Skip to content

Impinj, Inc. PI Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin52.5%+0.8pp52.5%+0.9pp52.2%+1.1pp52.1%+1.4pp51.7%+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%-10.9pp0.9%-3.0pp0.5%+2.4pp
Returns
Return on equity-15.2%-16.6pp-6%-53.4pp-5.9%-39.0pp2.2%-13.9pp1.4%
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 turnover0.7×-0.1×0.7×-0.2×0.7×-0.1×0.8×0.0×0.8×+0.1×
Liquidity
Current ratio9.2×-1.8×2.7×+1.7×2.7×+1.7×11.6×+10.5×11×+1.5×
Leverage
Debt-to-equity1.3×-0.5×1.5×-0.5×1.5×-0.7×1.6×-1.0×1.8×-1.6×
Net debt / EBITDA25.8×17.9×18.3×
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 / sales8.6×+1.5×14.5×+3.4×14.6×-2.9×8.7×-4.9×7.1×-4.6×
Price / book15.2×-0.9×25×-2.2×27×-17.4×16.6×-20.0×16.1×-24.8×
EV / EBITDA369.7×384.2×427.1×

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.