Intest Corp income statement
In fiscal 2025, Intest Corp reported revenue of $114m, down 12.9% on the year before, operating income of −$3.7m (a -3.3% margin) and net income of −$2.5m, or −$0.21 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 46 | 47 | 43 | 39 | 42 | 39 | 40 | 67 | 79 | 61 | 54 | 85 | 117 | 123 | 131 | 114 | 128 |
| Cost of revenue | 24 | 24 | 24 | 20 | 21 | 20 | 20 | 32 | 39 | 31 | 30 | 44 | 63 | 66 | 75 | 65 | 73 |
| Gross profit | 22 | 23 | 19 | 19 | 20 | 19 | 20 | 35 | 39 | 29 | 24 | 41 | 53 | 57 | 55 | 49 | 55 |
| Research and development | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 6 | 8 | 8 | 9 | 9 | 10 |
| General and administrative | 6 | 6 | 6 | 6 | 6 | 6 | 7 | 12 | 13 | 13 | 11 | 16 | 19 | 21 | 24 | 22 | 23 |
| Operating income | 7 | 8 | 3 | 4 | 5 | 3 | 4 | 4 | 5 | 3 | −1 | 8 | 11 | 10 | 3 | −4 | 1 |
| Interest expense | 0 | 0 | — | — | — | — | — | — | — | — | — | 0 | 1 | 1 | 1 | 0 | 0 |
| Income before tax | 7 | 8 | 3 | 4 | 5 | 3 | 4 | 4 | 5 | 3 | −1 | 8 | 10 | 11 | 3 | −3 | 1 |
| Income tax | 0 | −2 | 1 | 1 | 1 | 1 | 2 | 3 | 2 | 0 | −0 | 1 | 2 | 2 | 1 | −1 | −0 |
| 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 |
| Diluted shares (average) | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 10m | 11m | 11m | 12m | 12m | 12m | 12m |
| EBITDA | 8 | 8 | 4 | 5 | 6 | 3 | 5 | 5 | 7 | 6 | 2 | 12 | 15 | 15 | 9 | 3 | 5 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 30 | 37 | 27 | 28 | 26 | 33 | 34 | 35 |
| Cost of revenue | 16 | 22 | 16 | 16 | 15 | 18 | 19 | 21 |
| Gross profit | 14 | 15 | 11 | 12 | 11 | 15 | 15 | 14 |
| Research and development | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 |
| General and administrative | 6 | 6 | 6 | 6 | 5 | 6 | 6 | 6 |
| Operating income | 0 | 2 | −3 | −1 | −1 | 1 | 0 | 0 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income before tax | 1 | 2 | −3 | −1 | −1 | 1 | 0 | 0 |
| Income tax | 0 | 0 | −0 | −0 | −0 | 0 | 0 | −0 |
| Net income | 0 | 2 | −2 | −1 | −1 | 1 | 0 | 0 |
| Diluted EPS | $0.04 | $0.12 | −$0.19 | −$0.04 | −$0.08 | $0.10 | $0.01 | $0.04 |
| EBITDA | 1 | 3 | −1 | −1 | −1 | 3 | 2 | 1 |
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