Identiv Reports Fourth Quarter and Fiscal Year 2025 Financial Results, Exceeds Q4 Guidance and Signs Multi-Year Supply Agreement

About this update from Identiv, Inc.

[{"type":"text","content":"Fourth Quarter Net Revenue Exceeds Guidance Driven by Growth with Key Customers and Operational Excellence","length":106,"tagName":"p","attribs":{}},{"type":"text","content":"Significant Advancement in Bluetooth Low Energy Strategy Results in Exclusive Multi-Year Supply Agreement","length":105,"tagName":"p","attribs":{}},{"type":"text","content":"SANTA ANA, Calif., March 12, 2026 /PRNewswire/ -- Identiv, Inc. (NASDAQ: INVE), a global leader in RFID- and BLE-enabled Internet of Things (IoT) solutions, today released its financial results for the fourth quarter and fiscal year ended December 31, 2025.","length":262,"tagName":"p"},{"type":"text","content":""During the fourth quarter, we delivered results that exceeded our guidance and expectations, reflecting the higher-than-expected sales from key customers and the successful completion of our two-year manufacturing transition to Thailand, which has structurally reduced our cost profile and significantly increased efficiency," said Identiv CEO Kirsten Newquist.","length":372,"tagName":"p"},{"type":"text","content":""We have made considerable progress across our Perform-Accelerate-Transform (P-A-T) strategy and most recently achieved a significant win. We signed an exclusive multi-year agreement to serve as the exclusive supplier for specialized, next-generation BLE smart labels," added Newquist. "As we move into 2026, we are focused on scaling production for high-volume specialized BLE smart labels, expanding our customer base, and launching new products to capture opportunities in the rapidly growing global IoT market."","length":535,"tagName":"p"},{"type":"text","content":"Financial Results for Fiscal Fourth Quarter 2025Revenue for the fourth quarter of 2025 was $6.2 million, compared to $6.7 million in the fourth quarter of 2024. This year-over-year decrease was as expected and due to the exit of lower-margin business which we did not transfer to Thailand.","length":290,"tagName":"p"},{"type":"text","content":"Fourth quarter 2025 GAAP gross margin was 18.1% and non-GAAP gross margin was 25.6%, compared to fourth quarter 2024 GAAP gross margin of (14.9%) and non-GAAP gross margin of (5.2%). The year-over-year improvement primarily reflects the reduction in direct labor and manufacturing overhead costs associated with the transition of all produ...

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