Impinj (MEX:PI) EBIT: MXN-443 Mil (TTM As of Mar. 2026)


MEX:PI Impinj Inc MEX:PI
55 GF Score
Price MXN2,746.55
GF Value MXN2,139.47
Valuation Fairly Valued
! 3 Warning Signs
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What is Impinj EBIT?

Impinj MEX:PI 55 EBIT is MXN-443 Mil as of Mar. 2026. GuruFocus rates MEX:PI with a GF Score™ of 55/100 and a GF Value™ of MXN2,139.47 (Fairly Valued). The stock has 3 warning signs investors should review.

Impinj's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was MXN-450 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-443 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Impinj's annualized ROC % for the quarter that ended in Mar. 2026 was -17.24%. Impinj's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -48.44%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Impinj's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -0.63%.


Impinj  (MEX:PI) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Impinj's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-1094.08 * ( 1 - 0% )/( (6348.307 + 6345.545)/ 2 )
=-1094.08/6346.926
=-17.24 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9816.456 - 311.102 - ( 3157.047 - max(0, 2278.189 - 6107.84+3157.047))
=6348.307

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=9061.865 - 338.907 - ( 2377.413 - max(0, 586.063 - 5392.463+2377.413))
=6345.545

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Impinj's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1800.096/( ( (1281.754 + max(2428.538, 0)) + (1265.391 + max(2456.415, 0)) )/ 2 )
=-1800.096/( ( 3710.292 + 3721.806 )/ 2 )
=-1800.096/3716.049
=-48.44 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1274.533 + 1529.782 + 146.478) - (311.102 + 32.248 + 178.905)
=2428.538

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1304.738 + 1556.222 + 154.09) - (338.907 + 24.488 + 195.24)
=2456.415

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Impinj's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-442.777/70782.641
=-0.63 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Impinj EBIT Related Terms


Impinj EBIT Historical Data

* Premium members only.

The historical data trend for Impinj's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Impinj EBIT Chart

Impinj Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,007.75 -405.44 -686.64 922.43 -141.58

Impinj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -162.09 235.57 -224.18 -4.14 -450.02

MEX:PI vs POWI, DIOD, LASR: EBIT Comparison

For the Semiconductors subindustry, Impinj's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Impinj EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Impinj's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Impinj's EV-to-EBIT falls into.


MEX:PI
55GF Score
Impinj Inc MEX:PI
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Impinj EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-443 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of MXN-443 Mil mean?
Impinj (MEX:PI) has a EBIT of MXN-443 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Impinj.
Is Impinj's EBIT too high?
Impinj's current EBIT is MXN-443 Mil. Overall, Impinj has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Impinj's EBIT compare to POWI and DIOD?
Impinj's EBIT of MXN-443 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Semiconductors company?
A good EBIT depends on the Semiconductors industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Impinj. Impinj's current EBIT is MXN-443 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impinj stock overvalued right now?
Based on GuruFocus' analysis, Impinj (MEX:PI) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,139.47, compared to a current price of MXN2,746.55 — trading 28.4% above its estimated fair value. The current EBIT is MXN-443 Mil. Impinj's overall GF Score™ is 55/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Impinj (MEX:PI), the current EBIT is MXN-443 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Impinj (MEX:PI) Overvalued in 2026?

Based on GuruFocus' analysis, Impinj stock appears to be overvalued. The current stock price of MXN2,746.55 is trading 28.4% above its estimated GF Value™ of MXN2,139.47. GuruFocus considers Impinj to be Fairly Valued.

Key valuation signals for MEX:PI:

  • EBIT: MXN-443 Mil
  • GF Value™: MXN2,139.47 vs. price of MXN2,746.55 (28.4% above fair value)
  • GF Score™: 55/100 with 3 warning signs

No single metric tells the full story. See the MEX:PI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Impinj Business Description

Address 400 Fairview Avenue North, Suite 1200, Seattle, WA, USA, 98109
Impinj Inc operates a platform that enables wireless connectivity to everyday items by delivering each item's identity, location, and authenticity to business and consumer applications. Its platform includes endpoint integrated circuits (ICs) product, a miniature radios-on-a-chip, which attach to and identify their host items; and connectivity layer that comprises readers, gateways, and reader ICs to wirelessly identify, locate, authenticate, and engage endpoints via RAIN, as well as provide power to and communicate bidirectionally with endpoint ICs. Geographically, the company has a business presence in the Americas, Asia Pacific, Europe, Middle East and Africa, of which key revenue is derived from the operations in the Asia Pacific region.
55GF Score

Get the complete analysis for MEX:PI

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,746.55
Price
MXN2,139.47
GF Value