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Impinj, Inc.

PI

Impinj is a leading provider of RAIN RFID solutions that enable wireless item-to-cloud connectivity for the Internet of Things (IoT).

Market cap
$4.05B+14.4%
Revenue$371.5M+3.5%
Net income-$27.0M-912%
Free cash flow$63.0M+129%
EPS (diluted)-$0.92-1,020%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q2 2026

Income statement

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Revenue$108.4M+10.7%
Gross profit$63.5M+12.2%
Operating income$10.5M-3.4%
Net income$12.2M+5.8%
EPS (diluted)$0.390.0%

Balance sheet

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Cash & equivalents$38.6M-9.1%
Total debt$266.7M-8.8%
Total equity$231.6M+23.4%
Total assets$534.7M+5.1%

Cash flow

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Operating cash flow$31.6M-6.7%
CapEx$2.4M-63.0%
Free cash flow$29.2M+6.8%

Valuation & ratios

Valuation

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Market cap$4.05B+14.4%
Enterprise value$4.28B+12.4%
P/S10.9×+1.0×

Profitability

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Gross margin52.9%+0.7pp
Operating margin-1.8%-18.9pp
Net margin-7.3%-8.2pp
FCF margin17%+9.3pp

Returns & leverage

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Return on equity-12.9%-15.1pp
Debt / equity1.2×-0.4×
Current ratio3.3×-8.4×

Segments

By product

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Endpoint I Cs$96.4M+13.9%
Systems$12.0M-9.8%

Competitors

Profile

Impinj is a leading provider of RAIN RFID solutions that enable wireless item-to-cloud connectivity for the Internet of Things (IoT). The company designs and sells an integrated platform comprising semiconductor radios, reading systems, and software that allow enterprises to identify, locate, and authenticate billions of individual items across various industries.

Competitive position

Impinj is a market leader in the RAIN RFID industry, maintaining a unique position as the only provider with an integrated platform spanning ICs, readers, and software.

GeographiesUnited States, Asia Pacific, Europe
Customer segmentsRetail, Supply Chain and Logistics, Healthcare, Automotive, Aviation
Business modelFabless semiconductor, Hardware sales, Intellectual property licensing, SaaS
SuppliersFoundry services (TSMC), OSAT subcontractors (Stars Microelectronics, Chipbond, Unisem), Contract manufacturers (Plexus Corp)
CustomersInlay and tag manufacturers, Handheld and fixed reader OEMs, Enterprise end-users, Solution providers
Listed2016
Employees475.0
CEOChris Diorio
Websiteimpinj.com
FilingsSEC EDGAR

Questions, answered.

What is Impinj, Inc.'s market cap?
Impinj, Inc. (PI) has a market capitalization of $4.1B and trades on NASDAQ.
What is Impinj, Inc.'s revenue and profitability?
Impinj, Inc. generated $371.5M in trailing twelve-month revenue with a net loss of $27.0M, representing a net margin of -7.3%. Gross margin stands at 52.9%, with free cash flow of $63.0M. These figures are based on the Q2 2026 filing.
Who are Impinj, Inc.'s competitors?
Impinj, Inc.'s key competitors include NXP Semiconductors, Zebra Technologies, Identive, Inc., and others. These companies compete in similar markets and product categories.
Who does Impinj, Inc. partner with?
Impinj, Inc.'s notable partners include Taiwan Semiconductor Manufacturing Company Limited, Plexus Corp., Google, and others.
What subsidiaries does Impinj, Inc. have?
Impinj, Inc.'s subsidiaries include Voyantic Oy.
Where is Impinj, Inc. headquartered?
Impinj, Inc. is headquartered in United States of America and employs approximately 475 people. It has been publicly traded since 2016.