Company research
IMPINJ INC
CIK 1114995Updated Sep 24, 2026
SecurityPI · NASDAQ · equity
Name history
IMPINJ INC · through Sep 21, 2026
PI price & chart
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NASDAQ:PI on TradingView ↗About the company
Impinj (Nasdaq: PI) delivers Physical Intelligence (PI), connecting the physical world to the AI-powered digital world to fuel smarter automated workflows and improve consumer experiences. From retail merchandise and groceries to packages and shipping pallets, Impinj products and solutions identify and track tens of billions of everyday items, providing real-time insights that enable businesses to visualize everything, waste nothing, and act instantly.
In the news
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Recent filings
4 filing
144 filing
Other Events
Items 8.01, 9.01
4 filing
144 filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 545,186,000Source | 489,080,000Source | 359,409,000Source | 349,737,000Source |
| Property, Plant and Equipment, NetUSD | 50,290,000Source | 50,610,000Source | 44,891,000Source | 39,027,000Source |
| GoodwillUSD | 20,721,000Source | 18,723,000Source | 19,696,000Source | — |
| Intangible Assets, Net (Excluding Goodwill)USD | 9,501,000Source | 10,291,000Source | 13,913,000Source | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 48,206,000Source | 46,053,000Source | 94,793,000Source | 19,597,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 70,785,000Source | 56,802,000Source | 54,919,000Source | 49,996,000Source |
| Inventory, NetUSD | 84,961,000Source | 99,346,000Source | 97,172,000Source | 46,397,000Source |
| Assets, CurrentUSD | 339,217,000Source | 326,398,000Source | 269,696,000Source | 275,170,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 8,135,000Source | 5,536,000Source | 4,372,000Source | 5,032,000Source |
| Operating Lease, Right-of-Use AssetUSD | 20,896,000Source | 7,142,000Source | 9,735,000Source | 10,490,000Source |
| Other Assets, NoncurrentUSD | 795,000Source | 1,045,000Source | 1,478,000Source | 1,969,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 335,955,000Source | 339,216,000Source | 325,278,000Source | 334,146,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 30,000Source | 29,000Source | 27,000Source | 26,000Source |
| Retained Earnings (Accumulated Deficit)USD | -400,160,000Source | -389,313,000Source | -430,151,000Source | -386,785,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 2,509,000Source | -1,942,000Source | 355,000Source | -1,249,000Source |
| Stockholders' Equity Attributable to ParentUSD | 209,231,000Source | 149,864,000Source | 34,131,000Source | 15,591,000Source |
| Additional Paid in Capital, Common StockUSD | 606,852,000Source | 541,090,000Source | 463,900,000Source | 403,599,000Source |
| Liabilities and EquityUSD | 545,186,000Source | 489,080,000Source | 359,409,000Source | 349,737,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 126,526,000Source | 331,177,000Source | 30,880,000Source | 42,369,000Source |
| Operating Lease, Liability, CurrentUSD | 776,000Source | 3,589,000Source | 3,373,000Source | 3,122,000Source |
| Accounts Payable, CurrentUSD | 13,614,000Source | 17,254,000Source | 8,661,000Source | 25,024,000Source |
| Operating Lease, Liability, NoncurrentUSD | 22,536,000Source | 5,719,000Source | 9,360,000Source | 11,066,000Source |
| Deferred Income Tax Liabilities, NetUSD | 2,062,000Source | 2,200,000Source | 2,911,000Source | — |
| Other Liabilities, NoncurrentUSD | — | — | — | 118,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 2,062,000Source | 2,200,000Source | 2,911,000Source | 119,000Source |
| Long-term Debt, Current MaturitiesUSD | 96,745,000Source | 283,493,000Source | — | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 184,141,000Source | — | 281,855,000Source | 280,244,000Source |
| Short-term InvestmentsUSD | 127,130,000Source | 118,661,000Source | 18,440,000Source | 154,148,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -10,847,000Source | 40,838,000Source | — | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 15,040,000Source | 13,588,000Source | 13,623,000Source | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 55,263,000Source | 56,546,000Source | 47,986,000Source | 42,443,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 13,726,000Source | 1,999,000Source | 3,713,000Source | 14,547,000Source |
| Increase (Decrease) in InventoriesUSD | -14,488,000Source | 2,220,000Source | 49,577,000Source | 24,439,000Source |
| Increase (Decrease) in Accounts PayableUSD | -3,376,000Source | 9,270,000Source | -12,303,000Source | 7,371,000Source |
| Deferred Income Tax Expense (Benefit)USD | -396,000Source | -567,000Source | -931,000Source | 6,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 58,746,000Source | 128,310,000Source | -49,382,000Source | 641,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | 23,357,000Source | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -48,015,000Source | -192,570,000Source | 115,808,000Source | -102,799,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 12,861,000Source | 17,112,000Source | 18,592,000Source | 12,079,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 3,171,000Source | — | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -8,928,000Source | 15,679,000Source | 8,736,000Source | -2,148,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 2,153,000Source | -48,740,000Source | 75,196,000Source | -104,306,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 2,837,000Source | 3,234,000Source | 3,234,000Source | 3,420,000Source |
| Income Taxes Paid, NetUSD | 633,000Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 55,263,000Source | 56,546,000Source | 47,986,000Source | 42,443,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 1,797,000Source | 1,638,000Source | 1,611,000Source | 1,601,000Source |
| Amortization of Intangible AssetsUSD | 2,077,000Source | 2,902,000Source | 4,953,000Source | — |
| DepreciationUSD | 13,000,000Source | 10,700,000Source | 8,700,000Source | 6,044,000Source |
| Gain (Loss) on Disposition of AssetsUSD | — | — | — | -57,000Source |
| Gain (Loss) Related to Litigation SettlementUSD | 0Source | 45,000,000Source | — | — |
| General and Administrative ExpenseUSD | 49,192,000Source | 51,802,000Source | 60,828,000Source | 45,465,000Source |
| GoodwillUSD | 20,721,000Source | 18,723,000Source | 19,696,000Source | — |
| Income Tax Expense (Benefit)USD | -69,000Source | 157,000Source | -322,000Source | 184,000Source |
| Induced Conversion of Convertible Debt ExpenseUSD | 15,026,000Source | — | — | 2,232,000Source |
| Net Income (Loss) Attributable to ParentUSD | -10,847,000Source | 40,838,000Source | -43,366,000Source | -24,301,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | 40,838,000Source | — | — |
| Operating ExpensesUSD | 190,414,000Source | 195,924,000Source | 195,466,000Source | 157,363,000Source |
| Other Nonoperating Income (Expense)USD | 9,214,000Source | 7,937,000Source | 4,644,000Source | 2,517,000Source |
| Payments to Acquire InvestmentsUSD | 202,771,000Source | 202,063,000Source | — | 205,749,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 361,075,000Source | 366,087,000Source | 307,539,000Source | 257,800,000Source |
| Cost of RevenueUSD | 171,398,000Source | 177,232,000Source | 155,557,000Source | 119,916,000Source |
| Operating Income (Loss)USD | -737,000Source | -7,069,000Source | -43,484,000Source | -19,479,000Source |
| Other Nonoperating Income (Expense)USD | 9,214,000Source | 7,937,000Source | 4,644,000Source | 2,517,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -10,916,000Source | 40,995,000Source | -43,688,000Source | -24,117,000Source |
| Income Tax Expense (Benefit)USD | -69,000Source | 157,000Source | -322,000Source | 184,000Source |
| Net Income (Loss) Attributable to ParentUSD | -10,847,000Source | 40,838,000Source | -43,366,000Source | -24,301,000Source |
| Earnings Per Share, BasicUSD per share | -0.37Source | 1.46Source | -1.62Source | -0.95Source |
| Earnings Per Share, DilutedUSD per share | -0.37Source | 1.39Source | -1.62Source | -0.95Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 29,283,000Source | 27,953,000Source | 26,752,000Source | 25,539,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 29,283,000Source | 29,471,000Source | 26,752,000Source | 25,539,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 2,077,000Source | 2,902,000Source | 4,953,000Source | — |
| Current Income Tax Expense (Benefit)USD | 327,000Source | 724,000Source | 609,000Source | 178,000Source |
| Gain (Loss) Related to Litigation SettlementUSD | 0Source | 45,000,000Source | — | — |
| General and Administrative ExpenseUSD | 49,192,000Source | 51,802,000Source | 60,828,000Source | 45,465,000Source |
| Gross ProfitUSD | 189,677,000Source | 188,855,000Source | 151,982,000Source | 137,884,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -9,263,000Source | 41,729,000Source | -40,349,000Source | -24,508,000Source |
| Interest ExpenseUSD | 4,367,000Source | 4,873,000Source | 4,848,000Source | 4,923,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | 40,838,000Source | — | — |
| Operating ExpensesUSD | 190,414,000Source | 195,924,000Source | 195,466,000Source | 157,363,000Source |
| Research and Development ExpenseUSD | 102,615,000Source | 98,829,000Source | 88,562,000Source | 74,106,000Source |
| Restructuring and Related Cost, Incurred CostUSD | — | 1,812,000Source | 0Source | — |
| Selling and Marketing ExpenseUSD | 36,530,000Source | 40,579,000Source | 41,123,000Source | 37,894,000Source |
Filing attachments
pi-ex99_1.htm · 8-K · 2026-09-11
EX-99.1 2 pi-ex99_1.htm EX-99.1 EX-99.1 Impinj Announces Exchange of 1.125% Convertible Senior Notes due 2027 SEATTLE, September 10, 2026 - Impinj, Inc. (Nasdaq: PI), a leading RAIN RFID provider and Internet of Things pioneer, today announced that it entered into privately-negotiated exchange agreements with certain holders of its outstanding 1.125% Convertible Senior Notes due 2027 (the “2027 Notes”) in which Impinj agreed to exchange approximately $56.5 million in cash and approximately…
Read attachment ↗pi-ex99_1.htm · 8-K · 2026-07-29
EX-99.1 2 pi-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Impinj Reports Second Quarter 2026 Financial Results SEATTLE, WA, July 29, 2026 - Impinj, Inc. (Nasdaq: PI), a leading RAIN RFID provider and Internet of Things pioneer, today released its financial results for the second quarter ended June 30, 2026. “Our second-quarter results were strong, with revenue, adjusted EBITDA and non-GAAP earnings-per-share setting new quarterly records,” said Chris Diorio, Impinj co-founder and CEO. “Althou…
Read attachment ↗pi-ex99_1.htm · 8-K · 2026-04-29
EX-99.1 2 pi-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Impinj Reports First Quarter 2026 Financial Results SEATTLE, WA, April 29, 2026 - Impinj, Inc. (Nasdaq: PI), a leading RAIN RFID provider and Internet of Things pioneer, today released its financial results for the first quarter ended March 31, 2026. “Our first-quarter results were solid, with revenue and adjusted EBITDA exceeding the top end of our guide range,” said Chris Diorio, Impinj co-founder and CEO. “Endpoint IC bookings hit a…
Read attachment ↗pi-ex99_1.htm · 8-K · 2026-03-16
EX-99.1 2 pi-ex99_1.htm EX-99.1 EX-99.1 Impinj Announces Partial Repurchase of 1.125% Convertible Notes due 2027 SEATTLE, March 16, 2026 - Impinj, Inc. (Nasdaq: PI), today announced that it entered into separate, privately negotiated repurchase agreements with certain holders of its 1.125% Convertible Notes due 2027 (the “Notes”) to repurchase for cash (the “Repurchases”) approximately $40.2 million aggregate principal amount of the Notes for a total repurchase cost (including accrued and …
Read attachment ↗pi-ex99_1.htm · 8-K · 2026-02-05
EX-99.1 2 pi-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Impinj Reports Fourth Quarter and Full Year 2025 Financial Results SEATTLE, WA, February 5, 2026 - Impinj, Inc. (Nasdaq: PI), a leading RAIN RFID provider and Internet of Things pioneer, today released its financial results for the fourth quarter and year ended December 31, 2025. “2025 was a transition year for Impinj. We grew year-over-year endpoint IC volumes, made M800 our volume runner, launched Gen2X and exited the year with recor…
Read attachment ↗pi-ex99_1.htm · 8-K · 2026-01-13
EX-99.1 2 pi-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Impinj Announces Preliminary Fourth-Quarter 2025 Revenue and Adjusted EBITDA Ahead of Participation at 28th Annual Needham Growth Conference SEATTLE, January 13, 2026 - Impinj, Inc. (Nasdaq: PI), a leading RAIN RFID provider and Internet of Things pioneer, today announced that it expects fourth-quarter 2025 revenue near the high end of its prior guidance of $90.0 to $93.0 million and adjusted EBITDA above the midpoint of its prior guida…
Read attachment ↗