First Internet Bancorp (INBK) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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INBK Revenue Growth
Revenue Breakdown (FY 2025)
INBK's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
INBK Revenue Analysis (2014–2025)
As of May 8, 2026, First Internet Bancorp (INBK) generated trailing twelve-month (TTM) revenue of $318.0 million, reflecting slight decline in growth of -3.2% year-over-year. The most recent quarter (Q4 2025) recorded $89.4 million in revenue, up 54.5% sequentially.
Looking at the longer-term picture, INBK's 5-year compound annual growth rate (CAGR) stands at +13.5%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $333.4 million in 2024.
Revenue diversification analysis shows INBK's business is primarily driven by Loan Servicing (189%), Bank Servicing (30%), and Loan Servicing Asset Revaluation (-118%). With over half of revenue concentrated in Loan Servicing, the company maintains significant focus in this area while developing other growth vectors.
When compared to Financial Services sector peers including SOFI, HONE, and NBTB, INBK has underperformed the peer group in terms of revenue growth. Compare INBK vs SOFI →
INBK Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| INBKCurrent | $318M | -3.2% | +13.5% | -15.8% | |
 SOFI | $4.8B | - | - | 11.0% | |
 HONE | $314M | - | - | 10.9% | |
 NBTB | $867M | - | - | 25.3% | |
 CFFN | $417M | - | - | 19.9% | |
 FIS | $10.7B | +7.6% | -3.2% | 16.5% |
INBK Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $322.9M | - | $44.2M | 13.7% | $-50,869,000 | -15.8% |
| 2024 | $333.4M | - | $111.7M | 33.5% | $27.5M | 8.3% |
| 2023 | $259.9M | - | $78.6M | 30.3% | $4.9M | 1.9% |
| 2022 | $173.7M | - | $108.9M | 62.7% | $40.1M | 23.1% |
| 2021 | $162.1M | - | $113.7M | 70.2% | $56.6M | 34.9% |
| 2020 | $171.2M | - | $89.5M | 52.3% | $33.9M | 19.8% |
| 2019 | $163.1M | - | $72.6M | 44.6% | $27.2M | 16.7% |
| 2018 | $123.3M | - | $66.2M | 53.7% | $24.0M | 19.4% |
| 2017 | $94.2M | - | $58.6M | 62.2% | $22.9M | 24.3% |
| 2016 | $72.1M | - | $48.5M | 67.3% | $18.0M | 24.9% |
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Start ComparisonINBK — Frequently Asked Questions
Quick answers to the most common questions about buying INBK stock.
Is INBK's revenue growth accelerating or slowing?
INBK revenue growth slowed to -3.2%, below the 5-year CAGR of +13.5%. TTM revenue is $318M. The deceleration marks a shift from historical growth rates.
What is INBK's long-term revenue growth rate?
First Internet Bancorp's 5-year revenue CAGR of +13.5% reflects the variable expansion pattern. Current YoY growth of -3.2% is near this long-term average.
How is INBK's revenue distributed by segment?
INBK reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.