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Power Solutions International (PSIX) Financials

Power Solutions International logo
$39.59 +2.63 (+7.12%)
Closing price 04:00 PM Eastern
Extended Trading
$39.00 -0.59 (-1.49%)
As of 05:37 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for Power Solutions International

Annual Income Statements for Power Solutions International

This table shows Power Solutions International's 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
-2.89 -47 -85 -55 8.25 -23 -48 11 26 69 114
Consolidated Net Income / (Loss)
-2.89 -47 -48 -55 8.25 -23 -48 11 26 69 114
Net Income / (Loss) Continuing Operations
-2.89 -47 -48 -55 8.25 -23 -48 11 26 69 114
Total Pre-Tax Income
-13 -36 -47 -55 8.66 -27 -49 12 27 70 103
Total Operating Income
-17 -25 -18 -37 17 -22 -42 25 44 82 110
Total Gross Profit
51 29 51 59 100 58 41 89 106 141 185
Total Revenue
362 339 417 496 546 418 456 481 459 476 722
Operating Revenue
362 339 417 496 546 418 456 481 459 476 722
Total Cost of Revenue
311 310 366 437 446 359 415 393 353 335 538
Operating Cost of Revenue
311 310 366 437 446 359 415 393 353 335 538
Total Operating Expenses
69 55 69 95 83 80 83 64 62 59 75
Marketing Expense
29 29 44 60 54 52 58 43 40 37 56
Research & Development Expense
24 19 20 29 25 25 22 19 19 20 18
Amortization Expense
4.58 5.72 4.84 5.01 3.64 3.05 2.54 2.12 1.75 1.46 1.22
Total Other Income / (Expense), net
4.82 -11 -29 -18 -8.55 -4.97 -7.31 -13 -17 -11 -6.35
Interest Expense
4.33 12 11 7.63 7.87 6.21 7.31 13 17 11 6.70
Other Income / (Expense), net
9.16 1.05 -18 -10 -0.68 1.24 - - - 0.00 0.35
Income Tax Expense
-9.70 12 0.44 0.17 0.41 -3.71 -0.41 0.30 0.90 0.92 -11
Basic Earnings per Share
($0.27) ($4.34) ($6.20) ($2.94) $0.38 ($1.00) ($2.12) $0.49 $1.15 $3.01 $4.95
Weighted Average Basic Shares Outstanding
10.81M 10.93M 13.79M 18.59M 21.51M 22.87M 22.91M 22.94M 22.96M 22.98M 23.02M
Diluted Earnings per Share
($1.11) ($4.47) ($6.20) ($2.94) $0.38 ($1.00) ($2.12) $0.49 $1.15 $3.01 $4.94
Weighted Average Diluted Shares Outstanding
10.99M 10.93M 13.79M 18.59M 21.53M 22.87M 22.91M 22.95M 22.97M 23.02M 23.07M
Weighted Average Basic & Diluted Shares Outstanding
10.75M - 13.80M 19.10M - 22.89M 22.93M - 22.97M 23.01M 23.05M

Quarterly Income Statements for Power Solutions International

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

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 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
Net Income / (Loss) Attributable to Common Shareholders
7.80 8.37 7.12 22 17 23 19 51 28 16 7.30
Consolidated Net Income / (Loss)
7.80 8.37 7.12 22 17 23 19 51 28 16 7.30
Net Income / (Loss) Continuing Operations
7.80 8.37 7.12 22 17 23 19 51 28 16 7.30
Total Pre-Tax Income
7.95 8.74 7.32 22 18 23 23 31 27 23 9.73
Total Operating Income
12 12 11 25 20 25 25 32 28 24 11
Total Gross Profit
28 28 26 35 36 43 40 54 49 42 29
Total Revenue
116 105 95 111 126 144 135 192 204 191 129
Operating Revenue
116 105 95 111 126 144 135 192 204 191 129
Total Cost of Revenue
88 77 69 75 89 101 95 138 155 149 99
Operating Cost of Revenue
88 77 69 75 89 101 95 138 155 149 99
Total Operating Expenses
16 15 15 9.84 16 18 16 22 20 18 18
Marketing Expense
11 9.34 9.53 4.52 11 12 11 17 15 13 13
Research & Development Expense
4.76 5.43 5.20 4.96 4.65 5.25 4.24 4.62 4.79 4.52 4.81
Amortization Expense
0.44 0.44 0.37 0.37 0.37 0.36 0.31 0.31 0.31 0.30 0.25
Total Other Income / (Expense), net
-4.16 -3.60 -3.35 -2.91 -2.84 -2.35 -1.77 -1.41 -1.62 -1.56 -1.66
Interest Expense
4.16 3.60 3.35 2.91 2.84 2.35 1.77 1.70 1.62 1.62 1.75
Other Income / (Expense), net
- - - 0.00 0.00 - 0.00 0.30 0.00 - 0.09
Income Tax Expense
0.15 0.37 0.20 0.90 0.28 -0.45 3.79 -20 -0.88 6.60 2.43
Basic Earnings per Share
$0.34 $0.37 $0.31 $0.94 $0.75 $1.01 $0.83 $2.23 $1.20 $0.69 $0.32
Weighted Average Basic Shares Outstanding
22.97M 22.96M 22.97M 22.97M 22.99M 22.98M 23.01M 23.01M 23.03M 23.02M 23.05M
Diluted Earnings per Share
$0.34 $0.37 $0.31 $0.94 $0.75 $1.01 $0.83 $2.22 $1.20 $0.69 $0.32
Weighted Average Diluted Shares Outstanding
22.97M 22.97M 22.97M 22.99M 23.04M 23.02M 23.06M 23.07M 23.06M 23.07M 23.06M
Weighted Average Basic & Diluted Shares Outstanding
22.97M 22.97M 22.97M 22.99M 23.00M 23.01M 23.01M 23.03M 23.04M 23.05M 23.05M

Annual Cash Flow Statements for Power Solutions International

This table details how cash moves in and out of Power Solutions International's 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
1.88 -6.15 -2.29 0.05 -0.05 24 -15 18 -1.31 32 -14
Net Cash From Operating Activities
-23 32 -7.70 -6.17 18 -7.59 -61 -8.85 71 62 24
Net Cash From Continuing Operating Activities
-23 32 -7.70 -6.17 18 -7.59 -61 -8.85 71 62 24
Net Income / (Loss) Continuing Operations
-2.89 -47 -48 -55 8.25 -23 -48 11 26 69 114
Consolidated Net Income / (Loss)
-2.89 -47 -48 -55 8.25 -23 -48 11 26 69 114
Depreciation Expense
4.03 4.58 4.63 5.20 5.16 5.15 4.87 4.57 3.85 3.74 4.17
Amortization Expense
5.29 5.72 4.84 5.01 3.64 3.05 5.35 4.30 7.12 1.97 1.86
Non-Cash Adjustments To Reconcile Net Income
6.52 9.93 21 17 3.30 2.70 0.39 1.81 -8.29 -2.49 11
Changes in Operating Assets and Liabilities, net
-36 60 9.93 22 -2.19 4.49 -24 -31 42 -10 -107
Net Cash From Investing Activities
-44 -1.65 -5.17 -10 -3.66 -1.41 0.40 -1.35 -5.02 -4.56 -9.96
Net Cash From Continuing Investing Activities
-44 -1.65 -5.17 -10 -3.66 -1.41 0.40 -1.35 -5.02 -4.56 -9.96
Purchase of Property, Plant & Equipment
-8.41 -3.87 -5.06 -3.65 -3.68 -2.40 -1.97 -1.35 -5.04 -4.56 -9.97
Sale of Property, Plant & Equipment
0.00 2.47 - - - - - 0.00 0.02 0.00 0.01
Net Cash From Financing Activities
69 -37 11 16 -15 33 47 28 -67 -26 -28
Net Cash From Continuing Financing Activities
69 -37 11 16 -15 33 47 28 -67 -26 -28
Repayment of Debt
-80 -371 -485 -500 -560 -147 -4.76 -3.22 -82 -126 -27
Issuance of Debt
149 341 436 516 544 180 51 32 15 100 0.00
Other Financing Activities, net
0.13 -6.35 59 0.00 1.62 - - - 0.00 -0.20 -1.06

Quarterly Cash Flow Statements for Power Solutions International

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

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 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
Net Change in Cash & Equivalents
4.06 -9.01 9.63 -4.24 12 15 -4.83 -0.54 -0.39 -7.78 4.59
Net Cash From Operating Activities
36 8.40 16 1.53 13 33 8.81 17 3.26 -4.62 19
Net Cash From Continuing Operating Activities
36 8.40 16 1.53 13 33 8.81 17 3.26 -4.62 19
Net Income / (Loss) Continuing Operations
7.80 8.37 7.12 22 17 23 19 51 28 16 7.30
Consolidated Net Income / (Loss)
7.80 8.37 7.12 22 17 23 19 51 28 16 7.30
Depreciation Expense
0.95 0.93 0.95 0.95 0.93 0.90 0.98 1.03 1.09 1.08 1.44
Amortization Expense
4.17 1.38 0.61 0.39 4.41 -3.44 0.47 -1.21 0.47 0.45 0.40
Non-Cash Adjustments To Reconcile Net Income
-4.56 -1.93 -3.57 0.32 -2.82 -0.46 6.08 -0.81 9.00 -1.41 7.10
Changes in Operating Assets and Liabilities, net
27 -0.35 11 -22 -7.16 12 -18 -34 -35 -21 2.89
Net Cash From Investing Activities
-1.42 -2.34 -0.82 -0.71 -0.43 -2.60 -3.40 -2.03 -1.53 -3.01 -14
Net Cash From Continuing Investing Activities
-1.42 -2.34 -0.82 -0.71 -0.43 -2.60 -3.40 -2.03 -1.53 -3.01 -14
Purchase of Property, Plant & Equipment
-1.42 -2.36 -0.82 -0.71 -0.43 -2.60 -3.40 -2.04 -1.53 -3.01 -1.89
Acquisitions
- - - - - - 0.00 - - - -12
Net Cash From Financing Activities
-30 -15 -5.18 -5.06 -0.46 -15 -10 -15 -2.12 -0.16 -0.74
Net Cash From Continuing Financing Activities
-30 -15 -5.18 -5.06 -0.46 -15 -10 -15 -2.12 -0.16 -0.74
Repayment of Debt
-30 -30 -5.18 -5.04 -100 -15 -10 -15 -1.29 -0.13 -0.18
Other Financing Activities, net
- - 0.00 - -0.00 -0.18 -0.14 -0.06 -0.83 -0.02 -0.56

Annual Balance Sheets for Power Solutions International

This table presents Power Solutions International's 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
354 265 247 290 314 284 301 320 284 328 425
Total Current Assets
249 184 171 216 223 203 230 255 205 254 291
Cash & Equivalents
8.45 2.29 0.00 0.05 0.00 21 6.26 24 23 55 41
Restricted Cash
- - - - 0.00 3.30 3.48 3.60 3.84 3.24 3.70
Accounts Receivable
71 60 69 86 105 60 65 90 67 69 90
Inventories, net
162 101 87 106 109 108 142 121 85 94 127
Prepaid Expenses
2.70 14 14 23 8.11 6.35 8.92 16 8.52 6.40 4.50
Current Deferred & Refundable Income Taxes
5.27 7.13 1.02 0.97 1.06 3.71 4.28 0.56 0.55 0.99 6.44
Other Current Assets
- - - - - - - - 18 26 17
Plant, Property, & Equipment, net
23 20 19 24 0.00 0.00 17 14 15 15 23
Total Noncurrent Assets
82 61 57 50 91 81 53 51 64 58 111
Goodwill
30 30 30 30 30 30 30 30 30 30 30
Intangible Assets
32 26 21 17 13 10 7.78 5.66 3.91 2.45 1.24
Noncurrent Deferred & Refundable Income Taxes
18 0.00 - - - - - - - 0.00 13
Other Noncurrent Operating Assets
2.75 4.68 5.97 2.74 48 41 15 15 30 26 66
Total Liabilities & Shareholders' Equity
354 265 247 290 314 284 301 320 284 328 425
Total Liabilities
269 224 215 308 285 278 343 350 288 263 246
Total Current Liabilities
106 100 123 221 182 239 283 319 248 228 92
Short-Term Debt
8.28 14 37 55 40 130 155 206 145 120 0.03
Accounts Payable
80 54 51 85 76 32 93 76 67 58 48
Accrued Expenses
18 33 34 46 66 78 31 34 32 45 37
Other Current Liabilities
- - - 35 - - 4.13 2.98 3.99 4.58 6.70
Total Noncurrent Liabilities
163 124 92 88 104 38 59 31 40 35 154
Long-Term Debt
151 110 54 55 56 0.78 25 5.03 0.09 0.04 95
Noncurrent Deferred Revenue
- - - 15 18 3.18 3.33 3.20 2.40 1.88 1.70
Other Noncurrent Operating Liabilities
12 13 37 17 29 34 30 22 36 32 57
Commitments & Contingencies
- - - - - - - 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
85 41 32 -19 28 6.10 -42 -30 -3.92 65 179
Total Preferred & Common Equity
85 41 32 -19 28 6.10 -42 -30 -3.92 65 179
Total Common Equity
85 41 32 -19 28 6.10 -42 -30 -3.92 65 179
Common Stock
83 87 124 126 157 157 157 158 158 158 158
Retained Earnings
13 -35 -82 -135 -127 -150 -198 -187 -161 -92 22
Treasury Stock
-11 -12 -9.54 -9.85 -1.34 -1.29 -1.12 -0.97 -0.92 -0.82 -1.49

Quarterly Balance Sheets for Power Solutions International

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

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 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
Total Assets
312 328 318 305 287 308 339 373 438 459 431
Total Current Assets
248 265 242 226 209 232 265 278 310 319 275
Cash & Equivalents
16 27 28 32 33 29 40 50 49 49 45
Restricted Cash
3.57 3.72 3.76 3.81 3.17 3.19 3.22 3.64 3.66 3.68 4.45
Accounts Receivable
83 83 78 71 49 64 77 82 82 88 74
Inventories, net
127 132 113 94 89 93 105 117 149 152 129
Prepaid Expenses
18 19 19 24 34 42 16 6.36 4.22 5.04 4.29
Current Deferred & Refundable Income Taxes
0.57 0.56 0.56 0.56 0.41 0.29 0.67 0.00 0.00 6.35 5.35
Other Current Assets
- - - - - - 23 20 22 15 13
Plant, Property, & Equipment, net
14 13 14 14 15 15 14 20 21 21 32
Total Noncurrent Assets
49 49 62 65 63 61 60 75 106 119 124
Goodwill
30 30 30 30 30 30 30 30 30 30 35
Intangible Assets
6.19 5.22 4.79 4.35 3.55 3.18 2.82 2.15 1.84 1.53 1.61
Noncurrent Deferred & Refundable Income Taxes
- - - - - - - - 25 20 12
Other Noncurrent Operating Assets
13 14 27 31 29 28 27 43 49 68 75
Total Liabilities & Shareholders' Equity
312 328 318 305 287 308 339 373 438 459 431
Total Liabilities
351 354 338 318 284 283 297 288 302 296 245
Total Current Liabilities
327 327 298 276 246 244 259 240 247 140 80
Short-Term Debt
211 210 190 160 140 135 135 110 95 0.04 1.80
Accounts Payable
73 80 72 76 73 67 77 66 90 84 43
Accrued Expenses
43 35 33 37 29 38 43 58 56 50 28
Other Current Liabilities
- 2.52 2.84 3.75 4.20 4.32 4.45 5.19 5.90 6.27 7.72
Total Noncurrent Liabilities
24 27 40 42 38 39 38 49 55 157 165
Long-Term Debt
0.46 0.20 0.16 0.13 0.08 0.06 0.05 0.02 0.02 95 100
Noncurrent Deferred Revenue
3.41 3.06 2.84 2.61 2.19 2.04 1.95 1.83 1.77 - 1.67
Other Noncurrent Operating Liabilities
19 23 35 37 34 35 34 45 53 62 63
Commitments & Contingencies
- - - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
-40 -27 -20 -12 3.22 25 42 84 136 162 186
Total Preferred & Common Equity
-40 -27 -20 -12 3.22 25 42 84 136 162 186
Total Common Equity
-40 -27 -20 -12 3.22 25 42 84 136 162 186
Common Stock
158 158 158 158 158 158 158 158 158 158 158
Retained Earnings
-196 -183 -177 -169 -154 -132 -115 -72 -21 6.40 30
Treasury Stock
-0.97 -0.97 -1.02 -1.02 -0.92 -0.86 -0.86 -0.90 -0.93 -1.59 -1.90

Annual Metrics And Ratios for Power Solutions International

This table displays calculated financial ratios and metrics derived from Power Solutions International's 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
DEI Shares Outstanding
- - - - - - - - - - 23,040,930.00
DEI Adjusted Shares Outstanding
- - - - - - - - - - 23,040,930.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - - 4.95
Growth Metrics
- - - - - - - - - - -
Profitability Metrics
- - - - - - - - - - -
Net Operating Profit after Tax (NOPAT)
-12 -18 -13 -26 16 -15 -29 24 43 81 121
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - - 30.33% 43.47% 44.21%
Earnings before Interest and Taxes (EBIT)
-8.26 -24 -36 -47 17 -20 -42 25 44 82 110
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
1.06 -14 -27 -37 25 -12 -31 33 55 87 116
Valuation Ratios
- - - - - - - - - - -
Leverage & Solvency
- - - - - - - - - - -
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-86 56 26 6.79 -16 -4.25 -45 0.18 81 68 19
Efficiency Ratios
- - - - - - - - - - -
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
236 162 124 91 124 113 129 153 115 127 229
Increase / (Decrease) in Invested Capital
74 -73 -39 -32 33 -11 16 24 -38 12 102
Book Value per Share
$7.89 $3.74 $2.96 ($1.71) $1.25 $0.27 ($1.83) ($1.32) ($0.17) $2.84 $7.75
Tangible Book Value per Share
$2.17 ($1.40) ($1.76) ($6.01) ($0.64) ($1.49) ($3.47) ($2.87) ($1.64) $1.43 $6.40
Total Capital
244 165 124 91 124 137 138 180 141 185 274
Total Debt
159 124 91 110 95 131 180 211 145 120 95
Total Long-Term Debt
151 110 54 55 56 0.78 25 5.03 0.09 0.04 95
Net Debt
151 122 91 110 95 107 171 183 118 62 50
Capital Expenditures (CapEx)
8.41 1.41 5.06 3.65 3.68 2.40 1.97 1.35 5.02 4.56 9.96
Debt-free, Cash-free Net Working Capital (DFCFNWC)
143 96 85 50 81 69 92 114 75 88 154
Debt-free Net Working Capital (DFNWC)
151 98 85 50 81 94 102 142 102 147 199
Net Working Capital (NWC)
143 84 48 -4.68 41 -37 -53 -64 -43 27 199
Net Nonoperating Expense (NNE)
-9.30 30 35 29 8.14 7.78 19 13 17 11 7.00
Net Nonoperating Obligations (NNO)
151 122 91 110 95 107 171 183 118 62 50
Total Depreciation and Amortization (D&A)
9.32 10 9.47 10 8.80 8.20 10 8.87 11 5.71 6.03
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.00 ($4.34) ($6.20) ($2.94) $0.38 ($1.00) ($2.12) $0.49 $1.15 $3.01 $4.95
Adjusted Weighted Average Basic Shares Outstanding
10.75M 10.93M 13.79M 18.59M 21.51M 22.87M 22.91M 22.94M 22.96M 22.98M 23.02M
Adjusted Diluted Earnings per Share
$0.00 ($4.47) ($6.20) ($2.94) $0.38 ($1.00) ($2.12) $0.49 $1.15 $3.01 $4.94
Adjusted Weighted Average Diluted Shares Outstanding
10.75M 10.93M 13.79M 18.59M 21.53M 22.87M 22.91M 22.95M 22.97M 23.02M 23.07M
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
10.75M 0.00 13.80M 19.10M 0.00 22.89M 22.93M 0.00 22.97M 23.01M 23.05M
Normalized Net Operating Profit after Tax (NOPAT)
-4.03 -17 -13 -24 16 -15 -29 24 43 81 77
Debt Service Ratios
- - - - - - - - - - -
Payout Ratios
- - - - - - - - - - -

Quarterly Metrics And Ratios for Power Solutions International

This table displays calculated financial ratios and metrics derived from Power Solutions International's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 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
DEI Shares Outstanding
- - - - - - - - - 23,040,930.00 23,050,450.00
DEI Adjusted Shares Outstanding
- - - - - - - - - 23,040,930.00 23,050,450.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - 0.70 0.32
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-7.22% -23.54% -18.23% -9.26% 8.59% 37.75% 42.22% 73.54% 61.97% - -5.06%
EBITDA Growth
84.66% -8.01% 17.31% 106.08% 49.62% 54.72% 127.15% 22.10% 37.09% - -48.92%
EBIT Growth
67.71% -11.31% 25.08% 124.18% 68.85% 104.21% 131.04% 29.33% 38.66% - -53.41%
NOPAT Growth
85.87% -12.41% 26.06% 123.39% 69.46% 117.42% 98.24% 119.98% 45.49% - -58.43%
Net Income Growth
144.20% -10.18% 91.06% 235.67% 122.41% 178.22% 168.19% 137.75% 59.29% - -61.74%
EPS Growth
142.86% -7.50% 93.75% 235.71% 120.59% 172.97% 167.74% 136.17% 60.00% - -61.45%
Operating Cash Flow Growth
184.66% -5.27% 212.54% -92.89% -64.62% 288.93% -43.63% 986.25% -74.11% - 117.12%
Free Cash Flow Firm Growth
263.00% 583.94% 4,307.18% 5.85% -102.43% -73.13% -123.45% -89.48% -3,253.23% - -572.87%
Invested Capital Growth
-26.14% -24.89% -30.02% -7.72% 19.06% 10.75% 31.54% 39.02% 53.33% - 69.15%
Revenue Q/Q Growth
-4.91% -9.60% -9.08% 16.11% 13.80% 14.67% -6.14% 41.69% 6.21% - -32.75%
EBITDA Q/Q Growth
33.08% -15.06% -12.38% 118.37% -3.38% -12.16% 22.57% 17.38% -8.21% - -48.31%
EBIT Q/Q Growth
7.14% 1.83% -13.56% 137.70% -19.31% 23.16% -2.20% 33.06% -13.49% - -52.65%
NOPAT Q/Q Growth
9.06% -0.55% -12.22% 134.67% -17.28% 27.60% -19.97% 160.40% -45.29% - -50.27%
Net Income Q/Q Growth
21.47% 7.38% -14.99% 202.74% -19.51% 34.32% -18.06% 168.38% -46.08% - -54.59%
EPS Q/Q Growth
21.43% 8.82% -16.22% 203.23% -20.21% 34.67% -17.82% 167.47% -45.95% - -53.62%
Operating Cash Flow Q/Q Growth
64.76% -76.38% 86.18% -90.19% 719.75% 159.65% -73.01% 89.12% -80.46% - 514.34%
Free Cash Flow Firm Q/Q Growth
55.85% -3.48% 13.05% -37.75% -103.57% 1,169.35% -198.67% 127.91% -1,238.54% - -4.87%
Invested Capital Q/Q Growth
-18.97% 2.10% -6.57% 19.38% 4.54% -5.02% 10.97% 26.17% 15.31% - 4.11%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
24.08% 26.29% 27.04% 31.82% 28.94% 29.92% 29.75% 28.18% 23.90% - 22.88%
EBITDA Margin
14.87% 13.98% 12.83% 24.14% 20.49% 15.70% 20.50% 16.98% 14.68% - 10.36%
Operating Margin
10.45% 11.77% 11.19% 22.92% 16.25% 17.45% 18.19% 16.93% 13.91% - 8.86%
EBIT Margin
10.45% 11.77% 11.19% 22.92% 16.25% 17.45% 18.19% 17.08% 13.91% - 8.93%
Profit (Net Income) Margin
6.73% 7.99% 7.47% 19.48% 13.78% 16.14% 14.09% 26.69% 13.55% - 5.68%
Tax Burden Percent
98.08% 95.78% 97.25% 96.01% 98.43% 101.98% 83.44% 164.79% 103.28% - 75.00%
Interest Burden Percent
65.62% 70.85% 68.62% 88.52% 86.13% 90.67% 92.83% 94.81% 94.30% - 84.80%
Effective Tax Rate
1.93% 4.22% 2.75% 3.99% 1.57% -1.98% 16.56% -64.79% -3.28% - 25.00%
Return on Invested Capital (ROIC)
38.14% 38.76% 36.67% 70.50% 56.82% 70.19% 63.23% 109.16% 57.37% - 25.10%
ROIC Less NNEP Spread (ROIC-NNEP)
35.56% 36.48% 34.37% 68.37% 54.23% 67.53% 61.39% 105.96% 54.87% - 22.81%
Return on Net Nonoperating Assets (RNNOA)
-215.88% -320.58% -416.93% 3,853.85% 392.93% 198.25% 112.32% 95.74% 35.89% - 9.18%
Return on Equity (ROE)
-177.74% -281.81% -380.26% 3,924.35% 449.75% 268.44% 175.55% 204.89% 93.26% - 34.28%
Cash Return on Invested Capital (CROIC)
63.78% 60.50% 69.91% 51.87% 36.85% 56.56% 45.88% 46.44% 34.48% - 6.31%
Operating Return on Assets (OROA)
16.64% 17.89% 15.95% 31.27% 22.01% 27.13% 28.47% 27.39% 23.55% - 15.90%
Return on Assets (ROA)
10.71% 12.14% 10.64% 26.58% 18.65% 25.08% 22.05% 42.79% 22.93% - 10.11%
Return on Common Equity (ROCE)
-177.74% -281.81% -380.26% 3,924.35% 449.75% 268.44% 175.55% 204.89% 93.26% - 34.28%
Return on Equity Simple (ROE_SIMPLE)
-221.51% 0.00% 921.12% 180.98% 129.11% 0.00% 96.33% 0.00% 0.00% - 0.00%
Net Operating Profit after Tax (NOPAT)
12 12 10 24 20 26 21 54 29 17 8.55
NOPAT Margin
10.25% 11.28% 10.89% 22.00% 16.00% 17.80% 15.18% 27.89% 14.37% - 6.65%
Net Nonoperating Expense Percent (NNEP)
2.58% 2.29% 2.30% 2.14% 2.59% 2.66% 1.84% 3.20% 2.50% - 2.29%
Return On Investment Capital (ROIC_SIMPLE)
- 8.37% - - - 13.86% 10.57% 23.20% 11.37% 6.28% 2.97%
Cost of Revenue to Revenue
75.92% 73.71% 72.96% 68.18% 71.06% 70.08% 70.25% 71.82% 76.10% - 77.12%
SG&A Expenses to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
R&D to Revenue
4.11% 5.18% 5.46% 4.48% 3.70% 3.64% 3.13% 2.40% 2.35% - 3.74%
Operating Expenses to Revenue
13.63% 14.51% 15.85% 8.90% 12.69% 12.46% 11.56% 11.26% 9.99% - 14.02%
Earnings before Interest and Taxes (EBIT)
12 12 11 25 20 25 25 33 28 24 11
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
17 15 12 27 26 23 28 33 30 26 13
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.00 0.00 16.32 5.91 11.25 10.40 6.91 11.00 13.94 - 7.56
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 0.00 50.10 20.59 11.13 14.35 17.28 - 9.41
Price to Revenue (P/Rev)
0.15 0.10 0.12 0.34 1.09 1.43 1.13 2.50 3.35 - 1.96
Price to Earnings (P/E)
2.76 1.79 1.77 3.27 8.71 9.80 7.18 13.45 18.69 - 13.74
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Earnings Yield
36.22% 55.86% 56.45% 30.63% 11.48% 10.21% 13.94% 7.43% 5.35% - 7.28%
Enterprise Value to Invested Capital (EV/IC)
1.78 1.45 1.46 1.95 4.23 5.84 4.54 8.64 11.27 - 6.12
Enterprise Value to Revenue (EV/Rev)
0.41 0.36 0.36 0.58 1.29 1.56 1.24 2.57 3.42 - 2.04
Enterprise Value to EBITDA (EV/EBITDA)
3.53 3.00 2.96 3.74 7.52 8.48 6.21 14.14 19.79 - 14.09
Enterprise Value to EBIT (EV/EBIT)
4.36 3.74 3.37 4.12 8.21 9.07 6.69 14.93 20.85 - 15.03
Enterprise Value to NOPAT (EV/NOPAT)
4.49 3.87 3.48 4.27 8.48 9.19 7.06 12.70 17.81 - 13.33
Enterprise Value to Operating Cash Flow (EV/OCF)
2.81 2.35 1.93 4.08 14.82 11.87 11.51 21.70 37.59 - 42.30
Enterprise Value to Free Cash Flow (EV/FCFF)
2.37 2.05 1.72 3.61 12.48 10.85 11.25 21.64 39.56 - 121.93
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
-13.01 -37.03 43.43 5.45 3.21 1.84 1.31 0.70 0.59 - 0.55
Long-Term Debt to Equity
-0.01 -0.02 0.02 0.00 0.00 0.00 0.00 0.00 0.58 - 0.54
Financial Leverage
-6.07 -8.79 -12.13 56.37 7.25 2.94 1.83 0.90 0.65 - 0.40
Leverage Ratio
-11.85 -17.62 -26.32 134.73 21.63 9.99 7.53 4.65 3.90 - 2.97
Compound Leverage Factor
-7.78 -12.49 -18.06 119.27 18.63 9.05 6.99 4.40 3.68 - 2.52
Debt to Total Capital
108.33% 102.78% 97.75% 84.50% 76.24% 64.79% 56.62% 41.20% 36.91% - 35.41%
Short-Term Debt to Total Capital
108.24% 102.71% 97.70% 84.46% 76.21% 64.77% 56.61% 41.20% 0.01% - 0.63%
Long-Term Debt to Total Capital
0.09% 0.06% 0.05% 0.04% 0.03% 0.02% 0.01% 0.01% 36.90% - 34.78%
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%
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%
Common Equity to Total Capital
-8.33% -2.78% 2.25% 15.50% 23.76% 35.21% 43.38% 58.80% 63.09% - 64.59%
Debt to EBITDA
2.83 2.63 2.65 2.03 1.80 1.37 1.07 0.88 0.82 - 0.99
Net Debt to EBITDA
2.20 2.14 1.96 1.55 1.22 0.71 0.55 0.39 0.36 - 0.51
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.81 - 0.97
Debt to NOPAT
3.60 3.39 3.11 2.31 2.03 1.49 1.22 0.79 0.73 - 0.93
Net Debt to NOPAT
2.80 2.77 2.31 1.77 1.37 0.76 0.62 0.35 0.33 - 0.48
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.73 - 0.92
Altman Z-Score
0.91 0.88 0.86 1.32 1.99 2.96 2.67 4.68 6.75 - 5.83
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
0.82 0.83 0.85 0.95 1.02 1.12 1.16 1.26 2.28 - 3.42
Quick Ratio
0.37 0.36 0.34 0.38 0.46 0.55 0.55 0.53 0.98 - 1.48
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
52 50 56 35 -1.25 13 -13 3.68 -42 -85 -89
Operating Cash Flow to CapEx
2,496.00% 356.02% 1,917.79% 215.45% 2,924.42% 1,254.84% 258.92% 818.42% 212.95% - 1,012.17%
Free Cash Flow to Firm to Interest Expense
12.39 13.85 16.82 12.04 -0.44 5.69 -7.47 2.17 -25.93 - -50.88
Operating Cash Flow to Interest Expense
8.54 2.34 4.67 0.53 4.43 13.89 4.99 9.80 2.01 - 10.96
Operating Cash Flow Less CapEx to Interest Expense
8.19 1.68 4.43 0.28 4.28 12.78 3.06 8.60 1.07 - 9.88
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
1.59 1.52 1.42 1.36 1.35 1.55 1.57 1.60 1.69 - 1.78
Accounts Receivable Turnover
6.37 5.85 6.61 5.99 5.86 7.00 7.89 8.16 8.16 - 9.21
Inventory Turnover
3.46 3.44 2.98 3.00 3.13 3.75 3.51 3.49 3.81 - 4.40
Fixed Asset Turnover
34.69 31.90 31.07 29.99 31.13 31.38 29.84 33.54 38.38 - 27.54
Accounts Payable Turnover
5.16 4.91 4.32 4.47 4.10 5.34 5.19 5.41 6.11 - 9.96
Days Sales Outstanding (DSO)
57.27 62.38 55.19 60.96 62.27 52.12 46.28 44.70 44.70 - 39.61
Days Inventory Outstanding (DIO)
105.46 106.21 122.41 121.63 116.74 97.29 103.90 104.46 95.91 - 82.92
Days Payable Outstanding (DPO)
70.74 74.31 84.45 81.60 89.12 68.32 70.26 67.46 59.76 - 36.65
Cash Conversion Cycle (CCC)
92.00 94.28 93.14 101.00 89.89 81.10 79.93 81.71 80.86 - 85.88
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
112 115 107 128 134 127 141 178 205 229 238
Invested Capital Turnover
3.72 3.44 3.37 3.20 3.55 3.94 4.17 3.91 3.99 - 3.78
Increase / (Decrease) in Invested Capital
-40 -38 -46 -11 21 12 34 50 71 102 97
Enterprise Value (EV)
200 166 156 249 565 740 639 1,534 2,307 - 1,456
Market Capitalization
75 47 53 146 474 679 583 1,492 2,265 - 1,404
Book Value per Share
($0.54) ($0.17) $0.14 $1.08 $1.83 $2.84 $3.67 $5.90 $7.05 $7.75 $8.06
Tangible Book Value per Share
($2.02) ($1.64) ($1.31) ($0.36) $0.41 $1.43 $2.28 $4.52 $5.69 $6.40 $6.47
Total Capital
148 141 143 160 177 185 194 231 258 274 288
Total Debt
160 145 140 135 135 120 110 95 95 95 102
Total Long-Term Debt
0.13 0.09 0.08 0.06 0.05 0.04 0.02 0.02 95 95 100
Net Debt
124 118 104 103 91 62 56 42 42 50 52
Capital Expenditures (CapEx)
1.42 2.36 0.82 0.71 0.43 2.60 3.40 2.04 1.53 3.01 1.89
Debt-free, Cash-free Net Working Capital (DFCFNWC)
74 75 67 91 97 88 95 105 127 154 147
Debt-free Net Working Capital (DFNWC)
110 102 103 123 141 147 149 158 179 199 196
Net Working Capital (NWC)
-50 -43 -37 -12 5.95 27 39 63 179 199 194
Net Nonoperating Expense (NNE)
4.08 3.44 3.25 2.79 2.79 2.40 1.47 2.32 1.67 1.11 1.25
Net Nonoperating Obligations (NNO)
124 118 104 103 91 62 56 42 42 50 52
Total Depreciation and Amortization (D&A)
5.12 2.31 1.56 1.35 5.34 -2.53 3.13 -0.19 1.56 1.53 1.84
Debt-free, Cash-free Net Working Capital to Revenue
15.15% 16.44% 15.31% 21.26% 22.31% 18.56% 18.43% 17.63% 18.74% - 20.51%
Debt-free Net Working Capital to Revenue
22.40% 22.23% 23.59% 28.77% 32.31% 30.85% 28.83% 26.52% 26.55% - 27.43%
Net Working Capital to Revenue
-10.16% -9.35% -8.38% -2.87% 1.36% 5.62% 7.50% 10.62% 26.54% - 27.18%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.34 $0.37 $0.31 $0.94 $0.75 $1.01 $0.83 $2.23 $1.20 $0.69 $0.32
Adjusted Weighted Average Basic Shares Outstanding
22.97M 22.96M 22.97M 22.97M 22.99M 22.98M 23.01M 23.01M 23.03M 23.02M 23.05M
Adjusted Diluted Earnings per Share
$0.34 $0.37 $0.31 $0.94 $0.75 $1.01 $0.83 $2.22 $1.20 $0.69 $0.32
Adjusted Weighted Average Diluted Shares Outstanding
22.97M 22.97M 22.97M 22.99M 23.04M 23.02M 23.06M 23.07M 23.06M 23.07M 23.06M
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
22.97M 22.97M 22.97M 22.99M 23.00M 23.01M 23.01M 23.03M 23.04M 23.05M 23.05M
Normalized Net Operating Profit after Tax (NOPAT)
12 12 10 24 20 18 21 23 20 17 8.55
Normalized NOPAT Margin
10.25% 11.28% 10.89% 22.00% 16.00% 12.22% 15.18% 11.85% 9.74% - 6.65%
Pre Tax Income Margin
6.86% 8.34% 7.68% 20.29% 14.00% 15.83% 16.88% 16.19% 13.12% - 7.57%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
2.91 3.43 3.19 8.71 7.21 10.71 13.95 19.28 17.54 - 6.58
NOPAT to Interest Expense
2.85 3.29 3.10 8.36 7.10 10.92 11.64 31.49 18.11 - 4.90
EBIT Less CapEx to Interest Expense
2.57 2.78 2.94 8.47 7.06 9.61 12.02 18.08 16.59 - 5.49
NOPAT Less CapEx to Interest Expense
2.51 2.63 2.86 8.12 6.94 9.82 9.71 30.29 17.17 - 3.81
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%

Financials Breakdown Chart

Key Financial Trends

Power Solutions International (PSIX) has shown some growth in revenue and profitability in 2025, along with a steadily expanding balance sheet. At the same time, the company faces margin pressures and rising leverage, which investors should monitor. The following are the most notable trends from the last four years of quarterly data.

  • Revenue growth in 2025: Q4 2025 revenue was $191.223M, up from $144.299M in Q4 2024 (Q3 2025 revenue reached $203.829M), signaling stronger demand and scale.
  • Consistent quarterly profitability in 2025: Net income attributable to common shareholders was positive in multiple quarters, with Q2 2025 at $51.212M, plus positive results in Q1 2025 ($19.082M) and Q3 2025 ($27.616M) and Q4 2025 ($16.077M).
  • Operating cash flow was positive in the first three 2025 quarters: Q1 2025 $8.811M, Q2 2025 $16.663M, Q3 2025 $3.256M, indicating cash generation from core operations before seasonal effects; Q4 2025 dipped negative (-$4.617M).
  • Asset base has expanded meaningfully: Total assets grew to about $458.95M by Q3 2025, up from roughly $372.7M at the start of 2025, reflecting investment in PPE and intangibles.
  • Liquidity remains modest but steady: Cash & cash equivalents hovered around $49–50M through 2025, providing a modest liquidity buffer without a large cash cushion.
  • Ongoing investments in growth: Marketing expense around $12.76M and RD expense around $4.52M in Q4 2025 show continued investment in demand generation and product development.
  • Gross margin compression: Q4 2025 gross margin was about 21.9% (Gross Profit of $41.811M on $191.223M revenue) versus roughly 30% in Q4 2024, indicating pricing/mix pressures or higher input costs.
  • Rising leverage: Long-term debt stood at about $95.0M by Q3 2025, up from near-zero levels earlier, increasing financial leverage and interest burden.
  • Quarterly cash flow stress in Q4 2025: Net cash from continuing operating activities was negative (-$4.617M) and net change in cash fell (-$7.778M), signaling near-term liquidity pressure despite prior positives.
05/21/26 03:30 PM ETAI Generated. May Contain Errors.

Power Solutions International Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Power Solutions International's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Power Solutions International's net income appears to be on an upward trend, with a most recent value of $113.99 million in 2025, falling from -$2.89 million in 2015. The previous period was $69.28 million in 2024. See where experts think Power Solutions International is headed by visiting Power Solutions International's forecast page.

Power Solutions International's total operating income in 2025 was $109.71 million, based on the following breakdown:
  • Total Gross Profit: $184.90 million
  • Total Operating Expenses: $75.19 million

Over the last 10 years, Power Solutions International's total revenue changed from $362.39 million in 2015 to $722.41 million in 2025, a change of 99.3%.

Power Solutions International's total liabilities were at $246.14 million at the end of 2025, a 6.4% decrease from 2024, and a 8.5% decrease since 2015.

In the past 10 years, Power Solutions International's cash and equivalents has ranged from $0.00 in 2017 to $55.25 million in 2024, and is currently $41.25 million as of their latest financial filing in 2025.

Over the last 10 years, Power Solutions International's book value per share changed from 7.89 in 2015 to 7.75 in 2025, a change of -1.8%.



Financial statements for NASDAQ:PSIX last updated on 5/12/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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