Identiv, Inc. (INVE) Income Statement
INVE 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsINVE revenue and net income
Where INVE's revenue goes
2025Each bar shows an amount and its share of revenue. INVE kept −83.8% of revenue as net income.
INVE profit margins
INVE growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −19.3% | −42.5% | −24.4% | −9.9% |
| Gross profit | +284.4% | −68.3% | −47.8% | −25.0% |
| Operating income | — | — | — | — |
| Net income | −124.1% | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
INVE quarterly EPS vs estimates
Identiv beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 9, 2026 (estimate $-0.10).
INVE income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $21.5M | $26.6M | $43.4M | $112.9M | $103.8M | $86.9M | $83.8M | $78.1M | $60.2M | $56.2M |
| Cost of revenue | $20.2M | $26.3M | $37.4M | $72.0M | $66.7M | $53.2M | $47.1M | $44.8M | $38.1M | $32.4M |
| Gross profit | $1.3M | $340,000 | $6.0M | $40.9M | $37.1M | $33.7M | $36.7M | $33.3M | $22.2M | $23.7M |
| Research & development | $3.3M | $3.9M | $4.4M | $9.9M | $8.7M | $9.8M | $8.6M | $7.2M | $6.1M | $6.5M |
| Sales, general & admin | $18.7M | $23.9M | $15.0M | $31.2M | $28.9M | $25.9M | $27.6M | $27.2M | $20.7M | $25.3M |
| Total operating expenses | $21.9M | $28.3M | $19.5M | $41.1M | $37.6M | $35.7M | $36.8M | $34.5M | $26.8M | $31.9M |
| Operating income | −$20.6M | −$28.0M | −$13.5M | −$131,000 | −$530,000 | −$2.0M | −$109,000 | −$1.9M | −$4.6M | −$11.2M |
| Interest income | $5.0M | $1.4M | — | — | — | — | $716,000 | $1.3M | $2.9M | $2.4M |
| Interest expense | — | $1.4M | $427,000 | $143,000 | $483,000 | $1.5M | $917,000 | $1.5M | $2.6M | $2.4M |
| Income before taxes | −$18.3M | −$25.8M | −$13.8M | −$291,000 | $1.6M | −$5.0M | −$825,000 | −$4.5M | −$8.4M | −$13.6M |
| Income taxes | −$268,000 | $90,000 | $65,000 | $101,000 | $28,000 | $73,000 | $326,000 | $155,000 | −$214,000 | $132,000 |
| Net income | −$18.0M | $74.8M | −$5.5M | −$392,000 | $1.6M | −$5.1M | −$1.2M | −$4.7M | −$8.1M | −$13.7M |
| EBITDA | −$15.8M | −$24.6M | −$10.7M | $2.1M | $1.4M | $1.3M | $3.7M | $137,000 | −$3.0M | −$8.0M |
| EPS (diluted) | −$0.52 | −$0.49 | −$0.06 | $0.06 | −$0.15 | −$0.26 | −$0.10 | −$0.21 | −$0.53 | −$1.01 |
| Gross margin | 6.1% | 1.3% | 13.8% | 36.3% | 35.7% | 38.7% | 43.8% | 42.7% | 36.8% | 42.2% |
| Operating margin | −96.0% | −105.0% | −31.1% | −0.1% | −0.5% | −2.3% | −0.1% | −2.4% | −7.7% | −20.0% |
| Net margin | −83.8% | 281.0% | −12.6% | −0.3% | 1.6% | −5.9% | −1.4% | −6.0% | −13.5% | −24.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.7M | $7.4M | $6.2M | $5.0M | $5.0M | $5.3M | $6.7M | $6.5M | $6.7M | $6.7M | $29.0M | $11.7M |
| Cost of revenue | $4.8M | $6.1M | $5.1M | $4.5M | $5.5M | $5.1M | $7.7M | $6.3M | $6.1M | $6.2M | $18.8M | $10.4M |
| Gross profit | $916,000 | $1.3M | $1.1M | $534,000 | −$474,000 | $132,000 | −$995,000 | $238,000 | $614,000 | $483,000 | $10.2M | $1.3M |
| Research & development | $950,000 | $1.0M | $773,000 | $828,000 | $890,000 | $787,000 | $922,000 | $1.1M | $966,000 | $897,000 | $3.0M | $1.0M |
| Sales, general & admin | $5.4M | $4.5M | $4.6M | $4.9M | $4.6M | $4.6M | $4.2M | $8.7M | $6.4M | $4.6M | $8.5M | $3.6M |
| Total operating expenses | $6.4M | $5.5M | $5.4M | $6.1M | $5.9M | $5.6M | $5.6M | $9.8M | $7.3M | $5.5M | $11.8M | $4.6M |
| Operating income | −$5.5M | −$4.2M | −$4.3M | −$5.6M | −$6.4M | −$5.5M | −$6.6M | −$9.6M | −$6.7M | −$5.1M | −$1.6M | −$3.3M |
| Interest income | $995,000 | $1.0M | $1.2M | $1.3M | $1.3M | $1.2M | — | $244,000 | — | — | — | — |
| Interest expense | — | — | $2.5M | — | $1.3M | $1.2M | $1.1M | $244,000 | $149,000 | $87,000 | $76,000 | $211,000 |
| Income before taxes | −$4.6M | −$3.4M | −$3.2M | −$4.3M | −$5.9M | −$4.8M | −$4.5M | −$9.0M | −$6.9M | −$5.4M | −$1.5M | −$3.6M |
| Income taxes | $12,000 | $5,000 | $471,000 | −$847,000 | $105,000 | $3,000 | −$271,000 | $360,000 | −$5,000 | $6,000 | $103,000 | $13,000 |
| Net income | −$4.9M | −$3.4M | −$3.7M | −$3.5M | −$6.0M | −$4.8M | −$355,000 | $85.9M | −$6.2M | −$4.6M | −$1.6M | −$22,000 |
| EBITDA | −$4.0M | −$2.8M | −$2.7M | −$3.7M | −$5.3M | −$4.6M | −$5.4M | −$8.8M | −$6.4M | −$4.0M | −$693,000 | −$2.7M |
| EPS (diluted) | −$0.20 | −$0.08 | −$0.07 | −$0.07 | −$0.26 | −$0.12 | −$0.10 | −$0.19 | −$0.11 | −$0.09 | −$0.08 | $0.06 |
| Gross margin | 16.1% | 17.4% | 18.1% | 10.7% | −9.4% | 2.5% | −14.9% | 3.6% | 9.1% | 7.3% | 35.1% | 11.2% |
| Operating margin | −97.0% | −56.4% | −69.2% | −111.4% | −126.7% | −103.8% | −98.9% | −146.2% | −99.7% | −76.0% | −5.6% | −28.3% |
| Net margin | −85.6% | −46.5% | −60.3% | −68.9% | −119.9% | −90.9% | −5.3% | 1,315.8% | −92.2% | −68.5% | −5.5% | −0.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in INVE's financial statements (latest annual report filed March 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
INVE financial results
In fiscal year 2025 (ended December 31, 2025), Identiv reported revenue of $21.5 million, down 19.3% from the year before. It had a net loss of $18.0 million, a net profit margin of −83.8%. Diluted earnings per share came to −$0.52. Over five years revenue grew at an average rate of −24.4% a year.
See the INVE stock overview for the latest quote and news, or the INVE chart for price history and technical indicators.
INVE income statement FAQ
What is Identiv's annual revenue?
Identiv reported total revenue of $21.5 million for fiscal year 2025, which ended on December 31, 2025. That was down 19.3% from $26.6 million the previous year.
Is Identiv profitable?
No. Identiv reported a net loss of $18.0 million in fiscal 2025, a net profit margin of −83.8%; its operating margin was −96.0%.
What is Identiv's gross margin?
Identiv's gross margin was 6.1% in fiscal 2025: for every $100 of revenue, Identiv kept $6 after the direct cost of its products and services.
How much does Identiv spend on research and development?
Identiv spent $3.3 million on research and development in fiscal 2025, 15.3% of revenue.
How fast is Identiv growing?
Revenue grew −24.4% a year on average over the last five fiscal years, from $86.9 million to $21.5 million.
What are Identiv's earnings per share?
Identiv earned $-0.52 per diluted share in fiscal 2025, compared with $-0.49 a year earlier.
When will Identiv report its next earnings?
Identiv is expected to report results for the quarter ending September 30, 2026 on November 9, 2026 after the market closes.
When does Identiv's fiscal year end?
Identiv's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 26, 2026.