Earnings Releases·Nov 13, 2026, 11:15 AM ET

Intellinetics — Third Quarter 2026 Earnings Summary

Q3 total revenue rose 0.7% year-over-year to $4.0 million, driven by 5.0% SaaS growth and 6.2% storage/revenue growth, while professional services declined 2.5%; gross margin expanded 295 basis points to 67.1% and GAAP net loss narrowed to $0.2 million ($0.05/share) from $0.4 million in the prior year period.
Adjusted EBITDA turned positive at $144,821 in Q3, a $515,917 sequential improvement from Q2 and an increase from $102,642 in Q3 2025, though nine-month Adjusted EBITDA remained a loss of $513,925 compared to a $206,804 profit in the prior year.
Management revised fiscal 2026 SaaS growth guidance down from double-digit to single-digit year-over-year growth due to deployment timing and booking-to-revenue conversion pace, while entering Q4 with a lower cost structure following organizational restructuring.
Cash reserves increased to $2.85 million as of September 30, 2026, and deferred revenue rose to $4.1 million; no M&A activity, dividends, or share buybacks were reported.