Impinj Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	359.8	366.09	307.54	257.8	190.28	138.92
Revenue Growth (YoY)	4.24%	19.04%	19.29%	35.48%	36.97%	-9.10%
Cost of Revenue	171.95	177.23	155.56	119.92	91.33	73.78
Gross Profit	187.84	188.86	151.98	137.88	98.95	65.14
Selling, General & Admin	83.9	90.4	98.68	83.36	70.42	58.26
Research & Development	101.58	98.83	88.56	74.11	64.06	48.59
Amortization of Goodwill & Intangibles	2.03	2.9	4.95	-	-	-
Operating Expenses	187.51	192.13	192.2	157.47	134.48	106.85
Operating Income	0.33	-3.27	-40.21	-19.58	-35.53	-41.71
Interest Expense	-4.79	-4.87	-4.85	-4.92	-2.55	-5.41
Interest & Investment Income	8.81	7.94	4.64	2.52	0.03	0.65
EBT Excluding Unusual Items	4.36	-0.21	-40.42	-21.99	-38.05	-46.48
Merger & Restructuring Charges	-1	-2.81	-1.7	0.1	-1.72	-
Legal Settlements	-	45	-	-	-	-5.36
Other Unusual Items	-16.01	-0.99	-1.57	-2.23	-11.33	-
Pretax Income	-12.66	41	-43.69	-24.12	-51.11	-51.83
Income Tax Expense	-0.26	0.16	-0.32	0.18	0.15	0.09
Net Income	-12.4	40.84	-43.37	-24.3	-51.26	-51.92
Net Income to Common	-12.4	40.84	-43.37	-24.3	-51.26	-51.92
Shares Outstanding (Basic)	29	28	27	26	24	23
Shares Outstanding (Diluted)	29	29	27	26	24	23
Shares Change (YoY)	-6.08%	10.16%	4.75%	5.64%	5.95%	4.45%
EPS (Basic)	-0.43	1.46	-1.62	-0.95	-2.12	-2.28
EPS (Diluted)	-0.55	1.39	-1.62	-0.95	-2.12	-2.28
Free Cash Flow	40.76	111.2	-67.97	-11.44	-9.77	-19.95
Free Cash Flow Per Share	1.41	3.77	-2.54	-0.45	-0.40	-0.87
Gross Margin	52.21%	51.59%	49.42%	53.49%	52.00%	46.89%
Operating Margin	0.09%	-0.89%	-13.08%	-7.60%	-18.67%	-30.03%
Profit Margin	-3.45%	11.15%	-14.10%	-9.43%	-26.94%	-37.38%
Free Cash Flow Margin	11.33%	30.38%	-22.10%	-4.44%	-5.13%	-14.36%
EBITDA	14.85	10.32	-26.59	-13.54	-30.93	-37.21
EBITDA Margin	4.13%	2.82%	-8.65%	-5.25%	-16.25%	-26.78%
D&A For EBITDA	14.52	13.59	13.62	6.04	4.6	4.5
EBIT	0.33	-3.27	-40.21	-19.58	-35.53	-41.71
EBIT Margin	0.09%	-0.89%	-13.08%	-7.60%	-18.67%	-30.03%
Effective Tax Rate	-	0.38%	-	-	-	-

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