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Intest Corp (INTT) stock

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NYSE: INTT NYSE Electronic Equipment & Instruments Next results ~November 6, 2026

B Fundamentals grade

Intest Corp is a US-listed company in the electronic equipment & instruments industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$8.8

Cash-flow model

Base case. Range ~$7.0–$11 across our lower- and higher-growth cases (-2.2%–7.8% a year).

Price vs value

Overvalued

The price is above our entire value range; our base value is 37% below it.

Price used: $13.96, November 2, 2026

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 1 selling1 purchase and 3 sales by directors and officers, last 12 monthsInsider trades
  • Funds68 adding, 37 cuttingOf 26 active managers that changed their stake, 15 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Intest files

10-Q filed August 10: Intest

Model value +49.0%

inTEST Corp lifted revenue to $128m in the twelve months to June 2026, a rise of 5.4% on the prior year and a reversal from the 5.0% decline recorded a quarter earlier. Free-cash-flow margin, however, slipped to 2.7%, down sharply from 8.5% a year before. Our model value has moved up from $5.94 to $8.85 a share, yet this remains well below the current share price of $14.29. The rating therefore stays at Sell. At that price, the market appears to be pricing in cash-flow growth of around 13.7% a year over the next five years, a pace well ahead of the 8.6% a year revenue growth the company has actually delivered.

Source: 10-Q filed August 10, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where Intest stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $121m, down 5.0% on a year earlier, a smaller fall than the 12.9% decline a quarter earlier. Free-cash-flow margin fell to -3.0% from 4.8% a year earlier. It passes 4 of our 7 financial-health checks. Our cash-flow model value is $5.94 a share, against a share price of $15.91.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 6, 2026 (estimated)

Intest Corp's trailing-twelve-month revenue grew 5.4% year on year, with a free-cash-flow margin of 2.7%. Where it stands out: long-term debt as % of assets of 0.6% ranks 3 of 31 electronic equipment & instruments companies we cover.

Our discounted-cash-flow model values the business at ~$8.8 per share in the base case (~$7.0–$11 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 93% in the quarter to 2026-06-30, the 3rd beat in the last four quarters.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

  • Growth speeding up. The growth rate is 10.5 points higher than a quarter earlier.
  • Net cash. Cash exceeds long-term debt by $0.0bn.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 10.0% over 90 days.

Things to watch

  • Priced above our value. The share price of $13.96 is 37% above our value per share of $9.
  • High earnings multiple. The shares trade at 179 times the last 12 months' earnings, so expectations are demanding.
  • Volatile shares. Over the past year the shares showed annualised volatility of 74% and a beta of 2.6 against the S&P 500.

Latest results: FY2026 Q2

Filed August 10, 2026
Earnings per share
$0.09 against an average estimate of $0.05: beat by 92.8%
Revenue
$35m, up 25.5% on a year earlier
Share reaction
+17.6% in the first session after the results on October 5, 2026, against +1.2% for the S&P 500
Next report
November 6, 2026; average EPS estimate $0.12

Intest's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-2.3%
  • 1 week-2.0%
  • 1 month+13.5%
  • This year+86.9%
  • 1 year+64.6%
  • 5 years+14.1%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$128M
Operating margin
0.5%
Net margin
0.8%
EPS (TTM, diluted)
$0.08

Growth

Revenue growth
+5.4%
Change in growth rate
+10.5 pts
Share count change
+1.2%

Cash

Free cash flow (TTM)
$3.5M
FCF margin
2.7%
Stock pay % of revenue
1.5%

Earnings

Last results
October 5, 2026
Next results (est.)
December 21, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Agreement
  3. Results
  4. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

What the price is pricing in

The share price implies about 13.5% a year of cash-flow growth for five years.That is close to the 8.6% a year revenue growth Intest has delivered.

  • Priced in13.5%
  • Last 12 months5.4%
  • 3 years a year0.2%
  • 5 years a year8.6%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($14.17, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Sell12-month view
12-month price target
~$8.8
Price used
$14.17close November 3, 2026
Implied change
▼ 38%
Uncertainty
Low

How we got here: a discounted-cash-flow model of Intest Corp's free cash flow after stock-based pay with after-tax interest added back ($5.2M, FY2026 Q2 TTM), growing 8.6% and 3.8% in the next two years (forecasts, guidance and its record), then back to 2.8% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$7.0–~$11 ; that spread sets a 15% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of Intest Corp's free cash flow after stock-based pay ( $5.2M, FY2026 Q2 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value Intest Corp as an operating company, with every model that fits that kind of business. Cost of equity 10.9%: the 10-year Treasury yield (4.9%) plus a beta of 1.32 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$8.8 ~$7.0–$11 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$13 ~$9.9–$19 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$4.2 ~$2.8–$6.4 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$3.1 ~$2.7–$3.5 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$7.5 ~$3.1–$13 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Intest Corp with Electronic Equipment & Instruments in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −21%
  • Revenue growth 5 points higher ▲ +27%
  • Free-cash-flow margin 1 point lower ▼ −28%
  • Last year's free-cash-flow margin change, if it persists ▼ −62%
  • Discount rate 1 point higher ▼ −12%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $7$9$12$16$20$27
8.5% $6$7$9$12$15$20
10% $5$6$8$10$12$16

Valuation multiples over time Market data may be delayed

Intest Corp: market value and multiples by fiscal year
At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$4.23$4.60$8.65$6.13$5.95$6.49$12.72$10.30$13.60$8.59$7.47$13.96
Market value$44m$48m$89m$64m$62m$67m$136m$112m$160m$105m$91m$172m
+ Net debt (− = net cash)−$26m−$29m−$13m−$18m−$8m−$10m−$1m$3m−$33m−$5m−$7m−$16m
Enterprise value$19m$19m$76m$46m$54m$56m$135m$115m$127m$100m$84m$157m
Multiples
Price / sales 1.1x1.2x1.3x0.8x1.0x1.2x1.6x1.0x1.3x0.8x0.8x1.3x
Price / earnings 23.9x17.9x91.7x21.0x26.6x—18.7x13.2x17.1x36.4x—179.3x
Price / free cash flow 15.3x12.0x13.8x7.3x—25.7x13.9x—10.7x42.1x16.0x49.5x
EV / EBITDA 5.6x4.0x14.1x6.5x9.4x28.8x11.7x7.4x8.4x11.4x27.5x32.8x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

34 /100

Weak moat

How hard Intest's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 2 / 20

    Net income has been a median 2.9% of total assets over 10 years.

  • Pricing power 15 / 20

    Gross margin has been a median 46.6%, moving by 3.2 percentage points (standard deviation) across 10 years.

  • Durability 0 / 20

    Operating margin has been a median 4.2%; its worst year was -1.0%.

  • Cash conversion 12 / 20

    Free cash flow was positive in 9 of 10 years, at a median 5.7% of revenue.

  • Discipline 11 / 20

    The diluted share count rose 18.1% over five years; stock-based pay has been a median 1.5% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (39 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 6, 2026, before the open. Analysts expect revenue of $35m and EPS of $0.12 (range $0.11 to $0.14) for the quarter.

Analysts' consensus

Intest Corp: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $0.47 +678% $139m +22%
Next $0.70 +49% $149m +7%

Next year's EPS estimate has moved +10.0% in 90 days, across 3 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is 0.0% on 90 days ago. In the last 30 days, 2 analysts raised Intest Corp's forecast and 0 cut it.

Consensus EPS forecast Intest Corp, last 90 days
$0.40 $0.50 $0.60 $0.70 $0.80 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.47 Current fiscal year, 60 days ago: $0.43 Current fiscal year, 30 days ago: $0.44 Current fiscal year, 7 days ago: $0.44 Current fiscal year, Now: $0.47 $0.47 Next fiscal year, 90 days ago: $0.63 Next fiscal year, 60 days ago: $0.73 Next fiscal year, 30 days ago: $0.66 Next fiscal year, 7 days ago: $0.66 Next fiscal year, Now: $0.70 $0.70

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.47$0.63
60 days ago $0.43$0.73
30 days ago $0.44$0.66
7 days ago $0.44$0.66
Now $0.47$0.70

Earnings against estimates

Intest Corp: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Jun 2026 $0.05 $0.09 +92.8%
Mar 2026 $0.09 $0.16 +84.6%
Dec 2025 $0.11 $0.16 +45.5%
Sept 2025 $0.04 −$0.02 −146.2%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 5, 2026

No numeric guidance in Intest Corp's latest earnings release (filed October 5, 2026). Some companies give their outlook only on the earnings call.

How our valuation uses these forecasts

Our cash-flow model grows Intest Corp's revenue by +8.6% next year and +3.8% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+12.5%, weight 60%) and the company's own record (+2.8%, weight 40%) . How the weights are set.

Analyst recommendations

3 analysts, Oct 2026
Buy3100%
Hold00%
Sell00%

Monthly trend

  1. Oct 202633
  2. Sep 202633
  3. Aug 202633
  4. Jul 2026213

Counts of recommendations published by analysts covering Intest Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
3.7%
of tradable shares
Days to cover
3.2
at average volume
Short interest, 1 month
−11%
to October 15, 2026
Held by institutions
67%
of shares
Held by insiders
8.9%
of shares
Employees
385
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +64.6%

$8.48 on October 31, 2025 to $13.96

Intest Corp: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $122m $128m +5.4%
P/S multiple 0.9x 1.3x +57.9%
Share count 12m 12m −1.1%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

Last 3 years +8.2%

$12.90 on November 3, 2023 to $13.96

Intest Corp: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $128m $128m +0.5%
Net margin 8.9% 0.8% −91.6%
P/E multiple 12.6x 179.3x +1319.1%
Share count 11m 12m −9.8%

Biggest factor: p/e multiple.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Intest Corp: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
INTT+96%−19%+32%−37%−13%+87%
Industry peers (median)−3%−38%+13%+2%−5%−21%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
INTT58%42%58%42%42%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
INTT−42%−53%−56%−54%−40%−45%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 79% from June 27, 2023 to May 5, 2025. Getting back needed a 372% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$7.18 – $18.90
From 52-week high
−26.1%
vs 50-day average
+11.7%
vs 200-day average
+0.5%
Volatility (1 year)
74%
Beta vs S&P 500
2.60

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±10.1%
After a week
5 up, 7 down
typical move ±12.5%
After a month
4 up, 7 down
typical move ±15.5%
Intest Corp: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
October 5, 2026 +17.6% +1.2% +17.5% —
August 10, 2026 −4.9% −0.3% −0.1% −17.3%
July 31, 2026 +7.4% +2.2% +13.8% −12.6%
May 5, 2026 −6.1% +2.2% −10.1% −7.2%
February 27, 2026 +22.1% −0.4% +32.5% +30.4%
November 5, 2025 −10.8% −0.7% −3.6% −9.0%
August 6, 2025 +3.8% +0.7% +3.5% +4.9%
May 2, 2025 −8.4% +0.9% −1.9% +2.3%
March 7, 2025 −8.6% −2.1% −4.6% −28.6%
November 1, 2024 +0.1% +0.2% +16.2% +10.9%
August 2, 2024 −26.2% −4.7% −33.4% −32.5%
May 6, 2024 −4.9% +1.1% −13.1% −15.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How Intest Corp’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: rated Sell.

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

Intest Corp in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Intest Corp
$110M $115M $120M $125M $130M $135M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $127.8M Revenue (TTM), FY23 Q4: $123.3M Revenue (TTM), FY24 Q1: $121.2M Revenue (TTM), FY24 Q2: $122.6M Revenue (TTM), FY24 Q3: $122M Revenue (TTM), FY24 Q4: $130.7M Revenue (TTM), FY25 Q1: $127.5M Revenue (TTM), FY25 Q2: $121.6M Revenue (TTM), FY25 Q3: $117.6M Revenue (TTM), FY25 Q4: $113.8M Revenue (TTM), FY26 Q1: $121.1M Revenue (TTM), FY26 Q2: $128.3M $128.3M

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $127.8M
FY23 Q4 $123.3M
FY24 Q1 $121.2M
FY24 Q2 $122.6M
FY24 Q3 $122M
FY24 Q4 $130.7M
FY25 Q1 $127.5M
FY25 Q2 $121.6M
FY25 Q3 $117.6M
FY25 Q4 $113.8M
FY26 Q1 $121.1M
FY26 Q2 $128.3M
Revenue growth, TTM YoY Intest Corp
-20% -10% 0% 10% 20% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 19.7% Revenue growth, TTM YoY, FY23 Q4: 5.5% Revenue growth, TTM YoY, FY24 Q1: -2.8% Revenue growth, TTM YoY, FY24 Q2: -3.9% Revenue growth, TTM YoY, FY24 Q3: -4.6% Revenue growth, TTM YoY, FY24 Q4: 6.0% Revenue growth, TTM YoY, FY25 Q1: 5.2% Revenue growth, TTM YoY, FY25 Q2: -0.8% Revenue growth, TTM YoY, FY25 Q3: -3.6% Revenue growth, TTM YoY, FY25 Q4: -12.9% Revenue growth, TTM YoY, FY26 Q1: -5.0% Revenue growth, TTM YoY, FY26 Q2: 5.4% 5.4%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 19.7%
FY23 Q4 5.5%
FY24 Q1 -2.8%
FY24 Q2 -3.9%
FY24 Q3 -4.6%
FY24 Q4 6.0%
FY25 Q1 5.2%
FY25 Q2 -0.8%
FY25 Q3 -3.6%
FY25 Q4 -12.9%
FY26 Q1 -5.0%
FY26 Q2 5.4%
Operating margin (TTM) Intest Corp
-5% 0% 5% 10% 15% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 10.5% Operating margin (TTM), FY23 Q4: 8.5% Operating margin (TTM), FY24 Q1: 6.1% Operating margin (TTM), FY24 Q2: 3.6% Operating margin (TTM), FY24 Q3: 2.0% Operating margin (TTM), FY24 Q4: 2.6% Operating margin (TTM), FY25 Q1: 0.0% Operating margin (TTM), FY25 Q2: -1.0% Operating margin (TTM), FY25 Q3: -2.5% Operating margin (TTM), FY25 Q4: -3.3% Operating margin (TTM), FY26 Q1: -0.5% Operating margin (TTM), FY26 Q2: 0.5% 0.5%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 10.5%
FY23 Q4 8.5%
FY24 Q1 6.1%
FY24 Q2 3.6%
FY24 Q3 2.0%
FY24 Q4 2.6%
FY25 Q1 0.0%
FY25 Q2 -1.0%
FY25 Q3 -2.5%
FY25 Q4 -3.3%
FY26 Q1 -0.5%
FY26 Q2 0.5%
FCF margin (TTM) Intest Corp
-5% 0% 5% 10% 15% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 9.8% FCF margin (TTM), FY23 Q4: 12.1% FCF margin (TTM), FY24 Q1: 12.0% FCF margin (TTM), FY24 Q2: 5.4% FCF margin (TTM), FY24 Q3: 3.6% FCF margin (TTM), FY24 Q4: 1.9% FCF margin (TTM), FY25 Q1: 4.8% FCF margin (TTM), FY25 Q2: 8.5% FCF margin (TTM), FY25 Q3: 8.2% FCF margin (TTM), FY25 Q4: 5.0% FCF margin (TTM), FY26 Q1: -3.0% FCF margin (TTM), FY26 Q2: 2.7% 2.7%

Source: SEC EDGAR filings. Retrieved November 1, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 9.8%
FY23 Q4 12.1%
FY24 Q1 12.0%
FY24 Q2 5.4%
FY24 Q3 3.6%
FY24 Q4 1.9%
FY25 Q1 4.8%
FY25 Q2 8.5%
FY25 Q3 8.2%
FY25 Q4 5.0%
FY26 Q1 -3.0%
FY26 Q2 2.7%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Intest Corp: annual financial statements
Fiscal year 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 46 47 43 39 42 39 40 67 79 61 54 85 117 123 131 114 128
Gross profit 22 23 19 19 20 19 20 35 39 29 24 41 53 57 55 49 55
EBITDA 8 8 4 5 6 3 5 5 7 6 2 12 15 15 9 3 5
Operating income 7 8 3 4 5 3 4 4 5 3 −1 8 11 10 3 −4 1
Net income 7 10 2 3 3 2 3 1 3 2 −1 7 8 9 3 −3 1
Diluted EPS $0.72 $0.96 $0.21 $0.30 $0.33 $0.18 $0.26 $0.09 $0.29 $0.22 −$0.09 $0.68 $0.78 $0.79 $0.24 −$0.21 $0.08
Growth (year on year)
Revenue — +2.3% −8.2% −9.1% +6.0% −7.0% +3.4% +66.1% +17.6% −22.8% −11.3% +57.7% +37.6% +5.5% +6.0% −12.9% +5.4%
EBITDA — +2.9% −50.7% +22.4% +20.5% −42.8% +43.1% +13.6% +30.8% −18.6% −65.9% +492.9% +33.2% −2.2% −41.9% −65.0% +78.4%
Operating income — +3.1% −60.5% +32.2% +24.1% −47.9% +61.8% −12.9% +43.5% −50.8% −147.7% — +26.7% −2.6% −67.5% −209.8% —
Net income — +36.0% −78.1% +42.7% +11.8% −45.9% +42.8% −63.3% — −23.5% −138.5% — +16.2% +10.4% −69.1% −187.4% —
Diluted EPS — +33.3% −78.1% +42.9% +10.0% −45.5% +44.4% −65.4% — −24.1% −140.9% — +14.7% +1.3% −69.6% −187.5% —
Margins
Gross margin 47.9% 48.4% 43.9% 48.2% 49.0% 48.1% 50.7% 51.9% 50.2% 48.2% 44.8% 48.6% 45.7% 46.2% 42.4% 43.0% 42.8%
EBITDA margin 16.8% 16.9% 9.1% 12.2% 13.9% 8.5% 11.8% 8.1% 9.0% 9.5% 3.6% 13.7% 13.2% 12.3% 6.7% 2.7% 3.7%
Operating margin 15.9% 16.0% 6.9% 10.0% 11.8% 6.6% 10.3% 5.4% 6.6% 4.2% −2.3% 10.0% 9.2% 8.5% 2.6% −3.3% 0.5%
Net margin 15.7% 20.9% 5.0% 7.8% 8.2% 4.8% 6.6% 1.5% 3.9% 3.8% −1.7% 8.6% 7.2% 7.6% 2.2% −2.2% 0.8%
Free-cash-flow margin 12.5% 14.9% 14.3% 8.5% 10.3% 7.5% 9.8% 9.7% 11.1% −14.9% 4.8% 11.6% −2.4% 12.1% 1.9% 5.0% 2.7%
Cash flow
Cash from operations 6 8 7 4 5 3 4 7 11 −8 3 11 −1 16 4 7 5
Capital spending 1 1 0 0 1 1 0 1 2 1 1 1 1 1 1 2 2
Free cash flow 6 7 6 3 4 3 4 6 9 −9 3 10 −3 15 2 6 3
Stock-based pay — — 0 0 — 0 0 0 1 1 1 1 2 2 2 2 2
Free cash flow after stock pay — — 6 3 — 3 4 6 8 −10 2 8 −5 13 1 4 2
Balance sheet
Cash 7 14 16 19 23 26 29 13 18 8 10 21 13 45 20 14 22
Total debt 0 0 0 0 0 0 0 0 0 0 0 20 16 12 15 7 6
Net debt (negative = net cash) −7 −14 −16 −19 −23 −26 −29 −13 −18 −8 −10 −1 3 −33 −5 −7 −16
Diluted shares 10m 10m 10m 10m 10m 10m 10m 10m 10m 10m 10m 11m 11m 12m 12m 12m 12m
Returned to shareholders
Dividends — — 1 — — — — — — — — — — — — — —
Buybacks — — — — — 0 1 0 — 1 0 0 — 0 1 0 —
Total returned — — 1 — — 0 1 0 — 1 0 0 — 0 1 0 —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

6 of 7 checks passed · June 30, 2026
What it owns · $149m
Short-term assets $80mLonger-term assets $69m
What it owes, and who funded it · $149m
Short-term liabilities $32mLonger-term liabilities $9mShareholders' equity $108m
  • Short-term assets cover short-term liabilities $80m of assets due within a year against $32m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $80m short-term assets against $9m of longer-dated liabilities.
  • More cash than debt $22m of cash against $6m of debt.
  • Debt below 40% of shareholders' equity Debt is 6% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 29% to 6% over five years.
  • A year's operating cash flow covers at least 20% of debt $5m of operating cash flow against $6m of debt.
  • Operating profit covers interest at least five times over Operating income of $650,000 against $322,000 of interest.

From Intest Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Buybacks, last 3 fiscal years
$1M
Diluted share count
+1.2%
year over year
R&D spending
7.7%
of revenue
Days sales outstanding
76 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in electronic equipment & instruments
Growth, margins and cash generation against peers
Last 12 months unless stated INTT YIBO BOXL EVLV GEOS NSSC Median
Revenue, last 12 months $128m $155m $104m $171m $92m $203m $104m
Revenue growth, last 12 months 5.4% 3.6% −8.1% 41.7% −20.5% 8.7% 9.8%
Revenue growth, 3-year average 0.2% — −19.5% 31.0% −8.8% 5.7% 7.2%
Revenue growth, latest quarter 25.5% — −16.0% 34.4% −36.4% 1.7% 16.5%
Gross margin 42.8% 29.4% 33.2% 49.9% 8.0% 59.7% 38.5%
Operating margin 0.5% −7.3% −12.9% −20.8% −44.7% 22.7% −7.3%
Operating margin, 3-year average 1.0% — −17.5% −59.4% −12.6% 25.6% −5.1%
Net margin 0.8% −5.3% −21.0% −3.0% −43.1% 21.6% −5.3%
Cash from operations / revenue 4.3% −1.6% −4.8% 16.2% −34.2% 25.7% −1.6%
Free-cash-flow margin 2.7% −2.1% −4.8% −2.5% −40.2% 24.7% −2.5%
Free-cash-flow margin, 3-year average 5.5% — — −28.2% −21.0% 25.1% 3.7%
Stock pay / revenue 1.5% 5.6% 0.0% 13.5% 1.4% 0.5% 3.0%
Change in share count 1.2% 7.7% 15.1% 12.3% 0.7% −0.8% 1.9%

Median of all 53 companies we cover in electronic equipment & instruments. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

53 electronic equipment & instruments companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth 5.4% 9.8% 35 of 53
Change in growth rate Growth +10.5pp +2.3pp 11 of 53
Gross margin Profitability 42.8% 39.7% 19 of 48
Operating margin Profitability 0.5% -7.3% 22 of 53
Net margin Profitability 0.8% -5.3% 22 of 53
Free-cash-flow margin Cash generation 2.7% -2.1% 22 of 52
Stock pay as % of revenue Cash generation 1.5% 3.0% 13 of 49
Long-term debt as % of assets Balance sheet 0.6% 15.2% 3 of 31
Change in share count Balance sheet 1.2% 1.9% 20 of 46
Days sales outstanding Balance sheet 76 days 68 days 32 of 52

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Electronic Test $56.2M 49.4% ▼ 12.0%
Environmental Technologies $29.3M 25.7% ▲ 1.4%
Process Technologies $28.3M 24.9% ▼ 25.3%
Products and services
Line of business Revenue Share YoY
Thermal Process $21.5M 18.9% ▼ 36.5%
Thermal Testing Products $20.4M 17.9% ▲ 14.5%
Alfamation $19.9M 17.5% ▼ 14.8%
Semiconductor Production Test Products $18.8M 16.5% ▼ 22.0%
Service and Other Products $17.1M 15.0% ▲ 17.0%
Video Imaging $8.1M 7.1% ▲ 5.8%
Flying Probe and Incircuit Testers $8M 7.1% ▼ 13.9%
Geography
Region Revenue Share YoY
Outside the US $64.7M 56.8% ▼ 20.1%
United States $49.1M 43.2% ▼ 1.3%

From Intest Corp's 10-K filed March 12, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Reported value
$157M
Institutions reporting
90
Shares held vs prior quarter
▲ 16.2%
Positions opened / closed
34 / 18

Top buyers and sellers, Q2 2026: 68 institutions bought and 37 sold ; the biggest buyer was First Eagle Investment Management, LLC (+801K shares) and the biggest seller Ameriprise Financial Inc (−511K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Royce & Associates LP $24.5M 1.3M 15.6% ▼ 5.7%
First Eagle Investment Management, LLC $22.3M 1.2M 14.2% ▲ 188.9%
Blackrock, Inc. $17M 936K 10.8% ▲ 241.7%
Vanguard Capital Management LLC $9.3M 510K 5.9% ▼ 15.8%
Renaissance Technologies LLC $9.1M 502K 5.8% ▲ 11.6%
Dimensional Fund Advisors LP $8M 440K 5.1% ▼ 5.6%
Acadian Asset Management LLC $5.5M 301K 3.5% ▲ 330.7%
Two Sigma Investments, LP $5.2M 286K 3.3% ▲ 662.8%
Geode Capital Management, LLC $5.1M 283K 3.3% ▲ 120.3%
Pacific Ridge Capital Partners, LLC $4.5M 248K 2.9% ▼ 50.6%
Bard Associates Inc $3.8M 211K 2.4% ▼ 0.5%
Vanguard Portfolio Management LLC $3.5M 194K 2.2% ▲ 107.2%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Intest Corp's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Grant Richard N. Jr. President & CEO March 18, 2026 Sell pre-set plan 1,636 $14.28 $23,362
Grant Richard N. Jr. President & CEO March 11, 2026 Sell pre-set plan 1,397 $14.16 $19,782
Grant Richard N. Jr. President & CEO March 9, 2026 Sell pre-set plan 1,097 $13.33 $14,623
Maginnis Gerald J. Director November 19, 2025 Buy 6,000 $7.44 $44,640

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around December 21, 2026 estimated from the company's past filing pattern, not announced

  • October 5, 2026
  • August 10, 2026
  • July 31, 2026
  • May 5, 2026
  • February 27, 2026
  • November 5, 2025

Recent SEC filings

Data status

When each part of this page on Intest Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Intest Corp in brief

What does Intest Corp do?
Intest Corp is a US-listed company in the electronic equipment & instruments industry. Its financial year ends in December.
What is Intest Corp's stock ticker?
Intest Corp trades under the ticker INTT on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Intest Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Intest Corp reported revenue of $128M, 5.4% higher than a year earlier, according to its SEC filings.
What is Intest Corp's free cash flow?
Intest Corp's free-cash-flow margin is 2.7% of revenue over the trailing twelve months, ranking 22 of the 52 electronic equipment & instruments companies we cover.
What is Intest Corp's fair value (intrinsic value) per share?
Our discounted-cash-flow model of Intest Corp's free cash flow after stock-based pay gives ~$8.8 per share in the base case, and ~$7.0–$11 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are Intest Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Royce & Associates LP, First Eagle Investment Management, LLC and Blackrock, Inc. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Intest Corp's market cap?
On November 2, 2026, Intest Corp's market capitalisation was about $172M, with a price-to-earnings ratio of 179.3 and net debt of -$15.9M. Market figures come from third-party market data and may be delayed.
How much debt does Intest Corp have?
Intest Corp's debt-to-equity ratio is 5.8%, from its latest balance sheet (29.2% five years earlier). The financial health section below sets out its other solvency checks.
Who are Intest Corp's competitors?
In our Electronic Equipment & Instruments peer group, the companies closest to Intest Corp are Planet Image International Ltd, Boxlight Corp, Evolv Technologies Holdings, Inc., Geospace Technologies Corp and Napco Security Technologies, Inc. The side-by-side comparison below sets their revenue, margins and growth against Intest Corp's.
Are insiders buying or selling Intest Corp stock?
Over the last 12 months, Intest Corp's directors and officers reported 1 open-market purchases and 3 sales on Form 4. The insider trading page charts every trade.
When is Intest Corp's next earnings date?
Around November 6, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Intest Corp announces its own schedule.