AXT (AXTI) vs Impinj (PI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
AXT (AXTI) has outperformed Impinj (PI) over the past year, gaining 1249.5% versus a loss of 13.7%. Over five years, AXTI leads with a +876.6% price change compared with +248.8% for PI. Impinj is the larger company by market cap ($5.61 billion vs $4.70 billion), about 1.2 times the size.
On valuation, AXT trades at a lower forward P/E (31.8x vs 65.4x for Impinj). Impinj converts more of its revenue into profit, with a net margin of -3.0% versus -24.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AXTI | PI |
|---|---|---|
| Share price | $71.66 | $183.45 |
| Market cap | $4.70B | $5.61B |
| 1-day change | -10.19% | -3.97% |
| YTD return | +338.29% | +5.42% |
| 1-year return | +1249.53% | -13.65% |
| 5-year return | +876.62% | +248.83% |
| Forward P/E | 31.85 | 65.44 |
| EPS (TTM) | $0.04 | $-0.91 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $88.33M | $361.07M |
| Revenue growth (YoY) | -11.11% | -1.37% |
| Net income (latest FY) | $-21.26M | $-10.85M |
| Gross margin | 12.73% | 52.53% |
| Operating margin | -24.88% | -0.20% |
| Net margin | -24.07% | -3.00% |
| 52-week high | $143.16 | $247.06 |
| 52-week low | $4.00 | $87.36 |
| Distance from 52-week high | -49.94% | -25.75% |
| Analyst consensus | none | buy |
| Avg. price target upside | +27.83% | -1.40% |
| Average volume | 9.79M | 410.52K |
| Shares outstanding | 65.57M | 30.55M |
| Employees | 1,541 | 457 |
| Sector | Technology | Technology |
| Industry | Semiconductor Equipment & Materials | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- AXTI has outperformed PI by 1263.2 percentage points over the past year.
- Impinj is more profitable, keeping -3.0 cents of every revenue dollar as net income versus -24.1 cents for AXT.
- Impinj grew revenue faster in its latest fiscal year (-1.37% vs -11.11%).
About AXT
AXTI stock →AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates.
Technology · Semiconductor Equipment & Materials · 1,541 employees
About Impinj
PI stock →Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.
Technology · Industrial Machinery/Components · 457 employees
AXTI vs PI FAQ
Which is bigger, AXT or Impinj?
Impinj (PI) is larger, with a market capitalization of $5.61B compared with $4.70B for AXT (AXTI).
Which stock has performed better over the past year, AXTI or PI?
AXTI returned +1249.53% over the past 12 months, compared with -13.65% for PI (price return, excluding dividends). Past performance does not predict future results.
Are AXT and Impinj in the same industry?
Both are in the Technology sector, but in different industries: Semiconductor Equipment & Materials for AXT and Industrial Machinery/Components for Impinj.