IMPINJ INC
For the period ended Mar 31, 2026. Filed Apr 29, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed Apr 29, 2026
PI$171.81-1.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations
(in thousands, except per share data, unaudited)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Revenue | $74,250 | $74,277 |
| Cost of revenue | 37,791 | 37,596 |
| Gross profit | 36,459 | 36,681 |
| Operating expenses: | ||
| Research and development | 28,724 | 25,314 |
| Sales and marketing | 9,757 | 8,055 |
| General and administrative | 12,609 | 12,396 |
| Amortization of intangibles | 537 | 485 |
| Total operating expenses | 51,627 | 46,250 |
| Loss from operations | (15,168) | (9,569) |
| Other income, net | 2,666 | 2,060 |
| Induced conversion expense | (11,938) | — |
| Interest expense | (773) | (1,223) |
| Loss before income taxes | (25,213) | (8,732) |
| Income tax benefit (expense) | (48) | 281 |
| Net loss | $(25,261) | $(8,451) |
| Net loss per share — basic | $(0.83) | $(0.30) |
| Net loss per share — diluted | $(0.83) | $(0.30) |
| Weighted-average shares outstanding — basic | 30,292 | 28,639 |
| Weighted-average shares outstanding — diluted | 30,292 | 28,639 |
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