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.

Impinj, Inc. PI Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	52.5%-0.1pp	52.5%+0.3pp	52.2%+0.1pp	52.1%+0.4pp	51.7%+0.1pp
Operating margin	-1.8%-1.6pp	-0.2%+0.3pp	-0.5%+0.4pp	-0.9%+0.5pp	-1.3%+0.6pp
Net margin	-7.7%-4.7pp	-3%-0.3pp	-2.7%-3.6pp	0.9%+0.4pp	0.5%-11.4pp
EBITDA margin	2.5%-1.5pp	4%+0.4pp	3.6%+0.6pp	3%+0.7pp	2.3%+0.5pp
Free cash flow margin	16.9%+4.2pp	12.7%+1.4pp	11.3%+3.7pp	7.7%-4.5pp	12.2%-18.2pp
Returns
Return on equity	-15.2%-9.1pp	-6%-0.2pp	-5.9%-8.0pp	2.2%+0.8pp	1.4%-45.9pp
Return on assets	-5.6%-3.5pp	-2.1%-0.1pp	-2%-2.7pp	0.7%+0.3pp	0.4%-9.9pp
Return on invested capital	-1.5%-1.4pp	-0.2%+0.2pp	-0.4%+0.6pp	-1%+0.7pp	-1.6%+0.6pp
Efficiency
Asset turnover	0.7×0.0×	0.7×0.0×	0.7×0.0×	0.8×-0.1×	0.8×0.0×
Inventory turnover	1.9×0.0×	1.9×0.0×	1.9×0.0×	1.9×+0.1×	1.9×+0.1×
Liquidity
Current ratio	9.2×+6.5×	2.7×0.0×	2.7×-9.0×	11.6×+0.7×	11×+10.0×
Quick ratio	6.5×+4.5×	2×0.0×	2×-6.5×	8.4×+1.0×	7.5×+6.8×
Cash ratio	1×+0.6×	0.4×0.0×	0.4×-1.0×	1.4×-0.8×	2.2×+2.0×
Leverage
Debt-to-equity	1.3×-0.2×	1.5×0.0×	1.5×-0.1×	1.6×-0.3×	1.8×-0.1×
Debt-to-assets	0.5×0.0×	0.6×0.0×	0.6×0.0×	0.6×0.0×	0.6×0.0×
Net debt / EBITDA	25.8×+7.9×	17.9×-0.4×	18.3×-4.7×	23.1×-4.8×	27.9×-10.0×
Interest coverage	-1.6×-1.4×	-0.2×+0.2×	-0.3×+0.3×	-0.6×+0.4×	-1×+0.4×
Per Share
Book value per share	$6.73-5.8%	$7.15+7.5%	$6.65+5.0%	$6.33+12.9%	$5.61+10.3%
Valuation
Market capitalization	$3.1B-40.7%	$5.24B-0.4%	$5.26B+68.3%	$3.12B+20.7%	$2.59B-36.6%
Enterprise value	$3.34B-39.3%	$5.5B0.0%	$5.49B+62.8%	$3.37B+19.7%	$2.82B-34.9%
Price / sales	8.6×-5.9×	14.5×-0.1×	14.6×+5.9×	8.7×+1.6×	7.1×-4.0×
Price / book	15.2×-9.8×	25×-1.9×	27×+10.3×	16.6×+0.5×	16.1×-11.1×
EV / EBITDA	369.7×-14.5×	384.2×-42.9×	427.1×+116×	311.5×-28.4×	339.9×-324×
EV / sales	9.2×-6.0×	15.2×0.0×	15.3×+5.9×	9.4×+1.6×	7.8×-4.1×
Free cash flow yield	2%+1.1pp	0.9%+0.1pp	0.8%-0.1pp	0.9%-0.8pp	1.7%-1.0pp
Earnings yield	-0.9%-0.7pp	-0.2%0.0pp	-0.2%-0.3pp	0.1%0.0pp	0.1%-1.0pp

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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.