IMPINJ INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $361.1M | $366.1M | $307.5M | $257.8M | $190.3M |
| Cost of revenue | $171.4M | $177.2M | $155.6M | $119.9M | $91.3M |
| Gross profit | $189.7M | $188.9M | $152.0M | $137.9M | $99.0M |
| Research and development | $102.6M | $98.8M | $88.6M | $74.1M | $64.1M |
| Operating expenses | $190.4M | $195.9M | $195.5M | $157.4M | $136.2M |
| Operating income | -$737,000 | -$7.1M | -$43.5M | -$19.5M | -$37.2M |
| Interest expense | $4.4M | $4.9M | $4.8M | $4.9M | $2.5M |
| Pretax income | -$10.9M | $41.0M | -$43.7M | -$24.1M | -$51.1M |
| Income tax expense | -$69,000 | $157,000 | -$322,000 | $184,000 | $153,000 |
| Net income | -$10.8M | $40.8M | -$43.4M | -$24.3M | -$51.3M |
| Balance Sheet | |||||
| Cash and equivalents | $48.2M | $46.1M | $94.8M | $19.6M | $123.9M |
| Current assets | $339.2M | $326.4M | $269.7M | $275.2M | $255.8M |
| Total assets | $545.2M | $489.1M | $359.4M | $349.7M | $315.5M |
| Current liabilities | $126.5M | $331.2M | $30.9M | $42.4M | $35.5M |
| Total liabilities | $336.0M | $339.2M | $325.3M | $334.1M | $326.6M |
| Total debt | $287.5M | $287.5M | — | $287.5M | $297.4M |
| Stockholders' equity | $209.2M | $149.9M | $34.1M | $15.6M | -$11.1M |
| Cash Flow Statement | |||||
| Cash from operations | $58.7M | $128.3M | -$49.4M | $641,000 | $6.5M |
| Depreciation and amortization | $15.0M | $13.6M | $13.6M | $6.0M | $4.6M |
| Stock-based compensation | $55.3M | $56.5M | $48.0M | $42.4M | $40.5M |
| Capital expenditure | $12.9M | $17.1M | $18.6M | $12.1M | $16.2M |
| Free cash flow | $45.9M | $111.2M | -$68.0M | -$11.4M | -$9.8M |
Shares outstanding 30.5M · Free float 73.2%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.