PI
Market read
The latest filing evidence is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.
Invalidation: The isolated read changes if PI's group or a disclosed connection begins moving with it.
Research brief
The latest filing evidence is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.
Company research
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
“System sales tend to be higher in the fourth quarter and lower in the first quarter, we believe due to the availability of residual funding for capital expenditures prior to the end of many end users’ fiscal years.”10-Q · Jul 29, 2026 ↗
“21 Table of Contents Six months ended June 30, 2026 compared with six months ended June 30, 2025 Research and development expense increased $8.0 million, due primarily to increases of $5.3 million in personnel expenses due to higher headcount and higher bonus…”10-Q · Jul 29, 2026 ↗
“We also see quarter-to-quarter revenue and gross margin variability due to macroeconomic conditions, program-launch timing and our ability to migrate OEMs and end users to newer, lower cost products.”10-Q · Jul 29, 2026 ↗
“The operating expense decrease was due to lower sales and marketing costs, general and administrative costs, restructuring costs and amortization of intangibles, partially offset by increased research and development costs.”10-Q · Oct 29, 2025 ↗
Valuation discipline
Price/sales 14.4× · EV/sales 14.7×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
Jodie has not returned a relevant primary source or news item for PI. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Latest filing assessment · baseline
10-Q filed 2026-04-29 against the comparable filing from 2025-04-23.
“Results of Operations The following table presents our results of operations for the periods indicated: Three Months Ended March 31, (in thousands, except percentages) 2026 2025 Change Revenue $ 74,250 $ 74,277 $ (27 ) Gross profit $ 36,459 $ 36,681 $ (222 ) Gross margin 49.1 % 49.4 % (0.3 )% Loss from operations $ (15,168 ) $ (9,569 ) $ (5,599 ) Three months ended March 31, 2026 compared with three months ended March 31, 2025 Revenue and gross profit decreased, due primarily to decreased systems revenue partially offset by higher endpoint IC revenue.”
“Three months ended March 31, 2026 compared with three months ended March 31, 2025 Endpoint IC revenue increased $2.0 million, due to a $7.9 million increase in shipment volumes offset by a $5.9 million decrease from lower ASP due to product mix and new customer pricing that went into effect at the beginning of the year.”
“Three months ended March 31, 2026 compared with three months ended March 31, 2025 Gross profit and gross margin decreased, due primarily to higher indirect costs in the current year compared to the prior-year period and revenue mix, partially offset by higher endpoint IC gross margin due to product mix.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Business ecosystem
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
“Our primary competition includes: • Endpoint ICs: NXP B.V., or NXP, Kiloway, Quanray, Shanghai Fudan Microelectronics Group, Alibaba and Alien Technology Corporation, or Alien.”
“Plexus Corp., or Plexus, manufactures our readers and gateways in Asia and has been our supplier since 2005.”
Depended on by
“RFID and RTLS Offerings : We compete with numerous companies operating in this market including Chainway, Impinj, Invengo, JADAK, Rodinbell, TSC and Ubisense.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 6 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
PI is currently a Leader in the organic co-movement group RFID Connectivity. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for PI; it is not active in the latest market snapshot.
Context history
No durable theme membership has been observed for this name yet.