Impinj (PI) Financials

$98.46 -0.34 (-0.34%)

Closing price 04:00 PM Eastern

Extended Trading

$98.47 +0.01 (+0.01%)

As of 05:15 PM Eastern

Annual Income Statements for Impinj

This table shows Impinj's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-11	-10	-7.93	-17	-35	-23	-52	-51	-24	-43	41
Consolidated Net Income / (Loss)	0.30	0.90	-1.67	-17	-35	-23	-52	-51	-24	-43	41
Net Income / (Loss) Continuing Operations	0.30	0.90	-1.67	-17	-35	-23	-52	-51	-24	-43	41
Total Pre-Tax Income	0.39	1.07	-1.51	-17	-35	-23	-52	-51	-24	-44	41
Total Operating Income	0.46	1.60	-0.49	-17	-35	-22	-47	-37	-19	-43	-7.07
Total Gross Profit	34	41	59	65	58	74	65	99	138	152	189
Total Revenue	64	78	112	125	123	153	139	190	258	308	366
Operating Revenue	64	78	112	125	123	153	139	190	258	308	366
Total Cost of Revenue	30	38	53	60	64	79	74	91	120	156	177
Operating Cost of Revenue	30	38	53	60	64	79	74	91	120	156	177
Total Operating Expenses	33	39	60	82	93	96	112	136	157	195	196
Selling, General & Admin Expense	6.12	7.09	12	18	22	24	35	36	45	61	52
Marketing Expense	11	15	22	32	33	33	29	34	38	41	41
Research & Development Expense	14	18	25	32	34	39	49	64	74	89	99
Amortization Expense	-	-	-	-	-	-	-	0.00	0.00	4.95	2.90
Restructuring Charge	-	-	-	-	3.75	0.00	0.00	1.72	-0.10	0.00	1.81
Total Other Income / (Expense), net	-0.06	-0.54	-1.02	-0.40	-0.60	-1.13	-4.76	-14	-4.64	-0.20	48
Interest Expense	0.90	1.21	1.63	0.91	1.40	2.37	5.41	14	7.16	4.85	4.87
Other Income / (Expense), net	-	-	0.62	0.51	0.81	1.24	0.65	0.03	2.52	4.64	53
Income Tax Expense	0.10	0.17	0.17	-0.10	-0.23	0.20	0.09	0.15	0.18	-0.32	0.16
Basic Earnings per Share	($3.30)	($2.67)	($0.74)	($0.84)	($1.65)	($1.05)	($2.28)	($2.12)	($0.95)	($1.62)	$1.46
Weighted Average Basic Shares Outstanding	3.34M	3.89M	10.78M	20.68M	21.33M	21.85M	22.82M	24.18M	25.54M	26.75M	27.95M
Diluted Earnings per Share	($3.30)	($2.67)	($0.74)	($0.84)	($1.65)	($1.05)	($2.28)	($2.12)	($0.95)	($1.62)	$1.39
Weighted Average Diluted Shares Outstanding	3.34M	3.89M	10.78M	20.68M	21.33M	21.85M	22.82M	24.18M	25.54M	26.75M	29.47M
Weighted Average Basic & Diluted Shares Outstanding	3.34M	3.89M	10.78M	20.68M	21.33M	21.85M	22.82M	24.18M	26.16M	27.20M	28.54M

This table shows Impinj's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	-2.20	-0.12	-4.36	-8.07	-16	-15	33	9.96	0.22	-2.69	-8.45
Consolidated Net Income / (Loss)	-2.20	-0.12	-4.36	-8.07	-16	-15	33	9.96	0.22	-2.69	-8.45
Net Income / (Loss) Continuing Operations	-2.20	-0.12	-4.36	-8.07	-16	-15	33	9.96	0.22	-2.69	-8.45
Total Pre-Tax Income	-2.18	-0.00	-4.29	-8.42	-16	-15	33	9.95	0.43	-2.73	-8.73
Total Operating Income	-1.74	0.06	-4.44	-8.37	-16	-15	-12	9.05	-0.77	-3.61	-9.57
Total Gross Profit	37	40	44	44	31	34	38	58	48	46	37
Total Revenue	68	77	86	86	65	71	77	102	95	92	74
Operating Revenue	68	77	86	86	65	71	77	102	95	92	74
Total Cost of Revenue	31	36	42	42	34	37	39	45	48	45	38
Operating Cost of Revenue	31	36	42	42	34	37	39	45	48	45	38
Total Operating Expenses	39	40	48	52	47	49	49	48	48	50	46
Selling, General & Admin Expense	11	12	16	16	14	16	13	13	12	13	12
Marketing Expense	9.33	9.66	9.97	11	10	10	10	9.83	9.89	11	8.06
Research & Development Expense	19	19	22	23	22	21	23	25	25	26	25
Amortization Expense	0.00	-	0.00	2.15	1.41	1.40	1.41	0.50	0.51	0.49	0.49
Restructuring Charge	-	-	0.00	0.00	0.00	-	1.81	0.00	0.00	-	0.00
Other Special Charges / (Income)	-	-	0.00	0.00	0.00	-	-	0.00	0.00	-	0.00
Total Other Income / (Expense), net	-0.43	-0.06	0.16	-0.05	-0.12	-0.19	45	0.91	1.20	0.89	0.84
Interest Expense	1.21	1.21	1.21	1.21	1.21	1.22	1.22	1.22	1.22	1.22	1.22
Other Income / (Expense), net	0.77	1.15	1.37	1.17	1.09	1.02	46	2.12	2.42	2.11	2.06
Income Tax Expense	0.02	0.12	0.07	-0.35	-0.20	0.15	-0.00	-0.01	0.21	-0.04	-0.28
Basic Earnings per Share	($0.09)	$0.01	($0.17)	($0.30)	($0.59)	($0.56)	$1.22	$0.36	$0.01	($0.13)	($0.30)
Weighted Average Basic Shares Outstanding	25.74M	25.54M	26.29M	26.71M	26.92M	26.75M	27.36M	27.89M	28.17M	27.95M	28.64M
Diluted Earnings per Share	($0.09)	$0.01	($0.17)	($0.30)	($0.59)	($0.56)	$1.10	$0.34	$0.01	($0.06)	($0.30)
Weighted Average Diluted Shares Outstanding	25.74M	25.54M	26.29M	26.71M	26.92M	26.75M	31.43M	29.42M	29.73M	29.47M	28.64M
Weighted Average Basic & Diluted Shares Outstanding	25.91M	26.16M	26.65M	26.86M	27.06M	27.20M	27.71M	28.12M	28.29M	28.54M	28.98M

This table details how cash moves in and out of Impinj's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-4.24	3.18	24	-14	-1.76	49	-43	100	-104	75	-49
Net Cash From Operating Activities	-0.83	3.46	-9.50	-36	-12	4.71	-17	6.47	0.64	-49	128
Net Cash From Continuing Operating Activities	-0.83	3.46	-9.50	-36	-12	4.71	-17	6.47	0.65	-49	128
Net Income / (Loss) Continuing Operations	0.30	0.90	-1.67	-17	-35	-23	-52	-51	-24	-43	41
Consolidated Net Income / (Loss)	0.30	0.90	-1.67	-17	-35	-23	-52	-51	-24	-43	41
Depreciation Expense	1.37	1.97	2.87	3.95	4.53	4.81	4.50	4.60	6.04	14	14
Amortization Expense	0.18	0.15	0.27	0.17	-0.34	-0.30	3.90	1.46	1.37	-0.03	0.52
Non-Cash Adjustments To Reconcile Net Income	1.57	0.48	2.21	7.43	11	21	28	54	48	51	59
Changes in Operating Assets and Liabilities, net	-4.25	-0.04	-13	-30	8.40	1.97	-1.78	-2.50	-31	-70	14
Net Cash From Investing Activities	-0.82	-7.45	-71	21	-5.67	-13	-36	-19	-103	116	-193
Net Cash From Continuing Investing Activities	-0.82	-7.45	-71	21	-5.67	-13	-36	-19	-103	116	-193
Purchase of Property, Plant & Equipment	-1.02	-7.45	-3.53	-6.55	-6.37	-2.43	-3.07	-16	-12	-19	-17
Acquisitions	-	-	-	-	-	-	-	0.00	0.00	-24	0.00
Purchase of Investments	-	-	-67	-49	-52	-72	-83	-84	-206	0.00	-202
Sale of Property, Plant & Equipment	-	-	-	-	-	-	0.00	0.00	0.28	0.23	0.00
Sale and/or Maturity of Investments	-	-	-	77	52	62	50	82	115	158	27
Net Cash From Financing Activities	-2.59	7.18	104	0.14	16	58	9.90	112	-2.15	8.74	16
Net Cash From Continuing Financing Activities	-2.59	7.18	104	0.14	16	58	9.90	112	-2.15	8.74	16
Repayment of Debt	-3.29	-6.94	-67	-2.77	-2.45	-28	0.00	-184	-18	0.00	0.00
Other Financing Activities, net	0.70	0.22	0.66	2.91	1.79	-1.52	9.90	18	15	8.74	16
Cash Interest Paid	0.72	0.97	1.50	0.81	1.18	1.61	1.72	1.56	3.42	3.23	3.23

This table details how cash moves in and out of Impinj's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Change in Cash & Equivalents	6.73	-20	18	7.76	33	17	72	48	-141	-28	15
Net Cash From Operating Activities	14	-6.17	-27	-23	-1.71	1.43	60	45	10	13	-11
Net Cash From Continuing Operating Activities	14	-6.17	-27	-23	-1.71	1.43	60	45	10	13	-11
Net Income / (Loss) Continuing Operations	-2.20	-0.12	-4.36	-8.07	-16	-15	33	9.96	0.22	-2.69	-8.45
Consolidated Net Income / (Loss)	-2.20	-0.12	-4.36	-8.07	-16	-15	33	9.96	0.22	-2.69	-8.45
Depreciation Expense	1.48	1.59	1.79	4.27	3.67	3.89	3.91	3.00	3.25	3.43	3.52
Amortization Expense	0.28	-0.14	-0.37	-0.12	0.09	0.37	0.34	0.37	0.27	-0.46	-0.18
Non-Cash Adjustments To Reconcile Net Income	11	11	11	14	13	13	13	15	15	16	13
Changes in Operating Assets and Liabilities, net	3.97	-19	-35	-32	-2.67	-0.58	9.78	17	-9.14	-3.51	-19
Net Cash From Investing Activities	-14	-16	40	29	32	14	5.05	0.42	-154	-44	21
Net Cash From Continuing Investing Activities	-14	-16	40	29	32	14	5.05	0.42	-154	-44	21
Purchase of Property, Plant & Equipment	-2.25	-6.10	-7.58	-5.62	-2.77	-2.62	-6.20	-1.37	-5.41	-4.13	-1.86
Purchase of Investments	-44	-46	0.00	-	-	-	0.00	-	-154	-48	-26
Sale and/or Maturity of Investments	33	35	48	58	35	17	11	1.79	5.57	8.00	49
Net Cash From Financing Activities	5.97	2.95	4.52	1.23	2.14	0.85	6.92	1.93	3.05	3.78	5.06
Net Cash From Continuing Financing Activities	5.97	2.95	4.52	1.23	2.14	0.85	6.92	1.93	3.05	3.78	5.06
Other Financing Activities, net	5.97	2.95	4.52	1.23	2.14	0.85	6.92	1.93	3.05	3.78	5.06

This table presents Impinj's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	53	168	152	145	215	208	316	350	359	489
Total Current Assets	36	149	130	121	177	171	256	275	270	326
Cash & Equivalents	10	34	19	18	67	24	124	20	95	46
Short-Term Investments	-	67	39	39	50	82	69	154	18	119
Accounts Receivable	13	17	22	18	24	25	35	50	55	57
Inventories, net	12	28	47	45	34	36	22	46	97	99
Prepaid Expenses	1.10	3.00	2.36	1.95	2.39	3.94	5.05	5.03	4.37	5.54
Plant, Property, & Equipment, net	12	15	18	20	17	17	28	39	45	51
Total Noncurrent Assets	4.56	3.88	4.12	4.08	21	20	32	36	45	112
Long-Term Investments	-	-	-	-	-	-	14	19	0.00	75
Goodwill	3.88	3.88	3.88	3.88	3.88	3.88	3.88	3.88	20	19
Intangible Assets	0.04	-	-	-	-	-	-	0.00	14	10
Other Noncurrent Operating Assets	0.64	-	0.24	0.20	17	16	14	12	11	8.19
Total Liabilities & Shareholders' Equity	53	168	152	145	215	208	316	350	359	489
Total Liabilities	40	44	33	47	90	98	327	334	325	339
Total Current Liabilities	17	25	20	23	19	28	36	42	31	331
Short-Term Debt	6.42	3.72	5.02	5.93	-	0.00	9.63	0.00	0.00	283
Accounts Payable	3.18	7.17	4.67	4.64	5.60	10	12	25	8.66	17
Accrued Expenses	2.90	6.10	3.16	2.89	4.11	1.47	3.07	2.93	8.61	2.68
Current Deferred Revenue	0.94	0.75	1.34	1.05	0.55	6.81	0.56	2.25	1.71	1.85
Current Employee Benefit Liabilities	4.04	7.65	5.73	7.41	5.86	5.53	6.37	9.05	8.52	22
Other Current Liabilities	-	-	-	1.11	3.38	3.64	4.14	3.12	3.37	3.59
Total Noncurrent Liabilities	22	18	13	24	70	71	291	292	294	8.04
Long-Term Debt	11	9.68	5.50	18	51	55	279	280	282	0.00
Noncurrent Deferred Revenue	5.69	5.99	6.39	5.48	0.21	0.28	0.24	0.35	0.27	0.12
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	-	-	-	-	-	0.12	2.91	2.20
Other Noncurrent Operating Liabilities	3.54	0.77	0.53	0.56	19	16	12	11	9.36	5.72
Commitments & Contingencies	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-85	124	119	98	125	109	-11	16	34	150
Total Preferred & Common Equity	-85	124	119	98	125	109	-11	16	34	150
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-85	124	119	98	125	109	-11	16	34	150
Common Stock	100	311	324	338	388	424	351	404	464	541
Retained Earnings	-185	-187	-205	-240	-263	-315	-362	-387	-430	-389
Accumulated Other Comprehensive Income / (Loss)	-	-0.01	-0.04	-0.01	0.03	0.00	-0.04	-1.25	0.36	-1.94

This table presents Impinj's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025
Total Assets	328	373	384	364	414	446	476	480
Total Current Assets	260	305	284	273	324	358	329	309
Cash & Equivalents	39	37	45	78	167	215	74	61
Short-Term Investments	143	117	64	35	7.29	5.56	97	87
Accounts Receivable	41	61	59	48	59	54	64	57
Inventories, net	32	86	112	107	88	81	88	98
Prepaid Expenses	5.51	3.84	3.46	4.45	3.12	3.15	6.10	5.07
Plant, Property, & Equipment, net	31	42	45	45	47	47	50	50
Total Noncurrent Assets	37	26	55	46	42	41	97	122
Long-Term Investments	19	10	6.00	0.00	0.00	0.00	57	85
Goodwill	3.88	3.88	20	19	19	19	20	19
Intangible Assets	-	-	17	15	12	12	12	10
Other Noncurrent Operating Assets	14	12	13	12	10	9.66	8.93	7.45
Total Liabilities & Shareholders' Equity	328	373	384	364	414	446	476	480
Total Liabilities	326	346	347	329	328	329	340	319
Total Current Liabilities	34	55	51	34	34	319	331	28
Short-Term Debt	0.00	-	-	-	-	283	283	0.00
Accounts Payable	13	37	28	11	9.42	15	21	11
Accrued Expenses	6.08	7.38	9.68	9.31	12	2.85	3.70	3.08
Current Deferred Revenue	2.81	0.50	2.52	2.43	1.67	2.09	2.23	1.63
Current Employee Benefit Liabilities	7.94	7.04	7.75	7.70	8.21	13	18	8.95
Other Current Liabilities	3.56	2.97	3.30	3.31	3.45	3.46	3.53	3.67
Total Noncurrent Liabilities	292	291	296	295	294	10	9.25	291
Long-Term Debt	280	281	281	281	282	0.00	0.00	284
Noncurrent Deferred Revenue	0.34	0.32	0.34	0.33	0.24	0.18	0.14	0.22
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	3.42	3.06	2.57	2.47	2.45	2.19
Other Noncurrent Operating Liabilities	12	10	11	10	8.44	7.55	6.66	4.78
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2.06	27	37	35	86	117	136	161
Total Preferred & Common Equity	2.06	27	37	35	86	117	136	161
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2.06	27	37	35	86	117	136	161
Common Stock	390	418	436	451	483	504	522	559
Retained Earnings	-387	-391	-399	-415	-397	-387	-387	-398
Accumulated Other Comprehensive Income / (Loss)	-1.73	-0.61	-0.33	-1.00	-0.27	-0.42	0.59	-0.37

This table displays calculated financial ratios and metrics derived from Impinj's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	23.08%	43.08%	11.59%	-2.13%	24.63%	-9.10%	36.97%	35.48%	19.29%	19.04%
EBITDA Growth	0.00%	85.88%	-12.30%	-479.43%	-140.97%	46.74%	-138.93%	18.03%	69.35%	-164.32%	337.58%
EBIT Growth	0.00%	251.10%	-92.01%	-12,999.22%	-106.29%	40.05%	-127.34%	19.81%	54.43%	-128.98%	218.09%
NOPAT Growth	0.00%	292.24%	-125.27%	-3,387.50%	-104.88%	37.88%	-117.31%	20.87%	47.71%	-123.24%	76.87%
Net Income Growth	0.00%	203.03%	-285.89%	-935.39%	-103.39%	34.75%	-125.88%	1.28%	52.59%	-78.45%	194.17%
EPS Growth	0.00%	19.09%	72.28%	-13.51%	-96.43%	36.36%	-117.14%	7.02%	55.19%	-70.53%	185.80%
Operating Cash Flow Growth	0.00%	515.38%	-374.80%	-277.87%	67.18%	139.98%	-458.47%	138.31%	-90.09%	-7,803.90%	359.83%
Free Cash Flow Firm Growth	0.00%	0.00%	21.81%	-175.63%	61.07%	46.80%	-228.55%	-23.35%	-22.93%	-177.96%	101.49%
Invested Capital Growth	0.00%	0.00%	71.96%	86.90%	-9.32%	-8.80%	-3.41%	20.94%	47.73%	97.06%	-4.43%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	-5.14%	6.75%	4.23%	-3.05%	9.26%	10.27%	-1.89%	6.06%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	-860.93%	10.66%	-1.80%	-22.09%	16.94%	46.86%	-93.76%	22.51%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	-222.10%	9.64%	-2.92%	-20.18%	15.14%	34.38%	-63.06%	36.68%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	-138.03%	8.72%	-2.99%	-19.15%	15.24%	28.45%	-52.10%	61.04%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	-119.68%	8.68%	-7.95%	-18.31%	-9.15%	45.02%	-53.22%	44.06%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-207.69%	9.34%	-6.06%	-18.13%	-6.53%	46.63%	-54.29%	56.18%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	-45.15%	-8.57%	39.72%	-8.44%	-86.32%	-8.71%	-77.67%	13.34%	9.56%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	18.65%	-34.40%	-36.07%	-15.79%	-17.68%	8.35%	128.27%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	-4.58%	-7.35%	-5.12%	-0.55%	15.93%	27.25%	-0.13%	1.03%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	52.76%	52.05%	52.95%	51.83%	47.52%	48.42%	46.89%	52.00%	53.48%	49.42%	51.59%
EBITDA Margin	3.14%	4.75%	2.91%	-9.89%	-24.36%	-10.41%	-27.36%	-16.37%	-3.70%	-8.21%	16.38%
Operating Margin	0.72%	2.04%	-0.43%	-13.58%	-28.43%	-14.17%	-33.88%	-19.58%	-7.56%	-14.14%	-1.93%
EBIT Margin	0.72%	2.04%	0.11%	-13.18%	-27.77%	-13.36%	-33.41%	-19.56%	-6.58%	-12.63%	12.53%
Profit (Net Income) Margin	0.47%	1.15%	-1.49%	-13.82%	-28.73%	-15.04%	-37.38%	-26.94%	-9.43%	-14.10%	11.16%
Tax Burden Percent	75.57%	84.43%	111.16%	99.44%	99.34%	100.87%	100.17%	100.30%	100.76%	99.26%	99.62%
Interest Burden Percent	86.18%	66.58%	-1,175.78%	105.50%	104.12%	111.61%	111.66%	137.30%	142.18%	112.48%	89.38%
Effective Tax Rate	24.43%	15.57%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.38%
Return on Invested Capital (ROIC)	0.00%	12.05%	-1.12%	-21.53%	-35.51%	-24.26%	-56.23%	-40.99%	-15.81%	-19.92%	-3.55%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	2.55%	2.39%	-13.35%	-8.24%	-8.31%	-23.83%	-213.55%	-28.50%	-30.02%	41.51%
Return on Net Nonoperating Assets (RNNOA)	0.00%	1.87%	-1.32%	7.27%	3.01%	3.66%	11.91%	-63.58%	-1,060.65%	-154.52%	47.94%
Return on Equity (ROE)	0.00%	13.92%	-2.44%	-14.26%	-32.50%	-20.60%	-44.31%	-104.57%	-1,076.46%	-174.43%	44.39%
Cash Return on Invested Capital (CROIC)	0.00%	-187.95%	-54.04%	-82.11%	-25.73%	-15.06%	-52.75%	-59.95%	-54.34%	-85.26%	0.98%
Operating Return on Assets (OROA)	0.00%	3.03%	0.12%	-10.33%	-22.93%	-11.34%	-21.97%	-14.23%	-5.10%	-10.95%	10.81%
Return on Assets (ROA)	0.00%	1.70%	-1.52%	-10.84%	-23.72%	-12.77%	-24.57%	-19.60%	-7.31%	-12.23%	9.63%
Return on Common Equity (ROCE)	0.00%	-91.58%	-0.70%	-14.26%	-32.50%	-20.60%	-44.31%	-104.57%	-1,076.46%	-174.43%	44.39%
Return on Equity Simple (ROE_SIMPLE)	0.00%	-1.06%	-1.35%	-14.56%	-35.99%	-18.35%	-47.58%	462.80%	-155.87%	-127.06%	27.25%
Net Operating Profit after Tax (NOPAT)	0.34	1.35	-0.34	-12	-24	-15	-33	-26	-14	-30	-7.04
NOPAT Margin	0.54%	1.72%	-0.30%	-9.51%	-19.90%	-9.92%	-23.72%	-13.70%	-5.29%	-9.90%	-1.92%
Net Nonoperating Expense Percent (NNEP)	0.00%	9.50%	-3.51%	-8.18%	-27.28%	-15.95%	-32.39%	172.56%	12.70%	10.10%	-45.06%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-4.61%	-9.63%	-1.63%
Cost of Revenue to Revenue	47.24%	47.95%	47.05%	48.17%	52.48%	51.58%	53.11%	48.00%	46.52%	50.58%	48.41%
SG&A Expenses to Revenue	9.59%	9.03%	11.07%	14.49%	18.18%	15.80%	25.16%	18.99%	17.64%	19.78%	14.15%
R&D to Revenue	22.41%	22.40%	22.43%	25.71%	27.86%	25.44%	34.98%	33.66%	28.75%	28.80%	27.00%
Operating Expenses to Revenue	52.05%	50.01%	53.38%	65.41%	75.96%	62.59%	80.77%	71.58%	61.04%	63.56%	53.52%
Earnings before Interest and Taxes (EBIT)	0.46	1.60	0.13	-17	-34	-20	-46	-37	-17	-39	46
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2.00	3.73	3.27	-12	-30	-16	-38	-31	-9.55	-25	60
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	5.35	3.97	3.19	4.57	8.86	0.00	181.48	71.37	27.42
Price to Tangible Book Value (P/TBV)	0.00	0.00	5.53	4.10	3.32	4.72	9.19	0.00	241.62	4,666.36	34.00
Price to Revenue (P/Rev)	0.00	0.00	5.91	3.77	2.55	3.74	6.96	11.39	10.98	7.92	11.22
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	100.62
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.99%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	14.99	5.90	4.28	8.50	15.89	32.27	28.35	12.85	21.43
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	5.15	3.39	2.28	3.31	6.59	11.81	11.31	8.47	11.34
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	177.04	0.00	0.00	0.00	0.00	0.00	0.00	0.00	69.25
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	4,518.56	0.00	0.00	0.00	0.00	0.00	0.00	0.00	90.54
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	107.61	0.00	347.68	4,550.23	0.00	32.37
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2,141.80
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	1.52	0.12	0.09	0.24	0.41	0.50	-26.03	17.97	8.26	1.89
Long-Term Debt to Equity	0.00	1.02	0.09	0.05	0.18	0.41	0.50	-25.16	17.97	8.26	0.00
Financial Leverage	0.00	0.74	-0.55	-0.54	-0.37	-0.44	-0.50	0.30	37.21	5.15	1.16
Leverage Ratio	0.00	4.09	1.61	1.32	1.37	1.61	1.80	5.34	147.35	14.26	4.61
Compound Leverage Factor	0.00	2.72	-18.92	1.39	1.43	1.80	2.01	7.33	209.50	16.04	4.12
Debt to Total Capital	0.00%	60.29%	10.85%	8.65%	19.40%	28.89%	33.33%	104.00%	94.73%	89.20%	65.42%
Short-Term Debt to Total Capital	0.00%	19.71%	2.67%	3.86%	4.88%	0.00%	0.00%	3.47%	0.00%	0.00%	65.42%
Long-Term Debt to Total Capital	0.00%	40.58%	8.18%	4.80%	14.52%	28.89%	33.33%	100.52%	94.73%	89.20%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	300.92%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	-261.21%	89.15%	91.35%	80.60%	71.11%	66.67%	-4.00%	5.27%	10.80%	34.58%
Debt to EBITDA	0.00	5.27	4.62	-0.91	-0.79	-3.20	-1.44	-9.25	-29.34	-11.17	4.73
Net Debt to EBITDA	0.00	2.55	-26.15	3.78	1.09	4.12	1.36	-2.59	-9.14	-6.68	0.73
Long-Term Debt to EBITDA	0.00	3.55	3.48	-0.50	-0.59	-3.20	-1.44	-8.94	-29.34	-11.17	0.00
Debt to NOPAT	0.00	14.52	-44.18	-0.95	-0.97	-3.36	-1.66	-11.06	-20.55	-9.26	-40.26
Net Debt to NOPAT	0.00	7.03	250.14	3.93	1.33	4.33	1.56	-3.10	-6.40	-5.54	-6.24
Long-Term Debt to NOPAT	0.00	9.77	-33.30	-0.52	-0.72	-3.36	-1.66	-10.69	-20.55	-9.26	0.00
Altman Z-Score	0.00	0.00	9.15	8.01	2.54	3.39	4.53	3.42	4.91	4.11	7.20
Noncontrolling Interest Sharing Ratio	0.00%	757.76%	71.53%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	2.06	5.86	6.52	5.26	9.07	6.21	7.21	6.49	8.73	0.99
Quick Ratio	0.00	1.32	4.65	4.03	3.24	7.19	4.75	6.44	5.28	5.45	0.67
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-21	-16	-45	-18	-9.41	-31	-38	-47	-130	1.94
Operating Cash Flow to CapEx	-81.81%	46.39%	-269.04%	-547.71%	-184.97%	193.82%	-549.02%	39.83%	5.43%	-268.99%	749.82%
Free Cash Flow to Firm to Interest Expense	0.00	-17.45	-10.09	-50.04	-12.61	-3.97	-5.71	-2.75	-6.55	-26.88	0.40
Operating Cash Flow to Interest Expense	-0.92	2.86	-5.82	-39.52	-8.39	1.99	-3.12	0.47	0.09	-10.19	26.33
Operating Cash Flow Less CapEx to Interest Expense	-2.05	-3.31	-7.98	-46.74	-12.93	0.96	-3.69	-0.70	-1.56	-13.97	22.82
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	1.49	1.02	0.78	0.83	0.85	0.66	0.73	0.78	0.87	0.86
Accounts Receivable Turnover	0.00	6.09	7.40	6.31	6.03	7.24	5.70	6.30	6.03	5.86	6.55
Inventory Turnover	0.00	3.18	2.67	1.61	1.40	2.00	2.09	3.13	3.51	2.17	1.80
Fixed Asset Turnover	0.00	6.35	8.23	7.59	6.47	8.21	8.18	8.64	7.75	7.33	7.67
Accounts Payable Turnover	0.00	11.83	10.21	10.20	13.83	15.39	9.37	8.35	6.53	9.24	13.68
Days Sales Outstanding (DSO)	0.00	59.95	49.31	57.81	60.58	50.39	64.03	57.98	60.49	62.26	55.69
Days Inventory Outstanding (DIO)	0.00	114.81	136.69	226.21	260.36	182.60	174.34	116.47	104.03	168.44	202.36
Days Payable Outstanding (DPO)	0.00	30.86	35.74	35.77	26.40	23.71	38.94	43.71	55.94	39.52	26.69
Cash Conversion Cycle (CCC)	0.00	143.89	150.25	248.25	294.54	209.28	199.42	130.74	108.58	191.18	231.37
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	22	39	72	65	60	58	70	103	203	194
Invested Capital Turnover	0.00	7.00	3.68	2.26	1.78	2.45	2.37	2.99	2.99	2.01	1.85
Increase / (Decrease) in Invested Capital	0.00	22	16	34	-6.72	-5.75	-2.03	12	33	100	-8.98
Enterprise Value (EV)	0.00	0.00	578	425	280	507	915	2,248	2,917	2,604	4,153
Market Capitalization	0.00	0.00	664	472	312	572	967	2,167	2,829	2,436	4,109
Book Value per Share	$0.00	($21.84)	$6.60	$5.68	$4.56	$5.66	$4.73	($0.45)	$0.60	$1.26	$5.30
Tangible Book Value per Share	$0.00	($22.85)	$6.40	$5.49	$4.38	$5.48	$4.56	($0.61)	$0.45	$0.02	$4.27
Total Capital	0.00	33	139	130	121	176	164	277	296	316	433
Total Debt	0.00	20	15	11	24	51	55	288	280	282	283
Total Long-Term Debt	0.00	13	11	6.25	18	51	55	279	280	282	0.00
Net Debt	0.00	9.51	-85	-47	-33	-66	-52	81	87	169	44
Capital Expenditures (CapEx)	1.02	7.45	3.53	6.55	6.37	2.43	3.07	16	12	18	17
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	15	27	57	48	41	38	37	59	126	114
Debt-free Net Working Capital (DFNWC)	0.00	25	127	115	104	157	144	230	233	239	279
Net Working Capital (NWC)	0.00	18	123	110	98	157	144	220	233	239	-4.78
Net Nonoperating Expense (NNE)	0.05	0.45	1.33	5.41	11	7.82	19	25	11	13	-48
Net Nonoperating Obligations (NNO)	0.00	9.51	-85	-47	-33	-66	-52	81	87	169	44
Total Depreciation and Amortization (D&A)	1.55	2.12	3.14	4.12	4.19	4.51	8.41	6.07	7.41	14	14
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	18.81%	23.62%	45.32%	39.18%	26.68%	27.12%	19.23%	22.91%	40.83%	31.14%
Debt-free Net Working Capital to Revenue	0.00%	31.71%	113.16%	91.70%	84.90%	102.90%	103.49%	120.84%	90.30%	77.65%	76.13%
Net Working Capital to Revenue	0.00%	23.53%	109.85%	87.69%	80.07%	102.90%	103.49%	115.77%	90.30%	77.65%	-1.31%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($3.30)	($2.67)	($0.74)	($0.84)	($1.65)	($1.05)	($2.28)	($2.12)	($0.95)	($1.62)	$1.46
Adjusted Weighted Average Basic Shares Outstanding	3.34M	3.89M	20.56M	21.32M	21.49M	22.28M	23.40M	24.76M	25.54M	26.75M	27.95M
Adjusted Diluted Earnings per Share	($3.30)	($2.67)	($0.74)	($0.84)	($1.65)	($1.05)	($2.28)	($2.12)	($0.95)	($1.62)	$1.39
Adjusted Weighted Average Diluted Shares Outstanding	3.34M	3.89M	20.56M	21.32M	21.49M	22.28M	23.40M	24.76M	25.54M	26.75M	29.47M
Adjusted Basic & Diluted Earnings per Share	($3.30)	($2.67)	($0.74)	($0.84)	($1.65)	($1.05)	($2.28)	($2.12)	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	3.34M	3.89M	10.78M	20.68M	21.33M	21.85M	22.82M	24.18M	26.16M	27.20M	28.54M
Normalized Net Operating Profit after Tax (NOPAT)	0.34	1.35	-0.34	-12	-22	-15	-33	-25	-14	-30	-5.24
Normalized NOPAT Margin	0.54%	1.72%	-0.30%	-9.51%	-17.76%	-9.92%	-23.72%	-13.07%	-5.32%	-9.90%	-1.43%
Pre Tax Income Margin	0.62%	1.36%	-1.34%	-13.90%	-28.92%	-14.91%	-37.31%	-26.86%	-9.35%	-14.21%	11.20%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.51	1.33	0.08	-18.18	-24.28	-8.62	-8.58	-2.68	-2.37	-8.01	9.41
NOPAT to Interest Expense	0.38	1.12	-0.21	-13.12	-17.40	-6.40	-6.09	-1.88	-1.91	-6.28	-1.45
EBIT Less CapEx to Interest Expense	-0.62	-4.84	-2.08	-25.40	-28.82	-9.64	-9.14	-3.85	-4.02	-11.80	5.90
NOPAT Less CapEx to Interest Expense	-0.75	-5.05	-2.37	-20.34	-21.94	-7.42	-6.66	-3.05	-3.55	-10.07	-4.96
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Impinj's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	51.06%	45.68%	61.63%	43.80%	-4.78%	-7.75%	-10.56%	19.20%	46.45%	29.61%	-3.32%
EBITDA Growth	107.23%	146.13%	76.22%	49.71%	-1,487.37%	-459.56%	2,452.00%	576.80%	147.02%	115.32%	-110.73%
EBIT Growth	92.16%	115.70%	66.38%	10.48%	-1,420.00%	-1,245.52%	1,223.14%	255.03%	111.17%	89.10%	-121.73%
NOPAT Growth	85.90%	100.73%	52.31%	1.26%	-807.91%	-26,598.21%	-277.35%	254.60%	96.42%	75.65%	42.91%
Net Income Growth	82.99%	99.41%	58.34%	30.00%	-616.78%	-12,764.41%	865.12%	223.52%	101.40%	82.28%	-125.34%
EPS Growth	83.02%	101.22%	59.52%	33.33%	-555.56%	-5,700.00%	747.06%	213.33%	101.69%	89.29%	-127.27%
Operating Cash Flow Growth	166.35%	-56.57%	-79.02%	-413.24%	-111.80%	123.12%	326.43%	301.73%	690.50%	784.58%	-118.53%
Free Cash Flow Firm Growth	-103.11%	-90.36%	-27.21%	-321.09%	-505.62%	-232.04%	-11.60%	126.20%	108.12%	105.85%	61.00%
Invested Capital Growth	34.59%	47.73%	60.17%	140.31%	151.09%	97.06%	36.13%	-11.59%	-5.53%	-4.43%	9.26%
Revenue Q/Q Growth	14.17%	12.19%	12.15%	0.10%	-24.40%	8.69%	8.74%	33.41%	-7.12%	-3.81%	-18.88%
EBITDA Q/Q Growth	113.07%	235.61%	-162.08%	-84.73%	-260.50%	13.02%	506.07%	-62.55%	-64.45%	-71.67%	-384.43%
EBIT Q/Q Growth	87.95%	224.33%	-355.14%	-134.12%	-104.66%	6.30%	350.16%	-67.68%	-85.25%	-191.44%	-398.61%
NOPAT Q/Q Growth	79.42%	103.21%	-8,032.14%	-88.41%	-89.20%	6.28%	-12.96%	177.19%	-104.38%	-536.93%	-164.85%
Net Income Q/Q Growth	80.92%	94.63%	-3,593.22%	-85.08%	-95.41%	3.69%	319.66%	-70.12%	-97.78%	-1,317.19%	-214.16%
EPS Q/Q Growth	80.00%	111.11%	-1,800.00%	-76.47%	-96.67%	5.08%	296.43%	-69.09%	-97.06%	-700.00%	-400.00%
Operating Cash Flow Q/Q Growth	100.81%	-142.71%	-330.33%	15.12%	92.44%	183.70%	4,114.44%	-24.38%	-77.86%	25.38%	-188.28%
Free Cash Flow Firm Q/Q Growth	25.50%	-50.91%	-70.63%	-119.49%	-7.15%	17.26%	42.65%	151.52%	-66.79%	-40.37%	-482.25%
Invested Capital Q/Q Growth	-4.26%	27.25%	38.54%	42.37%	0.04%	-0.13%	-4.30%	-7.53%	6.90%	1.03%	9.41%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	54.83%	52.45%	50.68%	50.95%	47.33%	47.94%	48.87%	56.12%	49.97%	50.48%	49.38%
EBITDA Margin	1.16%	3.47%	-1.92%	-3.54%	-16.90%	-13.53%	50.51%	14.18%	5.43%	1.60%	-5.61%
Operating Margin	-2.55%	0.07%	-5.17%	-9.73%	-24.36%	-21.00%	-15.27%	8.83%	-0.81%	-3.95%	-12.88%
EBIT Margin	-1.42%	1.57%	-3.58%	-8.38%	-22.68%	-19.55%	44.98%	10.90%	1.73%	-1.64%	-10.11%
Profit (Net Income) Margin	-3.22%	-0.15%	-5.07%	-9.38%	-24.25%	-21.49%	43.40%	9.72%	0.23%	-2.94%	-11.38%
Tax Burden Percent	101.10%	11,800.00%	101.68%	95.85%	98.78%	101.00%	100.00%	100.12%	51.64%	98.64%	96.78%
Interest Burden Percent	224.23%	-0.08%	139.29%	116.81%	108.23%	108.79%	96.48%	89.10%	25.99%	181.08%	116.29%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.12%	48.36%	0.00%	0.00%
Return on Invested Capital (ROIC)	-5.93%	0.15%	-9.09%	-15.02%	-37.66%	-29.59%	-27.09%	14.56%	-0.73%	-5.10%	-16.15%
ROIC Less NNEP Spread (ROIC-NNEP)	-9.88%	-0.03%	-10.27%	-16.70%	-41.45%	-33.33%	13.15%	15.35%	-0.18%	-5.25%	-18.34%
Return on Net Nonoperating Assets (RNNOA)	-5.36%	-1.27%	-106.66%	-171.29%	-277.73%	-171.56%	26.19%	22.82%	-0.23%	-6.07%	-11.88%
Return on Equity (ROE)	-11.30%	-1.12%	-115.74%	-186.31%	-315.39%	-201.15%	-0.90%	37.38%	-0.96%	-11.17%	-28.02%
Cash Return on Invested Capital (CROIC)	-56.53%	-54.34%	-55.08%	-89.52%	-100.17%	-85.26%	-51.72%	-5.23%	-3.47%	0.98%	-10.54%
Operating Return on Assets (OROA)	-1.23%	1.22%	-3.02%	-7.71%	-20.57%	-16.96%	34.14%	8.27%	1.42%	-1.42%	-8.22%
Return on Assets (ROA)	-2.80%	-0.12%	-4.28%	-8.64%	-21.99%	-18.64%	32.94%	7.38%	0.19%	-2.54%	-9.26%
Return on Common Equity (ROCE)	-11.30%	-1.12%	-115.74%	-186.31%	-315.39%	-201.15%	-0.90%	37.38%	-0.96%	-11.17%	-28.02%
Return on Equity Simple (ROE_SIMPLE)	-2,144.44%	0.00%	-68.36%	-40.06%	-81.33%	0.00%	-6.59%	10.57%	20.83%	0.00%	-0.60%
Net Operating Profit after Tax (NOPAT)	-1.22	0.04	-3.11	-5.86	-11	-10	-12	9.06	-0.40	-2.53	-6.70
NOPAT Margin	-1.79%	0.05%	-3.62%	-6.81%	-17.05%	-14.70%	-15.27%	8.84%	-0.42%	-2.76%	-9.02%
Net Nonoperating Expense Percent (NNEP)	3.95%	0.19%	1.18%	1.69%	3.79%	3.75%	-40.24%	-0.79%	-0.55%	0.15%	2.20%
Return On Investment Capital (ROIC_SIMPLE)	-	0.01%	-	-	-	-3.29%	-	-	-	-0.58%	-1.51%
Cost of Revenue to Revenue	45.17%	47.55%	49.32%	49.05%	52.67%	52.06%	51.13%	43.88%	50.03%	49.52%	50.62%
SG&A Expenses to Revenue	16.24%	15.12%	18.12%	18.61%	20.82%	22.26%	17.40%	12.90%	13.08%	13.94%	16.69%
R&D to Revenue	27.49%	24.78%	26.12%	27.22%	33.21%	29.92%	29.31%	24.32%	26.78%	28.28%	34.08%
Operating Expenses to Revenue	57.39%	52.37%	55.85%	60.69%	71.69%	68.94%	64.15%	47.29%	50.78%	54.42%	62.27%
Earnings before Interest and Taxes (EBIT)	-0.97	1.21	-3.08	-7.20	-15	-14	35	11	1.65	-1.51	-7.51
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	0.79	2.66	-1.65	-3.05	-11	-9.56	39	15	5.17	1.46	-4.16
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	994.06	181.48	133.16	64.93	42.47	71.37	40.43	37.14	44.73	27.42	16.12
Price to Tangible Book Value (P/TBV)	0.00	241.62	155.88	3,452.68	1,443.44	4,666.36	63.90	50.48	58.14	34.00	19.77
Price to Revenue (P/Rev)	8.76	10.98	12.20	7.54	4.72	7.92	11.64	13.79	17.64	11.22	7.12
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	351.36	214.75	100.62	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.28%	0.47%	0.99%	0.00%
Enterprise Value to Invested Capital (EV/IC)	26.31	28.35	25.68	12.59	8.11	12.85	18.46	24.56	32.03	21.43	12.45
Enterprise Value to Revenue (EV/Rev)	9.10	11.31	12.60	8.07	5.25	8.47	12.00	13.99	17.80	11.34	7.26
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	235.45	134.38	125.50	69.25	155.29
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	256.70	183.06	90.54	694.70
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	741.05	4,550.23	0.00	0.00	0.00	0.00	96.00	41.84	52.46	32.37	46.29
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2,141.80	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	135.78	17.97	10.54	7.64	8.09	8.26	3.29	2.42	2.08	1.89	1.77
Long-Term Debt to Equity	135.78	17.97	10.54	7.64	8.09	8.26	3.29	0.00	0.00	0.00	1.77
Financial Leverage	0.54	37.21	10.39	10.25	6.70	5.15	1.99	1.49	1.31	1.16	0.65
Leverage Ratio	5.89	147.35	33.92	26.94	18.76	14.26	6.99	5.40	4.92	4.61	3.63
Compound Leverage Factor	13.21	-0.12	47.24	31.47	20.30	15.52	6.74	4.81	1.28	8.35	4.22
Debt to Total Capital	99.27%	94.73%	91.34%	88.42%	89.00%	89.20%	76.66%	70.73%	67.53%	65.42%	63.88%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	70.73%	67.53%	65.42%	0.00%
Long-Term Debt to Total Capital	99.27%	94.73%	91.34%	88.42%	89.00%	89.20%	76.66%	0.00%	0.00%	0.00%	63.88%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.73%	5.27%	8.66%	11.58%	11.00%	10.80%	23.34%	29.27%	32.47%	34.58%	36.12%
Debt to EBITDA	-15.57	-29.34	-65.86	-225.20	-21.60	-11.17	18.55	8.62	5.78	4.73	16.70
Net Debt to EBITDA	-4.38	-9.14	-27.21	-133.13	-12.91	-6.68	7.11	1.90	1.14	0.73	3.03
Long-Term Debt to EBITDA	-15.57	-29.34	-65.86	-225.20	-21.60	-11.17	18.55	0.00	0.00	0.00	16.70
Debt to NOPAT	-14.69	-20.55	-27.45	-27.69	-14.06	-9.26	-7.94	-8.43	-15.66	-40.26	-82.69
Net Debt to NOPAT	-4.13	-6.40	-11.34	-16.37	-8.41	-5.54	-3.04	-1.86	-3.08	-6.24	-14.98
Long-Term Debt to NOPAT	-14.69	-20.55	-27.45	-27.69	-14.06	-9.26	-7.94	0.00	0.00	0.00	-82.69
Altman Z-Score	3.65	5.08	6.24	4.17	2.62	4.34	6.85	7.60	10.33	6.88	5.11
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	7.73	6.49	5.59	5.57	8.09	8.73	9.42	1.12	0.99	0.99	10.96
Quick Ratio	6.62	5.28	3.95	3.30	4.79	5.45	6.78	0.86	0.71	0.67	7.28
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-22	-33	-57	-124	-133	-110	-63	33	11	6.45	-25
Operating Cash Flow to CapEx	642.03%	-105.96%	-350.30%	-401.42%	-67.23%	54.38%	969.69%	3,329.36%	186.07%	305.42%	-598.12%
Free Cash Flow to Firm to Interest Expense	-18.26	-27.51	-46.86	-102.69	-109.85	-90.74	-52.00	26.77	8.88	5.28	-20.17
Operating Cash Flow to Interest Expense	11.99	-5.11	-21.97	-18.62	-1.41	1.17	49.46	37.37	8.26	10.34	-9.11
Operating Cash Flow Less CapEx to Interest Expense	10.13	-9.94	-28.24	-23.25	-3.50	-0.99	44.36	36.25	3.82	6.95	-10.63
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.87	0.78	0.84	0.92	0.91	0.87	0.76	0.76	0.82	0.86	0.81
Accounts Receivable Turnover	6.91	6.03	5.84	6.39	7.03	5.86	4.96	5.57	6.12	6.55	6.24
Inventory Turnover	4.24	3.51	2.35	2.10	2.24	2.17	1.76	1.61	1.73	1.80	1.89
Fixed Asset Turnover	7.82	7.75	8.19	8.58	8.24	7.33	6.69	6.83	7.28	7.67	7.49
Accounts Payable Turnover	9.86	6.53	6.02	8.05	12.79	9.24	6.61	7.23	10.70	13.68	17.34
Days Sales Outstanding (DSO)	52.86	60.49	62.50	57.08	51.90	62.26	73.59	65.55	59.67	55.69	58.48
Days Inventory Outstanding (DIO)	85.99	104.03	155.31	173.57	163.14	168.44	207.76	226.95	211.17	202.36	193.61
Days Payable Outstanding (DPO)	37.03	55.94	60.63	45.36	28.53	39.52	55.22	50.46	34.11	26.69	21.05
Cash Conversion Cycle (CCC)	101.81	108.58	157.18	185.30	186.50	191.18	226.13	242.04	236.74	231.37	231.04
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	81	103	143	203	203	203	194	179	192	194	212
Invested Capital Turnover	3.32	2.99	2.51	2.20	2.21	2.01	1.77	1.65	1.75	1.85	1.79
Increase / (Decrease) in Invested Capital	21	33	54	118	122	100	51	-24	-11	-8.98	18
Enterprise Value (EV)	2,128	2,917	3,661	2,555	1,646	2,604	3,582	4,407	6,143	4,153	2,640
Market Capitalization	2,049	2,829	3,545	2,389	1,478	2,436	3,474	4,345	6,088	4,109	2,588
Book Value per Share	$0.08	$0.60	$1.02	$1.38	$1.30	$1.26	$3.14	$4.22	$4.84	$5.30	$5.63
Tangible Book Value per Share	($0.07)	$0.45	$0.87	$0.03	$0.04	$0.02	$1.99	$3.11	$3.72	$4.27	$4.59
Total Capital	282	296	307	318	316	316	368	400	419	433	444
Total Debt	280	280	281	281	281	282	282	283	283	283	284
Total Long-Term Debt	280	280	281	281	281	282	282	0.00	0.00	0.00	284
Net Debt	79	87	116	166	168	169	108	62	56	44	51
Capital Expenditures (CapEx)	2.25	5.83	7.58	5.62	2.54	2.62	6.20	1.37	5.41	4.13	1.86
Debt-free, Cash-free Net Working Capital (DFCFNWC)	44	59	96	124	126	126	116	102	111	114	132
Debt-free Net Working Capital (DFNWC)	226	233	251	233	239	239	290	322	281	279	280
Net Working Capital (NWC)	226	233	251	233	239	239	290	39	-2.01	-4.78	280
Net Nonoperating Expense (NNE)	0.98	0.16	1.25	2.21	4.68	4.79	-45	-0.91	-0.62	0.16	1.75
Net Nonoperating Obligations (NNO)	79	87	116	166	168	169	108	62	56	44	51
Total Depreciation and Amortization (D&A)	1.76	1.45	1.43	4.16	3.76	4.26	4.25	3.37	3.52	2.97	3.35
Debt-free, Cash-free Net Working Capital to Revenue	19.02%	22.91%	33.04%	39.10%	40.19%	40.83%	38.80%	32.34%	32.11%	31.14%	36.44%
Debt-free Net Working Capital to Revenue	96.81%	90.30%	86.23%	73.48%	76.31%	77.65%	97.15%	102.25%	81.43%	76.13%	77.13%
Net Working Capital to Revenue	96.81%	90.30%	86.23%	73.48%	76.31%	77.65%	97.15%	12.51%	-0.58%	-1.31%	77.13%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.09)	$0.01	($0.17)	($0.30)	($0.59)	($0.56)	$1.22	$0.36	$0.01	($0.13)	($0.30)
Adjusted Weighted Average Basic Shares Outstanding	25.74M	25.54M	26.29M	26.71M	26.92M	26.75M	27.36M	27.89M	28.17M	27.95M	28.64M
Adjusted Diluted Earnings per Share	($0.09)	$0.01	($0.17)	($0.30)	($0.59)	($0.56)	$1.10	$0.34	$0.01	($0.06)	($0.30)
Adjusted Weighted Average Diluted Shares Outstanding	25.74M	25.54M	26.29M	26.71M	26.92M	26.75M	31.43M	29.42M	29.73M	29.47M	28.64M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	25.91M	26.16M	26.65M	26.86M	27.06M	27.20M	27.71M	28.12M	28.29M	28.54M	28.98M
Normalized Net Operating Profit after Tax (NOPAT)	-1.22	0.04	-3.11	-5.86	-11	-10	-6.94	6.33	-0.40	-2.53	-6.70
Normalized NOPAT Margin	-1.79%	0.05%	-3.62%	-6.81%	-17.05%	-14.70%	-9.04%	6.18%	-0.42%	-2.76%	-9.02%
Pre Tax Income Margin	-3.19%	0.00%	-4.99%	-9.79%	-24.55%	-21.27%	43.40%	9.71%	0.45%	-2.98%	-11.76%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-0.81	1.00	-2.55	-5.95	-12.16	-11.37	28.42	9.18	1.35	-1.23	-6.14
NOPAT to Interest Expense	-1.01	0.03	-2.57	-4.84	-9.14	-8.55	-9.65	7.44	-0.33	-2.07	-5.48
EBIT Less CapEx to Interest Expense	-2.67	-3.83	-8.82	-10.59	-14.25	-13.53	23.32	8.05	-3.09	-4.62	-7.66
NOPAT Less CapEx to Interest Expense	-2.88	-4.79	-8.84	-9.48	-11.23	-10.71	-14.75	6.32	-4.76	-5.46	-7.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Impinj's Financials

When does Impinj's fiscal year end?

According to the most recent income statement we have on file, Impinj's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Impinj's net income changed over the last 10 years?

Impinj's net income appears to be on an upward trend, with a most recent value of $40.84 million in 2024, rising from $297 thousand in 2014. The previous period was -$43.37 million in 2023. Find out what analysts predict for Impinj in the coming months.

What is Impinj's operating income?

Impinj's total operating income in 2024 was -$7.07 million, based on the following breakdown:

Total Gross Profit: $188.86 million
Total Operating Expenses: $195.92 million

How has Impinj revenue changed over the last 10 years?

Over the last 10 years, Impinj's total revenue changed from $63.76 million in 2014 to $366.09 million in 2024, a change of 474.1%.

How much debt does Impinj have?

Impinj's total liabilities were at $339.22 million at the end of 2024, a 4.3% increase from 2023, and a 749.7% increase since 2015.

How much cash does Impinj have?

In the past 9 years, Impinj's cash and equivalents has ranged from $10.12 million in 2015 to $123.90 million in 2021, and is currently $46.05 million as of their latest financial filing in 2024.

How has Impinj's book value per share changed over the last 10 years?

Over the last 10 years, Impinj's book value per share changed from 0.00 in 2014 to 5.30 in 2024, a change of 529.8%.

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This page (NASDAQ:PI) was last updated on 5/5/2025 by MarketBeat.com Staff

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Impinj (PI) Financials

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Impinj (PI) Financials

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