earnings
confidence high
sentiment negative
materiality 0.75
Intellinetics Q1 revenue falls 8% to $3.9M; net loss widens to $1.2M; CEO sees double-digit SaaS growth
INTELLINETICS, INC.
2026-Q1 EPS reported
-$0.27
revenue$3,909,182
- Total revenue $3.9M, down 8% YoY; SaaS revenue flat at $1.5M (+0.1%).
- Net loss of $1.2M ($0.27/sh) vs net loss of $0.7M ($0.17/sh) in Q1 2025.
- Adjusted EBITDA loss of $287,650 vs profit of $76,589 in prior year.
- Q1 includes $430K in non-recurring CEO transition costs (severance, recruiting).
- New CEO Forsythe expects double-digit SaaS growth YoY in FY 2026.
item 2.02item 9.01