Growth Metrics

Impinj (PI) Gross Margin (2016 - 2026)

Impinj's Gross Margin history spans 12 years, with the latest figure at 49.1% for Q1 2026.

  • On a quarterly basis, Gross Margin fell 28.0% to 49.1% in Q1 2026 year-over-year; TTM through Mar 2026 was 52.47%, a 76.0% increase, with the full-year FY2025 number at 52.53%, up 94.0% from a year prior.
  • Gross Margin hit 49.1% in Q1 2026 for Impinj, down from 51.76% in the prior quarter.
  • Over the last five years, Gross Margin for PI hit a ceiling of 57.83% in Q2 2025 and a floor of 47.33% in Q3 2023.
  • Historically, Gross Margin has averaged 51.46% across 5 years, with a median of 50.68% in 2023.
  • Biggest five-year swings in Gross Margin: surged 557bps in 2022 and later crashed -750bps in 2023.
  • Tracing PI's Gross Margin over 5 years: stood at 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, then fell by -5bps to 49.1% in 2026.
  • Business Quant data shows Gross Margin for PI at 49.1% in Q1 2026, 51.76% in Q4 2025, and 50.31% in Q3 2025.