Intellinetics Q2 revenue falls 1.6% to $3.9 million; net loss widens to $1.1 million
Intellinetics reported second-quarter 2026 results, with total revenue down 1.6% year over year to $3.9 million as professional services revenue fell 5.8%. The net loss widened to $1.1 million, or $(0.24) per share, from $0.6 million, or $(0.13) per share, a year earlier, and adjusted EBITDA swung to a loss of $371,096. The company reiterated its expectation of double-digit year-over-year SaaS growth for fiscal 2026.
Key points
- Q2 SaaS revenue rose 4.2% to $1.6 million, while professional services revenue fell 5.8%.
- Q2 net loss was $1.1 million, or $(0.24) per share, versus $0.6 million, or $(0.13) per share, in Q2 2025.
- Six-month net loss was $2.3 million, including approximately $430,000 in non-recurring CEO transition costs incurred in Q1 2026.
- Cash was approximately $1.7 million at June 30, 2026, down from $2.5 million at December 31, 2025.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 12, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.