INTELLINETICS, INC. (INLX) Form 10-Q — Aug 12, 2026
Intellinetics (INLX) reported Q2 2026 revenue of $3,946,477, down 1.6% year over year, with a net loss of $1,086,138 ($0.24 per share) that nearly doubled from $567,590 ($0.13) a year earlier. Six-month revenue fell 4.9% to $7,855,659 with a net loss of $2,263,991. The bright spot was software: SaaS revenue grew 4.2% to $1,643,416 in the quarter on new payables automation customers, and management said bookings and order intake improved, with revenue from those orders expected to be recognized in the second half of 2026 and beyond. Document Services remained the drag, with professional services revenue down 10.3% for the six months on lower scanning project activity.
Key figures
- Revenue
- 3946477
- Total Debt
- 0
- Revenue Yoy
- -1.6% (Q2 2026); -4.9% (six months)
- Total Assets
- 15642082
- Cash Position
- 1713637
- Shares Outstanding
- 4494994
- Employees
- 141
- Q2 gross margin
- 66.4% (vs 68.0% prior year)
- Q2 saa S revenue
- 1643416
- Six month revenue
- 7855659
- Q2 saa S growth yoy
- 4.2%
- Accumulated deficit
- 25778124
- Stockholders equity
- 9802418
- Jpmorgan credit line
- $1 million (expires December 31, 2026)
- Atm remaining capacity
- $8.2 million
- Working capital deficit
- $1.3 million
- Government revenue share
- ~77%
- Federal nol carryforwards
- $19.8 million
- Largest customer share q2 revenue
- 32% (State of Michigan)
- Largest customer share gross receivables
- 52%
Price after filing
Close on the filing date to close N calendar days later (from $5.75). Historical, not a forecast.
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