InTest Corporation (INTT) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.05	$0.09	+80.0%	—	$35.3M	—
Q1 26	$0.09	$0.16	+77.8%	—	$33.9M	—
Q4 25	$0.11	$0.16	+45.5%	—	$32.8M	—
Q3 25	$0.04	-$0.02	-150.0%	—	$26.2M	—
Q2 25	-$0.03	$0.03	+200.0%	—	$28.1M	—
Q1 25	-$0.1	-$0.11	-10.0%	—	$26.6M	—
Q4 24	$0.14	$0.23	+64.3%	—	$36.6M	—
Q3 24	$0.07	$0.1	+42.9%	—	$30.3M	—
Q2 24	$0.14	$0.08	-42.9%	—	$34M	—
Q1 24	$0.09	$0.1	+11.1%	—	$29.8M	—
Q4 23	$0.14	$0.16	+14.3%	—	$26.2M	—
Q3 23	$0.26	$0.28	+7.7%	—	$30.9M	—
Q2 23	$0.27	$0.28	+3.7%	—	$32.6M	—
Q1 23	$0.25	$0.29	+16.0%	—	$31.9M	—
Q4 22	$0.32	$0.34	+6.3%	—	$32.4M	—
Q3 22	$0.28	$0.28	0.0%	—	$30.8M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$0.21	—	—	$113.8M	—
FY24	—	$0.24	—	—	$130.7M	—
FY23	—	$0.82	—	—	$123.3M	—
FY22	—	$0.79	—	—	$116.8M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$40.2M	$66.8M	$78.6M	$60.7M	$53.8M	$84.9M	$116.8M	$123.3M	$130.7M	$113.8M
YoY change	+3.44%	+66.1%	+17.6%	-22.8%	-11.3%	+57.7%	+37.6%	+5.54%	+5.99%	-12.9%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	40.2M	66.8M	78.6M	60.7M	53.8M	84.9M	116.8M	123.3M	130.7M	113.8M
Cost of revenue	19.8M	32.1M	39.2M	31.4M	29.7M	43.7M	63.4M	66.3M	75.3M	64.9M
Gross profit	20.4M	34.7M	39.4M	29.2M	24.1M	41.2M	53.4M	57M	55.4M	48.9M
Gross margin	50.7%	51.9%	50.2%	48.2%	44.8%	48.6%	45.7%	46.2%	42.4%	43%
Research & development	3.7M	4.3M	4.9M	5M	5.1M	5.5M	7.5M	7.6M	8.5M	9.4M
Selling, general & administrative	12.6M	19.8M	22.4M	21.5M	19M	26.9M	35.2M	38.9M	43.5M	39M
Operating expenses	16.2M	31.1M	27.3M	26.4M	24M	32.5M	42.7M	46.5M	52M	48.4M
Operating income	4.1M	10.6M	12.1M	2.8M	68K	8.7M	10.7M	10.4M	3.4M	-2.9M
Operating margin	10.3%	15.8%	15.4%	4.6%	0.13%	10.3%	9.18%	8.47%	2.6%	-2.53%
Non-operating income, net	61K	-6.7M	-7M	-185K	-1.3M	-254K	59K	1.3M	906K	103K
Pretax income	4.2M	3.8M	5M	2.6M	-1.2M	8.4M	10.1M	11M	3.5M	-3.2M
Income tax	1.5M	2.9M	2M	282K	-336K	1.1M	1.7M	1.7M	563K	-695K
Net income	2.7M	975K	3M	2.3M	-895K	7.3M	8.5M	9.3M	2.9M	-2.5M
Net margin	6.61%	1.46%	3.87%	3.83%	-1.66%	8.58%	7.24%	7.58%	2.21%	-2.22%
EBITDA	4.7M	19.3M	20.9M	6.2M	4.5M	11.9M	15.5M	16.4M	9.7M	4.9M
EPS	0.26	0.09	0.29	0.22	-0.09	0.7	0.79	0.82	0.24	-0.21
Diluted EPS	0.26	0.09	0.29	0.22	-0.09	0.68	0.78	0.79	0.24	-0.21

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	30.9M	26.2M	29.8M	34M	30.3M	36.6M	26.6M	28.1M	26.2M	32.8M	33.9M	35.3M
Cost of revenue	16.5M	14.6M	16.7M	20.2M	16.3M	22.1M	15.6M	16.2M	15.2M	17.9M	18.5M	21M
Gross profit	14.4M	11.6M	13.1M	13.8M	14M	14.5M	11.1M	12M	11M	14.9M	15.4M	14.3M
Gross margin	46.7%	44.2%	43.8%	40.6%	46.3%	39.7%	41.5%	42.6%	41.9%	45.4%	45.5%	40.5%
Research & development	1.8M	1.9M	2M	2.2M	2.2M	2.2M	2.4M	2.2M	2.3M	2.4M	2.6M	2.5M
Selling, general & administrative	10.2M	9.3M	10.6M	11.2M	11.3M	10.3M	10.4M	9.6M	8.9M	10.2M	10.3M	10.7M
Operating expenses	12M	11.3M	12.6M	13.5M	13.5M	12.5M	12.8M	11.8M	11.2M	12.6M	12.9M	13.2M
Operating income	2.5M	294K	492K	336K	487K	2.1M	-2.6M	-711K	-1.1M	1.5M	1.7M	393K
Operating margin	7.98%	1.12%	1.65%	0.99%	1.61%	5.68%	-9.64%	-2.53%	-4.11%	4.51%	5.01%	1.11%
Non-operating income, net	423K	610K	435K	213K	301K	-43K	-69K	247K	-55K	-20K	-641K	-81K
Pretax income	2.7M	751K	787K	296K	569K	1.8M	-2.8M	-583K	-1.2M	1.4M	977K	249K
Income tax	446K	-15K	125K	66K	74K	298K	-460K	-80K	-289K	134K	188K	-225K
Net income	2.3M	766K	662K	230K	495K	1.5M	-2.3M	-503K	-938K	1.2M	789K	474K
Net margin	7.36%	2.93%	2.22%	0.68%	1.64%	4.11%	-8.74%	-1.79%	-3.58%	3.79%	2.33%	1.34%
EBITDA	4.1M	2.1M	2.2M	2.1M	2.5M	3M	-583K	1.3M	687K	3.5M	3.4M	2M
EPS	0.25	—	0.06	0.02	0.04	0.12	-0.19	-0.04	-0.08	0.1	0.06	0.04
Diluted EPS	0.24	—	0.05	0.02	0.04	0.12	-0.19	-0.04	-0.08	0.1	0.06	0.04

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	47.4M	89M	63.4M	61.7M	66.6M	133.1M	109.9M	155.9M	104.4M	91.2M	150.2M
Enterprise value	18.8M	75.7M	45.6M	59.2M	63.6M	138.6M	119M	128.1M	110.6M	93.9M	140.1M
Shares outstanding	10.3M	10.3M	10.3M	10.4M	10.3M	10.5M	10.7M	11.5M	12.2M	12.2M	12.2M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	17.8	91.2	20.9	26.6	—	18.3	13	16.7	36.1	—	168.6
P/S	1.18	1.33	0.81	1.02	1.24	1.57	0.94	1.26	0.8	0.8	1.18
P/B	1.26	2.26	1.48	1.38	1.49	2.43	1.69	1.62	1.05	0.88	1.4
EV/EBITDA	3.97	3.91	2.19	9.52	14	11.6	7.67	7.8	11.4	19.3	22.4
EV/Sales	0.47	1.13	0.58	0.98	1.18	1.63	1.02	1.04	0.85	0.83	1.09
Earnings yield	5.6%	1.1%	4.79%	3.76%	—	5.47%	7.7%	5.99%	2.77%	—	0.59%
FCF yield	8.32%	7.3%	13.8%	-14.6%	3.89%	7.4%	-2.51%	9.57%	2.39%	6.23%	5.03%
PEG	—	—	—	—	—	—	—	—	—	—	-0.84

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	50.7%	51.9%	50.2%	48.2%	44.8%	48.6%	45.7%	46.2%	42.4%	43%	40.5%
Operating margin	10.3%	15.8%	15.4%	4.6%	0.13%	10.3%	9.18%	8.47%	2.6%	-2.53%	1.11%
Net margin	6.61%	1.46%	3.87%	3.83%	-1.66%	8.58%	7.24%	7.58%	2.21%	-2.22%	0.75%
ROE	7.03%	2.48%	7.08%	5.18%	-2%	13.3%	13%	9.7%	2.9%	-2.44%	0.92%
ROA	6.2%	1.56%	4.52%	3.89%	-1.44%	7.01%	7.69%	6.93%	1.9%	-1.67%	0.73%
ROIC	28.5%	10.3%	29.1%	5.88%	0.16%	12.6%	12.1%	12.9%	2.68%	-2.7%	2.49%
Return on tangible assets	7.05%	32.6%	30.7%	47.1%	-9.22%	41.1%	28.5%	16.1%	7.6%	-6.86%	4%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	7.52	2.15	1.66	2.98	3.04	2.08	2.23	3.53	2.47	2.2	2.49
Quick ratio	6.79	1.81	1.36	2.12	2.2	1.56	1.4	2.7	1.63	1.32	1.62
Debt / equity	—	—	0	0.11	0.16	0.49	0.35	0.18	0.26	0.16	0.14
Debt / assets	—	—	0	0.09	0.12	0.26	0.2	0.13	0.17	0.11	0.1
Net debt / EBITDA	—	—	-0.86	-0.4	-0.67	0.46	0.58	-1.69	0.64	0.56	-0.77
Interest coverage	—	—	—	—	—	95.4	17	17.3	5.08	-6.16	5.27
Effective tax rate	36.8%	74.6%	39.8%	10.8%	0%	13.3%	16.6%	15.4%	16.3%	0%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	3.9	6.49	7.59	5.85	5.25	8.11	10.9	10.8	10.8	9.33	10.5
EPS (basic)	0.26	0.09	0.29	0.22	-0.09	0.7	0.79	0.82	0.24	-0.21	-0.21
EPS (diluted)	0.26	0.09	0.29	0.22	-0.09	0.68	0.78	0.79	0.24	-0.21	0.07
Book value per share	3.66	3.82	4.14	4.32	4.36	5.24	6.09	8.4	8.21	8.49	8.45
FCF per share	0.38	0.63	0.85	-0.87	0.25	0.94	-0.26	1.3	0.21	0.47	0.28
Cash per share	2.77	1.29	1.73	0.73	1	2.03	1.26	3.95	1.63	1.16	1.74
Capex per share	0.03	0.07	0.21	0.06	0.06	0.1	0.13	0.11	0.11	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0.84%	1.06%	2.82%	1.02%	1.2%	1.17%	1.17%	1.05%	1.01%	—	—
Capex / operating cash flow	10.9%	11.7%	20.7%	-8%	29.1%	11.2%	-75.9%	7.87%	40.9%	—	—
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%

Yield

—

trailing twelve months

Frequency

—

Last dividend

$0.08

ex-dividend Dec 6, 2012

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Dec 6, 2012	$0.08

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$30.9M	$26.2M	$29.8M	$34M	$30.3M	$36.6M	$26.6M	$28.1M	$26.2M	$32.8M	$33.9M	$35.3M
YoY change	+0.55%	-19.3%	-6.56%	+4.4%	-2.16%	+39.9%	-10.7%	-17.2%	-13.3%	-10.3%	+27.2%	+25.5%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	28.6M	13.3M	17.9M	7.6M	10.3M	21.2M	13.4M	45.3M	19.8M	14.2M
Receivables	5.4M	12.2M	10.6M	9.3M	8.4M	16.5M	21.2M	18.2M	29.5M	25.9M
Inventory	3.7M	5M	6.5M	7.2M	7.5M	12.9M	22.6M	20.1M	26.8M	31.6M
Total current assets	38M	31M	35.6M	24.9M	27M	52.1M	60.1M	85.8M	78.8M	78.6M
Property, plant & equipment	944K	1.5M	2.7M	7.3M	8.7M	8.6M	8.9M	8.2M	15.2M	13.9M
Goodwill & intangibles	5.2M	59.5M	57.3M	54.8M	52.3M	86.2M	80.3M	76.6M	114.2M	114.5M
Total assets	42.8M	62.5M	67.2M	59.7M	62M	103.9M	110.1M	134.8M	152.3M	151.3M
Accounts payable	1.4M	2M	1.8M	2M	2.4M	4.3M	7.4M	5.5M	8M	11.2M
Short-term debt	—	—	—	1.3M	1.2M	5.5M	5.7M	6M	9.5M	8.2M
Total current liabilities	5.1M	14.4M	21.4M	8.4M	8.9M	25.1M	26.9M	24.3M	31.9M	35.8M
Long-term debt	—	—	0	3.8M	6M	21.2M	16.7M	11.4M	16.6M	8.8M
Total liabilities	5.1M	23.2M	24.3M	14.9M	17.3M	49.1M	45.1M	38.5M	52.5M	47.7M
Shareholders' equity	37.8M	39.3M	42.9M	44.8M	44.8M	54.8M	65M	96.3M	99.8M	103.6M
Total debt	—	—	0	5.1M	7.3M	26.7M	22.5M	17.5M	26M	17M
Net debt	—	—	-17.9M	-2.5M	-3M	5.5M	9.1M	-27.8M	6.2M	2.8M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	41.7M	45.3M	27.3M	20.4M	18M	19.8M	22M	19.2M	16.2M	14.2M	12.9M	22.1M
Receivables	20.7M	18.2M	22.9M	30.1M	28.4M	29.5M	21.2M	23.3M	20.9M	25.9M	30.2M	26.9M
Inventory	22.2M	20.1M	31.3M	28.6M	31.7M	26.8M	27.6M	27.6M	28M	31.6M	30.5M	27.9M
Total current assets	86.2M	85.8M	85.4M	81.4M	81.2M	78.8M	74.9M	74.8M	75.1M	78.6M	79.6M	79.9M
Property, plant & equipment	7.9M	8.2M	11M	16.1M	15.9M	15.2M	14.7M	14.7M	14.4M	13.9M	13.6M	13.1M
Goodwill & intangibles	77.1M	76.6M	124.2M	123.9M	120.7M	114.2M	114.7M	118.2M	116M	114.5M	112M	109.9M
Total assets	134.6M	134.8M	159.5M	160.6M	158.4M	152.3M	148M	149.7M	148.3M	151.3M	150.8M	149.1M
Accounts payable	7.3M	5.5M	11.4M	8.3M	9.2M	8M	8.2M	7M	7.4M	11.2M	8.9M	8M
Short-term debt	5.8M	6M	11.6M	13.8M	10.2M	9.5M	8.9M	8.5M	8.6M	8.2M	9.5M	7.5M
Total current liabilities	26.1M	24.3M	39.7M	36.3M	35.9M	31.9M	31.3M	31M	32.4M	35.8M	35.8M	32.1M
Long-term debt	12.5M	11.4M	15.5M	19.2M	17.5M	16.6M	13.5M	12M	10.2M	8.8M	8M	7.3M
Total liabilities	40M	38.5M	60.2M	61.1M	58M	52.5M	48.6M	47.1M	46.4M	47.7M	46.3M	41.4M
Shareholders' equity	94.6M	96.3M	99.3M	99.5M	100.4M	99.8M	99.4M	102.6M	101.9M	103.6M	104.5M	107.7M
Total debt	18.3M	17.5M	27.1M	33M	27.7M	26M	22.5M	20.5M	18.8M	17M	17.5M	14.8M
Net debt	-23.4M	-27.8M	-233K	12.6M	9.7M	6.2M	432K	1.3M	2.6M	2.8M	4.7M	-7.3M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	2.7M	975K	3M	2.3M	-895K	7.3M	8.5M	9.3M	2.9M	-2.5M
Depreciation & amortization	599K	1.8M	1.9M	3.2M	3.2M	3.1M	4.7M	4.7M	5.4M	6.8M
Stock-based compensation	269K	344K	653K	884K	671K	1.4M	1.8M	2M	1.9M	1.6M
Change in working capital	-676K	-2.5M	-350K	-1.7M	-462K	-2.6M	-15.2M	1.6M	-5.5M	1.8M
Operating cash flow	3.1M	6.1M	10.7M	-7.8M	2.2M	8.9M	-1.8M	16.4M	3.2M	7.3M
Capital expenditure	-339K	-709K	-2.2M	-620K	-648K	-994K	-1.4M	-1.3M	-1.3M	—
Investing cash flow	-339K	-22.7M	-6.3M	-620K	-648K	-21.4M	-1.2M	-1.3M	-20.1M	0
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	-978K	-62K	0	-1.1M	-74K	0	-10K	—	-1M	0
Financing cash flow	-978K	-62K	0	-1.1M	-2.9M	20.1M	-4M	14.5M	-9.1M	-8.4M
Net change in cash	1.8M	-16.7M	4.3M	-9.5M	-1.3M	7.6M	-7M	29.6M	-25.9M	-1.1M
Free cash flow	3.9M	6.5M	8.7M	-9M	2.6M	9.8M	-2.8M	14.9M	2.5M	5.7M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	2.3M	766K	662K	230K	495K	1.5M	-2.3M	-503K	-938K	1.2M	789K	-132K
Depreciation & amortization	1.2M	1.2M	1.3M	1.5M	1.7M	923K	1.7M	1.6M	1.7M	1.8M	1.6M	1.6M
Stock-based compensation	544K	424K	349K	564K	537K	407K	423K	435K	354K	398K	291K	843K
Change in working capital	2.7M	3M	-1.4M	-6.3M	1.2M	792K	7.2M	-1.8M	2.2M	-5.7M	-6M	1.4M
Operating cash flow	5.9M	5.5M	1.2M	-3.8M	3.6M	2M	7M	-688K	3.5M	-1M	-3.3M	6.3M
Capital expenditure	-274K	-308K	-340K	-316K	-505K	-163K	-229K	—	—	—	—	—
Investing cash flow	-274K	-308K	-19.2M	-139K	-505K	-163K	-229K	0	0	0	—	—
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	74K	—	-30K	-11K	-1M	0	—	—	17K	0	—	—
Financing cash flow	-951K	-1M	-938K	-1.1M	-8.2M	1.2M	-3.5M	-2.2M	-5.1M	2.4M	1.1M	-2.3M
Net change in cash	4.7M	4.2M	-19M	-5.1M	-5M	3.1M	3.4M	-2.9M	-1.6M	1.4M	-2.2M	4.1M
Free cash flow	5.9M	4.4M	1.7M	-5.4M	3.7M	2.4M	5.3M	-1.1M	3.1M	-1.6M	-4M	5.9M

InTest Corporation Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement