Slides
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Second Quarter 2026 Financial Results Conference Call August 10 , 2026 InTest Corporation
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2 NYSE American: INTT | Forward-Looking Statements and Key Performance Metrics Key Performance Metrics In addition to the non-GAAP measures described on the next slide, management uses orders and backlog as key performance metrics to analyze and measure the Company’s financial performance and results of operations. Management uses orders and backlog as measures of current and future business and financial performance, and these may not be comparable with measures provided by other companies. Orders represent written communications received from customers requesting the Company to provide products and/or services. Backlog is calculated based on firm purchase orders we receive for which revenue has not yet been recognized. Management believes tracking orders and backlog are useful as they are often leading indicators of future performance. In accordance with industry practice, contracts may include provisions for cancellation, termination, or suspension at the discretion of the customer. Given that each of orders and backlog are operational measures and that the Company’s methodology for calculating orders and backlog does not meet the definition of a non-GAAP measure, as that term is defined by the U.S. Securities and Exchange Commission, a quantitative reconciliation for each is not required or provided. Forward-Looking Statements This presentation includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These statements do not convey historical information but relate to predicted or potential future events and financial results, such as statements of the Company’s plans, strategies and intentions, or our future performance or goals, that are based upon management’s current expectations. These forward-looking statements can often be identified by the use of forward-looking terminology such as “believe,” “continue,” “guidance,” “may,” “outlook,” “potential,” “forecasts,” “strategy,” or similar terminology. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, any mentioned in this presentation as well as the Company’s ability to execute on its VISION 2030 Strategy, realize the potential benefits of acquisitions and successfully integrate any acquired operations, grow the Company’s presence in its key target and international markets, manage supply chain challenges, convert backlog to sales and to ship product in a timely manner; the success of the Company’s strategy to diversify its markets; the impact of inflation on the Company’s business and financial condition; indications of a change in the market cycles in the semi market or other markets served; changes in business conditions and general economic conditions both domestically and globally including changes in U.S. and/or foreign trade policy, rising interest rates and fluctuation in foreign currency exchange rates; changes in the demand for semiconductors; access to capital and the ability to borrow funds or raise capital to finance potential acquisitions or for working capital; changes in the rates and timing of capital expenditures by the Company’s customers; and other risk factors set forth from time to time in the Company’s Securities and Exchange Commission filings, including, but not limited to, the Annual Report on Form 10-K for the year ended December 31, 2025. Any forward-looking statement made by the Company in this presentation is based only on information currently available to management and speaks to circumstances only as of the date on which it is made. The Company undertakes no obligation to update the information in this presentation to reflect events or circumstances after the date hereof or to reflect the occurrence of anticipated or unanticipated events, except as required by law.
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3 NYSE American: INTT | Non-GAAP Financial Measures In addition to disclosing results that are determined in accordance with generally accepted accounting practices in the United States (“GAAP”), we also disclose non-GAAP financial measures. These non-GAAP financial measures consist of adjusted net earnings (loss), adjusted earnings (loss) per diluted share (“adjusted EPS”), adjusted EBITDA, adjusted EBITDA margin, and free cash flow. The Company defines these non-GAAP measures as follows: • Adjusted Net Earnings (Loss) is derived by adding acquired intangible amortization, restructuring costs, and the tax effect of the adjusting items, to net earnings (loss). • Adjusted Earnings (Loss) per diluted share (“adjusted EPS”) is derived by dividing adjusted net earnings (loss) by diluted weighted average shares outstanding. • Adjusted EBITDA is derived by adding acquired intangible amortization, restructuring costs, net interest expense, income tax expense, depreciation, and stock-based compensation expense to net earnings. • Adjusted EBITDA Margin is derived by dividing adjusted EBITDA by revenue. • Free Cash Flow is derived by subtracting capital expenditures from net cash provided by or used in operating activities. These results are provided as a complement to the results provided in accordance with GAAP. Adjusted net earnings (loss) and adjusted earnings (loss) per diluted share (“adjusted EPS”) are non-GAAP financial measures presented to provide investors with meaningful, supplemental information regarding our baseline performance before acquired intangible amortization, and restructuring costs as management believes these expenses may not be indicative of our underlying operating performance. Adjusted EBITDA and adjusted EBITDA margin are non-GAAP financial measures presented primarily as a measure of liquidity as they exclude non-cash charges for acquired intangible amortization, depreciation and stock-based compensation. In addition, adjusted EBITDA and adjusted EBITDA margin also exclude the impact of restructuring costs, interest income or expense and income tax expense or benefit, as management believes these expenses may not be indicative of our underlying operating performance. Management believes that free cash flow provides meaningful information for evaluating our overall financial performance for comparative periods as it facilitates an assessment of funds available to satisfy current and future obligations and fund acquisitions. The non-GAAP financial measures presented in this presentation are used by management to make operational decisions, to forecast future operational results, and for comparison with our business plan, historical operating results and the operating results of our peers. Reconciliations from net earnings (loss) and earnings (loss) per diluted share (EPS) to adjusted net earnings (loss) and adjusted earnings (loss) per diluted share (“adjusted EPS”) and from net earnings (loss) and net margin to adjusted EBITDA and adjusted EBITDA margin, are contained in the tables below. Management believes these Non-GAAP financial measures are important in evaluating our performance, results of operations, and financial position. We use non-GAAP financial measures to supplement our GAAP results to provide a more complete understanding of the factors and trends affecting our business. Non-GAAP measures as presented in this presentation may differ from and may not be comparable to similarly titled measures used by other companies.
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4 NYSE American: INTT | Q2 2026 Revenue Beat, Gross Margin Impacted by Revenue Mix; FY Revenue Guidance Raised Gross Margin Impacted by Product Mix • Top- and bottom bands of revenue range increased Broad-based Strength Drives Raised FY26 Revenue Guidance • Revenue increased 26% Y/Y, driven by strong Auto/EV project delivery • Revenue increased 4% Q/Q, the third consecutive quarter of sequential revenue growth • Second consecutive quarter of Y/Y revenue growth >25% • Third consecutive quarter of Q/Q revenue growth Sustained Revenue Momentum • Gross margin of 40.5% reflects an unfavorable mix of high-revenue, lower-margin projects at Alfamation (Auto/EV) • Higher-contribution revenue that shifted into Q3 was also a contributing factor
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5NYSE American: INTT | Orders(1) and Backlog(1) Orders Q/Q Q2 declined 9% • Following 3 consecutive $30M+ quarters • Semi orders up 56%, strongest intake in 6 quarters • Auto/EV down 67% after 4 strong quarters • Defense/Aerospace down 28% against a strong Q1 comparison driven by non- reoccurring orders Y/Y Q2 increased 4% • Semi up 64% as Semi funnel begins to convert to orders • Defense/Aerospace up 70% on higher DoD procurement Backlog Q/Q Q2 declined 12% • Reflects normalization from prior elevated Auto/EV peak Y/Y Q2 increased 20% Orders QuartersYears Backlog ($ in millions) $116.6 $107.7 $128.2 $135.8 2023 2024 2025 TTM Q2 26 $27.8 $31.8 $28.9 Q2 25 Q1 26 Q2 26 $37.9 $49.3 $53.9 $51.8 $45.4 6/30/25 9/30/25 12/31/25 3/31/26 6/30/26 (1) Orders and Backlog are key performance metrics. Further information can be found under "Key Performance Metrics."
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6NYSE American: INTT | Semi Auto/EV Defense/Aerospace Industrial Revenue 74% of Q2 26 revenue from non-Semi markets Q/Q Q2 increased 4% • Net increase due almost entirely to high- revenue, lower-margin Auto/EV shipments • Partially offset by Defense/Aerospace (against a strong Q1 comparison) Life Sciences, and Semi Y/Y Q2 increased 26% • Reflects continued, gradual recovery in capital spending and deeper penetration of non-Semi markets • Increases in Auto/EV, Life Sciences, and Industrial partially offset a decline in Semi Quarters Life Sciences Safety/Security Other ($ in millions) $123.3 $130.7 $113.8 $128.3 2023 2024 2025 TTM Q2 26 Years 28% 25%14% 14% 9% 3% 8% 32% 20%13% 15% 8% 3% 10% $28.1 $33.9 $35.3 Q2 25 Q1 26 Q2 26 FY25 TTM Q2
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7NYSE American: INTT | Gross Profit and Margin Q/Q Q2 decreased 280 bps • Shift in product mix toward high-volume, lower- margin Auto/EV revenue • Measured against revised Q1 margin of 43.3% Y/Y decreased 210 bps • Same product mix shift toward lower-margin Auto/EV revenue QuartersYears ($ in millions) $57.0 $55.4 $48.9 $54.8 2023 2024 2025 TTM Q2 26 $12.0 $14.7 $14.3 Q2 25 Q1 26 Q2 26 46.2% 42.4% 43.0% 42.8% 42.6% 43.3% 40.5% † March 31, 2026 as revised †
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8NYSE American: INTT | $17.6 $17.4 $16.8 $17.1 $7.6 $8.5 $9.4 $9.8 $19.2 $23.6 $22.2 $23.0 $2.1 $2.5 $3.3 $3.2 2023 2024 2025 TTM Q2 26 Operating Expenses Decrease in Q2 26 $0.5 million for Q/Q reflects $0.7 million in non-recurring CEO transition costs incurred in Q1 26 Y/Y Q2 increase of $1.0 million primarily reflected by: • payroll related merit increases • higher commission costs (Selling) ($ in millions) NOTE: Components may not add up to totals due to rounding. 39.5%45.9% Operating expenses as a % of sales QuartersYears 37.7% 39.8% 46.3% 42.3% Selling Engineering G&A Amortization Restructuring 42.7% $46.5 $52.0 $52.6 $54.2 $3.8 $4.2 $4.5 $2.2 $2.6 $2.5 $5.8 $6.1 $6.2 Q2 25 Q1 26 Q2 26 $0.8 $0.7 $1.1 $0.7 $- $14.5 $13.9$12.9 $0.9 $0.2 $0.9
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9 NYSE American: INTT | 7.6% 2.2% (2.2%) Net income Net Income Margin 2023 2024 2025 TTM Q2 26 $(5.0) $— $5.0 $10.0 $15.0 $20.0 (5%) 0% 5% 10% 15% Net Earnings (Loss) and Adjusted EBITDA(2) (2) Adjusted Net Earnings (Loss), Adjusted EPS, Adjusted EBITDA, Adjusted EBITDA Margin and Free Cash Flow are non-GAAP financial measures. Further information can be found under “Non-GAAP Financial Measures.” See also the reconciliations of GAAP financial measures to non-GAAP financial measures within the “Supplemental Information” that accompanies this presentation. Quarters Quarters Years Years Net Earnings (Loss) Adjusted EBITDA(2) 1.3% Net Income Net Income Margin Q2 25 Q1 26 Q2 26 $(2.0) $— $2.0 $4.0 (10%) 0% 10% ($ in millions, except margin percentages) 7.1% 6.2% AEBITDA AEBITDA Margin Q2 25 Q1 26 Q2 26 $(2.0) $- $2.0 $4.0 (10%) 0% 10% 0.8% 12.8% 8.3% 3.5% 6.4% AEBITDA AEBITDA Margin 2023 2024 2025 TTM Q2 26 $(5.0) $— $5.0 $10.0 $15.0 $20.0 (5%) 0% 5% 10% 15% $(0.5) 4.5% $1.3 $2.2$2.4 $(2.5)$2.9$9.3 $15.8$1.0 $10.8 $4.0 $8.2 $0.2 0.5% (1.8%) † March 31, 2026 as revised † † $0.5
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10 NYSE American: INTT | Earnings (Loss) per Share and Adjusted Earnings per Share(2) (2) Adjusted Net Earnings (Loss), Adjusted EPS, Adjusted EBITDA, Adjusted EBITDA Margin and Free Cash Flow are non-GAAP financial measures. Further information can be found under “Non-GAAP Financial Measures.” See also the reconciliations of GAAP financial measures to non-GAAP financial measures within the “Supplemental Information” that accompanies this presentation. Quarters Quarters Years Years Earnings (Loss) Per Share Adjusted Earnings Per Share(2) Q2 25 Q1 26 Q2 26 $(0.05) $— $0.05 $0.10 $0.15 $0.04 $0.79 $0.24 2023 2024 2025 TTM Q2 26 $(0.25) $— $0.25 $0.50 $0.75 $1.00 $1.25 $0.01 $0.08 $0.11 $0.09 Q2 25 Q1 26 Q2 26 $(0.05) $— $0.05 $0.10 $0.15 $0.94 $0.51 $0.06 $0.35 2023 2024 2025 TTM Q2 26 $(0.25) $— $0.25 $0.50 $0.75 $1.00 $1.25 $(0.04) 0.03 $(0.21) † † † March 31, 2026 as revised
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11 NYSE American: INTT | (2) Adjusted Net Earnings (Loss), Adjusted EPS, Adjusted EBITDA, Adjusted EBITDA Margin and Free Cash Flow are non-GAAP financial measures. Further information can be found under “Non-GAAP Financial Measures.” See also the reconciliations of GAAP financial measures to non-GAAP financial measures within the “Supplemental Information” that accompanies this presentation. (3) Figures may not sum precisely to the totals due to rounding conventions. Cash Flow ($ in millions) Three Months Ended Six Months Ended 6/30/26 6/30/25 6/30/26 6/30/25 Net cash provided by (used in) operating activities $6.3 $(0.7) $3.0 $4.8 Capital expenditures (0.4) (0.5) (1.0) (0.7) Free cash flow(2), (3) (Non-GAAP) $5.9 $(1.2) $2.0 $4.2 Capitalization ($ in millions) 6/30/26 6/30/25 12/31/25 Cash, cash equivalents and restricted cash $22.1 $19.2 $18.1 Total debt $6.2 $10.1 $7.5 Shareholders’ equity $107.7 $102.6 $103.6 Total capitalization $113.9 $112.7 $111.1 Capital Structure and Cash Flow Approximately $62 million in liquidity at 6/30/26 • Includes $22.1 million in cash and cash equivalents • $40 million borrowing capacity (extended through August 28, 2026) Reduced term debt by $1.0 million during Q2 26 Leverage ratio was 0.8x (debt/TTM Adj. EBITDA(2))
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12 NYSE American: INTT | «Guidance provided as of August 10, 2026. The foregoing guidance is based on management’s current views with respect to operating and market conditions and customers’ forecasts. It also assumes macroeconomic conditions remain unchanged through the end of the year and does not take into account any extraordinary non-operating expenses that may occur from time to time. Actual results may differ materially from what is provided here today as a result of, among other things, the factors described under “Forward-Looking Statements” on slide 2. Outlook for 2026« Q3 2026 Guidance • Revenue: $33 million to $35 million • Gross margin: approximately 44% • Operating expenses: $13.8 million to $14.2 million • Amortization expense : $0.5 million Revised Full Year 2026 Guidance • Revenue: $135 million to $140 million (21% Y/Y growth at the midpoint) • Gross margin: approximately 43% • Operating expenses: $55 million to $57 million • Amortization expense: $2.6 million • Interest expense: $0.3 million • Effective tax rate: approximately 18% • Capital expenditures: 1% - 2% of revenue Outlook excludes any potential acquisitions and restructuring costs
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13 NYSE American: INTT | Expand Opportunities in Higher-Margin End Markets Deepen Customer Footprint and Product Leadership • Semi: accelerating on demand to test high-power devices for the electrified economy • Defense/Aerospace: higher DoD capacity spending expanding the testing funnel • Auto/EV: healthy demand on rising vehicle electronic content, paced by multi-year customer programs • Growing within strategic accounts, new products gaining traction • Cross-selling the broader portfolio; extending channel and partner coverage into new customers and geographies Executing InTest’s Next Phase of Growth • Convert commercial momentum into steadier adjusted EBITDA through operating leverage across the cost structure • Continue operation review initiated in Q1 - assess manufacturing footprint and business-unit cost structure to lift efficiency and productivity Operating Leverage and Adjusted EBITDA Expansion
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| NYSE American: INTT | 14 • Replay Number: (844) 512-2921 or (412) 317-6671 passcode: 13760855 • Telephone replay available through Monday, August 24, 2026 • Webcast / Presentation / Replay available at www.intest.com/investor-relations • Transcript, when available, at www.intest.com/investor-relations • August 19 – 20, 2026 Needham 7 th Annual Virtual Semiconductor & SemiCap 1x1 Conference • August 26-27, 2026 17 th Annual Midwest IDEAS Conference (Chicago) • September 10, 2026 10 th Annual Lake Street Best Ideas Growth Conference (NYC) Conference Call Playback Upcoming Events
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Supplemental Information Q2 2026 Financial Results Conference Call August 10, 2026
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| NYSE American: INTT | 16 Reconciliation of Net Earnings (Loss) to Adjusted Net Earnings (Loss) (Non-GAAP) and Earnings (Loss) Per Diluted Share to Adjusted Earnings (Loss) Per Diluted Share (Non-GAAP) Three Months Ended ($ in thousands, except per share amounts) 6/30/25 9/30/25 12/31/25 3/31/26 6/30/26 Net earnings (loss) $ (503) $ (938) $ 1,243 $ 183 $ 474 Acquired intangible amortization 850 841 842 778 699 Restructuring costs 216 116 205 744 30 Tax effect of adjusting items (165) (217) (337) (293) (112) Adjusted net earnings (loss)(2) (Non-GAAP) $ 398 $ (198) $ 1,953 $ 1,412 $ 1,091 Diluted weighted average shares outstanding 12,246 12,209 12,277 12,421 12,582 Net earnings per diluted share: Net earnings (loss) $ (0.04) $ (0.08) $ 0.10 $ 0.01 $ 0.04 Acquired intangible amortization 0.07 0.07 0.07 0.06 0.06 Restructuring costs 0.02 0.01 0.02 0.06 — Tax effect of adjusting items (0.01) (0.02) (0.03) (0.02) (0.01) Adjusted net earnings (loss) per diluted share(2)(3) (Non-GAAP) $ 0.03 $ (0.02) $ 0.16 $ 0.11 $ 0.09 (2) Adjusted Net Earnings (Loss), Adjusted EPS, Adjusted EBITDA, Adjusted EBITDA Margin and Free Cash Flow are non-GAAP financial measures. Further information can be found under “Non-GAAP Financial Measures.” See also the reconciliations of GAAP financial measures to non-GAAP financial measures within the “Supplemental Information” that accompanies this presentation. (3) Figures may not sum precisely to the totals due to rounding conventions. † March 31, 2026 as revised †
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| NYSE American: INTT | 17 Reconciliation of Net Earnings (Loss) to Adjusted Net Earnings (Non-GAAP) and Earnings (Loss) Per Diluted Share to Adjusted Earnings Per Diluted Share (Non-GAAP) Years Ended December 31, ($ in thousands, except per share amounts) 2023 2024 2025 TTM Q2 26 Net earnings (loss) $ 9,342 $ 2,891 $ (2,527) $ 962 Acquired intangible amortization 2,095 2,545 3,346 3,160 Restructuring costs — — 850 1,095 Acquired inventory step-up — 1,570 — — Tax effect of adjusting items (324) (792) (905) (959) Adjusted net earnings(2) (Non-GAAP) $ 11,113 $ 6,214 $ 764 $ 4,258 Diluted weighted average shares outstanding 11,780 12,239 12,256 12,306 Net earnings per diluted share: Net earnings (loss) $ 0.79 $ 0.24 $ (0.21) $ 0.08 Acquired intangible amortization 0.18 0.21 0.27 0.26 Restructuring costs — — 0.07 0.09 Acquired inventory step-up — 0.13 — — Tax effect of adjusting items (0.03) (0.07) (0.07) (0.08) Adjusted net earnings per diluted share(2) (Non-GAAP) $ 0.94 $ 0.51 $ 0.06 $ 0.35 (2) Adjusted Net Earnings (Loss), Adjusted EPS, Adjusted EBITDA, Adjusted EBITDA Margin and Free Cash Flow are non-GAAP financial measures. Further information can be found under “Non-GAAP Financial Measures.” See also the reconciliations of GAAP financial measures to non-GAAP financial measures within the “Supplemental Information” that accompanies this presentation.
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| NYSE American: INTT | 18 Reconciliation of Net Earnings (Loss) and Net Margin to Adjusted EBITDA (Non-GAAP) and Adjusted EBITDA Margin (Non-GAAP) Three Months Ended ($ in thousands, except percentages) 6/30/25 9/30/25 12/31/25 3/31/26 6/30/26 Net earnings (loss) $ (503) $ (938) $ 1,243 $ 183 $ 474 Acquired intangible amortization 850 841 842 778 699 Net interest expense (income) 30 (18) (8) — (15) Income tax expense (benefit) (80) (289) 134 44 (225) Depreciation 314 317 378 375 386 Restructuring costs 216 116 205 744 30 Non-cash stock-based compensation 435 354 398 291 843 Adjusted EBITDA(2) (Non-GAAP) $ 1,262 $ 383 $ 3,192 $ 2,415 $ 2,192 Revenue $ 28,130 $ 26,236 $ 32,822 $ 33,886 $ 35,313 Net margin (1.8%) (3.6%) 3.8% 0.5% 1.3% Adjusted EBITDA margin(2) (Non-GAAP) 4.5% 1.5% 9.7% 7.1% 6.2% (2) Adjusted Net Earnings (Loss), Adjusted EPS, Adjusted EBITDA, Adjusted EBITDA Margin and Free Cash Flow are non-GAAP financial measures. Further information can be found under “Non-GAAP Financial Measures.” See also the reconciliations of GAAP financial measures to non-GAAP financial measures within the “Supplemental Information” that accompanies this presentation. † March 31, 2026 as revised †
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| NYSE American: INTT | 19 Reconciliation of Net Earnings and Net Margin to Adjusted EBITDA (Non-GAAP) and Adjusted EBITDA Margin (Non-GAAP) Years Ended December 31, ($ in thousands, except percentages) 2023 2024 2025 TTM Q2 26 Net earnings (loss) $ 9,342 $ 2,891 $ (2,527) $ 962 Acquired intangible amortization 2,095 2,545 3,346 3,160 Acquired inventory step-up — 1,570 — — Net interest expense (income) (404) (7) 41 (41) Income tax expense (benefit) 1,706 563 (695) (336) Depreciation 1,021 1,399 1,325 1,456 Restructuring costs — — 850 1,095 Non-cash stock-based compensation 2,047 1,857 1,610 1,886 Adjusted EBITDA(2) (Non-GAAP) $ 15,807 $ 10,818 $ 3,950 $ 8,182 Revenue $ 123,302 $ 130,690 $ 113,825 $ 128,257 Net margin 7.6% 2.2% (2.2%) 0.8% Adjusted EBITDA margin(2) (Non-GAAP) 12.8% 8.3% 3.5% 6.4% (2) Adjusted Net Earnings (Loss), Adjusted EPS, Adjusted EBITDA, Adjusted EBITDA Margin and Free Cash Flow are non-GAAP financial measures. Further information can be found under “Non-GAAP Financial Measures.” See also the reconciliations of GAAP financial measures to non-GAAP financial measures within the “Supplemental Information” that accompanies this presentation.
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| NYSE American: INTT | 20 Segment Reporting (Quarterly) Three Months Ended ($ in thousands) 6/30/25 9/30/25 12/31/25 3/31/26 6/30/26 Electronic Test $ 13,733 $ 12,099 $ 17,103 $ 17,341 $ 21,404 Environmental Technologies 7,215 7,490 8,321 8,351 5,819 Process Technologies 7,182 6,647 7,398 8,194 8,090 Total Revenue $ 28,130 $ 26,236 $ 32,822 $ 33,886 $ 35,313 % of divisional revenue % of divisional revenue % of divisional revenue % of divisional revenue % of divisional revenue Electronic Test $ 1,560 11% $ 1,146 9% $ 3,583 21% $ 2,047 12% $ 3,781 18% Environmental Technologies 611 8% 780 10% 819 10% 1,219 15% (568) (10%) Process Technologies 399 6% (98) (1%) (77) (1%) 693 8% 381 5% Total income from divisional operations 2,570 9% 1,828 7% 4,325 13% 3,959 12% 3,594 10% Corporate expense (2,431) (2,064) (2,002) (2,233) (2,502) Acquired intangible amortization (850) (841) (842) (778) (699) Restructuring costs (216) (116) (205) (744) (30) Interest expense (119) (95) (84) (80) (63) Other income 463 61 185 103 (51) Earnings (loss) before income tax expense $ (583) $ (1,227) $ 1,377 $ 227 $ 249 † March 31, 2026 as revised †
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| NYSE American: INTT | 21 Segment Reporting (12 Months) Years Ended December 31, ($ in thousands) 2023 2024 2025 TTM Q2 26 Electronic Test $ 41,016 $ 63,878 $ 56,194 $ 67,947 Environmental Technologies 30,801 28,898 29,294 29,981 Process Technologies 51,485 37,914 28,337 30,329 Total Revenue $ 123,302 $ 130,690 $ 113,825 $ 128,257 % of divisional revenue % of divisional revenue % of divisional revenue % of divisional revenue Electronic Test $ 10,189 25% $ 8,732 14% $ 6,970 12% $ 10,557 16% Environmental Technologies 3,073 10% 2,116 7% 1,955 7% 2,250 8% Process Technologies 9,544 19% 4,972 13% 431 2% 899 3% Total income from divisional operations 22,806 18% 15,820 12% 9,356 8% 13,706 11% Corporate expense (10,272) (9,881) (8,885) (8,801) Acquired intangible amortization (2,095) (2,545) (3,346) (3,160) Restructuring costs — — (850) (1,095) Interest expense (679) (846) (450) (322) Other income 1,288 906 953 298 Earnings (loss) before income tax expense $ 11,048 $ 3,454 $ (3,222) $ 626