vs

Side-by-side financial comparison of Beam Therapeutics Inc. (BEAM) and IMPINJ INC (PI). Click either name above to swap in a different company.

Beam Therapeutics Inc. is the larger business by last-quarter revenue ($114.1M vs $74.3M, roughly 1.5× IMPINJ INC). Beam Therapeutics Inc. runs the higher net margin — 214.1% vs 11.2%, a 202.9% gap on every dollar of revenue. On growth, Beam Therapeutics Inc. posted the faster year-over-year revenue change (279.5% vs -0.0%). IMPINJ INC produced more free cash flow last quarter ($2.2M vs $-87.0M).

Beam Therapeutics Inc. is an American biotechnology company conducting research in the field of gene therapies and genome editing. The company is headquartered in Cambridge, Massachusetts. In the development of therapies, the company relies on CRISPR base editing and prime editing, whereby single nucleotides in a DNA sequence can be enzymatically modified without producing double-strand breaks.

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 ...

BEAM vs PI — Head-to-Head

Bigger by revenue
BEAM
BEAM
1.5× larger
BEAM
$114.1M
$74.3M
PI
Growing faster (revenue YoY)
BEAM
BEAM
+279.6% gap
BEAM
279.5%
-0.0%
PI
Higher net margin
BEAM
BEAM
202.9% more per $
BEAM
214.1%
11.2%
PI
More free cash flow
PI
PI
$89.3M more FCF
PI
$2.2M
$-87.0M
BEAM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BEAM
BEAM
PI
PI
Revenue
$114.1M
$74.3M
Net Profit
$244.3M
$8.3M
Gross Margin
49.1%
Operating Margin
-15.3%
30.5%
Net Margin
214.1%
11.2%
Revenue YoY
279.5%
-0.0%
Net Profit YoY
370.4%
EPS (diluted)
$2.53
$0.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BEAM
BEAM
PI
PI
Q1 26
$74.3M
Q4 25
$114.1M
$92.8M
Q3 25
$96.1M
Q2 25
$97.9M
Q1 25
$74.3M
Q4 24
$91.6M
Q3 24
$95.2M
Q2 24
$102.5M
Net Profit
BEAM
BEAM
PI
PI
Q1 26
$8.3M
Q4 25
$244.3M
$-1.1M
Q3 25
$-12.8M
Q2 25
$11.6M
Q1 25
$-8.5M
Q4 24
$-2.7M
Q3 24
$221.0K
Q2 24
$10.0M
Gross Margin
BEAM
BEAM
PI
PI
Q1 26
49.1%
Q4 25
51.8%
Q3 25
50.3%
Q2 25
57.8%
Q1 25
49.4%
Q4 24
50.5%
Q3 24
50.0%
Q2 24
56.1%
Operating Margin
BEAM
BEAM
PI
PI
Q1 26
30.5%
Q4 25
-15.3%
-2.9%
Q3 25
0.7%
Q2 25
11.1%
Q1 25
-12.9%
Q4 24
-3.9%
Q3 24
-0.8%
Q2 24
8.8%
Net Margin
BEAM
BEAM
PI
PI
Q1 26
11.2%
Q4 25
214.1%
-1.2%
Q3 25
-13.3%
Q2 25
11.8%
Q1 25
-11.4%
Q4 24
-2.9%
Q3 24
0.2%
Q2 24
9.7%
EPS (diluted)
BEAM
BEAM
PI
PI
Q1 26
$0.14
Q4 25
$2.53
$-0.02
Q3 25
$-0.44
Q2 25
$0.39
Q1 25
$-0.30
Q4 24
$-0.06
Q3 24
$0.01
Q2 24
$0.34

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BEAM
BEAM
PI
PI
Cash + ST InvestmentsLiquidity on hand
$1.2B
$131.8M
Total DebtLower is stronger
$241.5M
Stockholders' EquityBook value
$1.2B
Total Assets
$1.5B
$502.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEAM
BEAM
PI
PI
Q1 26
$131.8M
Q4 25
$1.2B
$175.3M
Q3 25
$190.1M
Q2 25
$193.2M
Q1 25
$147.9M
Q4 24
$164.7M
Q3 24
$170.3M
Q2 24
$220.2M
Total Debt
BEAM
BEAM
PI
PI
Q1 26
$241.5M
Q4 25
$280.9M
Q3 25
$280.4M
Q2 25
Q1 25
Q4 24
$283.5M
Q3 24
Q2 24
Stockholders' Equity
BEAM
BEAM
PI
PI
Q1 26
Q4 25
$1.2B
$209.2M
Q3 25
$195.0M
Q2 25
$187.7M
Q1 25
$160.6M
Q4 24
$149.9M
Q3 24
$136.1M
Q2 24
$117.0M
Total Assets
BEAM
BEAM
PI
PI
Q1 26
$502.5M
Q4 25
$1.5B
$545.2M
Q3 25
$516.5M
Q2 25
$508.8M
Q1 25
$479.8M
Q4 24
$489.1M
Q3 24
$476.4M
Q2 24
$446.1M
Debt / Equity
BEAM
BEAM
PI
PI
Q1 26
Q4 25
1.34×
Q3 25
1.44×
Q2 25
Q1 25
Q4 24
1.89×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BEAM
BEAM
PI
PI
Operating Cash FlowLast quarter
$-83.3M
Free Cash FlowOCF − Capex
$-87.0M
$2.2M
FCF MarginFCF / Revenue
-76.3%
3.0%
Capex IntensityCapex / Revenue
3.3%
Cash ConversionOCF / Net Profit
-0.34×
TTM Free Cash FlowTrailing 4 quarters
$61.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEAM
BEAM
PI
PI
Q1 26
Q4 25
$-83.3M
$15.1M
Q3 25
$20.9M
Q2 25
$33.9M
Q1 25
$-11.1M
Q4 24
$12.6M
Q3 24
$10.1M
Q2 24
$45.5M
Free Cash Flow
BEAM
BEAM
PI
PI
Q1 26
$2.2M
Q4 25
$-87.0M
$13.6M
Q3 25
$18.0M
Q2 25
$27.3M
Q1 25
$-13.0M
Q4 24
$8.5M
Q3 24
$4.7M
Q2 24
$44.1M
FCF Margin
BEAM
BEAM
PI
PI
Q1 26
3.0%
Q4 25
-76.3%
14.7%
Q3 25
18.7%
Q2 25
27.9%
Q1 25
-17.5%
Q4 24
9.3%
Q3 24
4.9%
Q2 24
43.0%
Capex Intensity
BEAM
BEAM
PI
PI
Q1 26
Q4 25
3.3%
1.6%
Q3 25
3.1%
Q2 25
6.7%
Q1 25
2.5%
Q4 24
4.5%
Q3 24
5.7%
Q2 24
1.3%
Cash Conversion
BEAM
BEAM
PI
PI
Q1 26
Q4 25
-0.34×
Q3 25
Q2 25
2.93×
Q1 25
Q4 24
Q3 24
45.56×
Q2 24
4.56×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BEAM
BEAM

Pfizer$109.1M96%
Other$5.0M4%

PI
PI

Segment breakdown not available.

Related Comparisons