Q2 FY2026 EarningsQ2 FY26 missed consensus estimates significantly across all profitability metrics, despite revenue coming in close to expectations at $5.68M vs. $5.73M. The GAAP gross margin of 16.1% fell far short of the 22.2% consensus, while the operating loss of -$5.51M was much wider than the expected EBIT of -$4.52M. Diluted GAAP EPS was -$0.20 compared to the -$0.15 consensus. The quarter was overshadowed by the announced $50M sale of the IoT Business to Trackonomy Systems, which will pivot the company toward a new "Physical AI Solutions" model with currently nominal recurring revenue.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Identiv(INVE) the Revenue is 5.681 M (+12.72%), Miss estimate;the EBIT is -5.511 M (+13.72%), Miss estimate;the EPS is -0.2 (+23.08%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
0.01B12.72%
0.01B14.09%
-0.00B1.37%
EBITMiss expectations
-0.01B13.72%
-0.00B29.26%
-0.00B15.54%
EPSMiss expectations
-0.223.08%
-0.14544.23%
-0.055021.15%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf