Below are the financial statements of Impinj, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 366.09a | 307.54a | 257.8a |
| Cost of revenue | -177.23a | -155.56a | -119.92a |
| Gross profit | 188.86a | 151.98a | 137.88a |
| Operating expenses | — | — | — |
| Research and development | -98.83a | -88.56a | -74.11a |
| Sales and marketing | -40.58a | -41.12a | -37.89a |
| General and administrative | -51.8a | -60.83a | -45.47a |
| Amortization of intangibles | -2.9a | -4.95a | 0a |
| Restructuring costs | -1.81a | 0a | -0.1a |
| Total operating expenses | -195.92a | -195.47a | -157.36a |
| Loss from operations | -7.07a | -43.48a | -19.48a |
| Other income, net | 7.94a | 4.64a | 2.52a |
| Income from settlement of litigation | 45a | 0a | 0a |
| Induced conversion expense | 0a | 0a | -2.23a |
| Interest expense | -4.87a | -4.85a | -4.92a |
| Income (loss) before income taxes | 41a | -43.69a | -24.12a |
| Income tax benefit (expense) | -0.16a | -0.32a | -0.18a |
| Net income (loss) | 40.84a | -43.37a | -24.3a |
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