Intellinetics, Inc. (INLX) Income Statement
INLX 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsINLX revenue and net income
Where INLX's revenue goes
2025Each bar shows an amount and its share of revenue. INLX kept −11.3% of revenue as net income.
INLX profit margins
INLX growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −8.0% | +5.8% | +15.0% | +21.6% |
| Gross profit | −5.0% | +10.2% | +17.0% | +19.4% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
INLX quarterly EPS vs estimates
Intellinetics beat the analyst EPS estimate in 5 of the last 7 quarters. Next report: November 11, 2026.
INLX income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.6M | $18.0M | $16.9M | $14.0M | $11.5M | $8.3M | $2.5M | $2.4M | $2.6M | $2.6M |
| Cost of revenue | $5.6M | $6.5M | $7.3M | $5.8M | $4.5M | $3.3M | $567,843 | $742,405 | $760,462 | $709,809 |
| Gross profit | $11.0M | $11.5M | $9.6M | $8.2M | $6.9M | $5.0M | $2.0M | $1.6M | $1.9M | $1.9M |
| Research & development | — | $690,926 | $558,976 | $253,797 | $345,697 | $293,092 | $467,364 | $359,789 | $412,405 | $386,000 |
| Sales, general & admin | $11.5M | $10.6M | $6.5M | $4.9M | $5.4M | $4.5M | $2.1M | $2.1M | $2.2M | $2.1M |
| Total operating expenses | $12.7M | $11.7M | $8.5M | $6.9M | $5.8M | $7.0M | $3.1M | $3.1M | $3.0M | $3.3M |
| Operating income | −$1.8M | −$173,505 | $1.1M | $1.3M | $1.1M | −$2.0M | −$1.2M | −$1.5M | −$1.2M | −$1.4M |
| Interest expense | $84,326 | $372,710 | $588,203 | $803,294 | $452,120 | $637,683 | $980,689 | $865,501 | $609,851 | $206,332 |
| Income before taxes | −$1.9M | −$546,215 | $519,266 | $24,027 | $1.4M | −$2.4M | −$2.1M | −$2.3M | −$1.4M | −$1.6M |
| Income taxes | — | — | $2 | $803,294 | $452,120 | −$188,300 | $980,689 | $1 | $609,851 | $0 |
| Net income | −$1.9M | −$546,215 | $519,266 | $24,027 | $1.4M | −$2.2M | −$2.1M | −$2.3M | −$1.4M | −$1.6M |
| EBITDA | −$470,186 | $1.0M | $2.1M | $1.6M | $2.9M | −$1.0M | −$1.1M | −$1.5M | −$743,682 | −$1.4M |
| EPS (diluted) | −$0.43 | −$0.13 | $0.12 | −$0.02 | $0.44 | −$0.99 | −$6.10 | −$7.00 | −$4.09 | −$4.74 |
| Gross margin | 66.0% | 64.0% | 56.8% | 58.4% | 60.6% | 60.5% | 77.6% | 68.8% | 71.0% | 72.7% |
| Operating margin | −10.8% | −1.0% | 6.6% | 9.1% | 9.7% | −24.7% | −45.5% | −61.9% | −44.5% | −52.7% |
| Net margin | −11.3% | −3.0% | 3.1% | 0.2% | 11.8% | −26.7% | −84.1% | −98.3% | −51.8% | −60.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.9M | $3.9M | $4.3M | $4.0M | $4.0M | $4.2M | $4.3M | $4.6M | $4.6M | $4.5M | $4.2M | $4.2M |
| Cost of revenue | $1.3M | $1.7M | $1.5M | $1.4M | $1.3M | $1.4M | $1.8M | $1.8M | $1.9M | $1.9M | $1.7M | $1.6M |
| Gross profit | $2.6M | $2.2M | $2.8M | $2.6M | $2.7M | $2.9M | $2.5M | $2.8M | $2.7M | $2.6M | $2.5M | $2.6M |
| Research & development | — | $168,629 | $175,132 | — | — | $175,132 | $180,560 | $179,813 | $170,822 | $159,731 | $166,400 | $120,830 |
| Sales, general & admin | $3.4M | $2.9M | $2.7M | $2.6M | $2.9M | $3.2M | $1.9M | $2.8M | $2.0M | $2.1M | $1.8M | $2.0M |
| Total operating expenses | $3.7M | $3.4M | $3.0M | $2.9M | $3.2M | $3.6M | $2.5M | $3.1M | $2.6M | $2.7M | $2.3M | $2.3M |
| Operating income | −$1.1M | −$1.2M | −$216,308 | −$379,224 | −$508,478 | −$684,559 | −$12,920 | −$298,211 | $172,106 | −$34,480 | $181,530 | $345,555 |
| Interest income | $3,921 | — | — | — | — | — | — | — | — | — | — | — |
| Interest expense | $3,921 | $4,699 | $27,251 | $9,459 | $59,112 | $43,006 | $40,781 | $94,639 | $97,056 | $140,234 | $119,889 | $136,224 |
| Income before taxes | −$1.1M | −$1.2M | −$207,975 | −$369,765 | −$567,590 | −$727,565 | −$53,701 | −$392,850 | $75,050 | −$174,714 | $61,638 | $209,331 |
| Income taxes | — | — | — | — | — | — | −$220,734 | — | −$4 | $220,734 | $2 | $300,546 |
| Net income | −$1.1M | −$1.2M | −$207,975 | −$369,765 | −$567,590 | −$727,565 | −$53,701 | −$392,850 | $75,050 | −$174,714 | $61,638 | $209,331 |
| EBITDA | −$787,196 | −$852,087 | $98,026 | −$26,674 | −$182,850 | −$358,688 | $307,508 | $7,698 | $464,930 | $246,298 | $454,729 | $606,515 |
| EPS (diluted) | −$0.24 | $0.00 | −$0.05 | −$0.08 | −$0.13 | −$0.17 | −$0.02 | −$0.09 | $0.02 | −$0.04 | $0.01 | $0.05 |
| Gross margin | 66.4% | 55.7% | 64.5% | 64.2% | 68.0% | 67.6% | 58.7% | 61.1% | 58.8% | 58.5% | 58.7% | 61.3% |
| Operating margin | −27.6% | −30.3% | −5.0% | −9.5% | −12.7% | −16.1% | −0.3% | −6.5% | 3.7% | −0.8% | 4.3% | 8.1% |
| Net margin | −27.5% | −30.1% | −4.8% | −9.2% | −14.2% | −17.1% | −1.3% | −8.6% | 1.6% | −3.9% | 1.5% | 4.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in INLX's financial statements (latest annual report filed March 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
INLX financial results
In fiscal year 2025 (ended December 31, 2025), Intellinetics reported revenue of $16.6 million, down 8.0% from the year before. It had a net loss of $1.9 million, a net profit margin of −11.3%. Diluted earnings per share came to −$0.43. Over five years revenue grew at an average rate of 15.0% a year.
See the INLX stock overview for the latest quote and news, or the INLX chart for price history and technical indicators.
INLX income statement FAQ
What is Intellinetics's annual revenue?
Intellinetics reported total revenue of $16.6 million for fiscal year 2025, which ended on December 31, 2025. That was down 8.0% from $18.0 million the previous year.
Is Intellinetics profitable?
No. Intellinetics reported a net loss of $1.9 million in fiscal 2025, a net profit margin of −11.3%; its operating margin was −10.8%.
What is Intellinetics's gross margin?
Intellinetics's gross margin was 66.0% in fiscal 2025: for every $100 of revenue, Intellinetics kept $66 after the direct cost of its products and services.
How fast is Intellinetics growing?
Revenue grew 15.0% a year on average over the last five fiscal years, from $8.3 million to $16.6 million.
What are Intellinetics's earnings per share?
Intellinetics earned $-0.43 per diluted share in fiscal 2025, compared with $-0.13 a year earlier.
When will Intellinetics report its next earnings?
Intellinetics is expected to report results for the quarter ending September 30, 2026 on November 11, 2026.
When does Intellinetics's fiscal year end?
Intellinetics's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 30, 2026.