Impinj Inc (PI)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -7,069 | -43,484 | -19,479 | -37,249 | -47,071 |
| Revenue | US$ in thousands | 366,087 | 302,856 | 254,853 | 189,633 | 135,412 |
| Operating profit margin | -1.93% | -14.36% | -7.64% | -19.64% | -34.76% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-7,069K ÷ $366,087K
= -1.93%
The operating profit margin of Impinj Inc has shown fluctuations over the past five years. As of December 31, 2020, the company reported a margin of -34.76%, indicating that the company was incurring significant operating losses relative to its revenue. However, there has been a gradual improvement in the operating profit margin over the subsequent years. By December 31, 2024, the margin had improved significantly to -1.93%, suggesting a more efficient management of operating expenses and a reduction in losses relative to revenue. Despite the improvements, it is worth noting that the company is still operating with a negative profit margin, albeit at a reduced level. This trend indicates that Impinj Inc may be working towards achieving profitability, but further efforts may be needed to sustain and improve its financial performance.
Peer comparison
Dec 31, 2024