Impinj (PI) Return on Invested Capital [ROIC] (2016 - 2026)
Impinj's Return on Invested Capital [ROIC] came in at -1.46% for Q2 2026, down 0.83 percentage points from -0.63% a year earlier and down 0.10 percentage points from the prior quarter.
Impinj (PI) Return on Invested Capital [ROIC] (2016 - 2026) Analysis & Trends
For FY2025, Impinj's Return on Invested Capital [ROIC] was -0.16%, up 1.72 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of +27.55 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was -1.88% in FY2024 (+12.23 pp), -14.11% in FY2023 (-7.31 pp), -6.80% in FY2022 (+10.10 pp) and -16.90% in FY2021 (+10.81 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Invested Capital [ROIC] since Q4 2024.
- Year-over-year, Return on Invested Capital [ROIC] increased in six of the last eight quarters, with an average year-over-year change of +5.23 percentage points.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q1 2022 (a gain of 18.00 percentage points), and the weakest in Q1 2024 (a drop of 9.03 percentage points).
- Business Quant data shows PI's Return on Invested Capital [ROIC] at -1.35% (Q1 2026), -0.15% (Q4 2025) and -0.34% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,757.49 Bn | 5,531.65 Bn | 72.14 Bn | 71.14% |
| 2 | Taiwan Semiconductor Manufacturing | 2,520.17 Bn | 2,145.88 Bn | 27.22 Bn | 33.02% |
| 3 | Broadcom | 1,730.62 Bn | 1,656.67 Bn | 20.46 Bn | 25.97% |
| 4 | Micron Technology | 1,201.21 Bn | 1,139.97 Bn | 35.06 Bn | 53.54% |
| 5 | Advanced Micro Devices | 1,031.02 Bn | 987.76 Bn | 6.20 Bn | 8.03% |
| 6 | Asml Holding | 716.82 Bn | 672.66 Bn | 5.90 Bn | - |
| 7 | Intel | 585.95 Bn | 470.68 Bn | 6.51 Bn | -0.05% |
| 8 | Lam Research | 432.69 Bn | 409.49 Bn | 3.48 Bn | 47.24% |
| 9 | Applied Materials | 430.35 Bn | 395.79 Bn | 4.59 Bn | 25.26% |
| 10 | Impinj | 5.66 Bn | 5.03 Bn | 63.53 Mn | -1.46% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.46% |
| Mar 31, 2026 | -1.35% |
| Dec 31, 2025 | -0.15% |
| Sep 30, 2025 | -0.34% |
| Jun 30, 2025 | -0.63% |
| Mar 31, 2025 | -0.99% |
| Dec 31, 2024 | -1.65% |
| Sep 30, 2024 | -4.42% |
| Jun 30, 2024 | -8.69% |
| Mar 31, 2024 | -13.88% |
| Dec 31, 2023 | -13.65% |
| Sep 30, 2023 | -8.91% |
| Jun 30, 2023 | -4.60% |
| Mar 31, 2023 | -4.84% |
| Dec 31, 2022 | -6.74% |
| Sep 30, 2022 | -9.90% |
| Jun 30, 2022 | -13.75% |
| Mar 31, 2022 | -13.47% |
| Dec 31, 2021 | -16.53% |
| Sep 30, 2021 | -25.39% |
Impinj Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=PI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=PI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();