Friday 6 November 2026
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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%
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Target Price Range
Analyst price targets
Free accountTen 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
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% |
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
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6 Aug
5 Aug
POWI metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score