Impinj Inc (PI)
Net profit margin
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | -22,987 |
| Revenue (ttm) | US$ in thousands | 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 | 152,691 |
| Net profit margin | 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% | -15.05% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $28,348K ÷ $342,903K
= 8.27%
The net profit margin of Impinj Inc has shown variability over the past few quarters. In the most recent quarter, ending September 30, 2024, the net profit margin was 8.27%, indicating that for every dollar of revenue generated, the company retained approximately 8.27 cents as profit. This represents an improvement compared to the previous quarter, where the net profit margin stood at 3.97%.
However, it is important to note that in some recent quarters, such as March 31, 2022, and December 31, 2023, the company experienced negative net profit margins, indicating that expenses exceeded revenues during those periods. This could be a cause for concern as sustained negative net profit margins can impact the financial health and sustainability of the company.
Overall, the trend in net profit margin for Impinj Inc has been fluctuating, with some quarters showing improvement while others displaying challenges. It would be important for the company to closely monitor and manage its expenses, revenue generation, and overall profitability to ensure long-term financial viability.
Peer comparison
Sep 30, 2024