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M-tron Industries vs Impinj: revenue, profit, margins and growth compared

M-tron Industries brought in $54.4M of revenue in fiscal 2025, Impinj $361.1M in fiscal 2025. Revenue changed by +11.0% at M-tron Industries and -1.4% at Impinj on the year before, so M-tron Industries grew faster. M-tron Industries kept 15.5% of its revenue as net profit, Impinj -3.0%. Free cash flow was $8.1M at M-tron Industries and $45.9M at Impinj.

Side by side, latest fiscal year

MPTIPI
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$54.4M$361.1M
Revenue growth+11.0%-1.4%
Net income$8.4M-$10.8M
Net margin15.5%-3.0%
Free cash flow$8.1M$45.9M
Free cash flow margin14.9%12.7%
Earnings per share (diluted)$2.62-$0.37
Cash$20.9M$48.2M
Debtn/a$280.9M
Price to earnings28.3n/a
Market value$321.9M$5.4B
Dividend yieldn/an/a
Rank by revenue in sector#444 of 530 · Technology#340 of 530 · Technology

Over the years

Revenue
MPTI FY2022: $26.7MMPTI FY2022: $31.8MMPTI FY2023: $41.2MMPTI FY2024: $49MMPTI FY2025: $54.4MPI FY2018: $122.6MPI FY2019: $152.8MPI FY2020: $138.9MPI FY2021: $190.3MPI FY2022: $257.8MPI FY2023: $307.5MPI FY2024: $366.1MPI FY2025: $361.1MFY18FY19FY20FY21FY22FY23FY24FY25
MPTI $54.4MPI $361.1M
Net income
MPTI FY2022: $1.6MMPTI FY2022: $1.8MMPTI FY2023: $3.5MMPTI FY2024: $7.6MMPTI FY2025: $8.4MPI FY2018: -$35.2MPI FY2019: -$23MPI FY2020: -$51.9MPI FY2021: -$51.3MPI FY2022: -$24.3MPI FY2023: -$43.4MPI FY2024: $40.8MPI FY2025: -$10.8MFY18FY19FY20FY21FY22FY23FY24FY25
MPTI $8.4MPI -$10.8M
Net margin
MPTI FY2022: 5.9%MPTI FY2022: 5.6%MPTI FY2023: 8.5%MPTI FY2024: 15.6%MPTI FY2025: 15.5%PI FY2018: -28.7%PI FY2019: -15.0%PI FY2020: -37.4%PI FY2021: -26.9%PI FY2022: -9.4%PI FY2023: -14.1%PI FY2024: 11.2%PI FY2025: -3.0%FY18FY19FY20FY21FY22FY23FY24FY25
MPTI 15.5%PI -3.0%
Revenue growth
MPTI FY2022: +19.3%MPTI FY2023: +29.3%MPTI FY2024: +19.1%MPTI FY2025: +11.0%PI FY2019: +24.6%PI FY2020: -9.1%PI FY2021: +37.0%PI FY2022: +35.5%PI FY2023: +19.3%PI FY2024: +19.0%PI FY2025: -1.4%FY19FY20FY21FY22FY23FY24FY25
MPTI +11.0%PI -1.4%
Free cash flow
MPTI FY2022: $1.9MMPTI FY2022: $1.1MMPTI FY2023: $3.1MMPTI FY2024: $5.6MMPTI FY2025: $8.1MPI FY2018: -$18.1MPI FY2019: $2.3MPI FY2020: -$20MPI FY2021: -$9.8MPI FY2022: -$11.4MPI FY2023: -$68MPI FY2024: $111.2MPI FY2025: $45.9MFY18FY19FY20FY21FY22FY23FY24FY25
MPTI $8.1MPI $45.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about M-tron Industries and Impinj

Which is bigger by revenue, M-tron Industries or Impinj?

Impinj is bigger by revenue: $361.1M in fiscal 2025, against $54.4M for M-tron Industries in fiscal 2025.

Which keeps more of its revenue as profit, M-tron Industries or Impinj?

M-tron Industries had a net margin of 15.5% in fiscal 2025; Impinj had -3.0% in fiscal 2025.

Which grew revenue faster, M-tron Industries or Impinj?

In their latest fiscal years revenue changed by +11.0% at M-tron Industries and -1.4% at Impinj.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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