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Other financials

Income statement

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Revenue$118.9M+2.7%
Gross profit$64.6M+1.1%
Operating income$8.9M+762%
Net income$9.8M+618%
EPS (diluted)$0.17+750%

Balance sheet

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Cash & equivalents$70.6M+5.5%
Total debt$18.9M+21.4%
Total equity$680.5M-3.3%
Total assets$779.0M-2.3%

Cash flow

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Operating cash flow$22.0M-24.4%
CapEx$4.3M-27.4%
Free cash flow$17.7M-23.6%

Valuation

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Market cap$3.61B+46.7%
P/E144×+70.8×
P/S+2.5×

Profitability

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Gross margin53.6%-1.2pp
Operating margin3.4%-1.3pp
Net margin5.6%-2.0pp
FCF margin17.6%-1.1pp

Returns & leverage

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Return on equity3.6%-1.1pp
Debt / equity0.0×
Current ratio7.1×-0.4×

Where this comes from

Reported directly by Power Integrations in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Power Integrations’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000833640-26-000145
(In thousands, except per share amounts)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Cost of revenue54,30251,898105,67299,192
Gross profit64,63763,954121,575122,189
Operating expenses:
Research and development27,16325,99153,41850,086
Selling, general and administrative28,05230,15752,49657,579
Other operating expenses (income)5229,151(897)9,151
Restructuring and related charges6,204
Total operating expenses55,73765,299111,221116,816

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Power Integrations's R&D?
Power Integrations (POWI) reported R&D of $27.16M in Q2 2026.
How has Power Integrations's R&D changed year-over-year?
Power Integrations's R&D increased by 4.5% year-over-year, from $25.99M to $27.16M.
What is the long-term trend for Power Integrations's R&D?
Over 4 years (2021 to 2025), Power Integrations's R&D has grown at a 4.5% compound annual growth rate (CAGR), from $84.93M to $101.12M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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