Quarterly ResultMay 12, 2026, 04:23 PM
Intellicheck Q1 Revenue $5.52M; Net Income $0.64M; EPS $0.03
AI Summary
Intellicheck, Inc. reported a strong financial performance for the first quarter of 2026, achieving a net income of $0.64 million, a significant improvement from a net loss in the prior year. The company saw an increase in revenues to $5.52 million and maintained a healthy liquidity position with $10.06 million in cash and cash equivalents. These results reflect continued growth in its identity verification solutions business.
Key Highlights
- Q1 2026 revenue increased to $5.52 million from $4.89 million in Q1 2025.
- Net income for Q1 2026 was $0.64 million, compared to a net loss of $(0.32) million in Q1 2025.
- Basic earnings per share for Q1 2026 was $0.03, up from $(0.02) in Q1 2025.
- Cash and cash equivalents stood at $10.06 million as of March 31, 2026.
- Net cash provided by operating activities was $0.45 million for Q1 2026.
- Gross profit rose to $5.03 million in Q1 2026 from $4.39 million in Q1 2025.
- SaaS revenue, the primary driver, was $5.51 million in Q1 2026.
- Deferred revenue increased to $2.92 million at March 31, 2026, from $1.66 million at December 31, 2025.
Price Impact
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