IVDA Stock Declines 43.4% as Q2 Loss Widens, Revenues Fall Y/Y
Iveda Solutions (IVDA) reported Q2 2026 revenues of $801,846, down 48% year-over-year, with equipment sales falling 50%. The net loss widened 41% to $793,469. However, gross margin improved to 55% from 29% due to favorable sales mix and lower cost of revenues. The company faces high customer concentration with three customers generating 72% of revenues, and continues to burn cash operationally. Management attributes revenue decline to delivery timing on long-term government contracts rather than lost demand.