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Impinj, Inc. PI Operating Income

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Other financials

Income statement

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Revenue$108.4M+10.7%
Gross profit$63.5M+12.2%
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

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Market cap$5.25B+12.9%
Enterprise value$5.48B+11.8%
P/S14.1×+1.2×

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×

Where this comes from

Reported directly by Impinj, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Impinj, Inc.’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:25 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-323807
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
General and administrative13,40411,82826,01324,224
Amortization of intangibles5345211,0711,006
Total operating expenses53,02945,739104,65691,989
Income (loss) from operations10,50410,874(4,664)1,305
Other income, net2,2552,0534,9214,113
Induced conversion expense(11,938)
Interest expense(631)(1,225)(1,404)(2,448)
Income (loss) before income taxes12,12811,702(13,085)2,970

Item 1. Financial Statements (unaudited).

FAQ

What is Impinj, Inc.'s operating income?
Impinj, Inc. (PI) reported operating income of $10.5M in Q2 2026.
How has Impinj, Inc.'s operating income changed year-over-year?
Impinj, Inc.'s operating income decreased by 3.4% year-over-year, from $10.87M to $10.5M.
What is the long-term trend for Impinj, Inc.'s operating income?
Over 4 years (2021 to 2025), Impinj, Inc.'s operating income has grown at a -62.5% compound annual growth rate (CAGR), from -$37.25M to -$737K.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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