Filing Flows › First Internet Bancorp (INBK) › Q3 2026
First Internet Bancorp (INBK) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
First Internet Bancorp (INBK) reported revenue of $43.9M for the third quarter 2026 (Q3 2026), +670% from a year earlier and +7% from the quarter before. Operating margin was 11.5%, net earnings $4.8M (11.0% of revenue).
First Internet Bancorp, Q3 2026: revenue $43.9M (+670% year over year), operating margin 11.5%, net earnings $4.8M, operating cash flow $29.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $43.9M | +7% | +670% |
| Operating profit | $5.1M | +219% | — |
| Net earnings | $4.8M | +104% | — |
| Operating cash flow | $29.4M | +21% | -21% |
| Free cash flow | $29.4M | +21% | -21% |
What changed
Revenue was $43.9M in Q3 2026, up 670% year over year and up 7% from the previous quarter. Net interest income was the largest line at 79% of revenue. Noninterest income added $33.8M year over year, 89% of the total change.
Operating profit was $5.1M, a 11.5% margin (up 967.6 points year over year). Total costs fell 35% while revenue rose 670%. Net earnings were $4.8M. The effective tax rate was 4.7%.
Operating cash flow was $29.4M (down 21% year over year), 610% of net earnings. Non-cash charges added back $1.0M of depreciation and amortization and $515K of share-based compensation. Working capital and other items added $23.1M. Capital expenditures of $44K left free cash flow of $29.4M.
Questions
What was First Internet Bancorp's revenue in the third quarter 2026?
First Internet Bancorp (INBK) reported revenue of $43.9M for the third quarter 2026 (Q3 2026), +670% from a year earlier and +7% from the quarter before.
Was First Internet Bancorp profitable in the third quarter 2026?
Operating profit was $5.1M (11.5% of revenue) and net earnings $4.8M.