First Internet Bancorp 6.0% Fixed-to-Floating Rate Subordinated Notes Due 2029 financials
$25.150.00%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $85.3M | $87.3M | $89.4M | $59.7M | $86.4M | $87.3M | $93.7M | $87.0M | $82.0M | $76.5M | $73.7M | $70.4M |
| Gross profit | $41.1M | $43.1M | $41.7M | $5.7M | $33.5M | $35.5M | $39.5M | $33.8M | $32.4M | $29.1M | $27.2M | $24.8M |
| Gross margin | 48.2% | 49.4% | 46.6% | 9.5% | 38.8% | 40.7% | 42.1% | 38.8% | 39.5% | 38.0% | 36.9% | 35.2% |
| Operating income | $1.6M | $1.8M | $5.5M | -$54.5M | -$1.9M | $34.0K | $8.3M | $7.6M | $6.0M | $5.6M | $3.6M | $3.1M |
| Net income | $2.4M | $2.5M | $5.3M | -$41.6M | $193.0K | $943.0K | $7.3M | $7.0M | $5.8M | $5.2M | $4.1M | $3.4M |
| Net margin | 2.8% | 2.9% | 5.9% | −69.6% | 0.2% | 1.1% | 7.8% | 8.0% | 7.0% | 6.8% | 5.6% | 4.8% |
| Diluted EPS | $0.27 | $0.29 | $0.61 | $-4.76 | $0.02 | $0.11 | $0.82 | $0.80 | $0.67 | $0.59 | $0.47 | $0.39 |
| EBITDA | $1.6M | $1.8M | $5.5M | -$54.5M | -$1.9M | $34.0K | $8.3M | $7.6M | $6.0M | $5.6M | $3.6M | $3.1M |
| Operating cash flow | $24.3M | $75.5M | $23.7M | $37.1M | -$90.2M | $32.8M | -$6.2M | $331.0K | $16.0M | $2.8M | $12.3M | $4.2M |
| Free cash flow | $24.3M | $75.3M | $23.4M | $37.0M | -$90.8M | $32.6M | -$6.7M | -$270.0K | $15.5M | $1.9M | $11.9M | $2.4M |
| Diluted shares | 8.8M | 8.8M | 8.6M | 8.7M | 8.8M | 8.8M | 8.9M | 8.8M | 8.7M | 8.8M | 8.7M | 8.8M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $8.7M | $10.5M | $6.1M | $10.9M | $9.3M | $6.3M |
| Short-term investments | $1.48B | $1.67B | $1.51B | $1.69B | $1.38B | $1.37B |
| Total debt | $345.1M | $345.0M | $355.0M | $354.9M | $369.8M | $500.2M |
| Total assets | $5.56B | $5.71B | $5.57B | $5.64B | $6.07B | $5.85B |
| Total liabilities | $5.19B | $5.35B | $5.21B | $5.29B | $5.68B | $5.46B |
| Shareholders' equity | $363.5M | $361.0M | $359.8M | $352.2M | $390.2M | $387.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology