Impinj Reports Q1 2026 Earnings with Revenue and Profitability Guidance
Impinj reported Q1 2026 revenue of $74.3 million, flat year-over-year but down 20% quarter-over-quarter, with adjusted EBITDA of $3.4 million. The company guided for Q2 revenue of $103–106 million and significantly higher profitability, driven by a $17 million license payment. Key factors include record endpoint IC bookings and a large North American supply chain customer's custom ASIC ramp.
Tickers: $PI
Topics: ASIC Ramp Earnings Market Share Profitability Revenue Stock Performance