Intellicheck stock gains 2.56 percent as Q2 revenue grows
Published on 09/25/2026 at 09:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Intellicheck stock gained 2.56 percent to USD 2.40 on Nasdaq on September 24, 2026, while the identity verification company reported Q2 2026 revenue of USD 5.941 million. The stock remains 73.57 percent below its 52-week high of USD 9.08, putting the latest operating progress against a demanding market history.
Revenue growth meets profitability
ScanX reported that Q2 revenue increased 16 percent year over year and 7 percent from Q1 2026. Gross margin reached 91 percent, adjusted EBITDA was USD 1.1 million, and the quarter marked the fifth consecutive period with positive adjusted EBITDA.
The earnings mix also shows improving scale. Operating expenses were USD 4.9 million, down 1 percent year over year, while operating income reached USD 573,000 and net income totaled USD 633,000. First-half revenue was USD 11.5 million, with adjusted EBITDA of USD 2 million.
Customer concentration remains central
According to The Globe and Mail, banking and lending accounted for 48 percent of Q2 revenue, compared with 40 percent in Q2 2025. That shift supports management's diversification strategy, although one customer represented 29 percent of first-half revenue and is evaluating a multi-vendor identity verification approach.
The customer concentration creates a clear counterweight to the quarterly growth rate. Management said the evaluation had not yet produced the transaction reduction previously communicated, while a new purchase order and planned API transition could support continued activity.
Cash supports the operating plan
Intellicheck held USD 11.837 million in cash as of June 30, 2026, and reported no debt. Cash from operations reached USD 2.2 million in the first half, giving the company room to fund product development and customer expansion without a stated near-term capital raise.
Stock stays below yearly high
Intellicheck stock stood at USD 2.40 on Nasdaq on September 24, 2026, versus a prior close of USD 2.34. The market capitalization was USD 48,602,880, while the 52-week range was USD 2.32 to USD 9.08.
Intellicheck market and company data
- Company: Intellicheck, Inc.
- Ticker: IDN
- Trading venue: Nasdaq
- Price as of September 24, 2026: USD 2.40
- Market capitalization: USD 48,602,880 as of September 24, 2026
- 52-week range: USD 2.32-9.08 as of September 24, 2026
- Sector / Industry: Technology / Software - Application
