Intellicheck Inc
intellicheck.comWhat Do They Do?
Sells software that validates identity documents and checks that they match the person presenting them, for financial, retail and government customers.
10-K for FY2025, filed Mar 19, 2026
How Do They Make Money?
Customers pay for cloud identity checks through fixed monthly fees, scan-based charges or an annual platform-access fee; equipment is sold when the customer receives it.
10-K for FY2025, filed Mar 19, 2026Our Products and Services generally are sold as Software-as-a-Service (“SaaS”) where customers pay for our cloud-based service.View ↗
Most license fees and services revenue are generated from a combination of fixed-price and per-scan contracts. Under the per-scan revenue…View ↗
The Company also has a revenue model where customers purchase access to the Company's platform that includes a fixed, non-refundable annual…View ↗
Revenue from the sale of equipment is recognized at a point in time. The point in time that the revenue is recognized is when the customer…View ↗
-
10-K for FY2025, filed Mar 19, 2026
FY2025 revenue by product or service ↗
$22.7M
-
10-K for FY2025, filed Mar 19, 2026
$22.7M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
SaaS
Mix
10-K for FY2025, filed Mar 19, 2026 |
99%
FY2022: 99%
|
SaaS, FY2025
$22.4M Sources
|
Mix |
|
Other
|
0.9%
FY2022: 0.2%
|
Other, FY2025
$211K Sources
|
|
|
Equipment
Sold outright
|
0.1%
FY2022: 1.3%
|
Equipment, FY2025
$19K Sources
|
Sold outright |
Who Are Their Customers?
Financial institutions, retailers and online merchants, and government agencies use its identity-checking software. Intellicheck sells through its own sales staff as well as resellers and marketing partners.
10-K for FY2025, filed Mar 19, 2026We are a prominent technology company that delivers on-demand digital identity validation solutions for Know Your Customer ("KYC") fraud…View ↗
■Sales of our products and services by both our own direct sales force and marketing partners;View ↗
Our objective is to become a leading developer and distributor of document and age verification software. To date, our marketing efforts…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 6 cents of every revenue dollar as net income in FY2025 and turned 20 cents into free cash flow.
10-K for FY2025, filed Mar 19, 2026
$1.1MView ↗
10-K for FY2025, filed Mar 19, 2026
$1.3MView ↗
10-K for FY2025, filed Mar 19, 2026
$4.5MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 13, 2026
$663KView ↗
- ▲ Now profitable
- vs −$251K in Q2 FY2025
-
Aug 13, 2026
A major customer began shifting to a multi-vendor setup
The customer, which represented approximately 29% of first-half 2026 revenue, is testing an alternative expected to reduce transaction levels.
Sources
8-K, filed Aug 13, 2026
At the end of the second quarter of 2026, the Company was informed by its customer, which represented approximately 29% of first-half 2026…View ↗
Growing. Revenue grew 38% in 4 years, from $16.4M in FY2021 to $22.7M in FY2025, about 8% a year.
Loading...
