IMPINJ INC(PI)Stock Analysis
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Rank #2,148 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
PI Stock Analysis & AI Quality Score
AI stock analysis and institutional research for IMPINJ INC (PI), a Technology sector company. 13F Pro's AI-powered ranking engine scores PI at 35.3/100 on a 32-signal composite quality model, placing it at rank #2,148 of 2,879 stocks — the bottom half of the AI-ranked universe. Areas of concern include profitability (18.8) and balance sheet strength (21.8), which score below median versus the broader universe. Shareholder dilution risk is elevated at 12.3/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), IMPINJ INC reports quarterly revenue of $74.3M, net income of $-25.3M, free cash flow of $2.2M. Top institutional holders of PI by reported 13-F value include BlackRock,, FMR, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. PI trades on the Nasdaq exchange and files with the SEC under CIK 1114995. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PI daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for IMPINJ INC directly from SEC EDGAR. IMPINJ INC's 13F Pro composite quality score has ranged between 8 and 70 since 2021, currently 35.3 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.
Revenue
Q1 2026
$74.3M
Net Income
Q1 2026
$-25.3M
Free Cash Flow
Q1 2026
$2.2M
ROIC
Q1 2026
-3.4%
D/E Ratio
Q1 2026
1.18
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
-1.4% YoYNet Income
-126.6% YoYOperating Income
+89.6% YoYEPS (Diluted)
-126.6% YoYTotal Assets
+11.5% YoYTotal Debt
-33.4% YoYOp. Cash Flow
-54.2% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $361.1M -1.4% | $366.1M +19.0% | $307.5M +19.3% | $257.8M +35.5% | $190.3M +37.0% | $138.9M |
| Net Income | $-10.8M -126.6% | $40.8M +194.1% | $-43.4M -78.5% | $-24.3M +52.6% | $-51.3M +1.3% | $-51.9M |
| Operating Income | $-737.0K +89.6% | $-7.1M +83.7% | $-43.5M -123.2% | $-19.5M +47.7% | $-37.2M +20.9% | $-47.1M |
| EPS (Diluted) | $-0.37 -126.6% | $1.39 +185.8% | $-1.62 -70.5% | $-0.95 +55.2% | $-2.12 +7.0% | $-2.28 |
| Total Assets | $545.2M +11.5% | $489.1M +36.1% | $359.4M +2.8% | $349.7M +10.8% | $315.5M +52.0% | $207.6M |
| Total Debt | $377.6M -33.4% | $567.0M +101.2% | $281.9M +0.6% | $280.2M -5.9% | $297.9M +446.1% | $54.6M |
| Operating Cash Flow | $58.7M -54.2% | $128.3M +359.8% | $-49.4M -7803.9% | $641.0K -90.1% | $6.5M +138.3% | $-16.9M |
AI Insight: PI Ratio Trends
Impinj collapsed into severe losses across all metrics in Q1 2026, with operating margin plunging to -20.4% and ROE to -49.5%.
• Operating margin deteriorated from -2.9% in Q4 2025 to -20.4% in Q1 2026, the worst quarter in the dataset.
• Net profit margin fell to -34.0% in Q1 2026 from -1.2% prior quarter, signaling severe operational distress.
• Debt-to-equity improved to 1.18 in Q1 2026 from 1.80 in Q4 2025, though profitability losses dominate the picture.
⚠ ROE collapsed to -49.5% and ROIC to -13.6% in Q1 2026—worst readings across the entire 9-quarter span.
⚠ Q2 2025 brief recovery (+11.1% OpMargin, +24.6% ROE) was unsustained; subsequent three quarters all deeply negative.
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Available Research
13F Pro tracks comprehensive data for IMPINJ INC including:
Top Institutional Holders of PI
BlackRock, Inc.
$443.0M4,313,504 shFMR LLC
$439.6M4,280,553 shVANGUARD PORTFOLIO MANAGEMENT LLC
$219.8M2,140,158 shSTATE STREET CORP
$152.5M1,484,868 shCapital International Investors
$138.9M1,352,380 shVANGUARD CAPITAL MANAGEMENT LLC
$130.0M1,265,710 shSYLEBRA CAPITAL LLC
$116.3M1,132,152 shCapital World Investors
$104.3M1,016,052 shAMERIPRISE FINANCIAL INC
$88.1M858,281 shAMERICAN CENTURY COMPANIES INC
$84.0M817,992 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $443.0M | 4,313,504 |
| FMR LLC | $439.6M | 4,280,553 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $219.8M | 2,140,158 |
| STATE STREET CORP | $152.5M | 1,484,868 |
| Capital International Investors | $138.9M | 1,352,380 |
| VANGUARD CAPITAL MANAGEMENT LLC | $130.0M | 1,265,710 |
| SYLEBRA CAPITAL LLC | $116.3M | 1,132,152 |
| Capital World Investors | $104.3M | 1,016,052 |
| AMERIPRISE FINANCIAL INC | $88.1M | 858,281 |
| AMERICAN CENTURY COMPANIES INC | $84.0M | 817,992 |
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Popular Research
Is PI a good stock to buy?
13F Pro's AI-powered analysis of IMPINJ INC (PI) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for PI are available on the PI stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own PI?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling PI. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of IMPINJ INC's investment landscape.