vs
Side-by-side financial comparison of Identiv, Inc. (INVE) and NexPoint Real Estate Finance, Inc. (NREF). Click either name above to swap in a different company.
NexPoint Real Estate Finance, Inc. is the larger business by last-quarter revenue ($11.1M vs $6.2M, roughly 1.8× Identiv, Inc.). NexPoint Real Estate Finance, Inc. runs the higher net margin — 216.6% vs -60.3%, a 277.0% gap on every dollar of revenue. On growth, Identiv, Inc. posted the faster year-over-year revenue change (-7.9% vs -48.8%).
Identiv is a publicly traded Internet of Things technology company listed on the Nasdaq stock market.
NexPoint Real Estate Finance, Inc. is a US-based commercial real estate finance firm that offers structured financing solutions for multifamily, office, industrial, and hospitality properties. It focuses on originating, managing and servicing a diversified portfolio of mortgage loans and real estate-related investments to deliver stable risk-adjusted returns to stakeholders.
INVE vs NREF — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $6.2M | $11.1M |
| Net Profit | $-3.7M | $24.0M |
| Gross Margin | 18.1% | — |
| Operating Margin | -76.4% | — |
| Net Margin | -60.3% | 216.6% |
| Revenue YoY | -7.9% | -48.8% |
| Net Profit YoY | -948.2% | 58.7% |
| EPS (diluted) | $-0.17 | $0.47 |
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.
| Q4 25 | $6.2M | $11.1M | ||
| Q3 25 | $5.0M | $12.5M | ||
| Q2 25 | $5.0M | $12.1M | ||
| Q1 25 | $5.3M | $11.5M | ||
| Q4 24 | $6.7M | $21.7M | ||
| Q3 24 | $6.5M | $12.5M | ||
| Q2 24 | $6.7M | $6.7M | ||
| Q1 24 | $6.7M | $-12.8M |
| Q4 25 | $-3.7M | $24.0M | ||
| Q3 25 | $-3.5M | $50.9M | ||
| Q2 25 | $-6.0M | $22.3M | ||
| Q1 25 | $-4.8M | $26.0M | ||
| Q4 24 | $-355.0K | $15.2M | ||
| Q3 24 | $85.9M | $23.3M | ||
| Q2 24 | $-6.2M | $12.1M | ||
| Q1 24 | $-4.6M | $-14.6M |
| Q4 25 | 18.1% | — | ||
| Q3 25 | 10.7% | — | ||
| Q2 25 | -9.4% | — | ||
| Q1 25 | 2.5% | — | ||
| Q4 24 | -14.9% | — | ||
| Q3 24 | 3.6% | — | ||
| Q2 24 | 9.1% | — | ||
| Q1 24 | 7.3% | — |
| Q4 25 | -76.4% | — | ||
| Q3 25 | -111.4% | — | ||
| Q2 25 | -126.7% | — | ||
| Q1 25 | -103.8% | — | ||
| Q4 24 | -98.9% | — | ||
| Q3 24 | -146.2% | — | ||
| Q2 24 | -99.7% | — | ||
| Q1 24 | -76.0% | — |
| Q4 25 | -60.3% | 216.6% | ||
| Q3 25 | -68.9% | 407.0% | ||
| Q2 25 | -119.9% | 184.5% | ||
| Q1 25 | -90.9% | 225.6% | ||
| Q4 24 | -5.3% | 69.9% | ||
| Q3 24 | 1315.8% | 186.4% | ||
| Q2 24 | -92.2% | 179.7% | ||
| Q1 24 | -68.5% | 114.3% |
| Q4 25 | $-0.17 | $0.47 | ||
| Q3 25 | $-0.15 | $1.14 | ||
| Q2 25 | $-0.26 | $0.54 | ||
| Q1 25 | $-0.21 | $0.70 | ||
| Q4 24 | $0.00 | $0.71 | ||
| Q3 24 | $3.62 | $0.74 | ||
| Q2 24 | $-0.27 | $0.40 | ||
| Q1 24 | $-0.21 | $-0.83 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $128.6M | $31.1M |
| Total DebtLower is stronger | — | $771.2M |
| Stockholders' EquityBook value | $140.7M | $388.0M |
| Total Assets | $151.3M | $5.3B |
| Debt / EquityLower = less leverage | — | 1.99× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $128.6M | $31.1M | ||
| Q3 25 | $126.3M | $17.9M | ||
| Q2 25 | $129.3M | $9.1M | ||
| Q1 25 | $132.4M | $19.2M | ||
| Q4 24 | $135.6M | $3.9M | ||
| Q3 24 | $145.4M | $34.7M | ||
| Q2 24 | $18.4M | $4.3M | ||
| Q1 24 | $21.6M | $13.5M |
| Q4 25 | — | $771.2M | ||
| Q3 25 | — | $720.9M | ||
| Q2 25 | — | $815.6M | ||
| Q1 25 | — | $831.5M | ||
| Q4 24 | — | $799.3M | ||
| Q3 24 | — | $815.5M | ||
| Q2 24 | — | $861.0M | ||
| Q1 24 | — | $843.3M |
| Q4 25 | $140.7M | $388.0M | ||
| Q3 25 | $143.7M | $375.4M | ||
| Q2 25 | $146.4M | $348.2M | ||
| Q1 25 | $150.5M | $343.7M | ||
| Q4 24 | $154.1M | $336.5M | ||
| Q3 24 | $156.7M | $335.8M | ||
| Q2 24 | $65.1M | $327.5M | ||
| Q1 24 | $70.2M | $327.1M |
| Q4 25 | $151.3M | $5.3B | ||
| Q3 25 | $151.0M | $5.3B | ||
| Q2 25 | $153.9M | $5.4B | ||
| Q1 25 | $158.7M | $5.4B | ||
| Q4 24 | $163.2M | $5.4B | ||
| Q3 24 | $177.0M | $5.7B | ||
| Q2 24 | $97.8M | $6.6B | ||
| Q1 24 | $101.8M | $7.1B |
| Q4 25 | — | 1.99× | ||
| Q3 25 | — | 1.92× | ||
| Q2 25 | — | 2.34× | ||
| Q1 25 | — | 2.42× | ||
| Q4 24 | — | 2.38× | ||
| Q3 24 | — | 2.43× | ||
| Q2 24 | — | 2.63× | ||
| Q1 24 | — | 2.58× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $3.0M | $-4.5M |
| Free Cash FlowOCF − Capex | $2.8M | — |
| FCF MarginFCF / Revenue | 45.8% | — |
| Capex IntensityCapex / Revenue | 3.3% | — |
| Cash ConversionOCF / Net Profit | — | -0.19× |
| TTM Free Cash FlowTrailing 4 quarters | $-7.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.0M | $-4.5M | ||
| Q3 25 | $-2.9M | $8.1M | ||
| Q2 25 | $-3.6M | $3.3M | ||
| Q1 25 | $-3.3M | $16.0M | ||
| Q4 24 | $-5.9M | $4.4M | ||
| Q3 24 | $-7.2M | $14.7M | ||
| Q2 24 | $-993.0K | $-7.5M | ||
| Q1 24 | $-1.3M | $17.7M |
| 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 | — |
| 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% | — |
| 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% | — |
| Q4 25 | — | -0.19× | ||
| Q3 25 | — | 0.16× | ||
| Q2 25 | — | 0.15× | ||
| Q1 25 | — | 0.62× | ||
| Q4 24 | — | 0.29× | ||
| Q3 24 | -0.08× | 0.63× | ||
| Q2 24 | — | -0.62× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
INVE
| Other | $3.4M | 55% |
| Europe And Middle East | $2.2M | 36% |
| Asia Pacific | $575.0K | 9% |
NREF
Segment breakdown not available.