---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-047599"
form_type: "8-K"
ticker: "PI"
cik: "0001114995"
company_name: "IMPINJ INC"
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T09:19:38.218514+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Impinj Q1 2024 revenue $76.8M beats guidance; GAAP EPS $1.10, non-GAAP EPS $0.21

## Summary
- Revenue $76.8M; GAAP gross margin 48.9%; non-GAAP gross margin 51.5%.
- GAAP net income $33.3M ($1.10 diluted EPS) on 31.4M shares.
- Non-GAAP net income $6.2M ($0.21 diluted EPS) on 28.8M shares; Adjusted EBITDA $6.7M.
- Results exceeded Q4 2023 and Q1 2024 guidance; CEO cites strong start to 2024.

## SEC filing metadata
- accession: 0000950170-24-047599
- form_type: 8-K
- ticker: PI
- cik: 0001114995
- company_name: IMPINJ INC
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1114995/000095017024047599/0000950170-24-047599-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1114995/000095017024047599/pi-20240424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-047599
- JSON: https://secwatch.observer/filing/0000950170-24-047599.json
- Plain text: https://secwatch.observer/filing/0000950170-24-047599.txt

## Key facts
- Earnings Releases
  IMPINJ INC reported first quarter ended March 31, 2024 results: revenue $76.8 million, net income $33.3 million, EPS $1.10 per diluted share.
  - Period: first quarter ended March 31, 2024
  - Revenue: $76.8 million
  - Net income: $33.3 million
  - EPS: $1.10 per diluted share
  - Result: reported results
  source text: First Quarter 2024 Financial Summary • Revenue of $76.8 million • GAAP gross margin of 48.9%; non-GAAP gross margin of 51.5% • GAAP net income of $33.3 million, or income of $1.10 per diluted share using 31.4 million shares • Adjusted EBITDA of $6.7 million • Non-GAAP net income of $6.2 million, or income of $0.21 per diluted share using 28.8 million shares
  evidence_url: https://www.sec.gov/Archives/edgar/data/1114995/000095017024047599/0000950170-24-047599-index.htm

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