Impinj, Inc. (BIT:1PI)

Impinj Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	361.08	366.09	307.54	257.8	190.28
Revenue Growth (YoY)	-1.37%	19.04%	19.29%	35.48%	36.97%
Cost of Revenue	171.4	177.23	155.56	119.92	91.33
Gross Profit	189.68	188.86	151.98	137.88	98.95
Selling, General & Admin	85.72	90.4	100.38	83.36	70.42
Research & Development	102.62	98.83	88.56	74.11	64.06
Amortization of Goodwill & Intangibles	2.08	2.9	4.95	-	-
Operating Expenses	190.41	192.13	193.9	157.47	134.48
Operating Income	-0.74	-3.27	-41.91	-19.58	-35.53
Interest Expense	-4.37	-4.87	-4.85	-4.92	-2.55
Interest & Investment Income	9.21	7.94	4.64	2.52	0.03
EBT Excluding Unusual Items	4.11	-0.21	-42.12	-21.99	-38.05
Merger & Restructuring Charges	-	-2.81	-	0.1	-1.72
Legal Settlements	-	45	-	-	-
Other Unusual Items	-15.03	-0.99	-1.57	-2.23	-11.33
Pretax Income	-10.92	41	-43.69	-24.12	-51.11
Income Tax Expense	-0.07	0.16	-0.32	0.18	0.15
Net Income	-10.85	40.84	-43.37	-24.3	-51.26
Net Income to Common	-10.85	40.84	-43.37	-24.3	-51.26
Shares Outstanding (Basic)	29	28	27	26	24
Shares Outstanding (Diluted)	29	29	27	26	24
Shares Change (YoY)	-0.64%	10.16%	4.75%	5.64%	5.95%
EPS (Basic)	-0.37	1.46	-1.62	-0.95	-2.12
EPS (Diluted)	-0.37	1.39	-1.62	-0.95	-2.12
Free Cash Flow	45.89	111.2	-67.97	-11.44	-9.77
Free Cash Flow Per Share	1.57	3.77	-2.54	-0.45	-0.40
Gross Margin	52.53%	51.59%	49.42%	53.49%	52.00%
Operating Margin	-0.20%	-0.89%	-13.63%	-7.60%	-18.67%
Profit Margin	-3.00%	11.15%	-14.10%	-9.43%	-26.94%
Free Cash Flow Margin	12.71%	30.38%	-22.10%	-4.44%	-5.13%
EBITDA	14.3	10.32	-28.29	-13.54	-30.93
EBITDA Margin	3.96%	2.82%	-9.20%	-5.25%	-16.25%
D&A For EBITDA	15.04	13.59	13.62	6.04	4.6
EBIT	-0.74	-3.27	-41.91	-19.58	-35.53
EBIT Margin	-0.20%	-0.89%	-13.63%	-7.60%	-18.67%
Effective Tax Rate	-	0.38%	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.