Identiv (NASDAQ: INVE) is an RFID and IoT technology company that designs, produces, and sells radio-frequency identification and Bluetooth Low Energy enabled devices, primarily inlays, tags, and labels that give physical objects a digital identity. Revenue comes from transactional product sales through a channel model, selling to RFID converter companies, system integrators, solution providers, and OEMs. The company's IoT inlays, tags, and labels have been integrated into more than 1.5 billion applications globally, as disclosed in the FY2025 10-K filed March 26, 2026. Manufacturing operations and third-party contract manufacturers are located in China, Singapore, and Thailand. Sales span the Americas, Europe, the Middle East, and Asia-Pacific. The company operates under a "Perform, Accelerate, Transform" strategic framework launched in Q4 2024, with a stated focus on core channel business optimization, BLE platform expansion into healthcare, and inorganic growth. Identiv exited its lowest-margin RFID business by the end of Q4 2025 in response to competitive pricing pressure from increased global production capacity among RFID competitors.

Revenue model

Transactional product sales of RFID inlays, tags, and labels sold through a channel model to converters, system integrators, solution providers, and OEMs, who in turn serve end-market customers including OEMs across multiple sectors.

Products and services

RFID inlays, tags, and labels incorporating RFID chips and tuned antennas; Bluetooth Low Energy (BLE) enabled devices; IoT connectivity solutions for product authenticity, asset tracking, supply chain management, brand protection, tamper detection, consumer engagement, and instrumentation. BLE platform targeted at healthcare applications as of FY2025.

Customers and end markets

Primary customers are RFID converter companies, system integrators, solution providers, and OEMs served through a channel go-to-market model. End-market applications include supply chain management, product authentication, anti-counterfeiting, brand protection, asset tracking, tamper detection, consumer engagement, and healthcare IoT.

Value-chain role

Upstream specialty component manufacturer and technology developer. Identiv designs and produces RFID and BLE inlays, tags, and labels that are incorporated into finished products by converters, system integrators, and OEMs. It purchases key components, including RFID chips, from a limited number of suppliers and relies on third-party contract manufacturers in Southeast Asia.

Geographic exposure

Sales in Americas, Europe, Middle East, and Asia-Pacific. Manufacturing in China, Singapore, and Thailand as disclosed in the FY2025 10-K filed March 26, 2026.

Source: SEC 10-K, filed 2026-03-26

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