PIImpinj, Inc.

$159.19

Is it safe?

Can PI take a bad year?

Impinj, Inc. carries $110M of net debt at 43.4× EBITDA: a heavy load to carry through a bad year.

$110M

Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
43.4×

Net debt / EBITDA · 44.6× a year ago · the load is coming down

Altman Z-score
7.41

Altman Z-score · safe zone, above 3

Interest cover
none

Interest cover · no operating profit to pay the interest bill from

Details
Total debtQ1 2026
$241M
Cash and short-term investments
$132M
Net debt
$110M
EBITDA, trailing twelve months
$2.5M
Operating profit, trailing twelve months
−$6.3M
Debt / equity
1.18×
Total debt / EBITDA
95.6×
Annualised volatilitytwo years of daily moves
72%
Worst drawdown on file
−81%
Below its 52-week high
−34%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.