Impinj, Inc.

PI Technology Semiconductors

Impinj, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $361.1 million, down 1.37% from fiscal 2024.

Revenue
+16.7%
EPS
+134.7%
Free cash flow
+14.7%
Total debt
−33.5%

Quarter to September 2026, against a year earlier

163.96 16.34 −9.06%
Market cap
$5.6B
P/E
0.0×
Fwd P/E
−436×
Dividend yield
—
F-score
4/9
Altman Z
9.20
Beneish M
−2.70
Dividend safety
n/a

Impinj, Inc. (PI) Operating margin

Alert me on Operating margin

Impinj, Inc.'s operating margin over the twelve months to 30 September 2026 was −0.71%, down 0.5 percentage points from fiscal 2025 (−0.20%). Over the past ten years it has ranged from −33.9% (fiscal 2020) to 2.04% (fiscal 2015); the current reading is higher than 91% of that period. That is below the Semiconductors industry median of 5.47% and below the Technology sector median of 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −0.20% 1.73
FY2024 −1.93% 12.21
FY2023 −14.1% (6.58)
FY2022 −7.56% 12.02
FY2021 −19.6% 14.30
FY2020 −33.9% (19.71)
FY2019 −14.2% 14.26
FY2018 −28.4% (14.85)
FY2017 −13.6% (13.15)
FY2016 −0.43% (2.47)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 4.10% (5.59)
Jun 2026 9.69% 30.12
Mar 2026 −20.4% (17.52)
Dec 2025 −2.91% (3.59)
43 more quarters

Against its own ten years

Low −33.9% High 2.04%
Ten-year median −13.6%
Current reading's percentile 84

Operating margin against peers

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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