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Impinj vs Nortech Systems: PI and NSYS compared
Impinj is the larger company: $112M of revenue in its latest quarter (Q3 2026) against $33.5M for Nortech Systems (Q2 2026). Impinj is growing faster (+17% against +9% a year earlier). Impinj is more profitable, with an operating margin of 4.1% against 1.9%.
Where the money goes: PI and NSYS
Impinj (PI) · Q3 2026
Impinj, Q3 2026: revenue $112M (+17% year over year), operating margin 4.1%, net earnings $4.7M, operating cash flow $25.6M. The chart follows the revenue to costs, profit and cash.
Nortech Systems (NSYS) · Q2 2026
Nortech Systems, Q2 2026: revenue $33.5M (+9% year over year), operating margin 1.9%, net earnings $316K, operating cash flow −$888K. The chart follows the revenue to costs, profit and cash.
| Impinj (PI) | Nortech Systems (NSYS) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $112M | $33.5M |
| Revenue growth, Y/Y | +17% | +9% |
| Gross margin | 52.8% | 17.0% |
| Operating margin | 4.1% | 1.9% |
| Net earnings | $4.7M | $316K |
| Net margin | 4.2% | 0.9% |
| Operating cash flow | $25.6M | −$888K |
| Free cash flow | $20.6M | — |
| Market value | $6.0B | — |
| Analysts’ mean target | $206.44 | — |
Where the revenue comes from
Impinj
- Endpoint I Cs: $97.3M (87%)
- Systems: $14.8M (13%)
Nortech Systems
- Medical Imaging: $10.8M (32%)
- Medical Device: $10.3M (31%)
- Industrial: $8.1M (24%)
- Aero space And Defense: $4.3M (13%)
Questions
Which is bigger, Impinj or Nortech Systems?
Impinj is the larger company: $112M of revenue in its latest quarter (Q3 2026) against $33.5M for Nortech Systems (Q2 2026).
Is Impinj or Nortech Systems growing faster?
Impinj is growing faster (+17% against +9% a year earlier).
Which is more profitable, Impinj or Nortech Systems?
Impinj is more profitable, with an operating margin of 4.1% against 1.9%.
More: Impinj earnings · how Impinj makes money · Nortech Systems earnings · how Nortech Systems makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 28, 2026; 10-Q filed Aug 12, 2026). Fiscal quarters can end on different dates. Not investment advice.