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Side-by-side financial comparison of Xiao-I Corp (AIXI) and Identiv, Inc. (INVE). Click either name above to swap in a different company.

Xiao-I Corp is the larger business by last-quarter revenue ($11.5M vs $6.2M, roughly 1.9× Identiv, Inc.). Identiv, Inc. runs the higher net margin — -60.3% vs -263.9%, a 203.5% gap on every dollar of revenue.

Xiao-i is a Chinese cognitive artificial intelligence enterprise founded in 2001.

Identiv is a publicly traded Internet of Things technology company listed on the Nasdaq stock market.

AIXI vs INVE — Head-to-Head

Bigger by revenue
AIXI
AIXI
1.9× larger
AIXI
$11.5M
$6.2M
INVE
Higher net margin
INVE
INVE
203.5% more per $
INVE
-60.3%
-263.9%
AIXI

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
AIXI
AIXI
INVE
INVE
Revenue
$11.5M
$6.2M
Net Profit
$-30.4M
$-3.7M
Gross Margin
58.1%
18.1%
Operating Margin
-254.9%
-76.4%
Net Margin
-263.9%
-60.3%
Revenue YoY
-7.9%
Net Profit YoY
-948.2%
EPS (diluted)
$-0.17

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AIXI
AIXI
INVE
INVE
Q4 25
$6.2M
Q3 25
$5.0M
Q2 25
$11.5M
$5.0M
Q1 25
$5.3M
Q4 24
$6.7M
Q3 24
$6.5M
Q2 24
$33.0M
$6.7M
Q1 24
$6.7M
Net Profit
AIXI
AIXI
INVE
INVE
Q4 25
$-3.7M
Q3 25
$-3.5M
Q2 25
$-30.4M
$-6.0M
Q1 25
$-4.8M
Q4 24
$-355.0K
Q3 24
$85.9M
Q2 24
$-15.5M
$-6.2M
Q1 24
$-4.6M
Gross Margin
AIXI
AIXI
INVE
INVE
Q4 25
18.1%
Q3 25
10.7%
Q2 25
58.1%
-9.4%
Q1 25
2.5%
Q4 24
-14.9%
Q3 24
3.6%
Q2 24
64.5%
9.1%
Q1 24
7.3%
Operating Margin
AIXI
AIXI
INVE
INVE
Q4 25
-76.4%
Q3 25
-111.4%
Q2 25
-254.9%
-126.7%
Q1 25
-103.8%
Q4 24
-98.9%
Q3 24
-146.2%
Q2 24
-45.0%
-99.7%
Q1 24
-76.0%
Net Margin
AIXI
AIXI
INVE
INVE
Q4 25
-60.3%
Q3 25
-68.9%
Q2 25
-263.9%
-119.9%
Q1 25
-90.9%
Q4 24
-5.3%
Q3 24
1315.8%
Q2 24
-47.2%
-92.2%
Q1 24
-68.5%
EPS (diluted)
AIXI
AIXI
INVE
INVE
Q4 25
$-0.17
Q3 25
$-0.15
Q2 25
$-0.26
Q1 25
$-0.21
Q4 24
$0.00
Q3 24
$3.62
Q2 24
$-0.64
$-0.27
Q1 24
$-0.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AIXI
AIXI
INVE
INVE
Cash + ST InvestmentsLiquidity on hand
$5.0M
$128.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$140.7M
Total Assets
$82.4M
$151.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIXI
AIXI
INVE
INVE
Q4 25
$128.6M
Q3 25
$126.3M
Q2 25
$5.0M
$129.3M
Q1 25
$132.4M
Q4 24
$135.6M
Q3 24
$145.4M
Q2 24
$1.8M
$18.4M
Q1 24
$21.6M
Stockholders' Equity
AIXI
AIXI
INVE
INVE
Q4 25
$140.7M
Q3 25
$143.7M
Q2 25
$146.4M
Q1 25
$150.5M
Q4 24
$154.1M
Q3 24
$156.7M
Q2 24
$65.1M
Q1 24
$70.2M
Total Assets
AIXI
AIXI
INVE
INVE
Q4 25
$151.3M
Q3 25
$151.0M
Q2 25
$82.4M
$153.9M
Q1 25
$158.7M
Q4 24
$163.2M
Q3 24
$177.0M
Q2 24
$87.6M
$97.8M
Q1 24
$101.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AIXI
AIXI
INVE
INVE
Operating Cash FlowLast quarter
$-2.3M
$3.0M
Free Cash FlowOCF − Capex
$2.8M
FCF MarginFCF / Revenue
45.8%
Capex IntensityCapex / Revenue
3.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-7.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIXI
AIXI
INVE
INVE
Q4 25
$3.0M
Q3 25
$-2.9M
Q2 25
$-2.3M
$-3.6M
Q1 25
$-3.3M
Q4 24
$-5.9M
Q3 24
$-7.2M
Q2 24
$-993.0K
Q1 24
$-1.3M
Free Cash Flow
AIXI
AIXI
INVE
INVE
Q4 25
$2.8M
Q3 25
$-3.2M
Q2 25
$-3.8M
Q1 25
$-3.6M
Q4 24
$-6.5M
Q3 24
$-7.7M
Q2 24
$-1.1M
Q1 24
$-1.5M
FCF Margin
AIXI
AIXI
INVE
INVE
Q4 25
45.8%
Q3 25
-64.5%
Q2 25
-75.8%
Q1 25
-68.0%
Q4 24
-97.7%
Q3 24
-118.2%
Q2 24
-16.7%
Q1 24
-23.0%
Capex Intensity
AIXI
AIXI
INVE
INVE
Q4 25
3.3%
Q3 25
7.0%
Q2 25
5.0%
Q1 25
5.7%
Q4 24
9.3%
Q3 24
7.7%
Q2 24
2.0%
Q1 24
3.5%
Cash Conversion
AIXI
AIXI
INVE
INVE
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
-0.08×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIXI
AIXI

Segment breakdown not available.

INVE
INVE

Other$3.4M55%
Europe And Middle East$2.2M36%
Asia Pacific$575.0K9%

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