Impinj, Inc. (PI)

Impinj Income Statement

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

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

Updated Feb 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q