PI Q4 2023 Earnings — Impinj, Inc. Revenue & Financial Results | Market Cap Arena

PIImpinj, Inc.

$3B

Q4 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$71M-7.8% YoY

Gross Profit

$34M47.9% margin

Operating Income

-$15M-21.0% margin

Net Income

-$15M-21.5% margin

EPS (Diluted)

$-0.56

QoQ Revenue Growth

+8.7%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

-$1M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$359M

Total Liabilities

$325M

Stockholders' Equity

$34M

Cash & Equivalents

$95M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$71M	$77M	-7.8%
Gross Profit	$34M	$40M	-15.7%
Operating Income	-$15M	$56,000	-26598.2%
Net Income	-$15M	-$118,000	-12764.4%

Revenue Segments

Endpoint I Cs

$54M76%

Systems

$17M24%