IMPINJ INCPIEarnings & Financial Report
Impinj, Inc. is an American manufacturer of radio-frequency identification (RFID) devices and software. The company was founded in 2000 and is headquartered in Seattle, Washington. The company was started based on the research done at the California Institute of Technology by Carver Mead and Chris Diorio. Impinj currently produces EPC Class 1, Gen 2 passive UHF RFID chips, RFID readers, RFID reader chips, and RFID antennas, and software applications for encoding chips, and gathering business ...
Revenue
$102.5M
Gross Profit
$57.5M
Operating Profit
$9.0M
Net Profit
$10.0M
Gross Margin
56.1%
Operating Margin
8.8%
Net Margin
9.7%
YoY Growth
19.2%
EPS
$0.34
IMPINJ INC Q2 FY2024 Financial Summary
IMPINJ INC reported revenue of $102.5M (up 19.2% YoY) for Q2 FY2024, with a net profit of $10.0M (up 223.5% YoY) (9.7% margin). Cost of goods sold was $45.0M, operating expenses totaled $48.5M.
Key Financial Metrics
| Total Revenue | $102.5M |
|---|---|
| Net Profit | $10.0M |
| Gross Margin | 56.1% |
| Operating Margin | 8.8% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
IMPINJ INC Q2 FY2024 revenue of $102.5M breaks down across 2 segments, led by Endpoint I Cs at $89.4M (87.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Endpoint I Cs | $89.4M | 87.2% |
| Systems | $13.1M | 12.8% |
IMPINJ INC Revenue by Segment — Quarterly Trend
IMPINJ INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Endpoint I Cs and Systems) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Endpoint I Cs | — | $75.2M | $78.8M | $84.6M |
| Systems | — | $17.7M | $17.3M | $13.3M |
IMPINJ INC Annual Revenue by Year
IMPINJ INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $361.1M).
| Year | Annual Revenue |
|---|---|
| 2025 | $361.1M |
| 2024 | $366.1M |
| 2023 | $307.5M |
| 2022 | $257.8M |
IMPINJ INC Quarterly Revenue & Net Profit History
IMPINJ INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $74.3M | -0.0% | $8.3M | 11.2% |
| Q4 FY2025 | $92.8M | +1.4% | $-1.1M | -1.2% |
| Q3 FY2025 | $96.1M | +0.9% | $-12.8M | -13.3% |
| Q2 FY2025 | $97.9M | -4.5% | $11.6M | 11.8% |
| Q1 FY2025 | $74.3M | -3.3% | $-8.5M | -11.4% |
| Q4 FY2024 | $91.6M | +29.6% | $-2.7M | -2.9% |
| Q3 FY2024 | $95.2M | +46.4% | $221.0K | 0.2% |
| Q2 FY2024 | $102.5M | +19.2% | $10.0M | 9.7% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $102.5M | $95.2M | $91.6M | $74.3M | $97.9M | $96.1M | $92.8M | $74.3M |
| YoY Growth | 19.2% | 46.4% | 29.6% | -3.3% | -4.5% | 0.9% | 1.4% | -0.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $446.1M | $476.4M | $489.1M | $479.8M | $508.8M | $516.5M | $545.2M | $502.5M |
| Liabilities | $329.1M | $340.3M | $339.2M | $319.3M | $321.1M | $321.5M | $336.0M | $298.6M |
| Equity | $117.0M | $136.1M | $149.9M | $160.6M | $187.7M | $195.0M | $209.2M | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $45.5M | $10.1M | $12.6M | $-11.1M | $33.9M | $20.9M | $15.1M |