Impinj (MEX:PI) Pretax Margin %: -33.96% (As of Mar. 2026)


MEX:PI Impinj Inc MEX:PI
55 GF Score
Price MXN2,746.55
GF Value MXN2,639.87
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Impinj Pretax Margin %?

Impinj MEX:PI 55 Pretax Margin % is -33.96% as of Mar. 2026. GuruFocus rates MEX:PI with a GF Score™ of 55/100 and a GF Value™ of MXN2,639.87 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,023 Semiconductors companies, Impinj ranks worse than 73.12% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Impinj's Pre-Tax Income for the three months ended in Mar. 2026 was MXN-455 Mil. Impinj's Revenue for the three months ended in Mar. 2026 was MXN1,339 Mil. Therefore, Impinj's pretax margin for the quarter that ended in Mar. 2026 was -33.96%.

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

MEX:PI' s Pretax Margin % Range Over the Past 10 Years
Min: -37.31   Med: -14.06   Max: 11.2
Current: -7.59


MEX:PI's Pretax Margin % is ranked worse than
73.12% of 1023 companies
in the Semiconductors industry
Industry Median: 5.08 vs MEX:PI: -7.59

Impinj  (MEX:PI) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Impinj Pretax Margin % Related Terms


Impinj Pretax Margin % Historical Data

* Premium members only.

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

Impinj Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.86 -9.35 -14.21 11.20 -3.02

Impinj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Pretax 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 -11.76 11.95 -13.43 -1.06 -33.96

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

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

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

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


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

Impinj Pretax Margin % Calculation

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

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

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=-196.55/6501.408
=-3.02 %

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

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-454.658/1338.928
=-33.96 %

* 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 Pretax Margin % →
What does a Pretax Margin % of -33.96% mean?
Impinj (MEX:PI) has a Pretax Margin % of -33.96% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Impinj and its competitors. According to the industry distribution chart, Impinj ranks #748 out of 1023 companies in the Semiconductors industry, placing it in the top 73.1%.
Is Impinj's Pretax Margin % too high?
Impinj's current Pretax Margin % is -33.96%. Based on the distribution chart, Impinj ranks #748 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 Pretax Margin % compare to POWI and DIOD?
According to the Semiconductors industry distribution chart, Impinj ranks #748 out of 1023 companies for Pretax Margin %. This places Impinj in the lower half of its industry. The industry median Pretax Margin % is 5.08. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Semiconductors company?
The median Pretax Margin % among Semiconductors companies is 5.08, based on 1,023 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Impinj and its competitors. For the Semiconductors industry, the median Pretax Margin % is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impinj's current Pretax Margin % is -33.96%. 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 MXN2,639.87, compared to a current price of MXN2,746.55 — trading 4% above its estimated fair value. The current Pretax Margin % is -33.96%. 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 Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Impinj (MEX:PI), the current Pretax Margin % is -33.96% 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 4% above its estimated GF Value™ of MXN2,639.87. GuruFocus considers Impinj to be Modestly Overvalued.

Key valuation signals for MEX:PI:

  • Pretax Margin %: -33.96%
  • GF Value™: MXN2,639.87 vs. price of MXN2,746.55 (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

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

MXN2,746.55
Price
MXN2,639.87
GF Value