Impinj Q1 revenue beats analyst expectations

Impinj

29/04/2026 21:26

Overview

US RAIN RFID provider's Q1 revenue beat analyst expectations

Adjusted EPS for Q1 was $0.14; company posted a GAAP net loss

Company cited record endpoint IC bookings and strong Q2 revenue outlook

Outlook

Impinj sees Q2 2026 revenue between $103 mln and $106 mln

Company expects Q2 2026 non-GAAP net income of $24.6 mln to $26.1 mln

Impinj forecasts Q2 2026 non-GAAP EPS of $0.77 to $0.82

Result Drivers

RECORD ENDPOINT IC BOOKINGS - Co said all-time high in endpoint IC bookings supported Q1 results and contributed to strong Q2 revenue outlook

Company press release: ID:nBwbS3NtVa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$74.25 mln
$72.46 mln (7 Analysts)
Q1 Net Income
-$25.26 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductors peer group is "buy"

Wall Street's median 12-month price target for Impinj Inc is $172.50, about 45.2% above its April 28 closing price of $118.80

The stock recently traded at 52 times the next 12-month earnings vs. a P/E of 61 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)