• Impinj average net profit margin for 2023 was -8.37%, a 58.38% decline from 2022.
• Impinj average net profit margin for 2022 was -20.11%, a 36.66% decline from 2021.
• Impinj average net profit margin for 2021 was -31.75%, a 24.31% decline from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.