IMPINJ INC reported second-quarter 2026 results with revenue of $108.4M, up from $97.9M a year earlier, and net income of $12.2M. Diluted earnings per share were $0.39, unchanged from Q2 2025.
Financial Highlights
- Revenue: $108.4M for Q2 2026, compared with $97.9M in Q2 2025; YoY change 10.7%.
- Net income: $12.2M for Q2 2026, compared with $11.6M in Q2 2025; YoY change 5.8%.
- Diluted EPS: $0.39 for Q2 2026, compared with $0.39 in Q2 2025; YoY change 0%.
Business Highlights
- Revenue growth was driven by higher Endpoint IC revenue, with an approximate $10.5M increase for Q2 and year-to-date periods.
- Channel mix remained weighted to partner and distributor sales; endpoint ICs continued to dominate as systems revenue declined.
- Product mix shifted toward M800 endpoint ICs, which supported an improved gross margin despite lower average selling prices.
- Company increased investment in R&D, sales & marketing, and G&A to support new product development and go-to-market efforts.
- Seasonal demand patterns and inventory variability continued to affect lead times and shipment timing.
Original SEC Filing:
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