Impinj Inc (PI) company profile
Close on Nov 13, 2026Market cap $5.20BP/E –Yield –
About Impinj
Electronic Components, NEC, SIC 3679
Impinj, Inc. designs and sells a platform that provides wireless item-to-cloud connectivity using RAIN RFID technology. The company develops endpoint integrated circuits, reader ICs, and systems that enable item visibility, tracking, and operational efficiency across multiple industries. Its solutions serve enterprise end users across sectors including retail, supply chain and logistics, food service, airlines, automotive manufacturing, and healthcare. Impinj reaches its market primarily through a global ecosystem of partners, including inlay manufacturers, distributors, and system integrators.
The company operates globally, conducting business with partners and end users across the Americas, the Asia-Pacific region, and Europe, the Middle East, and Africa. Its supply and manufacturing partners are situated across several international regions, including the United States, Taiwan, and Mexico. Impinj maintains its corporate headquarters in Seattle, Washington.
Summary of the business section of Impinj's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Impinj Inc
- Founded
- 2000
- Headquarters
- Seattle, WA
- Address
- 400 Fairview Avenue North, Suite 1200 98109
- Phone
- (206) 517-5300
- Website
- www.impinj.com
- Employees
- 255, Dec 31, 2025
- Industry
- Electronic Components, NEC
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Seattle, Washington
Stock & identifiers
- Ticker
- PI
- Exchange
- Nasdaq
- IPO date
- Jul 21, 2016
- Shares outstanding
- 31M, Oct 16, 2026
- Public float
- $2.90B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1114995
- CUSIP
- 453204109
- ISIN
- US4532041096
- FIGI
- BBG000GRK2Z7
- Share class FIGI
- BBG001T313Q3
- LEI
- 549300M26VGKSMMWWN17
- EIN
- 91-2041398
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Chris Ph.D. Diorio | CHIEF EXECUTIVE OFFICER, Director | 545,627 |
| Cathal G. Phelan | CHIEF INNOVATION OFFICER, Director | 10,923 |
| Cary Baker | CHIEF FINANCIAL OFFICER | 81,463 |
| Hussein Mecklai | CHIEF OPERATING OFFICER | 75,882 |
| Jeffrey Dossett | CHIEF REVENUE OFFICER | 73,674 |
| Capital Llc Sylebra | Director | 685,752 |
| Meera Rao | Director | 9,593 |
| Arthur L. Valdez Jr | Director | 1,220 |
| Miron Washington | Director | 4,354 |
| Steve Sanghi | Director | 53,474 |
| Daniel Patrick Gibson | Director | 1,045,181 |
| Umesh Padval | Director | 6,654 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $7.11M | $8.19M | $2.27M | $416 | $268 |
| FY2024 | $11.19M | $21.77M | $4.06M | $562 | $287 |
| FY2023 | $6.80M | $1.26M | $3.62M | $348 | $239 |
| FY2022 | $5.46M | $11.25M | $2.49M | $422 | $143 |
| FY2021 | $5.91M | $19.32M | $2.62M | $343 | $220 |
| FY2020 | $3.22M | $8.58M | $3.11M | $162 | $154 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Chris Diorio Chief Executive Officer | $449.77K | – | $6.64M | $15.25K | $7.11M | -36% |
| Cary Baker Chief Financial Officer | $405.53K | – | $3.08M | $13.62K | $3.50M | -15% |
| Hussein Mecklai Chief Operating Officer | $165.92K | $125.53K | – | $11.21K | $302.66K | -93% |
| Cathal Phelan Chief Innovation Officer | $394.81K | – | $2.59M | $17.06K | $3.00M | -19% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Jul 21, 2016
- Offer price
- $14.00
- Securities offered
- 4,800,000
- Gross proceeds
- $67.20M
- Exchange
- Nasdaq
- First trading day
- Jul 21, 2016
- First-day close
- $17.97+28.4%
- Lock-up ends (est.)
- Jan 17, 2017
“PER SHARE TOTAL Public Offering Price $ 14.00 $ 67,200,000 Underwriting Discounts and Commissions $ 0.98 $ 4,704,000 Proceeds to Impinj, Inc.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 255 employees in research and development.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Apr 29, 2020 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Sep 13, 2018 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Aug 13, 2018 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Aug 10, 2018 | Late filing | Notification of late filing |
| Jul 21, 2016 | IPO | Initial public offering priced (424B4 prospectus) |
| Jul 11, 2016 | Listing | Registration of securities on an exchange (Form 8-A) |
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