| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 7.41 | 40.6% |
| Total Income | 7.41 | 40.6% |
| Expenditure | 11.62 | 8.2% |
| PBT | -3.44 | 28.2% |
| Net Profit | -3.45 | 28.0% |
| OPM | -56.71% | |
| NPM | -46.51% | 44.38pp |
| EPS | -0.15 | 28.6% |
Identiv Reports Q1 2026 Revenue $7.4 Million, Exceeds Guidance
14 May 2026 · 14 May, 1:48 am
Summary
Identiv reported first quarter 2026 financial results, exceeding Q1 guidance. Revenue for the first quarter of 2026 was $7.4 million, compared to $5.3 million in the first quarter of 2025. First quarter 2026 GAAP net loss was ($3.4) million, or ($0.15) per basic and diluted share, compared to GAAP net loss of ($4.8) million, or ($0.21) per basic and diluted share, in the first quarter of 2025. For the second quarter of 2026, management currently expects net revenue to be in the range of $5.4 million to $6.0 million.
Key Highlights
- 1
Identiv's first quarter revenue reached $7.4 million, surpassing previous guidance.
- 2
The year-over-year revenue increase was higher than expected due to a customer ordering their full-year 2026 sales volume in Q1.
- 3
First quarter GAAP gross margin was 17.4%, while non-GAAP gross margin was 23.8%.
- 4
GAAP net loss for the first quarter was ($3.4) million, or ($0.15) per basic and diluted share.
- 5
Non-GAAP operating expenses were $4.4 million in the first quarter of 2026.
- 6
The company expects net revenue for the second quarter of 2026 to be in the range of $5.4 million to $6.0 million.
Management Comments
Kirsten Newquist
During the recent quarter, I am pleased to share that we delivered results that exceeded our guidance and expectations. Our financial performance reflects strong demand from our customers at the start of the year and our ability to convert our opportunity pipeline into sales. Our Perform-Accelerate-Transform (P-A-T) strategy continued to drive our momentum in the first quarter and positions us well as we focus on the execution of our most important development programs.
Informational and educational content only. Not investment advice.