Slide 1: Earnings Conference Call Q4 and FY 2025
Earnings Conference Call Q4 and FY 2025 March 12, 2026
Slide 2: Safe Harbor | Note Regarding Forward-Looking Information
Safe Harbor | Note Regarding Forward-Looking Information This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are those involving future events and future results that are based on current expecta
Slide 3: Safe Harbor (con't.) | Non-GAAP Financial Measures
Safe Harbor | Note Regarding Forward-Looking Information (con’t.) Non-GAAP Financial Measures (Unaudited) This presentation includes financial information that has not been prepared in accordance with accounting principles generally accepted in the United States (GAAP), including non-GAAP adjusted E
Slide 4: Agenda
AGENDA • Quarterly Business Update: Q4 2025 • Financial Review: Q4 and Fiscal Year 2025 • Business Outlook: Perform-Accelerate-Transform • Q&A Session © 2026 Identiv, Inc. All Rights Reserved | 4
Slide 5: Business Update | Q4 2025
Business Update | Q4 2025 • Continued advancements made across our Perform, Accelerate, and Transform strategy • Significant progress on the development of a specialized BLE label for IFCO, a leading global provider of reusable packaging solutions for fresh food • On Tuesday, we announced we signed
Slide 6: Financial Review | Q4 and FY 2025
Financial Review | Q4 and FY 2025
Slide 7: Financial Results | Q4 2025
Financial Results | Q4 2025 Metric Q4 2025 Q4 2024 Commentary Net Revenue $6.2M $6.7M Exit of lower-margin business GAAP Gross Margin 18.1% (14.9%) Elimination of fixed manufacturing costs associated with discontinued Singapore operations and improved utilization of Non-GAAP Gross Margin* 25.6% (5.2
Slide 8: Financial Results | FY 2025
Financial Results | FY 2025 Metric FY 2025 FY 2024 Net Revenue $21.5M $26.6M GAAP Gross Margin 6.1% 1.3% Non-GAAP Gross Margin* 14.3% 8.0% GAAP Operating Expenses $23.5M $28.3M Non-GAAP Operating Expenses* $17.6M $17.9M GAAP Net Loss from Continuing Operations** ($18.0M) ($25.9M) EPS from Continuing
Slide 9: Q4 2025 Balance Sheet and Cash Flow and Financial Outlook
Q4 2025 Balance Sheet and Cash Flow ($ in millions) and Financial Outlook Financial Outlook for Q1 2026 Net Revenue: $6.7M - $7.2M** * Includes restricted cash. Numbers may include rounding differences ** Estimated, subject to change. © 2026 Identiv, Inc. All Rights Reserved | 9
Slide 10: Business Outlook
Business Outlook Perform. Accelerate. Transform.
Slide 11: Perform. Accelerate. Transform. Our Strategy for Success
Perform. Accelerate. Transform. Our Strategy for Success Perform Accelerate Transform Deliver exceptional results for Accelerate growth in key high value Create significant business customers and drive operational segments and through technology expansion and capability growth excellence innovation
Slide 12: Perform | Strengthen & Grow the Core Business
Perform | Strengthen & Grow the Core Business Progress We Have Made in 2025 Key Initiatives in 2026 • 100% of RFID production at Thailand facility • Shift to make-to-forecast model for key with Singapore site shutdown completed at customers and implement Sales and Operations year end Planning proces
Slide 13: Accelerate | Growth in High-Value Segments
Accelerate | Growth in High-Value Segments Progress We Have Made in 2025 Key Initiatives in 2026 • Produced 30,000 IFCO prototypes for use in • Complete development and scale up of IFCO’s proof-of-concept trials customized BLE smart label • Completed 5 customer driven NPD and • Drive growth in oppor
Slide 14: Transform | Strategic M&A
Transform | Strategic M&A What It Means For Identiv Focus for 2026 • Create significant business expansion and • Dedicated team working with our financial capability growth through M&A for long- advisor, Raymond James, to evaluate our strategic term success alternatives • Focus on expanding the busi
Slide 15: P-A-T New Metrics
P-A-T New Metrics • Several metrics have been developed to monitor our progress across our strategic objectives • We learned, refined, and have established targets for 2026 Key Metric Description End of 2025 Target End of 2026 • 101 “new” opportunities • Number of opportunities • 29 converted opport
Slide 16: Key Takeaways
Key Takeaways Committed to advancing specialized IoT solutions, expanding BLE 1 capabilities, and leveraging advantages of Thailand-based production By continuing to execute against our Perform, Accelerate, and 2 Transform strategy, expect to be well-positioned to capture future growth opportunities
Slide 17: Thank You
THANK YOU Visit identiv.com for more information 17 | 17 © 2026 Identiv, Inc. All Rights Reserved
Slide 18: Appendix
Appendix
Slide 19: Strong Macro Trends Driving Demand for Identiv's Unique Value Proposition
Strong Macro Trends Driving Demand for Identiv’s Unique Value Proposition Strong Macro Trends Driving Demand for RFID and Next Gen Technologies Compelling Benefits from Digital ID of Products through RFID Identiv Plans To Execute its “Perform, Accelerate, and Transform” Strategy to Grow Sales Emergi
Slide 20: Condensed Consolidated Statements of Operations
Identiv, Inc. Condensed Consolidated Condensed Consolidated Statements of Operations (in thousands, except per share data) (unaudited) Statements of Operations Three Months Ended December 31, December 31, Year Ended December 31, December 31, (unaudited, $ in thousands) Net revenue $ 2025 6,166 $ 202
Slide 21: Condensed Consolidated Balance Sheets
Identiv, Inc. Condensed Consolidated Condensed Consolidated Balance Sheets (in thousands) (unaudited) Balance Sheets December 31, 2025 September 30, 2025 December 31, 2024 (unaudited, $ in thousands) ASSETS Current assets: Cash and cash equivalents $ 128,609 $ 126,266 $ 135,646 Restricted cash 300 3
Slide 22: Reconciliation of GAAP to Non-GAAP Financial Information – Continuing Operations
Reconciliation of GAAP to Identiv, Inc. Reconciliation of GAAP to Non-GAAP Financial Information - Continuing Operations (in thousands) (unaudited) Non-GAAP Financial Three Months Ended December 31, December 31, Year Ended December 31, December 31, Information – Continuing 2025 2024 2025 2024 Reconc