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Impinj Reports First Quarter 2026 Financial Results

Impinj had a total revenue of $74.3 million in Q1 2026.

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By: Rachel Klemovitch

Assistant Editor

Impinj, Inc., a leading RAIN RFID provider and Internet of Things pioneer, released its financial results for the first quarter ended March 31, 2026.

“Our first-quarter results were solid, with revenue and adjusted EBITDA exceeding the top end of our guide range,” said Chris Diorio, Impinj co-founder and CEO. “Endpoint IC bookings hit an all-time record, engendering a strong second-quarter revenue outlook.”

Impinj had a total revenue of $74.3 million in Q1 2026. 

GAAP gross margin was 49.1%, and the non-GAAP gross margin was 52.4%.

Q1 saw a GAAP net loss of $25.3 million, or a loss of $0.83 per diluted share using 30.3 million shares.

The Adjusted EBITDA was $3.4 million in Q1. Non-GAAP net income was $4.4 million, or income of $0.14 per diluted share using 31.0 million shares. 

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