Tearsheet

Intellicheck (IDN)


Market Price (6/21/2026): $4.05 | Market Cap: $82.0 MilSector: Information Technology | Industry: Application Software

Intellicheck (IDN)


Market Price (6/21/2026): $4.05
Market Cap: $82.0 Mil
Sector: Information Technology
Industry: Application Software

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -12%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 18%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -35%

Megatrend and thematic drivers
Megatrends include Cybersecurity, Fintech & Digital Payments, and AI in Financial Services. Themes include Identity Management, Show more.

Weak multi-year price returns
2Y Excs Rtn is -27%, 3Y Excs Rtn is -15%

Key risks
IDN key risks include [1] significant customer concentration, Show more.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -12%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 18%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 18%
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -35%
3 Megatrend and thematic drivers
Megatrends include Cybersecurity, Fintech & Digital Payments, and AI in Financial Services. Themes include Identity Management, Show more.
4 Weak multi-year price returns
2Y Excs Rtn is -27%, 3Y Excs Rtn is -15%
5 Key risks
IDN key risks include [1] significant customer concentration, Show more.

IDN in ETFs

Weight = IDN's share of each fund

VTI0.00%
DFAS0.00%
DFAC0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 6/9/2026

Intellicheck (IDN) stock has lost about 15% since 2/28/2026 because of the following key factors:

1. Weaker-than-expected revenue in fiscal Q1 2026. Intellicheck reported its financial results for fiscal Q1 2026, which ended March 31, 2026, on May 12, 2026. While the company met earnings per share (EPS) expectations at $0.03, its total revenue of $5.52 million fell short of analyst estimates of $5.73 million by approximately $0.21 million. This revenue miss, despite year-over-year growth, likely contributed to negative investor sentiment and selling pressure on the stock.

2. Deteriorating technical indicators in May 2026. The stock experienced a shift in its technical momentum starting in mid-May 2026. Notably, Intellicheck's 10-day moving average crossed below its 50-day moving average on May 15, 2026, signaling a potential downtrend. This bearish signal was followed by the Momentum Indicator falling below the zero level on June 3, 2026, and the Aroon Indicator entering a downward trend on May 28, 2026, collectively suggesting a sustained decline in the stock's price.

Show more
Updated on 6/9/2026

Intellicheck (IDN) stock has lost about 15% since 2/28/2026 because of the following key factors:

1. Weaker-than-expected revenue in fiscal Q1 2026. Intellicheck reported its financial results for fiscal Q1 2026, which ended March 31, 2026, on May 12, 2026. While the company met earnings per share (EPS) expectations at $0.03, its total revenue of $5.52 million fell short of analyst estimates of $5.73 million by approximately $0.21 million. This revenue miss, despite year-over-year growth, likely contributed to negative investor sentiment and selling pressure on the stock.

2. Deteriorating technical indicators in May 2026. The stock experienced a shift in its technical momentum starting in mid-May 2026. Notably, Intellicheck's 10-day moving average crossed below its 50-day moving average on May 15, 2026, signaling a potential downtrend. This bearish signal was followed by the Momentum Indicator falling below the zero level on June 3, 2026, and the Aroon Indicator entering a downward trend on May 28, 2026, collectively suggesting a sustained decline in the stock's price.

3. Macroeconomic headwinds and inherent industry risks. The broader market environment, particularly concerning fintech funding and consumer spending, presents ongoing macroeconomic challenges that can influence demand for identity verification solutions. Additionally, the identity verification industry is characterized by the constant evolution of financial fraud, requiring continuous innovation to prevent solutions from becoming obsolete. Intellicheck also faces the inherent risk of a significant portion of its revenue relying on a limited number of customers. These systemic and company-specific risks can contribute to investor caution and pressure on the stock price, especially for smaller market capitalization companies.

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Stock Movement Drivers

Fundamental Drivers

The -15.8% change in IDN stock from 2/28/2026 to 6/20/2026 was primarily driven by a -92.1% change in the company's P/E Multiple.
(LTM values as of)22820266202026Change
Stock Price ($)4.864.09-15.8%
Change Contribution By: 
Total Revenues ($ Mil)22236.0%
Net Income Margin (%)1.0%9.6%904.8%
P/E Multiple468.237.2-92.1%
Shares Outstanding (Mil)2020-0.5%
Cumulative Contribution-15.8%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 6/20/2026
ReturnCorrelation
IDN-15.8% 
Market (SPY)9.2%9.6%
Sector (XLK)38.1%1.9%

Fundamental Drivers

The -35.4% change in IDN stock from 11/30/2025 to 6/20/2026 was primarily driven by a -93.9% change in the company's P/E Multiple.
(LTM values as of)113020256202026Change
Stock Price ($)6.334.09-35.4%
Change Contribution By: 
Total Revenues ($ Mil)22236.0%
Net Income Margin (%)1.0%9.6%904.8%
P/E Multiple609.937.2-93.9%
Shares Outstanding (Mil)2020-0.5%
Cumulative Contribution-35.4%

LTM = Last Twelve Months as of date shown

Market Drivers

11/30/2025 to 6/20/2026
ReturnCorrelation
IDN-35.4% 
Market (SPY)9.9%12.5%
Sector (XLK)34.1%10.7%

Fundamental Drivers

The -19.6% change in IDN stock from 5/31/2025 to 6/20/2026 was primarily driven by a -28.8% change in the company's P/S Multiple.
(LTM values as of)53120256202026Change
Stock Price ($)5.094.09-19.6%
Change Contribution By: 
Total Revenues ($ Mil)202315.3%
P/S Multiple5.03.6-28.8%
Shares Outstanding (Mil)2020-2.1%
Cumulative Contribution-19.6%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2025 to 6/20/2026
ReturnCorrelation
IDN-19.6% 
Market (SPY)28.1%7.3%
Sector (XLK)66.8%5.4%

Fundamental Drivers

The 74.0% change in IDN stock from 5/31/2023 to 6/20/2026 was primarily driven by a 38.5% change in the company's Total Revenues ($ Mil).
(LTM values as of)53120236202026Change
Stock Price ($)2.354.0974.0%
Change Contribution By: 
Total Revenues ($ Mil)172338.5%
P/S Multiple2.73.633.3%
Shares Outstanding (Mil)1920-5.7%
Cumulative Contribution74.0%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2023 to 6/20/2026
ReturnCorrelation
IDN74.0% 
Market (SPY)85.7%16.4%
Sector (XLK)137.9%15.3%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
IDN Return-59%-57%-5%47%139%-38%-64%
Peers Return-21%-46%3%14%12%26%-28%
S&P 500 Return27%-19%24%23%16%8%98%

Monthly Win Rates [3]
IDN Win Rate50%33%67%33%50%33% 
Peers Win Rate46%32%42%50%47%50% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
IDN Max Drawdown-69%-74%-44%-52%-32%-55% 
Peers Max Drawdown-42%-61%-47%-38%-37%-25% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: MITK, OSPN, YOU, TLS, OKTA.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/18/2026 (YTD)

How Low Can It Go

EventIDNS&P 500
2025 US Tariff Shock
  % Loss-11.3%-18.8%
  % Gain to Breakeven12.8%23.1%
  Time to Breakeven15 days79 days
2024 Yen Carry Trade Unwind
  % Loss-39.7%-7.8%
  % Gain to Breakeven65.7%8.5%
  Time to Breakeven284 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-31.8%-9.5%
  % Gain to Breakeven46.7%10.5%
  Time to Breakeven129 days24 days
2023 SVB Regional Banking Crisis
  % Loss-17.9%-6.7%
  % Gain to Breakeven21.8%7.1%
  Time to Breakeven10 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-73.9%-24.5%
  % Gain to Breakeven283.2%32.4%
  Time to Breakeven1117 days427 days
2020 COVID-19 Crash
  % Loss-77.3%-33.7%
  % Gain to Breakeven340.3%50.9%
  Time to Breakeven224 days140 days

Compare to MITK, OSPN, YOU, TLS, OKTA

In The Past

Intellicheck's stock fell -11.3% during the 2025 US Tariff Shock. Such a loss loss requires a 12.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventIDNS&P 500
2024 Yen Carry Trade Unwind
  % Loss-39.7%-7.8%
  % Gain to Breakeven65.7%8.5%
  Time to Breakeven284 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-31.8%-9.5%
  % Gain to Breakeven46.7%10.5%
  Time to Breakeven129 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-73.9%-24.5%
  % Gain to Breakeven283.2%32.4%
  Time to Breakeven1117 days427 days
2020 COVID-19 Crash
  % Loss-77.3%-33.7%
  % Gain to Breakeven340.3%50.9%
  Time to Breakeven224 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-21.0%-19.2%
  % Gain to Breakeven26.5%23.8%
  Time to Breakeven44 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-38.8%-12.2%
  % Gain to Breakeven63.4%13.9%
  Time to Breakeven161 days62 days
2014-2016 Oil Price Collapse
  % Loss-83.1%-6.8%
  % Gain to Breakeven492.7%7.3%
  Time to Breakeven1341 days15 days
2013 Taper Tantrum
  % Loss-47.2%-0.2%
  % Gain to Breakeven89.2%0.2%
  Time to Breakeven22 days1 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-30.2%-17.9%
  % Gain to Breakeven43.3%21.8%
  Time to Breakeven140 days123 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-34.8%-15.4%
  % Gain to Breakeven53.3%18.2%
  Time to Breakeven3 days125 days
2008-2009 Global Financial Crisis
  % Loss-81.9%-53.4%
  % Gain to Breakeven453.0%114.4%
  Time to Breakeven303 days1085 days

Compare to MITK, OSPN, YOU, TLS, OKTA

In The Past

Intellicheck's stock fell -11.3% during the 2025 US Tariff Shock. Such a loss loss requires a 12.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Intellicheck (IDN)

Intellicheck (IDN) is a technology company focused on providing identity authentication and threat identification solutions, primarily within the United States. The company's core business involves developing and marketing systems designed to prevent fraud and enhance security. These solutions work by verifying the validity of identification documents, confirming the identity of the person presenting the ID, and assessing a risk score to inform decision-making, particularly in contexts like bank and retail transactions, law enforcement, and access control.

The company's main offerings center around its Intellicheck Platform. Key products include IDN-Portal, which allows ID scanning via mobile phones, and IDN-Portal+, which integrates with retail scanners to validate IDs and collect additional data for analytics. Intellicheck also provides IDN-Direct for accessing supplementary data and leveraging the platform's risk scoring capabilities, as well as a dedicated mobile app for ID scanning. Furthermore, the company offers a State Aware Software solution that intelligently manages the display or restriction of scanned ID information based on relevant state laws, and ensures compatibility with a variety of data collection devices, from mobile phones to point-of-sale terminals.

Intellicheck serves a broad range of customers across commercial, government, and military markets. Its fraud prevention and security solutions are critical for commercial sectors such as banking and retail. Additionally, government agencies and military organizations utilize Intellicheck's identity authentication technologies for threat identification, secure access control, and other security-related applications.

AI Analysis | Feedback

1. Onfido or Veriff for authenticating physical IDs.

2. A FICO score, but for the real-time validity and risk of a physical ID.

AI Analysis | Feedback

  • Intellicheck Platform: A core identity solution that validates IDs, matches the ID to the presenter, and generates a risk score.
  • IDN-Portal: A mobile phone-based solution for scanning and validating IDs.
  • IDN-Portal+: Utilizes retail scanners to validate IDs and gather additional data for analytics.
  • IDN-Direct: Provides access to additional data and the platform's Risk Score capability for enhanced decision-making.
  • Intellicheck Mobile App: An application that allows users to log in and scan IDs for verification.
  • State Aware Software Solution: Software that dynamically restricts or provides information scanned from an ID based on relevant state electronic reading laws.
  • Instant Credit Application Kiosk Software Applications: Software designed for kiosks to process instant credit applications.

AI Analysis | Feedback

Intellicheck (IDN) primarily sells its identity authentication and threat identification solutions to other companies and organizations, rather than individuals. Based on the provided background information, specific customer company names are not detailed. However, its major customers can be identified by the categories of markets and organizations it serves:

  • Commercial Market: This includes financial institutions (banks) and retail companies, for whom Intellicheck provides solutions for fraud prevention and identity authentication.
  • Government Agencies: Such as law enforcement, for whom Intellicheck offers threat identification and mobile/handheld access control and security systems.
  • Military Organizations: For whom Intellicheck develops and integrates mobile and handheld access control and security systems.

AI Analysis | Feedback

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AI Analysis | Feedback

Bryan Lewis

President & CEO

Bryan Lewis has over 30 years of global leadership experience in the financial services and financial technology sectors. He is known for his ability to scale both high-growth and underperforming companies to create shareholder value. Prior to joining Intellicheck, Mr. Lewis served as Chief Operating Officer at Third Bridge, Inc., where he significantly grew the company's employee base and revenue. He also held senior leadership positions at BondDesk (which was sold to TradeWeb), TheMarkets.com (which was sold to Capital IQ), Reuters, Barra (which was sold to MSCI), and Bloomberg. He began his career as a bond trader.

Adam Sragovicz

Chief Financial Officer

Adam Sragovicz joined Intellicheck as a senior financial executive on August 1, 2024, and assumed the role of Chief Financial Officer on September 1, 2024, following the departure of Jeffrey Ishmael. Mr. Sragovicz is an experienced executive leader with extensive expertise in operational and financial performance, and he has a strong background in financial planning and analysis, holding numerous financial leadership positions.

Jonathan Robins

Chief Technology Officer

Jonathan Robins was promoted to Chief Technology Officer at Intellicheck.

David Jurgens

Head of Channel and Technology Alliances

David Jurgens was appointed as the Head of Channel and Technology Alliances at Intellicheck.

Sandra Bowers

Comptroller/Controller/Auditor

Sandra Bowers serves as the Comptroller/Controller/Auditor for Intellicheck.

AI Analysis | Feedback

Key Risks to Intellicheck (IDN)

  1. Regulatory and Legal Environment Changes: Intellicheck's business is highly susceptible to changes in state and federal laws regarding electronic reading of identification documents and data privacy. Their "State Aware Software solution" highlights their reliance on adapting to these laws. Stricter data privacy regulations, limitations on ID scanning practices, or shifts in legal interpretations could significantly impact their ability to operate or require substantial investments to maintain compliance, potentially affecting their market adoption and revenue streams.

  2. Technological Obsolescence and Intense Competition: The identity authentication and fraud prevention market is dynamic and highly competitive. Intellicheck's core technology, which primarily involves scanning physical IDs for validation and risk scoring, could face challenges from emerging technologies such as advanced biometrics, decentralized identity solutions, or more sophisticated AI-driven verification methods that do not rely on physical document scanning. Failure to innovate and adapt quickly to new technological advancements or to differentiate effectively from competitors could lead to a loss of market share.

  3. Dependence on the Integrity and Evolution of Underlying Identity Documents: Intellicheck's solutions rely on the security features and consistency of government-issued identification documents. Any widespread compromise in the integrity of these underlying documents (e.g., highly sophisticated counterfeit IDs that bypass current detection methods) or frequent changes to ID formats and security features by various state or federal issuing authorities would necessitate continuous updates and adaptations to Intellicheck's software, incurring costs and potentially impacting the reliability and effectiveness of their fraud prevention capabilities.

AI Analysis | Feedback

The widespread adoption of secure, interoperable digital identification solutions, such as mobile driver's licenses, that can be directly verified by systems without requiring the scanning of a physical identification document or reliance on a third-party service for physical ID attribute parsing and validation.

AI Analysis | Feedback

Intellicheck, Inc. (IDN) operates within several significant addressable markets, primarily in the United States, focusing on identity verification, fraud prevention, and access control solutions.

Identity Verification Market

The U.S. identity verification market, which includes solutions for authenticating identities, is a substantial addressable market for Intellicheck. This market was projected to reach USD 4.4 billion in 2025 and is expected to grow to USD 16.7 billion by 2034, at a compound annual growth rate (CAGR) of 15.9% (U.S. region). Another estimate valued the U.S. identity verification market at USD 4.34 billion in 2025, anticipating it to reach USD 8.16 billion by 2030, with a CAGR of 13.5%.

Fraud Prevention Market

Intellicheck's products for bank and retail fraud prevention tap into the broader U.S. fraud detection and prevention market. This market was valued at approximately USD 9.3 billion in 2024 and is projected to grow to approximately USD 24.3 billion by 2030, exhibiting a robust CAGR of 17.9% (U.S. region). Similarly, the U.S. fraud detection and prevention market size was estimated at USD 5.6 billion in 2024 and is expected to reach USD 13 billion by 2033, with a CAGR of 9.8%.

Access Control and Security Systems Market

The company's involvement in mobile and handheld access control and security systems aligns with the U.S. electronic access control system market. This market was valued at USD 3.1 billion in 2024 and is forecast to increase to USD 6.6 billion by 2032, demonstrating a CAGR of 10.1% (U.S. region). Specifically, the U.S. access control market, including mobile credentials, is estimated at USD 3.94 billion in 2026 and is projected to grow to USD 4.81 billion by 2031.

AI Analysis | Feedback

Intellicheck (NASDAQ: IDN) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:

  1. Expansion into New Verticals and Customer Diversification: Intellicheck is strategically diversifying its client base beyond its traditional retail focus. The company is actively pursuing and securing new business in high-growth areas such as financial services (including regional banks and credit card issuers), title insurance, automotive dealerships, background checks, and logistics/shipping markets. This diversification aims to reduce seasonality and capitalize on new opportunities.
  2. Increased Adoption and Upselling within Existing Key Accounts: A significant driver of revenue growth is the expansion of services and increased transaction volumes from existing major clients. Intellicheck has reported success with a regional bank that began using its services across various departments and a leading bank and credit card issuer that expanded its transaction buckets. The company also focuses on securing multi-year contracts with existing clients.
  3. New Product Launches and Technology Enhancements: Continuous innovation and product development are central to Intellicheck's growth strategy. Recent developments include new OCR, desktop, and mobile SDK solutions, as well as the launch of a Windows desktop application for ID verification. The company has also completed a cloud-agnostic rearchitecture and API rewrite, which is expected to improve service outcomes, accelerate client integrations, and optimize cloud expenses.
  4. Strategic Partnerships and Channel Alliances: Intellicheck is expanding its reach through new channel partner programs and reseller strategies. These partnerships are crucial for accelerating growth and penetrating new markets more effectively.
  5. Robust Demand for Identity Verification and Fraud Prevention Solutions: The persistent and growing threat of identity fraud, including account takeover fraud and synthetic identity theft, creates a strong market demand for Intellicheck's solutions. The company's technology is designed to effectively combat these evolving fraud tactics, positioning it to benefit from the increasing need for real-time identity verification.

AI Analysis | Feedback

Capital Allocation Decisions (2021-2025) for Intellicheck (IDN)

Share Issuance

  • Intellicheck reported net proceeds from the issuance of common stock from the exercise of stock options of $47,000 for the year ended December 31, 2021.
  • The number of common shares issued and outstanding increased from 18,660,369 as of December 31, 2021, to 18,957,366 as of December 31, 2022.
  • Common shares issued and outstanding further increased to 19,354,335 as of December 31, 2023, and to 19,782,311 as of December 31, 2024.

Capital Expenditures

  • Capital expenditures for the year ended December 31, 2021, amounted to $662,000.
  • For the year ended December 31, 2022, capital expenditures were $192,000.
  • In the third quarter of 2025, Intellicheck invested $22,000 in capital expenditures.

Better Bets vs. Intellicheck (IDN)

Latest Trefis Analyses

Title
0ARTICLES

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

IDNMITKOSPNYOUTLSOKTAMedian
NameIntellic.Mitek Sy.OneSpan Clear Se.Telos Okta  
Mkt Price4.0917.2513.5051.454.52117.8115.38
Mkt Cap0.10.80.55.10.320.70.6
Rev LTM231902469421822,996218
Op Inc LTM22848211-1417038
FCF LTM445484372489646
FCF 3Y Avg-03629320-774333
CFO LTM448584643392053
CFO 3Y Avg03840341576539

Growth & Margins

IDNMITKOSPNYOUTLSOKTAMedian
NameIntellic.Mitek Sy.OneSpan Clear Se.Telos Okta  
Rev Chg LTM15.3%6.9%1.7%17.4%66.5%11.7%13.5%
Rev Chg 3Y Avg11.6%3.7%3.2%25.6%4.6%15.2%8.1%
Rev Chg Q12.9%5.6%4.1%19.7%55.9%11.2%12.0%
QoQ Delta Rev Chg LTM2.8%1.6%1.1%4.6%10.4%2.6%2.7%
Op Inc Chg LTM296.2%49.3%-7.2%54.2%71.1%639.1%62.6%
Op Inc Chg 3Y Avg129.7%96.5%172.6%111.1%19.7%264.9%120.4%
Op Mgn LTM8.5%14.8%19.4%22.4%-8.0%5.7%11.6%
Op Mgn 3Y Avg-1.3%7.0%15.1%16.1%-26.4%-2.8%2.9%
QoQ Delta Op Mgn LTM3.7%0.9%-1.2%1.7%7.2%0.4%1.3%
CFO/Rev LTM18.2%25.4%23.7%49.3%18.0%30.7%24.5%
CFO/Rev 3Y Avg1.4%21.1%16.3%41.8%0.4%28.3%18.7%
FCF/Rev LTM17.6%23.5%19.4%46.4%13.1%29.9%21.4%
FCF/Rev 3Y Avg-3.4%20.0%12.1%39.2%-8.7%27.5%16.0%

Valuation

IDNMITKOSPNYOUTLSOKTAMedian
NameIntellic.Mitek Sy.OneSpan Clear Se.Telos Okta  
Mkt Cap0.10.80.55.10.320.70.6
P/S3.64.12.15.41.86.93.8
P/Op Inc41.927.710.724.3-23.0122.126.0
P/EBIT41.923.910.724.3-12.877.124.1
P/E37.246.97.341.8-12.984.039.5
P/CFO19.516.28.711.010.222.613.6
Total Yield2.7%2.1%13.8%4.2%-7.8%1.2%2.4%
Dividend Yield0.0%0.0%0.0%1.8%0.0%0.0%0.0%
FCF Yield 3Y Avg-2.1%7.4%6.2%10.8%-5.2%4.6%5.4%
D/E0.00.10.00.00.00.00.0
Net D/E-0.1-0.0-0.1-0.1-0.1-0.1-0.1

Returns

IDNMITKOSPNYOUTLSOKTAMedian
NameIntellic.Mitek Sy.OneSpan Clear Se.Telos Okta  
1M Rtn-3.5%12.3%5.3%-15.6%-3.8%31.7%0.9%
3M Rtn-26.2%22.5%31.1%7.2%4.4%50.2%14.9%
6M Rtn-40.6%64.8%8.1%40.6%-16.5%30.6%19.3%
12M Rtn-24.0%82.4%-8.0%108.2%79.4%18.5%48.9%
3Y Rtn59.1%62.3%-6.8%143.1%98.2%67.5%64.9%
1M Excs Rtn-5.5%19.9%6.1%-16.2%0.7%35.5%3.4%
3M Excs Rtn-28.3%7.1%17.1%-7.8%-7.7%32.3%-0.3%
6M Excs Rtn-51.3%60.5%-2.5%22.2%-26.9%19.7%8.6%
12M Excs Rtn-47.2%51.2%-36.0%88.0%47.1%-6.0%20.6%
3Y Excs Rtn-15.0%-2.2%-86.7%56.5%8.4%-16.8%-8.6%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Software-as-a-Service (SaaS)2220191613
Equipment00003
Other00000
Total2320191616


Price Behavior

Price Behavior
Market Price$4.09 
Market Cap ($ Bil)0.1 
First Trading Date11/19/1999 
Distance from 52W High-54.5% 
   50 Days200 Days
DMA Price$6.07$5.72
DMA Trenddowndown
Distance from DMA-32.6%-28.5%
 3M1YR
Volatility108.4%80.3%
Downside Capture83.7998.94
Upside Capture-56.6439.30
Correlation (SPY)6.8%7.1%
IDN Betas & Captures as of 5/31/2026

 1M2M3M6M1Y3Y
Beta0.150.650.480.730.420.93
Up Beta-1.54-0.051.451.231.511.19
Down Beta7.684.600.870.14-1.011.11
Up Capture-450%-115%-28%10%29%47%
Bmk +ve Days13283667141432
Stock +ve Days9223158115350
Down Capture438%349%3%123%84%86%
Bmk -ve Days7132757109318
Stock -ve Days11193266132370

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with IDN
IDN-25.9%80.0%-0.02-
Sector ETF (XLK)59.9%23.1%1.965.9%
Equity (SPY)26.5%12.4%1.617.5%
Gold (GLD)24.2%27.5%0.777.1%
Commodities (DBC)19.8%18.8%0.831.2%
Real Estate (VNQ)11.0%13.7%0.521.7%
Bitcoin (BTCUSD)-40.0%42.5%-1.0819.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with IDN
IDN-12.6%81.4%0.18-
Sector ETF (XLK)22.9%25.3%0.8021.0%
Equity (SPY)13.5%17.1%0.6220.9%
Gold (GLD)17.1%18.3%0.762.8%
Commodities (DBC)7.5%19.4%0.295.7%
Real Estate (VNQ)1.9%18.9%0.0010.2%
Bitcoin (BTCUSD)11.0%54.2%0.4013.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with IDN
IDN7.2%82.1%0.45-
Sector ETF (XLK)25.4%24.7%0.9322.4%
Equity (SPY)15.3%18.0%0.7324.1%
Gold (GLD)12.3%16.1%0.632.9%
Commodities (DBC)5.9%18.0%0.267.7%
Real Estate (VNQ)5.3%20.7%0.2218.7%
Bitcoin (BTCUSD)60.0%66.8%1.0010.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date5292026
Short Interest: Shares Quantity0.7 Mil
Short Interest: % Change Since 5152026-6.3%
Average Daily Volume0.5 Mil
Days-to-Cover Short Interest1.3 days
Basic Shares Quantity20.2 Mil
Short % of Basic Shares3.2%

Earnings Returns History

Updated 6/3/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
3/19/202615.4%10.6%78.3%
11/12/202537.9%59.2%40.8%
8/12/2025-1.6%2.8%8.9%
5/13/20255.3%32.0%75.0%
11/13/2024-11.1%-10.4%9.6%
8/8/2024-28.4%-17.3%-28.4%
5/13/20241.7%-6.4%34.2%
3/21/202474.9%98.9%75.4%
...
SUMMARY STATS   
# Positive10913
# Negative11128
Median Positive5.5%10.6%18.6%
Median Negative-11.1%-10.7%-16.3%
Max Positive74.9%98.9%78.3%
Max Negative-28.4%-31.7%-35.6%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
3/19/202615.4%10.6%78.3%
11/12/202537.9%59.2%40.8%
8/12/2025-1.6%2.8%8.9%
5/13/20255.3%32.0%75.0%
11/13/2024-11.1%-10.4%9.6%
8/8/2024-28.4%-17.3%-28.4%
5/13/20241.7%-6.4%34.2%
3/21/202474.9%98.9%75.4%
11/8/2023-14.5%-14.5%-11.5%
8/10/2023-3.0%-5.7%-6.0%
3/21/202312.2%19.5%9.8%
11/14/2022-13.9%-11.0%-18.4%
8/12/2022-6.2%-3.5%10.9%
6/15/20220.0%6.4%45.3%
3/10/2022-6.6%-2.3%1.2%
11/10/2021-19.3%-31.7%-35.6%
8/3/20213.3%0.9%2.0%
5/4/2021-15.2%-22.5%-20.5%
3/17/2021-7.0%-16.2%-14.3%
11/4/20205.6%6.5%18.6%
8/12/20201.3%-6.0%-12.9%
SUMMARY STATS   
# Positive10913
# Negative11128
Median Positive5.5%10.6%18.6%
Median Negative-11.1%-10.7%-16.3%
Max Positive74.9%98.9%78.3%
Max Negative-28.4%-31.7%-35.6%

SEC Filings

Expand for More
Report DateFiling DateFiling
03/31/202605/12/202610-Q
12/31/202503/19/202610-K
09/30/202511/12/202510-Q
06/30/202508/12/202510-Q
03/31/202505/13/202510-Q
12/31/202403/31/202510-K
09/30/202411/14/202410-Q
06/30/202408/14/202410-Q
03/31/202405/14/202410-Q
12/31/202304/01/202410-K
09/30/202311/14/202310-Q
06/30/202308/14/202310-Q
03/31/202305/11/202310-Q
12/31/202203/28/202310-K
09/30/202211/14/202210-Q
06/30/202208/15/202210-Q
Collapse to Preview
Report DateFiling DateFiling
03/31/202605/12/202610-Q
12/31/202503/19/202610-K
09/30/202511/12/202510-Q
06/30/202508/12/202510-Q
03/31/202505/13/202510-Q
12/31/202403/31/202510-K
09/30/202411/14/202410-Q
06/30/202408/14/202410-Q
03/31/202405/14/202410-Q
12/31/202304/01/202410-K
09/30/202311/14/202310-Q
06/30/202308/14/202310-Q
03/31/202305/11/202310-Q
12/31/202203/28/202310-K
09/30/202211/14/202210-Q
06/30/202208/15/202210-Q
03/31/202206/17/202210-Q
12/31/202103/24/202210-K
09/30/202111/12/202110-Q
06/30/202108/12/202110-Q
03/31/202105/12/202110-Q
12/31/202003/29/202110-K
09/30/202011/12/202010-Q
06/30/202008/13/202010-Q
03/31/202005/06/202010-Q
12/31/201903/19/202010-K
09/30/201911/13/201910-Q
06/30/201908/09/201910-Q

Insider Activity

Updated 6/16/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Robins, JonathanChief Technology OfficerDirectSell61620264.225,550  Form
2Lewis, BryanCEO/PresidentThe Lewis Family Revocable Living TrustSell42820268.0510,00080,536322,144Form
3Lewis, BryanCEO/PresidentThe Lewis Family Revocable Living TrustSell42120268.5110,00085,145425,725Form
4Lewis, BryanCEO/PresidentThe Lewis Family Revocable Living TrustSell41420267.9510,00079,503477,018Form
5Lewis, BryanCEO/PresidentThe Lewis Family Revocable Living TrustSell40720267.5310,00075,254526,778Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Robins, JonathanChief Technology OfficerDirectSell61620264.225,550  Form
2Lewis, BryanCEO/PresidentThe Lewis Family Revocable Living TrustSell42820268.0510,00080,536322,144Form
3Lewis, BryanCEO/PresidentThe Lewis Family Revocable Living TrustSell42120268.5110,00085,145425,725Form
4Lewis, BryanCEO/PresidentThe Lewis Family Revocable Living TrustSell41420267.9510,00079,503477,018Form
5Lewis, BryanCEO/PresidentThe Lewis Family Revocable Living TrustSell40720267.5310,00075,254526,778Form
6Smith, Guy LDirectBuy112520256.181,0006,1802,428,419Form
Core Cache Last Updated: 6/20/2026