Impinj Inc income statement
In fiscal 2025, Impinj Inc reported revenue of $361m, down 1.4% on the year before, operating income of −$737,000 (a -0.2% margin) and net income of −$10.8m, or −$0.37 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 64 | 78 | 112 | 125 | 123 | 153 | 139 | 190 | 258 | 308 | 366 | 361 | 388 |
| Cost of revenue | 30 | 38 | 53 | 60 | 64 | 79 | 74 | 91 | 120 | 156 | 177 | 171 | 180 |
| Gross profit | 34 | 41 | 59 | 65 | 58 | 74 | 65 | 99 | 138 | 152 | 189 | 190 | 207 |
| Research and development | 14 | 18 | 25 | 32 | 34 | 39 | 49 | 64 | 74 | 89 | 99 | 103 | 115 |
| Selling and marketing | 11 | 15 | 22 | 32 | 33 | 33 | 29 | 34 | 38 | 41 | 41 | 37 | 40 |
| General and administrative | 6 | 7 | 12 | 18 | 22 | 24 | 35 | 36 | 45 | 61 | 52 | 49 | 52 |
| Operating income | 0 | 2 | −0 | −17 | −35 | −22 | −47 | −37 | −19 | −43 | −7 | −1 | −3 |
| Interest expense | 1 | 1 | 2 | 1 | 1 | 2 | 5 | 3 | 5 | 5 | 5 | 4 | 3 |
| Income before tax | 0 | 1 | −2 | −17 | −35 | −23 | −52 | −51 | −24 | −44 | 41 | −11 | −9 |
| Income tax | 0 | 0 | 0 | −0 | −0 | 0 | 0 | 0 | 0 | −0 | 0 | −0 | 0 |
| Net income | 0 | 1 | −2 | −17 | −35 | −23 | −52 | −51 | −24 | −43 | 41 | −11 | −10 |
| Diluted EPS | −$1.65 | −$1.33 | −$0.37 | −$0.84 | −$1.65 | −$1.05 | −$2.28 | −$2.12 | −$0.95 | −$1.62 | $1.39 | −$0.37 | −$0.31 |
| Diluted shares (average) | 7m | 8m | 22m | 21m | 21m | 22m | 23m | 24m | 26m | 27m | 29m | 29m | 31m |
| EBITDA | 2 | 4 | 2 | −13 | −30 | −17 | −43 | −33 | −13 | −30 | 7 | 14 | 13 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 92 | 74 | 98 | 96 | 93 | 74 | 108 | 112 |
| Cost of revenue | 45 | 38 | 41 | 48 | 45 | 38 | 45 | 53 |
| Gross profit | 46 | 37 | 57 | 48 | 48 | 36 | 64 | 59 |
| Research and development | 26 | 25 | 25 | 26 | 27 | 29 | 29 | 31 |
| Selling and marketing | 11 | 8 | 9 | 9 | 10 | 10 | 10 | 10 |
| General and administrative | 13 | 12 | 12 | 12 | 13 | 13 | 13 | 13 |
| Operating income | −4 | −10 | 11 | 1 | −3 | −15 | 11 | 5 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Income before tax | −3 | −9 | 12 | −13 | −1 | −25 | 12 | 5 |
| Income tax | −0 | −0 | 0 | −0 | 0 | 0 | −0 | 0 |
| Net income | −3 | −8 | 12 | −13 | −1 | −25 | 12 | 5 |
| Diluted EPS | −$0.09 | −$0.30 | $0.39 | −$0.44 | −$0.04 | −$0.83 | $0.39 | $0.15 |
| EBITDA | −0 | −6 | 15 | 5 | 1 | −11 | 14 | 8 |
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