Impinj, Inc. (PI) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 3.98M | 15.14M | 20.89M | 33.86M | -11.14M | 12.62M | 10.07M | 45.48M | 60.14M | 1.43M | -1.71M | -22.54M | -26.56M | -6.17M | 14.45M | 7.2M | -14.84M | -3.94M | 5.43M | -4.39M |
| Operating CF Margin % | 5.36% | 16.3% | 21.75% | 34.59% | -15% | 13.79% | 10.58% | 44.37% | 78.28% | 2.02% | -2.62% | -26.22% | -30.92% | -8.06% | 21.17% | 12.04% | -27.92% | -7.5% | 12.01% | -9.28% |
| Operating CF Growth % | 135.72% | 19.91% | 107.52% | -25.55% | -118.53% | 784.58% | 690.5% | 301.73% | 326.43% | 123.12% | -111.8% | -413.24% | -79.02% | -56.57% | 166.35% | 264.02% | -258.35% | -18.56% | 133.16% | -555.19% |
| Net Income | -25.26M | -1.14M | -12.81M | 11.55M | -8.45M | -2.69M | 221K | 9.96M | 33.34M | -15.18M | -15.76M | -8.07M | -4.36M | -118K | -2.2M | -11.52M | -10.46M | -20.01M | -12.92M | -8.91M |
| Depreciation & Amortization | 3.66M | 3.96M | 3.85M | 3.18M | 2.93M | 3.43M | 3.25M | 3M | 3.91M | 3.89M | 3.67M | 4.27M | 1.79M | 1.59M | 1.48M | 1.47M | 1.51M | 1.43M | 1.09M | 1.04M |
| Stock-Based Compensation | 14.69M | 0 | 14.55M | 13.02M | 12.52M | 15.21M | 14.84M | 14.71M | 11.79M | 12.31M | 12.31M | 13.15M | 10.22M | 10.21M | 10.06M | 10.86M | 11.31M | 11.55M | 10.92M | 10.58M |
| Deferred Taxes | -103K | -99K | -105K | -99K | -93K | -96K | -99K | -94K | -278K | -269K | -263K | -399K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 11M | 15.21M | 14.73M | 416K | 414K | -463K | 273K | 445K | 1.61M | 1.94M | 89K | -117K | -366K | -79K | 279K | 2.75M | 704K | 11.36M | 321K | 344K |
| Working Capital Changes | 0 | -2.79M | 678K | 5.79M | -18.47M | -2.77M | -8.41M | 17.46M | 9.76M | -1.26M | -1.74M | -31.38M | -33.85M | -17.78M | 4.83M | 3.64M | -17.9M | -8.27M | 6.01M | -7.44M |
| Change in Receivables | -1.6M | -9.57M | -6.08M | 2.15M | -220K | 7.44M | -10.14M | 5.2M | -4.5M | -6.4M | 10.44M | 3.21M | -10.97M | -9.33M | -539K | -1.59M | -3.08M | -8.4M | -1.07M | -2.47M |
| Change in Inventory | -1.35M | 7.68M | 3.56M | 2.35M | 896K | -11.04M | -7.55M | 6.98M | 9.4M | 9.66M | 5.49M | -25.32M | -39.41M | -14.47M | 122K | -486K | -9.6M | -3.52M | 5.63M | 4M |
| Change in Payables | 1.4M | -2.4M | 4.44M | 1.21M | -6.62M | -2.79M | 5.06M | 5.12M | 1.88M | -2.25M | -16.17M | -8.54M | 14.65M | 6.26M | 3.31M | 567K | -2.77M | 4.17M | 1.22M | -916K |
| Cash from Investing | 25.73M | -18.8M | 2.47M | -52.91M | 21.23M | -43.87M | -154.17M | 419K | 5.05M | 14.33M | 32.49M | 29.07M | 39.93M | -16.5M | -13.69M | -22.48M | -50.13M | -38.03M | 6.07M | 5.05M |
| Capital Expenditures | -1.75M | -1.52M | -2.94M | -6.54M | -1.86M | -4.13M | -5.41M | -1.37M | -6.2M | -2.62M | -2.77M | -5.87M | -7.58M | -6.1M | -2.25M | -674K | -3.05M | -2.05M | -6.32M | -3.46M |
| CapEx % of Revenue | 2.35% | 1.63% | 3.06% | 6.68% | 2.51% | 4.51% | 5.68% | 1.33% | 8.07% | 3.71% | 4.26% | 6.82% | 8.83% | 7.97% | 3.3% | 1.13% | 5.74% | 3.9% | 13.99% | 7.32% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 234K | -23.36M | 0 | 279K | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | -45.57M | 149K | -14.04M | -97K | 5.06M | 3.78M | 3.05M | 1.93M | 6.92M | 846K | 2.14M | 1.23M | 4.52M | 2.95M | 5.97M | -15.68M | 4.61M | 100.69M | 2.52M | 719K |
| Debt Issued (Net) | 0 | 0 | -17.55M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -17.56M | 0 | -17.56M | 0 | -183.62M | 0 | 0 |
| Equity Issued (Net) | 0 | 770K | 4.29M | 887K | 5.85M | 3.78M | 3.05M | 6.53M | 6.92M | 0 | 2.14M | 1.23M | 0 | 2.95M | 5.97M | 0 | 4.61M | 284.31M | 2.52M | 719K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -45.57M | -621K | -779K | -984K | -787K | 0 | 0 | -4.6M | 0 | 846K | 0 | 0 | 4.52M | 17.56M | 0 | 1.89M | 0 | 0 | 0 | 0 |
| Net Change in Cash | -15.91M | -3.52M | 9.31M | -18.9M | 15.26M | -27.65M | -140.95M | 47.8M | 72.06M | 16.69M | 32.86M | 7.76M | 17.89M | -19.71M | 6.73M | -30.96M | -60.36M | 58.71M | 14.02M | 1.38M |
| Free Cash Flow | 2.23M | 13.62M | 17.95M | 27.32M | -13.01M | 8.49M | 4.66M | 44.11M | 53.94M | -1.2M | -4.22M | -28.41M | -34.14M | -12.28M | 12.2M | 6.52M | -17.89M | -5.99M | -897K | -7.85M |
| FCF Margin % | 3.01% | 14.67% | 18.69% | 27.91% | -17.51% | 9.27% | 4.89% | 43.04% | 70.21% | -1.69% | -6.5% | -33.04% | -39.75% | -16.03% | 17.87% | 10.91% | -33.66% | -11.4% | -1.98% | -16.6% |
| FCF Growth % | 117.17% | 60.4% | 285.51% | -38.07% | -124.11% | 809.27% | 210.22% | 255.27% | 257.98% | 90.25% | -134.63% | -535.54% | -90.89% | -104.91% | 1460.2% | 183.12% | -459.81% | -47.45% | 94.86% | -1035.4% |
| FCF per Share | 0.07 | 0.45 | 0.61 | 0.92 | -0.45 | 0.30 | 0.16 | 1.50 | 1.72 | -0.04 | -0.16 | -1.06 | -1.30 | -0.47 | 0.47 | 0.26 | -0.72 | -0.24 | -0.04 | -0.33 |
| FCF Conversion (FCF/Net Income) | -0.16x | -13.29x | -1.63x | 2.93x | 1.32x | -4.69x | 45.56x | 4.56x | 1.80x | -0.09x | 0.11x | 2.79x | 6.09x | 52.31x | -6.57x | -0.62x | 1.42x | 0.20x | -0.42x | 0.49x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 1.62M | 0 | 0 | 0 | 1.62M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 696K | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |