Every 10-Q that Impinj, Inc. (PI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow PI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PI filings page.
Impinj generated Q2 2026 revenue of $108,371 (in thousands), up from $97,894, with Endpoint IC revenue of $96,401 and Systems revenue of $11,970. Gross profit was $63,533 and gross margin was 58.6%, compared with 57.8% a year earlier. Net income was $12,220, or $0.40 basic and $0.39 diluted per share.
For the first six months of 2026, revenue was $182,621 (in thousands) versus $172,171 in 2025, with an operating loss of $4,664 and a net loss of $13,041, compared with $3,102 net income a year earlier. First-half 2026 results include $11,938 of induced conversion expense related to a partial repurchase of 2021 convertible notes.
As of June 30, 2026, Impinj held cash, cash equivalents and short‑term investments of $133.0 million and working capital of $211.6 million. Convertible notes outstanding totaled $247,302 in principal across 2021 and 2025 series. Net cash provided by operating activities for the first half of 2026 was $35,584 (in thousands).
Impinj reported roughly flat revenue but a much larger loss for the quarter ended March 31, 2026. Revenue was $74.3 million, essentially unchanged from a year earlier, as higher endpoint IC sales offset lower systems revenue. Gross margin slipped slightly to 49.1%.
The company posted a net loss of $25.3 million, compared with a $8.5 million loss a year ago, mainly due to $11.9 million of induced conversion expense from repurchasing a portion of its 2021 convertible notes and higher research and development and sales and marketing spending. Operating cash flow turned positive at $4.0 million, while cash and cash equivalents fell to $32.3 million as Impinj used $47.0 million of cash to repurchase debt.
Total assets were $502.5 million and total liabilities $298.6 million, including $247.3 million of convertible senior notes principal. The company ended the quarter with 30.5 million common shares outstanding and continues to emphasize RAIN endpoint ICs as its primary revenue driver.
Impinj (PI) reported Q3 2025 results. Revenue was $96,055 thousand with gross margin of 50.3%, driven by higher systems sales offset by lower endpoint IC average selling prices. Segment revenue included endpoint ICs $78,782 thousand and systems $17,273 thousand. The quarter showed a net loss of $12,810 thousand, primarily reflecting a $15,026 thousand induced conversion expense tied to a convertible note exchange.
In September, Impinj issued $190,000 thousand of 0% convertible senior notes due 2029 and used proceeds and cash to exchange $190,000 thousand of its 2021 notes for cash plus approximately 811,000 shares. The company also paid $11,210 thousand for capped calls associated with the 2029 notes. Year-to-date operating cash flow was $43,610 thousand. Cash and cash equivalents were $51,726 thousand, short-term investments $138,355 thousand, with debt comprising $96,610 thousand current and $183,753 thousand long-term. Shares outstanding were 30,109,132 as of October 17, 2025.