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Identiv, Inc. (INVE) Fundamental Analysis & AI Grade 2026

INVE Nasdaq Computer Peripheral Equipment, NEC DE CIK: 0001036044
Updated This Month • Analysis: May 15, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
80% Confidence
STRONG AGREEMENT
C
72% Conf
C
88% Conf

📊 INVE Key Takeaways

Revenue: $7.4M
Net Margin: -46.5%
Free Cash Flow: $-3.7M
Current Ratio: 14.87x
Debt/Equity: 0.07x
EPS: $-0.15
AI Grade: C with 72% confidence
Identiv, Inc. (INVE) receives a C fundamental grade with 80% confidence from our AI analysis based on SEC 10-K filings. With revenue of $7.4M, net profit margin of -46.5%, and return on equity (ROE) of -2.5%, Identiv, Inc. demonstrates mixed fundamentals in the Technology sector. Below is our complete INVE stock analysis for 2026.

Is Identiv, Inc. (INVE) a Good Investment?

Claude

Identiv faces severe operational challenges with revenue declining 19.3% YoY while operating losses exceed 56% of shrinking revenues, indicating structural business model issues rather than temporary headwinds. Despite a fortress balance sheet with $124.5M cash and minimal debt, negative operating cash flow and deteriorating profitability trends signal fundamental deterioration that balance sheet strength alone cannot offset.

ChatGPT

Identiv's balance sheet is exceptionally strong, with very high cash reserves, minimal leverage, and substantial equity support. However, the core business fundamentals are weak: revenue is contracting sharply, gross margin has collapsed to 6.1%, and operating losses exceed revenue, while free cash flow remains meaningfully negative. Unless profitability and gross margin recover materially, the company looks financially safe in the near term but fundamentally unattractive on operating performance.

Identiv, Inc. Key Strengths (INVE)

Claude
  • + Fortress balance sheet with $137.2M stockholders' equity and minimal leverage (0.07x debt/equity)
  • + Substantial cash reserves of $124.5M providing significant operational runway
  • + Manageable debt burden of only $10M long-term debt with no immediate refinancing pressure
ChatGPT
  • + Very strong liquidity profile with $128.61M in cash and current ratio of 15.19x
  • + Low leverage with debt/equity of 0.07x and limited balance sheet risk
  • + Large equity base relative to liabilities provides downside balance sheet protection

INVE Stock Risks: Identiv, Inc. Investment Risks

Claude
  • ! Severe revenue contraction of 19.3% YoY indicating loss of market position or demand collapse
  • ! Critically low and deteriorating profitability with operating margin of -56.7% and net margin of -46.5%
  • ! Negative free cash flow of -$3.7M with negative operating cash flow indicating unsustainable burn rate
  • ! Low gross margin of 17.4% suggests either structural cost disadvantages or weak pricing power
  • ! EPS deterioration of -125.2% YoY accelerating shareholder dilution
ChatGPT
  • ! Revenue declined 19.3% YoY, indicating weak demand or execution issues
  • ! Gross margin of 6.1% and operating margin of -103.1% suggest severe profitability deterioration
  • ! Negative operating cash flow and free cash flow indicate the business is consuming cash rather than generating it

Key Metrics to Watch

Claude
  • * Revenue stabilization and return to growth trajectory
  • * Gross margin improvement through cost restructuring or product mix optimization
  • * Path to operating cash flow breakeven and positive free cash flow generation
  • * Cash burn rate and remaining runway before balance sheet becomes critical concern
ChatGPT
  • * Gross margin recovery and operating margin improvement
  • * Revenue growth stabilization and operating cash flow trend

Identiv, Inc. (INVE) Financial Metrics & Key Ratios

Revenue
$7.4M
Net Income
$-3.4M
EPS (Diluted)
$-0.15
Free Cash Flow
$-3.7M
Total Assets
$147.6M
Cash Position
$124.5M

💡 AI Analyst Insight

Strong liquidity with a 14.87x current ratio provides a solid financial cushion.

INVE Profit Margin, ROE & Profitability Analysis

Gross Margin 17.4%
Operating Margin -56.7%
Net Margin -46.5%
ROE -2.5%
ROA -2.3%
FCF Margin -50.1%

INVE vs Technology Sector: How Identiv, Inc. Compares

How Identiv, Inc. compares to Technology sector averages

Net Margin
INVE -46.5%
vs
Sector Avg 18.0%
INVE Sector
ROE
INVE -2.5%
vs
Sector Avg 22.0%
INVE Sector
Current Ratio
INVE 14.9x
vs
Sector Avg 2.5x
INVE Sector
Debt/Equity
INVE 0.1x
vs
Sector Avg 0.5x
INVE Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Identiv, Inc. Stock Overvalued? INVE Valuation Analysis 2026

Based on fundamental analysis, Identiv, Inc. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
-2.5%
Sector avg: 22%
Net Profit Margin
-46.5%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.07x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Identiv, Inc. Balance Sheet: INVE Debt, Cash & Liquidity

Current Ratio
14.87x
Quick Ratio
13.91x
Debt/Equity
0.07x
Debt/Assets
7.1%
Interest Coverage
-2.63x
Long-term Debt
$10.0M

INVE Revenue & Earnings Growth: 5-Year Financial Trend

INVE 5-year financial data: Year 2021: Revenue $103.8M, Net Income -$5.1M, EPS $-0.34. Year 2022: Revenue $112.9M, Net Income -$5.1M, EPS $-0.34. Year 2023: Revenue $116.4M, Net Income $1.6M, EPS $0.02. Year 2024: Revenue $43.4M, Net Income -$5.5M, EPS $-0.29. Year 2025: Revenue $26.6M, Net Income $74.8M, EPS $3.14.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Identiv, Inc.'s revenue has declined by 74% over the 5-year period, indicating business contraction. The most recent EPS of $3.14 reflects profitable operations.

INVE Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-50.1%
Free cash flow / Revenue

INVE Quarterly Earnings & Performance

Quarterly financial performance data for Identiv, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $5.3M -$3.4M $-0.15
Q3 2025 $5.0M -$3.5M $-0.15
Q2 2025 $5.0M -$6.0M $-0.26
Q1 2025 $5.3M -$4.6M $-0.21
Q3 2024 $6.5M -$22.0K $-0.01
Q2 2024 $6.7M -$1.1M $-0.06
Q1 2024 $22.5M -$2.7M $-0.13
Q3 2023 $31.0M -$22.0K $0.01

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Identiv, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$2.8M
Cash generated from operations
Stock Buybacks
$1.9M
Shares repurchased (TTM)
Capital Expenditures
$882.0K
Investment in assets
Dividends
None
No dividend program

INVE SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Identiv, Inc. (CIK: 0001036044)

📋 Recent SEC Filings

Date Form Document Action
Jun 2, 2026 4 xslF345X06/ownership.xml View →
May 14, 2026 10-Q inve-20260331.htm View →
May 13, 2026 8-K d122215d8k.htm View →
Apr 29, 2026 10-K/A inve-20251231.htm View →
Apr 17, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about INVE

What is the AI rating for INVE?

Identiv, Inc. (INVE) has a Combined AI Grade of C from Claude (C) and ChatGPT (C) with 80% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are INVE's key strengths?

Claude: Fortress balance sheet with $137.2M stockholders' equity and minimal leverage (0.07x debt/equity). Substantial cash reserves of $124.5M providing significant operational runway. ChatGPT: Very strong liquidity profile with $128.61M in cash and current ratio of 15.19x. Low leverage with debt/equity of 0.07x and limited balance sheet risk.

What are the risks of investing in INVE?

Claude: Severe revenue contraction of 19.3% YoY indicating loss of market position or demand collapse. Critically low and deteriorating profitability with operating margin of -56.7% and net margin of -46.5%. ChatGPT: Revenue declined 19.3% YoY, indicating weak demand or execution issues. Gross margin of 6.1% and operating margin of -103.1% suggest severe profitability deterioration.

What is INVE's revenue and growth?

Identiv, Inc. reported revenue of $7.4M.

Does INVE pay dividends?

Identiv, Inc. does not currently pay dividends.

Where can I find INVE SEC filings?

Official SEC filings for Identiv, Inc. (CIK: 0001036044) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is INVE's EPS?

Identiv, Inc. has a diluted EPS of $-0.15.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is INVE's fundamental grade?

Based on our AI fundamental analysis in June 2026, Identiv, Inc. has a C grade with 80% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is INVE stock overvalued or undervalued?

Valuation metrics for INVE: ROE of -2.5% (sector avg: 22%), net margin of -46.5% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

What is INVE's AI grade for 2026?

Our dual AI analysis gives Identiv, Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is INVE's free cash flow?

Identiv, Inc.'s operating cash flow is $-2.8M, with capital expenditures of $882.0K. FCF margin is -50.1%.

How does INVE compare to other Technology stocks?

Vs Technology sector averages: Net margin -46.5% (avg: 18%), ROE -2.5% (avg: 22%), current ratio 14.87 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 15, 2026 | Data as of: 2026-03-31 | Powered by Claude AI