Impinj, Inc. (PI) Income Statement Analysis

See more : Stoke Therapeutics, Inc. (STOK) Income Statement Analysis – Financial Results

Complete financial analysis of Impinj, Inc. (PI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Impinj, Inc., a leading company in the Communication Equipment industry within the Technology sector.

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Impinj, Inc. (PI)

Industry: Communication Equipment

Sector: Technology

Website: https://www.impinj.com

About Impinj, Inc.

Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform, which comprises multiple product families, wirelessly connects individual items and delivers data about the connected items to business and consumer applications. The company's platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item. Its platform also consists of systems products that comprise reader ICs, readers, and gateways to wirelessly provide power to and communicate bidirectionally with endpoint ICs on host items, as well as to read, write, authenticate, and engage the endpoint ICs on those items; and software and algorithms that enables its partners to deliver use cases, such as retail self-checkout and loss prevention, and warehouse pallet and carton tracking to end-users. The company primarily serves retail, supply chain and logistics, aviation, automotive, healthcare, industrial and manufacturing, sports, food, datacenter, travel, banking, and linen and uniform tracking sectors through distributors, system integrators, value-added resellers, and software solution partners. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2010	2009
Revenue	307.54M	257.80M	190.28M	138.92M	152.84M	122.63M	125.30M	112.29M	78.48M	63.76M	55.49M	31.80M	20.82M
Cost of Revenue	155.56M	119.92M	91.33M	73.78M	78.83M	64.35M	60.36M	52.83M	37.51M	30.12M	27.04M	17.61M	9.00M
Gross Profit	151.98M	137.88M	98.95M	65.14M	74.00M	58.28M	64.94M	59.45M	40.97M	33.64M	28.45M	14.19M	11.82M
Gross Profit Ratio	49.42%	53.48%	52.00%	46.89%	48.42%	47.52%	51.83%	52.95%	52.21%	52.76%	51.27%	44.61%	56.76%
Research & Development	88.56M	74.11M	64.06M	48.59M	38.88M	34.17M	32.22M	25.19M	17.01M	14.29M	11.58M	10.66M	9.49M
General & Administrative	60.83M	45.47M	36.14M	34.96M	24.14M	22.30M	18.16M	12.43M	8.03M	6.12M	5.14M	5.59M	5.27M
Selling & Marketing	41.12M	37.89M	34.29M	28.66M	32.64M	32.93M	31.58M	22.33M	14.34M	10.83M	9.59M	8.26M	7.32M
SG&A	101.95M	83.36M	70.42M	63.62M	56.78M	55.23M	49.74M	34.76M	22.37M	16.94M	15.46M	13.84M	12.59M
Other Expenses	4.95M	285.00K	-11.31M	650.00K	1.24M	808.00K	0.00	0.00	673.00K	1.96M	0.00	0.00	0.00
Operating Expenses	195.47M	157.47M	134.48M	112.21M	95.66M	89.40M	81.96M	59.94M	39.37M	33.19M	26.85M	24.50M	22.08M
Cost & Expenses	351.02M	277.38M	225.81M	185.99M	174.50M	153.75M	142.32M	112.78M	76.88M	63.31M	53.89M	42.11M	31.08M
Interest Income	0.00	2.41M	2.53M	4.76M	552.00K	0.00	508.00K	616.00K	673.00K	838.00K	1.27M	8.00K	234.00K
Interest Expense	4.85M	4.92M	2.55M	5.41M	1.79M	1.40M	908.00K	1.63M	1.21M	901.00K	0.00	793.00K	524.00K
Depreciation & Amortization	13.62M	6.04M	4.60M	4.50M	4.81M	4.53M	3.95M	2.87M	1.97M	1.37M	994.00K	1.32M	1.50M
EBITDA	-27.94M	-13.54M	-43.96M	-41.92M	-16.19M	-29.53M	-12.56M	3.00M	4.25M	2.66M	3.51M	-9.19M	-8.18M
EBITDA Ratio	-9.08%	-5.14%	-22.20%	-30.17%	-10.21%	-21.02%	-10.02%	2.67%	5.41%	4.17%	6.33%	-28.28%	-40.99%
Operating Income	-43.48M	-19.58M	-35.53M	-47.07M	-21.66M	-34.87M	-17.02M	-488.00K	1.60M	456.00K	2.52M	-10.32M	-10.27M
Operating Income Ratio	-14.14%	-7.60%	-18.67%	-33.88%	-14.17%	-28.43%	-13.58%	-0.43%	2.04%	0.72%	4.53%	-32.45%	-49.33%
Total Other Income/Expenses	-204.00K	-4.64M	-13.86M	-4.76M	-1.13M	-595.00K	-400.00K	-1.02M	-535.00K	-63.00K	-2.18M	-978.00K	67.00K
Income Before Tax	-43.69M	-24.12M	-51.11M	-51.83M	-22.79M	-35.46M	-17.42M	-1.51M	1.07M	393.00K	333.00K	-11.30M	-10.20M
Income Before Tax Ratio	-14.21%	-9.35%	-26.86%	-37.31%	-14.91%	-28.92%	-13.90%	-1.34%	1.36%	0.62%	0.60%	-35.52%	-49.01%
Income Tax Expense	-322.00K	184.00K	153.00K	89.00K	198.00K	-233.00K	-97.00K	168.00K	166.00K	96.00K	98.00K	90.00K	-50.00K
Net Income	-43.37M	-24.30M	-51.26M	-51.92M	-22.99M	-35.23M	-17.32M	-1.67M	900.00K	297.00K	-11.07M	-11.39M	-9.86M
Net Income Ratio	-14.10%	-9.43%	-26.94%	-37.38%	-15.04%	-28.73%	-13.82%	-1.49%	1.15%	0.47%	-19.94%	-35.81%	-47.37%
EPS	-1.62	-0.95	-2.12	-2.28	-1.05	-1.65	-0.84	-0.16	-0.81	-0.86	-3.52	-0.89	-0.77
EPS Diluted	-1.62	-0.95	-2.12	-2.28	-1.05	-1.65	-0.84	-0.16	-0.81	-0.86	-3.52	-0.89	-0.77
Weighted Avg Shares Out	26.75M	25.54M	24.18M	22.82M	21.85M	21.33M	20.68M	10.78M	12.79M	12.79M	3.14M	12.79M	12.79M
Weighted Avg Shares Out (Dil)	26.75M	25.54M	24.18M	22.82M	21.85M	21.33M	20.68M	10.78M	12.79M	12.79M	3.14M	12.79M	12.79M

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