51% jump in half-year revenue: The Israeli company conquering the USA
With revenue of approximately 7.5 million shekels and accelerated expansion in the American market, the medical technology company concludes an exceptionally successful first half. These are the figures revealed in the reports.
The medical technology company Identiv Healthcare concludes a strong first half of 2026 with a jump of approximately 51% in revenue, which totaled about 7.5 million shekels. The impressive growth was recorded mainly thanks to accelerated expansion in the American market, which has become the company's main growth engine. Identiv's sales in the USA jumped 10-fold and reached about 2.87 million shekels — a figure representing about 38.4% of its total revenue, compared to only 5.7% in the corresponding period last year.
The increase in sales also translated into an improvement in profitability: gross profit climbed by approximately 64% to about 3.43 million shekels, while the operating loss narrowed by approximately 40% to about 1.87 million shekels. During the half-year, the company recorded significant milestones, including agreements and initial orders for the implementation of its documentation and tracking technology in leading medical institutions in the USA, led by the Mayo Clinic network, alongside contracts with Virginia Ortho and Onvida. At the same time, the company continued to expand its operations in Israel with the supply of narcotics cabinets to the Sheba Hospital, alongside winning tenders in Greece.
Shlomo Matityahu, CEO of Identiv, noted that the results reflect significant progress in the commercialization of the technology, alongside an improvement in operational metrics. According to him, the combination of automation, artificial intelligence, and SaaS solutions allows hospitals to streamline clinical processes and generate measurable economic value, as the company will continue to deepen its hold on the American market and international markets.
As recalled, in 2024, the company recorded a massive jump in its stock of approximately 179.9% within just one month to a rate of 346 agorot, outpacing companies like Plaza Centers and LivePerson on the list of soaring stocks.
