POWI · Power Integrations Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $443.50M | $418.97M | $444.54M | $651.14M | $703.28M | $488.32M |
| Cost of Revenue | $201.85M | $194.22M | $215.58M | $284.23M | $342.64M | $244.73M |
| Gross Profit | $241.65M | $224.75M | $228.96M | $366.91M | $360.64M | $243.59M |
| R&D | $101.12M | $100.79M | $96.07M | $93.89M | $84.93M | $81.71M |
| SG&A | $42.70M | $38.21M | $33.23M | $28.90M | $39.84M | $36.90M |
| Total Operating Expenses | $231.46M | $206.82M | $193.90M | $186.50M | $185.58M | $173.10M |
| D&A | $27.20M | $33.30M | $35.20M | $34.93M | $31.45M | $23.74M |
| Operating Income | $10.19M | $17.93M | $35.06M | $180.41M | $175.06M | $70.49M |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | ($1.11M) | ($1.48M) | ($9.83M) | $12.57M | $11.72M | $4.08M |
| Net Income | $22.09M | $32.23M | $55.73M | $170.85M | $164.41M | $71.18M |
| EPS - Basic | $0.39 | $0.57 | $0.97 | $2.96 | $2.73 | $1.19 |
| EPS - Diluted | $0.39 | $0.56 | $0.97 | $2.93 | $2.67 | $1.17 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $58.76M | $50.97M | $63.93M | $105.37M | $158.12M | $258.87M |
| Accounts Receivable | $18.25M | $27.17M | $14.67M | $20.84M | $41.39M | $35.91M |
| Inventory | $166.89M | $165.61M | $163.16M | $135.42M | $99.27M | $102.88M |
| Accounts Payable | $33.96M | $29.79M | $26.39M | $30.09M | $43.72M | $34.71M |
| Current Assets | $458.33M | $514.04M | $511.60M | $525.07M | $686.82M | $601.23M |
| Total Assets | $772.21M | $828.83M | $819.87M | $840.10M | $1.01B | $903.34M |
| Current Liabilities | $70.36M | $55.32M | $48.87M | $58.38M | $72.32M | $62.53M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $99.36M | $79.05M | $67.63M | $84.88M | $102.45M | $92.93M |
| Stockholders' Equity | $672.85M | $749.77M | $752.24M | $755.22M | $912.03M | $810.41M |
| Retained Earnings | $673.93M | $734.04M | $753.68M | $762.54M | $753.44M | $621.63M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $111.52M | $81.18M | $65.76M | $215.34M | $230.87M | $125.64M |
| Investing Cash Flow | $36.21M | ($25.92M) | ($14.15M) | $78.34M | ($232.80M) | ($28.27M) |
| Financing Cash Flow | ($139.94M) | ($68.22M) | ($93.05M) | ($346.42M) | ($98.83M) | ($17.19M) |
| CapEx | $24.40M | $17.29M | $20.88M | $39.21M | $47.27M | $70.60M |
| Free Cash Flow | $87.12M | $63.90M | $44.88M | $176.13M | $183.60M | $55.04M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 54.5% | 53.6% | 51.5% | 56.3% | 51.3% | 49.9% |
| Operating margin | 2.3% | 4.3% | 7.9% | 27.7% | 24.9% | 14.4% |
| EBITDA margin | 8.4% | 12.2% | 15.8% | 33.1% | 29.4% | 19.3% |
| Net margin | 5.0% | 7.7% | 12.5% | 26.2% | 23.4% | 14.6% |
| Free cash flow margin | 19.6% | 15.3% | 10.1% | 27.0% | 26.1% | 11.3% |
| FCF / Net income | 3.94 | 1.98 | 0.81 | 1.03 | 1.12 | 0.77 |
| R&D / Revenue | 22.8% | 24.1% | 21.6% | 14.4% | 12.1% | 16.7% |
| SG&A / Revenue | 9.6% | 9.1% | 7.5% | 4.4% | 5.7% | 7.6% |
| Effective tax rate | -5.3% | -4.8% | -21.4% | 6.9% | 6.7% | 5.4% |
| Return on assets | 2.9% | 3.9% | 6.8% | 20.3% | 16.2% | 7.9% |
| Return on equity | 3.3% | 4.3% | 7.4% | 22.6% | 18.0% | 8.8% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 6.51 | 9.29 | 10.47 | 8.99 | 9.50 | 9.62 |
| Quick ratio | 4.14 | 6.30 | 7.13 | 6.67 | 8.12 | 7.97 |
| Cash ratio | 0.84 | 0.92 | 1.31 | 1.81 | 2.19 | 4.14 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 1.15 | 1.11 | 1.09 | 1.11 | 1.11 | 1.11 |
| Liabilities / Assets | 0.13 | 0.10 | 0.08 | 0.10 | 0.10 | 0.10 |
| Efficiency | ||||||
| Asset turnover | 0.57 | 0.51 | 0.54 | 0.78 | 0.69 | 0.54 |
| Inventory turnover | 1.21 | 1.17 | 1.32 | 2.10 | 3.45 | 2.38 |
| Days sales outstanding | 15d | 24d | 12d | 12d | 21d | 27d |
| Days inventory outstanding | 302d | 311d | 276d | 174d | 106d | 153d |
| Days payable outstanding | 61d | 56d | 45d | 39d | 47d | 52d |
| Cash conversion cycle | 255d | 279d | 244d | 147d | 81d | 129d |
| Valuation | ||||||
| P / E | 91.1x | 110.2x | 84.6x | 24.5x | 34.8x | 70.0x |
| P / B | 3.0x | 4.7x | 6.3x | 5.5x | 6.3x | 6.1x |
| P / S | 4.5x | 8.4x | 10.6x | 6.4x | 8.1x | 10.2x |
| EV / EBITDA | 52.0x | 67.8x | 66.4x | 19.0x | 26.9x | 50.1x |
| Growth | ||||||
| Revenue growth (YoY) | 5.9% | -5.8% | -31.7% | -7.4% | 44.0% | 16.1% |
| Revenue CAGR (3y) | -12.0% | -15.9% | -3.1% | 15.7% | 21.8% | 4.2% |
| Revenue CAGR (5y) | -1.9% | -0.1% | 2.7% | 8.6% | 12.7% | 7.1% |
| Gross profit growth (YoY) | 7.5% | -1.8% | -37.6% | 1.7% | 48.1% | 14.1% |
| Operating income growth (YoY) | -43.1% | -48.9% | -80.6% | 3.1% | 148.4% | -67.5% |
| Net income growth (YoY) | -31.5% | -42.2% | -67.4% | 3.9% | 131.0% | -63.2% |
| EPS growth (YoY) | -30.4% | -42.3% | -66.9% | 9.7% | 128.2% | -82.0% |
| EPS CAGR (3y) | -48.9% | -40.6% | -6.1% | -23.3% | 4.8% | 9.1% |
| EPS CAGR (5y) | -19.7% | -38.7% | -16.0% | 26.6% | 10.5% | -2.4% |
| FCF growth (YoY) | 36.4% | 42.4% | -74.5% | -4.1% | 233.6% | -72.5% |
| FCF CAGR (5y) | 9.6% | -20.4% | -5.4% | 28.9% | 16.5% | -7.4% |
| Book value growth (YoY) | -10.3% | -0.3% | -0.4% | -17.2% | 12.5% | 11.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$443.50M totalSingle Reportable Segment$443.50M · 100.0%
Geographic
$443.50M totalHong Kong China Domain$245.91M · 55.4%
KR$39.54M · 8.9%
Other Countries$35.79M · 8.1%
DE$27.23M · 6.1%
TW$25.52M · 5.8%
IN$23.65M · 5.3%
Emea Other Than Germany$22.99M · 5.2%
US$22.87M · 5.2%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
4.56
Safe
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Semiconductors & Related Devices
Comparing POWER INTEGRATIONS INC against the 5 most active filers in the same SIC group.
Dividends
$0.85/share trailing 12 months · +2.4% YoY
| Ex-date | Per share |
|---|---|
| May 29, 2026 | $0.2150 |
| Feb 27, 2026 | $0.2150 |
| Nov 28, 2025 | $0.2100 |
| Aug 29, 2025 | $0.2100 |
| May 30, 2025 | $0.2100 |
| Feb 28, 2025 | $0.2100 |
| Nov 29, 2024 | $0.2100 |
| Aug 30, 2024 | $0.2000 |
| May 31, 2024 | $0.2000 |
| Feb 28, 2024 | $0.2000 |
| Nov 29, 2023 | $0.2000 |
| Aug 30, 2023 | $0.1900 |
| May 30, 2023 | $0.1900 |
| Feb 27, 2023 | $0.1900 |
| Nov 29, 2022 | $0.1800 |
| Aug 30, 2022 | $0.1800 |
| May 27, 2022 | $0.1800 |
| Feb 25, 2022 | $0.1800 |
| Nov 29, 2021 | $0.1500 |
| Aug 30, 2021 | $0.1300 |
| May 27, 2021 | $0.1300 |
| Feb 25, 2021 | $0.1300 |
| Nov 27, 2020 | $0.1100 |
| Aug 28, 2020 | $0.1100 |