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IMPINJ
(NASDAQ:PI)
IMPINJ (PI) vs. SPDR S&P 500 ETF (SPY)
IMPINJ Business Overview & Revenue Model
IMPINJ Earnings Call Summary
IMPINJ Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 359.80M | 366.09M | 307.54M | 257.80M | 190.28M | 138.92M |
| Gross Profit | 187.84M | 188.85M | 151.98M | 137.88M | 98.95M | 65.14M |
| EBITDA | 1.43M | 10.32M | -26.59M | -13.54M | -30.93M | -37.21M |
| Net Income | -12.40M | 40.84M | -43.37M | -24.30M | -51.26M | -51.92M |
Balance Sheet | ||||||
| Total Assets | 516.46M | 489.08M | 359.41M | 349.74M | 315.54M | 207.62M |
| Cash, Cash Equivalents and Short-Term Investments | 190.08M | 164.71M | 113.23M | 173.75M | 193.35M | 106.09M |
| Total Debt | 287.53M | 292.80M | 294.59M | 294.43M | 304.37M | 73.46M |
| Total Liabilities | 321.50M | 339.22M | 325.28M | 334.15M | 326.61M | 98.50M |
| Stockholders Equity | 194.96M | 149.86M | 34.13M | 15.59M | -11.08M | 109.12M |
Cash Flow | ||||||
| Free Cash Flow | 40.76M | 111.20M | -68.22M | -11.44M | -9.77M | -19.95M |
| Operating Cash Flow | 56.23M | 128.31M | -49.38M | 641.00K | 6.46M | -16.88M |
| Investing Cash Flow | -73.08M | -192.57M | 115.81M | -102.80M | -18.64M | -36.29M |
| Financing Cash Flow | -5.29M | 15.68M | 8.74M | -2.15M | 112.44M | 9.90M |
IMPINJ Technical Analysis
IMPINJ Risk Analysis
IMPINJ Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | $1.34B | 31.70 | 7.21% | ― | -2.37% | 147.46% | |
| ― | $4.62B | 20.88 | 18.41% | 0.17% | 13.42% | 31.28% | |
| ― | $3.91B | 266.97 | 2.13% | ― | 15.60% | ― | |
| ― | $5.65B | ― | -7.49% | ― | 4.24% | -141.83% | |
| ― | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
| ― | $3.57B | ― | ― | ― | 9.86% | 99.11% | |
| ― | $2.54B | 299.53 | 17.08% | ― | 14.31% | ― |
IMPINJ Corporate Events
The recent earnings call for Impinj Inc. painted a mixed picture, with both positive and challenging elements. On the upside, the company celebrated record endpoint IC volumes and robust systems revenue growth, supported by strategic hires and a strong financial footing. However, these achievements were balanced by a sequential revenue decline, a cautious outlook for the fourth quarter, and difficulties with Chinese partner orders.
Impinj Inc., a leader in RAIN RFID technology and a pioneer in the Internet of Things sector, connects everyday items to the internet, providing data for business and consumer applications. In its third-quarter 2025 earnings report, Impinj announced strong financial results, surpassing revenue and adjusted EBITDA guidance, reflecting the success of its solutions and Gen2X focus. The company reported a revenue of $96.1 million, with a GAAP gross margin of 50.3% and a non-GAAP gross margin of 53.0%. Despite a GAAP net loss of $12.8 million, Impinj achieved a non-GAAP net income of $17.7 million, or $0.58 per diluted share. Looking ahead to the fourth quarter of 2025, Impinj projects revenue between $90.0 million and $93.0 million, with a GAAP net loss ranging from $2.6 million to $1.1 million. The company remains optimistic about its market position and future opportunities, driven by its innovative technology and strategic focus.
On October 20, 2025, Impinj, Inc. announced the appointment of Arthur L. Valdez Jr. to its Board of Directors, expanding the board to seven members. Mr. Valdez’s term will last until the company’s next annual stockholders’ meeting, and he will participate in the company’s outside director compensation policy. There are no existing relationships or transactions between Mr. Valdez and the company that require disclosure.
The most recent analyst rating on (PI) stock is a Buy with a $200.00 price target. To see the full list of analyst forecasts on IMPINJ stock, see the PI Stock Forecast page.
On September 3, 2025, Impinj, Inc. announced the pricing of its private offering of $170 million in 0% Convertible Senior Notes due 2029, later increased to $190 million after the initial purchasers exercised their option. The proceeds, approximately $183.6 million, were used to exchange $190 million of its 2027 Notes for cash and shares, and to fund capped call transactions aimed at reducing potential dilution of its common stock. The notes, convertible under specific conditions, are senior unsecured obligations and will mature on September 15, 2029. This strategic financial move is expected to enhance Impinj’s financial flexibility and market positioning.
The most recent analyst rating on (PI) stock is a Buy with a $205.00 price target. To see the full list of analyst forecasts on IMPINJ stock, see the PI Stock Forecast page.
On September 2, 2025, Impinj, Inc. announced its plan to offer $150 million in Convertible Senior Notes due 2029 in a private placement to qualified institutional buyers, with an option for purchasers to acquire an additional $25 million. The proceeds from this offering are intended to be used for the exchange of a portion of its outstanding 2027 Notes and other corporate purposes. This strategic financial move is expected to affect Impinj’s stock market activity and could influence the trading price of its common stock and notes, impacting stakeholders’ decisions.
The most recent analyst rating on (PI) stock is a Buy with a $205.00 price target. To see the full list of analyst forecasts on IMPINJ stock, see the PI Stock Forecast page.
Impinj Inc. Reports Strong Growth Amid Challenges in Q2 Earnings Call
Impinj Inc., a leader in RAIN RFID technology and a pioneer in the Internet of Things sector, specializes in connecting everyday items to the internet to enhance data-driven decision-making for businesses and consumers.