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

TRICO BANCSHARES is the larger business by last-quarter revenue ($109.4M vs $74.3M, roughly 1.5× IMPINJ INC). TRICO BANCSHARES runs the higher net margin — 251.6% vs 11.2%, a 240.4% gap on every dollar of revenue. On growth, TRICO BANCSHARES posted the faster year-over-year revenue change (9.0% vs -0.0%). TRICO BANCSHARES produced more free cash flow last quarter ($127.9M vs $2.2M). Over the past eight quarters, TRICO BANCSHARES 's revenue compounded faster (5.4% 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 ...

Trico Bancshares is a U.S.-headquartered regional bank holding company operating Tri Counties Bank. It offers a full range of retail and commercial banking services including deposit products, mortgages, small business loans, and wealth management, primarily serving consumers and SMEs in Northern California.

PI vs TCBK — Head-to-Head

Bigger by revenue
TCBK
TCBK
1.5× larger
TCBK
$109.4M
$74.3M
PI
Growing faster (revenue YoY)
TCBK
TCBK
+9.0% gap
TCBK
9.0%
-0.0%
PI
Higher net margin
TCBK
TCBK
240.4% more per $
TCBK
251.6%
11.2%
PI
More free cash flow
TCBK
TCBK
$125.7M more FCF
TCBK
$127.9M
$2.2M
PI
Faster 2-yr revenue CAGR
TCBK
TCBK
Annualised
TCBK
5.4%
-14.9%
PI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PI
PI
TCBK
TCBK
Revenue
$74.3M
$109.4M
Net Profit
$8.3M
$33.6M
Gross Margin
49.1%
Operating Margin
30.5%
42.6%
Net Margin
11.2%
251.6%
Revenue YoY
-0.0%
9.0%
Net Profit YoY
15.8%
EPS (diluted)
$0.14
$1.02

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
TCBK
TCBK
Q1 26
$74.3M
Q4 25
$92.8M
$109.4M
Q3 25
$96.1M
$107.6M
Q2 25
$97.9M
$103.6M
Q1 25
$74.3M
$98.6M
Q4 24
$91.6M
$100.4M
Q3 24
$95.2M
$99.1M
Q2 24
$102.5M
$97.9M
Net Profit
PI
PI
TCBK
TCBK
Q1 26
$8.3M
Q4 25
$-1.1M
$33.6M
Q3 25
$-12.8M
$34.0M
Q2 25
$11.6M
$27.5M
Q1 25
$-8.5M
$26.4M
Q4 24
$-2.7M
$29.0M
Q3 24
$221.0K
$29.1M
Q2 24
$10.0M
$29.0M
Gross Margin
PI
PI
TCBK
TCBK
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
TCBK
TCBK
Q1 26
30.5%
Q4 25
-2.9%
42.6%
Q3 25
0.7%
43.2%
Q2 25
11.1%
36.5%
Q1 25
-12.9%
35.8%
Q4 24
-3.9%
38.7%
Q3 24
-0.8%
39.8%
Q2 24
8.8%
40.0%
Net Margin
PI
PI
TCBK
TCBK
Q1 26
11.2%
Q4 25
-1.2%
251.6%
Q3 25
-13.3%
31.6%
Q2 25
11.8%
26.6%
Q1 25
-11.4%
26.7%
Q4 24
-2.9%
221.4%
Q3 24
0.2%
29.3%
Q2 24
9.7%
29.7%
EPS (diluted)
PI
PI
TCBK
TCBK
Q1 26
$0.14
Q4 25
$-0.02
$1.02
Q3 25
$-0.44
$1.04
Q2 25
$0.39
$0.84
Q1 25
$-0.30
$0.80
Q4 24
$-0.06
$0.88
Q3 24
$0.01
$0.88
Q2 24
$0.34
$0.87

Balance Sheet & Financial Strength

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

Metric
PI
PI
TCBK
TCBK
Cash + ST InvestmentsLiquidity on hand
$131.8M
$157.0M
Total DebtLower is stronger
$241.5M
Stockholders' EquityBook value
$1.3B
Total Assets
$502.5M
$9.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PI
PI
TCBK
TCBK
Q1 26
$131.8M
Q4 25
$175.3M
$157.0M
Q3 25
$190.1M
$298.8M
Q2 25
$193.2M
$314.3M
Q1 25
$147.9M
$308.3M
Q4 24
$164.7M
$145.0M
Q3 24
$170.3M
$320.1M
Q2 24
$220.2M
$206.6M
Total Debt
PI
PI
TCBK
TCBK
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
TCBK
TCBK
Q1 26
Q4 25
$209.2M
$1.3B
Q3 25
$195.0M
$1.3B
Q2 25
$187.7M
$1.3B
Q1 25
$160.6M
$1.3B
Q4 24
$149.9M
$1.2B
Q3 24
$136.1M
$1.2B
Q2 24
$117.0M
$1.2B
Total Assets
PI
PI
TCBK
TCBK
Q1 26
$502.5M
Q4 25
$545.2M
$9.8B
Q3 25
$516.5M
$9.9B
Q2 25
$508.8M
$9.9B
Q1 25
$479.8M
$9.8B
Q4 24
$489.1M
$9.7B
Q3 24
$476.4M
$9.8B
Q2 24
$446.1M
$9.7B
Debt / Equity
PI
PI
TCBK
TCBK
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
TCBK
TCBK
Operating Cash FlowLast quarter
$133.3M
Free Cash FlowOCF − Capex
$2.2M
$127.9M
FCF MarginFCF / Revenue
3.0%
116.9%
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
3.96×
TTM Free Cash FlowTrailing 4 quarters
$61.1M
$222.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PI
PI
TCBK
TCBK
Q1 26
Q4 25
$15.1M
$133.3M
Q3 25
$20.9M
$45.1M
Q2 25
$33.9M
$29.2M
Q1 25
$-11.1M
$24.5M
Q4 24
$12.6M
$109.7M
Q3 24
$10.1M
$28.6M
Q2 24
$45.5M
$31.8M
Free Cash Flow
PI
PI
TCBK
TCBK
Q1 26
$2.2M
Q4 25
$13.6M
$127.9M
Q3 25
$18.0M
$43.2M
Q2 25
$27.3M
$28.2M
Q1 25
$-13.0M
$22.8M
Q4 24
$8.5M
$105.2M
Q3 24
$4.7M
$27.3M
Q2 24
$44.1M
$30.8M
FCF Margin
PI
PI
TCBK
TCBK
Q1 26
3.0%
Q4 25
14.7%
116.9%
Q3 25
18.7%
40.2%
Q2 25
27.9%
27.2%
Q1 25
-17.5%
23.1%
Q4 24
9.3%
104.8%
Q3 24
4.9%
27.6%
Q2 24
43.0%
31.5%
Capex Intensity
PI
PI
TCBK
TCBK
Q1 26
Q4 25
1.6%
4.9%
Q3 25
3.1%
1.7%
Q2 25
6.7%
1.0%
Q1 25
2.5%
1.7%
Q4 24
4.5%
4.5%
Q3 24
5.7%
1.3%
Q2 24
1.3%
1.0%
Cash Conversion
PI
PI
TCBK
TCBK
Q1 26
Q4 25
3.96×
Q3 25
1.33×
Q2 25
2.93×
1.06×
Q1 25
0.93×
Q4 24
3.78×
Q3 24
45.56×
0.98×
Q2 24
4.56×
1.10×

Financial Flow Comparison

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

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