Impinj, Inc.

Impinj, Inc.

PIยทNASDAQ

$137.76

-3.4%
TechnologySemiconductors

Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform, which comprises multiple product families, wirelessly connects individual items and delivers data about the connected items to business and consumer applications. The company's platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item. Its platform also consists of systems products that comprise reader ICs, readers, and gateways to wirelessly provide power to and communicate bidirectionally with endpoint ICs on host items, as well as to read, write, authenticate, and engage the endpoint ICs on those items; and software and algorithms that enables its partners to deliver use cases, such as retail self-checkout and loss prevention, and warehouse pallet and carton tracking to end-users. The company primarily serves retail, supply chain and logistics, aviation, automotive, healthcare, industrial and manufacturing, sports, food, datacenter, travel, banking, and linen and uniform tracking sectors through distributors, system integrators, value-added resellers, and software solution partners. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.

At a Glance

Live Snapshot
Market Cap$4.20B
EPS-0.3700
P/E Ratio-372.32
Earnings Date07/29/2026
3Y+9065.0%
5Y-448.0%
10Y-719.0%
3Y-53.0%
5Y+32.0%
10Y-32.0%
3Y+316.0%
5Y-190.0%
10Y-109.0%
PI

Impinj, Inc. Cash Conversion Engine

PI ยท NASDAQ
Net Income-10.85M
Depreciation & Amortization15.04M
Stock-Based Compensation0.00
Change in Working Capital-14.80M
Others69.75M
Capital Expenditures-12.86M
Free Cash Flow45.88M

Cash Flow Quality Analysis

FCF Conversion Rate

-423.0%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

21.9%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

-58.7%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$14.80M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

Impinj, Inc. Cash Flow Statement

PI โ€ข NASDAQ

Impinj, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2010Dec 2009
OPERATING ACTIVITIES
-10.8M
40.8M
-43.4M
-24.3M
-51.3M
-51.9M
-23M
-35.2M
-17.3M
-1.7M
900K
297K
235K
-11.4M
-10.3M
15M
13.6M
13.6M
6M
4.6M
4.5M
4.8M
4.5M
4M
2.9M
2M
1.4M
994K
1.3M
1.5M
-396K
-567K
-931K
0.0
0.0
0.0
0.0
-395K
70K
-528K
-703K
398K
0.0
341K
191K
0.0
56.5M
48M
42.4M
40.5M
25.7M
0.0
11.3M
7.4M
2.8M
1.2M
1.2M
807K
499K
313K
69.7M
1.9M
1.5M
3.7M
12.3M
3.9M
18.8M
-798K
95K
239K
152K
182K
-1.8M
1.4M
-160K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(46K)
(41K)
(21K)
(0.0)
(0.0)
(0.0)
-14.8M
16M
-68.2M
-27.2M
288K
963K
4.1M
8.8M
-30.1M
-13.2M
-43K
-4.3M
5.9M
-6.8M
-389K
58.7M
128.3M
-49.4M
641K
6.5M
-16.9M
4.7M
-11.8M
-35.9M
-9.5M
3.5M
-832K
6.1M
-14.6M
-8.9M
INVESTING ACTIVITIES
-12.9M
-17.1M
-18.6M
-12.1M
-16.2M
-3.1M
-2.4M
-6.4M
-6.6M
-3.5M
-7.5M
-1M
-940K
-468K
-100K
(0.0)
(0.0)
-23.4M
(279K)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(2K)
-202.8M
-202.1M
(0.0)
-205.7M
-84.4M
-82.7M
-72.4M
-51.7M
-49.1M
-67.1M
(0.0)
(0.0)
(0.0)
-2.5M
-9.7M
167.6M
26.6M
157.8M
114.8M
82M
49.5M
61.7M
52.4M
77.1M
0.0
0.0
0.0
0.0
6.1M
21M
0.0
0.0
-16K
0.0
0.0
0.0
0.0
701K
28M
-67.1M
0.0
200K
0.0
349K
672K
-48M
-192.6M
(115.8M)
-102.8M
-18.6M
-36.3M
-13.1M
-5.7M
(21.4M)
-70.6M
-7.5M
-817K
-940K
(3.6M)
(11.9M)
FINANCING ACTIVITIES
11.8M
20.3M
8.7M
15.4M
296.1M
10.2M
9.1M
0.0
0.0
108.1M
0.0
0.0
0.0
105K
26K
-17.6M
0.0
0.0
-17.6M
94.8M
-257K
48.6M
13M
-3.9M
-5.1M
7M
-3.3M
-1.5M
0.0
0.0
-3.2M
-4.6M
0.0
0.0
-278.4M
0.0
0.0
2.7M
4.1M
662K
216K
702K
94K
10.1M
-453K
-8.9M
15.7M
8.7M
-2.1M
112.4M
9.9M
57.8M
15.7M
137K
103.6M
7.2M
-2.6M
-1.4M
10.2M
-427K
CASH FLOW SUMMARY
350K
-159K
34K
0.0
0.0
1.0
-1.0
0.0
0.0
0.0
0.0
0.0
0.0
-4K
-9K
2.2M
-48.7M
75.2M
-104.3M
100.3M
-43.3M
49.4M
-1.8M
-14.4M
23.5M
3.2M
-4.2M
3.8M
-872K
2.6M
46.1M
94.8M
19.6M
123.9M
23.6M
66.9M
17.5M
19.3M
33.6M
10.1M
6.9M
11.2M
7.4M
6.4M
3.9M
48.2M
46.1M
94.8M
19.6M
123.9M
23.6M
66.9M
17.5M
19.3M
33.6M
10.1M
6.9M
11.2M
5.5M
6.4M
45.9M
111.2M
-68.2M
-11.4M
-9.8M
-20M
2.3M
-18.1M
-42.4M
-13M
-4M
-1.8M
5.2M
-15.1M
-9M

SEC Filings

PI - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 29, 2026
May 28, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 29, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 29, 2026
April 29, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 16, 2026
May 28, 2026
2026
8-K

8-K 2026

N/A

March 16, 2026
March 11, 2026
2026
10-K

10-K 2025 FY

FY

February 09, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 05, 2026
February 05, 2026
2026
8-K

8-K 2026

N/A

January 13, 2026
January 13, 2026
2026
8-K

8-K 2025

N/A

December 22, 2025
December 19, 2025
2025
8-K

8-K 2025

N/A

October 30, 2025
October 30, 2025
2025
Showing 1 to 10 of 166 filings