# Impinj share price today (Impinj, Inc., PI)

> Impinj, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. PI · Technology · Semiconductors · data as of 4 November 2026. Page: https://www.sectoralpha.in/us/stocks/pi

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## Key numbers

- Price: $180.30 (+10.2% in a year)
- Revenue (Jun 2026): $108 M (+10.7% on a year ago)
- Profit (Jun 2026): $12.2 M (+5.8% on a year ago)
- Operating margin: 9.7% (−1.4 points on a year ago)
- ROE: −5%, FY25
- ROIC: −0.7%, against a 14.4% cost of capital: −15.1 points

The main question: the share price moved +10.2% in a year while yearly earnings per share moved −126.6%. The difference came from the market paying a higher multiple. ## What is the Impinj share price today? Impinj, Inc.'s share price was $180.30 at the close on 4 November 2026. It has been stalling near its high for 14 weeks. That is 25.0% above its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 1 week running. In the last 52 weeks it traded between $92 and $209, and at that close it sat 75% of the way up from that low. Over the last 10 years the share price moved +822% while the S&P 500 moved +253%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Impinj pay? Impinj, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Impinj on? Impinj is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks)

## Is Impinj profitable? Impinj, Inc. earned $12.2 M of net profit in the Jun 2026 quarter, +5.8% on the same quarter a year earlier. The full FY25 year was a loss of $10.8 M. That is 11.3% of the quarter's revenue. The same quarter a year earlier earned $11.6 M. 7 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was −$10.8 M (−126.6% on the year before). ## How much revenue does Impinj make, and is it growing? Impinj, Inc. reported $108 M of revenue in the Jun 2026 quarter, +10.7% on the same quarter a year earlier. Over 4 years it has grown 17.4% a year on average. The last full year, FY25, came in at $361 M. The last four reported quarters add to $372 M. FY25 revenue was $361 M, −1.4% on the year before. Recent pace: the last four quarters grew +3.3% on average, against 17.4% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +3.5%, against +8.6% a year over the last 8 quarters (rolling over). ## How much of every $100 of sales does Impinj keep? Impinj, Inc.'s operating margin was 9.7% in the Jun 2026 quarter, 1.4 percentage points lower than the same quarter a year ago. Across 5 years it has been between −18.7% and −0.2%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed −1.4 percentage points on the year while gross margin changed +0.8 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Impinj's profit turning into cash? Impinj, Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $58.7 M of operating cash against −$10.8 M of profit. After $12.9 M of spending on assets, $45.9 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Impinj's cash go? Impinj, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $48.6 M on assets over the last 3 years. Averaged over those years that is 4.5% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $48.6 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Impinj's P/E ratio, and how does it compare with its own history? Impinj, Inc. has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values Impinj, Inc. at 15.4× its FY25 revenue of $361 M. The P/E comes back here once profit turns positive. Why the multiple is where it is: over the past year earnings per share moved −126.6% while the price moved +10.2%. The price did better than earnings, which pushed the multiple up within its own range. ## Is the Impinj business getting better or worse? Impinj, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Impinj earn on its capital? Impinj, Inc. earned a ROE of −5% in FY25. That is up from a low of −156% in FY22. Its return on capital used (ROIC) is 15.1 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −3.0% net margin and 0.66× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −3.0% net margin × 0.66× asset turnover × 2.61× leverage (assets divided by equity) ≈ −5.2% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: −0.7% − 14.4% = −15.1 percentage points. The 14.4% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Impinj have too much debt? Impinj, Inc. has total debt of $267 M against shareholder equity of $232 M as of Jun 2026, so its debt is 1.15× its equity. Year by year, that ratio went from −27.48 in FY21 to 1.45 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Impinj shareholding pattern? 8.3% of Impinj, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 6.1 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Impinj from balance-sheet trouble? For Impinj, Inc., the Z-score is 11.44. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 11.44 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Impinj rank in its industry? There is no score against its industry: Impinj, Inc. is not among the largest members shown in this industry comparison for Semiconductors. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Impinj compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Impinj in size? Impinj is the 34th largest of 59 Semiconductors companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Silicon Motion Technology Corporation, Allegro MicroSystems, Inc. and Cirrus Logic, Inc. Just below it: MaxLinear, Inc., Synaptics Incorporated and Vishay Intertechnology, Inc. ### Semiconductors companies close in size

1. [Silicon Motion Technology Corporation](https://www.sectoralpha.in/us/stocks/simo) $6.2 billion
2. [Allegro MicroSystems, Inc.](https://www.sectoralpha.in/us/stocks/algm) $5.8 billion
3. [Cirrus Logic, Inc.](https://www.sectoralpha.in/us/stocks/crus) $5.8 billion
4. Impinj, Inc. $5.6 billion
5. [MaxLinear, Inc.](https://www.sectoralpha.in/us/stocks/mxl) $5.2 billion
6. [Synaptics Incorporated](https://www.sectoralpha.in/us/stocks/syna) $4.6 billion
7. [Vishay Intertechnology, Inc.](https://www.sectoralpha.in/us/stocks/vsh) $4 billion

[All 59 Semiconductors companies, largest first](https://www.sectoralpha.in/us/sectors/semiconductors#all-companies)

### Companies close in size in other industries

1. [Blackstone Secured Lending Fund](https://www.sectoralpha.in/us/stocks/bxsl) $5.6 billion · Asset Management
2. [Floor & Decor Holdings, Inc.](https://www.sectoralpha.in/us/stocks/fnd) $5.6 billion · Home Improvement Retail
3. Impinj, Inc. $5.6 billion
4. [Concentra Group Holdings Parent, Inc.](https://www.sectoralpha.in/us/stocks/con) $5.6 billion · Medical Care Facilities
5. [Magnolia Oil & Gas Corporation](https://www.sectoralpha.in/us/stocks/mgy) $5.5 billion · Oil & Gas Exploration & Production

## What else do people ask about Impinj? ### What were Impinj's latest quarterly results? Impinj, Inc. reported revenue of $108 M and net profit of $12.2 M for the Jun 2026 quarter. Revenue rose 10.7% and profit rose 5.8% compared with a year earlier. Earnings per share were $0.39. The operating margin was 9.7%, 1.4 percentage points lower than a year earlier (as of 4 November 2026). ### What is Impinj's market cap? Impinj, Inc.'s market capitalisation is $5.6 B at a stock price of $180.30. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Impinj performing? Impinj, Inc.'s share price has been stalling near its high for 14 weeks. In its latest quarter, revenue rose 10.7% and profit rose 5.8% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 1 week running (as of 4 November 2026). ### Will Impinj's stock price go up? This page does not forecast Impinj, Inc.'s stock price. What it shows instead: the stock price is $180.30, and it has been stalling near its high for 14 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026). ### Does Impinj have too much debt? Impinj, Inc. has a moderate amount of debt: its debt is 0.70× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 4 November 2026). ### Where is Impinj in its business cycle? Impinj, Inc.'s FY25 operating margin was −0.2%, against a 5-year range of −18.7% to −0.2%: the middle of its own range, neither a peak nor a low. The latest quarter was 9.7%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Impinj story? The main question: the share price moved +10.2% in a year while yearly earnings per share moved −126.6%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Impinj a stock worth studying right now? What the numbers show: Impinj, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ## Lists

- US tech stocks: https://www.sectoralpha.in/us-tech-stocks

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