IMPINJ INC (PI) Form 10-Q — Oct 28, 2026
Impinj's Q3 2026 revenue rose 16.7% year-over-year to $112.1 million, driven by a $24.8M increase in endpoint IC shipment volumes, partially offset by lower ASPs from product mix and new customer pricing. The company swung to GAAP net income of $4.7 million ($0.15 per diluted share) from a $12.8 million loss a year ago, with gross margin expanding to 52.8% from 50.3% on favorable endpoint IC mix (higher M800 contribution).
Key figures
- Eps
- 0.15
- Revenue
- 112083000
- Net Income
- 4677000
- Total Debt
- $191.0 million principal ($190.0M 2025 Notes + $1.0M remaining 2021 Notes)
- Revenue Yoy
- +16.7% (Q3 2026 $112.1M vs Q3 2025 $96.1M)
- Total Assets
- 548112000
- Cash Position
- $113.0 million (cash, cash equivalents and short-term investments)
- Shares Outstanding
- 30859581
- Gross margin q3
- 52.8%
- Working capital
- $299.0M
- Nine month revenue
- $294.7M (+9.9% YoY)
- Systems revenue q3
- $14.8M
- Nine month net loss
- -$8.4M
- Endpoint ic revenue q3
- $97.3M
- Gross margin prior year q3
- 50.3%
- Operating cash flow nine months
- $61.2M
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