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Side-by-side financial comparison of IMPINJ INC (PI) and VIEMED HEALTHCARE, INC. (VMD). Click either name above to swap in a different company.

VIEMED HEALTHCARE, INC. is the larger business by last-quarter revenue ($76.2M vs $74.3M, roughly 1.0× IMPINJ INC). IMPINJ INC runs the higher net margin — 11.2% vs 7.4%, a 3.8% gap on every dollar of revenue. On growth, VIEMED HEALTHCARE, INC. posted the faster year-over-year revenue change (25.5% vs -0.0%). VIEMED HEALTHCARE, INC. produced more free cash flow last quarter ($9.7M vs $2.2M). Over the past eight quarters, VIEMED HEALTHCARE, INC.'s revenue compounded faster (22.7% 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 ...

Viemed Healthcare, Inc. is a medical technology firm specializing in respiratory care solutions. It develops, manufactures and distributes portable ventilators, respiratory therapy devices and related support services, catering to acute care, post-acute care and home care segments across North America, Europe and key Asia-Pacific markets for patients with respiratory conditions.

PI vs VMD — Head-to-Head

Bigger by revenue
VMD
VMD
1.0× larger
VMD
$76.2M
$74.3M
PI
Growing faster (revenue YoY)
VMD
VMD
+25.6% gap
VMD
25.5%
-0.0%
PI
Higher net margin
PI
PI
3.8% more per $
PI
11.2%
7.4%
VMD
More free cash flow
VMD
VMD
$7.5M more FCF
VMD
$9.7M
$2.2M
PI
Faster 2-yr revenue CAGR
VMD
VMD
Annualised
VMD
22.7%
-14.9%
PI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PI
PI
VMD
VMD
Revenue
$74.3M
$76.2M
Net Profit
$8.3M
$5.6M
Gross Margin
49.1%
57.9%
Operating Margin
30.5%
11.0%
Net Margin
11.2%
7.4%
Revenue YoY
-0.0%
25.5%
Net Profit YoY
30.7%
EPS (diluted)
$0.14
$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
VMD
VMD
Q1 26
$74.3M
Q4 25
$92.8M
$76.2M
Q3 25
$96.1M
$71.9M
Q2 25
$97.9M
$63.1M
Q1 25
$74.3M
$59.1M
Q4 24
$91.6M
$60.7M
Q3 24
$95.2M
$58.0M
Q2 24
$102.5M
$55.0M
Net Profit
PI
PI
VMD
VMD
Q1 26
$8.3M
Q4 25
$-1.1M
$5.6M
Q3 25
$-12.8M
$3.5M
Q2 25
$11.6M
$3.2M
Q1 25
$-8.5M
$2.6M
Q4 24
$-2.7M
$4.3M
Q3 24
$221.0K
$3.9M
Q2 24
$10.0M
$1.5M
Gross Margin
PI
PI
VMD
VMD
Q1 26
49.1%
Q4 25
51.8%
57.9%
Q3 25
50.3%
57.5%
Q2 25
57.8%
58.3%
Q1 25
49.4%
56.3%
Q4 24
50.5%
59.5%
Q3 24
50.0%
59.3%
Q2 24
56.1%
59.8%
Operating Margin
PI
PI
VMD
VMD
Q1 26
30.5%
Q4 25
-2.9%
11.0%
Q3 25
0.7%
7.8%
Q2 25
11.1%
8.1%
Q1 25
-12.9%
6.5%
Q4 24
-3.9%
10.6%
Q3 24
-0.8%
9.7%
Q2 24
8.8%
6.6%
Net Margin
PI
PI
VMD
VMD
Q1 26
11.2%
Q4 25
-1.2%
7.4%
Q3 25
-13.3%
4.9%
Q2 25
11.8%
5.0%
Q1 25
-11.4%
4.4%
Q4 24
-2.9%
7.1%
Q3 24
0.2%
6.7%
Q2 24
9.7%
2.7%
EPS (diluted)
PI
PI
VMD
VMD
Q1 26
$0.14
Q4 25
$-0.02
$0.14
Q3 25
$-0.44
$0.09
Q2 25
$0.39
$0.08
Q1 25
$-0.30
$0.06
Q4 24
$-0.06
$0.10
Q3 24
$0.01
$0.10
Q2 24
$0.34
$0.04

Balance Sheet & Financial Strength

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

Metric
PI
PI
VMD
VMD
Cash + ST InvestmentsLiquidity on hand
$131.8M
$13.5M
Total DebtLower is stronger
$241.5M
Stockholders' EquityBook value
$141.5M
Total Assets
$502.5M
$199.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PI
PI
VMD
VMD
Q1 26
$131.8M
Q4 25
$175.3M
$13.5M
Q3 25
$190.1M
$11.1M
Q2 25
$193.2M
$20.0M
Q1 25
$147.9M
$10.2M
Q4 24
$164.7M
$17.5M
Q3 24
$170.3M
$11.3M
Q2 24
$220.2M
$8.8M
Total Debt
PI
PI
VMD
VMD
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
VMD
VMD
Q1 26
Q4 25
$209.2M
$141.5M
Q3 25
$195.0M
$133.6M
Q2 25
$187.7M
$139.7M
Q1 25
$160.6M
$134.8M
Q4 24
$149.9M
$131.4M
Q3 24
$136.1M
$125.0M
Q2 24
$117.0M
$119.4M
Total Assets
PI
PI
VMD
VMD
Q1 26
$502.5M
Q4 25
$545.2M
$199.2M
Q3 25
$516.5M
$202.4M
Q2 25
$508.8M
$184.6M
Q1 25
$479.8M
$178.1M
Q4 24
$489.1M
$177.1M
Q3 24
$476.4M
$169.5M
Q2 24
$446.1M
$163.9M
Debt / Equity
PI
PI
VMD
VMD
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
VMD
VMD
Operating Cash FlowLast quarter
$18.4M
Free Cash FlowOCF − Capex
$2.2M
$9.7M
FCF MarginFCF / Revenue
3.0%
12.7%
Capex IntensityCapex / Revenue
11.5%
Cash ConversionOCF / Net Profit
3.27×
TTM Free Cash FlowTrailing 4 quarters
$61.1M
$11.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PI
PI
VMD
VMD
Q1 26
Q4 25
$15.1M
$18.4M
Q3 25
$20.9M
$18.4M
Q2 25
$33.9M
$12.3M
Q1 25
$-11.1M
$2.9M
Q4 24
$12.6M
$15.0M
Q3 24
$10.1M
$12.7M
Q2 24
$45.5M
$10.2M
Free Cash Flow
PI
PI
VMD
VMD
Q1 26
$2.2M
Q4 25
$13.6M
$9.7M
Q3 25
$18.0M
$10.7M
Q2 25
$27.3M
$4.1M
Q1 25
$-13.0M
$-12.6M
Q4 24
$8.5M
$3.2M
Q3 24
$4.7M
$1.7M
Q2 24
$44.1M
$1.2M
FCF Margin
PI
PI
VMD
VMD
Q1 26
3.0%
Q4 25
14.7%
12.7%
Q3 25
18.7%
14.9%
Q2 25
27.9%
6.5%
Q1 25
-17.5%
-21.4%
Q4 24
9.3%
5.2%
Q3 24
4.9%
3.0%
Q2 24
43.0%
2.3%
Capex Intensity
PI
PI
VMD
VMD
Q1 26
Q4 25
1.6%
11.5%
Q3 25
3.1%
10.6%
Q2 25
6.7%
12.9%
Q1 25
2.5%
26.2%
Q4 24
4.5%
19.5%
Q3 24
5.7%
19.0%
Q2 24
1.3%
16.3%
Cash Conversion
PI
PI
VMD
VMD
Q1 26
Q4 25
3.27×
Q3 25
5.23×
Q2 25
2.93×
3.88×
Q1 25
1.09×
Q4 24
3.47×
Q3 24
45.56×
3.29×
Q2 24
4.56×
6.94×

Financial Flow Comparison

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

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