Impinj Inc (PI)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 40,995 | -43,688 | -24,117 | -51,107 | -51,834 |
| Revenue | US$ in thousands | 366,087 | 302,856 | 254,853 | 189,633 | 135,412 |
| Pretax margin | 11.20% | -14.43% | -9.46% | -26.95% | -38.28% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $40,995K ÷ $366,087K
= 11.20%
Impinj Inc's pretax margin has shown considerable variability over the past five years. The company had negative pretax margins in 2020, 2021, 2022, and 2023, indicating that expenses exceeded gross profits before taxes during those years. However, there was a significant improvement in 2024, with a positive pretax margin of 11.20%, suggesting that the company was able to effectively control costs and generate higher profits relative to revenue. It is important for Impinj Inc to sustain and potentially improve upon this positive trend to ensure long-term profitability and financial health.
Peer comparison
Dec 31, 2024
Company name
Symbol
Pretax margin
Impinj Inc
PI
11.20%
Advanced Energy Industries Inc
AEIS
7.32%
Vicor Corporation
VICR
2.82%