T Stamp Inc
truststamp.aiWhat Do They Do?
Develops and markets identity-authentication software for enterprise and government partners and peer-to-peer markets, helping organizations verify identities and protect sensitive user data.
10-K for FY2025, filed Mar 31, 2026
How Do They Make Money?
Trust Stamp mainly earns fees for professional services, alongside software licenses, subscriptions, platform use, hosting and software development. Customers are often billed in advance; services cover work delivered or access over a contract term, platform use can be charged per use, and some licenses are one-time fees.
10-K for FY2025, filed Mar 31, 2026Revenue Recognition — The Company derives its revenue primarily from professional services. The components of these revenues include but…View ↗
Software License and Subscription Software Usage (Orchestration Layer) Web Hosting Fees Software Development.View ↗
At contract inception, the Company will assess the services agreed upon within each contract and assess whether each service is distinct…View ↗
Contract Balances — The timing of customer billing and payment relative to the start of the service period varies from contract to…View ↗
The Orchestration Layer is a low-code platform that is designed to be a one-stop shop for Trust Stamp services and provides easy…View ↗
For the years ended December 31, 2025 2024 Professional services (over time) $ 2,791,488 $ 1,509,348 License fees (over time) 348,000…View ↗
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10-K for FY2025, filed Mar 31, 2026
FY2025 revenue by product or service ↗
$3.1M
-
10-K for FY2025, filed Mar 31, 2026
$3.1M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Professional services (over time)
Recurring
10-K for FY2025, filed Mar 31, 2026 |
89%
FY2022: 82%
|
Professional services (over time), FY2025
$2.8M Sources
|
Recurring |
|
License fees (over time)
Licensed
10-K for FY2025, filed Mar 31, 2026 |
11%
FY2022: 4.6%
|
License fees (over time), FY2025
$348K Sources
|
Licensed |
|
License fees (one time)
Licensed
|
0.0% |
License fees (one time), FY2025
$0 Sources
|
Licensed |
Who Are Their Customers?
Serves financial institutions and other businesses through direct service contracts and the Orchestration Layer, with financial institutions also reached through FIS. It also offers identity services for enterprises, NGOs and government, including through established partners.
10-K for FY2025, filed Mar 31, 2026Through licensing we allow customers to utilize our technology in a wide variety of applications. Uses can include (e.g.):View ↗
Historically, the Company generated most of its income through two long-term partnerships, comprising a relationship with an S&P 500 bank…View ↗
Under the terms of the extension, the Company receives a guaranteed minimum income stream for services, together with hosting and other…View ↗
The Orchestration Layer is a low-code platform that is designed to be a one-stop shop for Trust Stamp services and provides easy…View ↗
As of December 31, 2025, 97 financial institutions, representing over $350 billion in aggregate assets, had been onboarded through FIS. As…View ↗
10-K for FY2025, filed Mar 31, 2026
Do Revenues Turn Into Profits?
No. It lost $8.3M in FY2025.
10-K for FY2025, filed Mar 31, 2026
−$7.7MView ↗
10-K for FY2025, filed Mar 31, 2026
−$8.3MView ↗
10-K for FY2025, filed Mar 31, 2026
−$5.7MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 13, 2026
−$2.7MView ↗
- ▲ +57% (Loss)
- vs −$1.7M in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 13, 2026
Open tableView ↗
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Aug 13, 2026
Selected for European Union semiconductor technology program
Plans collaborations on human-device identity and neural-signal analysis, subject to formal approval.
Sources
8-K, filed Aug 13, 2026
a.Trust Stamp Malta Limited, has been selected as a direct participant in the Important Project of Common European Interest on Advanced…View ↗
Modular platform offering
The older report describes end-to-end identity solutions, while the latest says the business added a modular, low-code Orchestration Layer for broader customer use and per-use access.
10-K for FY2022, filed Mar 30, 2023 10-K for FY2025, filed Mar 31, 2026Trust Stamp also offers end-to-end solutions for multi-factor biometric authentication for account access and recovery, KYC/AML compliance…View ↗
Healthcare moves toward sales
The older report described healthcare as a development area; the latest reports a revenue-generating implementation and talks underway for other deployments.
10-K for FY2022, filed Mar 30, 2023 10-K for FY2025, filed Mar 31, 2026In addition to its key sub-markets, the Company is developing products and working with partners and industry organizations in other…View ↗
We have for several years recognized the potential of our technology in healthcare-related use cases, and during 2025 we advanced these…View ↗
Crypto tools expand to wallets
The older report described a crypto key vault, while the latest describes a biometrically secured digital-asset wallet and a stablecoin-focused wallet of wallets that had not yet reached market.
10-K for FY2022, filed Mar 30, 2023 10-K for FY2025, filed Mar 31, 2026In addition to its key sub-markets, the Company is developing products and working with partners and industry organizations in other…View ↗
The Company announced a biometrically secured proprietary non-custodial software wallet in December 2025 which will be able to function as…View ↗
Who Do They Compete With?
Competes with NEXT Biometrics, IDEMIA, Synaptics, Cognitec, Innovatrics, Suprema, FaceTec, Rank One Computing, Acuant, Jumio, Onfido, Ping, and Mitek
10-K for FY2025, filed Mar 31, 2026In general, we compete for customer budgets with any company in the identity authentication industry. Major competitors in this space…View ↗
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