INVE

MKT CAP:$101M

Identiv, Inc.

Market Cap

$101M

Technology·Computer Hardware·🇺🇸 United States·NASDAQ

Technology·Computer Hardware·🇺🇸·NASDAQ

Stock Price

$3.93+$0.29 (+7.97%)

Apr 21, 2026

Company Details

Identiv, Inc. operates as a security technology company that secures things, data, and physical places in the Americas, Europe, the Middle East, and the Asia-Pacific. The company operates in two segments, Identity and Premises. The Identity...

CEO

Kirsten F. Newquist

IPO Date

Oct 7, 1997

Website

www.identiv.com

Key Metrics TTM

Revenue

$21M

-60.1% YoY

Net Income

-$18M

EPS (Diluted)

-$0.77

Free Cash Flow

-$18M

Revenue / Share

$0.90

Gross Margin

6.1%

Operating Margin

-96.0%

Net Margin

-83.8%

FCF Margin

-85.7%

P/S

4.7x

P/E

—

Earnings Reports

Q1 2026

May 6, 2026

PENDING

FY 2025

Mar 12, 2026

$21M-19.3%EPS -$0.76

Q4 2025

Mar 12, 2026

$6MEPS -$0.16

Q3 2025

Nov 10, 2025

$5M-23.3%EPS -$0.14

Q2 2025

Aug 8, 2025

$5MEPS -$0.26

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 21	$24M	$9M	-$307.0K
Q3 21	$29M	$11M	$2M
Q4 21	$29M	$9M	-$2M
Q1 22	$25M	$9M	-$1M
Q2 22	$28M	$10M	-$38.0K
Q3 22	$31M	$11M	$549.0K
Q4 22	$29M	$11M	$400.0K
Q1 23	$26M	$9M	-$3M
Q3 23	$12M	$1M	-$3M
Q4 23	$29M	$10M	-$2M
Q1 24	$7M	$483.0K	-$5M
Q3 24	$7M	$238.0K	-$10M
Q1 25	$5M	$132.0K	-$5M
Q2 25	$5M	-$474.0K	-$6M
Q3 25	$5M	$534.0K	-$6M
Q4 25	$6M	$1M	-$3M

Valuation

Quarter	P/S	P/E
Q2 21	1.1x	146.0x
Q3 21	1.0x	35.5x
Q4 21	1.0x	62.4x
Q1 22	0.9x	48.4x
Q2 22	0.9x	—
Q3 22	0.9x	—
Q4 22	0.9x	—
Q1 23	0.9x	—
Q3 23	1.0x	—
Q4 23	1.1x	—
Q1 24	1.4x	—
Q3 24	1.9x	1.3x
Q1 25	2.1x	1.3x
Q2 25	4.3x	1.4x
Q3 25	4.6x	1.4x
Q4 25	4.7x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 21	-$411.0K	-$2M
Q2 21	-$2M	-$2M
Q3 21	$3M	$3M
Q4 21	$1M	$1M
Q1 22	-$34.0K	-$544.0K
Q2 22	-$865.0K	-$2M
Q3 22	-$2M	-$3M
Q4 22	-$5M	-$6M
Q1 23	-$5M	-$6M
Q3 23	-$322.0K	-$1M
Q4 23	$5M	$4M
Q1 24	-$1M	-$2M
Q3 24	-$7M	-$8M
Q1 25	-$3M	-$4M
Q2 25	-$4M	-$4M
Q3 25	-$3M	-$3M

Capital Expenditures

Quarter	CapEx
Q1 21	$1M
Q2 21	$541.0K
Q3 21	$251.0K
Q4 21	$164.0K
Q1 22	$510.0K
Q2 22	$1M
Q3 22	$1M
Q4 22	$894.0K
Q1 23	$1M
Q3 23	$711.0K
Q4 23	$1M
Q1 24	$232.0K
Q3 24	$506.0K
Q1 25	$301.0K
Q2 25	$252.0K
Q3 25	$411.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 21	+25.6%	+13.8%
Q3 21	+17.0%	+13.2%
Q4 21	+14.8%	+20.8%
Q1 22	+13.1%	+11.5%
Q2 22	+16.1%	+14.8%
Q3 22	+6.5%	+12.6%
Q4 22	+1.7%	-5.9%
Q1 23	+3.7%	+10.1%
Q3 23	-57.9%	-46.0%
Q4 23	-6.5%	+0.6%
Q1 24	-77.0%	-59.0%
Q3 24	-74.9%	-44.0%
Q1 25	-55.1%	-28.7%
Q2 25	-82.6%	-62.7%
Q3 25	-24.8%	-9.6%
Q4 25	-5.6%	-41.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 21	$758.0K	3.4%
Q2 21	$697.0K	2.9%
Q3 21	$572.0K	2.0%
Q4 21	$579.0K	2.0%
Q1 22	$895.0K	3.6%
Q2 22	$818.0K	2.9%
Q3 22	$852.0K	2.7%
Q4 22	$596.0K	2.1%
Q1 23	$990.0K	3.8%
Q3 23	$989.0K	8.4%
Q4 23	$998.0K	3.4%
Q1 24	$1M	15.3%
Q3 24	$5M	82.1%
Q1 25	$796.0K	15.1%
Q2 25	$907.0K	18.0%
Q3 25	$708.0K	14.1%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q2 21	$2M	$3M	$4M
Q3 21	$2M	$2M	$4M
Q4 21	$2M	$5M	$4M
Q1 22	$3M	$2M	$5M
Q2 22	$2M	$2M	$5M
Q3 22	$3M	$3M	$5M
Q4 22	$2M	$3M	$5M
Q1 23	$3M	$3M	$6M
Q3 23	$1M	$2M	$1M
Q4 23	$3M	$4M	$5M
Q1 24	$897.0K	$3M	$1M
Q3 24	$1M	$7M	$2M
Q1 25	$787.0K	$3M	$1M
Q2 25	$890.0K	$3M	$2M
Q3 25	$828.0K	$4M	$1M
Q4 25	$773.0K	$3M	$1M

Revenue Segments

Quarter	Identity	Physical Access Control Systems
Q2 21	$15M	$9M
Q3 21	$19M	$10M
Q4 21	$18M	$11M
Q1 22	$15M	$10M
Q2 22	$17M	$11M
Q3 22	$19M	$12M
Q4 22	$17M	$12M
Q1 23	$15M	$11M
Q4 23	$17M	$12M

Revenue by Geography

Quarter	Americas	Asia Pacific	Europe And Middle East
Q3 24	$3M	$2M	$2M
Q1 25	$2M	$1M	$2M
Q2 25	$2M	$1M	$2M
Q3 25	$3M	$1M	$1M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$29M	$0	$29M
Q2 22	$26M	$0	$26M
Q3 22	$22M	$0	$22M
Q4 22	$17M	$0	$17M
Q1 23	$21M	$0	$21M
Q2 23	$22M	$0	$22M
Q3 23	$20M	$0	$20M
Q4 23	$23M	$0	$23M
Q1 24	$22M	$0	$22M
Q2 24	$18M	$0	$18M
Q3 24	$145M	$0	$145M
Q4 24	$136M	$0	$136M
Q1 25	$132M	$0	$132M
Q2 25	$129M	$0	$129M
Q3 25	$126M	$0	$126M
Q4 25	$129M	$0	$129M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 21	29M	+55.9%	+60.3%
Q3 21	29M	+2.0%	+57.3%
Q4 21	23M	-23.3%	+23.0%
Q1 22	23M	+0.3%	+22.4%
Q2 22	23M	+0.3%	-21.3%
Q3 22	23M	+3.0%	-20.5%
Q4 22	23M	-0.7%	+2.9%
Q1 23	23M	-1.6%	+1.0%
Q3 23	23M	+1.7%	+2.4%
Q4 23	23M	+0.3%	-0.3%
Q1 24	23M	+0.5%	+0.9%
Q3 24	24M	+1.2%	+3.8%
Q1 25	24M	-0.3%	+1.8%
Q2 25	24M	+0.7%	+2.2%
Q3 25	24M	+0.4%	+2.1%
Q4 25	24M	-0.3%	+0.5%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 21	$73.6K	326
Q3 21	$89.3K	326
Q4 21	$86.7K	329
Q1 22	$76.2K	329
Q2 22	$84.7K	329
Q3 22	$94.2K	329
Q4 22	$84.6K	343
Q1 23	$75.8K	343
Q3 23	$34.2K	343
Q4 23	$73.6K	394
Q1 24	$16.9K	394
Q3 24	$16.6K	394
Q1 25	$31.7K	166
Q2 25	$30.4K	166
Q3 25	$30.2K	166
Q4 25	$37.1K	166

Revenue / Employee