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Side-by-side financial comparison of IMPINJ INC (PI) and TRUSTCO BANK CORP N Y (TRST). Click either name above to swap in a different company.

IMPINJ INC is the larger business by last-quarter revenue ($74.3M vs $49.5M, roughly 1.5× TRUSTCO BANK CORP N Y). TRUSTCO BANK CORP N Y runs the higher net margin — 32.9% vs 11.2%, a 21.7% gap on every dollar of revenue. Over the past eight quarters, TRUSTCO BANK CORP N Y's revenue compounded faster (6.8% 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 ...

TRUSTCO BANK CORP N Y is a regional U.S. financial holding company that provides a full suite of retail and commercial banking products and services, including personal deposit accounts, mortgage loans, small business financing, and wealth management solutions. It primarily operates across New York, Florida, and several other U.S. states, serving individual consumers and small business client segments.

PI vs TRST — Head-to-Head

Bigger by revenue
PI
PI
1.5× larger
PI
$74.3M
$49.5M
TRST
Higher net margin
TRST
TRST
21.7% more per $
TRST
32.9%
11.2%
PI
Faster 2-yr revenue CAGR
TRST
TRST
Annualised
TRST
6.8%
-14.9%
PI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
PI
PI
TRST
TRST
Revenue
$74.3M
$49.5M
Net Profit
$8.3M
$16.3M
Gross Margin
49.1%
Operating Margin
30.5%
Net Margin
11.2%
32.9%
Revenue YoY
-0.0%
Net Profit YoY
14.1%
EPS (diluted)
$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
PI
PI
TRST
TRST
Q1 26
$74.3M
$49.5M
Q4 25
$92.8M
$48.2M
Q3 25
$96.1M
$47.8M
Q2 25
$97.9M
$46.6M
Q1 25
$74.3M
$45.3M
Q4 24
$91.6M
$43.3M
Q3 24
$95.2M
$43.6M
Q2 24
$102.5M
$43.4M
Net Profit
PI
PI
TRST
TRST
Q1 26
$8.3M
$16.3M
Q4 25
$-1.1M
$15.6M
Q3 25
$-12.8M
$16.3M
Q2 25
$11.6M
$15.0M
Q1 25
$-8.5M
$14.3M
Q4 24
$-2.7M
$11.3M
Q3 24
$221.0K
$12.9M
Q2 24
$10.0M
$12.6M
Gross Margin
PI
PI
TRST
TRST
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
TRST
TRST
Q1 26
30.5%
Q4 25
-2.9%
43.7%
Q3 25
0.7%
44.6%
Q2 25
11.1%
42.3%
Q1 25
-12.9%
41.3%
Q4 24
-3.9%
34.0%
Q3 24
-0.8%
38.8%
Q2 24
8.8%
37.9%
Net Margin
PI
PI
TRST
TRST
Q1 26
11.2%
32.9%
Q4 25
-1.2%
32.3%
Q3 25
-13.3%
34.0%
Q2 25
11.8%
32.3%
Q1 25
-11.4%
31.5%
Q4 24
-2.9%
26.0%
Q3 24
0.2%
29.5%
Q2 24
9.7%
28.9%
EPS (diluted)
PI
PI
TRST
TRST
Q1 26
$0.14
Q4 25
$-0.02
$0.85
Q3 25
$-0.44
$0.86
Q2 25
$0.39
$0.79
Q1 25
$-0.30
$0.75
Q4 24
$-0.06
$0.59
Q3 24
$0.01
$0.68
Q2 24
$0.34
$0.66

Balance Sheet & Financial Strength

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

Metric
PI
PI
TRST
TRST
Cash + ST InvestmentsLiquidity on hand
$131.8M
Total DebtLower is stronger
$241.5M
$112.9M
Stockholders' EquityBook value
$670.9M
Total Assets
$502.5M
$6.5B
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PI
PI
TRST
TRST
Q1 26
$131.8M
Q4 25
$175.3M
$730.4M
Q3 25
$190.1M
$695.6M
Q2 25
$193.2M
$713.6M
Q1 25
$147.9M
$756.1M
Q4 24
$164.7M
$641.8M
Q3 24
$170.3M
$523.0M
Q2 24
$220.2M
$536.1M
Total Debt
PI
PI
TRST
TRST
Q1 26
$241.5M
$112.9M
Q4 25
$280.9M
Q3 25
$280.4M
Q2 25
Q1 25
Q4 24
$283.5M
Q3 24
Q2 24
Stockholders' Equity
PI
PI
TRST
TRST
Q1 26
$670.9M
Q4 25
$209.2M
$686.6M
Q3 25
$195.0M
$692.0M
Q2 25
$187.7M
$692.8M
Q1 25
$160.6M
$687.8M
Q4 24
$149.9M
$676.3M
Q3 24
$136.1M
$669.0M
Q2 24
$117.0M
$655.2M
Total Assets
PI
PI
TRST
TRST
Q1 26
$502.5M
$6.5B
Q4 25
$545.2M
$6.4B
Q3 25
$516.5M
$6.3B
Q2 25
$508.8M
$6.3B
Q1 25
$479.8M
$6.3B
Q4 24
$489.1M
$6.2B
Q3 24
$476.4M
$6.1B
Q2 24
$446.1M
$6.1B
Debt / Equity
PI
PI
TRST
TRST
Q1 26
0.17×
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
TRST
TRST
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
TRST
TRST
Q1 26
Q4 25
$15.1M
$57.6M
Q3 25
$20.9M
$12.8M
Q2 25
$33.9M
$27.1M
Q1 25
$-11.1M
$1.3M
Q4 24
$12.6M
$59.4M
Q3 24
$10.1M
$16.5M
Q2 24
$45.5M
$18.7M
Free Cash Flow
PI
PI
TRST
TRST
Q1 26
$2.2M
Q4 25
$13.6M
$45.7M
Q3 25
$18.0M
$10.0M
Q2 25
$27.3M
$24.9M
Q1 25
$-13.0M
$-3.3M
Q4 24
$8.5M
$54.6M
Q3 24
$4.7M
$15.6M
Q2 24
$44.1M
$17.6M
FCF Margin
PI
PI
TRST
TRST
Q1 26
3.0%
Q4 25
14.7%
95.0%
Q3 25
18.7%
20.9%
Q2 25
27.9%
53.5%
Q1 25
-17.5%
-7.2%
Q4 24
9.3%
126.0%
Q3 24
4.9%
35.7%
Q2 24
43.0%
40.5%
Capex Intensity
PI
PI
TRST
TRST
Q1 26
Q4 25
1.6%
24.6%
Q3 25
3.1%
5.9%
Q2 25
6.7%
4.5%
Q1 25
2.5%
10.0%
Q4 24
4.5%
11.3%
Q3 24
5.7%
2.1%
Q2 24
1.3%
2.6%
Cash Conversion
PI
PI
TRST
TRST
Q1 26
Q4 25
3.70×
Q3 25
0.79×
Q2 25
2.93×
1.80×
Q1 25
0.09×
Q4 24
5.27×
Q3 24
45.56×
1.28×
Q2 24
4.56×
1.49×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PI
PI

Segment breakdown not available.

TRST
TRST

Net Interest Income$44.7M90%
Noninterest Income$4.8M10%

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