Impinj, Inc. (PI)

Impinj, Inc. (PI) is a pioneer and market leader in RAIN RFID (Radio Frequency Identification) solutions, providing the "Digital Identifier" for billions of physical items. Led by CEO Chris Diorio, Impinj’s mission is to "connect every item in the everyday world to the cloud, delivering real-time data to businesses and consumers." The company holds a dominant industry position, with its platform consisting of tag chips, reader chips, and software used in retail, logistics, and manufacturing. By late 2025, PI stock has been re-rated as a "Supply Chain Intelligence" play, as global retailers move from simple inventory tracking to real-time, automated item-level management. Its vision is to create a "Seamless Global Internet of Things (IoT)" where every manufactured item can be tracked from factory to landfill.

The business operations of Impinj are focused on high-volume silicon manufacturing and ecosystem development. The core growth driver in 2025 has been the "M700 and E-Series Transition," which offers higher sensitivity and lower power consumption for a new generation of smart labels. In fiscal 2025, the company reported quarterly revenue reaching $96 million with a non-GAAP gross margin of 53%. The 2026 strategic roadmap focuses on "The Logistics Expansion," targeting the multi-billion unit potential in parcel tracking with partners like UPS and FedEx. By utilizing its "Patent Moat"—holding over 300 issued and pending patents in RFID technology—Impinj creates significant barriers for generic competitors. This "Network Dominance" is a primary driver for the PI stock price, as the company benefits from "Operating Leverage," where incremental increases in tag volume lead to outsized gains in profitability. The successful settlement of long-standing patent litigation in 2024 has further cleared the path for the company to focus on its "Shipment-to-Cloud" strategy, making its chips the standard for global commerce.

The PI stock is listed on the NASDAQ Global Select Market under the ticker symbol PI. As a high-beta technology play, Impinj Inc is a favorite for investors looking for exposure to the "Invisible IoT." For investors monitoring the PI stock price, the "Endpoint Volume Growth" (number of chips sold) and the adoption of its readers in automated warehouses are the most critical data points. The Impinj stock offers a unique, pure-play opportunity to participate in the digitization of the physical world.