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Side-by-side financial comparison of NATURES SUNSHINE PRODUCTS INC (NATR) and IMPINJ INC (PI). Click either name above to swap in a different company.

NATURES SUNSHINE PRODUCTS INC is the larger business by last-quarter revenue ($123.8M vs $74.3M, roughly 1.7× IMPINJ INC). IMPINJ INC runs the higher net margin — 11.2% vs 3.3%, a 7.9% gap on every dollar of revenue. On growth, NATURES SUNSHINE PRODUCTS INC posted the faster year-over-year revenue change (4.7% vs -0.0%). NATURES SUNSHINE PRODUCTS INC produced more free cash flow last quarter ($7.6M vs $2.2M). Over the past eight quarters, NATURES SUNSHINE PRODUCTS INC's revenue compounded faster (5.6% CAGR vs -14.9%).

Nature's Sunshine Products, Inc. also known as "NSP", is a manufacturer of dietary supplements, including herbs, vitamins, minerals, and personal care products. It is based in Lehi, Utah, with a manufacturing facility in Spanish Fork, Utah.

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 ...

NATR vs PI — Head-to-Head

Bigger by revenue
NATR
NATR
1.7× larger
NATR
$123.8M
$74.3M
PI
Growing faster (revenue YoY)
NATR
NATR
+4.8% gap
NATR
4.7%
-0.0%
PI
Higher net margin
PI
PI
7.9% more per $
PI
11.2%
3.3%
NATR
More free cash flow
NATR
NATR
$5.3M more FCF
NATR
$7.6M
$2.2M
PI
Faster 2-yr revenue CAGR
NATR
NATR
Annualised
NATR
5.6%
-14.9%
PI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
NATR
NATR
PI
PI
Revenue
$123.8M
$74.3M
Net Profit
$4.1M
$8.3M
Gross Margin
72.5%
49.1%
Operating Margin
4.3%
30.5%
Net Margin
3.3%
11.2%
Revenue YoY
4.7%
-0.0%
Net Profit YoY
1379.4%
EPS (diluted)
$0.23
$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
NATR
NATR
PI
PI
Q1 26
$74.3M
Q4 25
$123.8M
$92.8M
Q3 25
$128.3M
$96.1M
Q2 25
$114.8M
$97.9M
Q1 25
$113.2M
$74.3M
Q4 24
$118.2M
$91.6M
Q3 24
$114.6M
$95.2M
Q2 24
$110.6M
$102.5M
Net Profit
NATR
NATR
PI
PI
Q1 26
$8.3M
Q4 25
$4.1M
$-1.1M
Q3 25
$5.3M
$-12.8M
Q2 25
$5.3M
$11.6M
Q1 25
$4.7M
$-8.5M
Q4 24
$-321.0K
$-2.7M
Q3 24
$4.3M
$221.0K
Q2 24
$1.3M
$10.0M
Gross Margin
NATR
NATR
PI
PI
Q1 26
49.1%
Q4 25
72.5%
51.8%
Q3 25
73.3%
50.3%
Q2 25
71.7%
57.8%
Q1 25
72.1%
49.4%
Q4 24
72.0%
50.5%
Q3 24
71.3%
50.0%
Q2 24
71.4%
56.1%
Operating Margin
NATR
NATR
PI
PI
Q1 26
30.5%
Q4 25
4.3%
-2.9%
Q3 25
7.0%
0.7%
Q2 25
3.7%
11.1%
Q1 25
5.4%
-12.9%
Q4 24
3.8%
-3.9%
Q3 24
4.6%
-0.8%
Q2 24
5.1%
8.8%
Net Margin
NATR
NATR
PI
PI
Q1 26
11.2%
Q4 25
3.3%
-1.2%
Q3 25
4.2%
-13.3%
Q2 25
4.6%
11.8%
Q1 25
4.2%
-11.4%
Q4 24
-0.3%
-2.9%
Q3 24
3.8%
0.2%
Q2 24
1.2%
9.7%
EPS (diluted)
NATR
NATR
PI
PI
Q1 26
$0.14
Q4 25
$0.23
$-0.02
Q3 25
$0.30
$-0.44
Q2 25
$0.28
$0.39
Q1 25
$0.25
$-0.30
Q4 24
$-0.02
$-0.06
Q3 24
$0.23
$0.01
Q2 24
$0.07
$0.34

Balance Sheet & Financial Strength

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

Metric
NATR
NATR
PI
PI
Cash + ST InvestmentsLiquidity on hand
$93.9M
$131.8M
Total DebtLower is stronger
$241.5M
Stockholders' EquityBook value
$161.6M
Total Assets
$261.1M
$502.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NATR
NATR
PI
PI
Q1 26
$131.8M
Q4 25
$93.9M
$175.3M
Q3 25
$95.6M
$190.1M
Q2 25
$81.3M
$193.2M
Q1 25
$86.5M
$147.9M
Q4 24
$84.7M
$164.7M
Q3 24
$78.7M
$170.3M
Q2 24
$68.7M
$220.2M
Total Debt
NATR
NATR
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
NATR
NATR
PI
PI
Q1 26
Q4 25
$161.6M
$209.2M
Q3 25
$166.7M
$195.0M
Q2 25
$163.7M
$187.7M
Q1 25
$167.1M
$160.6M
Q4 24
$161.0M
$149.9M
Q3 24
$162.6M
$136.1M
Q2 24
$156.4M
$117.0M
Total Assets
NATR
NATR
PI
PI
Q1 26
$502.5M
Q4 25
$261.1M
$545.2M
Q3 25
$264.8M
$516.5M
Q2 25
$254.9M
$508.8M
Q1 25
$252.7M
$479.8M
Q4 24
$240.9M
$489.1M
Q3 24
$245.3M
$476.4M
Q2 24
$235.8M
$446.1M
Debt / Equity
NATR
NATR
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
NATR
NATR
PI
PI
Operating Cash FlowLast quarter
$9.9M
Free Cash FlowOCF − Capex
$7.6M
$2.2M
FCF MarginFCF / Revenue
6.1%
3.0%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
2.41×
TTM Free Cash FlowTrailing 4 quarters
$28.8M
$61.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NATR
NATR
PI
PI
Q1 26
Q4 25
$9.9M
$15.1M
Q3 25
$18.5M
$20.9M
Q2 25
$4.3M
$33.9M
Q1 25
$2.6M
$-11.1M
Q4 24
$12.2M
$12.6M
Q3 24
$9.6M
$10.1M
Q2 24
$1.3M
$45.5M
Free Cash Flow
NATR
NATR
PI
PI
Q1 26
$2.2M
Q4 25
$7.6M
$13.6M
Q3 25
$16.8M
$18.0M
Q2 25
$3.0M
$27.3M
Q1 25
$1.5M
$-13.0M
Q4 24
$10.0M
$8.5M
Q3 24
$7.9M
$4.7M
Q2 24
$-2.0M
$44.1M
FCF Margin
NATR
NATR
PI
PI
Q1 26
3.0%
Q4 25
6.1%
14.7%
Q3 25
13.1%
18.7%
Q2 25
2.6%
27.9%
Q1 25
1.3%
-17.5%
Q4 24
8.5%
9.3%
Q3 24
6.9%
4.9%
Q2 24
-1.9%
43.0%
Capex Intensity
NATR
NATR
PI
PI
Q1 26
Q4 25
1.9%
1.6%
Q3 25
1.3%
3.1%
Q2 25
1.2%
6.7%
Q1 25
1.0%
2.5%
Q4 24
1.9%
4.5%
Q3 24
1.5%
5.7%
Q2 24
3.0%
1.3%
Cash Conversion
NATR
NATR
PI
PI
Q1 26
Q4 25
2.41×
Q3 25
3.46×
Q2 25
0.81×
2.93×
Q1 25
0.55×
Q4 24
Q3 24
2.21×
45.56×
Q2 24
0.97×
4.56×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NATR
NATR

Other$68.1M55%
General Health Products$20.2M16%
Digestive Products$13.8M11%
Cardiovascular Products$12.1M10%
Personal Care Products$4.4M4%
Immunity Products$3.1M3%
Weight Management Products$2.1M2%

PI
PI

Segment breakdown not available.

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