Power Integrations, Inc.

POWI Technology Semiconductors

Power Integrations, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $443.5 million, up 5.86% from fiscal 2024.

Revenue
+5.51%
EPS
+1,750.0%
Free cash flow
+50.1%

Quarter to September 2026, against a year earlier

40.04 1.20 +3.09%
Market cap
$2.2B
P/E
48.2×
Fwd P/E
60.7×
Dividend yield
2.19%
F-score
7/9
Altman Z
14.47
Beneish M
−3.38
Dividend safety
54/100

Insider Decisions last twelve months

Sold, $m 30.20
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — 3 7 — 1 8 — 1 — — — —
Insider Ownership 1.67%

Capital & Financial Ratios $m

Size
Market Cap 2,170.00
Revenue ttm 455.93
Net income ttm 44.74
Free cash flow ttm 91.38
Net debt Q (262.61)
Valuation
P/E 48.20 (above 35: high)
Forward P/E 60.70 (above 35: high)
Price / sales 4.78
Forward P/S Powerpack
Price / FCF 24.20
Price / book 3.13
Financial health
Current ratio Q 7.88 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q —
Growth
Revenue growth Q +5.51% (above 0%: growing)
Operating income growth Q +583.81% (above 0%: growing)
EPS, this year +18.60% (at or above 15%: strong)
EPS, next year A +20.40% (at or above 15%: strong)
Revenue, next year A +7.64%
EPS, past 5 yrs −19.73% (below 0%: weak)
EPS, next 5 yrs A +27.32% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 54.35%
10-year low 10-year high
P/S against its own 10 years 15.33%
10-year low 10-year high
P/B against its own 10 years 4.18%
10-year low 10-year high
EV/Sales against its own 10 years 16.06%
10-year low 10-year high
EV/FCF against its own 10 years 25.49%
10-year low 10-year high

Dividends raised every year since 2017

Yield
2.19%
Annual rate
0.86
Payout ratio
106.9%
Growth, 2017–25
+14.7%/yr
  1. 0.28 ’17
  2. 0.32 ’18 +14
  3. 0.35 ’19 +9
  4. 0.42 ’20 +20
  5. 0.54 ’21 +29
  6. 0.72 ’22 +33
  7. 0.77 ’23 +7
  8. 0.81 ’24 +5
  9. 0.84 ’25 +4
  10. 0.86 ’26e +2
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 312 300 250 —
Receivables 15 27 18 —
Inventory 163 166 167 150
Other — — — —
512 514 458 487
2023 2024 2025 Q'26
Payables 26 30 34 27
ST’ Debt — — — —
Other — — — —
49 55 70 62

Compound Annual Growth %

10y 5y 3y
Sales 2.56% (1.91%) (12.02%)
Cash Flow 1.92% (2.36%) (19.70%)
Earnings (5.56%) (20.86%) (49.43%)
Book Value 4.61% (3.65%) (3.78%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.06 0.17 0.33 — —
’25 0.15 0.02 (0.02) 0.24 0.39
’24 0.07 0.09 0.25 0.16 0.56
’23 0.12 0.26 0.34 0.25 0.97
’22 0.77 0.96 0.80 0.40 2.93
’21 0.65 0.68 0.69 0.66 2.67
’20 0.27 0.22 0.24 0.45 1.17
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 108 119 125 — —
’25 106 116 119 103 444
’24 92 106 116 105 419
’23 106 123 126 90 445
’22 182 184 160 125 651
’21 174 180 177 173 703
’20 110 107 121 151 488
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 20 22 43 — —
’25 26 29 30 26 112
’24 16 18 33 15 81
’23 17 6 27 16 66
’22 75 67 50 24 215
’21 58 67 59 47 231
’20 26 37 16 46 126
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 18 18 36 — —
’25 21 23 24 19 87
’24 12 13 27 12 64
’23 13 3 19 10 45
’22 61 54 44 18 177
’21 47 59 48 30 184
’20 15 27 2 12 56
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 390 432 416 421 488 703 651 445 419 444 456 +1.4% 477 545 659 +14.1%
Gross margin, % 49.32 49.49 51.64 50.73 49.88 51.28 56.35 51.50 53.64 54.49 53.93 +5.2 pt
EBT 50 60 60 222 75 176 183 46 31 21 48 (9.2%)
EBT margin, % 12.82 13.97 14.37 52.87 15.41 25.04 28.17 10.33 7.34 4.73 10.42 (8.1) pt
Net income 49 28 70 193 71 164 171 56 32 22 45 (8.4%)
Per share, $
Per share, $ Revenue 6.74 7.28 7.06 7.19 8.19 11.66 11.27 7.77 7.37 7.91 8.16 +1.8%
Earnings 0.83 0.47 1.19 3.31 1.19 2.73 2.96 0.97 0.57 0.39 0.81 (8.0%)
Cash flow 1.69 1.38 1.43 3.84 2.11 3.83 3.73 1.15 1.43 1.99 1.98 +1.8%
Capex (0.21) (0.55) (0.43) (0.43) (1.17) (0.78) (0.66) (0.37) (0.30) (0.43) (0.35) +8.3%
Free cash flow 1.48 0.83 0.99 3.41 0.93 3.04 3.07 0.78 1.12 1.56 1.64 +0.6%
Book value 8.70 9.23 8.95 12.38 13.58 15.12 13.07 13.15 13.20 12.00 12.48 +3.6%
Shares, m 58 59 59 59 60 60 58 57 57 56 56 (0.3%)
Valuation, ×
Valuation, × P/E 40.94 81.29 25.62 15.03 68.22 34.03 24.29 82.61 108.25 91.13 48.20 57.1
P/S 5.04 5.20 4.32 6.88 10.00 7.97 6.36 10.31 8.37 4.49 4.78 6.9
P/B 3.91 4.10 3.41 4.00 6.03 6.14 5.48 6.09 4.68 2.96 3.13 4.7
EV/Sales 4.40 4.54 3.77 5.90 9.08 7.21 5.82 9.61 7.65 3.93 4.21 6.2
EV/FCF 20.01 39.57 30.75 12.48 81.49 27.82 21.52 97.97 51.20 20.27 21.28 40.3
Cash, $m
Cash, $m Operating cash flow 98 82 84 224 126 231 215 66 81 112 111 +1.5%
Capex (12) (32) (26) (25) (70) (47) (38) (21) (17) (24) (19) +7.9%
Free cash flow 86 50 58 199 56 184 177 45 64 87 91 +0.2%
Balance, $m
Balance, $m Working capital 274 313 284 491 539 614 467 463 459 388 426 +3.9%
Net debt (250) (283) (229) (411) (449) (530) (354) (312) (300) (250) (263) 0.0%
Shareholders’ equity 503 548 527 725 810 912 755 752 750 673 697 +3.3%
Returns, %
Returns, % ROA 9.39 4.70 11.57 27.79 8.34 17.15 18.42 6.72 3.91 2.76 5.73 (6.6) pt
ROIC 12.09 13.60 11.65 43.27 12.20 28.67 28.09 4.97 2.49 1.51 3.43 (10.6) pt
ROE 10.50 5.26 13.02 30.91 9.27 19.09 20.49 7.39 4.29 3.11 6.53 (7.4) pt
People
People Employees 626 646 662 699 725 773 831 819 865 877 — +3.8%
Revenue/emp, $m 0.62 0.67 0.63 0.60 0.67 0.91 0.78 0.54 0.48 0.51 — (2.3%)
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Power Integrations, Inc. vs peers in Semiconductors (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
SYNA Synaptics Incorporated $4.6B — (loss-making) — (loss-making) +0.51% (above 0%: growing) n/m −342.22% (below 0%: shrinking) 47.76% (4.32%) Compare
MXL MaxLinear, Inc $4.0B — (loss-making) 243× +72.43% (above 0%: growing) n/m −786.91% (below 0%: shrinking) 58.73% 13.86% Compare
VSH Vishay Intertechnology, Inc. $3.4B 34.1× 31.7× +23.82% (above 0%: growing) n/m +504.83% (above 0%: growing) 25.48% 9.42% Compare
DIOD Diodes Incorporated $3.2B 27.6× 24.0× +35.81% (above 0%: growing) +206.45% (above 0%: growing) −29.66% (below 0%: shrinking) 36.14% 11.91% Compare
POWI Power Integrations, Inc. $2.2B 48.2× 60.7× +5.51% (above 0%: growing) n/m +50.14% (above 0%: growing) 55.56% 15.24%
NVTS Navitas Semiconductor Corporation $2.1B — (loss-making) — (loss-making) +38.36% (above 0%: growing) n/m −79.86% (below 0%: shrinking) 39.35% (245.72%) Compare
LASR nLight $1.7B — (loss-making) — (loss-making) +33.78% (above 0%: growing) n/m +576.25% (above 0%: growing) 31.15% (4.32%) Compare
IMOS Chipmos Technologies $1.5B 20.9× — +25.55% (above 0%: growing) n/m −9.79% (below 0%: shrinking) 17.96% 12.84% Compare
HIMX Himax Technologies, Inc. $1.3B 37.9× 25.0× +5.85% (above 0%: growing) +10.00% (above 0%: growing) −76.68% (below 0%: shrinking) 33.09% 10.80% Compare
Median of peers $2.6B 30.8× 28.4× +29.66% — −53.17% 34.62% 10.11%

All 68 Semiconductors stocks →

Pay and ownership Proxy statement filed 21 April 2026

Ownership

Directors and executive officers, together 1.20%
BlackRock, Inc. 14.77%
The Vanguard Group, Inc. 13.57%
State Street Corporation 6.11%
Neuberger Berman Group LLC 5.88%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Power Integrations, Inc. (POWI) Latest News

5 Nov

Impact 3 · · The Motley Fool transcript
Impact 3 · · MarketBeat transcript

4 Nov

Impact 3 · · Business Wire

19 Oct

8 May

Impact 4 · · MarketBeat

POWI metrics, ten years each

stockrow.com/POWI · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com