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Side-by-side financial comparison of IMPINJ INC (PI) and 1ST SOURCE CORP (SRCE). Click either name above to swap in a different company.

1ST SOURCE CORP is the larger business by last-quarter revenue ($113.1M vs $74.3M, roughly 1.5× IMPINJ INC). 1ST SOURCE CORP runs the higher net margin — 35.3% vs 11.2%, a 24.1% gap on every dollar of revenue. On growth, 1ST SOURCE CORP posted the faster year-over-year revenue change (8.7% vs -0.0%). 1ST SOURCE CORP produced more free cash flow last quarter ($58.1M vs $2.2M). Over the past eight quarters, 1ST SOURCE CORP's revenue compounded faster (7.8% CAGR vs -14.9%).

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 ...

1st Source Corporation is a financial services company headquartered in South Bend, Indiana. It operates 1st Source Bank, a bank with 81 branches in Indiana and Michigan. The bank's Specialty Finance Group provides financing for aircraft, trucks, and construction equipment. 1st Source Insurance provides insurance products and services.

PI vs SRCE — Head-to-Head

Bigger by revenue
SRCE
SRCE
1.5× larger
SRCE
$113.1M
$74.3M
PI
Growing faster (revenue YoY)
SRCE
SRCE
+8.8% gap
SRCE
8.7%
-0.0%
PI
Higher net margin
SRCE
SRCE
24.1% more per $
SRCE
35.3%
11.2%
PI
More free cash flow
SRCE
SRCE
$55.9M more FCF
SRCE
$58.1M
$2.2M
PI
Faster 2-yr revenue CAGR
SRCE
SRCE
Annualised
SRCE
7.8%
-14.9%
PI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
PI
PI
SRCE
SRCE
Revenue
$74.3M
$113.1M
Net Profit
$8.3M
$40.0M
Gross Margin
49.1%
Operating Margin
30.5%
45.4%
Net Margin
11.2%
35.3%
Revenue YoY
-0.0%
8.7%
Net Profit YoY
6.5%
EPS (diluted)
$0.14
$1.63

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
PI
PI
SRCE
SRCE
Q1 26
$74.3M
$113.1M
Q4 25
$92.8M
$110.8M
Q3 25
$96.1M
$110.7M
Q2 25
$97.9M
$108.2M
Q1 25
$74.3M
$104.0M
Q4 24
$91.6M
$97.8M
Q3 24
$95.2M
$97.9M
Q2 24
$102.5M
$97.3M
Net Profit
PI
PI
SRCE
SRCE
Q1 26
$8.3M
$40.0M
Q4 25
$-1.1M
$41.1M
Q3 25
$-12.8M
$42.3M
Q2 25
$11.6M
$37.3M
Q1 25
$-8.5M
$37.5M
Q4 24
$-2.7M
$31.4M
Q3 24
$221.0K
$34.9M
Q2 24
$10.0M
$36.8M
Gross Margin
PI
PI
SRCE
SRCE
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
PI
PI
SRCE
SRCE
Q1 26
30.5%
45.4%
Q4 25
-2.9%
Q3 25
0.7%
49.7%
Q2 25
11.1%
44.5%
Q1 25
-12.9%
45.8%
Q4 24
-3.9%
Q3 24
-0.8%
46.3%
Q2 24
8.8%
49.1%
Net Margin
PI
PI
SRCE
SRCE
Q1 26
11.2%
35.3%
Q4 25
-1.2%
37.1%
Q3 25
-13.3%
38.2%
Q2 25
11.8%
34.5%
Q1 25
-11.4%
36.1%
Q4 24
-2.9%
32.1%
Q3 24
0.2%
35.7%
Q2 24
9.7%
37.8%
EPS (diluted)
PI
PI
SRCE
SRCE
Q1 26
$0.14
$1.63
Q4 25
$-0.02
$1.67
Q3 25
$-0.44
$1.71
Q2 25
$0.39
$1.51
Q1 25
$-0.30
$1.52
Q4 24
$-0.06
$1.27
Q3 24
$0.01
$1.41
Q2 24
$0.34
$1.49

Balance Sheet & Financial Strength

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

Metric
PI
PI
SRCE
SRCE
Cash + ST InvestmentsLiquidity on hand
$131.8M
Total DebtLower is stronger
$241.5M
Stockholders' EquityBook value
$1.3B
Total Assets
$502.5M
$9.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PI
PI
SRCE
SRCE
Q1 26
$131.8M
Q4 25
$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
PI
PI
SRCE
SRCE
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
PI
PI
SRCE
SRCE
Q1 26
$1.3B
Q4 25
$209.2M
$1.3B
Q3 25
$195.0M
$1.2B
Q2 25
$187.7M
$1.2B
Q1 25
$160.6M
$1.2B
Q4 24
$149.9M
$1.1B
Q3 24
$136.1M
$1.1B
Q2 24
$117.0M
$1.0B
Total Assets
PI
PI
SRCE
SRCE
Q1 26
$502.5M
$9.1B
Q4 25
$545.2M
$9.1B
Q3 25
$516.5M
$9.1B
Q2 25
$508.8M
$9.1B
Q1 25
$479.8M
$9.0B
Q4 24
$489.1M
$8.9B
Q3 24
$476.4M
$8.8B
Q2 24
$446.1M
$8.9B
Debt / Equity
PI
PI
SRCE
SRCE
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
PI
PI
SRCE
SRCE
Operating Cash FlowLast quarter
$59.1M
Free Cash FlowOCF − Capex
$2.2M
$58.1M
FCF MarginFCF / Revenue
3.0%
51.4%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
1.48×
TTM Free Cash FlowTrailing 4 quarters
$61.1M
$361.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PI
PI
SRCE
SRCE
Q1 26
$59.1M
Q4 25
$15.1M
$223.1M
Q3 25
$20.9M
$51.0M
Q2 25
$33.9M
$44.9M
Q1 25
$-11.1M
$71.8M
Q4 24
$12.6M
$193.9M
Q3 24
$10.1M
$68.4M
Q2 24
$45.5M
$50.0M
Free Cash Flow
PI
PI
SRCE
SRCE
Q1 26
$2.2M
$58.1M
Q4 25
$13.6M
$213.0M
Q3 25
$18.0M
$47.3M
Q2 25
$27.3M
$43.0M
Q1 25
$-13.0M
$69.3M
Q4 24
$8.5M
$181.5M
Q3 24
$4.7M
$66.7M
Q2 24
$44.1M
$46.4M
FCF Margin
PI
PI
SRCE
SRCE
Q1 26
3.0%
51.4%
Q4 25
14.7%
192.2%
Q3 25
18.7%
42.7%
Q2 25
27.9%
39.8%
Q1 25
-17.5%
66.6%
Q4 24
9.3%
185.5%
Q3 24
4.9%
68.1%
Q2 24
43.0%
47.7%
Capex Intensity
PI
PI
SRCE
SRCE
Q1 26
0.9%
Q4 25
1.6%
9.1%
Q3 25
3.1%
3.4%
Q2 25
6.7%
1.7%
Q1 25
2.5%
2.4%
Q4 24
4.5%
12.6%
Q3 24
5.7%
1.7%
Q2 24
1.3%
3.7%
Cash Conversion
PI
PI
SRCE
SRCE
Q1 26
1.48×
Q4 25
5.42×
Q3 25
1.21×
Q2 25
2.93×
1.20×
Q1 25
1.91×
Q4 24
6.17×
Q3 24
45.56×
1.96×
Q2 24
4.56×
1.36×

Financial Flow Comparison

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

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