PSIX · Power Solutions International, 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 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $128.59M | - | $203.83M | $191.91M | $135.45M | - | $125.84M | $110.59M | $95.24M | - |
| Cost of Revenue | $99.17M | - | $155.12M | $137.82M | $95.15M | - | $89.42M | $75.40M | $69.48M | - |
| Gross Profit | $29.42M | - | $48.71M | $54.08M | $40.29M | - | $36.42M | $35.19M | $25.76M | - |
| R&D | $4.80M | - | $4.79M | $4.62M | $4.24M | - | $4.65M | $4.96M | $5.20M | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $18.03M | - | $20.35M | $21.60M | $15.66M | - | $15.97M | $9.84M | $15.09M | - |
| D&A | $1.44M | - | - | - | $975.0K | - | - | - | $952.0K | - |
| Operating Income | $11.39M | - | $28.36M | $32.48M | $24.63M | - | $20.45M | $25.34M | $10.66M | - |
| Interest Expense | $1.75M | - | $1.62M | $1.70M | $3.35M | - | $2.84M | $4.64M | $3.35M | - |
| Income Tax | $2.43M | - | ($876.0K) | ($20.14M) | $3.79M | - | $277.0K | $895.0K | $201.0K | - |
| Net Income | $7.30M | - | $27.62M | $51.21M | $19.08M | - | $17.34M | $21.54M | $7.12M | - |
| EPS - Basic | $0.32 | - | $1.20 | $2.23 | $0.83 | - | $0.75 | $0.94 | $0.31 | - |
| EPS - Diluted | $0.32 | - | $1.20 | $2.22 | $0.83 | - | $0.75 | $0.94 | $0.31 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $45.09M | $41.25M | $49.05M | $49.46M | $50.02M | $55.25M | $40.46M | $28.80M | $33.06M | $22.76M |
| Accounts Receivable | $73.69M | $90.45M | $87.97M | $82.10M | $81.61M | $68.96M | $77.49M | $64.26M | $49.29M | $66.98M |
| Inventory | $129.24M | $127.36M | $152.22M | $148.98M | $116.79M | $93.87M | $104.89M | $93.45M | $88.80M | $84.95M |
| Accounts Payable | $42.54M | $48.20M | $83.59M | $89.61M | $66.20M | $58.21M | $76.61M | $66.94M | $72.82M | $67.36M |
| Current Assets | $274.83M | $290.92M | $318.87M | $310.30M | $278.25M | $254.34M | $265.17M | $231.60M | $209.07M | $205.38M |
| Total Assets | $430.68M | $424.75M | $458.95M | $437.68M | $372.73M | $328.18M | $339.13M | $307.56M | $286.80M | $284.30M |
| Current Liabilities | $80.37M | $92.28M | $139.58M | $246.87M | $239.51M | $227.57M | $259.22M | $243.84M | $245.75M | $248.30M |
| Long-term Debt | $5.05M | $10.0K | $15.0K | $19.0K | $24.0K | $38.0K | $51.0K | $64.0K | $77.0K | $90.0K |
| Total Liabilities | $244.91M | $246.14M | $296.49M | $302.03M | $288.38M | $262.93M | $297.03M | $282.80M | $283.58M | $288.22M |
| Stockholders' Equity | $185.78M | $178.61M | $162.45M | $135.65M | $84.34M | $65.25M | $42.11M | $24.77M | $3.22M | ($3.92M) |
| Retained Earnings | $29.78M | $22.48M | $6.40M | ($21.22M) | ($72.43M) | ($91.51M) | ($114.80M) | ($132.13M) | ($153.68M) | ($160.79M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $19.13M | - | - | - | $8.81M | - | - | - | $15.63M | - |
| Investing Cash Flow | ($13.80M) | - | - | - | ($3.40M) | - | - | - | ($815.0K) | - |
| Financing Cash Flow | ($740.0K) | - | - | - | ($10.24M) | - | - | - | ($5.18M) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 22.9% | - | 23.9% | 28.2% | 29.7% | - | 28.9% | 31.8% | 27.0% | - |
| Operating margin | 8.9% | - | 13.9% | 16.9% | 18.2% | - | 16.3% | 22.9% | 11.2% | - |
| EBITDA margin | 10.0% | - | - | - | 18.9% | - | - | - | 12.2% | - |
| Net margin | 5.7% | - | 13.5% | 26.7% | 14.1% | - | 13.8% | 19.5% | 7.5% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | 3.7% | - | 2.4% | 2.4% | 3.1% | - | 3.7% | 4.5% | 5.5% | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 25.0% | - | -3.3% | -64.8% | 16.6% | - | 1.6% | 4.0% | 2.7% | - |
| Return on assets | 1.7% | - | 6.0% | 11.7% | 5.1% | - | 5.1% | 7.0% | 2.5% | - |
| Return on equity | 3.9% | - | 17.0% | 37.8% | 22.6% | - | 41.2% | 87.0% | 220.7% | - |
| Return on invested capital | 4.5% | - | 17.5% | 23.9% | 24.4% | - | 47.7% | 98.0% | 314.1% | - |
| Liquidity | ||||||||||
| Current ratio | 3.42 | 3.15 | 2.28 | 1.26 | 1.16 | 1.12 | 1.02 | 0.95 | 0.85 | 0.83 |
| Quick ratio | 1.81 | 1.77 | 1.19 | 0.65 | 0.67 | 0.71 | 0.62 | 0.57 | 0.49 | 0.49 |
| Cash ratio | 0.56 | 0.45 | 0.35 | 0.20 | 0.21 | 0.24 | 0.16 | 0.12 | 0.13 | 0.09 |
| Leverage | ||||||||||
| Debt / Equity | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | -0.02 |
| Debt / Assets | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / EBITDA | 0.39 | - | - | - | 0.00 | - | - | - | 0.01 | - |
| Interest coverage | 6.5x | - | 17.5x | 19.1x | 7.4x | - | 7.2x | 5.5x | 3.2x | - |
| Equity multiplier | 2.32 | 2.38 | 2.83 | 3.23 | 4.42 | 5.03 | 8.05 | 12.42 | 88.96 | -72.58 |
| Liabilities / Assets | 0.57 | 0.58 | 0.65 | 0.69 | 0.77 | 0.80 | 0.88 | 0.92 | 0.99 | 1.01 |
| Efficiency | ||||||||||
| Asset turnover | 0.30 | - | 0.44 | 0.44 | 0.36 | - | 0.37 | 0.36 | 0.33 | - |
| Inventory turnover | 0.77 | - | 1.02 | 0.93 | 0.81 | - | 0.85 | 0.81 | 0.78 | - |
| Days sales outstanding | 209d | - | 158d | 156d | 220d | - | 225d | 212d | 189d | - |
| Days inventory outstanding | 476d | - | 358d | 395d | 448d | - | 428d | 452d | 466d | - |
| Days payable outstanding | 157d | - | 197d | 237d | 254d | - | 313d | 324d | 383d | - |
| Cash conversion cycle | 528d | - | 319d | 313d | 414d | - | 340d | 340d | 273d | - |
| Valuation | ||||||||||
| P / E | 190.3x | - | 81.9x | 29.1x | 30.5x | - | 27.4x | 6.8x | 7.4x | - |
| P / B | 7.6x | - | 13.9x | 11.0x | 6.9x | - | 11.2x | 5.9x | 16.3x | - |
| P / S | 10.9x | - | 11.1x | 7.8x | 4.3x | - | 3.8x | 1.3x | 0.6x | - |
| EV / EBITDA | 106.3x | - | - | - | 20.8x | - | - | - | 1.7x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -5.1% | - | 62.0% | 73.5% | 42.2% | - | 8.6% | -9.3% | -18.2% | - |
| Revenue CAGR (3y) | 3.4% | - | 17.7% | 16.8% | 11.0% | - | 2.3% | -0.3% | -1.7% | - |
| Revenue CAGR (5y) | 5.1% | - | 12.2% | 15.6% | 5.2% | - | -1.9% | -4.4% | -3.8% | - |
| Gross profit growth (YoY) | -27.0% | - | 33.7% | 53.7% | 56.4% | - | 30.5% | 30.5% | 9.7% | - |
| Operating income growth (YoY) | -53.8% | - | 38.7% | 28.2% | 131.0% | - | 68.8% | 124.2% | 25.1% | - |
| Net income growth (YoY) | -61.7% | - | 59.3% | 137.8% | 168.2% | - | 122.4% | 235.7% | 91.1% | - |
| EPS growth (YoY) | -61.4% | - | 60.0% | 136.2% | 167.7% | - | 120.6% | 235.7% | 93.8% | - |
| EPS CAGR (3y) | 26.0% | - | 104.7% | 233.2% | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | 24.6% | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 120.3% | 173.7% | 285.8% | 447.8% | 2516.1% | - | - | - | - | 87.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$722.40M totalEnergy End Market$586.35M · 81.2%
Industrial End Market$114.77M · 15.9%
Transportation End Market$21.29M · 2.9%
Geographic
$722.40M totalUS$675.19M · 93.5%
Pacific Rim$22.31M · 3.1%
North America Excluding United States$21.27M · 2.9%
Europe$3.37M · 0.5%
Other Geographical Areas$259.0K · 0.0%
Peer comparison
Same SIC group: Engines & Turbines
Comparing POWER SOLUTIONS INTERNATIONAL against the 5 most active filers in the same SIC group.