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Impinj, Inc.

PITechnologyNASDAQ

Semiconductors · Last scanned May 29, 2026

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Financials · Annual
Revenue
$361.1M
-1.4% YoY
Net Income
-$10.8M
-126.6% YoY
EBITDA
$7.2M
-87.6% YoY
Free Cash Flow
$55.5M

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About Impinj, Inc.

Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. At a $4.78B market cap, Impinj, Inc. ranks as a mid-cap company within technology. Its platform wirelessly connects items and delivers data about the connected items to business and consumer applications.

Key stats
Market Cap$4.78B
Fwd P/E55.65
EPS$-0.89
Beta1.93
52W Change+37.5%
ROE-15.2%
Analysis

Impinj, Inc. carries $265.1M in total debt against $131.8M in cash reserves — debt is roughly 2.0x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow comes in at $55.5M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at -15.2%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has grown from $257.8M (2022) to $361.1M (2025), reflecting a 40% increase over the period.

Impinj, Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Impinj, Inc. and its sector.

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