Power Integrations, Inc. (POWI) Income Statement
POWI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsPOWI revenue and net income
Where POWI's revenue goes
2025Each bar shows an amount and its share of revenue. POWI kept 5.0% of revenue as net income.
POWI profit margins
POWI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +5.9% | −12.0% | −1.9% | +2.6% |
| Gross profit | +7.5% | −13.0% | −0.2% | +3.4% |
| Operating income | +19.6% | −50.8% | −21.2% | −5.8% |
| Net income | −31.5% | −49.4% | −20.9% | −5.6% |
| EPS (diluted) | −18.1% | −33.8% | −11.1% | −0.8% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
POWI quarterly EPS vs estimates
Power Integrations beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.26).
POWI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $443.5M | $419.0M | $444.5M | $651.1M | $703.3M | $488.3M | $420.7M | $416.0M | $431.8M | $387.4M |
| Cost of revenue | $201.9M | $194.2M | $215.6M | $284.2M | $342.6M | $244.7M | $207.3M | $201.2M | $218.1M | $196.2M |
| Gross profit | $241.6M | $224.8M | $229.0M | $366.9M | $360.6M | $243.6M | $213.4M | $214.8M | $213.7M | $191.2M |
| Research & development | $101.1M | $100.8M | $96.1M | $93.9M | $84.9M | $81.7M | $73.5M | $70.6M | $68.5M | $62.3M |
| Sales, general & admin | $110.7M | $106.0M | $97.8M | $91.2M | $100.6M | $91.4M | $37.6M | $78.1M | $85.4M | $78.6M |
| Total operating expenses | $220.2M | $206.8M | $193.9M | $186.5M | $185.6M | $173.1M | −$3.6M | $150.6M | $156.0M | $143.3M |
| Operating income | $21.4M | $17.9M | $35.1M | $180.4M | $175.1M | $70.5M | $217.0M | $55.6M | $57.6M | $47.8M |
| Interest expense | — | — | — | $3.0M | $1.1M | $4.8M | $324.5M | $0 | $0 | $0 |
| Income before taxes | $21.0M | $30.8M | $45.9M | $183.4M | $176.1M | $75.3M | $222.4M | $59.8M | $60.3M | $48.9M |
| Income taxes | −$1.1M | −$1.5M | −$9.8M | $12.6M | $11.7M | $4.1M | $28.9M | −$10.2M | $32.7M | $1.0M |
| Net income | $22.1M | $32.2M | $55.7M | $170.9M | $164.4M | $71.2M | $193.5M | $70.0M | $27.6M | $47.9M |
| EBITDA | $49.0M | $65.3M | $35.1M | $220.8M | $211.1M | $98.6M | $72.5M | $79.8M | $82.1M | $72.3M |
| EPS (diluted) | $0.95 | $1.16 | $1.29 | $3.28 | $3.26 | $1.71 | $1.29 | $1.37 | $1.43 | $1.25 |
| Gross margin | 54.5% | 53.6% | 51.5% | 56.3% | 51.3% | 49.9% | 50.7% | 51.6% | 49.5% | 49.3% |
| Operating margin | 4.8% | 4.3% | 7.9% | 27.7% | 24.9% | 14.4% | 51.6% | 13.4% | 13.3% | 12.4% |
| Net margin | 5.0% | 7.7% | 12.5% | 26.2% | 23.4% | 14.6% | 46.0% | 16.8% | 6.4% | 12.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $118.9M | $108.3M | $103.2M | $118.9M | $115.9M | $105.5M | $105.2M | $115.8M | $106.2M | $91.7M | $89.5M | $125.5M |
| Cost of revenue | $54.3M | $51.4M | $48.6M | $54.1M | $51.9M | $47.3M | $48.0M | $52.7M | $49.7M | $43.9M | $43.3M | $59.6M |
| Gross profit | $64.6M | $56.9M | $54.6M | $64.9M | $64.0M | $58.2M | $57.3M | $63.2M | $56.5M | $47.8M | $46.2M | $65.9M |
| Research & development | $27.2M | $26.3M | $24.3M | $26.7M | $26.0M | $24.1M | $25.7M | $25.8M | $26.0M | $23.2M | $23.5M | $24.1M |
| Sales, general & admin | $28.1M | $24.4M | $9.5M | $27.8M | $30.2M | $27.4M | $27.7M | $25.8M | $28.5M | $24.1M | $23.8M | $24.2M |
| Total operating expenses | $55.7M | $50.7M | $44.5M | $54.5M | $65.3M | $51.5M | $53.3M | $51.6M | $54.6M | $47.3M | $47.3M | $48.2M |
| Operating income | $8.9M | $6.2M | $10.2M | $10.3M | −$1.3M | $6.7M | $3.9M | $11.6M | $2.0M | $470,000 | −$1.1M | $17.7M |
| Interest expense | — | — | — | — | — | — | — | — | — | — | $1.7M | — |
| Income before taxes | $11.2M | $3.9M | $11.1M | −$1.4M | $1.3M | $9.9M | $7.3M | $14.3M | $5.1M | $4.0M | $2.2M | $20.9M |
| Income taxes | $1.4M | $620,000 | −$2.1M | −$42,000 | −$24,000 | $1.1M | −$1.8M | $41,000 | $298,000 | $18,000 | −$12.0M | $1.1M |
| Net income | $9.8M | $3.3M | $13.3M | −$1.4M | $1.4M | $8.8M | $9.1M | $14.3M | $4.8M | $4.0M | $14.3M | $19.8M |
| EBITDA | $13.0M | $10.5M | $17.8M | $5.4M | $8.6M | $17.3M | $15.3M | $23.0M | $13.9M | $13.2M | $11.7M | $30.1M |
| EPS (diluted) | $0.20 | $0.25 | $0.23 | $0.06 | $0.35 | $0.31 | $0.30 | $0.40 | $0.28 | $0.18 | $0.22 | $0.46 |
| Gross margin | 54.3% | 52.6% | 52.9% | 54.5% | 55.2% | 55.2% | 54.4% | 54.5% | 53.2% | 52.1% | 51.6% | 52.5% |
| Operating margin | 7.5% | 5.8% | 9.8% | 8.7% | −1.2% | 6.4% | 3.7% | 10.0% | 1.8% | 0.5% | −1.2% | 14.1% |
| Net margin | 8.3% | 3.0% | 12.9% | −1.1% | 1.2% | 8.3% | 8.7% | 12.3% | 4.6% | 4.3% | 15.9% | 15.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in POWI's financial statements (latest annual report filed February 6, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
POWI financial results
In fiscal year 2025 (ended December 31, 2025), Power Integrations reported revenue of $443.5 million, up 5.9% from the year before. It had net income of $22.1 million (down 31.5%), a net profit margin of 5.0%. Diluted earnings per share came to $0.95. Over five years revenue grew at an average rate of −1.9% a year.
See the POWI stock overview for the latest quote and news, or the POWI chart for price history and technical indicators.
POWI income statement FAQ
What is Power Integrations's annual revenue?
Power Integrations reported total revenue of $443.5 million for fiscal year 2025, which ended on December 31, 2025. That was up 5.9% from $419.0 million the previous year.
Is Power Integrations profitable?
Yes. Power Integrations reported net income of $22.1 million in fiscal 2025, a net profit margin of 5.0%; its operating margin was 4.8%.
What is Power Integrations's gross margin?
Power Integrations's gross margin was 54.5% in fiscal 2025: for every $100 of revenue, Power Integrations kept $54 after the direct cost of its products and services.
How much does Power Integrations spend on research and development?
Power Integrations spent $101.1 million on research and development in fiscal 2025, 22.8% of revenue.
How fast is Power Integrations growing?
Revenue grew −1.9% a year on average over the last five fiscal years, from $488.3 million to $443.5 million.
What are Power Integrations's earnings per share?
Power Integrations earned $0.95 per diluted share in fiscal 2025, compared with $1.16 a year earlier.
When will Power Integrations report its next earnings?
Power Integrations is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does Power Integrations's fiscal year end?
Power Integrations's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 6, 2026.