Giftify, Inc. filed its quarterly report on Form 10-Q with the SEC on November 3, 2026, covering the three and nine months ended September 30, 2026, and reporting narrowed losses alongside higher net sales compared to the same periods in 2025.

Key Highlights

  • Net sales rose to $22,323,212 for the three months ended September 30, 2026, compared to $18,783,908 in the same quarter of 2025, according to the filing.
  • Net loss for Q3 2026 was $1,507,102, an improvement from a net loss of $2,437,462 in Q3 2025, as reported in the condensed consolidated statements of operations.
  • Nine-month net sales reached $65,427,640 for the period ended September 30, 2026, versus $61,961,652 for the same period in 2025.
  • Total assets stood at $29,677,806 as of September 30, 2026, down from $31,841,058 at December 31, 2025.
  • Accumulated deficit increased to $104,184,807 as of September 30, 2026, compared to $98,786,245 at December 31, 2025.
  • Shares outstanding totaled 35,800,996 as of October 30, 2026, up from 33,146,517 at December 31, 2025.

Giftify's Third-Quarter 2026 Financial Results and Balance Sheet Position

Giftify, Inc. (NASDAQ:GIFT), a Delaware-incorporated company headquartered in Schaumburg, Illinois, disclosed its unaudited financial results for the quarter ended September 30, 2026, in a Form 10-Q filed November 3, 2026. According to the filing, the company generated net sales of $22,323,212 for Q3 2026, compared to $18,783,908 in Q3 2025. Gross profit for the quarter was reported at $4,371,917, versus $3,747,541 in the prior-year quarter. Total operating expenses were $5,965,348, producing a loss from operations of $1,593,431 for Q3 2026, compared to a loss from operations of $2,487,668 in Q3 2025.

For the nine months ended September 30, 2026, the filing reported net sales of $65,427,640 and a loss from operations of $5,514,384, compared to net sales of $61,961,652 and a loss from operations of $8,232,857 for the same period in 2025. Selling, general and administrative expenses for the nine-month period declined to $16,475,240 from $17,247,499 in the prior-year period, according to the filing. The company reported an income tax benefit of $429,784 for the nine months ended September 30, 2026.

On the balance sheet as of September 30, 2026, the filing disclosed total current assets of $7,892,369 and total current liabilities of $7,260,615. Cash and cash equivalents, which the filing noted include restricted cash of $750,000, were reported at $3,945,212. Goodwill remained unchanged at $20,007,670, while intangible assets, net, declined to $795,785 from $2,487,822 at December 31, 2025. Total stockholders' equity was reported at $21,081,233 as of September 30, 2026. The filing identifies the company as a non-accelerated filer, smaller reporting company, and emerging growth company.

What Was Disclosed

Giftify, Inc. filed its Form 10-Q for the quarter ended September 30, 2026, disclosing unaudited financial statements showing higher net sales and narrower operating and net losses compared to the same periods in 2025, along with updated balance sheet figures.