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Impinj, Inc. PI Debt-to-equity

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0.8×+0.2×
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1.1×-0.1×
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0.1×0.0×
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1.6×+0.1×
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0.9×-0.1×

Other financials

Income statement

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Revenue$74.3M0.0%
Gross profit$36.5M-0.6%
Operating income-$15.2M-58.5%
Net income-$25.3M-199%
EPS (diluted)-$0.83-177%

Balance sheet

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Cash & equivalents$32.3M-47.3%
Total debt$265.1M-9.3%
Total equity$203.9M+27.0%
Total assets$502.5M+4.7%

Cash flow

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Operating cash flow$4.0M+136%
CapEx$1.7M-6.2%
Free cash flow$2.2M+117%

Valuation

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Market cap$3.92B+19.9%
Enterprise value$4.15B+18.4%
P/S10.9×+1.9×

Profitability

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Gross margin52.5%+0.8pp
Operating margin-1.8%+0.8pp
Net margin-7.7%-8.1pp
FCF margin16.9%+4.8pp

Returns & leverage

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Return on equity-15.2%-16.6pp
Current ratio9.2×-1.8×

Where this comes from

Calculated from Impinj, Inc.’s reported figures.

Based on the most recent quarter.

The official record: Impinj, Inc.’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Impinj, Inc.'s debt-to-equity?
Impinj, Inc. (PI) reported debt-to-equity of 1.3× in Q1 2026.
How has Impinj, Inc.'s debt-to-equity changed year-over-year?
Impinj, Inc.'s debt-to-equity decreased by 28.6% year-over-year, from 1.8× to 1.3×.
What is the long-term trend for Impinj, Inc.'s debt-to-equity?
Over 4 years (2020 to 2025), Impinj, Inc.'s debt-to-equity has grown at a 21.2% compound annual growth rate (CAGR), from 0.7× to 1.5×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.