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Side-by-side financial comparison of IMPINJ INC (PI) and UP Fintech Holding Ltd (TIGR). Click either name above to swap in a different company.

UP Fintech Holding Ltd is the larger business by last-quarter revenue ($107.6M vs $74.3M, roughly 1.4× IMPINJ INC). UP Fintech Holding Ltd runs the higher net margin — 28.4% vs 11.2%, a 17.2% gap on every dollar of revenue.

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 ...

UP Fintech Holding Limited, operating under the Tiger Brokers brand, provides online financial services for global Chinese investors. It offers cross-market stock trading (US, Hong Kong, mainland China A-shares), fund management, margin financing and investor education for retail and institutional clients.

PI vs TIGR — Head-to-Head

Bigger by revenue
TIGR
TIGR
1.4× larger
TIGR
$107.6M
$74.3M
PI
Higher net margin
TIGR
TIGR
17.2% more per $
TIGR
28.4%
11.2%
PI

Income Statement — Q1 FY2026 vs Q1 FY2025

Metric
PI
PI
TIGR
TIGR
Revenue
$74.3M
$107.6M
Net Profit
$8.3M
$30.6M
Gross Margin
49.1%
Operating Margin
30.5%
Net Margin
11.2%
28.4%
Revenue YoY
-0.0%
Net Profit YoY
EPS (diluted)
$0.14
$0.01

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
TIGR
TIGR
Q1 26
$74.3M
Q4 25
$92.8M
Q3 25
$96.1M
Q2 25
$97.9M
Q1 25
$74.3M
$107.6M
Q4 24
$91.6M
Q3 24
$95.2M
Q2 24
$102.5M
$166.4M
Net Profit
PI
PI
TIGR
TIGR
Q1 26
$8.3M
Q4 25
$-1.1M
Q3 25
$-12.8M
Q2 25
$11.6M
Q1 25
$-8.5M
$30.6M
Q4 24
$-2.7M
Q3 24
$221.0K
Q2 24
$10.0M
$15.2M
Gross Margin
PI
PI
TIGR
TIGR
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
TIGR
TIGR
Q1 26
30.5%
Q4 25
-2.9%
Q3 25
0.7%
Q2 25
11.1%
Q1 25
-12.9%
Q4 24
-3.9%
Q3 24
-0.8%
Q2 24
8.8%
14.0%
Net Margin
PI
PI
TIGR
TIGR
Q1 26
11.2%
Q4 25
-1.2%
Q3 25
-13.3%
Q2 25
11.8%
Q1 25
-11.4%
28.4%
Q4 24
-2.9%
Q3 24
0.2%
Q2 24
9.7%
9.1%
EPS (diluted)
PI
PI
TIGR
TIGR
Q1 26
$0.14
Q4 25
$-0.02
Q3 25
$-0.44
Q2 25
$0.39
Q1 25
$-0.30
$0.01
Q4 24
$-0.06
Q3 24
$0.01
Q2 24
$0.34
$0.01

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PI
PI
TIGR
TIGR
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
$392.5M
Total Debt
PI
PI
TIGR
TIGR
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
TIGR
TIGR
Q1 26
Q4 25
$209.2M
Q3 25
$195.0M
Q2 25
$187.7M
Q1 25
$160.6M
Q4 24
$149.9M
Q3 24
$136.1M
Q2 24
$117.0M
$501.2M
Total Assets
PI
PI
TIGR
TIGR
Q1 26
$502.5M
Q4 25
$545.2M
Q3 25
$516.5M
Q2 25
$508.8M
Q1 25
$479.8M
Q4 24
$489.1M
Q3 24
$476.4M
Q2 24
$446.1M
$4.8B
Debt / Equity
PI
PI
TIGR
TIGR
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
TIGR
TIGR
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$2.2M
FCF MarginFCF / Revenue
3.0%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$61.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PI
PI
TIGR
TIGR
Q1 26
Q4 25
$15.1M
Q3 25
$20.9M
Q2 25
$33.9M
Q1 25
$-11.1M
Q4 24
$12.6M
Q3 24
$10.1M
Q2 24
$45.5M
$155.1M
Free Cash Flow
PI
PI
TIGR
TIGR
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
$153.8M
FCF Margin
PI
PI
TIGR
TIGR
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%
92.4%
Capex Intensity
PI
PI
TIGR
TIGR
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%
0.8%
Cash Conversion
PI
PI
TIGR
TIGR
Q1 26
Q4 25
Q3 25
Q2 25
2.93×
Q1 25
Q4 24
Q3 24
45.56×
Q2 24
4.56×
10.20×

Financial Flow Comparison

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

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