Impinj (PI) Gross Margin (2015 - 2026)
Impinj's (PI) quarterly Gross Margin came in at 49.1% in Q1 2026, down 28.0% year-on-year from 68.2% in Q1 2025, and down 5.13% quarter-over-quarter from 51.76% in Q4 2025.
Impinj (PI) Gross Margin (2015 - 2026) Analysis & Trends
Impinj has disclosed Gross Margin across 12 years of filings, most recently posting 49.1% for Q1 2026.
- Gross Margin for Q1 2026 came in at 49.1%, down 28.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 52.47% (up 76.0% YoY), and the FY2025 annual result was 52.53%, up 94.0% from the prior year.
- Gross Margin came in at 49.1% for Q1 2026 at Impinj, down from 51.76% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 57.83% in Q2 2025 to a low of 47.33% in Q3 2023.
- The 5-year median for Gross Margin is 50.68% (2023), against an average of 51.46%.
- Across the five-year window, Gross Margin soared 557 bps in 2022 and tumbled 750 bps in 2023, its largest moves.
- Impinj's Gross Margin stood at 52.45% in 2022, then fell by 9 bps to 47.94% in 2023, then gained by 5 bps to 50.48% in 2024, then grew by 3 bps to 51.76% in 2025, then decreased by 5 bps to 49.1% in 2026.
- The last three Gross Margin figures came in at 49.1% (Q1 2026), 51.76% (Q4 2025), and 50.31% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,067.76 Bn | 5,024.29 Bn | 61.16 Bn | 74.93% |
| 2 | Broadcom | 1,880.14 Bn | 1,865.96 Bn | 13.16 Bn | 68.13% |
| 3 | Micron Technology | 1,065.25 Bn | 1,050.66 Bn | 17.76 Bn | 74.41% |
| 4 | Taiwan Semiconductor Manufacturing | 994.72 Bn | 897.77 Bn | 23.77 Bn | 66.25% |
| 5 | Advanced Micro Devices | 795.92 Bn | 783.57 Bn | 5.42 Bn | 52.82% |
| 6 | Intel | 560.09 Bn | 540.89 Bn | 5.35 Bn | 39.38% |
| 7 | Texas Instruments | 264.46 Bn | 259.36 Bn | 2.80 Bn | 58.01% |
| 8 | Marvell Technology | 257.66 Bn | 253.82 Bn | 1.26 Bn | 52.15% |
| 9 | Qualcomm | 230.46 Bn | 220.66 Bn | 4.16 Bn | 45.92% |
| 10 | Impinj | 3.91 Bn | 3.78 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% |