Hussein Mecklai
On May 22, 2025, Impinj, Inc. (the “Company”) announced that Hussein Mecklai has resigned from the position of Chief Operating Officer of the Company, effective May 20, 2025.
Highest-materiality recent filing
All seven director nominees elected; Steve Sanghi received 17.2M for, 8.0M against, still passed.
Revenue $74.3M, exceeding top of guidance; gross margin 49.1% GAAP / 52.4% non-GAAP.
Impinj repurchases $40.2M of 1.125% Convertible Notes due 2027 for $47.2M
Repurchased ~$40.2M aggregate principal of 1.125% Convertible Notes due 2027 for ~$47.2M including accrued interest.
Impinj Q4 2025 revenue $92.8M; non-GAAP EPS $0.50, record adjusted EBITDA $16.4M
Q4 revenue $92.8M; full year revenue $361.1M.
Impinj preannounces Q4 2025 revenue near high end of guidance, adjusted EBITDA above midpoint
Q4 2025 revenue expected near high end of prior guidance of $90–93 million.
Impinj amends CEO severance; adopts CIC policy for CFO and CINO
CEO Chris Diorio gets 200% base salary lump sum and full equity acceleration on change-of-control termination.
Impinj leases additional 6,563 sq ft in Seattle; extends term to 2038 with $44M base rent
Lease amendment expands premises by 6,563 rentable sq ft to total ~70,995 sq ft.
Impinj Q3 2025: Revenue $96.1M, adj. EBITDA $19.1M; GAAP loss $0.44, non-GAAP EPS $0.58
Revenue $96.1M; GAAP gross margin 50.3%, non-GAAP gross margin 53.0%.
Impinj appoints Arthur L. Valdez Jr. to board effective October 20, 2025
Board size set at seven members; Valdez term expires at next annual meeting.
Impinj issues $190M 0% convert due 2029, repurchases 2027 notes with cash and stock
Priced $190M 0% Convertible Senior Notes due 2029; initial conversion price $267.39/share (37.5% premium).
Impinj proposes $150M convertible notes offering (up to $175M) for 2027 note exchange
Proposed offering of $150M aggregate principal amount of Convertible Senior Notes due 2029, with option for additional $25M.
Impinj Q2 2025 revenue $97.9M, GAAP EPS $0.39, non-GAAP EPS $0.80, beats guidance
Revenue of $97.9M; GAAP gross margin 57.8%, non-GAAP gross margin 60.4%.
Impinj shareholders elect six directors, ratify auditor, approve say-on-pay at 2025 annual meeting
All six director nominees elected; Steve Sanghi received most votes against (3,463,689).
Impinj COO Hussein Mecklai resigns effective May 20, 2025
Hussein Mecklai resigned as Chief Operating Officer, effective May 20, 2025.
Impinj Q1 revenue $74.3M beats guidance; non-GAAP EPS $0.21
GAAP net loss $8.5M ($0.30 loss per diluted share) vs. prior year loss.
Impinj Q4 revenue $91.6M, GAAP net loss $2.7M; CRO retiring Feb 21
Q4 revenue $91.6M; GAAP net loss $2.7M ($0.09 loss per share); non-GAAP net income $14.5M ($0.48 EPS).
Impinj reaffirms Q4 2024 revenue guidance $91-94M and adjusted EBITDA $13.6-15.1M
Q4 2024 revenue still expected within prior guidance of $91.0-94.0 million.
Impinj Q3 revenue $95.2M, GAAP EPS $0.01, non-GAAP EPS $0.56, above guidance
Revenue $95.2M; GAAP net income $0.2M ($0.01 diluted EPS) on 29.7M shares.
Impinj posts record Q2 revenue $102.5M; adjusted EBITDA $26.8M beats guidance
GAAP net income $10.0M ($0.34 diluted EPS on 29.4M shares); non-GAAP net income $25.3M ($0.83 diluted EPS on 32.0M shares).
Impinj stockholders approve officer liability limitation and re-elect directors
All 7 director nominees elected (Chris Diorio, Daniel Gibson, Umesh Padval, Steve Sanghi, Cathal Phelan, Meera Rao, Miron Washington).
Impinj Q1 2024 revenue $76.8M beats guidance; GAAP EPS $1.10, non-GAAP EPS $0.21
Revenue $76.8M; GAAP gross margin 48.9%; non-GAAP gross margin 51.5%.
Impinj settles patent litigation with NXP; receives $45M upfront and annual license fees
One-time payment of $45M due within five business days of March 13, 2024.
Impinj Q4 revenue $70.7M, GAAP loss $0.56 EPS; cuts 10% staff
Q4 revenue $70.7M; full year $307.5M (first above $300M).
Impinj pre-announces Q4 2023 revenue >$70M, adjusted EBITDA >$2.5M
Q4 2023 revenue expected to exceed $70M, above prior guidance of $65.5-$68.5M.
Impinj Q3 revenue $65M; GAAP loss $0.59/share; non-GAAP EPS $0.00; Q4 outlook cautious
Revenue $65.0M; GAAP net loss $15.8M ($0.59 per diluted share on 26.9M shares).
Impinj Q2 2023 revenue $86M (record); GAAP EPS -$0.30, non-GAAP EPS $0.33; expects Q3 headwinds
Revenue of $86.0M, a record; GAAP net loss of $8.1M (-$0.30/diluted share); non-GAAP net income of $9.3M ($0.33/diluted share).
Impinj holds investor day on June 13, 2023; presentation available on website
Investor day webcast replay and presentation posted at investor.impinj.com.
Impinj announces 2023 annual meeting voting results
All seven director nominees elected; highest vote for Miron Washington (19,325,804 for).
Impinj reports record Q1 revenue $85.9M; GAAP net loss $4.4M, non-GAAP net income $0.30 EPS
Record revenue $85.9M; GAAP gross margin 50.7%, non-GAAP 52.4%.
Impinj appoints Miron Washington to board of directors effective April 2, 2023
Miron L. Washington appointed to Impinj board, term expiring at next annual stockholder meeting.
Bylaw amendments effective Feb 23, 2023, align with new SEC universal proxy rules and recent DGCL changes.
Impinj reports Q4 revenue $76.6M, non-GAAP EPS $0.41, full-year record $257.8M
Q4 revenue $76.6M, GAAP gross margin 52.4%, GAAP net loss ~$0.1M (<$0.01 per diluted share).
Impinj prelim Q4 2022 revenue above $76M, topping prior $71.5-73.5M guidance
Expected Q4 2022 revenue >$76M, surpasses prior guidance of $71.5-73.5M.
Impinj appoints director Cathal Phelan as Chief Innovation Officer effective Jan 1, 2023
Cathal Phelan, currently a board member, named Chief Innovation Officer effective January 1, 2023.
Impinj Q3 revenue $68.3M; non-GAAP EPS $0.34; record endpoint and reader IC sales
Revenue $68.3M; GAAP net loss $(0.09)/diluted share; non-GAAP net income $0.34/diluted share.
Impinj board sets say-on-pay frequency at one year after stockholder vote
Stockholders voted for annual say-on-pay proposals at June 9, 2022 annual meeting.
Impinj board reduces stockholder vote threshold to amend bylaws from 66 2/3% to majority
Amendment permits stockholders to amend bylaws by a majority of votes cast, down from 66 2/3%.
Impinj Q2 2022 revenue $59.8M, GAAP net loss $0.45/share, non-GAAP EPS $0.11, both beat guidance
Revenue of $59.8M; GAAP gross margin 52.7%; non-GAAP gross margin 54.7%.
Impinj repurchases all remaining 2026 convertible notes for ~$17.6M
Repurchased $9.85M aggregate principal of its 2.0% convertible senior notes due 2026.
Impinj stockholders elect 5 directors, ratify EY, approve say-on-pay at annual meeting
All five director nominees elected; Daniel Gibson: 12,068,713 for, 5,650,906 against.
Impinj Q1 record revenue $53.1M; GAAP loss $(0.42), non-GAAP profit $0.09
Revenue $53.1M (record); GAAP gross margin 54.2%, non-GAAP 57.0%.
Impinj adopts proxy access bylaw allowing 3%-holder groups to nominate directors
Proxy access permits a stockholder or group of up to 20 owning 3%+ for 3 years to nominate up to 20% of board or 2 directors.
Impinj Q4 revenue $52.6M, GAAP EPS -$0.81; FY21 revenue $190.3M, GAAP EPS -$2.12
Q4 2021 revenue of $52.6M, non-GAAP gross margin 58.2%; GAAP net loss $20.0M ($0.81/share).
Impinj appoints Meera Rao to board, promotes Hussein Mecklai as COO, chair transition
Board size set to nine; Meera Rao appointed director effective Feb 1, 2022.
Impinj expects Q4 2021 revenue above $52M, exceeding prior guidance of $46-48M
Preliminary Q4 2021 revenue exceeds $52M, above prior guidance of $46.0-48.0M.
Impinj prices $250M convertible notes at 1.125%, uses proceeds to repurchase existing 2026 notes
$250M principal of 1.125% Convertible Senior Notes due 2027, upsized from $225M; initial conversion price ~$111.04/share (42.5% premium).
Impinj Q3 revenue $45.2M beats guidance; non-GAAP EPS loss $0.04
Revenue of $45.2M exceeded guidance; GAAP gross margin 50.9%, non-GAAP 53.3%.
Impinj beats Q2 guidance with record bookings and adjusted EBITDA; revenue $47.3M
Revenue $47.3M, exceeding guidance; GAAP net loss $8.9M ($0.37 loss per share).
Impinj corrects voting results for proxy access proposal at 2021 annual meeting
Corrected vote on stockholder proposal: 9,648,915 For, 1,890,507 Against, 4,926,421 Abstentions, 3,111,868 broker non-votes.
On May 22, 2025, Impinj, Inc. (the “Company”) announced that Hussein Mecklai has resigned from the position of Chief Operating Officer of the Company, effective May 20, 2025.
On February 5, 2025, the Company and Jeff Dossett, the Company’s Chief Revenue Officer, announced that Mr. Dossett intends to retire and will depart the Company effective February 21, 2025.
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.
appointed Miron L. Washington to serve as a director, with an initial term expiring at the Company’s next annual meeting of stockholders, in each case effective as of April 2, 2023.
appointed Meera Rao to serve as a director
the Board appointed Hussein Mecklai as the Company’s Chief Operating Officer, effective February 6, 2022.
director Steve Sanghi will assume the role of Board Chair following the end of Mr. van Oppen’s term.
each of Theresa Wise and Peter van Oppen, the Company’s Board Chair, notified the Board that they each decided to decline to stand for re-election at the Company’s 2022 Annual Meeting
each of Theresa Wise and Peter van Oppen, the Company’s Board Chair, notified the Board that they each decided to decline to stand for re-election at the Company’s 2022 Annual Meeting
Max materiality 0.75 · Median 0.65 · Most common event earnings