Impinj Inc (PI)
Profitability ratios
Return on sales
| Dec 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 51.76% | 51.47% | 51.27% | 49.70% | 50.18% | 51.20% | 52.72% | 53.15% | 54.10% | 54.92% | 53.91% | 53.73% | 52.18% | 50.37% | 49.94% | 49.19% | 48.11% | 47.85% | 47.96% | 47.73% |
| Operating profit margin | -1.94% | -5.34% | -10.71% | -17.28% | -14.36% | -9.25% | -4.63% | -5.09% | -7.64% | -11.78% | -18.14% | -19.15% | -19.64% | -25.39% | -28.72% | -39.32% | -34.76% | -27.94% | -19.68% | -10.88% |
| Pretax margin | 11.24% | 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% |
| Net profit margin | 11.19% | 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% |
Impinj Inc's profitability ratios have shown an improving trend over the years. The gross profit margin has increased consistently from around 47% in early 2020 to over 51% by the end of 2024, indicating efficient cost management and improved pricing strategies.
The operating profit margin, which was negative in the initial periods, has also shown a steady improvement, becoming less negative and even turning slightly positive by the end of 2024. This trend suggests cost-cutting measures and operational efficiencies undertaken by the company.
The pretax margin followed a similar trend, starting from significant negative percentages in 2020 and improving gradually to positive levels by the end of the period. This indicates better overall financial management and control over operating expenses.
Similarly, the net profit margin, reflecting the company's bottom line profitability, has shown a positive shift from negative percentages in the past to positive margins by the end of 2024. This indicates that Impinj Inc has been able to generate more profits relative to its revenue over time, which is a positive sign for its financial health and sustainability.
Return on investment
| Dec 31, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -1.45% | -3.84% | -7.48% | -12.27% | -12.10% | -7.86% | -3.78% | -3.92% | -5.57% | -8.31% | -12.43% | -11.89% | -11.80% | -20.89% | -21.09% | -24.50% | -22.67% | -19.74% | -14.39% | -8.31% |
| Return on assets (ROA) | 8.35% | 5.95% | 2.77% | -1.37% | -12.07% | -7.78% | -3.84% | -4.88% | -6.95% | -13.48% | -18.04% | -16.50% | -16.25% | -22.32% | -22.89% | -26.58% | -25.01% | -21.93% | -15.91% | -9.28% |
| Return on total capital | 30.61% | 24.66% | 14.68% | -0.33% | -12.29% | -7.53% | -3.16% | -4.27% | -6.49% | -13.98% | -18.95% | -17.91% | -18.15% | -49.13% | -50.09% | -60.53% | -28.36% | -24.05% | -17.66% | -9.65% |
| Return on equity (ROE) | 27.25% | 20.83% | 10.57% | -6.59% | -127.06% | -81.33% | -40.06% | -68.36% | -155.87% | -2,144.44% | — | — | — | -52.60% | -54.51% | -66.01% | -47.58% | -40.10% | -28.92% | -15.79% |
The profitability ratios of Impinj Inc show a fluctuating trend over the last several quarters.
- Operating return on assets (Operating ROA) has been consistently negative, showing a downward trend from -8.31% in March 2020 to -1.45% in December 2024.
- Return on assets (ROA) also started negative, gradually improving from -25.01% in December 2020 to 8.35% in December 2024, with some fluctuations in between.
- Return on total capital had a similar trajectory, starting at -28.36% in December 2020 and increasing to 30.61% in December 2024, with noticeable improvements in recent quarters.
- Return on equity (ROE) was highly volatile, with extreme negative values in some periods, such as -2,144.44% in September 2022, before showing signs of recovery and reaching positive values, ending at 27.25% in December 2024.
Overall, the company's profitability performance has shown variability, with some positive trends observed in ROA and ROE in the most recent periods, indicating potential improvement in the company's financial health.