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Side-by-side financial comparison of DORIAN LPG LTD. (LPG) and IMPINJ INC (PI). Click either name above to swap in a different company.

DORIAN LPG LTD. is the larger business by last-quarter revenue ($120.0M vs $74.3M, roughly 1.6× IMPINJ INC). DORIAN LPG LTD. runs the higher net margin — 39.3% vs 11.2%, a 28.1% gap on every dollar of revenue. On growth, DORIAN LPG LTD. posted the faster year-over-year revenue change (48.7% vs -0.0%). Over the past eight quarters, DORIAN LPG LTD.'s revenue compounded faster (-7.9% CAGR vs -14.9%).

Dorian LPG Ltd. is a leading international shipping company focused on the seaborne transportation of liquefied petroleum gas (LPG). It owns and operates a modern fleet of very large gas carriers, serving energy and petrochemical industry clients across key markets including North America, Asia and Europe.

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 ...

LPG vs PI — Head-to-Head

Bigger by revenue
LPG
LPG
1.6× larger
LPG
$120.0M
$74.3M
PI
Growing faster (revenue YoY)
LPG
LPG
+48.8% gap
LPG
48.7%
-0.0%
PI
Higher net margin
LPG
LPG
28.1% more per $
LPG
39.3%
11.2%
PI
Faster 2-yr revenue CAGR
LPG
LPG
Annualised
LPG
-7.9%
-14.9%
PI

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
LPG
LPG
PI
PI
Revenue
$120.0M
$74.3M
Net Profit
$47.2M
$8.3M
Gross Margin
49.1%
Operating Margin
42.8%
30.5%
Net Margin
39.3%
11.2%
Revenue YoY
48.7%
-0.0%
Net Profit YoY
120.9%
EPS (diluted)
$1.11
$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
LPG
LPG
PI
PI
Q1 26
$74.3M
Q4 25
$120.0M
$92.8M
Q3 25
$124.1M
$96.1M
Q2 25
$84.2M
$97.9M
Q1 25
$75.9M
$74.3M
Q4 24
$80.7M
$91.6M
Q3 24
$82.4M
$95.2M
Q2 24
$114.4M
$102.5M
Net Profit
LPG
LPG
PI
PI
Q1 26
$8.3M
Q4 25
$47.2M
$-1.1M
Q3 25
$55.4M
$-12.8M
Q2 25
$10.1M
$11.6M
Q1 25
$8.1M
$-8.5M
Q4 24
$21.4M
$-2.7M
Q3 24
$9.4M
$221.0K
Q2 24
$51.3M
$10.0M
Gross Margin
LPG
LPG
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
LPG
LPG
PI
PI
Q1 26
30.5%
Q4 25
42.8%
-2.9%
Q3 25
47.8%
0.7%
Q2 25
18.5%
11.1%
Q1 25
19.4%
-12.9%
Q4 24
29.0%
-3.9%
Q3 24
23.2%
-0.8%
Q2 24
48.5%
8.8%
Net Margin
LPG
LPG
PI
PI
Q1 26
11.2%
Q4 25
39.3%
-1.2%
Q3 25
44.6%
-13.3%
Q2 25
12.0%
11.8%
Q1 25
10.7%
-11.4%
Q4 24
26.5%
-2.9%
Q3 24
11.4%
0.2%
Q2 24
44.9%
9.7%
EPS (diluted)
LPG
LPG
PI
PI
Q1 26
$0.14
Q4 25
$1.11
$-0.02
Q3 25
$1.30
$-0.44
Q2 25
$0.24
$0.39
Q1 25
$0.17
$-0.30
Q4 24
$0.50
$-0.06
Q3 24
$0.22
$0.01
Q2 24
$1.25
$0.34

Balance Sheet & Financial Strength

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

Metric
LPG
LPG
PI
PI
Cash + ST InvestmentsLiquidity on hand
$294.5M
$131.8M
Total DebtLower is stronger
$513.2M
$241.5M
Stockholders' EquityBook value
$1.1B
Total Assets
$1.8B
$502.5M
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LPG
LPG
PI
PI
Q1 26
$131.8M
Q4 25
$294.5M
$175.3M
Q3 25
$268.3M
$190.1M
Q2 25
$277.9M
$193.2M
Q1 25
$316.9M
$147.9M
Q4 24
$314.5M
$164.7M
Q3 24
$348.6M
$170.3M
Q2 24
$353.3M
$220.2M
Total Debt
LPG
LPG
PI
PI
Q1 26
$241.5M
Q4 25
$513.2M
$280.9M
Q3 25
$526.4M
$280.4M
Q2 25
$539.6M
Q1 25
$553.3M
Q4 24
$565.9M
$283.5M
Q3 24
$579.0M
Q2 24
$592.1M
Stockholders' Equity
LPG
LPG
PI
PI
Q1 26
Q4 25
$1.1B
$209.2M
Q3 25
$1.1B
$195.0M
Q2 25
$1.0B
$187.7M
Q1 25
$1.0B
$160.6M
Q4 24
$1.1B
$149.9M
Q3 24
$1.1B
$136.1M
Q2 24
$1.1B
$117.0M
Total Assets
LPG
LPG
PI
PI
Q1 26
$502.5M
Q4 25
$1.8B
$545.2M
Q3 25
$1.8B
$516.5M
Q2 25
$1.7B
$508.8M
Q1 25
$1.8B
$479.8M
Q4 24
$1.8B
$489.1M
Q3 24
$1.9B
$476.4M
Q2 24
$1.9B
$446.1M
Debt / Equity
LPG
LPG
PI
PI
Q1 26
Q4 25
0.47×
1.34×
Q3 25
0.49×
1.44×
Q2 25
0.52×
Q1 25
0.53×
Q4 24
0.53×
1.89×
Q3 24
0.53×
Q2 24
0.53×

Cash Flow & Capital Efficiency

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

Metric
LPG
LPG
PI
PI
Operating Cash FlowLast quarter
$80.8M
Free Cash FlowOCF − Capex
$2.2M
FCF MarginFCF / Revenue
3.0%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.71×
TTM Free Cash FlowTrailing 4 quarters
$61.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LPG
LPG
PI
PI
Q1 26
Q4 25
$80.8M
$15.1M
Q3 25
$46.4M
$20.9M
Q2 25
$814.5K
$33.9M
Q1 25
$50.2M
$-11.1M
Q4 24
$24.3M
$12.6M
Q3 24
$57.3M
$10.1M
Q2 24
$41.2M
$45.5M
Free Cash Flow
LPG
LPG
PI
PI
Q1 26
$2.2M
Q4 25
$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
LPG
LPG
PI
PI
Q1 26
3.0%
Q4 25
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
LPG
LPG
PI
PI
Q1 26
Q4 25
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
LPG
LPG
PI
PI
Q1 26
Q4 25
1.71×
Q3 25
0.84×
Q2 25
0.08×
2.93×
Q1 25
6.20×
Q4 24
1.14×
Q3 24
6.08×
45.56×
Q2 24
0.80×
4.56×

Financial Flow Comparison

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

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