Impinj, Inc. PI Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 52.5%+0.8pp | 52.5%+0.9pp | 52.2%+1.1pp | 52.1%+1.4pp | 51.7%+2.8pp | |
| Operating margin | -1.8%-0.4pp | -0.2%+1.7pp | -0.5%+4.8pp | -0.9%+9.7pp | -1.3%+15.7pp | |
| Net margin | -7.7%-8.1pp | -3%-14.9pp | -2.7%-10.9pp | 0.9%-3.0pp | 0.5%+2.4pp | |
| Returns | ||||||
| Return on equity | -15.2%-16.6pp | -6%-53.4pp | -5.9%-39.0pp | 2.2%-13.9pp | 1.4%+11.5pp | |
| Return on invested capital | -1.5%+0.1pp | -0.2%+2.1pp | -0.4%+5.6pp | -1%+12.8pp | -1.6%+18.8pp | |
| Efficiency | ||||||
| Asset turnover | 0.7×-0.1× | 0.7×-0.2× | 0.7×-0.1× | 0.8×0.0× | 0.8×+0.1× | |
| Liquidity | ||||||
| Current ratio | 9.2×-1.8× | 2.7×+1.7× | 2.7×+1.7× | 11.6×+10.5× | 11×+1.5× | |
| Leverage | ||||||
| Debt-to-equity | 1.3×-0.5× | 1.5×-0.5× | 1.5×-0.7× | 1.6×-1.0× | 1.8×-1.6× | |
| Net debt / EBITDA | 25.8×-2.1× | 17.9×-20.0× | 18.3×— | 23.1×— | 27.9×— | |
| Per Share | ||||||
| Book value per share | $6.73+20.1% | $7.15+40.5% | $6.65+45.1% | $6.33+59.2% | $5.61+105% | |
| Valuation | ||||||
| Market capitalization | $3.1B+19.9% | $5.24B+28.3% | $5.26B-12.9% | $3.12B-27.2% | $2.59B-26.3% | |
| Price / sales | 8.6×+1.5× | 14.5×+3.4× | 14.6×-2.9× | 8.7×-4.9× | 7.1×-4.6× | |
| Price / book | 15.2×-0.9× | 25×-2.2× | 27×-17.4× | 16.6×-20.0× | 16.1×-24.8× | |
| EV / EBITDA | 369.7×+29.8× | 384.2×-280× | 427.1×— | 311.5×— | 339.9×— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Impinj, Inc.'s profit margins?
- Impinj, Inc. (PI) runs a 52.5% gross margin and a -1.8% operating margin, with a -7.7% net margin.
- Where do Impinj, Inc.'s ratios come from?
- Every ratio is computed from Impinj, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
