Impinj, Inc. (PI) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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PI Revenue Growth
Revenue Breakdown (FY 2025)
PI's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
PI Revenue Analysis (2014–2025)
As of May 8, 2026, Impinj, Inc. (PI) generated trailing twelve-month (TTM) revenue of $361.0 million, reflecting slight decline in growth of -0.0% year-over-year. The most recent quarter (Q1 2026) recorded $74.3 million in revenue, down 20.0% sequentially.
Looking at the longer-term picture, PI's 5-year compound annual growth rate (CAGR) stands at +21.0%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $366.1 million in 2024.
Revenue diversification analysis shows PI's business is primarily driven by Endpoint I Cs (83%), and Systems (17%). With over half of revenue concentrated in Endpoint I Cs, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including SAIC (-2.9% YoY), RFIL (+13.8% YoY), and OSIS (+7.0% YoY), PI has underperformed the peer group in terms of revenue growth. Compare PI vs SAIC →
PI Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PICurrent | $361M | -0.0% | +21.0% | -0.2% | |
 SAIC | $7.3B | -2.9% | +0.6% | 7.1% | |
 RFIL | $81M | +13.8% | +13.4% | 3.5% | |
 OSIS | $1.7B | +7.0% | +8.0% | 12.7% | |
 IDCC | $834M | +1.6% | +18.4% | 55.3% | |
 COHU | $453M | +23.1% | -6.6% | -13.3% |
PI Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $361.1M | -1.4% | $187.6M | 52.0% | $-737,000 | -0.2% |
| 2024 | $366.1M | +19.0% | $188.9M | 51.6% | $-7,069,000 | -1.9% |
| 2023 | $307.5M | +19.3% | $152.0M | 49.4% | $-43,484,000 | -14.1% |
| 2022 | $257.8M | +35.5% | $137.9M | 53.5% | $-19,479,000 | -7.6% |
| 2021 | $190.3M | +37.0% | $99.0M | 52.0% | $-37,249,000 | -19.6% |
| 2020 | $138.9M | -9.1% | $65.1M | 46.9% | $-47,071,000 | -33.9% |
| 2019 | $152.8M | +24.6% | $74.0M | 48.4% | $-21,661,000 | -14.2% |
| 2018 | $122.6M | -2.1% | $58.3M | 47.5% | $-34,869,000 | -28.4% |
| 2017 | $125.3M | +11.6% | $64.9M | 51.8% | $-17,019,000 | -13.6% |
| 2016 | $112.3M | +43.1% | $59.5M | 52.9% | $-488,000 | -0.4% |
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Start ComparisonPI — Frequently Asked Questions
Quick answers to the most common questions about buying PI stock.
Is PI's revenue growth accelerating or slowing?
PI TTM revenue: $361M. YoY growth: -0.0%. 5-year CAGR: +21.0%.
What is PI's long-term revenue growth rate?
Impinj, Inc.'s 5-year revenue CAGR of +21.0% reflects the variable expansion pattern. Current YoY growth of -0.0% is near this long-term average.
How is PI's revenue distributed by segment?
PI reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.