The financials
Impinj, Inc. by the numbers
Impinj, Inc. (PI) reported revenue of $74M in Q1 2026 (quarter ended March 31, 2026), down 0.0% from the same quarter a year earlier. That came with a gross margin of 49% and net loss of $25M. For the full year FY2025, revenue was $361M (−1.4% year on year) and net income −$11M. Its largest product in 2026-Q1 was Endpoint I Cs at $63M, 85% of the disclosed total, just ahead of Systems at 15%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $74M | $74M | −0.0% |
| Gross profit | $36M | $37M | −0.6% |
| Operating income | −$15M | −$9.6M | n/a |
| Net income | −$25M | −$8.5M | n/a |
| Diluted EPS | −$0.83 | −$0.30 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Endpoint I Cs | $63M | 85% |
| Systems | $11M | 15% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $74.3M (-23%)
Endpoint I Cs grew +3.3% year on yearSystems -15% year on year
Segment Latestquarter on quarteryear on year
- Endpoint I Cs$63.2M$63.2MQoQ -20%year on year +3.3%-20%+3.3%
- Systems$11.0M$11.0MQoQ -36%year on year -15%-36%-15%