Growth Metrics

Impinj (PI) Gross Margin (2016 - 2025)

Impinj's Gross Margin history spans 11 years, with the latest figure at 51.76% for Q4 2025.

  • For Q4 2025, Gross Margin rose 128.0% year-over-year to 51.76%; the TTM value through Dec 2025 reached 52.53%, up 94.0%, while the annual FY2025 figure was 52.53%, 94.0% up from the prior year.
  • Gross Margin for Q4 2025 was 51.76% at Impinj, up from 50.31% in the prior quarter.
  • Across five years, Gross Margin topped out at 57.83% in Q2 2025 and bottomed at 47.33% in Q3 2023.
  • The 5-year median for Gross Margin is 50.94% (2023), against an average of 51.66%.
  • The largest annual shift saw Gross Margin soared 773bps in 2021 before it tumbled -750bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 55.51% in 2021, then fell by -6bps to 52.45% in 2022, then dropped by -9bps to 47.94% in 2023, then increased by 5bps to 50.48% in 2024, then increased by 3bps to 51.76% in 2025.
  • Per Business Quant, the three most recent readings for PI's Gross Margin are 51.76% (Q4 2025), 50.31% (Q3 2025), and 57.83% (Q2 2025).