PI Q2 2023 Earnings — Impinj, Inc. Revenue & Financial Results | Market Cap Arena

PIImpinj, Inc.

$3B

Q2 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$86M+43.8% YoY

Gross Profit

$44M51.0% margin

Operating Income

-$8M-9.7% margin

Net Income

-$8M-9.4% margin

EPS (Diluted)

$-0.30

QoQ Revenue Growth

+0.1%

Cash Flow

Operating Cash Flow

-$23M

Free Cash Flow

-$28M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$384M

Total Liabilities

$347M

Stockholders' Equity

$37M

Cash & Equivalents

$45M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$86M	$60M	+43.8%
Gross Profit	$44M	$32M	+39.1%
Operating Income	-$8M	-$8M	+1.3%
Net Income	-$8M	-$12M	+30.0%

Revenue Segments

Endpoint I Cs

$65M75%

Systems

$21M25%