal year 2025, which ended on December 31, 2025. That was up 2,049.9% from $1.1 million the previous year.
Is Intelligent Protection Management profitable?
No. Intelligent Protection Management reported a net loss of $2.0 million in fiscal 2025, a net profit margin of −8.3%; its operating margin was −16.9%.
What is Intelligent Protection Management's gross margin?
Intelligent Protection Management's gross margin was 52.3% in fiscal 2025: for every $100 of revenue, Intelligent Protection Management kept $52 after the direct cost of its products and services.
How much does Intelligent Protection Management spend on research and development?
Intelligent Protection Management spent $3.3 million on research and development in fiscal 2025, 13.8% of revenue.
How fast is Intelligent Protection Management growing?
Revenue grew 13.0% a year on average over the last five fiscal years, from $12.8 million to $23.6 million.
What are Intelligent Protection Management's earnings per share?
Intelligent Protection Management earned $-0.08 per diluted share in fiscal 2025, compared with $-0.51 a year earlier.
When will Intelligent Protection Management report its next earnings?
Intelligent Protection Management is expected to report results for the quarter ending September 30, 2026 on November 11, 2026 after the market closes.
When does Intelligent Protection Management's fiscal year end?
Intelligent Protection Management's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 17, 2026.