Impinj (PI) Financial Statements & Analysis

Impinj (PI) Income Statement

Impinj reported revenue of $361.07M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 1.4% from $366.09M a year earlier. Impinj posted a net loss of $10.85M, compared with net income of $40.84M a year earlier. Gross margin was 52.0% and operating margin -0.2%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $108.37M, up 10.7% from the same quarter a year earlier.

Impinj Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Impinj, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	361.08	366.09	307.54	257.80	190.28	138.92	152.84	122.63	125.30
Cost of Revenue	173.48	177.23	155.56	119.92	91.33	73.78	78.83	64.35	60.36
Gross Profit	187.60	188.86	151.98	137.88	98.95	65.14	74.00	58.28	64.94
Operating Expenses
Research & Development	102.62	98.83	88.56	74.11	64.06	48.59	38.88	34.17	32.22
Selling, General & Administrative	85.72	90.40	98.68	83.36	70.42	58.26	56.78	55.23	49.74
Operating Expenses	188.34	195.92	195.47	157.36	136.20	112.21	95.66	93.15	81.96
Operating Income	-0.74	-7.07	-43.48	-19.48	-37.25	-47.07	-21.66	-34.87	-17.02
Other Income/Expense
Interest Income	0.00	45.00	0.00	0.00	0.03	0.00	0.00	0.00	0.00
Interest Expense	4.37	-4.87	4.85	4.92	-2.55	5.41	1.79	1.40	0.91
Other Income/Expense	-10.18	48.06	-0.20	-4.64	-13.86	-4.76	-1.13	-0.60	-0.40
Income
Income Before Tax	-10.92	41.00	-43.69	-24.12	-51.11	-51.83	-22.79	-35.46	-17.42
Income Tax Expense	-0.07	0.16	-0.32	0.18	0.15	0.09	0.20	-0.23	-0.10
Net Income	-10.85	40.84	-43.37	-24.30	-51.26	-51.92	-22.99	-35.23	-17.32
Net Income - Continuous Operations	-10.85	40.84	-43.37	-24.30	-51.26	-51.92	-22.99	-35.23	-17.32
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	8.49	10.32	-26.59	-13.54	-30.93	-37.21	-16.85	-26.59	-13.07
EBIT	-7.86	-3.27	-40.45	-20.80	-35.53	-	-	-	-
Depreciation & Amortization	15.04	13.59	13.62	6.04	4.60	4.50	4.81	4.53	3.95
Earnings Per Share
Basic EPS	-	1.00	-2.00	-1.00	-2.00	-2.00	-1.00	-2.00	-1.00
Diluted EPS	-	1.00	-2.00	-1.00	-2.00	-2.00	-1.00	-2.00	-1.00
Basic Shares Outstanding	29.28	27.95	26.75	25.54	24.18	22.82	21.85	21.33	20.68
Diluted Shares Outstanding	29.28	29.47	26.75	25.54	24.18	22.82	21.85	21.33	20.68

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Impinj Financial Statements

What was Impinj's revenue in fiscal 2025?

Impinj reported revenue of $361.07M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 1.4% from $366.09M a year earlier.

Is Impinj profitable?

No. Impinj reported a net loss of $10.85M in fiscal 2025. In fiscal 2024 it earned $40.84M.

What is Impinj's operating margin?

Impinj's operating income was −$737.00K on revenue of $361.07M in fiscal 2025, an operating margin of -0.2%, compared with -1.9% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition