Earnings Releases·Oct 28, 2026, 4:18 PM ET

Impinj — Third Quarter 2026 Earnings Summary

Q3 2026 revenue reached $112.1 million, up from $96.1 million in Q3 2025, while GAAP net income turned positive at $4.7 million compared to a $12.8 million loss in the prior year period.
Non-GAAP net income rose to $22.1 million ($0.69 per share) from $17.7 million ($0.58 per share) in Q3 2025, with Adjusted EBITDA increasing to $24.5 million from $19.1 million.
Management provided Q4 2026 revenue guidance of $104.0 million to $107.0 million and non-GAAP net income guidance of $17.6 million to $19.1 million, citing record endpoint IC volumes and M800 market strength.
Significant balance sheet improvements included a reduction in total current liabilities to $35.5 million from $126.5 million and a decrease in the current portion of long-term debt to $1.0 million from $96.7 million.
The company retired $103.6 million of 2021 Notes during the nine-month period and generated $52.0 million in free cash flow, up from $32.3 million in the prior year period.