Identiv, Inc. reports developments in RFID- and Bluetooth Low Energy-enabled Internet of Things solutions that give physical products digital identities. Company news centers on RFID inlays, tags, labels, ID-Safe HF and NFC tags, BLE smart labels, and applications in healthcare, logistics, consumer electronics, luxury goods, smart packaging, pharmaceuticals, food and beverage, and retail.
Recurring updates include quarterly financial results, earnings calls, customer and supply agreements, product authentication and tamper-detection offerings, cold-chain tracking partnerships, and manufacturing capabilities for multicomponent RFID and BLE tags. News also covers the completed move of manufacturing from Singapore to Bangkok, Thailand, and operational updates tied to its Perform-Accelerate-Transform strategy.
INVE Technologies (NASDAQ: INVE) reported third-quarter 2026 net income of $588,000 following its completed sale of the IoT business to Trackonomy. Earnings were $0.02 per basic and diluted share, versus a $0.15 loss a year earlier. Revenue fell to $3.088 million from $5.009 million; it covers activity only through the September 15 closing and is not comparable with the full prior-year quarter.
GAAP gross margin rose to 18.3% from 10.7%, but operating expenses increased to $8.805 million from $6.116 million. Profit included a $6.127 million asset-sale gain and a $1.817 million foreign-subsidiary dissolution gain. Adjusted EBITDA, a non-GAAP earnings measure, remained negative at $3.035 million, versus negative $3.568 million. INVE currently has no commercial revenue and is not providing guidance. It signed a partnership agreement with Trackonomy and plans targeted enterprise SaaS acquisitions focused on physical AI.
INVE Technologies (NASDAQ: INVE) has entered into a definitive partnership agreement with Trackonomy to deploy physical AI across acquired enterprise software businesses. The agreement sets commercial terms for preferential pricing, software licensing and revenue sharing on jointly offered solutions. INVE will act as a preferred reseller, while Trackonomy will supply infrastructure, install customer-site hardware and help move applications onto its platform.
INVE anticipates integrating Trackonomy’s infrastructure and Sentient platform into acquired software products. The company expects verified real-world operational data to support premium offerings designed to increase contract values and improve operating margins. INVE also holds preferred equity in Trackonomy, and the companies maintain reciprocal non-voting board observer seats.
INVE Technologies (NASDAQ: INVE) will hold its third-quarter earnings teleconference and webcast on November 12, 2026, at 5:00 PM EST. The discussion will cover financial results for the quarter ended September 30, 2026. Results will be published before the call, and a teleconference replay will be available through November 26, 2026.
INVE Technologies (INVE) revised its preliminary third-quarter 2026 results from a net profit to a net loss.
For the quarter ended September 30, preliminary net income of $0.4 million to $0.8 million became a net loss of $1.1 million to $1.3 million, or $0.05 to $0.06 per share. All other preliminary results remain unchanged, including expected September 30 cash of $87.1 million. Results remain unaudited and subject to revision.
INVE Technologies (INVE) commenced a modified Dutch auction tender offer to repurchase up to $20 million of its common stock. The offer runs from $2.85 to $3.40 per share and expires at 5:00 p.m. New York City time on November 19, 2026, unless extended or terminated. The October 20 closing price was $2.22. The repurchase will use cash on hand and is part of an authorized program of up to $40 million.
For the third quarter ended September 30, 2026, the company expects preliminary unaudited revenue of $2.9 million–$3.1 million, gross margin of 18%–19%, and net income of $0.4 million–$0.8 million, or $0.01–$0.02 per share. Cash was $87.1 million at quarter-end. These estimates reflect the September 15 closing of the Trackonomy asset sale and remain subject to closing procedures and independent accountant review. Complete results are expected on or about November 12, 2026.
Identiv (INVE) has closed the sale of its legacy Identiv brand and IoT business assets to Trackonomy Systems and changed its corporate name to INVE Technologies, Inc. Shares continue to trade on Nasdaq under the ticker INVE.
At closing, INVE Technologies received $50 million in Trackonomy preferred equity, subject to post-closing adjustment, and the company plans to build a physical AI compliance SaaS business, supported by an expected strategic partnership with Trackonomy and targeted SaaS acquisitions. INVE Technologies appointed James Greenwell as Interim CEO effective September 21, 2026, while current CEO Kirsten Newquist will resign on that date and leave the board on September 30, 2026.
Identiv (NASDAQ: INVE) announced that its secure NFC technology powers ZATAP's Phygital Studio, a platform that turns physical merchandise such as apparel, collectibles and keychains into authenticated digital touchpoints. A smartphone tap on an NFC‑enabled product can unlock personalized content, exclusive offers, ticket access, digital collectibles and donation pathways without requiring an app.
The solution provides each item with a unique, tamper‑resistant digital identity, enabling brands, artists and sports teams to verify product authenticity and maintain direct, updatable engagement with product owners. Use cases include campaigns for Ben Folds, Clueso/Sony Music Germany and the Nashville Predators' Pekka Rinne jersey retirement.
Identiv (NASDAQ: INVE) reported fiscal Q2 2026 net revenue of $5.7 million, up from $5.0 million a year earlier, driven by higher RFID transponder sales. GAAP gross margin improved to 16.1% from (9.4)%, while non-GAAP gross margin rose to 24.5% from (0.8)%, mainly due to lower manufacturing costs after shifting production from Singapore to Thailand and reduced inventory obsolescence charges.
GAAP operating expenses increased to $6.4 million, primarily from strategic review costs, but non-GAAP operating expenses declined to $4.0 million. GAAP net loss narrowed to $(4.7) million, or $(0.20) per share, and non-GAAP adjusted EBITDA loss improved to $(2.7) million. The company signed an IoT asset purchase agreement with Trackonomy on June 24, 2026, expected to close in Q3, and plans to focus its go-forward strategy on physical AI solutions via compliance SaaS acquisitions.
According to Identiv, the board currently intends to return up to $40 million to stockholders via repurchases, dividends, or other distributions, and the company expects to resume share buybacks before the asset sale closes. Q3 2026 net revenue is guided to $4.1–$4.8 million, reflecting demand softness, a temporary pause in orders from a large consumer-facing customer, and chip allocation delays.
Identiv (NASDAQ: INVE) announced it will release its second quarter 2026 financial results after the market close on Wednesday, August 12, 2026. The results will be issued via press release and posted in the investor relations section of Identiv's website. Due to the previously announced pending asset sale to Trackonomy Systems, Identiv will not host a conference call to discuss these results.
Identiv (NASDAQ: INVE) expanded its ID-Tiny product family, a portfolio of ultra-miniaturized HF/NFC inlays and tags designed for space-constrained, high-value items in healthcare, luxury goods, electronics, and smart packaging. The enlarged range now includes eight miniature HF tags supporting ISO15693 and leading ICs, and is available immediately.