Company Overview
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 that enable its partners to solve enterprise business problems, such as package sortation, dock door ingress/egress and 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.
Why Investors Should Care
Revenue has grown at a 17.1% CAGR over the past five years.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $361.07M (-1.4% YoY); net profit $-10.85M.
- Trailing 12 Months Year-on-year growth — revenue +-0.0%, earnings -126.6%.
- 5-Year Trend Long-term compounding — revenue CAGR 17.1%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 17.07% |
| 1 Year: | -0.00% |
Compounded Profit Growth
| 5 Years: | - |
| 1 Year: | -126.56% |
Stock Price Performance
| 1 Year: | +28.31% |
| 6 Months: | -30.87% |
| 3 Months: | +38.10% |
| 1 Month: | +11.16% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
Impinj operates a RAIN RFID platform that connects everyday items to the cloud, generating the item-level data that feeds AI/analytics in retail and supply chains.
Endpoint RFID ICs, readers and software that wirelessly identify and track billions of items.
- Item-level data for AI Impinj's RFID platform generates real-time item data that powers analytics and AI in retail and logistics.
- Endpoint IC scale Its tiny radio-on-a-chip ICs attach to items and identify them uniquely at massive scale.
- Reader & software stack Readers and software turn raw RFID reads into usable inventory intelligence.
- Leader in RAIN RFID — the data source for AI-driven inventory and supply-chain analytics.
- Large unit-volume opportunity as RFID adoption expands.
- Currently loss-making (negative margins) amid demand digestion.
- Customer concentration and inventory cyclicality are key risks.
Curated from public filings and analyst commentary; figures are illustrative.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 17.1% over 5 years.
- Generates positive free cash flow.
CONS
- Trading 40.2% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | PI Impinj, Inc. R2KAI | 144.60 | -160.67 | $4.40B | 0.00% | -0.18% | -15.18% | 17.07% | - |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.80 | 32.43 | $5.13T | 0.49% | 74.66% | 114.29% | 24.64% | 32.12% |
| 3 | AAPL Apple Inc. NDXSPX | 314.86 | 38.07 | $4.62T | 0.37% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 384.93 | 22.91 | $2.86T | 0.93% | 26.90% | 34.01% | 9.48% | 10.85% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 420.39 | 36.18 | $2.18T | 0.90% | 30.20% | 36.21% | 18.94% | 19.57% |
| 6 | AVGO Broadcom Inc. NDXSPXAI | 389.11 | 64.85 | $1.85T | 0.68% | 16.70% | 37.28% | 24.38% | 26.24% |
| 7 | MU Micron Technology, Inc. NDXSPXAI | 983.12 | 46.37 | $1.11T | 0.06% | 13.69% | 39.82% | 13.68% | 26.02% |
| 8 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 548.13 | 181.50 | $893.78B | 0.00% | 6.33% | 8.06% | 13.64% | 48.64% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,775.64 | 59.55 | $684.36B | 0.47% | 42.97% | 52.24% | 15.55% | 19.55% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Jun 2015 | Sep 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | 34.11M | 32.60M | 25.07M | 28.54M | 34.41M | 33.06M | 38.19M | 40.76M | 47.82M | 26.46M | 28.20M | 45.25M | 47.27M | 45.19M | 53.14M | 59.80M | 68.27M | 85.90M | 85.99M | 65.00M | 76.83M | 102.50M | 95.20M | 74.28M | 97.89M | 96.06M | 74.25M |
| Gross Profit | 10.16M | 10.62M | 11.10M | 13.59M | 16.38M | 16.77M | 18.17M | 16.99M | 11.76M | 13.66M | 16.55M | 15.87M | 18.42M | 19.78M | 21.39M | 12.96M | 13.37M | 21.98M | 24.78M | 23.01M | 28.78M | 31.50M | 37.44M | 43.53M | 43.81M | 30.77M | 37.55M | 57.52M | 47.57M | 36.68M | 56.61M | 48.33M | 36.46M |
| Operating Income | 1.21M | 602.00K | -1.87M | 222.00K | 813.00K | -2.00M | -814.00K | -4.68M | -14.25M | -7.61M | -6.82M | -6.93M | -4.00M | -3.91M | -3.40M | -16.27M | -13.02M | -8.87M | -8.32M | -12.37M | -9.31M | -8.48M | -1.74M | -4.44M | -8.37M | -15.83M | -11.73M | 9.05M | -769.00K | -9.57M | 10.87M | 656.00K | -15.17M |
| Net Income | 974.00K | 13.00K | -2.33M | -254.00K | 808.00K | -2.16M | -977.00K | -4.85M | -14.44M | -7.73M | -7.07M | -7.07M | -4.16M | -4.08M | -4.33M | -17.53M | -14.35M | -9.42M | -8.91M | -12.92M | -10.46M | -11.52M | -2.20M | -4.36M | -8.07M | -15.76M | 33.34M | 9.96M | 221.00K | -8.45M | 11.55M | -12.81M | -25.26M |
| Diluted EPS | - | -0.72 | - | - | 0.01 | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.37 | -0.53 | -0.42 | -0.45 | -0.09 | -0.17 | -0.30 | -0.59 | 1.10 | 0.34 | 0.01 | -0.30 | 0.39 | -0.44 | -0.83 |
| R&D Expense | 4.02M | 4.30M | 5.43M | 5.73M | 6.62M | 7.34M | 7.12M | 8.85M | 8.00M | 8.36M | 8.80M | 8.56M | 8.77M | 10.34M | 11.06M | 10.66M | 11.90M | 13.79M | 15.90M | 16.79M | 17.99M | 18.37M | 18.77M | 22.43M | 23.40M | 21.59M | 22.52M | 24.92M | 25.49M | 25.31M | 24.65M | 25.72M | 28.72M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 63.76M | 78.48M | 112.29M | 125.30M | 122.63M | 152.84M | 138.92M | 190.28M | 257.80M | 307.54M | 366.09M | 361.07M |
| Gross Profit | 33.64M | 40.85M | 59.45M | 64.94M | 58.28M | 74.00M | 65.14M | 98.95M | 137.88M | 151.98M | 188.85M | 189.68M |
| Operating Income | 456.00K | 1.60M | -488.00K | -17.02M | -34.87M | -21.66M | -47.07M | -37.25M | -19.48M | -43.48M | -7.07M | -737.00K |
| Net Income | 297.00K | 900.00K | -1.67M | -17.32M | -35.23M | -22.99M | -51.92M | -51.26M | -24.30M | -43.37M | 40.84M | -10.85M |
| Diluted EPS | - | - | - | - | - | - | -2.28 | -2.12 | -0.95 | -1.62 | 1.39 | -0.37 |
| R&D Expense | 14.29M | 17.58M | 25.18M | 32.22M | 34.17M | 38.88M | 48.59M | 64.06M | 74.11M | 88.56M | 98.83M | 102.61M |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 52.85M | 167.54M | 152.03M | 145.07M | 215.05M | 207.62M | - | 349.74M | 359.41M | 489.08M | 545.19M |
| Current Assets | - | - | - | - | - | - | - | - | - | 275.17M | 269.70M | 326.40M | 339.22M |
| Cash & Equivalents | 11.18M | 6.94M | 10.12M | 33.64M | 19.29M | 17.53M | 66.90M | 23.64M | - | 19.60M | 94.79M | 46.05M | 48.21M |
| Inventory | - | - | - | - | - | - | - | - | - | 46.40M | 97.17M | 99.35M | 84.96M |
| Receivables | - | - | - | - | - | - | - | - | - | 50.00M | 54.92M | 56.80M | 70.78M |
| Total Liabilities | - | - | 39.92M | 43.51M | 33.09M | 47.19M | 89.81M | 98.50M | - | 334.15M | 325.28M | 339.22M | 335.95M |
| Current Liabilities | - | - | 17.47M | 25.38M | 19.92M | 23.02M | 19.50M | 27.59M | - | 42.37M | 30.88M | 331.18M | 126.53M |
| Long Term Debt | - | - | 10.68M | 9.68M | 5.50M | 17.63M | 50.88M | 54.56M | 278.66M | 280.24M | 281.86M | - | 184.14M |
| Total Debt | - | - | - | - | - | - | - | - | - | 294.43M | 294.59M | 292.80M | 304.20M |
| Total Equity | -67.03M | -76.47M | -85.03M | 124.02M | 118.94M | 97.88M | 125.24M | 109.12M | - | 15.59M | 34.13M | 149.86M | 209.23M |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | 26.10M | 27.17M | 28.50M | 30.22M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | -9.50M | -35.89M | -11.78M | 4.71M | -16.88M | - | 641.00K | -49.38M | 128.31M | 58.75M |
| Investing Cash Flow | - | - | -70.63M | 21.40M | -5.67M | -13.10M | -36.29M | - | -102.80M | 115.81M | -192.57M | -48.02M |
| Financing Cash Flow | - | - | 103.64M | 137.00K | 15.69M | 57.76M | 9.90M | - | -2.15M | 8.74M | 15.68M | -8.93M |
| Capital Expenditure | -1.02M | -7.45M | -3.53M | -6.55M | -6.37M | -2.43M | -3.07M | - | -12.08M | -18.84M | -17.11M | -12.86M |
| Free Cash Flow | - | - | -13.03M | -42.44M | -18.14M | 2.28M | -19.95M | - | -11.44M | -68.22M | 111.20M | 45.88M |
| Net Change in Cash | - | - | - | - | - | - | - | - | -104.31M | 75.16M | -48.58M | 1.80M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | 52.8% | 52.0% | 52.9% | 51.8% | 47.5% | 48.4% | 46.9% | 52.0% | 53.5% | 49.4% | 51.6% | 52.5% |
| Operating Margin % | 0.7% | 2.0% | -0.4% | -13.6% | -28.4% | -14.2% | -33.9% | -19.6% | -7.6% | -14.1% | -1.9% | -0.2% |
| Net Margin % | 0.5% | 1.1% | -1.5% | -13.8% | -28.7% | -15.0% | -37.4% | -26.9% | -9.4% | -14.1% | 11.2% | -3.0% |
| ROE % | -0.4% | -1.1% | -1.3% | -14.6% | -36.0% | -18.4% | -47.6% | - | -155.9% | -127.1% | 27.3% | -5.2% |
| ROCE % | - | 4.5% | -0.3% | -12.9% | -28.6% | -11.1% | -26.1% | - | -6.3% | -13.2% | -4.5% | -0.2% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 14.16% | 4.31M | $633.83M |
| 2 | FMR, LLC | 14.05% | 4.28M | $628.98M |
| 3 | Vanguard Portfolio Management LLC | 7.03% | 2.14M | $314.47M |
| 4 | State Street Corporation | 4.87% | 1.48M | $218.19M |
| 5 | Capital International Investors | 4.44% | 1.35M | $198.72M |
| 6 | Vanguard Capital Management LLC | 4.16% | 1.27M | $185.98M |
| 7 | Sylebra Capital LLC | 3.72% | 1.13M | $166.36M |
| 8 | Capital World Investors | 3.34% | 1.02M | $149.30M |
| 9 | Ameriprise Financial, Inc. | 2.82% | 858.28K | $126.12M |
| 10 | American Century Companies Inc | 2.69% | 817.99K | $120.20M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for PI
Emerald Advisers LLC Raises Stock Holdings in Impinj, Inc. $PI - MarketBeat
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Impinj (PI) Stock Valuation Check As Opinions Split On RAIN RFID Growth Potential - Yahoo Finance
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PI News | IMPINJ INC (NASDAQ:PI) - ChartMill
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Impinj (PI) Stock Could Be 26.1% Undervalued Despite Insider Selling Concerns - simplywall.st
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£5,000 invested in Raspberry Pi shares at IPO would now be worth… - The Twelfth Magpie
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PI — Frequently Asked Questions
What is the current share price of Impinj, Inc. (PI)?
As of 2026-07-14 21:23 PDT, Impinj, Inc. (PI) trades at $144.60 on NasdaqGS. Its 52-week range is $91.34 to $241.91.
What is the market capitalisation of PI?
Impinj, Inc. (PI) has a market capitalisation of $4.40B on NasdaqGS.
What is the P/E ratio of PI?
PI trades at a trailing price-to-earnings (P/E) ratio of -160.67. The industry average P/E is 36.02. Its price-to-book (P/B) ratio is 19.83.
What is the return on equity (ROE) of PI?
PI has a return on equity (ROE) of -15.18%. Its return on capital employed (ROCE) is -0.18%.
Is PI a good stock to buy?
This page provides a data-driven analysis of Impinj, Inc. (PI), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.