Impinj, Inc.
NASDAQ•PI
CEO: Dr. Chris Diorio Ph.D.
Sector: Technology
Industry: Communication Equipment
Listing Date: 2016-07-21
Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform wirelessly connects items and delivers data about the connected items to business and consumer applications. The company's platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item. Its platform also consists of systems products that consists of reader ICs, readers, and gateways to wirelessly provide power to and communicate bidirectionally with endpoint ICs on host items, as well as to read, write, authenticate, and engage the endpoint ICs on those items; and software and algorithms that enable its partners to solve enterprise business problems, such as retail self-checkout and loss prevention. The company primarily serves retail, supply chain and logistics, automotive, aviation, banking, datacenters, food, healthcare, industrial and manufacturing, linen and uniform tracking, sports, and travel industries through original equipment and device manufacturers, tag service bureaus, systems integrators, value-added resellers, independent software vendors, and other solution partners. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.
Contact Information
Market Cap
$2.80B
P/E (TTM)
-257.8
36.4
Dividend Yield
--
52W High
$247.06
52W Low
$60.85
52W Range
Rank65Top 96.0%
1.6
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 1.6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$92.85M+0.00%
4-Quarter Trend
EPS
-$0.04+0.00%
4-Quarter Trend
FCF
$13.62M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Gross Margin Improvement Gross margin reached 52.5%, an increase of 0.9% compared to 51.6% reported in 2024, despite revenue decline.
Operating Loss Narrows Loss from operations reduced to $(737K), improving by $6.3M versus the prior year result of $(7.1M).
IP Revenue Stream Recognized $16.0M in annual license fee revenue from the NXP Settlement Agreement during the fiscal year 2025.
Risk Factors
RAIN Adoption Uncertainty Pace of RAIN market adoption beyond key sectors like retail remains uncertain and unpredictable, impacting forecasts.
Customer Revenue Concentration Top three customers accounted for 61% of total 2025 revenue, decreasing bargaining power and increasing risk concentration.
Supply Chain Reliance Product supply depends on limited third parties lacking long-term supply contracts for critical components like silicon wafers.
Outlook
Strategic Growth Focus Focus growth strategy on Enterprise Solutions, RAIN silicon performance, and enhancing platform preference across various markets.
Cloud Services Expansion Intend to expand nascent software and cloud services offerings as a key component of future growth strategy and recurring revenue.
R&D Investment Continue committing significant resources to technology, innovation, and new product development for maintaining market leadership.
Peer Comparison
Revenue (TTM)
$30.85B
$4.62B
$3.08B
Gross Margin (Latest Quarter)
77.6%
73.8%
67.2%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| TTMI | $9.97B | 56.2 | 10.6% | 29.1% |
| SMTC | $8.10B | 269.3 | 5.1% | 38.0% |
| ARW | $7.21B | 12.6 | 9.1% | 10.6% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
7.7%
Steady Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
75%
Volatile Cash Flow
Deep Research
Next earnings:Apr 21, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data