--- title: "Identiv | 8-K: FY2025 Q4 Revenue Beats Estimate at USD 6.166 M" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/278940446.md" datetime: "2026-03-12T20:38:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278940446.md) - [en](https://longbridge.com/en/news/278940446.md) - [zh-HK](https://longbridge.com/zh-HK/news/278940446.md) --- > 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/278940446.md) | [English](https://longbridge.com/en/news/278940446.md) # Identiv | 8-K: FY2025 Q4 Revenue Beats Estimate at USD 6.166 M Revenue: As of FY2025 Q4, the actual value is USD 6.166 M, beating the estimate of USD 5.65 M. EPS: As of FY2025 Q4, the actual value is USD -0.16, beating the estimate of USD -0.1667. EBIT: As of FY2025 Q4, the actual value is USD -5.891 M. ### Financial Results for Fiscal Fourth Quarter 2025 #### Revenue Identiv, Inc. reported revenue of $6.2 million for the fourth quarter of 2025, a decrease from $6.7 million in the fourth quarter of 2024, attributed to the exit of lower-margin business . #### Gross Margin GAAP gross margin was 18.1% in the fourth quarter of 2025, significantly up from -14.9% in the fourth quarter of 2024 . Non-GAAP gross margin was 25.6% in the fourth quarter of 2025, compared to -5.2% in the fourth quarter of 2024 . GAAP gross profit was $1,115 thousand in Q4 2025, compared to -$995 thousand in Q4 2024 . Non-GAAP gross profit was $1,579 thousand in Q4 2025, compared to -$349 thousand in Q4 2024 . The year-over-year improvement reflects reduced direct labor and manufacturing overhead costs due to the production transition to Thailand . #### Operating Expenses GAAP operating expenses were $5.8 million in the fourth quarter of 2025, compared to $5.6 million in the fourth quarter of 2024 . Non-GAAP operating expenses were $4.1 million in the fourth quarter of 2025, consistent with $4.1 million in the fourth quarter of 2024 . Total GAAP operating expenses were $5,824 thousand in Q4 2025, compared to $5,630 thousand in Q4 2024 . Total Non-GAAP operating expenses were $4,053 thousand in Q4 2025, compared to $4,110 thousand in Q4 2024 . #### Net Loss from Continuing Operations GAAP net loss from continuing operations was -$3.7 million in the fourth quarter of 2025, an improvement from -$4.3 million in the fourth quarter of 2024 . The loss from continuing operations was -$4,709 thousand in Q4 2025, compared to -$6,625 thousand in Q4 2024 . This reduction was primarily due to the production transition to Thailand and disciplined operating expense spending . #### Adjusted EBITDA Non-GAAP adjusted EBITDA loss in the fourth quarter of 2025 was -$2.5 million, compared to -$4.5 million in the fourth quarter of 2024 . #### Other Financial Items (Q4 2025) Interest income, net, was $1,182 thousand in Q4 2025, compared to $1,344 thousand in Q4 2024 . Foreign currency gains, net, were $277 thousand in Q4 2025, compared to $733 thousand in Q4 2024 . Income tax provision was -$471 thousand in Q4 2025, compared to a benefit of $271 thousand in Q4 2024 . Net loss for Q4 2025 was -$3,721 thousand, compared to -$355 thousand in Q4 2024 . Net loss available to common stockholders was -$3,928 thousand in Q4 2025, compared to -$556 thousand in Q4 2024 . ### Financial Results for Fiscal Year 2025 #### Revenue Revenue for fiscal year 2025 was $21.5 million, compared to $26.6 million in fiscal year 2024 . #### Gross Margin Fiscal year 2025 GAAP gross margin was 6.1%, an increase from 1.3% in fiscal year 2024 . Non-GAAP gross margin was 14.3% in fiscal year 2025, up from 8.0% in fiscal year 2024 . GAAP gross profit was $1,307 thousand in FY 2025, compared to $340 thousand in FY 2024 . Non-GAAP gross profit was $3,063 thousand in FY 2025, compared to $2,133 thousand in FY 2024 . The expansion in gross margin reflects the lower cost structure and operational efficiencies gained from moving production to Thailand and shutting down the Singapore site . #### Operating Expenses GAAP operating expenses were $23.5 million in fiscal year 2025, compared to $28.3 million in fiscal year 2024 . Non-GAAP operating expenses were $17.6 million in fiscal year 2025, compared to $17.9 million in fiscal year 2024 . Total GAAP operating expenses were $23,453 thousand in FY 2025, compared to $28,301 thousand in FY 2024 . Total Non-GAAP operating expenses were $17,593 thousand in FY 2025, compared to $17,924 thousand in FY 2024 . Fiscal year 2024 GAAP operating expenses included higher strategic review-related costs of $5.3 million . #### Net Loss from Continuing Operations Fiscal year 2025 GAAP net loss from continuing operations was -$18.0 million, compared to -$25.9 million in fiscal year 2024 . The loss from continuing operations was -$22,146 thousand in FY 2025, compared to -$27,961 thousand in FY 2024 . #### Adjusted EBITDA Non-GAAP adjusted EBITDA loss in fiscal year 2025 was -$14.5 million, compared to -$15.8 million in fiscal year 2024 . #### Other Financial Items (FY 2025) Interest income, net, was $5,023 thousand in FY 2025, compared to $1,352 thousand in FY 2024 . Foreign currency losses, net, were -$1,148 thousand in FY 2025, compared to gains of $788 thousand in FY 2024 . Income tax benefit was $268 thousand in FY 2025, compared to a provision of -$90 thousand in FY 2024 . Net loss for FY 2025 was -$18,003 thousand, compared to a net income of $74,820 thousand in FY 2024 . Net loss available to common stockholders was -$18,827 thousand in FY 2025, compared to net income of $73,937 thousand in FY 2024 . #### Balance Sheet Highlights (as of December 31, 2025) Cash and cash equivalents were $128,609 thousand . Total current assets were $142,665 thousand . Total assets were $151,337 thousand . Total current liabilities were $9,393 thousand . Total liabilities were $10,636 thousand . Total stockholders’ equity was $140,701 thousand . #### Operational Metrics Identiv, Inc. signed an exclusive multi-year agreement to serve as the exclusive supplier for specialized, next-generation BLE smart labels . The company completed its two-year manufacturing transition to Thailand, which has structurally reduced its cost profile and significantly increased efficiency . ### Financial Outlook For the first quarter of fiscal 2026, Identiv, Inc. expects net revenue to be in the range of $6.7 million to $7.2 million . The company is focused on scaling production for high-volume specialized BLE smart labels, expanding its customer base, and launching new products . This outlook is based on current market conditions and expectations, including macroeconomic conditions and customer demand . ### 相關股票 - [Identiv (INVE.US)](https://longbridge.com/zh-HK/quote/INVE.US.md) ## 相關資訊與研究 - [CashCo erneuert Vertrag mit Inverite Insights Inc. für Bankverifizierung und Identitätsprüfung](https://longbridge.com/zh-HK/news/274618838.md) - [Raspberry Pi Holdings plc GAAP EPS of $0.14, revenue of $323.2M](https://longbridge.com/zh-HK/news/281152477.md) - [ZyVersa Therapeutics GAAP EPS of -$4.18](https://longbridge.com/zh-HK/news/281255183.md) - [Largo Resources GAAP EPS of -$0.22, revenue of $22.27M; reaffirms FY26 outlook](https://longbridge.com/zh-HK/news/281476117.md) - [Enveric Biosciences GAAP EPS of -$6.12](https://longbridge.com/zh-HK/news/280983365.md)