Impinj, Inc. filed its quarterly report on Form 10-Q with the SEC for the fiscal quarter ended September 30, 2026, disclosing quarterly revenue of $112.1 million and a return to net income after a net loss in the prior-year period.

Key Highlights

  • Quarterly revenue: Impinj reported revenue of $112,083 thousand for the three months ended September 30, 2026, compared to $96,055 thousand in the same period of 2025.
  • Quarterly net income: The company reported net income of $4,677 thousand ($0.15 per basic and diluted share) for Q3 2026, versus a net loss of $12,810 thousand ($0.44 per share) in Q3 2025.
  • Nine-month net loss: For the nine months ended September 30, 2026, the company reported a net loss of $8,364 thousand, compared to a net loss of $9,708 thousand in the same period of 2025.
  • Induced conversion expense: The filing records an induced conversion expense of $1,793 thousand for Q3 2026 and $13,731 thousand for the nine months ended September 30, 2026.
  • Total assets: Total assets stood at $548,112 thousand as of September 30, 2026, up from $545,186 thousand at December 31, 2025.
  • Shares outstanding: As of October 16, 2026, 30,859,581 shares of common stock were outstanding.
  • Convertible notes: The company disclosed $190.0 million aggregate principal amount of 0% convertible senior notes due 2029, referred to as the 2025 Notes.

Impinj Q3 2026 Financial Results: Revenue Growth and Return to Quarterly Profitability

According to the filing, Impinj (NASDAQ:PI) reported revenue of $112,083 thousand for the three months ended September 30, 2026, an increase from $96,055 thousand in the three months ended September 30, 2025. Gross profit for the quarter was $59,129 thousand, compared to $48,328 thousand in the prior-year quarter. For the nine-month period, revenue totaled $294,704 thousand versus $268,226 thousand in the first nine months of 2025.

The company disclosed income from operations of $4,591 thousand for Q3 2026, compared to $656 thousand in Q3 2025. For the nine months ended September 30, 2026, the filing reported a loss from operations of $73 thousand. Total operating expenses for the quarter were $54,538 thousand, including research and development costs of $30,581 thousand, sales and marketing of $10,271 thousand, and general and administrative expenses of $13,175 thousand. An induced conversion expense of $1,793 thousand for the quarter and $13,731 thousand for the nine-month period was also recorded, according to the filing.

On the balance sheet, the filing shows total assets of $548,112 thousand and total stockholders' equity of $302,331 thousand as of September 30, 2026, compared to stockholders' equity of $209,231 thousand at December 31, 2025. The accumulated deficit stood at $408,524 thousand. Long-term debt was reported at $185,311 thousand, with the current portion of long-term debt reduced to $995 thousand from $96,745 thousand at year-end 2025. The company also disclosed 30,860 thousand shares of common stock issued and outstanding as of September 30, 2026, up from 30,222 thousand at December 31, 2025.

What Was Disclosed

Impinj filed its Form 10-Q for the quarter ended September 30, 2026, reporting quarterly revenue of $112,083 thousand, net income of $4,677 thousand, total assets of $548,112 thousand, and an accumulated deficit of $408,524 thousand, along with updates on its convertible notes and operating results.