Filing Flows › Intellinetics (INLX) › Q1 2026
Intellinetics (INLX) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Intellinetics (INLX) reported revenue of $3.9M for the first quarter 2026 (Q1 2026), -8% from a year earlier and -10% from the quarter before. Operating margin was -30.3%, net loss $1.2M (30.1% of revenue).
Intellinetics, Q1 2026: revenue $3.9M (-8% year over year), operating margin -30.3%, net loss $1.2M, operating cash flow −$228K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.9M | -10% | -8% |
| Operating profit | −$1.2M | — | — |
| Net earnings | −$1.2M | — | — |
| Operating cash flow | −$228K | — | — |
What changed
Revenue was $3.9M in Q1 2026, down 8% year over year and down 10% from the previous quarter. Professional Services was the largest line at 47% of revenue. Professional Services lost $308K year over year (down 14%), 91% of the total change.
Gross margin was 63.5%, down 3.1 points from Q1 2025. Operating costs exceeded revenue by $1.2M, an operating margin of -30.3%. Operating expenses grew 4% against a revenue fall of 8%. The quarter ended with a net loss of $1.2M, wider than the previous quarter's $208K loss.
Operating cash flow was −$228K. Non-cash charges added back $303K of depreciation and amortization and $263K of share-based compensation. Working capital and other items added $383K. Capital expenditures of $25K exceeded it, leaving free cash flow of −$253K.
Questions
What was Intellinetics' revenue in the first quarter 2026?
Intellinetics (INLX) reported revenue of $3.9M for the first quarter 2026 (Q1 2026), -8% from a year earlier and -10% from the quarter before.
Was Intellinetics profitable in the first quarter 2026?
Operating loss was $1.2M (-30.3% of revenue) and net loss $1.2M.
Source: Intellinetics 10-Q on SEC EDGAR.