Filing Flows › Intellinetics (INLX) › Q1 2025
Intellinetics (INLX) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
Intellinetics (INLX) reported revenue of $4.2M for the first quarter 2025 (Q1 2025), -6% from a year earlier and -0.8% from the quarter before. Operating margin was -16.1%, net loss $728K (17.1% of revenue).
Intellinetics, Q1 2025: revenue $4.2M (-6% year over year), operating margin -16.1%, net loss $728K, operating cash flow −$110K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.2M | -0.8% | -6% |
| Operating profit | −$685K | — | — |
| Net earnings | −$728K | — | — |
| Operating cash flow | −$110K | -181% | — |
What changed
Revenue was $4.2M in Q1 2025, down 6% year over year and down 1% from the previous quarter. Professional Services was the largest line at 51% of revenue. Professional Services lost $327K year over year (down 13%), 126% of the total change.
Gross margin was 66.6%, up 2.2 points from a year earlier. Operating costs exceeded revenue by $685K, an operating margin of -16.1%. Operating expenses grew 20% against a revenue fall of 6%. The fastest-growing cost line was Sales & marketing (+50%). The quarter ended with a net loss of $728K, wider than the previous quarter's $54K loss.
Operating cash flow was −$110K. Non-cash charges added back $308K of depreciation and amortization and $453K of share-based compensation. Working capital and other items used $144K. Capital expenditures of $121K exceeded it, leaving free cash flow of −$231K.
Questions
What was Intellinetics' revenue in the first quarter 2025?
Intellinetics (INLX) reported revenue of $4.2M for the first quarter 2025 (Q1 2025), -6% from a year earlier and -0.8% from the quarter before.
Was Intellinetics profitable in the first quarter 2025?
Operating loss was $685K (-16.1% of revenue) and net loss $728K.
Source: Intellinetics 10-Q on SEC EDGAR.