What is Impinj, Inc. (PI) stock price today?

Impinj, Inc. (PI) is currently trading at $183.37, down 4.01% today.

What is PI P/E ratio?

Impinj, Inc.'s P/E ratio is -208.98. This is below the market average, suggesting the stock may be undervalued relative to earnings.

What is PI return on equity (ROE)?

Impinj, Inc.'s return on equity (ROE) is -12.86%, indicating how efficiently the company generates profit from shareholders' equity. This is below the typical market average of 12-15%.

What is Impinj, Inc.'s market cap?

Impinj, Inc. has a market capitalization of $5.60B.

NASDAQ · Communication Equipment

Impinj, Inc. (PI) Stock

$183.37 -4.01% NASDAQ: PI Technology

Valuation

Metric	Value
Price	$183.37
Market Cap	$5.60B
P/E Ratio	-208.98
P/B Ratio	24.97
P/S Ratio	15.60
EPS (TTM)	$-0.37
52-Week High	$192.93
52-Week Low	$0.07
Dividend Yield	0.00%

Financials & Margins

Metric	Value
ROE	-12.86%
ROA	-5.05%
ROCE	-1.52%
Gross Margin	-0.28%
Operating Margin	-0.28%
Net Margin	-7.26%
Debt/Equity	1.15
Current Ratio	2.67

Annual Financials (USD)

Metric	2021	2022	2023	2024	2025
Revenue	$190.0M	$258.0M	$308.0M	$366.0M	$361.0M
Operating Profit	$-37.0M	$-19.0M	$-43.0M	$-7.0M	$-1.0M
Net Profit	$-51.0M	$-24.0M	$-43.0M	$41.0M	$-11.0M
EPS	$-2.12	$-0.95	$-1.62	$1.39	$-0.37
Op Margin	-19.6%	-7.6%	-14.1%	-1.9%	-0.2%

Balance Sheet (USD)

Metric	2021	2022	2023	2024	2025
Total Assets	$316.0M	$350.0M	$359.0M	$489.0M	$545.0M
Total Liabilities	$327.0M	$334.0M	$325.0M	$339.0M	$336.0M
Cash	$124.0M	$20.0M	$95.0M	$46.0M	$48.0M
Borrowings	$309.0M	$294.0M	$295.0M	$299.0M	$327.0M

Latest News

PI: Lowering target price to $129.00 Argus Research · Jul 22, 2026 Impinj (PI): Buy, Sell, or Hold Post Q1 Earnings? StockStory · Jul 15, 2026 Impinj (PI) Sets Q2 2026 Results Date, Is The Stock Expensive? Simply Wall St. · Jul 7, 2026 Texas Instruments and Impinj Stocks Trade Up, What You Need To Know StockStory · Jul 6, 2026 Impinj to Announce Second-Quarter 2026 Financial Results Business Wire · Jul 6, 2026

Cash Flow (USD)

Metric	2021	2022	2023	2024	2025
Operating Cash Flow	$6.0M	$1.0M	$-49.0M	$128.0M	$59.0M
Investing Cash Flow	$-35.0M	$-115.0M	$97.0M	$-210.0M	$-61.0M
Financing Cash Flow	$-278.0M	$0	$0	$-5.0M	$-3.0M
Net Cash Flow	$100.0M	$-104.0M	$75.0M	$-49.0M	$2.0M
Free Cash Flow	$-10.0M	$-11.0M	$-68.0M	$111.0M	$46.0M

Ownership

Insiders Held2.78%

Institutions Held107.86%

Institutions Float Held110.94%

Institutional Holder	Shares	Report Date
Blackrock Inc.	4,313,504	2026-03-31
FMR, LLC	4,280,553	2026-03-31
Vanguard Portfolio Management LLC	2,140,158	2026-03-31
State Street Corporation	1,484,868	2026-03-31
Capital International Investors	1,352,380	2026-03-31

About Impinj, Inc.

Impinj, Inc. (PI) stock trades at $183.37 with a market capitalization of $5.60B. The stock is valued at a price-to-earnings (P/E) ratio of -208.98, price-to-book of 24.97, price-to-sales of 15.60. Over the past 52 weeks the stock has ranged between $0.07 and $192.93, and currently trades 5.0% below its 52-week high.

On profitability, Impinj, Inc. generates a return on equity (ROE) of -12.86%, return on capital employed of -1.52%, an operating margin of -0.28%, a net profit margin of -7.26%.