Impinj Inc (PI)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 40,838 | 28,348 | 12,365 | -5,664 | -43,366 | -28,304 | -14,741 | -18,198 | -24,301 | -44,197 | -54,922 | -52,305 | -51,260 | -46,963 | -48,385 | -57,013 | -51,923 | -43,886 | -33,621 | -20,245 |
| Revenue (ttm) | US$ in thousands | 364,871 | 342,903 | 311,497 | 293,777 | 302,856 | 309,132 | 312,899 | 287,164 | 254,853 | 231,051 | 208,634 | 196,812 | 189,633 | 173,091 | 155,260 | 133,625 | 135,412 | 141,389 | 154,427 | 166,613 |
| Net profit margin | 11.19% | 8.27% | 3.97% | -1.93% | -14.32% | -9.16% | -4.71% | -6.34% | -9.54% | -19.13% | -26.32% | -26.58% | -27.03% | -27.13% | -31.16% | -42.67% | -38.34% | -31.04% | -21.77% | -12.15% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $40,838K ÷ $364,871K
= 11.19%
Impinj Inc's net profit margin experienced fluctuations over the period from March 31, 2020, to December 31, 2024. Initially, the company's net profit margin was negative, indicating that expenses exceeded revenues, resulting in losses.
However, there was a clear improvement in the net profit margin starting from March 31, 2023, where the margin improved slightly to -6.34% and continued to show signs of recovery in the following quarters. By June 30, 2024, the company achieved a positive net profit margin of 3.97%, signaling that Impinj Inc was able to generate profits after covering all operating expenses.
Subsequently, the net profit margin kept increasing steadily, reaching 11.19% by December 31, 2024. This positive trend indicates that the company was able to effectively control costs and improve operational efficiency, leading to enhanced profitability and financial performance during the period under review.
Overall, Impinj Inc's net profit margin demonstrated a notable turnaround from negative figures to positive values, showcasing the company's successful efforts in managing expenses and driving revenue growth.
Peer comparison
Dec 31, 2024