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

InterDigital, Inc. is the larger business by last-quarter revenue ($158.2M vs $74.3M, roughly 2.1× IMPINJ INC). InterDigital, Inc. runs the higher net margin — 27.2% vs 11.2%, a 16.0% gap on every dollar of revenue. On growth, IMPINJ INC posted the faster year-over-year revenue change (-0.0% vs -37.4%). InterDigital, Inc. produced more free cash flow last quarter ($528.6M vs $2.2M). Over the past eight quarters, IMPINJ INC's revenue compounded faster (-14.9% CAGR vs -22.5%).

InterDigital, Inc. is an American technology research and development company that provides wireless and video technologies for mobile devices, networks, and services worldwide. Founded in 1972, InterDigital is listed on the Nasdaq and is included in the S&P 600 index.

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 ...

IDCC vs PI — Head-to-Head

Bigger by revenue
IDCC
IDCC
2.1× larger
IDCC
$158.2M
$74.3M
PI
Growing faster (revenue YoY)
PI
PI
+37.4% gap
PI
-0.0%
-37.4%
IDCC
Higher net margin
IDCC
IDCC
16.0% more per $
IDCC
27.2%
11.2%
PI
More free cash flow
IDCC
IDCC
$526.3M more FCF
IDCC
$528.6M
$2.2M
PI
Faster 2-yr revenue CAGR
PI
PI
Annualised
PI
-14.9%
-22.5%
IDCC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
IDCC
IDCC
PI
PI
Revenue
$158.2M
$74.3M
Net Profit
$43.0M
$8.3M
Gross Margin
49.1%
Operating Margin
30.2%
30.5%
Net Margin
27.2%
11.2%
Revenue YoY
-37.4%
-0.0%
Net Profit YoY
-67.7%
EPS (diluted)
$1.07
$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
IDCC
IDCC
PI
PI
Q1 26
$74.3M
Q4 25
$158.2M
$92.8M
Q3 25
$164.7M
$96.1M
Q2 25
$300.6M
$97.9M
Q1 25
$210.5M
$74.3M
Q4 24
$252.8M
$91.6M
Q3 24
$128.7M
$95.2M
Q2 24
$223.5M
$102.5M
Net Profit
IDCC
IDCC
PI
PI
Q1 26
$8.3M
Q4 25
$43.0M
$-1.1M
Q3 25
$67.5M
$-12.8M
Q2 25
$180.6M
$11.6M
Q1 25
$115.6M
$-8.5M
Q4 24
$133.1M
$-2.7M
Q3 24
$34.2M
$221.0K
Q2 24
$109.7M
$10.0M
Gross Margin
IDCC
IDCC
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
IDCC
IDCC
PI
PI
Q1 26
30.5%
Q4 25
30.2%
-2.9%
Q3 25
46.0%
0.7%
Q2 25
68.3%
11.1%
Q1 25
62.6%
-12.9%
Q4 24
64.3%
-3.9%
Q3 24
30.6%
-0.8%
Q2 24
59.9%
8.8%
Net Margin
IDCC
IDCC
PI
PI
Q1 26
11.2%
Q4 25
27.2%
-1.2%
Q3 25
41.0%
-13.3%
Q2 25
60.1%
11.8%
Q1 25
54.9%
-11.4%
Q4 24
52.7%
-2.9%
Q3 24
26.6%
0.2%
Q2 24
49.1%
9.7%
EPS (diluted)
IDCC
IDCC
PI
PI
Q1 26
$0.14
Q4 25
$1.07
$-0.02
Q3 25
$1.93
$-0.44
Q2 25
$5.35
$0.39
Q1 25
$3.45
$-0.30
Q4 24
$4.12
$-0.06
Q3 24
$1.14
$0.01
Q2 24
$3.93
$0.34

Balance Sheet & Financial Strength

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

Metric
IDCC
IDCC
PI
PI
Cash + ST InvestmentsLiquidity on hand
$1.2B
$131.8M
Total DebtLower is stronger
$16.3M
$241.5M
Stockholders' EquityBook value
$1.1B
Total Assets
$2.1B
$502.5M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IDCC
IDCC
PI
PI
Q1 26
$131.8M
Q4 25
$1.2B
$175.3M
Q3 25
$1.3B
$190.1M
Q2 25
$937.0M
$193.2M
Q1 25
$883.3M
$147.9M
Q4 24
$958.2M
$164.7M
Q3 24
$813.2M
$170.3M
Q2 24
$760.3M
$220.2M
Total Debt
IDCC
IDCC
PI
PI
Q1 26
$241.5M
Q4 25
$16.3M
$280.9M
Q3 25
$17.1M
$280.4M
Q2 25
$16.6M
Q1 25
$16.0M
Q4 24
$15.4M
$283.5M
Q3 24
$18.3M
Q2 24
$17.7M
Stockholders' Equity
IDCC
IDCC
PI
PI
Q1 26
Q4 25
$1.1B
$209.2M
Q3 25
$1.1B
$195.0M
Q2 25
$1.1B
$187.7M
Q1 25
$936.9M
$160.6M
Q4 24
$857.2M
$149.9M
Q3 24
$722.5M
$136.1M
Q2 24
$696.8M
$117.0M
Total Assets
IDCC
IDCC
PI
PI
Q1 26
$502.5M
Q4 25
$2.1B
$545.2M
Q3 25
$2.1B
$516.5M
Q2 25
$2.0B
$508.8M
Q1 25
$1.9B
$479.8M
Q4 24
$1.8B
$489.1M
Q3 24
$1.7B
$476.4M
Q2 24
$1.6B
$446.1M
Debt / Equity
IDCC
IDCC
PI
PI
Q1 26
Q4 25
0.01×
1.34×
Q3 25
0.02×
1.44×
Q2 25
0.02×
Q1 25
0.02×
Q4 24
0.02×
1.89×
Q3 24
0.03×
Q2 24
0.03×

Cash Flow & Capital Efficiency

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

Metric
IDCC
IDCC
PI
PI
Operating Cash FlowLast quarter
$544.5M
Free Cash FlowOCF − Capex
$528.6M
$2.2M
FCF MarginFCF / Revenue
334.0%
3.0%
Capex IntensityCapex / Revenue
10.0%
Cash ConversionOCF / Net Profit
12.67×
TTM Free Cash FlowTrailing 4 quarters
$994.0M
$61.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IDCC
IDCC
PI
PI
Q1 26
Q4 25
$544.5M
$15.1M
Q3 25
$395.9M
$20.9M
Q2 25
$105.1M
$33.9M
Q1 25
$-20.0M
$-11.1M
Q4 24
$271.5M
$12.6M
Q3 24
$77.6M
$10.1M
Q2 24
$-48.9M
$45.5M
Free Cash Flow
IDCC
IDCC
PI
PI
Q1 26
$2.2M
Q4 25
$528.6M
$13.6M
Q3 25
$395.3M
$18.0M
Q2 25
$104.5M
$27.3M
Q1 25
$-34.5M
$-13.0M
Q4 24
$265.7M
$8.5M
Q3 24
$76.7M
$4.7M
Q2 24
$-49.5M
$44.1M
FCF Margin
IDCC
IDCC
PI
PI
Q1 26
3.0%
Q4 25
334.0%
14.7%
Q3 25
240.1%
18.7%
Q2 25
34.8%
27.9%
Q1 25
-16.4%
-17.5%
Q4 24
105.1%
9.3%
Q3 24
59.6%
4.9%
Q2 24
-22.1%
43.0%
Capex Intensity
IDCC
IDCC
PI
PI
Q1 26
Q4 25
10.0%
1.6%
Q3 25
0.4%
3.1%
Q2 25
0.2%
6.7%
Q1 25
6.9%
2.5%
Q4 24
2.3%
4.5%
Q3 24
0.7%
5.7%
Q2 24
0.3%
1.3%
Cash Conversion
IDCC
IDCC
PI
PI
Q1 26
Q4 25
12.67×
Q3 25
5.87×
Q2 25
0.58×
2.93×
Q1 25
-0.17×
Q4 24
2.04×
Q3 24
2.27×
45.56×
Q2 24
-0.45×
4.56×

Financial Flow Comparison

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

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