Impinj Reports Q1 2026 Earnings with Revenue Decline and Mixed Financial Performance
Impinj (PI) reported Q1 2026 earnings with revenue of $74.3 million, down 20% sequentially and flat year-over-year. Endpoint IC revenue exceeded internal expectations, while systems revenue declined significantly. The company also saw a drop in gross margin and adjusted EBITDA, though non-GAAP net income was positive.
Tickers: $PI
Topics: Earnings EBITDA Financial Performance Inventory Margin Net Loss Operating Expenses Revenue