Power Solutions International, Inc. designs, engineers and manufactures emission-certified engines and power systems for OEMs and end-user customers in power systems, industrial and transportation end markets. Company news commonly covers quarterly results, demand for power generation products used in data centers and oil and gas, manufacturing capacity, margin and supply-chain execution, and fuel-agnostic engine platforms using natural gas, propane, gasoline, diesel and biofuels.
Updates also include strategic actions such as the completed acquisition of MTL Manufacturing & Equipment Inc., industrial engine distribution and development partnerships, credit-facility changes, Nasdaq-listed common stock matters and appointments affecting legal, board and corporate-secretary functions.
Power Solutions International (Nasdaq: PSIX) introduced a refreshed corporate logo as part of the rollout of its Power Boost 2030 vision and strategy. The company describes the identity change as the start of PSI 2.0, reflecting its increased focus on the data center power market while building on its industrial and oil and gas expertise.
PSI continues to evolve its product portfolio and capabilities for these markets, including engine technologies, integrated power systems and custom-engineered enclosures.
Power Solutions International (Nasdaq: PSIX) plans to discuss third-quarter 2026 results and its business outlook on November 5, 2026. The conference call is scheduled for 5:00 p.m. Eastern time. The earnings release will be issued after market close that day, before the call, and will also be available on the company’s website. A replay will be available afterward in the website’s Investors section.
Power Solutions International (PSIX) entered into a $220.0 million committed revolving credit facility, replacing its prior financing arrangement.
The three-year facility increases committed borrowing capacity from $135.0 million to $220.0 million and matures on September 25, 2029. The prior Standard Chartered Bank facility was repaid in full and terminated at closing. Borrowings carry, at the company’s option, the applicable Term Secured Overnight Financing Rate (SOFR), a benchmark interest rate, plus 1.80% per annum, or an alternate base rate plus an applicable margin. The prior facility’s SOFR spread was 2.60% per annum.
Lenders are HSBC Bank USA, also administrative agent; Australia and New Zealand Banking Group; Bank of China, Chicago Branch; and BNP Paribas. PSI said the increased capacity provides flexibility to support continued growth.
Power Solutions International (Nasdaq: PSIX) reported second quarter 2026 net sales of $152.5 million, down 21% year over year, with net income of $16.9 million and diluted EPS of $0.73. Gross profit was $41.4 million, with gross margin of 27.1%, versus 28.2% a year earlier but approximately 420 basis points higher than the first quarter of 2026.
Operating expenses fell 19% to $17.4 million, including a 27% reduction in SG&A. Adjusted EBITDA was $26.8 million. Cash reached $70.1 million and total debt declined to $72.6 million, a reduction of about $30.8 million during the quarter. The January 2026 acquisition of MTL Manufacturing & Equipment contributed positively to net income and expanded in-house component manufacturing. The company expects second-half 2026 sales to exceed first-half levels and be approximately in line with second-half 2025, while noting ongoing softness in oil and gas and continued ramp-up costs at its Wisconsin operations.
Power Solutions International (Nasdaq: PSIX) appointed Richard Hu as Chief Executive Officer, effective August 17, 2026, reporting to the Board of Directors. He succeeds Xun (Kenneth) Li, who has served as Interim CEO since May 2026 and will continue as Chief Financial Officer.
According to Power Solutions International, Hu was selected after a months‑long global search led by Spencer Stuart, which evaluated candidates across power generation, industrial equipment, automotive and adjacent technology sectors. Hu brings more than 25 years of leadership experience in Asia, Europe and the Americas, including senior roles at BorgWarner, Delphi Technologies, Eberspächer, Magna Steyr and Magneti Marelli.
Most recently, Hu was Vice President and General Manager of the Americas Region for BorgWarner’s Turbo & Thermal Technology business unit, with full P&L responsibility for a multi‑billion‑dollar operation and a team of about 3,900 employees. The Board highlighted his background as aligned with PSI’s growth focus in the data center market.
Power Solutions International (Nasdaq: PSIX) announced it will hold a conference call to discuss its second quarter 2026 financial results and business outlook on Thursday, August 6, 2026, at 5:00 p.m. Eastern time. According to the company, the related earnings press release will be issued after the market close on August 6 via Globe Newswire and will also be available on the PSI investor relations website.
Investors can listen to the live audio-only webcast and register for the call through links provided by PSI. Participants who register to actively join the call will receive dial-in details and a unique PIN by email. A replay of the conference call will be accessible after the live event in the Events and Presentations section of the company’s investor website.
Power Solutions International (Nasdaq: PSIX) reported first quarter 2026 net sales of $128.6 million (down 5% year over year), net income of $7.3 million, and diluted EPS of $0.32. Gross profit was $29.4 million, with gross margin declining to 22.9%.
Cash was $45.1 million and total debt $103.4 million at March 31, 2026. The company expects second-quarter 2026 revenue to be roughly in line with the first quarter and anticipates stronger sales in the second half of 2026, subject to order timing and market conditions.
Power Solutions International (Nasdaq: PSIX) will release first quarter 2026 earnings after market close on May 11, 2026 and hold a conference call the same day at 5:00 p.m. ET.
The earnings release will be distributed via Globe Newswire and posted on PSI’s investor website before the call. Registration is required to join the live audio webcast or participate by phone; a replay will be available on PSI’s Investors events page.
Power Solutions International (Nasdaq: PSIX) acquired 100% of MTL Manufacturing & Equipment Inc. on March 2, 2026, expanding PSI's vertical manufacturing footprint for data center power enclosures.
The deal was financed from PSI's existing cash reserves and assumption of certain equipment-related debt. MTL adds 185,000 sq ft, UL certifications, engineering capabilities, and two Beloit, Wisconsin sites to improve supply chain control and reduce lead times.
Power Solutions International (Nasdaq: PSIX) reported record full year 2025 results with net sales $722.4M (+52% YoY), net income $114.0M (+65% YoY) and diluted EPS $4.94. Fourth-quarter sales were $191.2M (+33% YoY) but Q4 net income fell to $16.1M.
Q4 gross margin compressed to 21.9% versus 29.9% last year due to manufacturing ramp-up; cash was $41.3M and total debt $96.6M at year-end.