Intellicheck Reports Record Q3 2025 Revenue and First Profit in Three Years

IDN
November 14, 2025

Intellicheck announced its Q3 2025 financial results on November 14, 2025, for the quarter ended September 30, 2025. Revenue reached a record $6.014 million, a 28 % increase year‑over‑year, while the company posted a net income of $290 000—its first profit in the quarter since the loss reported in Q3 2024.

Gross margin remained exceptionally high at 91 %, and adjusted EBITDA climbed to $631 000. The margin strength reflects the company’s successful transition to upfront, volume‑based contracts in high‑margin verticals such as banking and title insurance, which have higher pricing power and lower cost of service compared to its traditional retail identity‑verification business.

The results underscore Intellicheck’s strategic shift away from commoditized retail services toward regulated, recurring‑revenue markets. Operational discipline—tightening cost controls and improving billing efficiency—has been a key driver of the turnaround from a loss to profitability, while the new contract mix has amplified revenue growth without proportionally increasing operating expenses.

While the fact‑check report did not provide the exact Q3 2024 figures, the turnaround from a loss to a $290 000 profit signals a significant improvement in the company’s financial health. The 28 % revenue growth also indicates that the move into banking and title insurance is resonating with customers and delivering the expected scale benefits.

No analyst consensus estimates or management commentary were disclosed in the fact‑check report, so the article does not speculate on beat/miss status or include quotes. The focus remains on the concrete financial outcomes and the strategic rationale behind them.

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