T Stamp Inc. (IDAI) AI Stock Analysis

NASDAQ: IDAIAI research summary: business, growth, valuation, analysts, bull and bear case.

IDAI AI stock analysis summary

AI Research

T Stamp Inc. is an identity authentication software provider that utilizes artificial intelligence and biometric tokenization. The company generated $3.1M in FY2025 revenue alongside a net loss of -$8.3M. As of June 30, 2026, the company maintained a net cash position of $5.1M with a current ratio of 6.48.

Market cap
$15.4M
Revenue (TTM)
$3.4M
P/E
—
1Y return
-19.7%
S&P 500 16.8%
Avg. target
$8.00
194.7% vs last close

Bull case

  • One analyst projects significant top-line expansion for the next fiscal year, estimating revenue of $15.0M and an EPS of $0.14.
  • The company maintains a debt-free net balance sheet with $5.1M in net cash and a current ratio of 6.48 as of June 30, 2026.
  • Quarterly revenue grew 10.7% year-over-year in the latest quarter ended June 30, 2026.

Bear case

  • T Stamp Inc. generated ongoing operating deficits in FY2025, recording a net loss of -$8.3M and a net margin of -265.2%.
  • Cash burn remains substantial, highlighted by free cash flow of -$5.7M in FY2025.
  • Shareholder equity has faced extreme dilution, with the share count expanding 2075.4% over five years.

What T Stamp does

T Stamp Inc. specializes in the development and distribution of advanced identity authentication software solutions across the United States, the United Kingdom, and Malta. Leveraging artificial intelligence, the company integrates biometric science, cryptography, and data mining to provide identity and trust predictions while defending against fraudulent identity attacks. Central to its offerings are Irreversibly Transformed Identity Tokens, which securely tokenize biometric and identifying data. Headquartered in Atlanta, Georgia, the company serves banking and fintech, humanitarian and development services, and government and law enforcement. Its solutions also provide KYC/AML compliance, biometrically secured email services, document validation, and duplicate detection.

Growth and profitability

Revenue increased from $3.7M in FY2021 to $5.4M in FY2022, before falling 15.3% to $4.6M in FY2023 and falling 32.4% to $3.1M in FY2024. In FY2025, revenue grew 1.9% to $3.1M, while gross margin compressed to 55.9% and net income stood at -$8.3M. Over the 5-year period from FY2020 to FY2025, revenue CAGR was 3.5%. For the trailing twelve months ended June 30, 2026, revenue was $3.4M with an operating margin of -266.4% and EPS of -$2.01. In the latest quarter, quarterly revenue grew 10.7% year-over-year.

IDAI income statement →

Balance sheet and cash flow

As of June 30, 2026, T Stamp Inc. held $6.3M in cash and short-term investments against total debt of $1.2M, yielding net cash of $5.1M. Shareholders' equity was $4.6M, total assets were $12.5M, and the current ratio stood at 6.48 with a debt-to-equity ratio of 0.26. For FY2025, operating cash flow was -$5.7M and free cash flow was -$5.7M. Capital expenditures were $46,069 and share buybacks totaled $19,386, while share count increased 2075.4% over 5 years.

IDAI balance sheet →

Valuation and performance

At a closing price of $2.71 on October 16, 2026, T Stamp Inc. held a market cap of $15.4M and an enterprise value of $16.5M. The stock trades at a price-to-sales multiple of 4.5x and an EV-to-revenue multiple of 4.8x, both above the median of its US-listed Technology peers price-to-sales of 2.8x. IDAI shares declined 19.7% over the past year and declined 99.3% over five years, underperforming the S&P 500 (SPY) returns of 16.8% and 83.0% over the respective periods.

IDAI key metrics →

What analysts expect

Wall Street coverage includes 1 Buy rating, with 0 Hold and 0 Sell ratings. The mean price target is $8.00, representing a 194.7% premium over the last close of $2.71. For the current fiscal year ending December 31, 2026, the consensus EPS estimate is -$1.20 on projected revenue of $5.0M. For the next fiscal year, 1 analyst projects revenue of $15.0M and EPS of $0.14. T Stamp Inc. beat EPS estimates in 1 of the last 4 quarters, and its next earnings date is November 13, 2026.

IDAI forecast and price target →

Key risks and what to watch

  • Trailing twelve months profit margin stands at -272.8%, showing ongoing exposure to steep operating losses.
  • Cash reserves of $6.3M as of June 30, 2026, remain vulnerable against annual operating cash burn of -$5.7M recorded in FY2025.
  • Long-term equity returns reflect persistent capital loss, with the stock down 99.3% over the past 5 years.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this IDAI AI stock analysis

This page is an AI-written research summary of T Stamp Inc. (IDAI). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: IDAI income statement, IDAI balance sheet, IDAI key metrics, IDAI analyst forecast, IDAI chart. See the IDAI stock overview for the latest quote and news.

IDAI AI stock analysis FAQ

Does T Stamp Inc. pay a dividend?

No, T Stamp Inc. does not pay a dividend. In FY2025, the company reported free cash flow of -$5.7M.

What were T Stamp Inc.'s financial results in FY2025?

In FY2025, T Stamp Inc. reported revenue of $3.1M, gross margin of 55.9%, and a net loss of -$8.3M, which equates to an EPS of -$2.22.

What is the consensus analyst target for IDAI stock?

The single analyst tracking the stock has a Buy rating with a mean price target of $8.00, compared to the last close of $2.71 on October 16, 2026.

How much debt and cash does T Stamp Inc. have?

As of June 30, 2026, T Stamp Inc. had $6.3M in cash and short-term investments and $1.2M in total debt, leaving net cash of $5.1M.

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