Impinj(US:PI)2025-10-29 21:00Financial Performance - Annual revenue increased from $138.9 million in 2020 to $366.1 million in 2024, representing a 27% compound annual growth rate (CAGR)[12] - Systems revenue for Q3 2025 was $17.3 million, while endpoint ICs revenue was $78.8 million[89] - Non-GAAP gross margin for Q3 2025 was 53.0%[91] - Non-GAAP research and development expenses for Q3 2025 were $17.8 million[94] - Adjusted EBITDA for Q3 2025 was $19.1 million[97] - Non-GAAP EPS (diluted) for Q3 2025 was $0.58[100] - The company has $265.1 million in cash and investments[105] - Adjusted free cash flow for the twelve-month period ended September 30, 2025, was $40.8 million[105] Market and Technology - The company has sold over 120 billion endpoint ICs[13,49] - RAIN-enabled connectivity was used for over 52 billion items in 2024, representing approximately 0.5% of connectable items[44]