Power Integrations POWI Restructuring Charges
Restructuring Charges at other companies
Other financials
Where this comes from
Reported directly by Power Integrations in its filing.
Tagged under the XBRL concept us-gaap:RestructuringCharges.
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
The Company continuously evaluates its operations to better align the organization with market opportunities, increase operational efficiency, decrease costs, and increase profitability. During the three months ended March 31, 2026, the Company undertook a restructuring plan, reducing its workforce by approximately 7% to better align expenses with revenue and create flexibility to invest in the products, people, and markets that are expected to drive long-term growth and profitability. In conjunction with this restructuring plan, restructuring charges of $6.6 million were recognized during the first quarter of 2026, primarily composed of severance costs. The restructuring plan was substantially completed in the first quarter of 2026. No restructuring charges were incurred in fiscal 2025. Restructuring liabilities are included in other accrued liabilities in the accompanying unaudited condensed consolidated balance sheets, and are summarized in the following table:
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Power Integrations's restructuring charges?
- Power Integrations (POWI) reported restructuring charges of $0 in Q2 2026.
- What does restructuring charges mean?
- One-time costs from reorganizing operations, including employee severance, facility closure costs, contract termination fees, and asset relocation expenses.
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