PI - Impinj, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$180.00
DETAILS
HIGH:
$220.00
LOW:
$144.00
MEDIAN:
$175.00
CONSENSUS:
$180.00
UPSIDE:
13.53%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||
| Revenue | 361.1 | 366.1 | 307.5 | 257.8 | 190.3 | 138.9 | 152.8 | 122.6 | 125.3 | 112.3 | 78.5 | 63.8 | 55.5 | 31.8 | 20.8 |
| Cost of Revenue | 173.5 | 177.2 | 155.6 | 119.9 | 91.3 | 73.8 | 78.8 | 64.4 | 60.4 | 52.8 | 37.5 | 30.1 | 27.0 | 17.6 | 9.0 |
| Gross Profit | 187.6 | 188.9 | 152.0 | 137.9 | 99.0 | 65.1 | 74.0 | 58.3 | 64.9 | 59.5 | 41.0 | 33.6 | 28.5 | 14.2 | 11.8 |
| Operating Expenses | |||||||||||||||
| R&D Expenses | 102.6 | 98.8 | 88.6 | 74.1 | 64.1 | 48.6 | 38.9 | 34.2 | 32.2 | 25.2 | 17.0 | 14.3 | 11.6 | 10.7 | 9.5 |
| SG&A Expenses | 85.7 | 90.4 | 98.7 | 83.4 | 70.4 | 58.3 | 56.8 | 55.2 | 49.7 | 34.8 | 21.7 | 17.0 | 15.5 | 13.8 | 12.6 |
| Other Expenses | 0 | 6.7 | 8.2 | (0.1) | 1.7 | 5.4 | 0 | 3.7 | 0 | 0 | 0 | 1.9 | (1.1) | 0 | 0 |
| Operating Expenses | 188.3 | 195.9 | 195.5 | 157.4 | 136.2 | 112.2 | 95.7 | 93.2 | 82.0 | 59.9 | 39.2 | 33.2 | 25.9 | 24.5 | 22.1 |
| Operating Income | |||||||||||||||
| Operating Income | (0.7) | (7.1) | (43.5) | (19.5) | (37.2) | (47.1) | (21.7) | (34.9) | (17.0) | (0.5) | 1.6 | 0.5 | 2.5 | (10.3) | (10.3) |
| Interest Expense | 4.4 | 4.9 | 4.8 | 4.9 | 2.5 | 5.4 | 1.8 | 1.4 | 0.9 | 1.6 | 1.2 | 0.9 | 0 | 0.8 | 0.5 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.7 | 0.8 | 1.3 | 0.0 | 0.2 |
| Profitability | |||||||||||||||
| EBITDA | 8.5 | 10.3 | (26.6) | (13.5) | (30.9) | (37.2) | (16.9) | (26.6) | (13.1) | 2.4 | 3.6 | 3.7 | 3.5 | (9.2) | (8.2) |
| EBIT | (6.5) | (3.3) | (40.2) | (19.6) | (35.5) | (41.7) | (21.7) | (31.1) | (17.0) | (0.5) | 1.6 | 2.4 | 2.5 | (10.5) | (9.7) |
| Income Before Tax | (10.9) | 41.0 | (43.7) | (24.1) | (51.1) | (51.8) | (22.8) | (35.5) | (17.4) | (1.5) | 1.1 | 0.4 | 0.3 | (11.3) | (10.2) |
| Income Tax Expense | (0.1) | 0.2 | (0.3) | 0.2 | 0.2 | 0.1 | 0.2 | (0.2) | (0.1) | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | (0.1) |
| Net Income | (10.8) | 40.8 | (43.4) | (24.3) | (51.3) | (51.9) | (23.0) | (35.2) | (17.3) | (1.7) | 0.9 | 0.3 | (11.1) | (11.4) | (9.9) |
| Per Share Data | |||||||||||||||
| EPS (Basic) | -0.37 | 1.46 | -1.62 | -0.95 | -2.12 | -2.28 | -1.05 | -1.65 | -0.84 | -0.08 | -0.81 | -0.86 | -0.87 | -0.89 | -0.77 |
| EPS (Diluted) | -0.37 | 1.39 | -1.62 | -0.95 | -2.12 | -2.28 | -1.05 | -1.65 | -0.84 | -0.08 | -0.81 | -0.86 | -0.87 | -0.89 | -0.77 |
| Shares Outstanding | 29.3 | 28.0 | 26.8 | 25.5 | 24.2 | 22.8 | 21.8 | 21.3 | 20.7 | 19.7 | 12.8 | 12.8 | 12.8 | 12.8 | 12.8 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||
| Cash & Cash Equivalents | 48.2 | 46.1 | 94.8 | 19.6 | 123.9 | 23.6 | 66.9 | 17.5 | 19.3 | 33.6 | 6.4 |
| Short-Term Investments | 127.1 | 118.7 | 18.4 | 154.1 | 69.4 | 82.5 | 49.6 | 38.5 | 38.8 | 66.9 | 4.9 |
| Net Receivables | 70.8 | 56.8 | 54.9 | 50.0 | 35.4 | 25.0 | 23.7 | 18.5 | 22.2 | 17.4 | 1.7 |
| Inventory | 85.0 | 99.3 | 97.2 | 46.4 | 22.0 | 36.3 | 34.2 | 44.7 | 47.1 | 27.7 | 1.9 |
| Other Current Assets | 8.1 | 5.5 | 4.4 | 5.0 | 0 | 0 | 2.4 | 2.0 | 0 | 3.0 | 0 |
| Total Current Assets | 339.2 | 326.4 | 269.7 | 275.2 | 255.8 | 171.4 | 176.8 | 121.2 | 129.8 | 148.7 | 15.2 |
| Non-Current Assets | |||||||||||
| Property, Plant & Equipment | 71.2 | 57.8 | 54.6 | 49.5 | 39.2 | 30.3 | 33.9 | 19.8 | 18.1 | 14.9 | 1.5 |
| Goodwill | 20.7 | 18.7 | 19.7 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 |
| Intangible Assets | 9.5 | 10.3 | 13.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.2 |
| Long-Term Investments | 103.8 | 74.9 | 0 | 19.2 | 14.2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0.8 | 1.0 | 1.5 | 2.0 | 2.5 | 2.1 | 0.5 | 0.2 | 0.2 | 0 | 0.7 |
| Total Non-Current Assets | 206.0 | 162.7 | 89.7 | 74.6 | 59.7 | 36.3 | 38.3 | 23.9 | 22.2 | 18.8 | 7.3 |
| Total Assets | 545.2 | 489.1 | 359.4 | 349.7 | 315.5 | 207.6 | 215.0 | 145.1 | 152.0 | 167.5 | 22.5 |
| Current Liabilities | |||||||||||
| Account Payables | 13.6 | 17.3 | 8.7 | 25.0 | 11.7 | 10.1 | 5.6 | 4.6 | 4.7 | 7.2 | 0.8 |
| Short-Term Debt | 97.5 | 287.1 | 0 | 0 | 13.8 | 0 | 0.1 | 5.9 | 5.0 | 3.7 | 1.7 |
| Deferred Revenue | 1.8 | 1.8 | 1.7 | 2.2 | 0.6 | 6.8 | 0.6 | 0.6 | 0.7 | 0.4 | 0.6 |
| Other Current Liabilities | 13.6 | 2.7 | 8.5 | 9.0 | 2.2 | 5.5 | 5.8 | 3.9 | 5.4 | 6.8 | 1.3 |
| Total Current Liabilities | 126.5 | 331.2 | 30.9 | 42.4 | 35.5 | 27.6 | 19.5 | 23.0 | 19.9 | 25.4 | 5.2 |
| Non-Current Liabilities | |||||||||||
| Long-Term Debt | 206.7 | 5.7 | 281.9 | 280.2 | 278.7 | 54.6 | 50.9 | 17.6 | 5.5 | 9.7 | 0.1 |
| Deferred Tax Liabilities | 2.1 | 2.2 | 2.9 | 0.1 | 0 | 0 | 0 | 5.3 | 5.9 | 5.0 | 149.6 |
| Other Non-Current Liabilities | (22.5) | (5.7) | 0 | 0.5 | 0.3 | 0.8 | 0.3 | 6.1 | 6.4 | 5.8 | (149.2) |
| Total Non-Current Liabilities | 209.4 | 8.0 | 294.4 | 291.8 | 291.1 | 70.9 | 70.3 | 24.2 | 13.2 | 18.1 | 150.5 |
| Total Liabilities | 336.0 | 339.2 | 325.3 | 334.1 | 326.6 | 98.5 | 89.8 | 47.2 | 33.1 | 43.5 | 155.7 |
| Stockholders' Equity | |||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (400.2) | (389.3) | (430.2) | (386.8) | (362.5) | (314.7) | (262.7) | (239.8) | (204.5) | (187.2) | (133.2) |
| Accumulated Other Comprehensive Income | 2.5 | (1.9) | 0.4 | (1.2) | (0.0) | 0.0 | 0.0 | (0.0) | (0.0) | (0.0) | (0.0) |
| Total Stockholders' Equity | 209.2 | 149.9 | 34.1 | 15.6 | (11.1) | 109.1 | 125.2 | 97.9 | 118.9 | 124.0 | (133.2) |
| Total Liabilities & Equity | 545.2 | 489.1 | 359.4 | 349.7 | 315.5 | 207.6 | 215.0 | 145.1 | 152.0 | 167.5 | 22.5 |
| Debt Metrics | |||||||||||
| Total Debt | 326.7 | 298.5 | 294.6 | 294.4 | 308.5 | 73.5 | 73.5 | 24.9 | 11.3 | 15.1 | 2.2 |
| Net Debt | 278.5 | 252.5 | 199.8 | 274.8 | 184.6 | 49.8 | 6.6 | 7.4 | (8.0) | (18.5) | (4.2) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (10.8) | 40.8 | (43.4) | (24.3) | (51.3) | (51.9) | (23.0) | (35.2) | (17.3) | (1.7) |
| Depreciation & Amortization | 15.0 | 13.6 | 13.6 | 6.0 | 4.6 | 4.5 | 4.8 | 4.5 | 4.0 | 2.9 |
| Stock-Based Compensation | 0 | 56.5 | 48.0 | 42.4 | 40.5 | 25.7 | 18.5 | 11.3 | 7.4 | 2.8 |
| Change in Working Capital | (14.8) | 16.0 | (68.2) | (27.2) | 0.3 | 1.0 | 4.1 | 8.8 | (30.1) | (13.2) |
| Other Non-Cash Items | 69.7 | 1.9 | 1.5 | 3.7 | 12.3 | 3.9 | 0.3 | (0.8) | 0.1 | 0.2 |
| Operating Cash Flow | 58.7 | 128.3 | (49.4) | 0.6 | 6.5 | (16.9) | 4.7 | (11.8) | (35.9) | (9.5) |
| Investing Activities | ||||||||||
| Capital Expenditure | (12.9) | (17.1) | (18.8) | (12.1) | (16.2) | (3.1) | (2.4) | (6.4) | (6.6) | (3.5) |
| Acquisitions | 0 | 0 | (23.4) | 0.3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases of Investments | (202.8) | (202.1) | 0 | (205.7) | (84.4) | (82.7) | (72.4) | (51.7) | (49.1) | (67.1) |
| Sales/Maturities of Investments | 167.6 | 26.6 | 157.8 | 114.8 | 82 | 49.5 | 61.7 | 52.4 | 77.1 | 0 |
| Other Investing Activities | 0 | 0 | (0.0) | 0 | 0 | 0 | 0 | 0.7 | 27.9 | (67.1) |
| Investing Cash Flow | (48.0) | (192.6) | 115.8 | (102.8) | (18.6) | (36.3) | (13.1) | (5.7) | 21.4 | (70.6) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (17.6) | 0 | 0 | (17.6) | 94.8 | (0.3) | 48.6 | 13.0 | (3.9) | (5.1) |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (3.2) | (4.6) | 0 | 0 | (278.4) | 0 | 0 | 2.7 | 4.1 | 0.7 |
| Financing Cash Flow | (8.9) | 15.7 | 8.7 | (2.1) | 112.4 | 9.9 | 57.8 | 15.7 | 0.1 | 103.6 |
| Cash Position | ||||||||||
| Net Change in Cash | 2.2 | (48.7) | 75.2 | (104.3) | 100.3 | (43.3) | 49.4 | (1.8) | (14.4) | 23.5 |
| Cash at Beginning | 46.1 | 94.8 | 19.6 | 123.9 | 23.6 | 66.9 | 17.5 | 19.3 | 33.6 | 10.1 |
| Cash at End | 48.2 | 46.1 | 94.8 | 19.6 | 123.9 | 23.6 | 66.9 | 17.5 | 19.3 | 33.6 |
| Free Cash Flow | 45.9 | 111.2 | (68.2) | (11.4) | (9.8) | (20.0) | 2.3 | (18.1) | (42.4) | (13.0) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||
| Revenue | 361.1 | 366.1 | 307.5 | 257.8 | 190.3 | 138.9 | 152.8 | 122.6 | 125.3 | 112.3 | 78.5 | 63.8 | 55.5 | 31.8 | 20.8 |
| Gross Profit | 187.6 | 188.9 | 152.0 | 137.9 | 99.0 | 65.1 | 74.0 | 58.3 | 64.9 | 59.5 | 41.0 | 33.6 | 28.5 | 14.2 | 11.8 |
| Operating Income | (0.7) | (7.1) | (43.5) | (19.5) | (37.2) | (47.1) | (21.7) | (34.9) | (17.0) | (0.5) | 1.6 | 0.5 | 2.5 | (10.3) | (10.3) |
| Net Income | (10.8) | 40.8 | (43.4) | (24.3) | (51.3) | (51.9) | (23.0) | (35.2) | (17.3) | (1.7) | 0.9 | 0.3 | (11.1) | (11.4) | (9.9) |
| EPS (Diluted) | -0.37 | 1.39 | -1.62 | -0.95 | -2.12 | -2.28 | -1.05 | -1.65 | -0.84 | -0.08 | -0.81 | -0.86 | -0.87 | -0.89 | -0.77 |
| Balance Sheet | |||||||||||||||
| Cash & Equivalents | 48.2 | 46.1 | 94.8 | 19.6 | 123.9 | 23.6 | 66.9 | 17.5 | 19.3 | 33.6 | 6.4 | ||||
| Total Assets | 545.2 | 489.1 | 359.4 | 349.7 | 315.5 | 207.6 | 215.0 | 145.1 | 152.0 | 167.5 | 22.5 | ||||
| Total Debt | 326.7 | 298.5 | 294.6 | 294.4 | 308.5 | 73.5 | 73.5 | 24.9 | 11.3 | 15.1 | 2.2 | ||||
| Stockholders' Equity | 209.2 | 149.9 | 34.1 | 15.6 | (11.1) | 109.1 | 125.2 | 97.9 | 118.9 | 124.0 | (133.2) | ||||
| Cash Flow | |||||||||||||||
| Operating Cash Flow | 58.7 | 128.3 | (49.4) | 0.6 | 6.5 | (16.9) | 4.7 | (11.8) | (35.9) | (9.5) | |||||
| Capital Expenditure | (12.9) | (17.1) | (18.8) | (12.1) | (16.2) | (3.1) | (2.4) | (6.4) | (6.6) | (3.5) | |||||
| Free Cash Flow | 45.9 | 111.2 | (68.2) | (11.4) | (9.8) | (20.0) | 2.3 | (18.1) | (42.4) | (13.0) | |||||