Identiv, Inc.
Business
Identiv designs, manufactures, and sells RFID and Bluetooth Low Energy enabled inlays, tags, and labels that provide digital identities for physical objects. Products enable customers to track, monitor, authenticate, and engage through radio frequency and IoT connectivity across supply chain, healthcare, consumer, and sustainability applications. The company operates a design-through-production platform with in-house R&D in Germany and manufacturing in Thailand, serving RFID converters, system integrators, OEMs, and solution providers through channel partnerships.
Summary from 10-K filed 2026-03-26
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net revenue | 21 | 27 | 43 | 113 | 104 | |
| Cost of revenue | 20 | 26 | 37 | 72 | 67 | |
| Gross profit | 1 | 340,000 | 6 | 41 | 37 | |
| Research and development | 3 | 4 | 4 | 10 | 9 | |
| Selling and marketing | 6 | 6 | 6 | 21 | 17 | |
| General and administrative | 13 | 18 | 9 | 10 | 12 | |
| Restructuring and severance | 2 | 540,000 | 157,000 | 202,000 | 817,000 | |
| Total operating expenses | 23 | 28 | 20 | 41 | 38 | |
| Loss from continuing operations | −22 | −28 | −14 | −333,000 | −1 | |
| Interest income, net | 5 | 1 | −427,000 | −143,000 | −483,000 | |
| Foreign currency gains (losses), net | −1 | 788,000 | −10,000 | 155,000 | −79,000 | |
| Loss from continuing operations before income tax benefit (provision) | −18 | −26 | −14 | −291,000 | 2 | |
| Income tax benefit (provision) | 268,000 | −90,000 | −65,000 | −101,000 | −28,000 | |
| Net loss from continuing operations | −18 | −26 | −14 | — | — | |
| Loss from Physical Security Business, net of tax | — | −3 | 8 | — | — | |
| Gain on sale of Physical Security Business, net of tax | — | 104 | — | — | — | |
| Total income from discontinued operations, net of tax | 0 | 101 | 8 | — | — | |
| Net income (loss) | −18 | 75 | −5 | −392,000 | 2 | |
| Foreign currency translation adjustment, net of tax | 2 | −233,000 | 228,000 | −848,000 | −629,000 | |
| Comprehensive income (loss) | −16 | 75 | −5 | −1 | 991,000 | |
| Basic - continuing operations | −0.79 | −1.14 | −0.66 | — | — | |
| Diluted - continuing operations | −0.79 | −1.14 | −0.66 | — | — | |
| Basic - discontinued operations | 0 | 4.27 | 0.36 | — | — | |
| Diluted - discontinued operations | 0 | 4.27 | 0.36 | — | — | |
| Basic (per share) | −0.79 | 3.14 | −0.29 | −0.07 | 0.02 | |
| Diluted (per share) | −0.79 | 3.14 | −0.29 | −0.07 | 0.02 | |
| Basic (shares) | 24 | 24 | 23 | 23 | 21 | |
| Diluted (shares) | 24 | 24 | 23 | 23 | 22 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 129 | 136 | 23 | 17 | 29 | |
| Restricted cash | 300,000 | 300,000 | 1 | 487,000 | 1 | |
| Accounts receivable, net of allowances of $657 and $655 as of December 31, 2025 and 2024, respectively | 4 | 4 | 7 | 25 | 20 | |
| Inventories | 7 | 7 | 13 | 29 | 20 | |
| Prepaid expenses and other current assets | 2 | 5 | 2 | 4 | 3 | |
| Total current assets | 143 | 153 | 79 | 75 | 73 | |
| Property and equipment, net | 7 | 8 | 8 | 7 | 4 | |
| Operating lease right-of-use assets | 841,000 | 2 | 2 | 4 | 2 | |
| Other assets | 515,000 | 686,000 | 678,000 | 1 | 1 | |
| Total assets | 151 | 163 | 110 | 103 | 97 | |
| Accounts payable | 4 | 3 | 5 | 15 | 11 | |
| Operating lease liabilities | 331,000 | 852,000 | 782,000 | 1 | 1 | |
| Deferred revenue | 3 | 0 | 2 | 2 | 2 | |
| Accrued compensation and related benefits | 776,000 | 862,000 | 1 | 3 | 3 | |
| Accrued income taxes payable | 288,000 | 1 | 104,000 | — | — | |
| Other accrued expenses and liabilities | 2 | 2 | 917,000 | 2 | 4 | |
| Total current liabilities | 9 | 8 | 31 | 23 | 21 | |
| Long-term operating lease liabilities | 525,000 | 1 | 2 | 3 | 938,000 | |
| Other long-term liabilities | 718,000 | 29,000 | 26,000 | 25,000 | 85,000 | |
| Total liabilities | 11 | 9 | 35 | 27 | 22 | |
| Commitments and contingencies (see Note 15) | — | — | — | — | — | |
| Common stock, $0.001 par value: 50,000 shares authorized; 26,436 and 25,974 shares issued and 23,765 and 23,431 shares outstanding as of December 31, 2025 and 2024, respectively | 26,000 | 26,000 | 25,000 | 24,000 | 24,000 | |
| Additional paid-in capital | 513 | 509 | 501 | 496 | 493 | |
| Treasury stock 2,671 and 2,543 shares as of December 31, 2025 and 2024, respectively | −17 | −16 | −13 | −12 | −11 | |
| Accumulated deficit | −358 | −340 | −415 | −409 | −409 | |
| Accumulated other comprehensive income | 3 | 1 | 1 | 1 | 2 | |
| Total stockholders' equity | 141 | 154 | 74 | 75 | 75 | |
| Total liabilities and stockholders' equity | 151 | 163 | 110 | 103 | 97 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net income (loss) | −18 | 75 | −5 | −392,000 | 2 | |
| Depreciation and amortization | 2 | 3 | 3 | 2 | 2 | |
| Amortization of operating lease right-of-use assets | 424,000 | 1 | — | — | — | |
| Write down of inventory | 639,000 | 807,000 | — | — | — | |
| Amortization of debt issuance costs | — | 113,000 | 43,000 | — | 108,000 | |
| Stock-based compensation expense | 3 | 9 | 4 | — | 3 | |
| Impairment of operating lease right-of-use assets | 800,000 | — | — | — | 281,000 | |
| Loss on disposal of property and equipment | — | 98,000 | — | — | — | |
| Accounts receivable | 150,000 | 6 | 3 | −5 | −4 | |
| Inventories | −309,000 | 4 | 219,000 | −9 | 389,000 | |
| Prepaid expenses and other assets | 3 | −3 | −361,000 | −1 | −12,000 | |
| Accounts payable | 1 | −5 | −3 | 4 | −441,000 | |
| Deferred revenue | 3 | 311,000 | 613,000 | 222,000 | 67,000 | |
| Accrued income taxes payable | −885,000 | −2 | 182,000 | — | — | |
| Accrued expenses and other liabilities | −131,000 | −365,000 | −981,000 | −2 | 246,000 | |
| Operating lease liabilities | −1 | −1 | — | — | — | |
| Net cash used in operating activities | −7 | −15 | 1 | −8 | 1 | |
| Capital expenditures | −1 | −1 | −4 | −4 | −2 | |
| Proceeds from sale of discontinued operations, net of cash sold | — | 143 | — | — | — | |
| Proceeds from investment | 298,000 | — | 132,000 | 30,000 | 611,000 | |
| Net cash provided by (used in) investing activities | −810,000 | 141 | −4 | −4 | −1 | |
| Borrowings under revolving loan facility, net of issuance costs | — | 10 | 24 | — | 4 | |
| Repayments under revolving loan facility | — | −20 | −14 | — | −19 | |
| Taxes paid related to net share settlement of restricted stock units | −431,000 | −2 | −796,000 | −1 | −1 | |
| Repurchases of common stock | — | −2 | — | — | — | |
| Net cash used in financing activities | −431,000 | −14 | 10 | −1 | 19 | |
| Effect of exchange rates on cash, cash equivalents, and restricted cash | 907,000 | −864,000 | 169,000 | 48,000 | −695,000 | |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | −7 | 112 | 7 | −13 | 18 | |
| Interest paid | — | 324,000 | 451,000 | 6,000 | 340,000 | |
| Income taxes payments (refunds), net | −2 | 4 | 123,000 | 88,000 | 74,000 | |
| Dividends earned on Series B preferred stock | 824,000 | 883,000 | 1 | 1 | 1 | |
| Operating lease right-of-use assets obtained in exchange for operating lease liabilities | 65,000 | 560,000 | 2 | 4 | 183,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Identiv, Inc.'s CIK number?
Identiv, Inc.'s SEC CIK number is 0001036044 (1036044). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Identiv, Inc.'s SEC filings?
All of Identiv, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Identiv, Inc. last report earnings?
Identiv, Inc. (INVE) most recently filed an earnings 8-K with the SEC on May 13, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-221633). This is Identiv, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Identiv, Inc.'s most recent earnings 8-K?
Identiv, Inc.'s latest earnings 8-K (Item 2.02) was filed May 13, 2026 under accession 0001193125-26-221633. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Identiv, Inc.'s latest earnings 8-K →
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