---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-014826"
form_type: "8-K"
ticker: "PI"
cik: "0001114995"
company_name: "IMPINJ INC"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T11:46:15.265174+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Impinj reports record Q1 revenue $85.9M; GAAP net loss $4.4M, non-GAAP net income $0.30 EPS

## Summary
- Record revenue $85.9M; GAAP gross margin 50.7%, non-GAAP 52.4%.
- GAAP net loss $4.4M ($0.17 loss per diluted share) on 26.3M shares.
- Non-GAAP net income $8.7M ($0.30 per diluted share); Adjusted EBITDA $8.6M.
- Director Gregory Sessler not standing for re-election at 2023 annual meeting, unrelated to any disagreement.

## SEC filing metadata
- accession: 0000950170-23-014826
- form_type: 8-K
- ticker: PI
- cik: 0001114995
- company_name: IMPINJ INC
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1114995/000095017023014826/0000950170-23-014826-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1114995/000095017023014826/pi-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-014826
- JSON: https://secwatch.observer/filing/0000950170-23-014826.json
- Plain text: https://secwatch.observer/filing/0000950170-23-014826.txt

## Key facts
- Earnings Releases
  IMPINJ INC reported first quarter ended March 31, 2023 results: revenue $85.9 million, net income Non-GAAP net income of $8.7 million, EPS income of $0.30 per diluted share.
  - Period: first quarter ended March 31, 2023
  - Revenue: $85.9 million
  - Net income: Non-GAAP net income of $8.7 million
  - EPS: income of $0.30 per diluted share
  - Result: reported results
  source text: confidence in our platform solutions and the secular market growth, we are well positioned to capitalize on our opportunity.” First Quarter 2023 Financial Summary • Revenue of $85.9 million • GAAP gross margin of 50.7%; non-GAAP gross margin of 52.4% • GAAP net loss of $4.4 million, or loss of $(0.17) per diluted share using 26.3 million shares • Adjusted EBITDA of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114995/000095017023014826/0000950170-23-014826-index.htm
- Executive change
  Gregory Sessler departed as Director at IMPINJ INC.
  - Action: not stand for re-election
  - Role: Director
  source text: On April 24, 2023, Gregory Sessler, a member of the Company’s board of directors (the “Board”), notified the Board of his decision not to stand for re-election at the Company’s 2023 annual meeting of stockholders (the “2023 Annual Meeting”), when his current term as a director will expire.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114995/000095017023014826/0000950170-23-014826-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.