Power Integrations, Inc.
NASDAQ•POWI
CEO: Mr. Balu Balakrishnan
Sector: Technology
Industry: Semiconductors
Listing Date: 1997-12-12
Power Integrations, Inc. designs, develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs), and other electronic components and circuitry used in high-voltage power conversion worldwide. The company provides a range of alternating current to direct current power conversion products that address power supply ranging from less than one watt of output to approximately 500 watts of output for mobile-device chargers, consumer appliances, utility meters, LCD monitors, main and standby power supplies for desktop computers and TVs, LED lighting, and various other consumer and industrial applications, as well as power conversion in high-power applications comprising industrial motors, solar and wind-power systems, electric vehicles, and high-voltage DC transmission systems. It also offers high-voltage diodes; InnoSwitch IC for electric vehicles; high-voltage gate-driver products used to operate high-voltage switches, such as insulated-gate bipolar transistors and silicon-carbide MOSFETs under the SCALE and SCALE-2 product-family names; and SCALE-iDriver for use in powertrain and charging applications for electric vehicles. In addition, the company provides motor-driver ICs for use in refrigerator compressors, ceiling fans, and air purifiers, as well as pumps, fans, and blowers used in consumer appliances, such as dishwashers and laundry machines. It serves communications, computer, consumer, and industrial markets. The company sells its products to original equipment manufacturers and merchant power supply manufacturers through direct sales staff, as well as a network of independent sales representatives and distributors. Power Integrations, Inc. was incorporated in 1988 and is headquartered in San Jose, California.
Contact Information
Market Cap
$2.60B
P/E (TTM)
117.3
48.2
Dividend Yield
1.8%
52W High
$60.12
52W Low
$30.86
52W Range
Rank33Top 25.7%
4.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$103.20M+0.00%
4-Quarter Trend
EPS
$0.24+0.00%
4-Quarter Trend
FCF
$19.16M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Net Revenue Growth Net Revenue reached $443.5M in 2025, reflecting a 5.8% increase compared to $419.0M reported in 2024.
Gross Margin Improvement Gross margin improved to 54.5% in 2025 from 53.6% in 2024, driven by efficiencies and favorable end-market mix.
Strong Operating Cash Flow Operating cash flow generated $111.5M in 2025, a substantial increase from $81.2M generated during the prior fiscal year.
Strategic Tech Expansion Continued expansion of Served Available Market through proprietary PowiGaN technology and recent acquisition efforts.
Risk Factors
Cyclical Demand Risk Operating results are volatile; failure to meet analyst expectations due to cyclical demand or market fluctuations may cause stock price decline.
Global Trade Policy Exposure Escalating global trade disputes, tariffs, and export controls could materially reduce demand for end products and pressure selling prices.
Supply Chain Dependency Critical reliance on three main wafer foundries; disruption or early termination of supply agreements could severely harm production.
Patent Litigation Uncertainty Defending patent litigation requires management focus and could result in significant monetary losses or operational restrictions if adverse rulings occur.
Outlook
Higher-Power GaN Development Developing higher-power GaN transistors, accelerating efforts via the July 2024 acquisition of Odyssey Semiconductor assets.
Market Penetration Strategy Growth strategy centers on increasing penetration in current AC-DC and gate-driver markets while expanding addressable market scope.
Workforce Cost Reduction Workforce reduction approved in January 2026, estimating $3.5M to $4.0M in costs to create a more efficient organization.
Energy Efficiency Alignment Capitalizing on global carbon reduction trends by providing energy-saving ICs meeting stringent efficiency standards for customers.
Peer Comparison
Revenue (TTM)
$3.07B
$1.48B
$1.24B
Gross Margin (Latest Quarter)
77.5%
55.3%
52.9%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| AAOI | $9.55B | -233.7 | -7.5% | 14.3% |
| FORM | $7.15B | 131.0 | 5.4% | 3.7% |
| VIAV | $6.96B | -161.2 | -5.4% | 47.9% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-0.7%
Flat Growth
4Q Net Income CAGR
14.8%
Profitability Improving
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:Apr 23, 2026
EPS:$0.23
|Revenue:$106.64M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data