IMPINJ Inc ( (PI) ) has released its Q2 earnings. Here is a breakdown of the information IMPINJ Inc presented to its investors.
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Impinj Inc., a leader in RAIN RFID technology and a pioneer in the Internet of Things sector, specializes in connecting everyday items to the internet to enhance data-driven decision-making for businesses and consumers.
In its latest earnings report for the second quarter of 2025, Impinj Inc. announced strong financial results, surpassing its revenue and adjusted EBITDA guidance. The company reported a revenue of $97.9 million and a GAAP net income of $11.6 million, highlighting its robust performance in the RFID market.
Key financial metrics from the quarter include a GAAP gross margin of 57.8% and a non-GAAP gross margin of 60.4%. The company achieved an adjusted EBITDA of $27.6 million and a non-GAAP net income of $24.5 million, translating to $0.80 per diluted share. These figures underscore Impinj’s successful strategies in maintaining market leadership and expanding platform adoption.
Looking ahead, Impinj’s financial outlook for the third quarter of 2025 anticipates revenue between $91.0 million and $94.0 million, with a non-GAAP net income projected to range from $14.0 million to $15.5 million. Despite a forecasted GAAP net loss, the company remains optimistic about its strategic direction and market opportunities.
Overall, Impinj Inc. demonstrates a steady trajectory of growth and innovation, with management focusing on extending its technological lead and enhancing customer satisfaction, positioning the company for continued success in the evolving IoT landscape.