Revenue: As of FY2026 Q2, the actual value is USD 3.946 M, missing the estimate of USD 4.87 M.

EPS: As of FY2026 Q2, the actual value is USD -0.24.

EBIT: As of FY2026 Q2, the actual value is USD -1.086 M.

Financial Highlights for the Three Months Ended June 30, 2026

Segment Revenue

• Software as a Service (SaaS) revenue was $1,643,416, an increase of 4.2% year over year.
• Software maintenance services revenue was $291,767, a decrease of 11.7% year over year.
• Professional services revenue was $1,789,768, a decrease of 5.8% year over year.
• Storage and retrieval services revenue was $221,526, an increase of 8.8% year over year.
• Total revenue was $3,946,477, a decrease of 1.6% year over year from $4,010,813 in the same period of 2025.

Operational Metrics

• Gross profit was $2,618,987, a decrease of 3.9% year over year from $2,726,557 in the prior year.
• The gross profit margin decreased by 162 basis points, primarily due to decreased professional services margins.
• Total operating expenses increased by 14.7% to $3,709,046, compared to $3,235,035 in the same period of 2025.
• This increase was driven by a 24.4% increase in general and administrative expenses, partially offset by a 13.9% decrease in sales and marketing expenses and an 8.7% decrease in depreciation and amortization.
• Share-based compensation expense increased by $228,771 to $657,478.
• Loss from operations was - $1,090,059, compared to - $508,478 in the second quarter of 2025.
• Net loss was - $1,086,138, compared to - $567,590 for the same period in 2025.
• Adjusted EBITDA was - $371,096, compared to $27,573 in the same period of 2025.

Cash Position

• Cash at quarter end was approximately $1.7 million.

Financial Highlights for the Six Months Ended June 30, 2026

Segment Revenue

• Software as a Service (SaaS) revenue was $3,187,263, an increase of 2.2% year over year.
• Software maintenance services revenue was $588,160, a decrease of 11.6% year over year.
• Professional services revenue was $3,639,931, a decrease of 10.3% year over year.
• Storage and retrieval services revenue was $440,305, an increase of 6.0% year over year.
• Total revenue was $7,855,659, a decrease of 4.9% year over year from $8,258,158 in the same period of 2025.

Operational Metrics

• Gross profit was $5,101,046, a decrease of 8.2% year over year from $5,553,757 in the prior year.
• The gross profit margin decreased by 232 basis points.
• Total operating expenses increased by 9.3% to $7,373,657, compared to $6,746,794 in the same period of 2025.
• This increase included approximately $430,000 in non-recurring CEO transition costs incurred in Q1 2026.
• Loss from operations was - $2,272,611, compared to - $1,193,037 in the prior year.
• Net loss was - $2,263,991, compared to - $1,295,155 for the same period in 2025.
• Adjusted EBITDA was - $658,746, compared to $104,162 in the same period of 2025.

Cash Flow

• Net cash used in operating activities was - $186,094, compared to $112,521 net cash provided by operating activities in 2025.
• Net cash used in investing activities was - $352,925, compared to - $471,904 in 2025.
• Net cash used in financing activities was - $275,625, compared to - $58,378 in 2025.
• Net decrease in cash was - $814,644, compared to - $417,761 in 2025.
• Cash at period end was $1,713,637, compared to $2,071,475 in 2025.

2026 Outlook

Management for Intellinetics, Inc. expects double-digit year-over-year SaaS growth for fiscal 2026 and is focused on converting software opportunities into recurring revenue and improving go-to-market execution. The company aims to prioritize product and technology investments to support a more scalable business model, while acknowledging that professional services revenue may continue to vary. Management believes current actions are strengthening execution and positioning Intellinetics, Inc. for improved predictability and long-term recurring revenue growth.