Impinj (PI) Gross Margin (2015 - 2026)
Impinj's Gross Margin came in at 52.75% for Q3 2026, up 2.44 percentage points from 50.31% a year earlier but down 5.87 percentage points from the prior quarter.
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Analysis
Impinj (PI) Gross Margin (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Impinj reported Gross Margin of 53.46%, up 1.25 percentage points year-over-year; for FY2025, it was 52.53%, up 0.94 percentage points from FY2024.
- Gross Margin carries a five-year change of +5.64 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 51.59% in FY2024 (+2.17 pp), 49.42% in FY2023 (-4.07 pp), 53.48% in FY2022 (+1.48 pp) and 52.00% in FY2021 (+5.11 pp).
- The five-year range for quarterly Gross Margin is 47.33% (Q3 2023) to 58.63% (Q2 2026).
- Year-over-year, Gross Margin increased in seven of the last eight quarters, with an average year-over-year change of +1.17 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2021 (a gain of 7.73 percentage points), and the weakest in Q3 2023 (a drop of 7.50 percentage points).
- Business Quant data shows PI's Gross Margin at 58.63% (Q2 2026), 49.10% (Q1 2026) and 51.76% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,921.46 Bn | 4,695.62 Bn | 72.14 Bn | 74.98% |
| 2 | Taiwan Semiconductor Manufacturing | 2,095.29 Bn | 1,720.15 Bn | 27.22 Bn | 67.72% |
| 3 | Broadcom | 1,543.66 Bn | 1,469.70 Bn | 20.46 Bn | 69.13% |
| 4 | Micron Technology | 988.36 Bn | 893.99 Bn | 47.05 Bn | 86.76% |
| 5 | Advanced Micro Devices | 817.26 Bn | 774.00 Bn | 6.20 Bn | 53.77% |
| 6 | Asml Holding | 606.18 Bn | 561.86 Bn | 5.90 Bn | 51.98% |
| 7 | Intel | 330.29 Bn | 330.29 Bn | 7.10 Bn | - |
| 8 | Applied Materials | 307.60 Bn | 273.04 Bn | 4.59 Bn | 50.31% |
| 9 | Lam Research | 297.52 Bn | 273.57 Bn | 4.30 Bn | 52.30% |
| 10 | Impinj | 5.45 Bn | 4.90 Bn | 59.13 Mn | 52.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 52.75% |
| Jun 30, 2026 | 58.63% |
| 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% |
API Access
Impinj Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=PI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=PI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();