STOCK TITAN

Power Integrations Inc 10-Q Filings

POWI NASDAQ

Every 10-Q that Power Integrations Inc (POWI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow POWI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full POWI filings page.

Rhea-AI Summary

Power Integrations, Inc. reported modestly higher revenue and sharply higher profitability for the quarter ended June 30, 2026. Net revenue rose to $118.9 million from $115.9 million a year earlier, driven mainly by stronger industrial-market sales, while Asia represented about 81% of revenue.

Gross margin declined to 54.3% from 55.2% on less favorable product mix and a weaker dollar/yen exchange rate, and for the first half was 53.5% versus 55.2%. Operating expenses fell year over year, largely because a prior-year litigation charge did not recur, partially offset by increased R&D and restructuring-related costs.

Net income for the quarter increased to $9.8 million from $1.4 million, with diluted EPS of $0.17. The company executed a workforce reduction of about 7% in early 2026, recording $6.6 million of restructuring charges. Liquidity remained strong, with $262.6 million in cash, cash equivalents and short-term investments and an undrawn $100.0 million revolving credit facility maturing in 2031, while returning $23.8 million to shareholders via cash dividends in the first half.

Rhea-AI Summary

Power Integrations reported modest Q1 2026 revenue growth but sharply lower profit as it restructured its business. Net revenue rose to $108.3 million from $105.5 million, driven mainly by stronger industrial demand. Gross margin slipped to 52.6% from 55.2%, reflecting an unfavorable dollar/yen exchange rate and restructuring-related costs.

Net income fell to $3.3 million, or $0.06 per diluted share, down from $8.8 million, or $0.15 per diluted share, a year earlier. The company reduced its workforce by about 7% and recorded $6.6 million of restructuring and related charges, primarily severance. A $1.4 million credit reversed previously recognized stock-based compensation tied to a former CEO’s awards.

Power Integrations ended the quarter with $257.2 million in cash, cash equivalents and short-term investments and working capital of $391.8 million. It paid $11.95 million of dividends at $0.215 per share and has a new unsecured $100 million revolving credit facility with PNC Bank maturing in 2031, with no borrowings outstanding.

Rhea-AI Summary

Power Integrations (POWI) reported Q3 2025 results with net revenues of $118.9 million and a net loss of $1.4 million, or $0.02 per diluted share. Gross profit was $64.9 million. Operating expenses rose sharply due to a one-time stock-based compensation modification tied to the former CEO and legal costs, driving an operating loss of $4.0 million.

For the nine months ended September 30, 2025, revenue reached $340.3 million and net income was $8.8 million. Operating cash flow was strong at $85.3 million; the company used $98.1 million to repurchase 2.0 million shares year-to-date and paid $35.6 million in dividends. Cash and cash equivalents were $48.6 million and short-term marketable securities were $193.2 million at quarter end. The board declared quarterly dividends of $0.21 per share in 2025 and approved dividends of $0.215 per share for 2026.

Customer concentration remained high: the top ten customers represented 81% of Q3 net revenues, with Avnet at 34%. The company recorded a $13.6 million stock-based compensation charge from equity award modifications and recognized legal expense related to a California jury verdict; post-trial motions are underway. Shares outstanding were 55.3 million as of November 3, 2025.