Impinj (PI) Gross Margin (2015 - 2026)
Impinj (PI) posted Gross Margin of 49.1% for Q1 2026, down 5.13% sequentially from 51.76% in Q4 2025, and down 28.0% YoY from 68.2% in Q1 2025.
Impinj (PI) Gross Margin (2015 - 2026) Analysis & Trends
Impinj (PI) has 12 years of Gross Margin data on file, last reported at 49.1% in Q1 2026.
- Quarterly Gross Margin fell 28.0% year-over-year to 49.1% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 52.47% (up 76.0% YoY) and the FY2025 annual result came in at 52.53%, up 94.0% from the prior year.
- Gross Margin slipped to 49.1% in Q1 2026 per PI's latest filing, from 51.76% in the prior quarter.
- The five-year high for Gross Margin was 57.83% in Q2 2025, with the low at 47.33% in Q3 2023.
- Average Gross Margin over 5 years is 51.46%, with a median of 50.68% recorded in 2023.
- Year-over-year, Gross Margin jumped 557 bps in 2022 and sank 750 bps in 2023.
- Impinj's Gross Margin stood at 52.45% in 2022, then slipped by 9 bps to 47.94% in 2023, then grew by 5 bps to 50.48% in 2024, then gained by 3 bps to 51.76% in 2025, then declined by 5 bps to 49.1% in 2026.
- Business Quant data shows PI's Gross Margin at 49.1% in Q1 2026, 51.76% in Q4 2025, and 50.31% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,798.43 Bn | 4,754.95 Bn | 61.16 Bn | 74.93% |
| 2 | Micron Technology | 1,164.41 Bn | 1,138.39 Bn | 35.06 Bn | 84.56% |
| 3 | Advanced Micro Devices | 882.18 Bn | 869.83 Bn | 5.42 Bn | 52.82% |
| 4 | Intel | 645.64 Bn | 626.45 Bn | 5.35 Bn | 39.38% |
| 5 | Aeluma | 370.26 Bn | 370.22 Bn | 386,000.00 | 31.59% |
| 6 | Arm Holdings | 358.73 Bn | 355.13 Bn | 1.46 Bn | 97.85% |
| 7 | Texas Instruments | 271.25 Bn | 266.15 Bn | 2.80 Bn | 58.01% |
| 8 | Marvell Technology | 239.95 Bn | 236.10 Bn | 1.26 Bn | 52.15% |
| 9 | Qualcomm | 193.93 Bn | 184.13 Bn | 4.16 Bn | 45.92% |
| 10 | Impinj | 4.35 Bn | 4.22 Bn | 36.46 Mn | 49.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 49.10% |
| Dec 31, 2025 | 51.76% |
| Sep 30, 2025 | 50.31% |
| Jun 30, 2025 | 57.83% |
| Mar 31, 2025 | 49.38% |
| Dec 31, 2024 | 50.48% |
| Sep 30, 2024 | 49.97% |
| Jun 30, 2024 | 56.12% |
| Mar 31, 2024 | 48.87% |
| Dec 31, 2023 | 47.94% |
| Sep 30, 2023 | 47.33% |
| Jun 30, 2023 | 50.95% |
| Mar 31, 2023 | 50.68% |
| Dec 31, 2022 | 52.45% |
| Sep 30, 2022 | 54.83% |
| Jun 30, 2022 | 52.68% |
| Mar 31, 2022 | 54.15% |
| Dec 31, 2021 | 55.51% |
| Sep 30, 2021 | 50.92% |
| Jun 30, 2021 | 52.42% |