Report of 2026-11-12. Latest Technology report →

25 most recent Technology earnings releases

1. WFCF·Nov 13, 2026, 5:14 PM ET·Software - Application

   Where Food Comes From, Inc. — Third Quarter 2026 Earnings Summary

   Key points

   • Total revenue increased 4% to $7.3 million in Q3 2026 (from $7.0 million), driven by a 6% rise in verification and certification revenue to $5.9 million, while product sales remained flat at $1.2 million.
   • Gross margin expanded to 42.1% in Q3 (from 38.3%) and operating income surged 68% to $1.0 million, though net income declined to $0.8 million due to a $0.9 million gain on the sale of the Progressive Beef interest in the prior year quarter.
   • The company returned $268,000 to stockholders in Q3 via share buybacks (21,170 shares), bringing nine-month buybacks to 110,651 shares, while cash and cash equivalents rose to $4.4 million.
   • Management highlighted strong momentum in new service offerings (CARE and RaiseWell® Certified) and record consumer interest in sustainability, noting that smaller cattle herd sizes continue to impact product sales despite value-add premiums.
2. HIT·Nov 13, 2026, 5:05 PM ET·Software - Application

   Health In Tech — Third Quarter 2026 Earnings Summary

   Key points

   • Q3 2026 revenue declined to $6.6 million from $8.5 million in Q3 2025, while the nine-month period saw revenue fall to $23.4 million from $25.8 million; the company reported a Q3 net loss of $7.1 million (including a $5.3 million credit loss provision) compared to a $0.5 million net income in the prior year period.
   • Full-year 2026 revenue guidance was revised downward to approximately $30 million due to delayed policy commencements from a carrier transition, with anticipated revenue contributions shifted into 2027.
   • Leadership transitioned with Sanjay Shrestha assuming the CEO role on October 20, 2026, while founder Tim Johnson moved to Executive Chairman to focus on long-term strategy and product development.
   • The company raised $6.65 million via convertible notes and $6.38 million through a private investment in public equity financing during the first nine months of 2026, maintaining a cash balance of $10.1 million as of September 30, 2026.
   • Strategic initiatives include the September launch of the AI-powered HitRix marketplace, the first client secured for the Three-Year Rate Stabilization Program, and a focus on improving quote-to-bind conversion rates to monetize a $156.4 million pipeline.
3. NXPL·Nov 13, 2026, 4:47 PM ET·Software - Application

   NextPlat Corp — Third Quarter 2026 Earnings Summary

   Key points

   • Consolidated revenue decreased 24% year-over-year to $10.5 million, while gross profit improved nearly 35% with consolidated gross margins expanding to 35.0% from 19.9% in the prior-year period.
   • Net loss narrowed 66% to $0.7 million ($0.28 per diluted share) as total operating expenses fell to $4.5 million, supported by a 300% surge in Healthcare contract revenue to $2.4 million.
   • Strategic growth initiatives include the post-quarter acquisition of Scott's pharmacy in Pensacola, the upcoming Jacksonville location opening, and a Q4 launch of a nationwide medication fulfillment website to expand beyond Florida.
   • The company maintains a strong liquidity position with $11.2 million in cash and no material unsecured debt, while anticipating retail prescription volume increases in the fourth quarter driven by new acquisitions and international marketplace expansion.
4. VUZI·Nov 13, 2026, 4:30 PM ET·Consumer Electronics

   Vuzix — Third Quarter 2026 Earnings Summary

   Key points

   • Total revenue declined 38% year-over-year to $0.7 million, driven by a 45% drop in product sales to $0.5 million, while net loss widened to $8.4 million ($0.10 per share) from $7.4 million in Q3 2025.
   • Operating expenses reached $7.6 million, including $1.0 million in non-recurring consulting costs for the Causeway platform; excluding these, expenses were 7% below prior-year levels, with Q4 2026 guidance set for the mid-$6 million range.
   • Strategic progress includes shipping evaluation samples for the Causeway optical interconnect platform, securing nearly $1.0 million in new OEM defense orders for Q4, and advancing production-validation negotiations with a global automotive customer.
   • Management is pivoting toward an OEM-focused model leveraging U.S.-based manufacturing and waveguide expertise, anticipating future growth through customer-funded development programs rather than significant increases in development spending.
5. FIEE·Nov 13, 2026, 4:16 PM ET·Communication Equipment

   FiEE, Inc. — Third Quarter 2026 Earnings Summary

   Key points

   • Revenue surged 382.1% year-over-year to $9.6 million for the nine months ended September 30, 2026, driven by new SaaS, software services, and phygital art advisory segments, while gross margin decreased to 76.3% from 83.0% due to higher amortization and revenue mix changes.
   • The company achieved a significant profitability turnaround, reporting net income of $3.6 million and operating income of $3.8 million for the nine-month period, reversing prior-year net losses of $1.3 million and operating losses of $1.1 million.
   • Strategic execution includes a full transition from legacy hardware to a "Software First Model" leveraging AI and IoT, resulting in a rebrand from Minim, Inc. to FiEE, Inc. and the onboarding of 939 MCN customers and 32 software service clients.
   • Balance sheet strength improved with cash reserves rising to $5.2 million and total stockholders' equity increasing to $12.8 million, though accounts receivable grew to $4.6 million and contract liabilities declined to $101,896.
6. FFR·Nov 13, 2026, 4:10 PM ET·Software - Infrastructure

   FF EAI Robotics Ecosystem — Q3 2026 Earnings Summary

   Key points

   • The acquired robotics business generated $2.3 million in standalone revenue and $593,000 in gross profit (26% margin) for the nine months ended September 30, 2026, with no outstanding debt, though results were excluded from FFR's consolidated Q3 2026 figures due to the October 23, 2026 acquisition closing date.
   • Full-year 2026 standalone guidance remains reaffirmed for approximately 2,000 robots sold and shipped with positive unit gross margins, while cumulative device shipments reached 1,168 units by end of October.
   • Strategic milestones include commencing factory production by year-end 2026, launching a 100-city robotics education initiative, and introducing the Physical Cloud platform and Productivity Token during CES 2027.
   • The company completed the acquisition of FFAI's robotics business for common shares and convertible preferred shares, establishing a clean balance sheet and appointing new leadership including CEO YT Jia and Executive Chairman Jerry Wang.
   • FF OmniMind holds the top ranking on the RoboColiseum global robotics model benchmark, and RoboShare has expanded to over 100 listed robots with ten third-party companies joining the platform.
7. NTWK·Nov 13, 2026, 2:39 PM ET·Software - Application

   NETSOL Technologies — Fiscal First Quarter 2027 Earnings Summary

   Key points

   • Total net revenues rose 9.3% year-over-year to $16.4 million, while gross margin expanded 1,100 basis points to 50.5% and the company returned to profitability with GAAP net income of $0.16 million versus a $2.36 million loss in the prior year.
   • Management provided a fiscal 2027 outlook assuming continued subscription growth and disciplined cost management with no material acquisitions, while noting that revenue and gross margin reached their highest first-quarter levels in five years.
   • The board of the majority-owned subsidiary NETSOL Technologies Limited recommended a share buy-back of up to 4,000,000 shares (approx. 4.45% of capital), subject to shareholder approval in December 2026.
   • The company is evaluating strategic alternatives, including a potential sale or wind-down, for subsidiary Virtual Lease Services Limited (VLS), which contributed 1.7% of consolidated revenues and may result in unestimated disposal losses.
   • Operating cash outflow of $5.6 million was driven by working capital changes, including decreases in contract liabilities and increases in contract assets, though liquidity remains sufficient to fund operations through the year.
8. INLX·Nov 13, 2026, 11:15 AM ET·Software - Application

   Intellinetics — Third Quarter 2026 Earnings Summary

   Key points

   • 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.
9. MOBX·Nov 13, 2026, 9:50 AM ET·Semiconductors

   Mobix Labs — Q4 2026 Earnings Summary

   Key points

   • Preliminary Q4 revenue surged 129% sequentially to $1.81 million, exceeding guidance, while GAAP gross margin expanded 3,160 basis points to 44.5% and net loss narrowed 46% to $9.09 million.
   • Full-year 2026 GAAP net loss totaled $41.86 million, driven by $12.30 million in stock-based compensation and $9.91 million in financing-related charges.
   • Management anticipates continued revenue growth following the resolution of working capital constraints that previously limited component procurement, though future performance remains dependent on access to critical components and customer demand.
   • Significant balance sheet improvements include a 21% decline in total liabilities to $29.63 million and a shift in stockholders' equity from a $336,000 deficit to a $4.87 million surplus.
   • Substantial doubt remains regarding the company's ability to continue as a going concern due to liquidity constraints, potential financing needs, and the risk of stockholder dilution.
10. XTIA·Nov 13, 2026, 7:30 AM ET·Software - Application

    XTI Aerospace — Third Quarter 2026 Earnings Summary

    Key points

    • Q3 2026 revenue reached $35.3 million (up 8.8% sequentially and 46.1% vs. Q3 2025 proforma), with Adjusted EBITDA turning positive at $1.6 million compared to a $4.9 million loss in Q2; full-year revenue guidance remains $125–$130 million.
    • The strategic pivot to the Drone Nerds business is substantially complete following the discontinuation of the XTI aircraft and Inpixon operations, supported by new product launches including the ABZ Innovation C30 and Evolver DFR programs.
    • Management expects a transition to positive ongoing operating cash flows in Q4 2026, driven by a 42% reduction in average monthly corporate cash outflows to $1.1 million and disciplined expense management.
    • Key liquidity and governance updates include the restructuring of $4.7 million in defaulted promissory notes, securing a cross-default waiver from JPMorgan Chase, and the appointment of Dr. Allan Evans as Chairman and Jeremy Schneiderman as Interim CEO.
11. LGL·Nov 12, 2026, 5:27 PM ET·Electronic Components

    The LGL Group, Inc. — Third Quarter 2026 Earnings Summary

    Key points

    • Total revenues rose 32.1% year-over-year to $1.464 million in Q3 2026, driven by a 30.4% revenue increase in the Electronic Instruments segment, though the company reported a net loss of $45,000 compared to $772,000 in net income the prior year.
    • Gross margin contracted significantly to 31.8% in Q3 2026 (down 2,100 basis points) and 44.0% for the nine months ended September 30, 2026, primarily due to volume-based pricing for a single customer and higher inventory reserves.
    • The company completed a rights offering in July 2026 raising $41.5 million and a warrant dividend program in January 2026 generating approximately $5.0 million, resulting in cash and marketable securities increasing to $87.0 million as of September 30, 2026.
    • Electronic Instruments backlog surged to $6.5 million as of September 30, 2026, from $625,000 at the end of 2025, while the Merchant Investment segment saw a 5.4% decline in pre-tax income to $122,000.
    • Nine-month net loss attributable to common stockholders was $1.02 million, impacted by an $874,000 increase in stock-based compensation and the absence of a 2025 uncertain tax position reversal.
12. ROC·Nov 12, 2026, 5:21 PM ET·Software - Application

    Rank One Computing Corporation — Third Quarter 2026 Earnings Summary

    Key points

    • Total revenue reached a record $8.0 million, a 50% year-over-year and 57% sequential increase, driven by a 71% rise in gross profit to $7.2 million and a 90% gross margin, resulting in a net income of $0.6 million ($0.03 EPS) versus a prior-year loss.
    • Secured the largest award in company history, a $64.3 million, eight-year Department of Justice contract with a $7.4 million base-year value, alongside a $5.1 million federal ROC ABIS contract, while completing the ZTC acquisition to add digital forensics capabilities.
    • Management identified the quarter as an inflection point with confidence in a strong close to 2026, anticipating meaningful revenue contributions from the DOJ contract in Q4 2026 through Q3 2027 and continued focus on core growth products ROC ABIS, ROC Evidence, and ROC Watch.
    • Financial position strengthened with $7.5 million in cash on hand and no revolving line of credit borrowings, though accounts receivable increased to $11.1 million and operating expenses rose to $6.6 million due to ZTC integration costs.
13. DIOD·Nov 12, 2026, 5:00 PM ET·Semiconductors

    Diodes, Inc. — Q3 2026 Earnings Summary

    Key points

    • Q3 2026 revenue reached $532.6 million, a 36% year-over-year and 20% sequential increase; non-GAAP adjusted net income rose to $54.5 million ($1.18 per share), up from $17.2 million ($0.37 per share) in the prior year quarter.
    • Full-year 2026 revenue guidance expects a ~30% increase over 2025, with Q4 2026 revenue forecast at approximately $550 million (±3%) and non-GAAP gross margin expected to expand to 37% (±1%).
    • Strategic capital allocation included a $375 million private placement of 0% convertible senior notes due 2031 and $35 million in stock buybacks; the ElevATE Semiconductor acquisition contributed $29.5 million to inventory additions.
    • Record performance driven by Automotive (nearly 60% YoY growth), Industrial (50% YoY), and Computing (33% YoY) segments, with management targeting a long-term model of $2.5 billion revenue and 40% gross margin.
    • Supply constraints persist with extended lead times and tight channel inventory, while AI infrastructure demand continues to offset softness in smartphone and PC markets.
14. PRSO·Nov 12, 2026, 4:58 PM ET·Semiconductors

    Peraso Inc. — Third Quarter 2026 Earnings Summary

    Key points

    • Revenue declined to $0.3 million in Q3 2026 from $1.3 million in Q2 2026 and $3.2 million in Q3 2025 due to reduced mmWave shipments, while gross margin expanded to 78.5% from 63.7% in the prior quarter.
    • The company reported a GAAP net loss of $2.7 million ($0.18 per share) and saw cash reserves fall to $630,000 as of September 30, 2026, down from $2.89 million at year-end 2025.
    • Management expects revenue growth to resume in Q4 2026 following early signs of renewed demand, supported by a new $2 million+ production order received in October for fixed wireless access.
    • Strategic progress includes the launch of a jam-resistant module for defense/UAV applications and a completed private placement with Nant Capital, LLC, generating approximately $10 million in gross proceeds.
    • The board concluded its review of strategic alternatives, though the company faces ongoing risks regarding Nasdaq compliance, capital raising, and potential supply chain or export control disruptions.
15. SPRU·Nov 12, 2026, 4:52 PM ET·Solar

    Spruce Power — Third Quarter 2026 Earnings Summary

    Key points

    • Revenue declined 3% year-over-year to $29.7 million, while net income turned positive at $6.0 million ($0.28 diluted EPS) compared to a $0.9 million loss in the prior year period.
    • Operating EBITDA rose 3% year-over-year to $27.0 million, driven by a 23% reduction in SG&A expenses to $10.3 million following headcount reductions and streamlining efforts.
    • Subsequent to the quarter, the company executed a non-binding term sheet to refinance SP1, SP2, and SP3 facilities, extending the SP1 maturity to January 30, 2027, and paid down $21.9 million in debt principal during the quarter.
    • Total debt decreased to $657.6 million with a blended interest rate of 6.3%, while the company maintains $87.3 million in cash and $42.0 million remaining under its $50.0 million share repurchase authorization.
16. ALMU·Nov 12, 2026, 4:45 PM ET·Semiconductors

    Aeluma, Inc. — First Quarter Fiscal 2027 Earnings Summary

    Key points

    • Revenue declined to $0.6 million from $1.4 million in the prior year period, while the net loss widened to $3.8 million ($0.19 per share) from $1.5 million ($0.09 per share) in the same quarter last year.
    • Cash and cash equivalents decreased to $53.9 million from $56.0 million at the end of the previous quarter, with net cash used in operating activities rising to $1.7 million compared to $0.8 million in the prior year.
    • The company is negotiating for up to $30 million in proposed funding from the U.S. Department of Commerce CHIPS R&D Office and finalized a purchase agreement with Aixtron for a new 200 mm MOCVD system to expand manufacturing capacity.
    • Management maintains a focus on transitioning high-speed photodetectors and quantum dot lasers to production environments, citing potential high-volume demand for AI infrastructure buildout from 2028 through 2032.
17. MSAI·Nov 12, 2026, 4:16 PM ET·Software - Infrastructure

    MultiSensor AI — Third Quarter 2026 Earnings Summary

    Key points

    • Total revenue declined 6% to $1.5 million for the quarter but grew 16% to $4.8 million for the nine months ended September 30, 2026, driven by an 81% year-over-year increase in software revenue to $2.3 million for the period.
    • Net loss narrowed 27% to $6.9 million for the nine months ended September 30, 2026, from $9.4 million in 2025, while cash burn slowed with net cash used in operating activities decreasing to $4.5 million from $5.8 million in the prior year period.
    • Strategic expansion includes a 14-site North American rollout with a global distributor, a Manchester Airports Group expansion, and new pilots in Australia and a global cloud infrastructure provider, shifting the revenue mix toward software subscriptions.
    • The company maintains a debt-free balance sheet with $20.4 million in cash and $3.2 million in contract liabilities, positioning it to continue investing in recurring revenue despite a 16% reduction in cash equivalents since December 31, 2025.
18. WATT·Nov 12, 2026, 4:16 PM ET·Scientific & Technical Instruments

    Energous Wireless Power Solutions — Third Quarter 2026 Earnings Summary

    Key points

    • Q3 2026 revenue reached $3.4 million, a 167% year-over-year increase and 10% sequential rise, while year-to-date revenue of $9.6 million exceeded full-year 2025 total revenue of $5.6 million.
    • Gross margins improved to 14% in Q3 2026 from 3% in Q2 2026, with GAAP net loss narrowing to $2.5 million ($0.45 per share) from $2.1 million in the prior year period.
    • Management expects continued gross margin improvement in Q4 2026 and 2027 as offshore contract manufacturers ramp production, alongside a strategic shift from market validation to commercial adoption.
    • Key product milestones include shipping over 69,500 PowerBridge transmitters since 2024 and receiving FCC certification for the PowerBridge Pro+ in July 2026, while cash and cash equivalents grew to $28.8 million.
    • The company is pursuing recurring revenue opportunities through data services and advanced analytics, with a long-term goal of becoming a foundational infrastructure provider for enterprise Physical AI applications.
19. AMPG·Nov 12, 2026, 4:16 PM ET·Communication Equipment

    AmpliTech Group — Q3 2026 Earnings Summary

    Key points

    • Q3 2026 revenue rose 8.0% year-over-year to $6.58 million, while gross margin improved 6.3 percentage points sequentially to 34.2% and net loss narrowed to $1.89 million from $3.09 million in Q2.
    • Full-year 2026 revenue guidance was lowered to at least $28 million, withdrawing the previous $50 million target due to supply-chain constraints and customer deployment delays.
    • Record backlog exceeded $52 million as of October 21, 2026, driven by a $21.7 million follow-on order for 5G O-RAN radios and new vendor approvals, with all orders shippable between FY2026 and FY2027.
    • Shareholders' equity doubled to $65.7 million following $20.11 million in equity financing proceeds, providing liquidity to meet operating obligations and capital requirements over the next 18 months.
20. GCTS·Nov 12, 2026, 4:15 PM ET·Semiconductors

    GCT Semiconductor Holding, Inc. — Third Quarter 2026 Earnings Summary

    Key points

    • Net revenues rose 148.6% year-over-year to $1.1 million, while the net loss narrowed 46.7% to $7.4 million; however, gross margin remained negative due to insufficient revenue to absorb overhead costs.
    • The 5G shipment ramp is now projected to extend into the first half of 2027 as customer implementation timelines lengthen, though the company has secured wafer capacity to support demand through that period.
    • Liquidity improved significantly with cash and equivalents reaching $17.2 million as of September 30, 2026, up from $590,000 at year-end 2025, supported by a $26.5 million loan maturity extension and an effective $200 million shelf registration.
    • Management maintains a disciplined cost structure with total operating expenses down 11.2% to $7.3 million, while total liabilities decreased slightly to $97.2 million and borrowings fell to $52.4 million.
21. TACT·Nov 12, 2026, 4:13 PM ET·Computer Hardware

    TransAct Technologies — Third Quarter 2026 Earnings Summary

    Key points

    • Net sales rose 10% year-over-year to $14.4 million, driven by a 33% surge in Food Service Technology (FST) to $6.4 million, though this was offset by an 11% decline in Casino and Gaming sales to $6.4 million.
    • The company reported an operating loss of $(415) thousand and a net loss of $(440) thousand, contrasting with prior year operating income and net income, while gross margin contracted to 46.4% from 49.8%.
    • Full-year 2026 guidance was revised downward to net sales of $55–$56 million and adjusted EBITDA of $1.5–$1.75 million, reflecting continued soft demand in the Casino and Gaming sector expected into Q4.
    • The Board initiated a formal strategic review of the Casino and Gaming business and is evaluating alternatives including a potential sale of the FST business, with no timetable or assurance of a transaction.
22. SSTI·Nov 12, 2026, 4:12 PM ET·Software - Application

    SoundThinking, Inc. — Third Quarter 2026 Earnings Summary

    Key points

    • Revenue remained flat at $25.0 million year-over-year, while gross profit declined 13% to $11.9 million and GAAP net loss widened to $8.5 million from $2.0 million in the prior year quarter.
    • The company entered a definitive merger agreement with Transom Capital Group for a potential total consideration of up to $11.00 per share ($8.00 cash plus up to $3.00 CVR), with closing expected in Q4 2026 subject to shareholder tender conditions.
    • Forward-looking guidance has been suspended and no conference call will be held due to the pending transaction, which drove acquisition-related costs of $5.1 million and increased total operating expenses to $20.1 million.
    • Cash and cash equivalents decreased to $9.5 million from $15.8 million at year-end 2025, while deferred revenue stood at $41.7 million and total debt remained at $4.0 million.
23. INVE·Nov 12, 2026, 4:11 PM ET·Computer Hardware

    INVE Technologies — Third Quarter 2026 Earnings Summary

    Key points

    • Revenue decreased to $3.1 million in Q3 2026 from $5.0 million in Q3 2025 due to lower RFID transponder sales and the divestiture of the IoT business, while GAAP net income turned positive at $0.6 million compared to a $3.5 million loss in the prior year.
    • GAAP gross margin improved to 18.3% and non-GAAP gross margin rose to 31.6%, driven by cost savings from the Thailand facility transition and the non-recurrence of inventory obsolescence charges, despite GAAP operating expenses increasing to $8.8 million due to asset sale transaction costs.
    • The company recognized a $6.1 million gain on the IoT business sale to Trackonomy and a $1.8 million gain on the dissolution of a foreign subsidiary, resulting in a cash balance of $86.8 million and equity investments increasing to $50.2 million as of September 30, 2026.
    • Management is not providing financial guidance as the company currently has no commercial revenue following the IoT business sale, with future results dependent on executing a strategy to acquire enterprise-enabled intelligent software businesses and the success of the strategic partnership with Trackonomy.
24. REKR·Nov 12, 2026, 4:08 PM ET·Software - Infrastructure

    Rekor Systems — Third Quarter 2026 Earnings Summary

    Key points

    • Total revenue declined 23% to $10.9 million for the quarter and 5% to $33.8 million for the first nine months, while net loss narrowed to $2.9 million ($0.02/share) for the quarter and $12.8 million for the nine-month period.
    • Recurring revenue grew 16% year-over-year to $7.5 million for the quarter (69% of total revenue), offsetting a drop in adjusted gross margin to 48.2% due to a less favorable revenue mix lacking high-margin perpetual license sales.
    • The company established a profitability objective at approximately $50 million in annual revenue, following the completion of major right-sizing initiatives that reduced operating expenses 41% in the quarter and eliminated $9.7 million in lease liabilities.
    • Management is in active discussions to refinance $15.0 million in Series A Prime Revenue Sharing Notes maturing December 15, 2026, with no assurance of completion on acceptable terms, while also addressing Nasdaq minimum bid price compliance requirements.
    • Strategic growth initiatives include expanding Born Authentic™ to retail via e-commerce in Q1 2027, launching the Rekor Scout® Axis Agent, and pursuing statewide transportation opportunities following contract expansions in Florida and an intent to award in Oregon.
25. IDN·Nov 12, 2026, 4:07 PM ET·Software - Application

    Intellicheck — Third Quarter 2026 Earnings Summary

    Key points

    • 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.