Growth Metrics

Impinj (PI) Operating Margin (2016 - 2025)

Impinj's Operating Margin history spans 11 years, with the latest figure at 4.58% for Q4 2025.

  • For Q4 2025, Operating Margin fell 1776.0% year-over-year to 4.58%; the TTM value through Dec 2025 reached 0.63%, down 299.0%, while the annual FY2025 figure was 0.63%, 299.0% down from the prior year.
  • Operating Margin for Q4 2025 was 4.58% at Impinj, down from 0.68% in the prior quarter.
  • Across five years, Operating Margin topped out at 13.18% in Q4 2024 and bottomed at 27.38% in Q3 2021.
  • The 5-year median for Operating Margin is 11.31% (2023), against an average of 8.67%.
  • The largest annual shift saw Operating Margin skyrocketed 4390bps in 2021 before it crashed -2180bps in 2023.
  • A 5-year view of Operating Margin shows it stood at 14.62% in 2021, then surged by 101bps to 0.07% in 2022, then crashed by -28826bps to 21.0% in 2023, then skyrocketed by 163bps to 13.18% in 2024, then plummeted by -135bps to 4.58% in 2025.
  • Per Business Quant, the three most recent readings for PI's Operating Margin are 4.58% (Q4 2025), 0.68% (Q3 2025), and 11.11% (Q2 2025).