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as of 08-20-2026 10:44am EST

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Intellinetics Inc is a document service and solutions software company serving both the small-to-medium business and governmental sectors. The company's digital transformation products and services are provided through two reporting segments: Software and Document Services. The Software segment consists of solutions involving software platforms, which allow customers to capture and manage all documents across operations such as scanned hard-copy documents and all digital documents including those from Microsoft Office 365, digital images, audio, video, and emails. The company's Document Services offerings aid clients as a part of their overall document to convert documents from one medium to another. Majority of revenue is from Document Services Segment.

Founded: 1996 Country:
United States
United States
Employees: N/A City: COLUMBUS
Market Cap: 26.4M IPO Year: 2013
Target Price: N/A AVG Volume (30 days): 857.0
Analyst Decision: N/A Number of Analysts: N/A
Dividend Yield:
N/A
Dividend Payout Frequency: N/A
EPS: -0.51 EPS Growth: -238.46
52 Week Low/High: $5.21 - $12.48 Next Earning Date: 05-14-2026
Revenue: $11,336 Revenue Growth: -99.57%
Revenue Growth (this year): 16.86% Revenue Growth (next year): N/A
P/E Ratio: -11.53 Index: N/A
Free Cash Flow: 579.5K FCF Growth: -83.05%

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Earnings Transcripts

SEC 8-K filings with transcript text

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2026
Q2

Q2 2026 Earnings

8-K SELL

Aug 12, 2026 · 100% conf.

AI Prediction SELL

1D

-7.11%

$5.34

Act: -4.35%

5D

-8.06%

$5.29

20D

-3.46%

$5.55

Price: $5.75 Prob +5D: 0% AUC: 1.000
0001493152-26-037327

EX-99.1

2 ex99-1.htm

EX-99.1

Exhibit 99.1

Intellinetics Reports Second Quarter and Six-Month 2026 Results

COLUMBUS,

OH – August 12, 2026 – Intellinetics, Inc. (NYSE American: INLX), a digital transformation solutions provider,

announced financial results for the three and six months ended June 30, 2026.

2026 Second Quarter Financial Highlights

●Software as a Service (SaaS) revenue increased 4.2% year over year to $1.6 million.

●Professional services revenue decreased 5.8% year over year.

●Total revenue decreased 1.6% year over year to $3.9 million, driven by the decline in professional services revenue.

●Gross profit decreased 3.9% year over year, with gross profit margin decreasing 162 basis points due to decreased professional services margins, driven by project mix.

●Net loss of $1.1 million, or ($0.24) per basic and fully diluted share, compared to net loss of $0.6 million, or ($0.13) per basic and fully diluted share, for the same period in 2025.

●Adjusted EBITDA loss of $371,096, compared to $27,573 Adjusted EBITDA profit from the same period in 2025.

●Cash at quarter end was approximately $1.7 million.

2026 Six-Month Financial Highlights

●Software as a Service (SaaS) revenue increased 2.2% year over year to $3.2 million.

●Professional services revenue decreased 10.3% year over year.

●Total revenue decreased 4.9% year over year to $7.9 million, driven by the decline in professional services revenue.

●Gross profit decreased 8.2% year over year, with gross profit margin decreasing 232 basis points due to decreased professional services margins, driven by project mix.

●Net loss of $2.3 million, or ($0.51) per basic and fully diluted share, compared to net loss of $1.3 million, or ($0.31) per basic and fully diluted share, for the same period in 2025.

◌Operating expenses for the six months ended June 30, 2026 include approximately $430,000 in non-recurring CEO transition costs, all of which were incurred in the first quarter of 2026.

●Adjusted EBITDA loss of $658,746, compared to $104,162 Adjusted EBITDA profit from the same period in 2025.

●Cash at period end was approximately $1.7 million.

Alison Forsythe, President & CEO of Intellinetics, stated: “Q2 was my first full quarter as CEO, and it reinforced my conviction that Intellinetics has the foundation to become a stronger, more scalable software and services company. We have high-value software assets, strong recurring revenue characteristics, long-standing customer relationships, and deep experience in document-intensive, compliance-driven markets where automation, workflow, secure content management, and process efficiency are increasingly important.”

“In the first half of 2026, we moved quickly to establish the operating discipline required to scale. We improved forecasting visibility, strengthened sales pipeline management, implemented a more consistent management cadence, launched a new website to support clearer market positioning, and added greater structure, ownership, timelines, and accountability around key initiatives. These are important building blocks as we move from assessment to execution.”

“Our priorities for the second half are clear: accelerate SaaS growth, improve go-to-market execution, prioritize product and technology investments, and reduce operating variability. SaaS revenue increased 4.2% year over year in Q2, and we continue to expect double-digit year-over-year SaaS growth for fiscal 2026. While we do not publicly report bookings, project backlog, or pipeline metrics, internally we observed improvement in those measures during the first half of 2026, which supports our continued 2026 Outlook. As a result, we believe the first half of 2026 is not representative of the execution profile we are building for the second half and beyond.”

“Over the next two to four years, we see a meaningful opportunity to build a more focused and predictable business. That means expanding SaaS and recurring revenue, using Document Services as a strategic entry point into broader software relationships, modernizing and prioritizing the product portfolio, and aligning talent and capital behind the opportunities with the highest return. We are early in the transformation, but the direction is clear, and we are moving with urgency.”

Summary – 2026 Second Quarter Results

Revenues for the three months ended June 30, 2026 were $3,946,477, a decrease of 1.6%, as compared with $4,010,813 for the same period in 2025. This net decrease was driven by a 5.8% decrease in professional services revenues, reflecting continued project volume challenges in our Document Services segment, and an 11.7% decrease in software maintenance services revenues, which more than offset SaaS revenue growth of 4.2% and storage and retrieval revenue growth of 8.8%.

Total operating expenses increased 14.7% to $3,709,046, compared to $3,235,035, driven by a 24.4% increase in general and administrative expenses primarily from increased variable compensatio

2026
Q1

Q1 2026 Earnings

8-K SELL

May 14, 2026 · 100% conf.

AI Prediction SELL

1D

-7.63%

$6.47

Act: -2.43%

5D

-8.35%

$6.42

Act: -5.48%

20D

-2.26%

$6.84

Price: $7.00 Prob +5D: 0% AUC: 1.000
0001493152-26-023042

EX-99.1

2 ex99-1.htm

EX-99.1

Exhibit 99.1

Intellinetics Reports First Quarter Financial Results

COLUMBUS,

OH – May 14, 2026 – Intellinetics, Inc. (NYSE American: INLX), a digital transformation solutions provider, announced

financial results for the three months ended March 31, 2026, the first quarter of 2026.

2026 First Quarter Financial Highlights

●Software as a Service (SaaS) revenue increased 0.1% year over year to $1.5 million.

●Professional services revenue decreased 14.3% year over year.

●Total revenue decreased 8.0% year over year to $3.9 million, driven by the decline in professional services revenue.

●Gross profit decreased 12.2% year over year, with gross profit margin decreasing 307 basis points due to decreased professional services margins, driven by project mix.

●Net loss of $1.2 million, or ($0.27) per basic and fully diluted share, compared to net loss of $0.7 million, or ($0.17) per basic and fully diluted share, for the same period in 2025.

○Operating expenses in Q1 2026 include approximately $430,000 in non-recurring CEO transition costs.

●Adjusted EBITDA loss of $287,650, compared to $76,589 Adjusted EBITDA profit from the same period in 2025.

●Cash at quarter end was approximately $2.1 million.

Alison Forsythe, President & CEO of Intellinetics, stated: “I am now 90 days into the role as CEO of Intellinetics and I feel even more confident in our ability to grow our SaaS business. Our products offer great value to the user, are highly sticky within customer workflows, and address attractive market opportunities. Based on what I have seen in my first 90 days, I believe we can deliver double digit year over year SaaS growth in 2026 over 2025.”

“Having joined Intellinetics in mid-February, my initial focus has been on evaluating the business, meeting with employees, customers, and partners, and assessing our operational and go-to-market priorities. While first quarter results reflect variability in professional services revenue and margins, my early assessment confirms the conclusions reached during the extensive diligence process completed before I accepted this role: Intellinetics has a differentiated technology platform, long-standing customer relationships, and significant opportunities to expand our SaaS and software business in targeted vertical markets.”

“In my first several weeks with the Company, it has become increasingly clear that there are significant opportunities to improve execution, operational consistency, predictability, and overall go-to-market effectiveness across the organization. We are moving quickly to strengthen alignment, improve operating discipline, and better position the business for scalable long-term growth.”

“Our software platform and recurring revenue business remain the core of our long-term strategy. Looking ahead, our focus is centered on accelerating SaaS growth, improving execution consistency and predictability, and aligning investments and resources around our highest-priority growth opportunities.”

Summary – 2026 First Quarter Results

Revenues for the three months ended March 31, 2026 were $3,909,182, a decrease of 8.0%, as compared with $4,247,345 for the same period in 2025. This decrease was primarily due to a 14.3% decline in professional services revenue.

Total operating expenses increased 4.4% to $3,664,611, compared to $3,511,759 for the same period in 2025, driven by increases in general and administrative expense of 9.1%, due to non-recurring expenses in Q1 related to our CEO transition, totaling $430,130, including severance costs and share-based compensation for our retiring CEO, overlapping compensation expenses for our prior and current CEO in the quarter, and recruiting costs for our new CEO, partially offset by reduced share-based compensation expense for other employees. Loss from operations was $1,182,552 compared to loss from operations of $684,559 in the first quarter last year, primarily due to the lower professional services revenues and non-recurring CEO transition costs.

Intellinetics reported net loss of $1,177,853 compared to net loss of $727,565 for the same period in 2025. Basic and diluted net loss per share for the three months ended March 31, 2026 was $0.27, compared to $0.17 net loss per basic and diluted share for the first quarter 2025. Adjusted EBITDA loss was $287,650 compared to Adjusted EBITDA profit of $76,589 in 2025.

For the quarters ended March 31,

2026 2025

Revenues:

Software as a service $1,543,847 $1,542,169

Software maintenance services 296,393 335,191

Professional services 1,850,163 2,158,315

Storage and retrieval services 218,779 211,670

Total revenues 3,909,182 4,247,345

2026 Outlook

Management remains focused on accelerating SaaS growth and currently expects double-digit year-over-year SaaS growth for fiscal 2026.

Conference Call

Intellinetics is holding a conference call to discuss these results on a live webcast at 4:30 p.m. ET today. Interested parties can access th

2025
Q4

Q4 2025 Earnings

8-K

Mar 30, 2026

0001493152-26-013565

EX-99.1

2 ex99-1.htm

EX-99.1

Exhibit 99.1

Intellinetics Reports Fourth Quarter and Full Year 2025 Financial Results

COLUMBUS,

OH – March 30, 2026 – Intellinetics, Inc. (NYSE American: INLX), a digital transformation solutions provider, announced

financial results for the three and 12 months ended December 31, 2025.

2025 Fourth Quarter Financial Highlights

●Software as a Service (SaaS) revenue increased 8.4% year over year to $1.6 million.

●Professional services revenue decreased 1.8% year over year.

●Total revenue increased 1.0% year over year to $4.3 million, as SaaS growth more than offset a modest decline in professional services revenue.

●Gross profit increased 3.9% year over year, with gross profit margin increasing 184 basis points due to a favorable revenue mix.

●Net loss of $207,975, or ($0.05) per basic and fully diluted share, compared to net loss of $53,701, or ($0.01) per basic and fully diluted share, for the same period in 2024.

●Adjusted EBITDA of $260,749, compared to $531,241 from the same period in 2024.

●Cash at quarter end was approximately $2.5 million.

2025 Full-Year Financial Highlights

●SaaS revenue increased 11.3% year over year to $6.3 million.

●Professional services revenue decreased 18.7% year over year.

●Total revenue was $16.6 million, reflecting lower professional services activity.

●Gross profit decreased 3.7% year over year, a function of volume, and gross profit margin increased 295 basis points due to a favorable revenue mix.

●Net loss of $1,872,895, or ($0.44) per basic and fully diluted share, compared to net loss of $546,215, or ($0.13) per basic and fully diluted share, for the same period in 2024.

●Adjusted EBITDA was $469,694, compared to $2,382,357 in the prior year.

Fiscal year 2025 reflected continued progress in Intellinetics’ software-led business, with SaaS revenue continuing to grow and representing an increasing share of overall revenue. Total revenue declined compared to 2024, driven primarily by variability in professional services activity. During the year, the Company also strengthened its document management business, including securing a significant contractual win with its largest customer.

The Company continued to build its foundation for long-term growth by expanding its SaaS footprint, investing in go-to-market capabilities, and refining its focus on vertical markets where demand for secure document and workflow automation solutions remains strong.

Management believes these efforts position Intellinetics to improve revenue predictability, expand margins over time, and accelerate sustainable growth.

Alison Forsythe, President & CEO of Intellinetics, stated: “In 2025, under the leadership of my predecessor, Intellinetics continued to grow SaaS revenue while also strengthening our document management business, including a critical contractual win with our largest customer.

“I did my homework before accepting the role as CEO, and after spending my first weeks closely evaluating the business, it is even clearer that we have strong foundational assets—an established SaaS customer base, differentiated technology, and attractive vertical market opportunities. At the same time, there is a clear opportunity to improve execution, sharpen our go-to-market approach, and operate with greater discipline across both our software and document management businesses.

“Our software platform is the core of our business and the primary driver of our long-term growth. Looking ahead to 2026, our focus is on accelerating SaaS revenue and increasing recurring software revenue. We are aligning our organization, investments, and operating priorities around that objective while bringing greater consistency to our document management business. Together, these efforts position Intellinetics for more consistent performance and long-term value creation.”

Summary – 2025 Fourth Quarter Results

Revenues for the three months ended December 31, 2025 were $4,323,843, an increase of 1.0%, as compared with $4,280,071 for the same period in 2024. This increase was primarily due to an 8.4% increase in SaaS revenue, partially offset by a 1.8% decrease in professional services fees.

Total operating expenses increased 11.2% to $3,096,090, compared to $2,784,991 for the same period in 2024, driven by increases in sales and marketing expense of 14.4% and general and administrative expense of 11.2%. Loss from operations was $216,308 compared to loss from operations of 12,920 in the fourth quarter last year, primarily due to the sales and marketing increase and other security and infrastructure investments.

Intellinetics reported net loss of $207,975 compared to net loss of $53,701 for the same period in 2024. Basic and diluted net loss per share for the three months ended December 31, 2025 was $0.05, compared to $0.01 net loss per basic and diluted share for the period ended December 31, 2024. Adjusted EBITDA was $260,749 compared to $531,241 in 2024.

For the quarters

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