---
title: "Impinj | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 74.25 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284689718.md"
datetime: "2026-04-30T04:01:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284689718.md)
  - [en](https://longbridge.com/en/news/284689718.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284689718.md)
---

# Impinj | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 74.25 M

Revenue: As of FY2026 Q1, the actual value is USD 74.25 M, beating the estimate of USD 72.53 M.

EPS: As of FY2026 Q1, the actual value is USD -0.83, missing the estimate of USD -0.46.

EBIT: As of FY2026 Q1, the actual value is USD -17.06 M.

#### First Quarter 2026 Financial Summary

#### Gross Margin

-   GAAP gross margin was 49.1%, a slight decrease from 49.4% in Q1 2025 .
-   Non-GAAP gross margin was 52.4%, down from 52.7% in Q1 2025 .

#### Operating Expenses

-   Total operating expenses were $51.627 million, an increase from $46.250 million in Q1 2025 .
-   Research and development expenses were $28.724 million .
-   Sales and marketing expenses were $9.757 million .
-   General and administrative expenses were $12.609 million .
-   Amortization of intangibles was $0.537 million .

#### Loss from Operations

-   Impinj, Inc. reported a loss from operations of -$15.168 million, compared to -$9.569 million in Q1 2025 .

#### Net Income/Loss

-   GAAP net loss was -$25.3 million, or -$25.261 million, significantly higher than the -$8.451 million net loss in Q1 2025 .
-   Non-GAAP net income was $4.4 million, or $4.398 million, a decrease from $6.304 million in Q1 2025 .

#### Adjusted EBITDA

-   Adjusted EBITDA was $3.4 million, or $3.368 million, down from $6.474 million in Q1 2025 .

#### Cash Flow

-   Net cash provided by operating activities was $3.980 million, a significant improvement from net cash used in operating activities of -$11.143 million in Q1 2025 .
-   Free cash flow was $2.233 million, a positive shift from -$13.006 million in Q1 2025 .

#### Second Quarter 2026 Financial Outlook

Impinj, Inc. projects revenue to be between $103.0 million and $106.0 million for the second quarter of 2026. GAAP net income is expected to range from $7.6 million to $9.1 million, while non-GAAP net income is forecasted between $24.6 million and $26.1 million. Adjusted EBITDA is anticipated to be between $27.8 million and $29.3 million for the same period .

### Related Stocks

- [PI.US](https://longbridge.com/en/quote/PI.US.md)

## Related News & Research

- [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md)
- [GDEV announces results for the first quarter of 2026 | GDEV Stock News](https://longbridge.com/en/news/286909689.md)
- [Financial year ending 31 March 2026 reports final results.](https://longbridge.com/en/news/287166907.md)
- [Gentoo Media publishes Q1 2026 interim report](https://longbridge.com/en/news/287169902.md)
- [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md)