Intellinetics Reports Third Quarter Revenue Down 12.8%
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Intellinetics Inc. reported a 12.8% decline in third quarter 2025 revenues, totaling $4.0 million, down from $4.6 million in 2024. SaaS revenue rose 14.6% to $1.6 million, while professional services revenue fell 28.0% to $1.9 million. The company incurred a net loss of $1.7 million, compared to a loss of $0.5 million in the previous year. Adjusted EBITDA decreased to $0.2 million from $1.9 million. Intellinetics anticipates 2025 revenues to be lower than 2024 due to professional services weakness but expects continued growth in SaaS revenue.
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