Quarterly ResultApr 29, 2026, 04:44 PM
Impinj Q1 Revenue $74.3M; Non-GAAP EPS $0.14; Record Bookings
AI Summary
Impinj, Inc. reported solid first-quarter 2026 financial results, with revenue reaching $74.3 million and adjusted EBITDA at $3.4 million, both exceeding the top end of their guidance range. The company achieved a GAAP net loss of $25.3 million, or $0.83 per diluted share, while non-GAAP net income was $4.4 million, or $0.14 per diluted share. Notably, Endpoint IC bookings reached an all-time record, leading to a strong revenue outlook for the second quarter of 2026.
Key Highlights
- Revenue of $74.3 million for Q1 2026
- GAAP gross margin of 49.1%; non-GAAP gross margin of 52.4%
- GAAP net loss of $25.3 million, or $0.83 per diluted share
- Adjusted EBITDA of $3.4 million
- Non-GAAP net income of $4.4 million, or $0.14 per diluted share
- Endpoint IC bookings hit an all-time record
- Strong second-quarter revenue outlook provided