Impinj Q1 2025 revenue $74.3 million, down from $76.8 million; GAAP net loss $8.5 million
Impinj reported first-quarter 2025 revenue of $74.3 million, down from $76.8 million a year earlier, and a GAAP net loss of $8.5 million, compared with net income of $33.3 million in the prior-year quarter that included a $45.0 million litigation settlement. Non-GAAP net income was $6.3 million, or $0.21 per diluted share, flat with the prior year, and the company guided second-quarter 2025 revenue to $91.0 million to $96.0 million.
Key points
- Q1 2025 revenue was $74.3 million versus $76.8 million in Q1 2024; GAAP net loss was $8.5 million, or $0.30 per diluted share.
- Non-GAAP net income was $6.3 million, or $0.21 per diluted share, the same as in Q1 2024; adjusted EBITDA was $6.5 million versus $6.7 million.
- Q2 2025 outlook: revenue of $91.0 million to $96.0 million and GAAP net income of $5.6 million to $8.1 million.
- Q2 2025 non-GAAP diluted EPS guidance is $0.68 to $0.76; the filing does not include prior guidance for comparison.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 23, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.