Impinj, Inc. (PI) vs Varonis Systems, Inc. (VRNS)
A side-by-side comparison of Impinj, Inc. and Varonis Systems, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
PI
Impinj, Inc.
$184.02TechnologyDelayed quote: Oct 6, 2026, 3:59 PM EDT
VRNS
Varonis Systems, Inc.
$49.08TechnologyDelayed quote: Oct 6, 2026, 4:00 PM EDT
Total return — PI vs VRNS
growth of $100 · dividends reinvested · last 10yPI +414.4% (+17.8%/yr)VRNS +378.6% (+16.9%/yr)PI compounded faster over this window
PI VRNS
PI vs VRNS: by the numbers
- •VRNS is the larger company ($5.64B vs $5.62B market cap).
- •Both run net losses; PI's is the smaller (-7.26% vs -20.55% net margin).
- •PI grew revenue faster over the past five years (18.78% vs 15.48% CAGR).
Metrics side by side
Valuation
| Metric | PI | VRNS |
|---|---|---|
| Forward P/E | 87.94 | 328.60 |
| P/S ratio | 15.13 | 8.19 |
| P/B ratio | 24.28 | 12.68 |
| EV / EBITDA | 661.99 | N/A |
| FCF yield | 1.12% | 2.16% |
Profitability
| Metric | PI | VRNS |
|---|---|---|
| Gross margin | 52.71% | 77.07% |
| Operating margin | -1.80% | -21.99% |
| Net margin | -7.26% | -20.55% |
| ROE | -11.65% | -31.81% |
| ROIC | -1.34% | -14.43% |
Growth (annualized)
| Metric | PI | VRNS |
|---|---|---|
| Revenue CAGR (5Y) | 18.78% | 15.48% |
| FCF CAGR (5Y) | N/A | 71.26% |
| Total return CAGR (5Y) | 27.51% | -4.91% |
Frequently asked
- Which has grown faster, PI or VRNS?
- Over the past five years, PI grew revenue faster — PI at a 18.78% CAGR versus VRNS at 15.48%.
- How have PI and VRNS total returns compared?
- Over the past 10 years, PI delivered 19.01% and VRNS delivered 16.95% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Impinj ROEVaronis Systems ROEImpinj operating marginVaronis Systems operating marginImpinj revenue growthVaronis Systems revenue growthImpinj free cash flowVaronis Systems free cash flow
Impinj & Varonis Systems appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.