Impinj, Inc. releases its financial results for the third quarter ended September 30, 2025.

Third Quarter 2025 Financial Summary

• Revenue of $96.1 million

• GAAP gross margin of 50.3%; non-GAAP gross margin of 53.0%

• GAAP net loss of $12.8 million, or loss of $0.44 per diluted share using 29.3 million shares

• Adjusted EBITDA of $19.1 million

• Non-GAAP net income of $17.7 million, or income of $0.58 per diluted share using 32.7 million shares

“Our third-quarter results were strong, with revenue and adjusted EBITDA exceeding our guidance,” said Chris Diorio, Impinj co-founder and CEO. “Our solutions and Gen2X focus continue paying dividends in revenue, adjusted EBITDA, recurring endpoint IC volumes and market leadership. As we continue driving our bold vision, I remain confident in our market position and energized by the opportunities ahead.”