--- title: "Impinj | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 108.37 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/294257842.md" datetime: "2026-07-29T20:37:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294257842.md) - [en](https://longbridge.com/en/news/294257842.md) - [zh-HK](https://longbridge.com/zh-HK/news/294257842.md) --- # Impinj | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 108.37 M Revenue: As of FY2026 Q2, the actual value is USD 108.37 M, beating the estimate of USD 104.6 M. EPS: As of FY2026 Q2, the actual value is USD 0.39. EBIT: As of FY2026 Q2, the actual value is USD 12.76 M. Impinj, Inc. reported strong financial results for the second quarter ended June 30, 2026, setting new quarterly records for revenue, adjusted EBITDA, and non-GAAP earnings-per-share. #### Second Quarter 2026 Financial Summary For the second quarter ended June 30, 2026, Impinj, Inc. reported revenue of $108.4 million. GAAP gross margin was 58.6%, and non-GAAP gross margin reached 60.9%. GAAP net income was $12.2 million, while non-GAAP net income was $27.0 million. Adjusted EBITDA stood at $30.7 million. #### Operational Metrics (Three Months Ended June 30, 2026 vs. 2025) Revenue increased to $108,371 thousand in 2026 from $97,894 thousand in 2025. Cost of revenue was $44,838 thousand in 2026, up from $41,281 thousand in 2025. Gross profit rose to $63,533 thousand in 2026 compared to $56,613 thousand in 2025. Total operating expenses were $53,029 thousand in 2026, an increase from $45,739 thousand in 2025. This included research and development expenses of $29,262 thousand in 2026 (up from $24,652 thousand in 2025), sales and marketing expenses of $9,829 thousand in 2026 (up from $8,738 thousand in 2025), general and administrative expenses of $13,404 thousand in 2026 (up from $11,828 thousand in 2025), and amortization of intangibles of $534 thousand in 2026 (up from $521 thousand in 2025). Income from operations was $10,504 thousand in 2026, a slight decrease from $10,874 thousand in 2025. Other income, net, was $2,255 thousand in 2026 compared to $2,053 thousand in 2025. Interest expense was -$631 thousand in 2026, an improvement from -$1,225 thousand in 2025. Income before income taxes increased to $12,128 thousand in 2026 from $11,702 thousand in 2025. Net income for the quarter was $12,220 thousand in 2026, up from $11,553 thousand in 2025. #### Operational Metrics (Six Months Ended June 30, 2026 vs. 2025) Revenue for the six months ended June 30, 2026, was $182,621 thousand, an increase from $172,171 thousand in 2025. Cost of revenue was $82,629 thousand in 2026, compared to $78,877 thousand in 2025. Gross profit increased to $99,992 thousand in 2026 from $93,294 thousand in 2025. Total operating expenses for the six-month period were $104,656 thousand in 2026, up from $91,989 thousand in 2025. Income from operations was -$4,664 thousand in 2026, compared to $1,305 thousand in 2025. Other income, net, was $4,921 thousand in 2026, up from $4,113 thousand in 2025. Induced conversion expense was -$11,938 thousand in 2026, with no comparable figure in 2025. Interest expense was -$1,404 thousand in 2026, an improvement from -$2,448 thousand in 2025. Income before income taxes was -$13,085 thousand in 2026, compared to $2,970 thousand in 2025. Net income for the six months was -$13,041 thousand in 2026, compared to $3,102 thousand in 2025. #### Cash Flow (Six Months Ended June 30, 2026 vs. 2025) Net cash provided by operating activities was $35,584 thousand in 2026, significantly higher than $22,717 thousand in 2025. Purchases of property and equipment amounted to -$4,166 thousand in 2026, an improvement from -$8,403 thousand in 2025. Free cash flow increased to $31,418 thousand in 2026 from $14,314 thousand in 2025. #### Third Quarter 2026 Financial Outlook Impinj, Inc. projects revenue for the third quarter of 2026 to be between $105.5 million and $108.5 million. The company anticipates GAAP net income to range from $2.2 million to $3.7 million, with adjusted EBITDA forecasted between $20.7 million and $22.2 million. Non-GAAP net income is expected to be between $18.5 million and $20.0 million, corresponding to a non-GAAP net income per share of $0.59 to $0.63. ### Related Stocks - [PI.US](https://longbridge.com/en/quote/PI.US.md) ## Related News & Research - [Impinj CFO Cary Baker sells 1,429 shares worth $264,365](https://longbridge.com/en/news/295708299.md) - [Analog Devices Earnings: What To Look For From ADI](https://longbridge.com/en/news/296169914.md) - [Flexsteel Q4 2026 Earnings Preview](https://longbridge.com/en/news/296031749.md) - [FN: Record revenue and EPS growth in Q4 and FY26, with strong outlook for Q1 FY27](https://longbridge.com/en/news/296142824.md) - [Is SharkNinja (SN) Fully Priced As HydraSense Opens A New Growth Question?](https://longbridge.com/en/news/296139813.md)