---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-135953"
form_type: "8-K"
ticker: "INVE"
cik: "0001036044"
company_name: "Identiv, Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T19:28:54.760767+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Identiv Q1 revenue $26.0M, record; net loss $2.7M; FY guidance reaffirmed $125-130M

## Summary
- Q1 revenue $26.0M (+4% YoY); Identity $14.7M, Premises $11.3M; record fiscal Q1 revenue.
- GAAP net loss $2.7M ($0.13/sh) vs. loss $1.0M ($0.06/sh) in Q1 2022; non-GAAP adjusted EBITDA ($0.9)M.
- Shipped 10M Wiliot IoT Pixels in Q1, on track for 14M in Q2; follow-on order of similar magnitude for 2023.
- Thailand production facility on schedule for first runs in July 2023; expects margins to expand.
- FY 2023 revenue guidance reaffirmed at $125M-$130M; normal seasonality expected.

## SEC filing metadata
- accession: 0001193125-23-135953
- form_type: 8-K
- ticker: INVE
- cik: 0001036044
- company_name: Identiv, Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1036044/000119312523135953/0001193125-23-135953-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1036044/000119312523135953/d326125d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-135953
- JSON: https://secwatch.observer/filing/0001193125-23-135953.json
- Plain text: https://secwatch.observer/filing/0001193125-23-135953.txt

## Key facts
- Earnings Releases
  Identiv, Inc. reported first quarter ended March 31, 2023 results: revenue $26.0 million, net income $2.7 million, EPS ($0.13) per basic and diluted share. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2023
  - Revenue: $26.0 million
  - Net income: $2.7 million
  - EPS: ($0.13) per basic and diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Revenue for the first quarter 2023 was $26.0 million, an increase of 4% from $25.1 million in the first quarter of 2022. By segment, Identity revenues were $14.7 million and Premises revenues totaled $11.3 million. First quarter 2023 GAAP gross margin was 35.4% and non-GAAP gross margin was 37.1%. GAAP operating expenses, including research and development, sales, and marketing, and general and administrative were $11.9 million in the first quarter of 2023, compared to $10.2 million in the prior quarter and $10.0 million in the first quarter of 2022. Non-GAAP operating expenses were $10.6 million in the first quarter of 2023, compared to $9.3 million in the prior quarter and $9.0 million in the first quarter of 2022. GAAP net loss was $2.7 million, or ($0.13) per basic and diluted share, compared to GAAP net income of $0.3 million, or $0.00 per basic and diluted share, in the prior quarter and GAAP net loss of $1.0 million, or ($0.06) per basic and diluted share, in the first quarter o
  evidence_url: https://www.sec.gov/Archives/edgar/data/1036044/000119312523135953/0001193125-23-135953-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.