PI Q1 2024 Earnings — Impinj, Inc. Revenue & Financial Results | Market Cap Arena

PIImpinj, Inc.

$3B

Q1 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$77M-10.6% YoY

Gross Profit

$38M48.9% margin

Operating Income

-$12M-15.3% margin

Net Income

$33M43.4% margin

EPS (Diluted)

$1.10

QoQ Revenue Growth

+8.7%

Cash Flow

Operating Cash Flow

$60M

Free Cash Flow

$54M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$414M

Total Liabilities

$328M

Stockholders' Equity

$86M

Cash & Equivalents

$167M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$77M	$86M	-10.6%
Gross Profit	$38M	$44M	-13.7%
Operating Income	-$12M	-$4M	-164.1%
Net Income	$33M	-$4M	+865.1%

Revenue Segments

Endpoint I Cs

$62M80%

Systems

$15M20%