Impinj Inc (PI)
Pretax 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 28,692 | 12,307 | -6,059 | -43,688 | -28,659 | -14,877 | -17,991 | -24,117 | -44,107 | -54,828 | -52,145 | -51,107 | -46,828 | -48,263 | -56,910 | -51,834 | -43,755 | -33,428 | -20,047 | -22,789 |
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 |
Pretax margin | 8.37% | 3.95% | -2.06% | -14.43% | -9.27% | -4.75% | -6.27% | -9.46% | -19.09% | -26.28% | -26.49% | -26.95% | -27.05% | -31.09% | -42.59% | -38.28% | -30.95% | -21.65% | -12.03% | -14.92% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $28,692K ÷ $342,903K
= 8.37%
Impinj Inc's pretax margin has exhibited significant fluctuations over the past few quarters. The pretax margin indicates the company's profitability before taxes relative to its total revenue.
In the most recent quarter, the pretax margin stood at 8.37%, which signifies that for every dollar of revenue, the company retained 8.37 cents as income before accounting for taxes. This represents a positive trend compared to the previous quarters.
The pretax margin had been declining steadily over several quarters before the recent improvement. The company experienced negative pretax margins in some quarters, indicating that expenses exceeded revenue before considering taxes.
Overall, the recent increase in the pretax margin suggests that the company may have implemented cost-saving measures or improved revenue generation strategies. However, it would be important to monitor future quarters to assess the sustainability of this positive trend and evaluate the company’s overall financial health.
Peer comparison
Sep 30, 2024