What is Power Integrations' operating income?

Power Integrations' total operating income in 2025 was $10.19 million, based on the following breakdown: Total Gross Profit: $241.65 million Total Operating Expenses: $231.46 million

Power Integrations (POWI) Financials

$62.75 +0.44 (+0.71%)

Closing price 08/14/2026 04:00 PM Eastern

Extended Trading

$62.71 -0.04 (-0.06%)

As of 08/14/2026 07:34 PM Eastern

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Annual Income Statements for Power Integrations

This table shows Power Integrations' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	39	49	28	70	193	71	164	171	56	32	22
Consolidated Net Income / (Loss)	39	49	28	70	193	71	164	171	56	32	22
Net Income / (Loss) Continuing Operations	39	49	28	70	193	71	164	171	56	32	22
Total Pre-Tax Income	39	50	60	60	222	75	176	183	46	31	21
Total Operating Income	39	49	58	56	217	70	175	180	35	18	10
Total Gross Profit	173	192	214	215	213	244	361	367	229	225	242
Total Revenue	345	390	432	416	421	488	703	651	445	419	444
Operating Revenue	345	390	432	416	421	488	703	651	445	419	444
Total Cost of Revenue	171	197	218	201	207	245	343	284	216	194	202
Operating Cost of Revenue	171	197	218	201	207	245	343	284	216	194	202
Total Operating Expenses	134	143	156	159	-3.62	173	186	186	194	207	231
Selling, General & Admin Expense	30	33	36	35	38	37	40	29	33	38	62
Marketing Expense	47	48	51	53	54	54	61	63	65	68	68
Research & Development Expense	58	62	69	71	73	82	85	94	96	101	101
Total Other Income / (Expense), net	0.43	1.08	2.66	4.12	5.39	4.76	1.08	3.01	11	13	11
Other Income / (Expense), net	0.43	1.08	2.66	4.12	5.39	4.76	1.08	3.01	11	13	11
Income Tax Expense	0.18	1.05	33	-10	29	4.08	12	13	-9.83	-1.48	-1.11
Basic Earnings per Share	$1.35	$1.69	$0.93	$1.19	$3.31	$1.19	$2.73	$2.96	$0.97	$0.57	$0.39
Weighted Average Basic Shares Outstanding	29.00M	28.93M	29.67M	58.91M	58.53M	59.66M	60.33M	57.80M	57.20M	56.82M	56.06M
Diluted Earnings per Share	$1.32	$1.65	$0.90	$1.16	$3.24	$1.17	$2.67	$2.93	$0.97	$0.56	$0.39
Weighted Average Diluted Shares Outstanding	29.70M	29.62M	30.55M	60.29M	59.63M	60.85M	61.47M	58.37M	57.62M	57.13M	56.32M
Weighted Average Basic & Diluted Shares Outstanding	29M	29.50M	29.70M	29.40M	29.54M	60.05M	59.16M	56.99M	56.89M	56.93M	55.50M
Cash Dividends to Common per Share	$0.48	$0.52	$0.56	$0.64	$0.70	$0.42	$0.54	$0.72	$0.77	$0.81	$0.84

This table shows Power Integrations' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026
Net Income / (Loss) Attributable to Common Shareholders	14	3.95	4.85	14	9.14	8.79	1.37	-1.36	13	3.30	9.83
Consolidated Net Income / (Loss)	14	3.95	4.85	14	9.14	8.79	1.37	-1.36	13	3.30	9.83
Net Income / (Loss) Continuing Operations	14	3.95	4.85	14	9.14	8.79	1.37	-1.36	13	3.30	9.83
Total Pre-Tax Income	2.23	3.97	5.15	14	7.30	9.89	1.35	-1.40	11	3.92	11
Total Operating Income	-1.05	0.47	1.96	12	3.92	6.72	-1.35	-3.95	8.77	1.45	8.90
Total Gross Profit	46	48	57	63	57	58	64	65	55	57	65
Total Revenue	90	92	106	116	105	106	116	119	103	108	119
Operating Revenue	90	92	106	116	105	106	116	119	103	108	119
Total Cost of Revenue	43	44	50	53	48	47	52	54	49	51	54
Operating Cost of Revenue	43	44	50	53	48	47	52	54	49	51	54
Total Operating Expenses	47	47	55	52	53	52	65	69	46	55	56
Selling, General & Admin Expense	8.28	8.36	10	8.64	11	27	30	25	5.73	24	28
Research & Development Expense	24	23	26	26	26	24	26	27	24	26	27
Other Operating Expenses / (Income)	-	-	-	-	-	0.00	9.15	-	-	-1.42	0.52
Total Other Income / (Expense), net	3.28	3.50	3.19	2.75	3.38	3.17	2.69	2.56	2.37	2.47	2.33
Other Income / (Expense), net	3.28	3.50	3.19	2.75	3.38	3.17	2.69	2.56	2.37	2.47	2.33
Income Tax Expense	-12	0.02	0.30	0.04	-1.84	1.10	-0.02	-0.04	-2.14	0.62	1.40
Basic Earnings per Share	$0.25	$0.07	$0.09	$0.25	$0.16	$0.15	$0.02	($0.02)	$0.24	$0.06	$0.18
Weighted Average Basic Shares Outstanding	57.20M	56.83M	56.78M	56.82M	56.82M	56.87M	56.27M	55.80M	56.06M	55.51M	55.75M
Diluted Earnings per Share	$0.25	$0.07	$0.09	$0.25	$0.15	$0.15	$0.02	($0.02)	$0.24	$0.06	$0.17
Weighted Average Diluted Shares Outstanding	57.62M	57.13M	56.98M	57.00M	57.13M	57.12M	56.39M	55.80M	56.32M	55.87M	56.70M
Weighted Average Basic & Diluted Shares Outstanding	56.89M	56.76M	56.83M	56.86M	56.93M	56.29M	56.10M	55.34M	55.50M	55.72M	55.87M

This table details how cash moves in and out of Power Integrations' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	29	-28	32	40	45	80	-101	-53	-41	-13	7.78
Net Cash From Operating Activities	92	98	82	84	224	126	231	215	66	81	112
Net Cash From Continuing Operating Activities	92	98	82	84	224	126	231	215	66	81	112
Net Income / (Loss) Continuing Operations	39	49	28	70	193	71	164	171	56	32	22
Consolidated Net Income / (Loss)	39	49	28	70	193	71	164	171	56	32	22
Depreciation Expense	16	17	18	19	19	24	31	35	35	33	27
Amortization Expense	8.10	7.22	7.18	5.49	5.02	5.06	5.08	5.71	1.82	-0.36	-0.30
Non-Cash Adjustments To Reconcile Net Income	15	21	25	22	24	31	41	24	28	35	39
Changes in Operating Assets and Liabilities, net	14	3.76	3.63	-33	-17	-5.45	-11	-21	-55	-19	23
Net Cash From Investing Activities	-7.74	-117	-35	69	-162	-28	-233	78	-14	-26	36
Net Cash From Continuing Investing Activities	-7.74	-117	-35	69	-162	-28	-233	78	-14	-26	36
Purchase of Property, Plant & Equipment	-22	-12	-32	-25	-24	-71	-47	-39	-21	-17	-24
Acquisitions	-16	0.00	0.00	-0.90	-1.03	-	-	0.00	0.00	-9.52	0.00
Purchase of Investments	-30	-189	-152	-63	-207	-110	-554	-56	-191	-106	-64
Sale of Property, Plant & Equipment	-	-	-	0.00	0.00	0.65	0.04	1.20	0.00	0.00	0.15
Sale and/or Maturity of Investments	59	83	149	158	70	151	368	172	198	107	125
Net Cash From Financing Activities	-55	-8.43	-16	-113	-18	-17	-99	-346	-93	-68	-140
Net Cash From Continuing Financing Activities	-55	-8.43	-16	-113	-18	-17	-99	-346	-93	-68	-140
Repayment of Debt	0.00	0.00	-5.00	-8.00	-	-	-	-	0.00	0.00	-13
Repurchase of Common Equity	-54	-6.44	-9.19	-103	-7.30	-2.64	-74	-311	-55	-28	-98
Payment of Dividends	-14	-15	-17	-19	-21	-25	-33	-41	-44	-46	-47
Issuance of Debt	0.00	0.00	5.00	8.00	-	-	-	-	0.00	0.00	13
Issuance of Common Equity	13	13	10	9.35	9.91	11	7.71	6.16	6.24	5.70	5.33
Cash Income Taxes Paid	0.47	6.61	-1.57	7.44	21	-1.97	26	18	14	4.78	3.03

This table details how cash moves in and out of Power Integrations' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026
Net Change in Cash & Equivalents	-31	-7.49	-5.95	7.98	-7.50	-1.36	17	-18	10	4.64	7.22
Net Cash From Operating Activities	16	16	18	33	15	26	29	30	26	20	22
Net Cash From Continuing Operating Activities	16	16	18	33	15	26	29	30	26	20	22
Net Income / (Loss) Continuing Operations	14	3.95	4.85	14	9.14	8.79	1.37	-1.36	13	3.30	9.83
Consolidated Net Income / (Loss)	14	3.95	4.85	14	9.14	8.79	1.37	-1.36	13	3.30	9.83
Depreciation Expense	8.89	8.72	8.39	8.45	7.74	7.24	7.00	6.54	6.41	6.38	6.24
Amortization Expense	0.05	0.05	-0.09	-0.14	-0.18	-0.14	-0.17	0.01	-0.01	0.03	0.02
Non-Cash Adjustments To Reconcile Net Income	7.52	6.59	11	7.76	9.53	8.30	10	21	-0.24	6.36	12
Changes in Operating Assets and Liabilities, net	-14	-3.40	-6.71	2.55	-12	2.19	11	3.56	6.75	3.98	-5.82
Net Cash From Investing Activities	12	-0.06	-0.89	-17	-8.38	4.53	33	3.54	-4.48	-6.15	-2.87
Net Cash From Continuing Investing Activities	12	-0.06	-0.89	-17	-8.38	4.53	33	3.54	-4.48	-6.15	-2.87
Purchase of Property, Plant & Equipment	-6.14	-4.34	-4.17	-5.73	-3.05	-5.73	-5.93	-5.69	-7.05	-2.00	-4.30
Purchase of Investments	-18	-50	-28	-20	-8.14	-5.63	-42	-11	-5.71	-15	-9.27
Sale and/or Maturity of Investments	36	54	31	18	2.80	16	81	20	8.28	11	11
Net Cash From Financing Activities	-59	-23	-23	-8.36	-14	-32	-44	-52	-12	-9.26	-12
Net Cash From Continuing Financing Activities	-59	-23	-23	-8.36	-14	-32	-44	-52	-12	-9.26	-12
Payment of Dividends	-11	-11	-11	-11	-12	-12	-12	-12	-12	-12	-12

This table presents Power Integrations' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	488	554	621	589	804	903	1,014	840	820	829	772
Total Current Assets	240	318	365	332	541	601	687	525	512	514	458
Cash & Equivalents	90	62	94	134	179	259	158	105	64	51	59
Short-Term Investments	84	188	189	94	232	190	372	248	248	249	191
Accounts Receivable	7.82	6.53	17	11	24	36	41	21	15	27	18
Inventories, net	52	53	57	81	90	103	99	135	163	166	167
Prepaid Expenses	6.79	8.72	7.76	12	16	13	16	15	22	21	24
Plant, Property, & Equipment, net	99	95	112	114	117	166	180	177	164	150	147
Total Noncurrent Assets	148	141	145	142	146	136	148	138	144	165	167
Goodwill	92	92	92	92	92	92	92	92	92	95	95
Intangible Assets	38	32	25	21	17	13	9.01	6.60	4.42	8.08	7.24
Other Noncurrent Operating Assets	5.90	6.16	25	22	34	28	31	21	19	25	65
Total Liabilities & Shareholders' Equity	488	554	621	589	804	903	1,014	840	820	829	772
Total Liabilities	59	51	73	62	79	93	102	85	68	79	99
Total Current Liabilities	52	44	51	48	50	63	72	58	49	55	70
Accounts Payable	22	30	33	32	27	35	44	30	26	30	34
Accrued Expenses	2.29	2.73	4.01	3.75	9.05	12	12	13	7.91	11	23
Current Employee Benefit Liabilities	9.33	11	12	12	13	15	15	15	14	14	14
Total Noncurrent Liabilities	6.93	7.38	22	13	29	30	30	27	19	24	29
Other Noncurrent Operating Liabilities	3.12	3.92	3.94	4.39	14	15	15	11	13	20	29
Commitments & Contingencies	0.00	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	429	503	548	527	725	810	912	755	752	750	673
Total Preferred & Common Equity	429	503	548	527	725	810	912	755	752	750	673
Total Common Equity	429	503	548	527	725	810	912	755	752	750	673
Common Stock	145	173	198	126	152	191	162	0.02	0.02	19	0.02
Retained Earnings	285	333	351	403	576	622	753	763	754	734	674
Accumulated Other Comprehensive Income / (Loss)	-1.85	-2.71	-2.14	-1.69	-3.13	-2.16	-3.74	-7.34	-1.46	-3.02	-1.11

This table presents Power Integrations' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026
Period end date	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026	6/30/2026
Total Assets	851	859	865	806	805	825	814	798	773	771	779
Total Current Assets	539	551	556	502	500	508	500	483	456	458	471
Cash & Equivalents	94	84	95	56	50	58	50	67	49	63	71
Short-Term Investments	264	262	262	243	240	245	240	202	193	194	192
Accounts Receivable	21	32	29	12	16	17	23	28	32	14	27
Inventories, net	142	150	150	168	170	168	169	168	165	163	158
Prepaid Expenses	18	23	21	23	23	20	19	18	18	24	24
Plant, Property, & Equipment, net	174	168	166	160	154	153	147	148	148	144	142
Total Noncurrent Assets	139	140	143	143	151	164	168	167	169	169	166
Goodwill	92	92	92	92	92	95	95	95	95	95	95
Intangible Assets	6.05	5.51	4.97	3.88	3.56	8.28	7.87	7.66	7.45	7.06	6.89
Other Noncurrent Operating Assets	21	21	17	18	24	24	26	27	29	66	64
Total Liabilities & Shareholders' Equity	851	859	865	806	805	825	814	798	773	771	779
Total Liabilities	89	92	80	68	74	76	79	94	101	99	98
Total Current Liabilities	63	65	53	50	50	51	55	65	71	67	67
Accounts Payable	35	41	29	27	25	27	34	31	37	31	29
Accrued Expenses	14	9.54	10	9.47	11	9.27	8.06	18	19	22	25
Current Employee Benefit Liabilities	13	14	14	12	14	13	13	15	14	13	13
Total Noncurrent Liabilities	26	27	27	18	24	25	24	29	29	32	32
Other Noncurrent Operating Liabilities	10	11	10	12	18	19	20	25	25	32	32
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	762	768	785	738	731	749	736	704	672	672	681
Total Preferred & Common Equity	762	768	785	738	731	749	736	704	672	672	681
Total Common Equity	762	768	785	738	731	749	736	704	672	672	681
Common Stock	8.80	11	19	0.02	0.02	11	7.13	0.02	0.02	9.02	20
Retained Earnings	759	762	771	741	734	737	731	705	673	665	663
Accumulated Other Comprehensive Income / (Loss)	-5.04	-5.76	-5.73	-2.56	-3.19	1.01	-2.18	-1.29	-1.26	-2.49	-2.95

This table displays calculated financial ratios and metrics derived from Power Integrations' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-1.20%	13.08%	10.80%	-3.66%	1.13%	16.08%	44.02%	-7.41%	-31.73%	-5.75%	5.86%
EBITDA Growth	-19.57%	15.78%	16.05%	-1.96%	192.99%	-57.81%	104.38%	5.36%	-62.99%	-23.19%	-24.85%
EBIT Growth	-29.51%	27.00%	20.71%	-0.89%	272.15%	-66.17%	134.06%	4.14%	-74.97%	-33.01%	-31.78%
NOPAT Growth	-33.77%	23.53%	-44.84%	146.93%	189.70%	-64.68%	145.10%	2.84%	-74.67%	-55.85%	-42.87%
Net Income Growth	-34.25%	24.89%	-43.54%	153.48%	176.45%	-63.21%	131.00%	3.92%	-67.38%	-42.17%	-31.46%
EPS Growth	-31.61%	25.00%	-45.45%	153.48%	176.45%	-63.89%	128.21%	9.74%	-66.89%	-42.27%	-30.36%
Operating Cash Flow Growth	7.74%	6.20%	-16.20%	2.35%	167.38%	-44.04%	83.76%	-6.72%	-69.46%	23.45%	37.37%
Free Cash Flow Firm Growth	4.52%	26.95%	-71.53%	121.22%	452.26%	-89.12%	655.97%	3.76%	-97.78%	193.93%	283.79%
Invested Capital Growth	-0.25%	-0.84%	4.82%	12.72%	5.02%	15.24%	5.66%	5.17%	9.78%	2.07%	-5.88%
Revenue Q/Q Growth	0.38%	3.87%	1.36%	-3.47%	5.29%	8.02%	3.22%	-6.85%	-7.35%	3.90%	-0.46%
EBITDA Q/Q Growth	0.02%	3.08%	2.89%	-7.66%	253.34%	-59.93%	9.13%	-9.06%	-19.89%	6.18%	5.92%
EBIT Q/Q Growth	-1.20%	5.62%	2.44%	-9.01%	380.80%	-67.62%	10.02%	-11.02%	-29.76%	19.75%	22.43%
NOPAT Q/Q Growth	-4.12%	3.30%	-53.41%	127.21%	264.03%	-66.15%	9.32%	-9.95%	-24.08%	-0.33%	92.02%
Net Income Q/Q Growth	-4.04%	3.38%	-53.05%	130.59%	234.07%	-64.80%	8.89%	-9.48%	-13.29%	-13.73%	23.13%
EPS Q/Q Growth	-2.94%	3.13%	-54.55%	130.59%	234.07%	-65.38%	6.80%	-11.21%	-13.39%	-15.15%	30.00%
Operating Cash Flow Q/Q Growth	15.43%	3.10%	-0.36%	-9.79%	270.04%	-51.94%	0.35%	-9.67%	-10.64%	-1.86%	11.48%
Free Cash Flow Firm Q/Q Growth	119.64%	-21.99%	2,176.10%	-29.09%	1,127.82%	-89.59%	13.52%	-6.70%	-77.58%	435.13%	77.57%
Invested Capital Q/Q Growth	-2.11%	4.18%	-11.30%	5.54%	-2.20%	7.55%	6.19%	3.71%	2.86%	0.97%	-1.58%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	50.29%	49.32%	49.49%	51.64%	50.73%	49.88%	51.28%	56.35%	51.50%	53.64%	54.49%
EBITDA Margin	18.54%	18.99%	19.89%	20.24%	58.63%	21.31%	30.24%	34.41%	18.66%	15.20%	10.79%
Operating Margin	11.29%	12.54%	13.35%	13.38%	51.59%	14.43%	24.89%	27.71%	7.89%	4.28%	2.30%
EBIT Margin	11.41%	12.82%	13.97%	14.37%	52.87%	15.41%	25.04%	28.17%	10.33%	7.34%	4.73%
Profit (Net Income) Margin	11.36%	12.55%	6.39%	16.82%	45.99%	14.58%	23.38%	26.24%	12.54%	7.69%	4.98%
Tax Burden Percent	99.54%	97.89%	45.79%	117.10%	86.99%	94.58%	93.34%	93.14%	121.41%	104.81%	105.31%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	0.46%	2.11%	54.21%	-17.10%	13.01%	5.42%	6.66%	6.86%	-21.41%	-4.81%	-5.31%
Return on Invested Capital (ROIC)	15.18%	18.86%	10.20%	23.14%	61.70%	19.76%	43.99%	42.92%	10.11%	4.22%	2.46%
ROIC Less NNEP Spread (ROIC-NNEP)	14.94%	18.36%	9.74%	21.25%	60.23%	18.72%	43.79%	42.28%	6.15%	-0.18%	-1.67%
Return on Net Nonoperating Assets (RNNOA)	-6.07%	-8.36%	-4.95%	-10.11%	-30.78%	-10.49%	-24.90%	-22.42%	-2.71%	0.07%	0.65%
Return on Equity (ROE)	9.11%	10.50%	5.26%	13.02%	30.91%	9.27%	19.09%	20.50%	7.39%	4.29%	3.11%
Cash Return on Invested Capital (CROIC)	15.43%	19.70%	5.50%	11.17%	56.80%	5.61%	38.48%	37.88%	0.78%	2.18%	8.52%
Operating Return on Assets (OROA)	8.02%	9.59%	10.26%	9.88%	31.94%	8.82%	18.37%	19.78%	5.53%	3.73%	2.62%
Return on Assets (ROA)	7.98%	9.39%	4.70%	11.57%	27.79%	8.34%	17.15%	18.42%	6.72%	3.91%	2.76%
Return on Common Equity (ROCE)	9.11%	10.50%	5.26%	13.02%	30.91%	9.27%	19.09%	20.50%	7.39%	4.29%	3.11%
Return on Equity Simple (ROE_SIMPLE)	9.13%	9.72%	5.04%	13.28%	26.70%	8.78%	18.03%	22.62%	7.41%	4.30%	0.00%
Net Operating Profit after Tax (NOPAT)	39	48	26	65	189	67	163	168	43	19	11
NOPAT Margin	11.24%	12.28%	6.11%	15.67%	44.88%	13.65%	23.24%	25.81%	9.58%	4.49%	2.42%
Net Nonoperating Expense Percent (NNEP)	0.24%	0.50%	0.46%	1.88%	1.47%	1.05%	0.21%	0.64%	3.96%	4.40%	4.13%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	22.25%	5.66%	2.51%	1.60%
Cost of Revenue to Revenue	49.71%	50.68%	50.51%	48.36%	49.27%	50.12%	48.72%	43.65%	48.50%	46.36%	45.51%
SG&A Expenses to Revenue	8.71%	8.48%	8.37%	8.53%	8.93%	7.56%	5.66%	4.44%	7.48%	9.12%	14.07%
R&D to Revenue	16.70%	15.99%	15.87%	16.97%	17.47%	16.73%	12.08%	14.42%	21.61%	24.06%	22.80%
Operating Expenses to Revenue	39.00%	36.78%	36.14%	38.26%	-0.86%	35.45%	26.39%	28.64%	43.62%	49.36%	52.19%
Earnings before Interest and Taxes (EBIT)	39	50	60	60	222	75	176	183	46	31	21
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	64	74	86	84	247	104	213	224	83	64	48
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.00	3.69	3.78	3.24	3.87	5.87	6.00	5.32	6.13	4.68	2.92
Price to Tangible Book Value (P/TBV)	4.31	4.89	4.81	4.13	4.55	6.74	6.75	6.12	7.03	5.43	3.45
Price to Revenue (P/Rev)	3.73	4.76	4.79	4.11	6.67	9.74	7.78	6.17	10.38	8.37	4.43
Price to Earnings (P/E)	32.84	37.97	74.93	24.41	14.50	66.85	33.28	23.51	82.78	108.85	89.02
Dividend Yield	1.06%	0.82%	0.80%	1.10%	0.73%	0.53%	0.60%	1.03%	0.95%	1.31%	2.36%
Earnings Yield	3.05%	2.63%	1.33%	4.10%	6.90%	1.50%	3.00%	4.25%	1.21%	0.92%	1.12%
Enterprise Value to Invested Capital (EV/IC)	4.36	6.36	6.74	4.96	7.64	11.93	12.95	9.12	9.76	7.13	4.06
Enterprise Value to Revenue (EV/Rev)	3.23	4.12	4.14	3.56	5.69	8.82	7.03	5.63	9.68	7.66	3.87
Enterprise Value to EBITDA (EV/EBITDA)	17.40	21.71	20.80	17.58	9.70	41.41	23.24	16.35	51.88	50.37	35.87
Enterprise Value to EBIT (EV/EBIT)	28.27	32.15	29.61	24.76	10.76	57.26	28.06	19.97	93.72	104.33	81.85
Enterprise Value to NOPAT (EV/NOPAT)	28.71	33.57	67.67	22.71	12.68	64.63	30.24	21.80	101.08	170.74	159.95
Enterprise Value to Operating Cash Flow (EV/OCF)	12.06	16.40	21.77	17.62	10.66	34.29	21.41	17.01	65.43	39.52	15.40
Enterprise Value to Free Cash Flow (EV/FCFF)	28.24	32.14	125.52	47.02	13.77	227.86	34.57	24.69	1,305.51	331.23	46.19
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.41	-0.46	-0.51	-0.48	-0.51	-0.56	-0.57	-0.53	-0.44	-0.41	-0.39
Leverage Ratio	1.14	1.12	1.12	1.13	1.11	1.11	1.11	1.11	1.10	1.10	1.13
Compound Leverage Factor	1.14	1.12	1.12	1.13	1.11	1.11	1.11	1.11	1.10	1.10	1.13
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	15.35	24.14	19.33	19.21	24.38	33.21	35.08	31.83	43.63	29.16	14.36
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	4.62	7.24	7.14	6.87	10.72	9.62	9.50	8.99	10.47	9.29	6.51
Quick Ratio	3.49	5.85	5.87	4.96	8.63	7.76	7.91	6.42	6.68	5.91	3.81
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	39	50	14	31	174	19	143	148	3.30	9.69	37
Operating Cash Flow to CapEx	423.89%	802.60%	252.46%	340.25%	930.99%	179.62%	488.74%	566.56%	314.88%	469.63%	459.94%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.70	0.75	0.73	0.69	0.60	0.57	0.73	0.70	0.54	0.51	0.55
Accounts Receivable Turnover	38.28	54.32	37.02	29.85	23.80	16.23	18.20	20.93	25.04	20.02	19.53
Inventory Turnover	2.95	3.78	3.98	2.92	2.42	2.53	3.39	2.42	1.44	1.18	1.21
Fixed Asset Turnover	3.53	4.00	4.17	3.68	3.65	3.45	4.07	3.65	2.61	2.67	3.00
Accounts Payable Turnover	7.85	7.69	6.93	6.21	7.03	7.88	8.74	7.70	7.63	6.91	6.33
Days Sales Outstanding (DSO)	9.53	6.72	9.86	12.23	15.33	22.49	20.06	17.44	14.58	18.23	18.69
Days Inventory Outstanding (DIO)	123.53	96.57	91.76	125.14	150.78	144.12	107.67	150.69	252.77	308.93	300.62
Days Payable Outstanding (DPO)	46.49	47.49	52.67	58.75	51.94	46.34	41.78	47.39	47.81	52.79	57.64
Cash Conversion Cycle (CCC)	86.58	55.80	48.95	78.62	114.17	120.27	85.95	120.74	219.53	274.37	261.67
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	255	253	265	298	313	361	382	401	441	450	423
Invested Capital Turnover	1.35	1.54	1.67	1.48	1.37	1.45	1.89	1.66	1.06	0.94	1.02
Increase / (Decrease) in Invested Capital	-0.64	-2.13	12	34	15	48	20	20	39	9.11	-26
Enterprise Value (EV)	1,112	1,606	1,786	1,480	2,393	4,309	4,942	3,663	4,302	3,209	1,717
Market Capitalization	1,286	1,856	2,069	1,708	2,804	4,758	5,472	4,017	4,614	3,509	1,967
Book Value per Share	$15.08	$17.26	$18.43	$17.97	$24.63	$13.54	$15.12	$13.20	$13.23	$13.19	$12.16
Tangible Book Value per Share	$10.50	$13.03	$14.48	$14.12	$20.93	$11.79	$13.45	$11.48	$11.54	$11.37	$10.31
Total Capital	429	503	548	527	725	810	912	755	752	750	673
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-174	-250	-283	-229	-411	-449	-530	-354	-312	-300	-250
Capital Expenditures (CapEx)	22	12	32	25	24	70	47	38	21	17	24
Debt-free, Cash-free Net Working Capital (DFCFNWC)	15	24	31	55	80	90	84	113	151	159	138
Debt-free Net Working Capital (DFNWC)	188	274	313	284	491	539	614	467	463	459	388
Net Working Capital (NWC)	188	274	313	284	491	539	614	467	463	459	388
Net Nonoperating Expense (NNE)	-0.42	-1.06	-1.22	-4.82	-4.69	-4.51	-1.01	-2.81	-13	-13	-11
Net Nonoperating Obligations (NNO)	-174	-250	-283	-229	-411	-449	-530	-354	-312	-300	-250
Total Depreciation and Amortization (D&A)	25	24	26	24	24	29	37	41	37	33	27
Debt-free, Cash-free Net Working Capital to Revenue	4.22%	6.12%	7.09%	13.34%	18.96%	18.33%	11.96%	17.34%	34.00%	37.88%	31.22%
Debt-free Net Working Capital to Revenue	54.67%	70.40%	72.61%	68.29%	116.69%	110.32%	87.38%	71.67%	104.09%	109.49%	87.48%
Net Working Capital to Revenue	54.67%	70.40%	72.61%	68.29%	116.69%	110.32%	87.38%	71.67%	104.09%	109.49%	87.48%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.68	$0.83	$0.47	$1.19	$3.31	$1.19	$2.73	$2.96	$0.97	$0.57	$0.39
Adjusted Weighted Average Basic Shares Outstanding	58.00M	57.85M	59.35M	58.91M	58.53M	59.66M	60.33M	57.80M	57.20M	56.82M	56.06M
Adjusted Diluted Earnings per Share	$0.66	$0.81	$0.45	$1.16	$3.25	$1.17	$2.67	$2.93	$0.97	$0.56	$0.39
Adjusted Weighted Average Diluted Shares Outstanding	59.39M	59.24M	61.09M	60.29M	59.63M	60.85M	61.47M	58.37M	57.62M	57.13M	56.32M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	57.44M	58.83M	59.67M	57.80M	59.08M	60.05M	59.16M	56.99M	56.89M	56.93M	55.50M
Normalized Net Operating Profit after Tax (NOPAT)	39	48	40	39	42	67	163	168	25	13	7.14
Normalized NOPAT Margin	11.24%	12.28%	9.34%	9.36%	9.94%	13.65%	23.24%	25.81%	5.52%	3.00%	1.61%
Pre Tax Income Margin	11.41%	12.82%	13.97%	14.37%	52.87%	15.41%	25.04%	28.17%	10.33%	7.34%	4.73%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	35.54%	30.79%	60.25%	26.90%	10.60%	35.24%	19.83%	24.29%	78.96%	142.82%	213.51%
Augmented Payout Ratio	172.78%	43.95%	93.53%	174.29%	14.37%	38.94%	64.80%	206.37%	178.14%	229.32%	657.53%

This table displays calculated financial ratios and metrics derived from Power Integrations' official financial filings.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026	6/30/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	55,504,000.00	55,719,984.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	55,504,000.00	55,719,984.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	0.06	0.18
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-28.26%	-13.74%	-13.82%	-7.71%	17.59%	15.10%	9.09%	2.66%	-1.94%	2.63%	2.66%
EBITDA Growth	-64.84%	-26.73%	-45.36%	-23.95%	33.19%	33.42%	-39.16%	-77.25%	18.00%	-39.22%	113.89%
EBIT Growth	-89.71%	-46.83%	-66.48%	-31.26%	227.34%	148.87%	-73.87%	-109.75%	52.64%	-60.34%	735.17%
NOPAT Growth	-130.57%	-91.17%	-84.85%	-31.32%	172.96%	1,176.81%	-174.22%	-123.96%	113.28%	-79.51%	669.08%
Net Income Growth	-37.45%	-42.49%	-67.22%	-27.81%	-35.95%	122.31%	-71.77%	-109.49%	45.40%	-62.46%	618.26%
EPS Growth	-37.50%	-41.67%	-65.38%	-26.47%	-40.00%	114.29%	-77.78%	-108.00%	60.00%	-60.00%	750.00%
Operating Cash Flow Growth	-32.50%	-4.10%	185.25%	23.17%	-9.47%	65.90%	64.89%	-9.31%	77.96%	-24.03%	-24.39%
Free Cash Flow Firm Growth	-2,129.84%	-57.60%	37.25%	77.61%	90.87%	94.27%	122.87%	328.91%	978.59%	1,779.58%	548.65%
Invested Capital Growth	9.78%	8.65%	4.42%	3.98%	2.07%	1.81%	-1.18%	-3.45%	-5.88%	-7.15%	-3.94%
Revenue Q/Q Growth	-28.69%	2.44%	15.83%	9.08%	-9.14%	0.27%	9.78%	2.65%	-13.21%	4.95%	9.82%
EBITDA Q/Q Growth	-62.52%	14.06%	5.58%	68.47%	-34.36%	14.26%	-51.85%	-36.99%	240.43%	-41.14%	69.42%
EBIT Q/Q Growth	-89.30%	78.04%	29.58%	178.45%	-49.04%	35.36%	-86.39%	-203.94%	897.35%	-64.83%	186.56%
NOPAT Q/Q Growth	-139.98%	106.96%	294.26%	526.08%	-57.53%	21.80%	-122.92%	-102.13%	478.04%	-88.30%	536.48%
Net Income Q/Q Growth	-27.91%	-72.29%	22.64%	194.72%	-36.04%	-3.83%	-84.43%	-199.05%	1,080.09%	-75.17%	197.97%
EPS Q/Q Growth	-26.47%	-72.00%	28.57%	177.78%	-40.00%	0.00%	-86.67%	-200.00%	1,300.00%	-75.00%	183.33%
Operating Cash Flow Q/Q Growth	-39.13%	-2.23%	10.85%	86.71%	-55.27%	79.18%	10.18%	2.69%	-12.22%	-23.51%	9.65%
Free Cash Flow Firm Q/Q Growth	-87.36%	25.14%	51.19%	67.30%	23.56%	53.02%	294.76%	227.32%	193.37%	-10.19%	-24.78%
Invested Capital Q/Q Growth	2.86%	-0.48%	0.39%	1.18%	0.97%	-0.72%	-2.57%	-1.13%	-1.58%	-2.06%	0.80%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	51.63%	52.11%	53.23%	54.53%	54.41%	55.18%	55.20%	54.53%	52.91%	52.57%	54.34%
EBITDA Margin	12.47%	13.89%	12.66%	19.55%	14.13%	16.10%	7.06%	4.33%	17.00%	9.53%	14.71%
Operating Margin	-1.17%	0.51%	1.84%	10.00%	3.72%	6.37%	-1.16%	-3.32%	8.50%	1.34%	7.48%
EBIT Margin	2.49%	4.33%	4.85%	12.37%	6.94%	9.37%	1.16%	-1.18%	10.80%	3.62%	9.44%
Profit (Net Income) Margin	15.94%	4.31%	4.57%	12.34%	8.68%	8.33%	1.18%	-1.14%	12.88%	3.05%	8.27%
Tax Burden Percent	639.67%	99.55%	94.21%	99.71%	125.15%	88.92%	101.78%	97.00%	119.22%	84.18%	87.54%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	-539.67%	0.45%	5.79%	0.29%	-25.15%	11.08%	-1.78%	0.00%	-19.22%	15.82%	12.46%
Return on Invested Capital (ROIC)	-7.93%	0.52%	1.66%	9.20%	4.39%	5.54%	-1.19%	-2.37%	10.30%	1.17%	6.90%
ROIC Less NNEP Spread (ROIC-NNEP)	-14.24%	-0.54%	0.72%	8.37%	3.00%	4.58%	-2.17%	-2.89%	9.27%	0.41%	6.13%
Return on Net Nonoperating Assets (RNNOA)	6.29%	0.24%	-0.31%	-3.60%	-1.22%	-1.83%	0.85%	1.11%	-3.58%	-0.16%	-2.35%
Return on Equity (ROE)	-1.64%	0.76%	1.36%	5.60%	3.16%	3.71%	-0.35%	-1.26%	6.72%	1.01%	4.55%
Cash Return on Invested Capital (CROIC)	0.78%	0.52%	1.57%	0.41%	2.18%	3.73%	6.07%	4.78%	8.52%	8.68%	7.60%
Operating Return on Assets (OROA)	1.34%	2.25%	2.41%	5.90%	3.53%	5.00%	0.64%	-0.66%	5.98%	2.04%	5.38%
Return on Assets (ROA)	8.54%	2.24%	2.27%	5.89%	4.41%	4.45%	0.65%	-0.64%	7.13%	1.72%	4.71%
Return on Common Equity (ROCE)	-1.64%	0.76%	1.36%	5.60%	3.16%	3.71%	-0.35%	-1.26%	6.72%	1.01%	4.55%
Return on Equity Simple (ROE_SIMPLE)	0.00%	7.15%	5.87%	4.99%	0.00%	5.04%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	-6.72	0.47	1.84	12	4.90	5.97	-1.37	-2.77	10	1.22	7.79
NOPAT Margin	-7.51%	0.51%	1.74%	9.97%	4.66%	5.66%	-1.18%	-2.33%	10.14%	1.13%	6.55%
Net Nonoperating Expense Percent (NNEP)	6.31%	1.06%	0.94%	0.83%	1.39%	0.96%	0.98%	0.52%	1.03%	0.76%	0.77%
Return On Investment Capital (ROIC_SIMPLE)	-0.89%	-	-	-	0.65%	0.81%	-0.19%	-0.41%	1.55%	0.18%	1.14%
Cost of Revenue to Revenue	48.38%	47.89%	46.77%	45.47%	45.59%	44.82%	44.80%	45.47%	47.09%	47.43%	45.66%
SG&A Expenses to Revenue	9.25%	9.12%	9.86%	7.46%	10.19%	10.47%	18.09%	20.73%	5.55%	22.57%	23.59%
R&D to Revenue	26.26%	25.33%	24.53%	22.30%	24.41%	22.83%	22.43%	22.45%	23.58%	24.24%	22.84%
Operating Expenses to Revenue	52.80%	51.60%	51.39%	44.54%	50.69%	48.82%	56.36%	57.86%	44.41%	51.23%	46.86%
Earnings before Interest and Taxes (EBIT)	2.23	3.97	5.15	14	7.30	9.89	1.35	-1.40	11	3.92	11
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	11	13	13	23	15	17	8.18	5.15	18	10	17
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.13	5.50	5.45	4.86	4.68	3.91	4.47	3.36	2.92	4.23	6.86
Price to Tangible Book Value (P/TBV)	7.03	6.32	6.27	5.64	5.43	4.54	5.24	3.96	3.45	4.99	8.07
Price to Revenue (P/Rev)	10.38	9.44	9.65	9.04	8.37	6.64	7.11	5.06	4.43	6.37	10.39
Price to Earnings (P/E)	82.78	76.82	92.94	97.52	108.85	77.56	93.68	125.71	89.02	171.16	186.19
Dividend Yield	0.95%	1.09%	1.13%	1.25%	1.31%	1.62%	1.48%	2.09%	2.36%	1.65%	1.01%
Earnings Yield	1.21%	1.30%	1.08%	1.03%	0.92%	1.29%	1.07%	0.80%	1.12%	0.58%	0.54%
Enterprise Value to Invested Capital (EV/IC)	9.76	8.57	8.39	7.50	7.13	5.79	6.62	4.68	4.06	6.23	10.54
Enterprise Value to Revenue (EV/Rev)	9.68	8.74	8.95	8.28	7.66	5.97	6.50	4.52	3.87	5.79	9.80
Enterprise Value to EBITDA (EV/EBITDA)	51.88	48.00	55.03	55.67	50.37	38.05	45.91	44.56	35.87	62.72	87.18
Enterprise Value to EBIT (EV/EBIT)	93.72	88.61	114.71	130.06	104.33	70.52	87.57	117.52	81.85	172.15	176.87
Enterprise Value to NOPAT (EV/NOPAT)	101.08	101.35	145.34	177.16	170.74	105.79	134.89	360.19	159.95	474.09	288.34
Enterprise Value to Operating Cash Flow (EV/OCF)	65.43	57.74	48.27	40.38	39.52	28.21	27.91	20.13	15.40	24.57	44.90
Enterprise Value to Free Cash Flow (EV/FCFF)	1,305.51	1,724.23	546.06	1,845.21	331.23	156.76	108.41	96.18	46.19	69.16	135.89
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.44	-0.44	-0.42	-0.43	-0.41	-0.40	-0.39	-0.38	-0.39	-0.39	-0.38
Leverage Ratio	1.10	1.10	1.11	1.10	1.10	1.10	1.12	1.12	1.13	1.13	1.14
Compound Leverage Factor	1.10	1.10	1.11	1.10	1.10	1.10	1.12	1.12	1.13	1.13	1.14
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	43.45	38.52	34.78	31.31	29.07	24.44	22.57	15.85	14.32	19.66	30.87
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	10.47	10.14	9.95	10.01	9.29	9.10	7.43	6.41	6.51	6.88	7.07
Quick Ratio	6.68	6.30	6.11	6.31	5.91	5.68	4.56	3.85	3.81	4.08	4.34
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-46	-34	-17	-5.50	-4.20	-1.97	3.84	13	37	33	25
Operating Cash Flow to CapEx	264.81%	366.22%	423.11%	574.40%	483.61%	460.81%	490.58%	524.31%	371.72%	1,003.25%	510.93%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.54	0.52	0.50	0.48	0.51	0.53	0.55	0.56	0.55	0.56	0.57
Accounts Receivable Turnover	25.04	26.16	17.04	17.85	20.02	24.67	20.13	18.51	19.53	23.99	16.53
Inventory Turnover	1.44	1.34	1.23	1.19	1.18	1.17	1.18	1.21	1.21	1.24	1.28
Fixed Asset Turnover	2.61	2.58	2.57	2.52	2.67	2.82	2.93	2.96	3.00	3.07	3.10
Accounts Payable Turnover	7.63	6.68	6.01	6.81	6.91	6.48	7.15	6.24	6.33	6.34	6.98
Days Sales Outstanding (DSO)	14.58	13.95	21.41	20.45	18.23	14.79	18.13	19.72	18.69	15.22	22.08
Days Inventory Outstanding (DIO)	252.77	273.38	296.95	306.12	308.93	311.17	308.93	301.35	300.62	294.27	285.74
Days Payable Outstanding (DPO)	47.81	54.67	60.72	53.58	52.79	56.29	51.03	58.54	57.64	57.60	52.29
Cash Conversion Cycle (CCC)	219.53	232.66	257.64	272.99	274.37	269.68	276.03	262.53	261.67	251.89	255.53
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	441	439	440	445	450	447	435	430	423	415	418
Invested Capital Turnover	1.06	1.02	0.96	0.92	0.94	0.98	1.01	1.02	1.02	1.04	1.05
Increase / (Decrease) in Invested Capital	39	35	19	17	9.11	7.95	-5.21	-15	-26	-32	-17
Enterprise Value (EV)	4,302	3,758	3,694	3,340	3,209	2,586	2,878	2,014	1,717	2,585	4,404
Market Capitalization	4,614	4,057	3,984	3,644	3,509	2,875	3,147	2,256	1,967	2,842	4,667
Book Value per Share	$13.23	$12.99	$12.87	$13.18	$13.19	$12.92	$12.50	$11.98	$12.16	$12.10	$12.21
Tangible Book Value per Share	$11.54	$11.30	$11.19	$11.36	$11.37	$11.11	$10.67	$10.15	$10.31	$10.26	$10.38
Total Capital	752	738	731	749	750	736	704	672	673	672	681
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-312	-300	-290	-304	-300	-289	-269	-242	-250	-257	-263
Capital Expenditures (CapEx)	6.14	4.34	4.17	5.73	3.05	5.73	5.93	5.69	7.05	2.00	4.30
Debt-free, Cash-free Net Working Capital (DFCFNWC)	151	153	159	153	159	156	149	143	138	135	142
Debt-free Net Working Capital (DFNWC)	463	453	450	457	459	445	418	385	388	392	405
Net Working Capital (NWC)	463	453	450	457	459	445	418	385	388	392	405
Net Nonoperating Expense (NNE)	-21	-3.49	-3.00	-2.74	-4.24	-2.82	-2.74	-1.41	-2.83	-2.08	-2.04
Net Nonoperating Obligations (NNO)	-312	-300	-290	-304	-300	-289	-269	-242	-250	-257	-263
Total Depreciation and Amortization (D&A)	8.93	8.76	8.30	8.32	7.57	7.11	6.84	6.55	6.40	6.41	6.26
Debt-free, Cash-free Net Working Capital to Revenue	34.00%	35.66%	38.54%	38.04%	37.88%	35.94%	33.71%	32.12%	31.22%	30.15%	31.58%
Debt-free Net Working Capital to Revenue	104.09%	105.35%	108.89%	113.37%	109.49%	102.78%	94.45%	86.40%	87.48%	87.78%	90.02%
Net Working Capital to Revenue	104.09%	105.35%	108.89%	113.37%	109.49%	102.78%	94.45%	86.40%	87.48%	87.78%	90.02%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.25	$0.07	$0.09	$0.25	$0.16	$0.15	$0.02	($0.02)	$0.24	$0.06	$0.18
Adjusted Weighted Average Basic Shares Outstanding	57.20M	56.83M	56.78M	56.82M	56.82M	56.87M	56.27M	55.80M	56.06M	55.51M	55.75M
Adjusted Diluted Earnings per Share	$0.25	$0.07	$0.09	$0.25	$0.15	$0.15	$0.02	($0.02)	$0.24	$0.06	$0.17
Adjusted Weighted Average Diluted Shares Outstanding	57.62M	57.13M	56.98M	57.00M	57.13M	57.12M	56.39M	55.80M	56.32M	55.87M	56.70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	56.89M	56.76M	56.83M	56.86M	56.93M	56.29M	56.10M	55.34M	55.50M	55.72M	55.87M
Normalized Net Operating Profit after Tax (NOPAT)	-0.74	0.47	1.84	12	2.74	5.97	-0.94	-2.77	6.14	6.45	7.79
Normalized NOPAT Margin	-0.82%	0.51%	1.74%	9.97%	2.61%	5.66%	-0.81%	-2.33%	5.95%	5.95%	6.55%
Pre Tax Income Margin	2.49%	4.33%	4.85%	12.37%	6.94%	9.37%	1.16%	-1.18%	10.80%	3.62%	9.44%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	78.96%	84.30%	104.93%	121.62%	142.82%	125.74%	140.13%	264.67%	213.51%	284.05%	188.45%
Augmented Payout Ratio	178.14%	213.50%	280.48%	318.12%	229.32%	223.77%	311.49%	821.99%	657.53%	735.78%	357.76%

Financials Breakdown Chart

Key Financial Trends

Power Integrations (NASDAQ: POWI) started 2026 with a much softer operating profile than it showed a year ago, even though the balance sheet remains solid and the company continues to generate positive cash flow.

For Q1 2026, revenue rose to $108.3 million from $105.5 million in Q1 2025, but profitability weakened sharply. Net income fell to $3.3 million, down from $8.8 million a year earlier, and operating income slipped to just $1.5 million from $6.7 million. The quarter also included a $6.2 million restructuring charge, which hurt operating results.

Over the last several quarters, the company’s revenue has been fairly stable, generally ranging from the low $100 million to mid-$100 million level, but earnings have been more volatile. After strong results in 2024, 2025 turned choppier, with Q3 2025 posting a net loss and negative operating income before rebounding in Q4 2025. Q1 2026 was profitable again, but still well below prior-year levels.

Cash generation remains a key strength. In Q1 2026, Power Integrations produced $20.0 million in operating cash flow, compared with $26.4 million in Q1 2025. That’s lower, but still healthy relative to the company’s earnings. The company also ended Q1 2026 with $63.4 million in cash and $193.8 million in short-term investments, giving it a substantial liquidity cushion.

Inventory remains elevated at $163.0 million, which is something investors will likely watch closely. That level is not far below the company’s recent peaks, and it suggests Power Integrations is still managing a fairly heavy working-capital position.

Shareholder returns continue to be meaningful. In Q1 2026, the company paid $11.95 million in dividends and issued $2.69 million of common equity, while not repurchasing stock. In prior quarters, buybacks were more active, so capital return patterns have been inconsistent.

Positive: Q1 2026 revenue grew year over year to $108.3 million, showing the top line is still expanding modestly.
Positive: Operating cash flow remained strong at $20.0 million, supporting ongoing dividend payments and investment needs.
Positive: The company has a very liquid balance sheet, with $63.4 million in cash and $193.8 million in short-term investments.
Positive: Total equity of $671.8 million is far above total liabilities of $98.9 million, indicating low leverage.
Positive: Power Integrations has continued to return capital through dividends, which can appeal to income-focused investors.
Neutral: Gross margin in Q1 2026 was about 52.6%, still solid, but not enough to fully absorb operating expenses and restructuring costs.
Neutral: R&D spending remains high at $26.3 million, suggesting the company is still investing to support future growth.
Neutral: Inventory remains elevated at $163.0 million, so demand normalization and working-capital efficiency are worth monitoring.
Negative: Operating income fell to just $1.5 million in Q1 2026, down sharply from the prior year.
Negative: The $6.2 million restructuring charge signals ongoing cost pressure or a business reset.

Bottom line: Power Integrations still looks financially stable and cash-rich, but profitability has clearly lost momentum. For investors, the key question is whether the recent revenue stability can translate back into stronger operating leverage and higher earnings growth.

08/16/26 06:00 PM ETAI Generated. May Contain Errors.

Power Integrations Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Power Integrations' financial year ends in December. Their financial year 2025 ended on December 31, 2025.

In the past 10 years, Power Integrations' net income has ranged from $22.09 million in 2025 to $193.47 million in 2019, and is currently $22.09 million as of their latest financial filing in 2025. Check out Power Integrations' forecast to explore projected trends and price targets.

Power Integrations' total operating income in 2025 was $10.19 million, based on the following breakdown:

Total Gross Profit: $241.65 million
Total Operating Expenses: $231.46 million

Over the last 10 years, Power Integrations' total revenue changed from $344.61 million in 2015 to $443.50 million in 2025, a change of 28.7%.

Power Integrations' total liabilities were at $99.36 million at the end of 2025, a 25.7% increase from 2024, and a 68.6% increase since 2015.

In the past 10 years, Power Integrations' cash and equivalents has ranged from $50.97 million in 2024 to $258.87 million in 2020, and is currently $58.76 million as of their latest financial filing in 2025.

Over the last 10 years, Power Integrations' book value per share changed from 15.08 in 2015 to 12.16 in 2025, a change of -19.3%.

Related Companies

Financial statements for NASDAQ:POWI last updated on 8/6/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Power Integrations (POWI) Financials

Financials Breakdown Chart

Key Financial Trends

Power Integrations Financials - Frequently Asked Questions

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Power Integrations (POWI) Financials

Annual Income Statements for Power Integrations

Quarterly Income Statements for Power Integrations

Annual Cash Flow Statements for Power Integrations

Quarterly Cash Flow Statements for Power Integrations

Annual Balance Sheets for Power Integrations

Quarterly Balance Sheets for Power Integrations

Annual Metrics And Ratios for Power Integrations

Quarterly Metrics And Ratios for Power Integrations

Financials Breakdown Chart

Key Financial Trends

Power Integrations Financials - Frequently Asked Questions

When does Power Integrations' fiscal year end?

How has Power Integrations' net income changed over the last 10 years?

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How has Power Integrations' revenue changed over the last 10 years?

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How has Power Integrations' book value per share changed over the last 10 years?

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