Financials · INVE

INVE Technologies Inc. (INVE) financials

For the twelve months ended Jun 30, 2026, INVE Technologies Inc. reported $24.27M of revenue and -$15.27M of net income.

Revenue, TTM
$24.27M
Revenue growth, YoY
+3.1%
Net income, TTM
-$15.27M
Net margin
-62.9%
Free cash flow, TTM
-$9.19M
EPS, diluted, TTM
-$0.67
Cash
$119.41M
P/S
2.65
Market cap
$64.2M
Annual revenue$21.48M
FY2016FY2025
Annual net income-$18.00M
FY2016FY2025
Annual free cash flow-$7.81M
FY2016FY2025

INVE revenue and earnings growth

INVE revenueQ2 2026$5.68M

Quarter YoY
+12.7%
QoQ
-23.4%
FY YoY
-19.3%
5Y CAGR
-24.4%
10Y CAGR
-9.9%

INVE revenue was $5.68M in fiscal Q2 2026 (ended Jun 30, 2026), up 12.7% from a year earlier and down 23.4% from the prior quarter. For the full fiscal 2025 it was $21.48M, down 19.3% from fiscal 2024. Compound annual growth was -24.4% over 5 years and -9.9% over 10 years. It rose in 6 of the last 10 fiscal years.

INVE net incomeQ2 2026-$4.65M

INVE net income was -$4.65M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$6.04M a year earlier. For the full fiscal 2025 it was -$18.00M, compared with $74.82M in fiscal 2024.

INVE EPSQ2 2026-$0.20

INVE diluted EPS was -$0.20 in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$0.26 a year earlier. For the full fiscal 2025 it was -$0.79, compared with $3.14 in fiscal 2024.

INVE free cash flowQ2 2026-$5.07M

INVE free cash flow was -$5.07M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$3.82M a year earlier. For the full fiscal 2025 it was -$7.81M, compared with -$16.93M in fiscal 2024.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$21.48M$26.63M$43.45M$112.92M$103.77M$86.92M$83.75M$78.14M$60.22M$56.17M
Cost of revenue$20.18M$26.29M$37.44M$71.97M$66.70M$53.24M$47.10M$44.81M$38.06M$32.44M
Gross profit$1.31M$340.0K$6.01M$40.94M$37.07M$33.68M$36.65M$33.33M$22.16M$23.73M
Research and development$3.28M$3.89M$4.40M$9.92M$8.67M$9.78M$8.62M$7.24M$6.15M$6.52M
Selling, general and admin$13.07M$18.15M$9.33M$10.43M$11.89M$8.62M$9.45M$10.82M$7.24M$11.31M
Operating income-$22.15M-$27.96M-$13.51M-$333.0K-$1.35M-$3.45M-$109.0K-$1.86M-$4.63M-$11.22M
Pre-tax income-$18.27M-$25.82M-$13.81M-$291.0K$1.65M-$5.03M-$825.0K-$4.55M-$8.37M-$13.57M
Income tax-$268.0K$90.0K$65.0K$101.0K$28.0K$73.0K$326.0K$155.0K-$214.0K$132.0K
Net income-$18.00M$74.82M-$5.49M-$392.00B$1.62T-$5.11M-$1.15M-$4.71M-$8.14M-$13.70M
EPS, basic-$0.79$3.14-$0.29-$0.07$0.02-$0.34-$0.13-$0.35-$0.61-$1.25
EPS, diluted-$0.79$3.14-$0.29-$0.07$0.02-$0.34-$0.13-$0.35-$0.61-$1.25
Diluted shares23.8M23.6M23.1M22.7M22.3M18.0M17.0M15.7M13.3M10.9M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$128.61M$135.65M$23.31M$16.65M$28.55M$11.41M$9.38M$10.87M$19.05M$9.12M
Receivables$4.07M$4.21M$7.17M$24.83M$19.96M$18.93M$18.36M$14.95M$12.28M$9.43M
Inventory$7.42M$7.47M$12.65M$28.96M$19.92M$20.30M$16.14M$13.63M$11.13M$11.60M
Current assets$142.66M$152.84M$79.49M$75.10M$72.73M$53.45M$46.18M$42.19M$44.24M$31.65M
Goodwill--$10.22M$10.19M$10.27M$10.27M$10.24M$9.29M--
Total assets$151.34M$163.22M$109.72M$102.77M$96.66M$78.68M$74.32M$66.31M$51.36M$40.60M
Current liabilities$9.39M$7.96M$30.78M$23.39M$20.85M$41.57M$34.48M$29.48M$21.02M$22.57M
Short-term debt-$0$9.95M--$20.08M$14.19M-$888.0K$786.0K
Long-term debt--------$3.00M$3.99M
Total debt--------$3.89M$4.77M
Total liabilities$10.64M$9.16M$35.45M$27.37M$22.15M$44.49M$38.85M$32.61M$27.51M$36.67M
Shareholders' equity$140.70M$154.07M$74.27M$75.39M$74.51M$34.19M$35.47M$33.70M$23.85M$3.93M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow-$6.70M-$15.43M$1.16M-$7.81M$1.23M-$1.77M$427.0K-$5.20M-$7.71M-$6.22M
Capital expenditures$1.11M$1.49M$4.28M$3.90M$2.09M$1.56M$289.0K$1.35M$967.0K$549.0K
Free cash flow-$7.81M-$16.93M-$3.13M-$11.71M-$859.0K-$3.33M$138.0K-$6.54M-$8.68M-$6.77M
Investing cash flow-$810.0K$141.49M-$4.15M-$3.87M-$1.48M-$1.56M-$1.48M-$3.37M-$967.0K-$549.0K
Financing cash flow-$431.0K-$13.63M$10.07M-$1.04M$19.34M$4.85M-$227.0K$808.0K$17.96M-$221.0K
Share repurchases-$1.88M-------$221.0K
Stock-based compensation$3.20M$8.73M$3.97M-$2.61M$3.03M$2.65M$2.65M$2.48M$2.84M
Depreciation and amortization$2.03M$2.87M$2.73M$2.27M$1.97M$3.31M$3.58M$3.17M$2.75M$3.17M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY-19.3%-38.7%-61.5%8.8%19.4%3.8%7.2%29.8%7.2%-7.6%
Gross margin6.1%1.3%13.8%36.3%35.7%38.7%43.8%42.7%36.8%42.2%
Operating margin-103.1%-105.0%-31.1%-0.3%-1.3%-4.0%-0.1%-2.4%-7.7%-20.0%
Net margin-83.8%281.0%-12.6%-347163.8%1561159.9%-5.9%-1.4%-6.0%-13.5%-24.4%
Free cash flow margin-36.4%-63.6%-7.2%-10.4%-0.8%-3.8%0.2%-8.4%-14.4%-12.0%
Return on equity-12.8%48.6%-7.4%-519935.3%2174146.4%-14.9%-3.2%-14.0%-34.1%-348.2%
Return on assets-11.9%45.8%-5.0%-381452.8%1675925.6%-6.5%-1.5%-7.1%-15.8%-33.7%
Current ratio15.1919.202.583.213.491.291.341.432.111.40
Debt to equity--------0.161.21

Source: XBRL data INVE Technologies Inc. files with the SEC, latest filing dated Aug 13, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures and share counts are restated for stock splits the filings show: 1-for-10, first reported Aug 14, 2014.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

INVE peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
INVE$24.27M+3.1%-$15.27M-62.9%$64.2M
PANW$11.48B+24.5%$307.00M2.7%$270.81B
FTNT$7.88B+20.2%$2.28B29.0%$89.98B
LOGI$4.95B+5.7%$810.23M16.4%$13.83B
CRSR$1.47B+1.6%$44.86M3.0%$1.33B
EVLV$171.44M+41.7%-$5.22M-3.0%$862.2M
MITK$197.90M+11.1%$22.54M11.4%$834.8M
SSYS$551.10M-3.7%-$104.28M-18.9%$588.4M
IMMR$1.73B+4.1%$10.33M0.6%$230.4M

INVE FAQ

9 questions
  • What is INVE revenue?
    INVE Technologies Inc. (INVE) reported $24.27M of revenue for the twelve months ended Jun 30, 2026. That is up 3.1% from the year before. Revenue for fiscal 2025 was $21.48M.
  • Is INVE profitable?
    No. INVE Technologies Inc. reported a net loss of $15.27M for the twelve months ended Jun 30, 2026.
  • How much cash and debt does INVE have?
    INVE Technologies Inc. reported $119.41M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is INVE revenue growing?
    INVE Technologies Inc.'s revenue changed -19.3% in fiscal 2025, to $21.48M. Its compound annual growth rate was -24.4% over 5 years and -9.9% over 10 years.
  • What is INVE gross margin?
    INVE Technologies Inc.'s gross profit was $3.86M on $24.27M of revenue for the twelve months ended Jun 30, 2026, a gross margin of 15.9%.
  • What is INVE free cash flow?
    INVE Technologies Inc. generated -$9.19M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of -$7.05M less capital expenditures.
  • What is INVE earnings per share?
    Diluted earnings per share were -$0.67 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did INVE last report financial results?
    The latest statements here come from INVE Technologies Inc.'s 10-Q filed on Aug 13, 2026, covering the period ended Jun 30, 2026.
  • Where does this INVE financial data come from?
    Quantisnow builds these statements from the structured XBRL data INVE Technologies Inc. files with the SEC. It is provided for information only and is not investment advice.