Filing Flows

Filing Flows › Companies › Impinj › Cash flow

Impinj cash flow, quarter by quarter

Latest: Q3 2026 · from the cash-flow statements filed with the SEC

Free cash flow$20.6M in Q3 2026 · $65.6M over twelve months

Operating cash flow$25.6M
Capital spending−$5.0M
Free cash flow+$20.6M
Cash / net income5.5×
Cash conversion cycle180 days

Analysis

In Q3 2026, Impinj generated $25.6M of operating cash flow and spent $5.0M on capital projects, leaving free cash flow of $20.6M. That is $2.6M more than in Q3 2025 ($18.0M).

Over the twelve months to Sep 30, 2026, operating cash flow was $76.3M; the largest uses were net borrowing (+) / repaid (−) ($104M), capital spending ($10.7M), taxes on employees’ shares ($3.0M); besides operations, cash came from other investing ($22.0M), other financing ($6.1M); the cash balance fell by $13.0M.

Operating cash flow was $25.6M against net income of $4.7M — 5.5× profit, cash ran ahead of reported earnings. The largest differences: stock-based pay +$16.1M, inventory +$8.1M, receivables −$7.0M.

Its cash conversion cycle was 180 days (receivables 61 + inventory 145 − payables 26).

Free cash flow

Impinj: free cash flow by quarterImpinj: free cash flow by quarter$8.5MQ4 2024−$13.0MQ1 2025$27.3MQ2 2025$18.0MQ3 2025$13.6MQ4 2025$2.2MQ1 2026$29.2MQ2 2026$20.6MQ3 2026
Operating cash flow less capital spending.
Impinj: operating cash flow against capital spendingImpinj: operating cash flow against capital spendingOperating cash flowCapital spending$12.6M$4.1MQ4 2024−$11.1M$1.9MQ1 2025$33.9M$6.5MQ2 2025$20.9M$2.9MQ3 2025$15.1M$1.5MQ4 2025$4.0M$1.7MQ1 2026$31.6M$2.4MQ2 2026$25.6M$5.0MQ3 2026
Latest (Q3 2026): Operating cash flow $25.6M, Capital spending $5.0M.

Capital allocation, year by year

Impinj: where the cash came from (up) and went (down), by fiscal yearImpinj: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingAsset salesCapital spendingAcquisitionsFY2021: Operating cash flow $6.5MFY2021: Net borrowing −$2KFY2021: Capital spending −$16.2M$6.5MFY2021FY2022: Operating cash flow $641KFY2022: Net borrowing −$17.6MFY2022: Asset sales $279KFY2022: Capital spending −$12.1M$920KFY2022FY2023: Operating cash flow −$49.4MFY2023: Asset sales $234KFY2023: Capital spending −$18.6MFY2023: Acquisitions −$23.4M$234KFY2023FY2024: Operating cash flow $128MFY2024: Capital spending −$17.1M$128MFY2024FY2025: Operating cash flow $58.7MFY2025: Net borrowing −$6.3MFY2025: Capital spending −$12.9M$58.7MFY2025
Over these 5 years operating cash flow totalled $145M; the largest uses were capital spending ($76.9M) and operating cash flow ($49.4M). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$113M
Debt$186M
Net debt$73.3M
Due within a year$995K

Impinj funds itself: free cash flow was $65.6M over the last twelve months, and $113M of cash and investments stands against $186M of debt ($995K due within a year, 113.5× covered by cash).

Where the cash came from and went

Impinj: sources (+) and uses (−) of cash, Q3 2026Impinj: sources (+) and uses (−) of cash, Q3 2026Net borrowing (+) / repaid (−)−$56.5MOther investing$34.6MOperating cash flow$25.6MCapital spending−$5.0MOther financing$2.1MTaxes on employees’ shares−$646KCash drawn (+) / kept (−)−$168KExchange rates$5K
Impinj: sources (+) and uses (−) of cash, TTM to Q3 2026Impinj: sources (+) and uses (−) of cash, TTM to Q3 2026Net borrowing (+) / repaid (−)−$104MOperating cash flow$76.3MOther investing$22.0MCash drawn (+) / kept (−)$13.0MCapital spending−$10.7MOther financing$6.1MTaxes on employees’ shares−$3.0MExchange rates−$97K

From profit to cash

Impinj: net income to operating cash flow, Q3 2026Impinj: net income to operating cash flow, Q3 2026Net income$4.7MDepreciation & amortization$3.8MStock-based pay$16.1MDeferred taxes−$103KGains on disposals$7KReceivables−$7.0MInventory$8.1MPayables−$2.7MAccrued liabilities$73KEmployee-related liabilities$2.7MDeferred revenue−$205KPrepaid and other assets−$1.8MOperating cash flow$25.6M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.
QuarterReceivable daysInventory daysPayable daysCash conversion cycle
Q3 20266114526180
Q2 20266017233199
Q1 20268720435256
Q4 20256518231217
Q3 20255618227211
Q2 20255221525242
Q1 20256923734272
Q4 20246119038213

Every quarter

QuarterOperating cash flowCapital spendingNet borrowing (+) / repaid (−)Cash drawn (+) / kept (−)Free cash flow
Q3 2026$25.6M−$5.0M−$56.5M−$168K$20.6M
Q2 2026$31.6M−$2.4M—−$6.3M$29.2M
Q1 2026$4.0M−$1.7M−$47.0M$15.9M$2.2M
Q4 2025$15.1M−$1.5M—$3.5M$13.6M
Q3 2025$20.9M−$2.9M—−$9.3M$18.0M
Q2 2025$33.9M−$6.5M—$18.9M$27.3M
Q1 2025−$11.1M−$1.9M—−$15.3M−$13.0M
Q4 2024$12.6M−$4.1M—$27.7M$8.5M

Impinj: income statement and cash flow

Impinj, Q3 2026: revenue $112M (+17% year over year), operating margin 4.1%. The chart follows the revenue to costs, profit and cash.

Impinj: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.