PI

Impinj Inc Information Technology Electronic Components, NEC Russell 3000
$179.66Close $5.4BMarket cap $91.34 – $209.1652-week range Late-januaryNext report · estimated

Highlights

Cautions

  • Trend not confirmed 7 of 8 conditions · RS under 70

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Oct 28, 2026
Off 12-month high 14%
1wk up 7.5% price change
1mo up 0.2% price change
12-month return down 13% market up 11% · its own down 37%
F-score 5 / 9 Mixed
Altman Z 9.80 Low risk
P/E — price / earnings
PEG — P/E / EPS growth
P/B 26.0× price / book
Earnings yield 0.0% EBIT / enterprise value
Cheaper than 19% of the market · expensive
Revenue growth down 1% year on year
EPS growth — latest quarter
Sales growth up 17% latest quarter · +6 pts
ROE down 6% return on equity
Free cash margin up 13% $45.9M FCF
D/E 0.88 long-term debt / equity
Net debt / EBITDA 9.5×
Interest cover Lossoperating loss
Piotroski tests
  • not yet profitable on its assets
  • profitability slipped from last year
  • issued more shares
  • assets working less efficiently
  • generating cash from operations
  • profits backed by cash
  • reduced long-term debt
  • short-term liquidity improved
  • gross margin widened

Repair signals

  • Long-term debt down 35% ($0.3B → $0.2B)

Trade setup

ATR% 5.8% $10.46 a day · 2×ATR $158.74
RS 62 / 99 vs the universe
Trend 7 / 8 RS under 70
Relative volume 1.0× vs 50-day average
Up/down volume 1.42 50 sessions
Implied move — no scheduled report
Trend template · 7 of 8
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

4 flagged
  • Losing money before interest is even paid The company made an operating loss, so interest is not covered at all - the debt is being serviced from cash reserves, asset sales or new borrowing rather than from the business.
  • Heavily indebted Net debt is 9.5 times EBITDA — roughly 10 years of earnings before interest, tax and depreciation to repay borrowings in full.
  • Shareholders diluted The share count rose 6.0% over the year, from 29m to 30m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
  • Revenue shrinking Revenue fell 1.4% over the year, from $366.1M to $361.1M.
Last reported Oct 28, 2026
Results reaction Oct 28, 2026+4% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $361.1M -1% on FY2024
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $138.9M FY2021 · $190.3M FY2022 · $257.8M FY2023 · $307.5M FY2024 · $366.1M FY2025 · $361.1M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$10.8M down to a loss
-$100M $0 $50M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$51.9M FY2021 · -$51.3M FY2022 · -$24.3M FY2023 · -$43.4M FY2024 · $40.8M FY2025 · -$10.8M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $45.9M -59% on FY2024
-$100M $0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$20.0M FY2021 · -$9.8M FY2022 · -$11.4M FY2023 · -$68.0M FY2024 · $111.2M FY2025 · $45.9M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 53%
  • Net -3%
  • Free cash 13%
-50% 0% 100% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 47% · Net -37% · Free cash -14% FY2021 · Gross 52% · Net -27% · Free cash -5% FY2022 · Gross 53% · Net -9% · Free cash -4% FY2023 · Gross 49% · Net -14% · Free cash -22% FY2024 · Gross 52% · Net 11% · Free cash 30% FY2025 · Gross 53% · Net -3% · Free cash 13%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $135.9M net debt
  • Cash
  • Long-term debt
$0 $500M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $23.6M · Long-term debt $54.6M FY2021 · Cash $123.9M · Long-term debt $278.7M FY2022 · Cash $19.6M · Long-term debt $280.2M FY2023 · Cash $94.8M · Long-term debt $281.9M FY2024 · Cash $46.1M · Long-term debt $283.5M FY2025 · Cash $48.2M · Long-term debt $184.1M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 30.22m +29.4% since FY2020
30.22m 23.35m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 23.35m FY2021 · 24.74m FY2022 · 26.10m FY2023 · 27.17m FY2024 · 28.50m FY2025 · 30.22m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $138.9M $190.3M $257.8M $307.5M $366.1M $361.1M
Gross margin 47% 52% 53% 49% 52% 53%
Operating income -$47.1M -$37.2M -$19.5M -$43.5M -$7.1M -$737,000
Net income -$51.9M -$51.3M -$24.3M -$43.4M $40.8M -$10.8M
Net margin -37% -27% -9% -14% 11% -3%
Earnings per share -$2.28 -$2.12 -$0.95 -$1.62 $1.38 -$0.37
Free cash flow -$20.0M -$9.8M -$11.4M -$68.0M $111.2M $45.9M
Free cash margin -14% -5% -4% -22% 30% 13%
Cash $23.6M $123.9M $19.6M $94.8M $46.1M $48.2M
Long-term debt $54.6M $278.7M $280.2M $281.9M $283.5M $184.1M
Shareholders' equity $109.1M -$11.1M $15.6M $34.1M $149.9M $209.2M
Shares outstanding 23.35m 24.74m 26.10m 27.17m 28.50m 30.22m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Oct 28, 2026 Quarterly ↗ Sep 30, 2026 28d
Jul 29, 2026 Quarterly ↗ Jun 30, 2026 29d
Apr 29, 2026 Quarterly ↗ Mar 31, 2026 29d
Feb 9, 2026 Annual ↗ Dec 31, 2025 40d
Oct 29, 2025 Quarterly ↗ Sep 30, 2025 29d
Jul 30, 2025 Quarterly ↗ Jun 30, 2025 30d
Apr 23, 2025 Quarterly ↗ Mar 31, 2025 23d
Feb 10, 2025 Annual ↗ Dec 31, 2024 41d
Oct 23, 2024 Quarterly ↗ Sep 30, 2024 23d
Jul 24, 2024 Quarterly ↗ Jun 30, 2024 24d
Apr 24, 2024 Quarterly ↗ Mar 31, 2024 24d
Feb 12, 2024 Annual ↗ Dec 31, 2023 43d

Current reports

FiledDisclosed
Oct 28, 2026 Results ↗
Sep 11, 2026 Other events ↗
Jul 29, 2026 Results ↗
May 29, 2026 Shareholder vote ↗
Apr 29, 2026 Results ↗
Mar 16, 2026 Other events ↗
Feb 5, 2026 Results ↗
Jan 13, 2026 Results ↗
Dec 22, 2025 Director or officer change ↗
Oct 30, 2025 Material agreement · New obligation ↗
Oct 29, 2025 Results ↗
Oct 20, 2025 Director or officer change ↗