Earnings Releases·Nov 12, 2026, 4:07 PM ET

Intellicheck — Third Quarter 2026 Earnings Summary

Revenue decreased 5% year-over-year and 3% sequentially to $5.7 million, while net income rose $0.2 million year-over-year to $0.5 million, marking the fifth consecutive quarter of profitability.
Adjusted EBITDA increased $0.3 million year-over-year to $0.9 million for the sixth consecutive positive quarter, supported by a 91% gross margin and operating expenses of $4.9 million.
Cash and cash equivalents reached $13.2 million, the highest level since 2021, with no debt outstanding and $3.3 million in cash from operations for the first nine months.
Strategic expansion included a new channel partner deployment with a major investment management firm and new partnerships in automotive credit and freight logistics, while banking and lending remains the largest growing vertical.
Management plans to maintain cost discipline while funding engineering and go-to-market investments, citing rising synthetic identity and deepfake-driven fraud as key drivers for technology demand.