Impinj (MEX:PI) Net Margin %: -34.02% (As of Mar. 2026)


MEX:PI Impinj Inc MEX:PI
55 GF Score
Price MXN2,746.55
GF Value MXN2,139.47
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Impinj Net Margin %?

Impinj MEX:PI 55 Net Margin % is -34.02% as of Mar. 2026. GuruFocus rates MEX:PI with a GF Score™ of 55/100 and a GF Value™ of MXN2,139.47 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,023 Semiconductors companies, Impinj ranks worse than 73.51% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Impinj's Net Income for the three months ended in Mar. 2026 was MXN-456 Mil. Impinj's Revenue for the three months ended in Mar. 2026 was MXN1,339 Mil. Therefore, Impinj's net margin for the quarter that ended in Mar. 2026 was -34.02%.

The historical rank and industry rank for Impinj's Net Margin % or its related term are showing as below:

MEX:PI' s Net Margin % Range Over the Past 10 Years
Min: -37.38   Med: -13.96   Max: 11.16
Current: -7.66


MEX:PI's Net Margin % is ranked worse than
73.51% of 1023 companies
in the Semiconductors industry
Industry Median: 4.17 vs MEX:PI: -7.66

Impinj  (MEX:PI) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Impinj Net Margin % Related Terms


Impinj Net Margin % Historical Data

* Premium members only.

The historical data trend for Impinj's Net Margin % 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 Net Margin % Chart

Impinj Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.94 -9.43 -14.10 11.16 -3.00

Impinj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % 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 -11.38 11.80 -13.34 -1.23 -34.02

MEX:PI vs POWI, DIOD, LASR: Net Margin % Comparison

For the Semiconductors subindustry, Impinj's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Impinj's Net Margin % distribution charts can be found below:

* The bar in red indicates where Impinj's Net Margin % falls into.


MEX:PI
55GF Score
Impinj Inc MEX:PI
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Impinj Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Impinj's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-195.308/6501.408
=-3.00 %

Impinj's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-455.524/1338.928
=-34.02 %

* 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 Net Margin % →
What does a Net Margin % of -34.02% mean?
Impinj (MEX:PI) has a Net Margin % of -34.02% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Impinj and its competitors. According to the industry distribution chart, Impinj ranks #752 out of 1023 companies in the Semiconductors industry, placing it in the top 73.5%.
Is Impinj's Net Margin % too high?
Impinj's current Net Margin % is -34.02%. Based on the distribution chart, Impinj ranks #752 out of 1023 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Impinj has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Impinj's Net Margin % compare to POWI and DIOD?
According to the Semiconductors industry distribution chart, Impinj ranks #752 out of 1023 companies for Net Margin %. This places Impinj in the lower half of its industry. The industry median Net Margin % is 4.17. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Semiconductors company?
The median Net Margin % among Semiconductors companies is 4.17, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Impinj and its competitors. For the Semiconductors industry, the median Net Margin % is 4.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impinj's current Net Margin % is -34.02%. 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 Modestly Overvalued. 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 Net Margin % is -34.02%. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Impinj (MEX:PI), the current Net Margin % is -34.02% 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 Modestly Overvalued.

Key valuation signals for MEX:PI:

  • Net Margin %: -34.02%
  • 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

Net Margin % 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