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Impinj Valuation Multiples
Discover revenue and EBITDA valuation multiples for Impinj and similar public comparables like StarPower Semiconductor, Shenzhen SED, Taclink, Faratronic and more.
Impinj Overview
About Impinj
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.
Founded
2000
HQ

Employees
255
Website
Financials (LTM)
EV
$4B
Impinj Financials
Impinj reported last 12-month revenue of $362M and EBITDA of $68M.
In the same LTM period, Impinj generated $199M in gross profit, $68M in EBITDA, and $62M in net income.
Revenue (LTM)
Impinj P&L
In the most recent fiscal year, Impinj reported revenue of $361M and EBITDA of $70M.
Impinj expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $362M | XXX | $361M | XXX | XXX | XXX |
| Gross Profit | $199M | XXX | $190M | XXX | XXX | XXX |
| Gross Margin | 55% | XXX | 53% | XXX | XXX | XXX |
| EBITDA | $68M | XXX | $70M | XXX | XXX | XXX |
| EBITDA Margin | 19% | XXX | 19% | XXX | XXX | XXX |
| EBIT Margin | 18% | XXX | 19% | XXX | XXX | XXX |
| Net Profit | $62M | XXX | $64M | XXX | XXX | XXX |
| Net Margin | 17% | XXX | 18% | XXX | XXX | XXX |
| Net Debt | — | — | $233M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Impinj Stock Performance
Impinj has current market cap of $4B, and enterprise value of $4B.
Market Cap Evolution
Impinj's stock price is $120.66.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $4B | $4B | 0.0% | XXX | XXX | XXX | $2.12 |
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Start Free TrialImpinj Valuation Multiples
Impinj trades at 10.4x EV/Revenue multiple, and 55.6x EV/EBITDA.
EV / Revenue (LTM)
Impinj Financial Valuation Multiples
As of March 10, 2026, Impinj has market cap of $4B and EV of $4B.
Equity research analysts estimate Impinj's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Impinj has a P/E ratio of 59.0x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $4B | XXX | $4B | XXX | XXX | XXX |
| EV (current) | $4B | XXX | $4B | XXX | XXX | XXX |
| EV/Revenue | 10.4x | XXX | 10.5x | XXX | XXX | XXX |
| EV/EBITDA | 55.6x | XXX | 54.3x | XXX | XXX | XXX |
| EV/EBIT | 56.9x | XXX | 54.3x | XXX | XXX | XXX |
| EV/Gross Profit | 19.0x | XXX | 19.9x | XXX | XXX | XXX |
| P/E | 59.0x | XXX | 56.9x | XXX | XXX | XXX |
| EV/FCF | (112.8x) | XXX | 82.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Impinj Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Impinj Margins & Growth Rates
Impinj's revenue in the last 12 month grew by 6%.
Impinj's revenue per employee in the last FY averaged $1.4M.
Impinj's rule of 40 is 25% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Impinj's rule of X is 34% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Impinj Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 6% | XXX | 1% | XXX | XXX | XXX |
| EBITDA Margin | 19% | XXX | 19% | XXX | XXX | XXX |
| EBITDA Growth | 2% | XXX | (13%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 25% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 34% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.4M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 8% | XXX | 10% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 9% | XXX | 14% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 21% | XXX | 28% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 53% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Impinj Public Comps
See public comps and valuation multiples for other IoT and Electronic Components comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| StarPower Semiconductor | XXX | XXX | XXX | XXX | XXX | XXX |
| Shenzhen SED | XXX | XXX | XXX | XXX | XXX | XXX |
| Taclink | XXX | XXX | XXX | XXX | XXX | XXX |
| Faratronic | XXX | XXX | XXX | XXX | XXX | XXX |
| Synnex Group | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Impinj M&A Activity
Impinj acquired XXX companies to date.
Last acquisition by Impinj was on XXXXXXXX, XXXXX. Impinj acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Impinj
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialImpinj Investment Activity
Impinj invested in XXX companies to date.
Impinj made its latest investment on XXXXXXXX, XXXXX. Impinj invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Impinj
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Impinj
| When was Impinj founded? | Impinj was founded in 2000. |
| Where is Impinj headquartered? | Impinj is headquartered in United States. |
| How many employees does Impinj have? | As of today, Impinj has over 255 employees. |
| Who is the CEO of Impinj? | Impinj's CEO is Chris Diorio. |
| Is Impinj publicly listed? | Yes, Impinj is a public company listed on Nasdaq. |
| What is the stock symbol of Impinj? | Impinj trades under PI ticker. |
| When did Impinj go public? | Impinj went public in 2016. |
| Who are competitors of Impinj? | Impinj main competitors are StarPower Semiconductor, Shenzhen SED, Taclink, Faratronic. |
| What is the current market cap of Impinj? | Impinj's current market cap is $4B. |
| What is the current revenue of Impinj? | Impinj's last 12 months revenue is $362M. |
| What is the current revenue growth of Impinj? | Impinj revenue growth (NTM/LTM) is 6%. |
| What is the current EV/Revenue multiple of Impinj? | Current revenue multiple of Impinj is 10.4x. |
| Is Impinj profitable? | Yes, Impinj is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Impinj? | Impinj's last 12 months EBITDA is $68M. |
| What is Impinj's EBITDA margin? | Impinj's last 12 months EBITDA margin is 19%. |
| What is the current EV/EBITDA multiple of Impinj? | Current EBITDA multiple of Impinj is 55.6x. |
| What is the current FCF of Impinj? | Impinj's last 12 months FCF is ($33M). |
| What is Impinj's FCF margin? | Impinj's last 12 months FCF margin is (9%). |
| What is the current EV/FCF multiple of Impinj? | Current FCF multiple of Impinj is (112.8x). |
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