Is Impinj (PI) overvalued or fairly valued?

MarketChacha shows Impinj's valuation in context — a forward P/E of about 48.4, a price-to-book of about 20.4 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Impinj's revenue?

Impinj reported revenue of $361.1M for FY2025, with net profit of $-10.8M, per official filings.

What is the share price of Impinj (PI)?

Impinj last traded at $136.27 (+0.2% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

Impinj

PI · NYSE · Technology · United States

$136.27+0.2%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 7:26 PM

Snapshot

TickerPI

ExchangeNYSE

SectorTechnology

IndustrySemiconductors

CountryUnited States

Employees457

HeadquartersSeattle, United States

Market cap$4.2B

P/B20.4

Volume118.07K

Websitewww.impinj.com

Filings tracked3

About Impinj

Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform wirelessly connects 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 consists of 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 that enable its partners to solve enterprise business problems, such as package sortation, dock door ingress/egress and retail self-checkout and loss prevention. The company primarily serves retail, supply chain and logistics, automotive, aviation, banking, datacenters, food, healthcare, industrial and manufacturing, linen and uniform tracking, sports, and travel industries through original equipment and device manufacturers, tag service bureaus, systems integrators, value-added resellers, independent software vendors, and other solution partners. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.

Profile as reported by Yahoo Finance.

Who owns it

Insiders2.8%
Institutions97.2%
Public & other0.0%

404 institutional holders

As reported by Yahoo Finance.

Top holders

Blackrock Inc.14.16%
FMR, LLC14.05%
Vanguard Portfolio Management LLC7.03%
State Street Corporation4.87%
Capital International Investors4.44%
Vanguard Capital Management LLC4.16%
Sylebra Capital LLC3.72%
Capital World Investors3.34%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

Forensic scorecard

Latest ROE of -5.2% is on the low side — the business earns a modest return on shareholder capital.

Net margin trend-14.1% → -3.0%

Margin has expanded by about 11.1 points — the business is getting more profitable.

Return on equity-5.2%

Latest ROE of -5.2% is on the low side — the business earns a modest return on shareholder capital.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $98.3M · EPS -0.05

Est. earnings growth -14.0%

Next fiscal year

Rev $461.5M · EPS 2.82

Est. earnings growth +49.3%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$87.3652-wk range$247.06

Delayed · as reported by Yahoo Finance

New to these terms?

P/E ROE ROCE Margins Market cap

Browse the Learn hub →

Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Market cap

$4.2B

Day change

+0.2%

Fwd P/E

48.4

P/B

20.4

Beta

1.93

Revenue (FY2025)

$361.1M

Net margin

-3.0%

ROE

-5.2%

Revenue CAGR (2y)

+8.4%

EPS (FY2025)

-0.37

Net profit (FY2025)

$-10.8M

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

Ask MarketChacha about PI

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$361.1M	$-10.8M	-0.37	-3.0%	-5.2%
FY2024	$366.1M	$40.8M	1.39	11.2%	27.3%
FY2023	$307.5M	$-43.4M	-1.62	-14.1%	-127.1%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$74.3M	$-25.3M	-0.83	-34.0%
2025Q3	$96.1M	$-12.8M	-0.44	-13.3%
2025Q2	$97.9M	$11.6M	0.39	11.8%
2025Q1	$74.3M	$-8.5M	-0.30	-11.4%
2024Q3	$95.2M	$221,000	0.01	0.2%
2024Q2	$102.5M	$10.0M	0.34	9.7%
2024Q1	$76.8M	$33.3M	1.10	43.4%
2023Q3	$65.0M	$-15.8M	-0.59	-24.2%
2023Q2	$86.0M	$-8.1M	-0.30	-9.4%
2023Q1	$85.9M	$-4.4M	-0.17	-5.1%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Shareholder vote results
SEC5/29/2026material
8-K — Results of operations, Exhibits
SEC4/29/2026material
10-Q filing
SEC4/29/2026

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.