What is Impinj, Inc.'s R&D?

Impinj, Inc. (PI) reported R&D of $28.72M in Q1 2026.

How has Impinj, Inc.'s R&D changed year-over-year?

Impinj, Inc.'s R&D increased by 13.5% year-over-year, from $25.31M to $28.72M.

What is the long-term trend for Impinj, Inc.'s R&D?

Over 4 years (2021 to 2025), Impinj, Inc.'s R&D has grown at a 12.5% compound annual growth rate (CAGR), from $64.06M to $102.62M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Impinj, Inc. PI R&D

R&D at other companies

Zebra TechnologiesZBRA

$165M+9.3%

NXP SemiconductorsNXPI

$588M+7.5%

Axcelis TechnologiesACLS

$28.52M+5.1%

Digi InternationalDGII

$19.28M+25.8%

PDF SolutionsPDFS

$18.33M+25.3%

CognexCGNX

$37.03M+6.6%

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$3.81B+19.9%

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

Debt / equity1.3×-0.5×

Current ratio9.2×-1.8×

Where this comes from

Reported directly by Impinj, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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 R&D?: Impinj, Inc. (PI) reported R&D of $28.72M in Q1 2026.
How has Impinj, Inc.'s R&D changed year-over-year?: Impinj, Inc.'s R&D increased by 13.5% year-over-year, from $25.31M to $28.72M.
What is the long-term trend for Impinj, Inc.'s R&D?: Over 4 years (2021 to 2025), Impinj, Inc.'s R&D has grown at a 12.5% compound annual growth rate (CAGR), from $64.06M to $102.62M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.