Impinj, Inc. (PI)

Impinj Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	358.94	366.09	307.54	257.8	190.28	138.92
Revenue Growth (YoY)	13.96%	19.04%	19.29%	35.48%	36.97%	-9.10%
Cost of Revenue	171.85	177.23	155.56	119.92	91.33	73.78
Gross Profit	187.09	188.86	151.98	137.88	98.95	65.14
Selling, General & Admin	84.82	90.4	98.68	83.36	70.42	58.26
Research & Development	101.35	98.83	88.56	74.11	64.06	48.59
Operating Expenses	188.18	192.13	192.2	157.47	134.48	106.85
Operating Income	-1.09	-3.27	-40.21	-19.58	-35.53	-41.71
Interest Expense	-4.89	-4.87	-4.85	-4.92	-2.55	-5.41
Interest & Investment Income	8.64	7.94	4.64	2.52	0.03	0.65
EBT Excluding Unusual Items	2.66	-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	-0.99	-0.99	-1.57	-2.23	-11.33	-
Pretax Income	0.67	41	-43.69	-24.12	-51.11	-51.83
Income Tax Expense	0.04	0.16	-0.32	0.18	0.15	0.09
Net Income	0.63	40.84	-43.37	-24.3	-51.26	-51.92
Net Income to Common	0.63	40.84	-43.37	-24.3	-51.26	-51.92
Net Income Growth	-94.88%	-	-	-	-	-
Shares Outstanding (Basic)	29	28	27	26	24	23
Shares Outstanding (Diluted)	29	29	27	26	24	23
Shares Change (YoY)	-2.75%	10.16%	4.75%	5.64%	5.95%	4.45%
EPS (Basic)	0.02	1.46	-1.62	-0.95	-2.12	-2.28
EPS (Diluted)	-0.06	1.39	-1.62	-0.95	-2.12	-2.28
Free Cash Flow	27.46	111.2	-67.97	-11.44	-9.77	-19.95
Free Cash Flow Per Share	0.96	3.77	-2.54	-0.45	-0.40	-0.87
Gross Margin	52.12%	51.59%	49.42%	53.49%	52.00%	46.89%
Operating Margin	-0.30%	-0.89%	-13.08%	-7.60%	-18.67%	-30.03%
Profit Margin	0.18%	11.15%	-14.10%	-9.43%	-26.94%	-37.38%
Free Cash Flow Margin	7.65%	30.38%	-22.10%	-4.44%	-5.13%	-14.36%
EBITDA	12.82	10.32	-26.59	-13.54	-30.93	-37.21
EBITDA Margin	3.57%	2.82%	-8.65%	-5.25%	-16.25%	-26.78%
D&A For EBITDA	13.91	13.59	13.62	6.04	4.6	4.5
EBIT	-1.09	-3.27	-40.21	-19.58	-35.53	-41.71
EBIT Margin	-0.30%	-0.89%	-13.08%	-7.60%	-18.67%	-30.03%
Effective Tax Rate	5.66%	0.38%	-	-	-	-

Updated Jul 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q