IMPINJ INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $112.3m $125.3m $122.6m $152.8m $138.9m $190.3m $257.8m $307.5m $366.1m $361.1m
Cost of Revenue $52.8m $60.4m $64.4m $78.8m $73.8m $91.3m $119.9m $155.6m $177.2m $171.4m
Gross Profit $59.5m $64.9m $58.3m $74.0m $65.1m $99.0m $137.9m $152.0m $188.9m $189.7m
Operating Expenses $59.9m $82.0m $93.2m $95.7m $112.2m $136.2m $157.4m $195.5m $195.9m $190.4m
Operating Income (Loss) ($488k) ($17.0m) ($34.9m) ($21.7m) ($47.1m) ($37.2m) ($19.5m) ($43.5m) ($7.1m) ($737k)
Additional Financial Items
Amortization of Intangible Assets $5.0m $2.9m $2.1m
Gain (Loss) Related to Litigation Settlement $45.0m $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $1.5m $17.4m $35.5m ($23.3m) ($52.3m) ($51.5m) ($24.5m) ($40.3m) $41.7m ($9.3m)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($1.5m) ($17.4m) ($35.5m) ($22.8m) ($51.8m) ($51.1m) ($24.1m) ($43.7m) $41.0m ($10.9m)
Net Income (Loss) Attributable to Parent ($1.7m) ($17.3m) ($35.2m) ($23.0m) ($51.9m) ($51.3m) ($24.3m) ($43.4m) $40.8m ($10.8m)
Net Income (Loss) Available to Common Stockholders, Basic ($7.9m) ($17.3m) ($35.2m) ($23.0m) ($51.9m) ($51.3m) ($24.3m) ($43.4m) $40.8m ($10.8m)
Earnings Per Share, Basic ($2.28) ($2.12) ($0.95) ($1.62) $1.46 ($0.37)
Earnings Per Share, Diluted ($1.65) ($1.05) ($2.28) ($2.12) ($0.95) ($1.62) $1.39 ($0.37)
Weighted Average Number of Shares Outstanding, Basic 22.8m 24.2m 25.5m 26.8m 28.0m 29.3m
Weighted Average Number of Shares Outstanding, Diluted 22.8m 24.2m 25.5m 26.8m 29.5m 29.3m
Other Nonoperating Income (Expense) $808k $1.2m $650k $25k $2.5m $4.6m $7.9m $9.2m
Current Income Tax Expense (Benefit) $78k $134k $163k $186k $132k $145k $178k $609k $724k $327k
General and Administrative Expense $12.4m $18.2m $22.3m $24.1m $35.0m $36.1m $45.5m $60.8m $51.8m $49.2m
Interest Expense $1.6m $908k $1.4m $1.8m $5.4m $2.5m $4.9m $4.8m $4.9m $4.4m
Research and Development Expense $25.2m $32.2m $34.2m $38.9m $48.6m $64.1m $74.1m $88.6m $98.8m $102.6m
Restructuring and Related Cost, Incurred Cost $1.7m $0 $1.8m
Restructuring Costs ($454k) $1.7m $102k $0 $1.8m $0
Selling and Marketing Expense $22.3m $31.6m $32.9m $32.6m $28.7m $34.3m $37.9m $41.1m $40.6m $36.5m
Income Tax Expense (Benefit) $168k ($97k) ($233k) $198k $89k $153k $184k ($322k) $157k ($69k)