Impinj (PI) Balance Sheet: Assets & Liabilities

Impinj (PI) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Impinj reported total assets of $545.19M and total liabilities of $335.95M. Shareholders' equity was $209.23M, up 39.6% from $149.86M a year earlier. Total debt stood at $326.73M against $175.34M in cash and short-term investments, a net debt position of $151.40M. That puts debt-to-equity at 1.56, compared with 1.99 a year earlier.

Impinj Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Impinj, Inc. (PI) - 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
Current Assets
Cash and Cash Equivalents	48.21	46.05	94.79	19.60	123.90	23.64	66.90	17.53	19.29
Short-Term Investments	127.13	118.66	18.44	154.15	69.44	82.45	49.60	38.54	38.83
Cash & Short-Term Investments	175.34	164.71	113.23	173.75	193.35	106.09	116.50	56.07	58.12
Accounts Receivable	70.79	56.80	54.92	50.00	35.45	25.00	23.74	18.46	22.24
Inventory	84.96	99.35	97.17	46.40	21.96	36.33	34.15	44.73	47.08
Other Current Assets	8.14	5.54	4.37	5.03	5.05	3.94	2.39	3.91	2.36
Total Current Assets	339.22	326.40	269.70	275.17	255.80	171.36	176.77	121.21	129.80
Non-Current Assets
Property, Plant & Equipment (Net)	71.19	57.75	54.63	49.52	39.17	30.29	33.94	19.78	18.11
Long-Term Investments	103.77	74.87	0.00	19.20	14.23	0.00	0.00	0.00	0.00
Goodwill	20.72	18.72	19.70	3.88	3.88	3.88	3.88	3.88	3.88
Intangible Assets	9.50	10.29	13.91	0.00	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	0.80	1.05	1.48	1.97	2.46	2.08	0.45	0.20	0.24
Total Non-Current Assets	205.97	162.68	89.71	74.57	59.74	36.25	38.28	23.86	22.23
Total Assets	545.19	489.08	359.41	349.74	315.54	207.62	215.05	145.07	152.03
Current Liabilities
Accounts Payable	13.61	17.25	8.66	25.02	11.73	10.14	5.60	4.64	4.67
Short-Term Debt	97.52	287.08	3.37	3.12	17.92	3.64	3.47	6.45	5.96
Current Portion of Long-Term Debt	96.75	283.49	-	-	9.63	-	-	-	-
Accrued Liabilities	13.60	24.99	8.61	11.97	9.44	-	-	-	-
Deferred Revenue	1.79	1.85	1.71	2.25	0.56	6.81	0.55	0.65	0.71
Other Current Liabilities	13.60	24.99	17.13	11.97	5.29	7.00	9.87	11.28	8.58
Total Current Liabilities	126.53	331.18	30.88	42.37	35.50	27.59	19.50	23.03	19.92
Non-Current Liabilities
Long-Term Debt	229.21	11.44	291.22	291.31	290.60	69.82	69.78	17.89	6.25
Deferred Tax Liabilities	2.06	2.20	2.91	0.12	0.00	0.00	0.00	5.29	5.89
Other Non-Current Liabilities	-22.54	-5.72	0.00	0.47	0.28	0.81	0.31	6.09	6.42
Total Non-Current Liabilities	209.43	8.04	294.40	291.78	291.11	70.90	70.31	24.16	13.17
Total Liabilities	335.96	339.22	325.28	334.15	326.61	98.50	89.81	47.19	33.09
Stockholders' Equity
Common Stock	0.03	0.03	0.03	0.03	0.03	0.02	0.02	0.02	0.02
Retained Earnings	-400.16	-389.31	-430.15	-386.79	-362.48	-314.67	-262.74	-239.76	-204.53
Accumulated Other Comprehensive Income	2.51	-1.94	0.36	-1.25	-0.04	0.00	0.03	-0.01	-0.04
Additional Paid-in Capital	606.85	541.09	463.90	403.60	351.42	423.76	387.93	337.63	323.48
Shares Outstanding	30.22	28.50	27.17	26.10	-	-	-	-	-
Total Stockholders' Equity	209.23	149.86	34.13	15.59	-11.08	109.12	125.24	97.88	118.94
Total Liabilities & Equity	545.19	489.08	359.41	349.74	315.54	207.62	215.05	145.07	152.03

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

Frequently Asked Questions About Impinj Balance Sheet

How much debt does Impinj have?

Impinj had total debt of $326.73M as of Dec 31, 2025, against $175.34M in cash and short-term investments. Its debt-to-equity ratio was 1.56. Total debt was $298.52M a year earlier.

What are Impinj's total assets?

Impinj reported total assets of $545.19M as of Dec 31, 2025, up 11.5% from $489.08M a year earlier. Total liabilities were $335.95M.

What is Impinj's shareholders' equity?

Impinj's shareholders' equity was $209.23M as of Dec 31, 2025, or about $6.92 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition