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

Company name
Symbol
Pretax margin
Impinj Inc
PI
8.37%
Advanced Energy Industries Inc
AEIS
7.32%
Vicor Corporation
VICR
14.55%