Intellicheck, Inc. (IDN) is a globally recognized industry leader in developing and marketing specialized technology solutions to help businesses and governmental organizations in safeguarding their operations. Established in Woodbury, New York, in 1994 by Dr. Nelson Ludlow, Intellicheck has been at the forefront of creating and implementing security solutions, including patented biometric technology, for over 25 years. Traded on the NYSE with the symbol IDN, Intellicheck has continued to raise the bar for innovative, security-based technology options.
Intellicheck's primary service offering is identity authentication and threat identification solutions. The company excels in designing, developing, and marketing technology-based systems essential for authentication, identification, and security purposes. Its expansive roster of products includes the likes of Intellicheck Mobilisa, Defense ID, Age ID, and more.
Defense ID is one of the most popular products of Intellicheck and is used widely by government organizations and law enforcement agencies. Defense ID has an extensive and up-to-date database addressing both traditional and emerging threats. It keeps unauthorized individuals or potential threats from accessing sensitive areas and is an effective tool in maintaining national, institutional, and organizational security.
Age ID is a noteworthy product for businesses like liquor stores, bars, and clubs which need to verify customer's ages. It can validate IDs and spot fake ones, enabling businesses to maintain regulatory compliance and avert fines that can result from selling age-restricted products to under-aged customers.
Under the leadership of CEO Bryan Lewis, Intellicheck seeks to continue expanding its reach and offering advanced identity authentication solutions to businesses and government organizations across the globe. They've managed to carve out a significant space within the security sector, particularly with their consistently reliable results and user-friendly interfaces.
Intellicheck is all about putting quality security procedures in place without causing undue inconvenience to people. Above all, they are firmly committed to making our communities safer and making sure that businesses, government agencies, and everyday people can operate without fear of security breaches or fraud. Intellicheck plays a pivotal role in securing our daily routines and potentially our future.
Income statement
Balance sheet statement
Cash flow statement
Current assets / Current liabilities
Equity / Debt / Cash
Dividends
Intellicheck has secured its first client in wealth management, an unnamed investment management firm, through its indirect sales strategy. A channel partner will integrate Intellicheck's identity verification technology to verify prospective customers during digital account opening. This move helps Intellicheck diversify its revenue streams, as its business was previously heavily reliant on a small number of large customers, and addresses the growing threat of AI-generated fraud in financial services.
Intellicheck, Inc. (NASDAQ:IDN) has seen significant share price movement recently, trading between US$7.38 and US$2.81. The company's current P/E ratio of 18.1x is well below the industry average of 31.63x, suggesting it may be undervalued. However, a forecasted negative revenue growth of -10% next year introduces uncertainty and higher risk for investors.
Wall Street Zen downgraded Intellicheck (NASDAQ:IDN) from "buy" to "hold," causing the stock to drop 25.1% to $2.81, near its 12-month low. Despite the downgrade and similar actions by other analysts, the consensus remains a "Moderate Buy" with an average target price of $6.50. The company reported quarterly EPS of $0.03, matching estimates, on revenue of $5.94 million, and institutional investors hold approximately 42.79% of its shares.
Intellicheck, Inc. reported a 7% sequential revenue growth in Q2 2026, driven by diversification away from the retail sector and a strong focus on banking and lending. The company maintained positive adjusted EBITDA for the fifth consecutive quarter, achieved a 91% gross margin, and remains debt-free. While full-year 2026 revenue is expected to be slightly lower than 2025 due to a major customer's vendor evaluation, Intellicheck anticipates remaining GAAP profitable and sees potential tailwinds from falling interest rates in the title market.
Intellicheck reported strong Q2 2026 results with $5.9 million in revenue, a 16% year-over-year increase, and a 91% gross margin, achieving its fifth consecutive quarter of positive adjusted EBITDA. Despite this performance, a significant customer accounting for 29% of first-half revenue is evaluating a multi-vendor identity verification model following a merger, posing a concentration risk. Management, however, anticipates positive adjusted EBITDA for the second half of 2026 and GAAP profitability for the full year, emphasizing that the observed volume reduction from this customer has been less than initially communicated.