Intellicheck Inc. (NASDAQ:IDN) shares rose 15% in after-hours trading to $5.52 on Thursday after the identity verification company reported record fourth-quarter revenue and its first annual net profit for the year ended December 31, 2025.
Q4 Revenue Hits Record High
Total fourth-quarter revenue for Intellicheck rose 12% year over year to $6.63 million, up from $5.93 million in the same period of 2024.
SaaS revenue, which represents the recurring income from cloud-based applications through monthly or annual subscriptions, accounted for nearly all of fourth-quarter revenue and rose 12% to $6.62 million.
According to the company’s press release, gross margin remained at 91.4%, while operating expenses declined 7% to $4.57 million.
First-Ever Annual Profit Posted
For full-year 2025, Intellicheck reported net income of $1.27 million, or $0.06 per diluted …