PI Q1 2023 Earnings — Impinj, Inc. Revenue & Financial Results | Market Cap Arena

PIImpinj, Inc.

$3B

Q1 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$86M+61.6% YoY

Gross Profit

$44M50.7% margin

Operating Income

-$4M-5.2% margin

Net Income

-$4M-5.1% margin

EPS (Diluted)

$-0.17

QoQ Revenue Growth

+12.2%

Cash Flow

Operating Cash Flow

-$27M

Free Cash Flow

-$34M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$373M

Total Liabilities

$346M

Stockholders' Equity

$27M

Cash & Equivalents

$37M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$86M	$53M	+61.6%
Gross Profit	$44M	$29M	+51.3%
Operating Income	-$4M	-$9M	+52.3%
Net Income	-$4M	-$10M	+58.3%

Revenue Segments

Endpoint I Cs

$67M78%

Systems

$19M22%