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INVE Technologies (INVE) Financials

INVE Technologies logo
$2.66 -0.01 (-0.37%)
Closing price 11/13/2026 04:00 PM Eastern
Extended Trading
$2.69 +0.03 (+1.09%)
As of 11/13/2026 07:44 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for INVE Technologies

Annual Income Statements for INVE Technologies

This table shows INVE Technologies' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
-39 -14 -8.14 -4.71 -1.15 -5.11 1.62 -0.39 -5.49 75 -18
Consolidated Net Income / (Loss)
-39 -14 -8.15 -4.70 -1.15 -5.11 1.62 -0.39 -5.49 75 -18
Net Income / (Loss) Continuing Operations
-39 -14 -8.15 -4.70 -1.15 -5.11 1.62 -0.39 -14 -26 -18
Total Pre-Tax Income
-39 -14 -8.37 -4.55 -0.83 -5.03 1.65 -0.29 -14 -26 -18
Total Operating Income
-36 -11 -4.63 -1.87 -0.11 -3.45 -1.35 -0.33 -14 -28 -22
Total Gross Profit
23 24 22 33 37 34 37 41 6.01 0.34 1.31
Total Revenue
61 56 60 78 84 87 104 113 43 27 21
Operating Revenue
61 56 60 78 84 87 104 113 43 27 21
Total Cost of Revenue
38 32 38 45 47 53 67 72 37 26 20
Operating Cost of Revenue
38 32 38 45 47 53 67 72 37 26 20
Total Operating Expenses
59 35 27 35 37 37 38 41 20 28 23
Selling, General & Admin Expense
20 11 7.24 11 9.45 8.62 12 10 9.33 18 13
Marketing Expense
20 14 13 16 18 17 17 21 5.63 5.73 5.58
Research & Development Expense
9.15 6.52 6.15 7.24 8.62 9.78 8.67 9.92 4.40 3.89 3.28
Restructuring Charge
1.27 3.09 -0.05 0.75 0.01 1.72 0.82 0.20 0.16 0.54 1.52
Total Other Income / (Expense), net
-3.12 -2.35 -3.74 -2.68 -0.72 -1.58 3.00 0.04 -0.31 2.14 3.88
Interest & Investment Income
-1.91 -2.38 -2.59 -1.52 -0.78 -1.46 0.13 -0.11 -0.30 1.35 5.02
Other Income / (Expense), net
-1.21 0.03 -0.36 0.20 0.06 -0.12 -0.08 0.16 -0.01 0.79 -1.15
Income Tax Expense
0.22 0.13 -0.21 0.16 0.33 0.07 0.03 0.10 0.07 0.09 -0.27
Net Income / (Loss) Discontinued Operations
- - - - - - - - 8.39 101 0.00
Basic Earnings per Share
($3.62) ($1.25) ($0.61) ($0.35) ($0.13) ($0.34) $0.02 ($0.07) ($0.29) $3.14 ($0.79)
Weighted Average Basic Shares Outstanding
10.81M 10.92M 13.27M 15.65M 16.98M 17.98M 21.34M 22.66M 23.07M 23.58M 23.78M
Diluted Earnings per Share
($3.62) ($1.25) ($0.61) ($0.35) ($0.13) ($0.34) $0.02 ($0.07) ($0.29) $3.14 ($0.79)
Weighted Average Diluted Shares Outstanding
10.81M 10.92M 13.27M 15.65M 16.98M 17.98M 22.27M 22.66M 23.07M 23.58M 23.78M
Weighted Average Basic & Diluted Shares Outstanding
10.81M 10.92M 13.27M 15.65M 16.98M 17.98M 22.30M 22.67M 23.33M 23.52M 23.95M

Quarterly Income Statements for INVE Technologies

This table shows INVE Technologies' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026
Period end date 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026
Net Income / (Loss) Attributable to Common Shareholders
-4.56 -6.22 86 -0.36 -4.79 -6.04 -3.45 -3.72 -3.45 -4.65 -1.23
Consolidated Net Income / (Loss)
-4.56 -6.22 86 -0.36 -4.79 -6.04 -3.45 -3.72 -3.45 -4.65 0.59
Net Income / (Loss) Continuing Operations
-5.38 -6.92 -9.33 -4.28 0.00 0.00 -3.45 -3.72 0.00 0.00 0.00
Total Pre-Tax Income
-5.38 -6.93 -8.97 -4.55 -4.79 -5.94 -4.30 -3.25 -3.44 -4.64 0.65
Total Operating Income
-5.06 -6.72 -9.55 -6.63 -5.47 -6.39 -5.58 -4.71 -4.20 -5.51 -8.24
Total Gross Profit
0.48 0.61 0.24 -1.00 0.13 -0.47 0.53 1.12 1.29 0.92 0.56
Total Revenue
6.66 6.74 6.53 6.70 5.27 5.04 5.01 6.17 7.41 5.68 3.09
Operating Revenue
6.66 6.74 6.53 6.70 5.27 5.04 5.01 6.17 7.41 5.68 3.09
Total Cost of Revenue
6.18 6.13 6.29 7.69 5.14 5.51 4.48 5.05 6.12 4.77 2.52
Operating Cost of Revenue
6.18 6.13 6.29 7.69 5.14 5.51 4.48 5.05 6.12 4.77 2.52
Total Operating Expenses
5.55 7.33 9.79 5.63 5.60 5.91 6.12 5.82 5.50 6.43 8.81
Selling, General & Admin Expense
3.48 4.54 7.03 3.10 3.15 3.06 3.52 3.35 3.12 4.13 5.96
Marketing Expense
1.17 1.83 1.66 1.07 1.41 1.55 1.37 1.26 1.35 1.29 1.46
Research & Development Expense
0.90 0.97 1.10 0.92 0.79 0.89 0.83 0.77 1.00 0.95 1.23
Restructuring Charge
0.00 0.00 0.00 0.54 0.26 0.42 0.40 0.44 0.02 0.06 0.16
Total Other Income / (Expense), net
-0.31 -0.21 0.58 2.08 0.68 0.45 1.28 1.46 0.76 0.87 8.89
Interest & Investment Income
-0.09 -0.15 0.24 1.34 1.21 1.32 1.31 1.18 1.05 1.00 6.99
Other Income / (Expense), net
-0.23 -0.06 0.34 0.73 -0.53 -0.87 -0.03 0.28 -0.29 -0.13 1.90
Income Tax Expense
0.01 -0.01 0.36 -0.27 0.00 0.11 -0.85 0.47 0.01 0.01 0.07
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)
- - - - - - 0.00 - - - 1.82
Basic Earnings per Share
($0.21) ($0.27) $3.62 - ($0.21) ($0.26) ($0.15) ($0.17) ($0.15) ($0.20) $0.02
Weighted Average Basic Shares Outstanding
23.37M 23.46M 23.66M 23.58M 23.60M 23.76M 23.85M 23.78M 24.04M 24.22M 24.19M
Diluted Earnings per Share
($0.21) ($0.27) $3.62 - ($0.21) ($0.26) ($0.15) ($0.17) ($0.15) ($0.20) $0.02
Weighted Average Diluted Shares Outstanding
23.37M 23.46M 23.66M 23.58M 23.60M 23.76M 23.85M 23.78M 24.04M 24.22M 24.19M
Weighted Average Basic & Diluted Shares Outstanding
23.38M 23.48M 23.89M 23.52M 23.62M 23.72M 23.75M 23.95M 24.01M 24.24M 23.86M

Annual Cash Flow Statements for INVE Technologies

This table details how cash moves in and out of INVE Technologies' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
-20 -7.55 9.94 -7.76 -1.28 2.03 18 -13 7.25 112 -7.04
Net Cash From Operating Activities
-23 -6.22 -7.71 -5.20 0.43 -1.77 1.23 -7.81 1.16 -15 -6.70
Net Cash From Continuing Operating Activities
-23 -6.22 -7.71 -5.20 0.43 -1.77 1.23 -7.81 1.16 -15 -6.70
Net Income / (Loss) Continuing Operations
-39 -14 -8.15 -4.70 -1.15 -5.11 1.62 -0.39 -5.49 75 -18
Consolidated Net Income / (Loss)
-39 -14 -8.15 -4.70 -1.15 -5.11 1.62 -0.39 -5.49 75 -18
Depreciation Expense
3.15 3.17 2.75 3.17 3.58 3.31 1.97 2.27 2.73 2.87 2.03
Amortization Expense
0.41 0.81 0.81 0.34 0.05 0.50 0.11 0.00 0.04 1.59 0.42
Non-Cash Adjustments To Reconcile Net Income
14 3.57 3.57 4.24 3.25 4.16 1.94 3.20 3.84 -94 4.64
Changes in Operating Assets and Liabilities, net
-1.33 -0.07 -6.69 -8.24 -5.31 -4.63 -4.41 -13 0.03 -0.84 4.21
Net Cash From Investing Activities
-0.34 -0.55 -0.97 -3.37 -1.48 -1.56 -1.48 -3.87 -4.15 141 -0.81
Net Cash From Continuing Investing Activities
-0.34 -0.55 -0.97 -3.37 -1.48 -1.56 -1.48 -3.87 -4.15 141 -0.81
Purchase of Property, Plant & Equipment
-0.34 -0.55 -0.97 -1.35 -0.29 -1.56 -2.09 -3.90 -4.28 -1.49 -1.11
Divestitures
- - - - - - - - 0.00 143 0.00
Sale and/or Maturity of Investments
- - - - 0.14 0.00 0.61 0.03 0.13 0.00 0.30
Net Cash From Financing Activities
2.13 -0.22 18 0.81 -0.23 4.85 19 -1.04 10 -14 -0.43
Net Cash From Continuing Financing Activities
2.13 -0.22 18 0.81 -0.23 4.85 19 -1.04 10 -14 -0.43
Repayment of Debt
- - -59 -28 -5.61 -6.13 -21 0.00 -14 -20 0.00
Repurchase of Common Equity
-1.92 - - - - - - - 0.00 -1.88 0.00
Issuance of Debt
4.00 - 53 22 6.26 7.86 3.96 0.00 24 9.89 0.00
Issuance of Common Equity
0.05 - 13 - - 0.00 38 0.00 0.00 0.00 0.00
Other Financing Activities, net
- -0.22 -0.78 -0.66 -0.88 3.12 -0.90 -1.04 0.17 -1.64 -0.43
Effect of Exchange Rate Changes
1.33 -0.56 0.66 - - 0.50 -0.70 0.05 0.17 -0.86 0.91
Cash Interest Paid
1.40 1.62 2.66 1.79 0.86 0.95 0.34 0.01 0.45 0.32 0.00
Cash Income Taxes Paid
0.10 0.17 0.14 0.18 0.22 0.11 0.07 0.09 0.12 4.18 -1.91

Quarterly Cash Flow Statements for INVE Technologies

This table details how cash moves in and out of INVE Technologies' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026
Period end date 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026
Net Change in Cash & Equivalents
-1.95 -3.43 127 -9.80 -3.26 -3.04 -3.07 2.34 -4.08 -5.12 -33
Net Cash From Operating Activities
-1.30 -0.99 -7.22 -5.92 -3.28 -3.57 -2.88 3.03 -2.84 -4.36 -6.58
Net Cash From Continuing Operating Activities
-1.30 -0.99 -7.22 -5.92 -3.28 -3.57 -2.88 3.03 -2.84 -4.36 -6.58
Net Income / (Loss) Continuing Operations
-4.56 -6.22 86 -0.36 -4.79 -6.04 -3.45 -3.72 -3.45 -4.65 0.59
Consolidated Net Income / (Loss)
-4.56 -6.22 86 -0.36 -4.79 -6.04 -3.45 -3.72 -3.45 -4.65 0.59
Depreciation Expense
0.79 0.74 0.65 0.69 0.49 0.49 0.53 0.51 0.54 0.56 0.46
Amortization Expense
0.03 0.57 0.69 0.30 0.16 0.15 0.08 0.03 0.12 0.10 0.06
Non-Cash Adjustments To Reconcile Net Income
1.48 1.02 -94 -2.28 1.03 1.02 1.03 1.56 0.62 0.72 -6.47
Changes in Operating Assets and Liabilities, net
0.97 2.90 -0.42 -4.28 -0.18 0.83 -1.08 4.64 -0.67 -1.10 -1.23
Net Cash From Investing Activities
-0.23 -0.14 143 -1.03 -0.30 -0.25 -0.05 -0.20 -0.88 -0.71 -24
Net Cash From Continuing Investing Activities
-0.23 -0.14 143 -1.03 -0.30 -0.25 -0.05 -0.20 -0.88 -0.71 -24
Purchase of Property, Plant & Equipment
-0.23 -0.14 -0.51 -0.62 -0.30 -0.25 -0.35 -0.20 -0.88 -0.71 -0.18
Net Cash From Financing Activities
-0.36 -2.30 -9.06 -1.92 -0.17 -0.19 -0.04 -0.03 -0.35 -0.09 -2.27
Net Cash From Continuing Financing Activities
-0.36 -2.30 -9.06 -1.92 -0.17 -0.19 -0.04 -0.03 -0.35 -0.09 -2.27
Other Financing Activities, net
-0.28 -0.26 -1.06 -0.04 -0.17 -0.19 -0.04 -0.03 -0.35 -0.09 -0.49
Effect of Exchange Rate Changes
-0.06 -0.01 0.13 -0.93 0.49 0.96 -0.09 -0.45 -0.02 0.04 -0.18
Cash Income Taxes Paid
0.02 0.03 1.69 2.43 0.06 0.10 0.03 -2.10 0.01 - 0.01

Annual Balance Sheets for INVE Technologies

This table presents INVE Technologies' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
53 41 51 66 74 79 97 103 110 163 151
Total Current Assets
41 32 44 42 46 53 73 75 79 153 143
Cash & Equivalents
17 9.12 19 11 9.38 11 29 17 23 136 129
Restricted Cash
- - - - - 0.00 1.25 0.49 1.07 0.30 0.30
Accounts Receivable
7.92 9.43 12 15 18 19 20 25 7.17 4.21 4.07
Inventories, net
15 12 11 14 16 20 20 29 13 7.48 7.42
Prepaid Expenses
1.52 1.51 1.78 2.74 2.29 2.81 3.03 4.18 2.17 5.21 2.27
Other Current Nonoperating Assets
- - - - - - - - 33 - 0.00
Plant, Property, & Equipment, net
4.22 2.42 2.04 2.62 2.04 2.83 4.07 6.72 8.47 7.69 7.32
Total Noncurrent Assets
8.40 6.53 5.08 21 26 22 20 21 22 2.69 1.16
Long-Term Investments
- - - - - - - - - - 0.00
Goodwill
- - - 9.29 10 10 10 10 0.00 0.00 0.00
Intangible Assets
7.28 5.82 4.37 11 10 7.56 6.45 5.27 0.00 0.00 0.00
Other Noncurrent Operating Assets
1.13 0.71 0.72 1.22 5.75 4.58 3.16 5.49 2.97 2.69 1.16
Other Noncurrent Nonoperating Assets
- - - - - - - - 19 0.00 0.00
Total Liabilities & Shareholders' Equity
53 41 51 66 74 79 97 103 110 163 151
Total Liabilities
39 37 28 33 39 44 22 27 35 9.16 11
Total Current Liabilities
16 23 21 29 34 42 21 23 31 7.96 9.39
Short-Term Debt
0.68 0.79 9.83 14 14 20 - 0.00 9.95 - 0.00
Accounts Payable
6.28 6.02 5.86 5.65 8.80 11 11 15 5.45 2.75 3.62
Accrued Expenses
5.84 5.03 2.02 5.28 4.50 3.24 3.77 2.15 0.92 2.33 1.62
Current Deferred Revenue
1.52 1.09 0.90 2.17 2.19 1.98 2.15 2.07 0.00 0.00 2.76
Current Deferred & Payable Income Tax Liabilities
- - - - - - - - 0.10 1.17 0.29
Current Employee Benefit Liabilities
1.91 1.52 1.52 1.79 1.67 2.99 3.15 2.76 1.38 0.86 0.78
Other Current Liabilities
- 8.12 0.89 1.03 3.13 2.32 1.27 1.19 0.78 0.85 0.33
Other Current Nonoperating Liabilities
- - - - - - - - 12 - 0.00
Total Noncurrent Liabilities
23 14 6.49 3.13 4.38 2.92 1.30 3.98 4.67 1.20 1.24
Noncurrent Deferred Revenue
- - 0.19 0.64 0.64 0.39 0.28 0.59 0.00 - 0.00
Other Noncurrent Operating Liabilities
0.51 0.34 3.38 2.49 3.74 2.53 1.02 3.39 1.53 1.20 1.24
Other Noncurrent Nonoperating Liabilities
- - - - - - - - 3.14 - 0.00
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
14 3.93 24 34 35 34 75 75 74 154 141
Total Preferred & Common Equity
14 4.11 24 34 35 34 75 75 74 154 141
Preferred Stock
0.00 - - 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Total Common Equity
14 4.11 24 34 35 34 75 75 74 154 141
Common Stock
396 400 428 444 448 452 493 496 501 510 513
Retained Earnings
-378 -392 -400 -404 -406 -411 -409 -409 -415 -340 -358
Treasury Stock
-6.49 -6.71 -7.49 -8.15 -9.04 -9.93 -11 -12 -13 -16 -17
Accumulated Other Comprehensive Income / (Loss)
2.23 2.05 2.68 2.21 2.03 2.58 1.95 1.10 1.33 1.10 2.96

Quarterly Balance Sheets for INVE Technologies

This table presents INVE Technologies' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026 Q3 2026
Period end date 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026 6/30/2026 9/30/2026
Total Assets
111 102 98 177 159 154 151 148 141 139
Total Current Assets
81 73 69 166 149 144 142 139 132 88
Cash & Equivalents
20 22 18 145 132 129 126 125 119 87
Restricted Cash
1.25 0.81 0.57 0.38 0.30 0.30 0.30 0.30 0.30 0.30
Accounts Receivable
26 18 3.72 4.85 3.62 3.47 4.40 3.21 2.43 0.00
Inventories, net
29 28 11 11 7.76 6.13 5.91 8.91 8.50 0.00
Prepaid Expenses
5.24 4.16 1.80 4.70 4.64 4.87 5.26 1.97 1.66 1.38
Other Current Nonoperating Assets
- - 34 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Plant, Property, & Equipment, net
8.52 8.83 7.67 8.20 7.59 7.53 7.37 7.68 7.36 0.03
Total Noncurrent Assets
21 20 21 2.82 2.44 2.24 1.52 1.04 1.02 50
Long-Term Investments
- - - - - - - - - 50
Goodwill
10 10 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Intangible Assets
4.48 4.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Other Noncurrent Operating Assets
6.79 5.91 2.91 2.82 2.44 2.24 1.52 1.04 1.02 0.00
Other Noncurrent Nonoperating Assets
- - 18 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Liabilities & Shareholders' Equity
111 102 98 177 159 154 151 148 141 139
Total Liabilities
37 32 33 20 8.24 7.46 7.36 10 7.60 7.81
Total Current Liabilities
32 27 28 19 7.25 6.64 6.74 9.34 6.50 7.06
Short-Term Debt
9.94 9.89 7.91 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accounts Payable
12 9.56 2.95 6.04 2.70 1.81 2.44 6.50 2.50 0.80
Accrued Expenses
2.87 2.35 3.04 3.60 1.85 1.92 1.40 1.35 2.40 5.57
Current Deferred Revenue
2.47 1.74 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Current Deferred & Payable Income Tax Liabilities
- - - 7.18 1.15 1.22 1.23 0.29 0.29 0.31
Current Employee Benefit Liabilities
2.58 2.10 1.19 1.32 0.70 0.79 0.81 0.89 0.99 0.37
Other Current Liabilities
1.71 1.66 0.82 0.88 0.86 0.90 0.87 0.31 0.33 0.00
Other Current Nonoperating Liabilities
- - 12 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Noncurrent Liabilities
4.97 4.32 4.48 1.28 0.99 0.82 0.62 1.14 1.10 0.75
Noncurrent Deferred Revenue
0.90 0.98 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Other Noncurrent Operating Liabilities
4.06 3.34 1.42 1.28 0.99 0.82 0.62 1.14 1.10 0.75
Other Noncurrent Nonoperating Liabilities
- - 3.06 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
75 70 65 157 150 146 144 137 133 131
Total Preferred & Common Equity
75 70 65 157 150 146 144 137 133 131
Preferred Stock
0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Total Common Equity
75 70 65 157 150 146 144 137 133 131
Common Stock
500 502 503 509 510 511 512 513 514 516
Retained Earnings
-413 -419 -426 -340 -345 -351 -354 -362 -366 -366
Treasury Stock
-13 -13 -14 -15 -17 -17 -17 -17 -17 -20
Accumulated Other Comprehensive Income / (Loss)
0.89 1.04 0.94 2.37 1.69 2.92 2.96 2.59 2.54 0.54

Annual Metrics And Ratios for INVE Technologies

This table displays calculated financial ratios and metrics derived from INVE Technologies' official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding
10,754,038.00 11,086,151.00 14,245,138.00 15,453,916.00 16,892,285.00 18,020,175.00 22,206,839.00 22,513,129.00 23,174,351.00 23,885,181.00 23,754,389.00
DEI Adjusted Shares Outstanding
10,754,038.00 11,086,151.00 14,245,138.00 15,453,916.00 16,892,285.00 18,020,175.00 22,206,839.00 22,513,129.00 23,174,351.00 23,885,181.00 23,754,389.00
DEI Earnings Per Adjusted Shares Outstanding
-3.64 -1.24 -0.57 -0.30 -0.07 -0.28 0.07 -0.02 -0.24 3.13 -0.76
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-25.18% -7.61% 7.21% 29.76% 7.18% 3.78% 19.38% 8.81% -61.52% -38.71% -19.32%
EBITDA Growth
-249.46% 78.49% 80.19% 228.97% 94.52% -93.31% 172.08% 220.67% -612.89% -111.52% 8.24%
EBIT Growth
-152.14% 69.82% 55.44% 66.70% 96.99% -7,040.00% 60.06% 87.52% -7,492.70% -101.06% 14.28%
NOPAT Growth
-166.96% 68.73% 58.73% 59.72% 94.16% -3,063.30% 45.14% 82.40% -3,955.56% -107.04% 20.80%
Net Income Growth
-119.07% 65.06% 40.51% 42.31% 75.53% -343.53% 131.73% -124.20% -1,300.26% 1,463.09% -124.06%
EPS Growth
-75.73% 65.47% 51.20% 42.62% 62.86% -161.54% 105.88% -450.00% -314.29% 1,182.76% -125.16%
Operating Cash Flow Growth
-96.05% 72.97% -24.03% 32.62% 108.22% -513.58% 169.54% -735.75% 114.82% -1,433.88% 56.57%
Free Cash Flow Firm Growth
-11.10% 121.76% -424.98% -76.33% 80.34% -26.39% 36.77% -335.53% 285.19% -156.49% 36.40%
Invested Capital Growth
-30.18% -54.82% 87.33% 107.33% 10.67% 6.44% 4.30% 30.31% -60.05% -22.14% -34.93%
Revenue Q/Q Growth
-9.40% 2.88% 3.27% 6.46% -2.70% 7.24% 3.68% 0.43% -44.45% 87.90% -2.41%
EBITDA Q/Q Growth
-61.64% 71.65% -467.35% 238.47% -42.88% 117.95% -76.52% 642.49% -65.21% -8.10% 10.66%
EBIT Q/Q Growth
-51.66% 61.70% -57.60% 65.64% -101.87% 28.84% -809.45% 93.09% -48.06% -7.73% 5.90%
NOPAT Q/Q Growth
-49.80% 60.64% -72.70% 62.94% -103.50% 29.07% -758.15% 87.25% -50.42% -9.81% 7.96%
Net Income Q/Q Growth
-48.56% 56.76% -74.08% 52.35% -188.54% 18.03% -43.02% 85.22% -54.79% 1.70% -23.00%
EPS Q/Q Growth
-50.21% 56.45% -69.44% 48.53% 0.00% 19.05% -50.00% 50.00% -45.00% 2.95% -27.42%
Operating Cash Flow Q/Q Growth
-19.07% 49.62% -51.58% 8.17% 152.39% 71.83% -65.54% -335.90% 113.76% -225.66% 57.17%
Free Cash Flow Firm Q/Q Growth
16.22% -35.34% -162.56% 8.09% 57.34% 39.17% -110.61% -37.32% 271.68% -141.19% 60.03%
Invested Capital Q/Q Growth
-38.21% 14.63% 64.84% 25.30% -0.57% -5.44% -4.95% 5.45% -63.54% 64.83% -31.04%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
38.08% 42.25% 36.80% 42.66% 43.76% 38.75% 35.72% 36.26% 13.83% 1.28% 6.08%
EBITDA Margin
-55.16% -12.84% -2.37% 2.36% 4.28% 0.28% 0.63% 1.85% -24.72% -85.31% -97.02%
Operating Margin
-59.02% -19.98% -7.69% -2.39% -0.13% -3.97% -1.30% -0.29% -31.09% -105.01% -103.08%
EBIT Margin
-61.01% -19.93% -8.28% -2.13% -0.06% -4.11% -1.37% -0.16% -31.11% -102.05% -108.42%
Profit (Net Income) Margin
-64.51% -24.40% -13.54% -6.02% -1.37% -5.87% 1.56% -0.35% -12.63% 280.98% -83.80%
Tax Burden Percent
100.57% 100.97% 97.44% 103.41% 139.52% 101.45% 98.30% 134.71% 39.75% -289.76% 98.53%
Interest Burden Percent
105.14% 121.25% 167.72% 273.81% 1,650.00% 140.95% -115.57% 163.48% 102.18% 95.02% 78.44%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.70% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
-99.58% -52.17% -24.08% -4.84% -0.20% -5.81% -3.02% -0.45% -23.19% -94.56% -103.64%
ROIC Less NNEP Spread (ROIC-NNEP)
185.91% -149.79% 1,110.10% 183.18% -28.88% -45.74% -30.89% 0.22% -34.83% -195.54% -101.75%
Return on Net Nonoperating Assets (RNNOA)
-30.45% -99.05% -34.60% -11.50% -3.13% -8.85% 6.00% -0.07% 15.85% 160.09% 91.43%
Return on Equity (ROE)
-130.04% -151.22% -58.68% -16.34% -3.33% -14.66% 2.98% -0.52% -7.34% 65.53% -12.21%
Cash Return on Invested Capital (CROIC)
-64.04% 23.35% -84.87% -74.69% -10.33% -12.04% -7.23% -26.78% 62.62% -69.67% -61.32%
Operating Return on Assets (OROA)
-53.24% -23.80% -10.85% -2.82% -0.07% -4.67% -1.63% -0.18% -12.72% -19.91% -14.81%
Return on Assets (ROA)
-56.30% -29.14% -17.73% -7.99% -1.64% -6.67% 1.85% -0.39% -5.17% 54.82% -11.45%
Return on Common Equity (ROCE)
-134.12% -154.03% -59.43% -16.44% -3.34% -14.66% 2.98% -0.52% -7.33% 65.53% -12.21%
Return on Equity Simple (ROE_SIMPLE)
-273.39% -333.16% -33.92% -13.89% -3.25% -14.93% 2.17% -0.52% -7.39% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)
-25 -7.85 -3.24 -1.31 -0.08 -2.41 -1.32 -0.23 -9.45 -20 -16
NOPAT Margin
-41.31% -13.98% -5.38% -1.67% -0.09% -2.78% -1.28% -0.21% -21.76% -73.50% -72.16%
Net Nonoperating Expense Percent (NNEP)
-285.49% 97.61% -1,134.18% -188.02% 28.68% 39.93% 27.86% -0.68% 11.64% 100.99% -1.89%
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - - -11.22% -12.70% -11.02%
Cost of Revenue to Revenue
61.92% 57.75% 63.20% 57.34% 56.24% 61.25% 64.28% 63.74% 86.17% 98.72% 93.92%
SG&A Expenses to Revenue
32.25% 20.13% 12.02% 13.85% 11.28% 9.92% 11.46% 9.24% 21.48% 68.15% 60.83%
R&D to Revenue
15.05% 11.61% 10.21% 9.26% 10.29% 11.25% 8.36% 8.78% 10.13% 14.60% 15.26%
Operating Expenses to Revenue
97.10% 62.22% 44.49% 45.04% 43.89% 42.72% 37.02% 36.56% 44.92% 106.28% 109.17%
Earnings before Interest and Taxes (EBIT)
-37 -11 -4.99 -1.66 -0.05 -3.57 -1.43 -0.18 -14 -27 -23
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-34 -7.21 -1.43 1.84 3.59 0.24 0.65 2.09 -11 -23 -21
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
1.49 8.57 1.98 1.64 2.69 4.48 8.39 2.16 2.57 0.57 0.65
Price to Tangible Book Value (P/TBV)
3.03 0.00 2.42 4.09 6.30 9.37 10.81 2.72 2.57 0.57 0.65
Price to Revenue (P/Rev)
0.35 0.63 0.79 0.71 1.14 1.76 6.02 1.44 4.40 3.28 4.25
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00 385.74 0.00 0.00 1.17 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.26% 0.00% 0.00% 85.59% 0.00%
Enterprise Value to Invested Capital (EV/IC)
1.34 4.32 2.34 1.60 2.49 3.78 13.31 2.50 7.58 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
0.46 0.72 0.68 0.74 1.20 1.86 5.73 1.29 4.06 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 31.56 27.92 674.38 911.33 69.66 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 234.39 0.00 484.61 0.00 152.57 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 11.52 0.00 0.00 0.00 0.00 0.00 0.00 6.91 0.00 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
1.64 3.70 0.53 0.40 0.40 0.59 0.00 0.00 0.13 0.00 0.00
Long-Term Debt to Equity
1.59 3.50 0.12 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage
-0.16 0.66 -0.03 -0.06 0.11 0.19 -0.19 -0.31 -0.46 -0.82 -0.90
Leverage Ratio
2.31 5.19 3.31 2.04 2.03 2.20 1.61 1.33 1.42 1.20 1.07
Compound Leverage Factor
2.43 6.29 5.55 5.60 33.55 3.10 -1.86 2.17 1.45 1.14 0.84
Debt to Total Capital
62.06% 78.72% 34.83% 28.68% 28.58% 37.01% 0.00% 0.00% 11.81% 0.00% 0.00%
Short-Term Debt to Total Capital
1.82% 4.25% 26.85% 28.68% 28.58% 37.01% 0.00% 0.00% 11.81% 0.00% 0.00%
Long-Term Debt to Total Capital
60.24% 74.47% 7.98% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.00% 0.00%
Noncontrolling Interests to Total Capital
-0.42% -0.97% -0.49% -0.36% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
38.35% 22.25% 65.64% 71.67% 71.41% 62.99% 99.99% 99.99% 88.18% 100.00% 100.00%
Debt to EBITDA
-0.69 -2.02 -8.92 7.35 3.96 83.68 0.00 0.00 -0.93 0.00 0.00
Net Debt to EBITDA
-0.20 -0.75 4.41 1.46 1.34 36.15 0.00 0.00 1.34 0.00 0.00
Long-Term Debt to EBITDA
-0.67 -1.91 -2.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
-0.92 -1.85 -3.93 -10.38 -185.96 -8.32 0.00 0.00 -1.05 0.00 0.00
Net Debt to NOPAT
-0.26 -0.69 1.94 -2.06 -62.99 -3.59 0.00 0.00 1.53 0.00 0.00
Long-Term Debt to NOPAT
-0.90 -1.75 -0.90 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score
-10.17 -12.18 -8.46 -6.19 -4.85 -4.10 12.67 -0.31 -1.54 3.49 2.52
Noncontrolling Interest Sharing Ratio
-3.14% -1.85% -1.28% -0.59% -0.23% 0.01% 0.01% 0.01% 0.01% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
2.52 1.40 2.11 1.43 1.34 1.29 3.49 3.21 2.58 19.20 15.19
Quick Ratio
1.52 0.82 1.49 0.88 0.80 0.73 2.33 1.77 0.99 17.57 14.13
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-16 3.52 -11 -20 -3.96 -5.01 -3.17 -14 26 -14 -9.17
Operating Cash Flow to CapEx
-6,745.75% -1,132.42% -797.41% -386.03% 147.75% -112.92% 58.84% -200.08% 27.01% -1,033.69% -604.96%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 -14.50 -14.71 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 -9.79 -3.80 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 -11.01 -4.78 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.87 1.19 1.31 1.33 1.19 1.14 1.18 1.13 0.41 0.20 0.14
Accounts Receivable Turnover
5.65 6.48 5.55 5.74 5.03 4.66 5.34 5.04 2.72 4.68 5.19
Inventory Turnover
3.14 2.46 3.35 3.62 3.16 2.92 3.32 2.94 1.80 2.61 2.71
Fixed Asset Turnover
12.76 16.93 27.01 33.49 35.90 35.70 30.11 20.94 5.72 3.29 2.86
Accounts Payable Turnover
5.14 5.27 6.40 7.78 6.52 5.39 6.21 5.59 3.62 6.42 6.34
Days Sales Outstanding (DSO)
64.62 56.36 65.80 63.60 72.59 78.30 68.40 72.39 134.42 78.05 70.37
Days Inventory Outstanding (DIO)
116.25 148.09 108.96 100.83 115.37 124.92 110.04 123.95 202.84 139.71 134.72
Days Payable Outstanding (DPO)
71.03 69.22 57.00 46.91 56.00 67.75 58.73 65.25 100.80 56.86 57.57
Cash Conversion Cycle (CCC)
109.84 135.22 117.76 117.53 131.96 135.47 119.71 131.09 236.46 160.89 147.51
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
21 9.37 18 36 40 43 45 58 23 18 12
Invested Capital Turnover
2.41 3.73 4.47 2.90 2.19 2.09 2.37 2.19 1.07 1.29 1.44
Increase / (Decrease) in Invested Capital
-8.97 -11 8.18 19 3.88 2.59 1.84 14 -35 -5.15 -6.33
Enterprise Value (EV)
28 41 41 58 100 162 595 146 177 -49 -38
Market Capitalization
21 35 48 56 95 153 625 163 191 87 91
Book Value per Share
$1.33 $0.37 $1.69 $2.19 $2.10 $1.90 $3.36 $3.35 $3.20 $6.45 $5.92
Tangible Book Value per Share
$0.66 ($0.15) $1.38 $0.88 $0.90 $0.91 $2.60 $2.66 $3.20 $6.45 $5.92
Total Capital
37 18 37 47 50 54 75 75 84 154 141
Total Debt
23 15 13 14 14 20 0.00 0.00 9.95 0.00 0.00
Total Long-Term Debt
23 14 2.92 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
6.55 5.44 -6.30 2.69 4.81 8.68 -30 -17 -14 -136 -129
Capital Expenditures (CapEx)
0.34 0.55 0.97 1.35 0.29 1.56 2.09 3.90 4.28 1.49 1.11
Debt-free, Cash-free Net Working Capital (DFCFNWC)
8.62 0.76 14 15 17 21 22 35 34 8.94 4.36
Debt-free Net Working Capital (DFNWC)
25 9.87 33 26 26 32 52 52 59 145 133
Net Working Capital (NWC)
25 9.09 23 13 12 12 52 52 49 145 133
Net Nonoperating Expense (NNE)
14 5.85 4.91 3.40 1.07 2.69 -2.94 0.16 -3.96 -94 2.50
Net Nonoperating Obligations (NNO)
6.55 5.44 -6.30 2.69 4.81 8.68 -30 -17 -51 -136 -129
Total Depreciation and Amortization (D&A)
3.56 3.98 3.56 3.50 3.64 3.81 2.08 2.27 2.78 4.46 2.45
Debt-free, Cash-free Net Working Capital to Revenue
14.19% 1.35% 23.25% 19.71% 19.72% 23.64% 21.27% 30.61% 78.88% 33.57% 20.31%
Debt-free Net Working Capital to Revenue
41.60% 17.58% 54.89% 33.62% 30.92% 36.76% 49.99% 45.79% 135.01% 544.11% 620.33%
Net Working Capital to Revenue
40.48% 16.18% 38.57% 16.27% 13.98% 13.66% 49.99% 45.79% 112.11% 544.11% 620.33%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($3.62) ($1.25) ($0.61) ($0.35) ($0.13) $0.00 $0.02 ($0.07) ($0.29) $3.14 ($0.79)
Adjusted Weighted Average Basic Shares Outstanding
10.75M 11.11M 15.14M 16.42M 16.98M 18.15M 21.34M 22.66M 23.07M 23.58M 23.78M
Adjusted Diluted Earnings per Share
($3.62) ($1.25) ($0.61) ($0.35) ($0.13) $0.00 $0.02 ($0.07) ($0.29) $3.14 ($0.79)
Adjusted Weighted Average Diluted Shares Outstanding
10.75M 11.11M 15.14M 16.42M 16.98M 18.15M 22.27M 22.66M 23.07M 23.58M 23.78M
Adjusted Basic & Diluted Earnings per Share
($3.62) ($1.25) ($0.61) $0.00 ($0.13) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
10.81M 10.92M 13.27M 15.65M 17.46M 17.98M 22.30M 22.67M 23.33M 23.52M 23.95M
Normalized Net Operating Profit after Tax (NOPAT)
-18 -5.69 -3.28 -0.78 0.32 -1.40 -0.52 -0.09 -9.34 -19 -14
Normalized NOPAT Margin
-29.76% -10.13% -5.44% -1.00% 0.38% -1.61% -0.50% -0.08% -21.51% -72.08% -67.19%
Pre Tax Income Margin
-64.15% -24.16% -13.89% -5.82% -0.99% -5.79% 1.59% -0.26% -31.79% -96.97% -85.04%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 -6.33 -1.21 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 -4.11 -0.95 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 -7.56 -2.20 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 -5.34 -1.94 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
-4.88% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.51% 0.00%

Quarterly Metrics And Ratios for INVE Technologies

This table displays calculated financial ratios and metrics derived from INVE Technologies' official financial filings.

Metric Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026
Period end date 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026 9/30/2026
DEI Shares Outstanding
23,330,980.00 23,382,459.00 23,476,594.00 23,885,181.00 23,520,680.00 23,617,379.00 23,721,826.00 23,754,389.00 23,948,070.00 24,006,212.00 24,235,753.00
DEI Adjusted Shares Outstanding
23,330,980.00 23,382,459.00 23,476,594.00 23,885,181.00 23,520,680.00 23,617,379.00 23,721,826.00 23,754,389.00 23,948,070.00 24,006,212.00 24,235,753.00
DEI Earnings Per Adjusted Shares Outstanding
-0.20 -0.27 3.66 -0.01 -0.20 -0.26 -0.15 -0.16 -0.14 -0.19 -0.05
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-74.39% -41.26% -44.32% 216.27% -20.86% -25.23% -23.32% -7.93% 40.69% 12.72% -38.35%
EBITDA Growth
-122.23% -102.22% -178.75% -53.25% -19.36% -21.03% 36.57% 20.68% 28.38% 24.94% -16.47%
EBIT Growth
-100.11% -101.70% -158.21% -49.43% -13.41% -7.05% 39.14% 24.78% 25.14% 22.34% -13.07%
NOPAT Growth
-85.32% -101.98% -187.83% -60.53% -8.00% 4.96% 41.57% 28.92% 23.12% 13.72% -89.91%
Net Income Growth
-67.64% -443.36% 390,777.27% 77.87% -5.07% 2.80% -104.02% -948.17% 28.00% 22.99% 117.04%
EPS Growth
-61.54% -350.00% 36,300.00% 0.00% 0.00% 3.70% -104.14% 0.00% 28.57% 23.08% 113.33%
Operating Cash Flow Growth
72.31% -170.63% -2,140.99% -224.15% -152.11% -259.32% 60.07% 151.09% 13.57% -22.20% -128.43%
Free Cash Flow Firm Growth
106.29% 344.04% 523.05% -98.40% 2,886.26% -108.37% -121.69% 489.83% -92.92% 86.15% 260.64%
Invested Capital Growth
-7.61% -71.07% -82.77% -22.14% -69.08% -6.54% 55.52% -34.93% -30.81% -20.27% -137.45%
Revenue Q/Q Growth
215.59% 1.25% -3.10% 2.53% -21.32% -4.35% -0.62% 23.10% 20.22% -23.36% -45.64%
EBITDA Q/Q Growth
-40.11% -22.20% -43.80% 37.76% -9.13% -23.91% 24.64% 22.16% 1.47% -29.86% -16.94%
EBIT Q/Q Growth
-34.14% -28.17% -35.91% 36.05% -1.80% -20.99% 22.74% 20.96% -1.31% -25.52% -12.49%
NOPAT Q/Q Growth
-22.68% -32.73% -42.16% 30.65% 17.46% -16.81% 12.60% 15.64% 10.72% -31.09% -92.36%
Net Income Q/Q Growth
-184.16% -36.38% 1,482.71% -100.41% -1,249.01% -26.16% 42.88% -7.82% 7.34% -34.95% 112.64%
EPS Q/Q Growth
-133.33% -28.57% 1,440.74% 0.00% 0.00% -23.81% 42.31% -13.33% 11.76% -33.33% 110.00%
Operating Cash Flow Q/Q Growth
-127.27% 23.67% -626.69% 17.92% 44.62% -8.78% 19.25% 205.03% -193.69% -53.79% -50.94%
Free Cash Flow Firm Q/Q Growth
-96.25% 3,168.90% 17.17% -98.89% 6,893.47% -109.16% -203.66% 130.31% -16.06% -117.93% 3,621.42%
Invested Capital Q/Q Growth
147.59% -68.85% -38.75% 64.83% -1.69% -5.84% 1.93% -31.04% 4.54% 8.50% -147.88%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
7.25% 9.11% 3.64% -14.86% 2.51% -9.40% 10.66% 18.08% 17.42% 16.12% 18.26%
EBITDA Margin
-67.26% -81.17% -120.47% -73.14% -101.44% -131.41% -99.64% -63.01% -51.64% -87.50% -188.24%
Operating Margin
-76.04% -99.69% -146.25% -98.92% -103.78% -126.73% -111.44% -76.37% -56.71% -97.01% -266.87%
EBIT Margin
-79.44% -100.56% -141.04% -87.98% -113.84% -143.99% -111.94% -71.88% -60.57% -99.21% -205.31%
Profit (Net Income) Margin
-68.46% -92.21% 1,315.81% -5.30% -90.89% -119.88% -68.90% -60.35% -46.51% -81.90% 19.04%
Tax Burden Percent
84.78% 89.72% -958.29% 7.81% 100.06% 101.77% 80.29% 114.49% 100.15% 100.26% 90.05%
Interest Burden Percent
101.64% 102.20% 97.35% 77.19% 79.79% 81.81% 76.65% 73.33% 76.68% 82.35% -10.30%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 9.95%
Return on Invested Capital (ROIC)
-21.39% -33.80% -38.78% -89.08% -48.61% -120.26% -122.26% -76.79% -62.23% -109.32% -1,004.28%
ROIC Less NNEP Spread (ROIC-NNEP)
-12.85% -28.70% -156.99% -93.66% -47.28% -118.48% -122.59% -76.46% -61.84% -108.68% -1,010.35%
Return on Net Nonoperating Assets (RNNOA)
2.12% 12.23% 106.26% 76.68% 31.12% 99.02% 111.13% 68.70% 55.36% 96.95% 970.99%
Return on Equity (ROE)
-19.26% -21.57% 67.48% -12.40% -17.49% -21.23% -11.13% -8.08% -6.87% -12.36% -33.29%
Cash Return on Invested Capital (CROIC)
-10.56% 76.59% 93.58% -69.67% 52.90% -106.26% -163.36% -61.32% -60.56% -70.33% 0.00%
Operating Return on Assets (OROA)
-18.47% -18.60% -13.86% -17.17% -22.06% -26.94% -15.02% -9.82% -9.34% -16.35% -31.67%
Return on Assets (ROA)
-15.92% -17.06% 129.27% -1.03% -17.61% -22.43% -9.25% -8.24% -7.17% -13.50% 2.94%
Return on Common Equity (ROCE)
-19.26% -21.57% 67.48% -12.40% -17.49% -21.23% -11.13% -8.08% -6.87% -12.36% -33.29%
Return on Equity Simple (ROE_SIMPLE)
-10.44% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)
-3.54 -4.70 -6.69 -4.64 -3.83 -4.47 -3.91 -3.30 -2.94 -3.86 -7.42
NOPAT Margin
-53.23% -69.78% -102.37% -69.25% -72.64% -88.71% -78.01% -53.46% -39.70% -67.91% -240.31%
Net Nonoperating Expense Percent (NNEP)
-8.53% -5.09% 118.21% 4.58% -1.32% -1.78% 0.34% -0.32% -0.39% -0.64% 6.07%
Return On Investment Capital (ROIC_SIMPLE)
-4.43% -6.45% -4.27% -3.01% -2.54% -3.05% -2.72% -2.34% -2.15% -2.90% -5.67%
Cost of Revenue to Revenue
92.75% 90.89% 96.36% 114.86% 97.49% 109.40% 89.34% 81.92% 82.58% 83.88% 81.74%
SG&A Expenses to Revenue
52.27% 67.35% 107.65% 46.21% 59.71% 60.65% 70.21% 54.30% 42.13% 72.66% 192.94%
R&D to Revenue
13.47% 14.33% 16.87% 13.77% 14.94% 17.66% 16.53% 12.54% 13.50% 16.72% 39.77%
Operating Expenses to Revenue
83.30% 108.80% 149.89% 84.07% 106.28% 117.32% 122.10% 94.45% 74.13% 113.13% 285.14%
Earnings before Interest and Taxes (EBIT)
-5.29 -6.78 -9.21 -5.89 -6.00 -7.26 -5.61 -4.43 -4.49 -5.64 -6.34
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-4.48 -5.47 -7.87 -4.90 -5.35 -6.62 -4.99 -3.89 -3.83 -4.97 -5.81
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
2.63 1.55 0.53 0.57 0.50 0.53 0.57 0.65 0.65 0.45 0.44
Price to Tangible Book Value (P/TBV)
3.30 1.55 0.53 0.57 0.50 0.53 0.57 0.65 0.65 0.45 0.44
Price to Revenue (P/Rev)
7.67 5.19 5.85 3.28 2.97 3.27 3.72 4.25 3.75 2.49 2.56
Price to Earnings (P/E)
0.00 0.00 1.13 1.17 1.01 1.03 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 88.78% 85.59% 99.41% 97.10% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
2.99 4.98 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
7.15 4.62 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
37.82 41.51 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 2.92 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.14 0.12 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage
-0.17 -0.43 -0.68 -0.82 -0.66 -0.84 -0.91 -0.90 -0.90 -0.89 -0.96
Leverage Ratio
1.44 1.50 1.25 1.20 1.18 1.19 1.09 1.07 1.07 1.05 1.06
Compound Leverage Factor
1.47 1.54 1.21 0.92 0.94 0.97 0.84 0.78 0.82 0.87 -0.11
Debt to Total Capital
12.36% 10.83% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
12.36% 10.83% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
87.64% 89.16% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA
-0.75 -0.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA
0.95 0.69 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
-0.89 -0.59 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT
1.13 0.82 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score
-1.66 -3.78 0.67 3.92 3.53 4.07 4.49 2.94 2.76 2.25 1.42
Noncontrolling Interest Sharing Ratio
0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
2.67 2.46 8.73 19.20 20.51 21.70 21.08 15.19 14.87 20.35 12.54
Quick Ratio
1.44 0.78 7.90 17.57 18.76 19.99 19.38 14.13 13.67 18.74 12.30
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
1.20 39 46 0.51 36 -3.30 -10 3.03 2.55 -0.46 16
Operating Cash Flow to CapEx
-560.78% -735.56% -1,426.09% -955.32% -1,089.70% -1,415.87% -818.47% 1,490.64% -321.43% -616.69% -3,760.57%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.23 0.19 0.10 0.20 0.19 0.19 0.13 0.14 0.15 0.16 0.15
Accounts Receivable Turnover
1.24 1.46 0.92 4.68 2.36 6.55 4.76 5.19 6.91 8.24 0.00
Inventory Turnover
0.91 1.09 0.95 2.61 1.39 2.83 2.75 2.71 2.54 2.79 0.00
Fixed Asset Turnover
2.93 2.44 1.70 3.29 3.07 3.10 2.83 2.86 3.10 3.26 6.04
Accounts Payable Turnover
2.75 2.93 2.09 6.42 4.12 10.36 5.39 6.34 4.60 9.47 11.40
Days Sales Outstanding (DSO)
294.86 250.86 395.88 78.05 154.98 55.69 76.69 70.37 52.79 44.32 0.00
Days Inventory Outstanding (DIO)
401.88 334.55 385.73 139.71 261.79 128.89 132.92 134.72 143.79 130.83 0.00
Days Payable Outstanding (DPO)
132.60 124.58 174.29 56.86 88.65 35.22 67.75 57.57 79.38 38.54 32.02
Cash Conversion Cycle (CCC)
564.14 460.84 607.32 160.89 328.12 149.35 141.86 147.51 117.19 136.61 -32.02
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
58 18 11 18 18 17 17 12 12 13 -6.40
Invested Capital Turnover
0.40 0.48 0.38 1.29 0.67 1.36 1.57 1.44 1.57 1.61 4.18
Increase / (Decrease) in Invested Capital
-4.75 -44 -53 -5.15 -40 -1.17 6.10 -6.33 -5.49 -3.40 -24
Enterprise Value (EV)
172 89 -63 -49 -58 -53 -45 -38 -36 -59 -80
Market Capitalization
185 101 83 87 75 77 82 91 89 60 57
Book Value per Share
$3.01 $2.78 $6.68 $6.45 $6.40 $6.20 $6.06 $5.92 $5.73 $5.54 $5.40
Tangible Book Value per Share
$2.40 $2.78 $6.68 $6.45 $6.40 $6.20 $6.06 $5.92 $5.73 $5.54 $5.40
Total Capital
80 73 157 154 150 146 144 141 137 133 131
Total Debt
9.89 7.91 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-13 -11 -146 -136 -133 -130 -127 -129 -125 -120 -137
Capital Expenditures (CapEx)
0.23 0.14 0.51 0.62 0.30 0.25 0.35 0.20 0.88 0.71 0.18
Debt-free, Cash-free Net Working Capital (DFCFNWC)
33 30 1.25 8.94 8.78 7.83 8.83 4.36 4.75 6.09 -5.68
Debt-free Net Working Capital (DFNWC)
55 49 147 145 141 137 135 133 130 126 81
Net Working Capital (NWC)
46 41 147 145 141 137 135 133 130 126 81
Net Nonoperating Expense (NNE)
1.01 1.51 -93 -4.28 0.96 1.57 -0.46 0.42 0.51 0.80 -8.01
Net Nonoperating Obligations (NNO)
-13 -47 -146 -136 -133 -130 -127 -129 -125 -120 -137
Total Depreciation and Amortization (D&A)
0.81 1.31 1.34 0.99 0.65 0.63 0.62 0.55 0.66 0.67 0.53
Debt-free, Cash-free Net Working Capital to Revenue
136.97% 155.17% 8.80% 33.57% 34.77% 33.27% 40.09% 20.31% 20.09% 25.09% -25.43%
Debt-free Net Working Capital to Revenue
230.03% 253.26% 1,037.27% 544.11% 560.47% 584.03% 614.99% 620.33% 548.38% 518.34% 364.27%
Net Working Capital to Revenue
188.99% 212.45% 1,037.27% 544.11% 560.47% 584.03% 614.99% 620.33% 548.38% 518.34% 364.27%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($0.21) ($0.27) $3.62 $0.00 ($0.21) ($0.26) ($0.15) ($0.17) ($0.15) ($0.20) $0.02
Adjusted Weighted Average Basic Shares Outstanding
23.37M 23.46M 23.66M 23.58M 23.60M 23.76M 23.85M 23.78M 24.04M 24.22M 24.19M
Adjusted Diluted Earnings per Share
($0.21) ($0.27) $3.62 $0.00 ($0.21) ($0.26) ($0.15) ($0.17) ($0.15) ($0.20) $0.02
Adjusted Weighted Average Diluted Shares Outstanding
23.37M 23.46M 23.66M 23.58M 23.60M 23.76M 23.85M 23.78M 24.04M 24.22M 24.19M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
23.38M 23.48M 23.89M 23.52M 23.62M 23.72M 23.75M 23.95M 24.01M 24.24M 23.86M
Normalized Net Operating Profit after Tax (NOPAT)
-3.54 -4.70 -6.69 -4.26 -3.65 -4.18 -3.63 -2.99 -2.93 -3.82 -7.27
Normalized NOPAT Margin
-53.23% -69.78% -102.37% -63.60% -69.19% -82.88% -72.39% -48.44% -39.49% -67.18% -235.53%
Pre Tax Income Margin
-80.75% -102.77% -137.31% -67.91% -90.83% -117.80% -85.81% -52.71% -46.45% -81.69% 21.15%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% 2.51% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -15.84%

Financials Breakdown Chart

Key Financial Trends

Identiv’s Q2 2026 results show improved year-over-year operating performance, but the company remains deeply unprofitable and cash-flow negative. Revenue was $5.7 million, up approximately 12.7% from $5.0 million in Q2 2025, while gross profit improved to $916,000 from a $474,000 gross loss in the year-ago quarter. However, revenue declined 23.4% sequentially from $7.4 million in Q1 2026, highlighting continued volatility.

  • Gross margins recovered. Gross margin was approximately 16.1% in Q2 2026, compared with negative gross margin in Q2 2025 and 9.1% in Q2 2024. This suggests better cost absorption and product economics, although margins remain modest.
  • Operating losses improved year over year. The operating loss narrowed to $5.5 million from $6.4 million in Q2 2025 and $6.7 million in Q2 2024. The improvement reflects higher revenue and a return to positive gross profit.
  • The balance sheet remains lightly levered. Identiv reported no short-term debt and total liabilities of $7.6 million against $133.1 million of equity. Its current ratio was approximately 20.3, providing substantial near-term liquidity.
  • Working-capital balances declined from Q1. Accounts receivable fell to $2.4 million from $3.2 million, while inventory declined to $8.5 million from $8.9 million. These reductions may help limit capital tied up in operations.
  • Cash reserves remain substantial. Cash and equivalents totaled $119.4 million at June 30, 2026, despite a quarterly cash decrease of $5.1 million. The company’s cash position is considerably stronger than it was in early 2024, when cash was below $22 million.
  • Interest and investment income is increasingly important. Identiv generated $995,000 of interest and investment income in Q2 2026, partially offsetting operating losses. This benefit may fluctuate with cash balances and interest rates and does not represent improvement in the core business.
  • Share count has risen modestly. Weighted-average basic shares increased to 24.2 million in Q2 2026 from 23.8 million in Q4 2025 and 23.5 million in Q2 2024, creating some dilution for existing shareholders.
  • Revenue momentum weakened sequentially. Revenue fell from $7.4 million in Q1 2026 to $5.7 million in Q2. Revenue has also been uneven, moving from $5.0 million in Q3 2025 to $6.2 million in Q4 2025, then $7.4 million and $5.7 million in the first two quarters of 2026.
  • Identiv remains significantly unprofitable. The company reported a $5.5 million operating loss and a $4.7 million net loss in Q2 2026, or negative $0.20 per diluted share. Selling, general and administrative, marketing, and research expenses totaled $6.4 million, far exceeding the $916,000 gross profit.
  • Operating cash burn accelerated. Cash used in operating activities increased to $4.4 million in Q2 2026 from $2.8 million in Q1 and $3.6 million in Q2 2025. Including $707,000 of capital expenditures, total cash declined by $5.1 million during the quarter.

Overall, Identiv has a strong cash cushion and minimal reported debt, but its core operations have not yet reached breakeven. Investors should focus on whether revenue can stabilize above recent quarterly levels, gross margins can remain positive, and operating expenses can be reduced enough to slow the company’s recurring cash burn.

11/15/26 10:41 AM ETAI Generated. May Contain Errors.

INVE Technologies Financials - Frequently Asked Questions

According to the most recent income statement we have on file, INVE Technologies' fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

INVE Technologies' net income appears to be on an upward trend, with a most recent value of -$18.00 million in 2025, rising from -$39.22 million in 2015. The previous period was $74.82 million in 2024. Check out INVE Technologies' forecast to explore projected trends and price targets.

INVE Technologies' total operating income in 2025 was -$22.15 million, based on the following breakdown:
  • Total Gross Profit: $1.31 million
  • Total Operating Expenses: $23.45 million

Over the last 10 years, INVE Technologies' total revenue changed from $60.79 million in 2015 to $21.48 million in 2025, a change of -64.7%.

In the past 12 quarters, INVE Technologies' cash and equivalents has ranged from $18.44 million in Q2 2024 to $145.36 million in Q3 2024, and is currently $86.79 million as of their latest financial filing in Q3 2026.

INVE Technologies had total debt of $0.00 at the end of 2025, compared with none in 2024, and a 100.0% decrease since 2015.

Over the last 10 years, INVE Technologies' book value per share changed from 1.33 in 2015 to 5.92 in 2025, a change of 344.0%.



Financial statements for NASDAQ:INVE last updated on 11/13/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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