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Impinj, Inc.(PI)Earnings, Financials & Key Ratios
PI•NASDAQ
$151.33
$4.61B mkt cap·Price updated May 7, 2026
AboutImpinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform, which comprises multiple product families, wirelessly connects individual items and delivers data about the connected items to business and consumer applications. The company's platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item. Its platform also consists of systems products that comprise reader ICs, readers, and gateways to wirelessly provide power to and communicate bidirectionally with endpoint ICs on host items, as well as to read, write, authenticate, and engage the endpoint ICs on those items; and software and algorithms that enables its partners to deliver use cases, such as retail self-checkout and loss prevention, and warehouse pallet and carton tracking to end-users. The company primarily serves retail, supply chain and logistics, aviation, automotive, healthcare, industrial and manufacturing, sports, food, datacenter, travel, banking, and linen and uniform tracking sectors through distributors, system integrators, value-added resellers, and software solution partners. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.Show more
- Revenue$361M-1.4%
- EBITDA$14M+119.4%
- Net Income-$11M-126.6%
- EPS (Diluted)-0.37-126.6%
- Gross Margin51.96%+0.7%
- EBITDA Margin3.96%+122.5%
- Operating Margin-0.2%+89.4%
- Net Margin-3%-126.9%
- ROE-6.04%-113.6%
- ROIC-0.12%+92.5%
- Debt/Equity1.56-21.6%
- Interest Coverage-1.50-123.4%
PI Key Insights
Impinj, Inc. (PI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 26.9%
- ✓Strong 5Y sales CAGR of 21.1%
✗Weaknesses
- ✗Trading more than 30% below 52-week high
- ✗Expensive at 21.2x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
PI Price & Volume
Impinj, Inc. (PI) stock price & volume — 10-year historical chart
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PI Growth Metrics
Impinj, Inc. (PI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years16.49%
5 Years21.05%
3 Years11.88%
TTM-0.69%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-2789.97%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-1840.38%
Return on Capital
10 Years-11.88%
5 Years-7.93%
3 Years-5.61%
Last Year-0.26%
PI Recent Earnings
Impinj, Inc. (PI) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
Apr 29, 2026EPS
$0.14
Est $0.11
+27.3%
Revenue
$74M
Est $73M
+2.4%
Q1 2026
Feb 5, 2026EPS
$0.50
Est $0.50
+0.0%
Revenue
$93M
Est $92M
+0.6%
Q4 2025
Oct 29, 2025EPS
$0.58
Est $0.51
+13.7%
Revenue
$96M
Est $92M
+4.6%
Q3 2025
Jul 30, 2025EPS
$0.80
Est $0.71
+12.7%
Revenue
$98M
Est $92M
+5.9%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $0.14vs $0.11+27.3% | $74Mvs $73M+2.4% |
| Q1 2026 | Feb 5, 2026 | $0.50vs $0.50+0.0% | $93Mvs $92M+0.6% |
| Q4 2025 | Oct 29, 2025 | $0.58vs $0.51+13.7% | $96Mvs $92M+4.6% |
| Q3 2025 | Jul 30, 2025 | $0.80vs $0.71+12.7% | $98Mvs $92M+5.9% |
Based on last 12 quarters of dataView full earnings history →
PI Peer Comparison
Impinj, Inc. (PI) competitors in Wireless Access and Backhaul Equipment — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 SAIC | 4.24B | 94.12 | 12.22 | -2.9% | 4.93% | 23.73% | 0.14 | |
 RFIL | 161.24M | 14.91 | 2130 | 24.25% | 0.34% | 0.77% | 0.76 | |
 OSIS | 3.97B | 241.11 | 27.68 | 11.33% | 8.42% | 16.74% | 0.72 | |
 IDCC | 7.18B | 278.77 | 23.62 | -3.97% | 44.2% | 33.37% | 0.46 | |
 COHU | 2.23B | 47.48 | -29.86 | 12.74% | -11.54% | -6.84% | 0.46 | |
 ONTO | 13.63B | 274.03 | 98.57 | 1.82% | 10.33% | 5.19% | 0.01 | |
 VICR | 11.79B | 261.34 | 100.13 | 13.55% | 26.19% | 18.73% | 0.02 | |
 SMTC | 11.21B | 121.50 | -53.76 | 4.67% | 2.78% | 5.12% | 1.02 |
Compare PI vs Peers
Impinj, Inc. (PI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
PI Income Statement
Impinj, Inc. (PI) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 125.3M | 122.63M | 152.84M | 138.92M | 190.28M | 257.8M | 307.54M | 366.09M | 361.07M | 361.05M |
| Revenue Growth % | 11.59% | -2.13% | 24.63% | -9.1% | 36.97% | 35.48% | 19.29% | 19.04% | -1.37% | -0.69% |
| Cost of Goods Sold | 60.36M | 64.35M | 78.83M | 73.78M | 91.33M | 119.92M | 155.56M | 177.23M | 173.47M | 172.13M |
| COGS % of Revenue | 48.17% | 52.48% | 51.58% | 53.11% | 48% | 46.52% | 50.58% | 48.41% | 48.04% | - |
| Gross Profit | 64.94M▲ 0% | 58.28M▼ 10.3% | 74M▲ 27.0% | 65.14M▼ 12.0% | 98.95M▲ 51.9% | 137.88M▲ 39.3% | 151.98M▲ 10.2% | 188.85M▲ 24.3% | 187.6M▼ 0.7% | 188.92M▲ 0% |
| Gross Margin % | 51.83% | 47.52% | 48.42% | 46.89% | 52% | 53.48% | 49.42% | 51.59% | 51.96% | 52.33% |
| Gross Profit Growth % | 9.23% | -10.26% | 26.97% | -11.98% | 51.91% | 39.34% | 10.22% | 24.26% | -0.66% | - |
| Operating Expenses | 81.96M | 93.15M | 95.66M | 112.21M | 136.2M | 157.36M | 195.47M | 195.92M | 188.34M | 195.26M |
| OpEx % of Revenue | 65.41% | 75.96% | 62.59% | 80.77% | 71.58% | 61.04% | 63.56% | 53.52% | 52.16% | - |
| Selling, General & Admin | 49.74M | 55.23M | 56.78M | 58.26M | 70.42M | 83.36M | 98.68M | 90.39M | 85.72M | 87.64M |
| SG&A % of Revenue | 39.7% | 45.04% | 37.15% | 41.94% | 37.01% | 32.33% | 32.09% | 24.69% | 23.74% | - |
| Research & Development | 32.22M | 34.17M | 38.88M | 48.59M | 64.06M | 74.11M | 88.56M | 98.83M | 102.61M | 106.03M |
| R&D % of Revenue | 25.71% | 27.86% | 25.44% | 34.98% | 33.66% | 28.75% | 28.8% | 27% | 28.42% | - |
| Other Operating Expenses | 0 | 3.75M | 0 | 5.36M | 1.72M | -102K | 8.22M | 6.7M | 0 | 1.59M |
| Operating Income | -17.02M▲ 0% | -34.87M▼ 104.9% | -21.66M▲ 37.9% | -47.07M▼ 117.3% | -37.25M▲ 20.9% | -19.48M▲ 47.7% | -43.48M▼ 123.2% | -7.07M▲ 83.7% | -737K▲ 89.6% | -6.34M▲ 0% |
| Operating Margin % | -13.58% | -28.43% | -14.17% | -33.88% | -19.58% | -7.56% | -14.14% | -1.93% | -0.2% | -1.75% |
| Operating Income Growth % | -3387.5% | -104.88% | 37.88% | -117.31% | 20.87% | 47.71% | -123.24% | 83.74% | 89.57% | - |
| EBITDA | -13.07M | -30.34M | -16.85M | -42.57M | -32.65M | -13.44M | -29.86M | 6.52M | 14.3M | 9.03M |
| EBITDA Margin % | -10.43% | -24.74% | -11.03% | -30.64% | -17.16% | -5.21% | -9.71% | 1.78% | 3.96% | 2.5% |
| EBITDA Growth % | -648.89% | -132.11% | 44.45% | -152.59% | 23.3% | 58.85% | -122.26% | 121.83% | 119.4% | 8.84% |
| D&A (Non-Cash Add-back) | 3.95M | 4.53M | 4.81M | 4.5M | 4.6M | 6.04M | 13.62M | 13.59M | 15.04M | 15.36M |
| EBIT | -17.02M | -31.12M | -21.66M | -41.71M | -35.53M | -19.58M | -40.21M | -3.27M | -6.55M | -26.05M |
| Net Interest Income | -908K | -1.4M | -1.79M | -5.41M | -2.55M | -4.92M | -4.85M | -4.87M | -4.37M | -3.4M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 908K | 1.4M | 1.79M | 5.41M | 2.55M | 4.92M | 4.85M | 4.87M | 4.37M | 3.4M |
| Other Income/Expense | -400K | -595K | -1.13M | -4.76M | -13.86M | -4.64M | -204K | 48.06M | -10.18M | -21.06M |
| Pretax Income | -17.42M▲ 0% | -35.46M▼ 103.6% | -22.79M▲ 35.7% | -51.83M▼ 127.5% | -51.11M▲ 1.4% | -24.12M▲ 52.8% | -43.69M▼ 81.2% | 40.99M▲ 193.8% | -10.92M▼ 126.6% | -27.4M▲ 0% |
| Pretax Margin % | -13.9% | -28.92% | -14.91% | -37.31% | -26.86% | -9.35% | -14.21% | 11.2% | -3.02% | -7.59% |
| Income Tax | -97K | -233K | 198K | 89K | 153K | 184K | -322K | 157K | -69K | 260K |
| Effective Tax Rate % | 0.56% | 0.66% | -0.87% | -0.17% | -0.3% | -0.76% | 0.74% | 0.38% | 0.63% | -0.95% |
| Net Income | -17.32M▲ 0% | -35.23M▼ 103.4% | -22.99M▲ 34.8% | -51.92M▼ 125.9% | -51.26M▲ 1.3% | -24.3M▲ 52.6% | -43.37M▼ 78.5% | 40.84M▲ 194.2% | -10.85M▼ 126.6% | -27.66M▲ 0% |
| Net Margin % | -13.82% | -28.73% | -15.04% | -37.38% | -26.94% | -9.43% | -14.1% | 11.16% | -3% | -7.66% |
| Net Income Growth % | -935.39% | -103.39% | 34.75% | -125.88% | 1.28% | 52.59% | -78.45% | 194.17% | -126.56% | -2789.97% |
| Net Income (Continuing) | -17.32M | -35.23M | -22.99M | -51.92M | -51.26M | -24.3M | -43.37M | 40.84M | -10.85M | -27.66M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.84▲ 0% | -1.65▼ 96.4% | -1.05▲ 36.4% | -2.28▼ 117.1% | -2.12▲ 7.0% | -0.95▲ 55.2% | -1.62▼ 70.5% | 1.39▲ 185.8% | -0.37▼ 126.6% | -0.91▲ 0% |
| EPS Growth % | -929.41% | -96.43% | 36.36% | -117.14% | 7.02% | 55.19% | -70.53% | 185.8% | -126.62% | -1840.38% |
| EPS (Basic) | -0.84 | -1.65 | -1.05 | -2.28 | -2.12 | -0.95 | -1.62 | 1.46 | -0.37 | - |
| Diluted Shares Outstanding | 20.68M | 21.33M | 21.85M | 22.82M | 24.18M | 25.54M | 26.75M | 29.47M | 29.28M | 30.29M |
| Basic Shares Outstanding | 20.68M | 21.33M | 21.85M | 22.82M | 24.18M | 25.54M | 26.75M | 27.95M | 29.28M | 30.29M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
PI Balance Sheet
Impinj, Inc. (PI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 129.8M | 121.21M | 176.77M | 171.36M | 255.8M | 275.17M | 269.7M | 326.4M | 339.22M | 299.04M |
| Cash & Short-Term Investments | 58.12M | 56.07M | 116.5M | 106.09M | 193.35M | 173.75M | 113.23M | 164.71M | 175.34M | 131.84M |
| Cash Only | 19.29M | 17.53M | 66.9M | 23.64M | 123.9M | 19.6M | 94.79M | 46.05M | 48.21M | 32.3M |
| Short-Term Investments | 38.83M | 38.54M | 49.6M | 82.45M | 69.44M | 154.15M | 18.44M | 118.66M | 127.13M | 99.54M |
| Accounts Receivable | 22.24M | 18.46M | 23.73M | 25M | 35.45M | 50M | 54.92M | 56.8M | 70.78M | 72.35M |
| Days Sales Outstanding | 64.8 | 54.95 | 56.68 | 65.69 | 68 | 70.79 | 65.18 | 56.63 | 71.55 | 65.58 |
| Inventory | 47.08M | 44.73M | 34.15M | 36.33M | 21.96M | 46.4M | 97.17M | 99.35M | 84.96M | 86.3M |
| Days Inventory Outstanding | 284.72 | 253.68 | 158.13 | 179.72 | 87.76 | 141.22 | 228 | 204.6 | 178.76 | 190.91 |
| Other Current Assets | 0 | 1.95M | 2.39M | 0 | 0 | 5.03M | 4.37M | 5.54M | 8.13M | 8.54M |
| Total Non-Current Assets | 22.23M | 23.86M | 38.28M | 36.25M | 59.73M | 74.57M | 89.71M | 162.68M | 205.97M | 203.49M |
| Property, Plant & Equipment | 18.11M | 19.78M | 33.94M | 30.29M | 39.17M | 49.52M | 54.63M | 57.75M | 71.19M | 70.17M |
| Fixed Asset Turnover | 6.92x | 6.20x | 4.50x | 4.59x | 4.86x | 5.21x | 5.63x | 6.34x | 5.07x | 5.58x |
| Goodwill | 3.88M | 3.88M | 3.88M | 3.88M | 3.88M | 3.88M | 19.7M | 18.72M | 20.72M | 20.44M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 13.91M | 10.29M | 9.5M | 8.81M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 14.22M | 19.2M | 0 | 74.87M | 103.77M | 349.52M |
| Other Non-Current Assets | 241K | 196K | 453K | 2.08M | 2.46M | 1.97M | 1.48M | 1.04M | 795K | 3.33M |
| Total Assets | 152.03M▲ 0% | 145.07M▼ 4.6% | 215.05M▲ 48.2% | 207.62M▼ 3.5% | 315.54M▲ 52.0% | 349.74M▲ 10.8% | 359.41M▲ 2.8% | 489.08M▲ 36.1% | 545.19M▲ 11.5% | 502.52M▲ 0% |
| Asset Turnover | 0.82x | 0.85x | 0.71x | 0.67x | 0.60x | 0.74x | 0.86x | 0.75x | 0.66x | 0.70x |
| Asset Growth % | -9.25% | -4.58% | 48.24% | -3.46% | 51.98% | 10.84% | 2.77% | 36.08% | 11.47% | 38.66% |
| Total Current Liabilities | 19.92M | 23.02M | 19.5M | 27.59M | 35.5M | 42.37M | 30.88M | 331.18M | 126.53M | 32.5M |
| Accounts Payable | 4.67M | 4.64M | 5.6M | 10.14M | 11.73M | 25.02M | 8.66M | 17.25M | 13.61M | 15.44M |
| Days Payables Outstanding | 28.22 | 26.33 | 25.93 | 50.18 | 46.89 | 76.17 | 20.32 | 35.53 | 28.64 | 30.33 |
| Short-Term Debt | 5.02M | 5.93M | 94K | 0 | 13.78M | 0 | 0 | 287.08M | 97.52M | 1.52M |
| Deferred Revenue (Current) | 714K | 649K | 551K | 6.81M | 558K | 2.25M | 1.71M | 1.85M | 1.79M | 7.66M |
| Other Current Liabilities | 5.42M | 3.87M | 5.76M | 5.53M | 2.22M | 9.05M | 8.52M | 2.68M | 13.6M | 14.18M |
| Current Ratio | 6.52x | 5.26x | 9.07x | 6.21x | 7.21x | 6.49x | 8.73x | 0.99x | 2.68x | 2.68x |
| Quick Ratio | 4.15x | 3.32x | 7.31x | 4.89x | 6.59x | 5.40x | 5.59x | 0.69x | 2.01x | 2.01x |
| Cash Conversion Cycle | 321.3 | 282.29 | 188.88 | 195.23 | 108.87 | 135.84 | 272.86 | 225.7 | 221.67 | 226.15 |
| Total Non-Current Liabilities | 13.17M | 24.16M | 70.31M | 70.9M | 291.11M | 291.78M | 294.4M | 8.04M | 209.43M | 266.12M |
| Long-Term Debt | 5.5M | 17.63M | 50.88M | 54.56M | 278.66M | 280.24M | 281.86M | 5.72M | 206.68M | 263.55M |
| Capital Lease Obligations | 745K | 258K | 18.91M | 15.27M | 11.93M | 11.07M | 9.36M | 5.72M | 22.54M | 30.04M |
| Deferred Tax Liabilities | 5.89M | 5.29M | 0 | 0 | 0 | 118K | 2.91M | 2.2M | 2.06M | 8.42M |
| Other Non-Current Liabilities | 6.42M | 6.08M | 314K | 805K | 279K | 467K | 0 | -5.72M | -22.54M | -21.89M |
| Total Liabilities | 33.09M | 47.19M | 89.81M | 98.5M | 326.61M | 334.15M | 325.28M | 339.22M | 335.95M | 298.62M |
| Total Debt | 11.27M | 24.93M | 73.52M | 73.46M | 308.51M | 294.43M | 294.59M | 298.52M | 326.73M | 265.07M |
| Net Debt | -8.02M | 7.4M | 6.62M | 49.83M | 184.61M | 274.83M | 199.79M | 252.47M | 278.53M | 232.77M |
| Debt / Equity | 0.09x | 0.25x | 0.59x | 0.67x | - | 18.88x | 8.63x | 1.99x | 1.56x | 1.56x |
| Debt / EBITDA | - | - | - | - | - | - | - | 45.79x | 22.84x | 29.36x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | 38.73x | 19.47x | 19.47x |
| Interest Coverage | -18.74x | -22.18x | -12.07x | -7.71x | -13.93x | -3.98x | -8.29x | -0.67x | -1.50x | -7.66x |
| Total Equity | 118.94M▲ 0% | 97.88M▼ 17.7% | 125.24M▲ 27.9% | 109.12M▼ 12.9% | -11.08M▼ 110.2% | 15.59M▲ 240.8% | 34.13M▲ 118.9% | 149.86M▲ 339.1% | 209.23M▲ 39.6% | 203.91M▲ 0% |
| Equity Growth % | -4.1% | -17.71% | 27.95% | -12.87% | -110.15% | 240.76% | 118.91% | 339.08% | 39.61% | 170.31% |
| Book Value per Share | 5.75 | 4.59 | 5.73 | 4.78 | -0.46 | 0.61 | 1.28 | 5.09 | 7.15 | 6.73 |
| Total Shareholders' Equity | 118.94M | 97.88M | 125.24M | 109.12M | -11.08M | 15.59M | 34.13M | 149.86M | 209.23M | 203.91M |
| Common Stock | 21K | 21K | 22K | 23K | 25K | 26K | 27K | 29K | 30K | 30K |
| Retained Earnings | -204.53M | -239.76M | -262.74M | -314.67M | -362.48M | -386.79M | -430.15M | -389.31M | -400.16M | -425.42M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -36K | -9K | 34K | 3K | -39K | -1.25M | 355K | -1.94M | 2.51M | 1.46M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PI Cash Flow Statement
Impinj, Inc. (PI) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -35.89M | -11.78M | 4.71M | -16.88M | 6.46M | 641K | -49.38M | 128.31M | 58.75M | 58.75M |
| Operating CF Margin % | -28.64% | -9.6% | 3.08% | -12.15% | 3.4% | 0.25% | -16.06% | 35.05% | 16.27% | - |
| Operating CF Growth % | -277.87% | 67.18% | 139.98% | -458.47% | 138.31% | -90.09% | -7803.91% | 359.83% | -54.22% | 237.6% |
| Net Income | -17.32M | -35.23M | -22.99M | -51.92M | -51.26M | -24.3M | -43.37M | 40.84M | -10.85M | -27.66M |
| Depreciation & Amortization | 3.95M | 4.53M | 4.81M | 4.5M | 4.6M | 6.04M | 13.62M | 13.59M | 15.04M | 14.65M |
| Stock-Based Compensation | 7.43M | 11.32M | 18.49M | 25.68M | 40.5M | 42.44M | 47.99M | 56.55M | 0 | 42.27M |
| Deferred Taxes | 70K | -395K | 0 | 0 | 0 | 0 | -931K | -567K | -396K | -406K |
| Other Non-Cash Items | 95K | -798K | 276K | 3.9M | 12.34M | 3.66M | 1.54M | 1.87M | 69.75M | 41.35M |
| Working Capital Changes | -30.11M | 8.8M | 4.12M | 963K | 288K | -27.2M | -68.24M | 16.04M | -14.8M | 3.67M |
| Change in Receivables | -4.82M | 3.78M | -5.27M | -1.27M | -10.45M | -14.55M | -3.71M | -2M | -13.73M | -15.11M |
| Change in Inventory | -19.35M | 2.36M | 10.57M | -2.18M | 14.37M | -24.44M | -49.58M | -2.22M | 14.49M | 12.24M |
| Change in Payables | -2.84M | 326K | 1.05M | 3.49M | 2.34M | 7.37M | -12.3M | 9.27M | -3.38M | 4.65M |
| Cash from Investing | 21.4M | -5.67M | -13.1M | -36.29M | -18.64M | -102.8M | 115.81M | -192.57M | -48.02M | -43.51M |
| Capital Expenditures | -6.55M | -6.37M | -2.43M | -3.07M | -16.23M | -12.08M | -18.59M | -17.11M | -12.86M | -12.74M |
| CapEx % of Revenue | 5.23% | 5.19% | 1.59% | 2.21% | 8.53% | 4.69% | 6.05% | 4.67% | 3.56% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 279K | -23.36M | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 27.95M | 701K | 0 | 0 | 0 | 0 | -16K | 0 | 0 | 0 |
| Cash from Financing | 137K | 15.69M | 57.76M | 9.9M | 112.44M | -2.15M | 8.74M | 15.68M | -8.93M | -59.56M |
| Debt Issued (Net) | -3.92M | 13M | 48.63M | -257K | 94.8M | -17.56M | 0 | 0 | -17.55M | -17.55M |
| Equity Issued (Net) | 0 | 0 | 9.13M | 10.16M | 296.07M | 15.42M | 8.74M | 20.28M | 11.79M | 5.95M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 4.06M | 2.69M | 0 | 0 | -278.42M | 0 | 0 | -4.6M | -3.17M | -47.96M |
| Net Change in Cash | -14.35M▲ 0% | -1.75M▲ 87.8% | 49.37M▲ 2913.0% | -43.26M▼ 187.6% | 100.27M▲ 331.8% | -104.31M▼ 204.0% | 75.2M▲ 172.1% | -48.74M▼ 164.8% | 2.15M▲ 104.4% | -29.02M▲ 0% |
| Free Cash Flow | -42.44M▲ 0% | -18.14M▲ 57.2% | 2.28M▲ 112.6% | -19.95M▼ 975.4% | -9.77M▲ 51.1% | -11.44M▼ 17.1% | -68.22M▼ 496.5% | 111.2M▲ 263.0% | 45.88M▼ 58.7% | 61.12M▲ 0% |
| FCF Margin % | -33.87% | -14.8% | 1.49% | -14.36% | -5.13% | -4.44% | -22.18% | 30.37% | 12.71% | 16.93% |
| FCF Growth % | -225.77% | 57.25% | 112.56% | -975.43% | 51.06% | -17.13% | -496.47% | 262.99% | -58.74% | 38.12% |
| FCF per Share | -2.05 | -0.85 | 0.10 | -0.87 | -0.40 | -0.45 | -2.55 | 3.77 | 1.57 | 1.57 |
| FCF Conversion (FCF/Net Income) | 2.07x | 0.33x | -0.20x | 0.33x | -0.13x | -0.03x | 1.14x | 3.14x | -5.42x | -2.21x |
| Interest Paid | 0 | 0 | 0 | 0 | 1.56M | 0 | 3.23M | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PI Key Ratios
Impinj, Inc. (PI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -14.26% | -32.5% | -20.6% | -44.31% | -104.57% | -1076.46% | -174.43% | 44.39% | -6.04% | -13.9% |
| Return on Invested Capital (ROIC) | -11.8% | -24.19% | -13.7% | -24.28% | -16.8% | -6.3% | -12.44% | -1.67% | -0.12% | -0.12% |
| Gross Margin | 51.83% | 47.52% | 48.42% | 46.89% | 52% | 53.48% | 49.42% | 51.59% | 51.96% | 52.33% |
| Net Margin | -13.82% | -28.73% | -15.04% | -37.38% | -26.94% | -9.43% | -14.1% | 11.16% | -3% | -7.66% |
| Debt / Equity | 0.09x | 0.25x | 0.59x | 0.67x | - | 18.88x | 8.63x | 1.99x | 1.56x | 1.56x |
| Interest Coverage | -18.74x | -22.18x | -12.07x | -7.71x | -13.93x | -3.98x | -8.29x | -0.67x | -1.50x | -7.66x |
| FCF Conversion | 2.07x | 0.33x | -0.20x | 0.33x | -0.13x | -0.03x | 1.14x | 3.14x | -5.42x | -2.21x |
| Revenue Growth | 11.59% | -2.13% | 24.63% | -9.1% | 36.97% | 35.48% | 19.29% | 19.04% | -1.37% | -0.69% |
PI SEC Filings & Documents
Impinj, Inc. (PI) SEC filings — annual & quarterly reports (10-K, 10-Q)
PI Frequently Asked Questions
Impinj, Inc. (PI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Impinj, Inc. (PI) reported $361.0M in revenue for fiscal year 2025. This represents a 1634% increase from $20.8M in 2009.
Impinj, Inc. (PI) saw revenue decline by 1.4% over the past year.
Impinj, Inc. (PI) reported a net loss of $27.7M for fiscal year 2025.
Dividend & Returns
Impinj, Inc. (PI) has a return on equity (ROE) of -6.0%. Negative ROE indicates the company is unprofitable.
Impinj, Inc. (PI) generated $61.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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