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Side-by-side financial comparison of California Resources Corp (CRC) and IMPINJ INC (PI). Click either name above to swap in a different company.

California Resources Corp is the larger business by last-quarter revenue ($119.0M vs $74.3M, roughly 1.6× IMPINJ INC). IMPINJ INC produced more free cash flow last quarter ($2.2M vs $-32.0M). Over the past eight quarters, IMPINJ INC's revenue compounded faster (-14.9% CAGR vs -46.3%).

California Resources Corporation is an American energy corporation engaged in hydrocarbon exploration in California. It is organized in Delaware and headquartered in Long Beach, California. Its mineral acreage holdings in California constitute the largest privately held position in the state.

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 ...

CRC vs PI — Head-to-Head

Bigger by revenue
CRC
CRC
1.6× larger
CRC
$119.0M
$74.3M
PI
More free cash flow
PI
PI
$34.2M more FCF
PI
$2.2M
$-32.0M
CRC
Faster 2-yr revenue CAGR
PI
PI
Annualised
PI
-14.9%
-46.3%
CRC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CRC
CRC
PI
PI
Revenue
$119.0M
$74.3M
Net Profit
$8.3M
Gross Margin
49.1%
Operating Margin
-597.5%
30.5%
Net Margin
11.2%
Revenue YoY
-0.0%
Net Profit YoY
EPS (diluted)
$-8.02
$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
CRC
CRC
PI
PI
Q1 26
$119.0M
$74.3M
Q4 25
$679.0M
$92.8M
Q3 25
$715.0M
$96.1M
Q2 25
$702.0M
$97.9M
Q1 25
$814.0M
$74.3M
Q4 24
$826.0M
$91.6M
Q3 24
$870.0M
$95.2M
Q2 24
$412.0M
$102.5M
Net Profit
CRC
CRC
PI
PI
Q1 26
$8.3M
Q4 25
$12.0M
$-1.1M
Q3 25
$64.0M
$-12.8M
Q2 25
$172.0M
$11.6M
Q1 25
$115.0M
$-8.5M
Q4 24
$33.0M
$-2.7M
Q3 24
$345.0M
$221.0K
Q2 24
$8.0M
$10.0M
Gross Margin
CRC
CRC
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
CRC
CRC
PI
PI
Q1 26
-597.5%
30.5%
Q4 25
6.9%
-2.9%
Q3 25
13.7%
0.7%
Q2 25
38.0%
11.1%
Q1 25
22.9%
-12.9%
Q4 24
8.2%
-3.9%
Q3 24
59.5%
-0.8%
Q2 24
9.2%
8.8%
Net Margin
CRC
CRC
PI
PI
Q1 26
11.2%
Q4 25
1.8%
-1.2%
Q3 25
9.0%
-13.3%
Q2 25
24.5%
11.8%
Q1 25
14.1%
-11.4%
Q4 24
4.0%
-2.9%
Q3 24
39.7%
0.2%
Q2 24
1.9%
9.7%
EPS (diluted)
CRC
CRC
PI
PI
Q1 26
$-8.02
$0.14
Q4 25
$0.21
$-0.02
Q3 25
$0.76
$-0.44
Q2 25
$1.92
$0.39
Q1 25
$1.26
$-0.30
Q4 24
$0.87
$-0.06
Q3 24
$3.78
$0.01
Q2 24
$0.11
$0.34

Balance Sheet & Financial Strength

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

Metric
CRC
CRC
PI
PI
Cash + ST InvestmentsLiquidity on hand
$131.8M
Total DebtLower is stronger
$241.5M
Stockholders' EquityBook value
$2.9B
Total Assets
$502.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRC
CRC
PI
PI
Q1 26
$131.8M
Q4 25
$132.0M
$175.3M
Q3 25
$196.0M
$190.1M
Q2 25
$72.0M
$193.2M
Q1 25
$214.0M
$147.9M
Q4 24
$372.0M
$164.7M
Q3 24
$241.0M
$170.3M
Q2 24
$1.0B
$220.2M
Total Debt
CRC
CRC
PI
PI
Q1 26
$241.5M
Q4 25
$280.9M
Q3 25
$1.0B
$280.4M
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.1B
$283.5M
Q3 24
$1.1B
Q2 24
$1.2B
Stockholders' Equity
CRC
CRC
PI
PI
Q1 26
$2.9B
Q4 25
$3.7B
$209.2M
Q3 25
$3.4B
$195.0M
Q2 25
$3.4B
$187.7M
Q1 25
$3.5B
$160.6M
Q4 24
$3.5B
$149.9M
Q3 24
$3.5B
$136.1M
Q2 24
$2.1B
$117.0M
Total Assets
CRC
CRC
PI
PI
Q1 26
$502.5M
Q4 25
$7.4B
$545.2M
Q3 25
$6.8B
$516.5M
Q2 25
$6.7B
$508.8M
Q1 25
$6.8B
$479.8M
Q4 24
$7.1B
$489.1M
Q3 24
$7.1B
$476.4M
Q2 24
$4.5B
$446.1M
Debt / Equity
CRC
CRC
PI
PI
Q1 26
Q4 25
1.34×
Q3 25
0.29×
1.44×
Q2 25
0.30×
Q1 25
0.29×
Q4 24
0.32×
1.89×
Q3 24
0.32×
Q2 24
0.57×

Cash Flow & Capital Efficiency

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

Metric
CRC
CRC
PI
PI
Operating Cash FlowLast quarter
$99.0M
Free Cash FlowOCF − Capex
$-32.0M
$2.2M
FCF MarginFCF / Revenue
-26.9%
3.0%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$380.0M
$61.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRC
CRC
PI
PI
Q1 26
$99.0M
Q4 25
$235.0M
$15.1M
Q3 25
$279.0M
$20.9M
Q2 25
$165.0M
$33.9M
Q1 25
$186.0M
$-11.1M
Q4 24
$206.0M
$12.6M
Q3 24
$220.0M
$10.1M
Q2 24
$97.0M
$45.5M
Free Cash Flow
CRC
CRC
PI
PI
Q1 26
$-32.0M
$2.2M
Q4 25
$115.0M
$13.6M
Q3 25
$188.0M
$18.0M
Q2 25
$109.0M
$27.3M
Q1 25
$131.0M
$-13.0M
Q4 24
$118.0M
$8.5M
Q3 24
$141.0M
$4.7M
Q2 24
$63.0M
$44.1M
FCF Margin
CRC
CRC
PI
PI
Q1 26
-26.9%
3.0%
Q4 25
16.9%
14.7%
Q3 25
26.3%
18.7%
Q2 25
15.5%
27.9%
Q1 25
16.1%
-17.5%
Q4 24
14.3%
9.3%
Q3 24
16.2%
4.9%
Q2 24
15.3%
43.0%
Capex Intensity
CRC
CRC
PI
PI
Q1 26
Q4 25
17.7%
1.6%
Q3 25
12.7%
3.1%
Q2 25
8.0%
6.7%
Q1 25
6.8%
2.5%
Q4 24
10.7%
4.5%
Q3 24
9.1%
5.7%
Q2 24
8.3%
1.3%
Cash Conversion
CRC
CRC
PI
PI
Q1 26
Q4 25
19.58×
Q3 25
4.36×
Q2 25
0.96×
2.93×
Q1 25
1.62×
Q4 24
6.24×
Q3 24
0.64×
45.56×
Q2 24
12.13×
4.56×

Financial Flow Comparison

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

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