Impinj Inc., a leading provider in the RAIN RFID and Internet of Things sectors, announced its financial results for the second quarter of 2025. The company reported a revenue of $97.9 million, surpassing its guidance. The GAAP net income was $11.6 million, equating to $0.39 per diluted share, calculated with 29.7 million shares. Additionally, the adjusted EBITDA for the quarter reached $27.6 million. In terms of non-GAAP measures, Impinj reported a net income of $24.5 million, or $0.80 per diluted share using 32.2 million shares. Looking ahead, Impinj provided its financial outlook for the third quarter of 2025, projecting revenues to be between $91.0 million and $94.0 million. The company anticipates a GAAP net loss ranging from $2.2 million to $0.7 million. The adjusted EBITDA income for the upcoming quarter is expected to be in the range of $15.6 million to $17.1 million. Chris Diorio, Impinj's co-founder and CEO, highlighted the company's focus on extending its technology lead, increasing market share, and enhancing platform adoption while maintaining customer satisfaction.