Quarterly ResultMay 14, 2026, 02:52 PM
Identiv Q1 Revenue +41% to $7.41M; Net Loss $(3.45)M
AI Summary
Identiv, Inc. reported a significant improvement in its first quarter 2026 financial results, with net revenue increasing by 41% to $7.41 million and gross profit surging by 878% to $1.29 million. The company also narrowed its net loss to $(3.45) million, or $(0.15) per share, compared to a net loss of $(4.79) million, or $(0.21) per share, in the prior year. Operating activities used less cash, and restructuring expenses were significantly reduced.
Key Highlights
- Net revenue increased 40.7% to $7.41 million for Q1 2026 from $5.27 million in Q1 2025.
- Gross profit surged 878% to $1.29 million in Q1 2026, up from $0.13 million in Q1 2025.
- Net loss improved to $(3.45) million, or $(0.15) per share, from $(4.79) million, or $(0.21) per share, year-over-year.
- Net cash used in operating activities decreased to $(2.84) million in Q1 2026 from $(3.28) million in Q1 2025.
- Restructuring and severance expenses significantly reduced to $22 thousand in Q1 2026 from $260 thousand in Q1 2025.
- Americas revenue grew 141.9% to $5.41 million, representing 73% of total net revenue.
- Europe and Middle East revenue decreased 19.5% to $1.44 million, while Asia-Pacific revenue fell 54.9% to $0.56 million.
- Cash and cash equivalents were $124.53 million as of March 31, 2026, down from $128.61 million at year-end 2025.
Price Impact
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