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CreditRiskMonitor.com, Inc., established in 1977 and headquartered in Valley Cottage, New York, delivers interactive business-to-business (B2B) software-as-a-service (SaaS) subscriptions to corporate credit and procurement experts across the globe. The company provides extensive commercial credit reports for both public and private entities. These reports feature in-depth analysis of financial statements, encompassing ratio and trend evaluations, alongside peer comparisons. Customers also gain access to proprietary scores like FRISK and PAYCE, external indicators such as Altman Z default scores, and issuer ratings from leading agencies including Moody's Investors Service, DBRS, Inc., and Fitch Ratings. Beyond these analyses, CreditRiskMonitor.com, Inc. offers financial data derived from Federal Financial Institutions Examination Council (FFIEC) call reports for banking institutions. It further supplies company background information, trade payment records, and public filings suchor as lawsuits, liens, judgments, and bankruptcy details for millions of U.S. companies. The service keeps users informed through automated alerts on key developments like FRISK score shifts, credit limit modifications, updated financial statements, U.S. Securities and Exchange Commission (SEC) filings, and rating alterations. Additionally, the firm serves as a distributor for international credit reports.
CreditRiskMonitor Announces Second Quarter Results
CreditRiskMonitor reported Q2 fiscal 2026 revenue of $5.2 million, up 2% year-over-year, but posted a net loss of $475,000 compared to net income of $135,000 in the same period last year.
The company identified a material weakness in internal control over financial reporting and recorded approximately $2.2 million in sales and income tax liabilities after determining it had established nexus in jurisdictions where it had not been collecting taxes.
Despite these challenges, the company maintains a strong balance sheet with no debt and approximately $17.8 million in cash and equivalents, allowing it to absorb these costs.
The underlying business remains healthy with strengthening retention under the new Client Success model, a growing trade contributor program covering approximately $3 trillion in annualized data, and new demand for AI-powered connectors and credit limit recommendation workflows.