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. In the quarter to June 2026, revenue grew 2.66%, EPS grew 800.0% and free cash flow fell 23.6%, each against the same quarter a year earlier. Dividend growth for ten consecutive years.

44.50 0.47 −1.05%
Market cap
$2.5B
P/E
96.7×
Fwd P/E
112×
Dividend yield
1.92%
F-score
7/9
Altman Z
14.47
Beneish M
−3.38
Dividend safety
54/100

Insider Decisions trades per month

Total sells 30.24
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 3 — 3 7 — 1 8 — 1 — — —
Insider Ownership 1.49%

Capital & Financial Ratios $m

Market Cap 2,510.00
Revenue 449.37
Net Income 25.07
Free Cash Flow 79.19
Net Debt (262.61)
Current Ratio 7.07 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 96.74 (above 35: high)
Fwd P/E 112.00 (above 35: high)
P/S ratio 5.52
P/B ratio 3.65
Past 5Y EPS Growth (19.73%) (below 0%: weak)
This Y EPS Growth 12.00%
Next Y EPS Growth 32.86% (at or above 15%: strong)
Next Y revenue growth 7.64%
Next 5Y EPS Growth 31.92% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 86.62%
10-year low 10-year high
P/S against its own 10 years 34.87%
10-year low 10-year high
P/B against its own 10 years 15.52%
10-year low 10-year high
EV/Sales against its own 10 years 35.09%
10-year low 10-year high
EV/FCF against its own 10 years 44.19%
10-year low 10-year high

Dividends

Payout Ratio 1.90
Annual Dividend Rate 0.86
Annual Dividend Yield 1.92%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.86
0.22
0.22
0.22
2025 0.84
0.21
0.21
0.21
0.21
2024 0.81
0.20
0.20
0.20
0.21
2023 0.77
0.19
0.19
0.19
0.20
2022 0.72
0.18
0.18
0.18
0.18
2021 0.54
0.13
0.13
0.13
0.15
2020 0.42
0.10
0.11
0.11
0.11
2019 0.35
0.09
0.09
0.09
0.10
2018 0.32
0.08
0.08
0.08
0.08
2017 0.28
0.07
0.07
0.07
0.07
2016 0.26
0.07
0.07
0.07
0.07
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 312 300 250 263
Receivables 15 27 18 27
Inventory 163 166 167 158
Other — — — —
512 514 458 471
2023 2024 2025 Q'26
Payables 26 30 34 29
ST’ Debt — — — —
Other — — — —
49 55 70 67

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%)

Revenue $m

Mar Jun Sep Dec Year
’26 108 119 — — —
’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 — — —
’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 — — —
’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.

EPS $

Mar Jun Sep Dec Year
’26 0.06 0.17 — — —
’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.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 19.77 30.72 23.68 27.90 38.57 73.04 59.16 66.90 56.63 30.86

Analyst estimates 2026–2028

Powerpack
High 35.00 43.30 40.25 51.19 82.03 110.66 98.92 99.60 85.00 68.20
People
People Employees 626 646 662 699 725 773 831 819 865 877
Revenue/emp, $m 0.62 0.67 0.63 0.60 0.67 0.91 0.78 0.54 0.48 0.51
Income, $m
Income, $m Revenue 390 432 416 421 488 703 651 445 419 444
Gross margin, % 49.32 49.49 51.64 50.73 49.88 51.28 56.35 51.50 53.64 54.49
EBT 50 60 60 222 75 176 183 46 31 21
EBT margin, % 12.82 13.97 14.37 52.87 15.41 25.04 28.17 10.33 7.34 4.73
Net income 49 28 70 193 71 164 171 56 32 22
Depreciation 24 26 24 24 29 37 41 37 33 27
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
Earnings 0.83 0.47 1.19 3.31 1.19 2.73 2.96 0.97 0.57 0.39
Cash flow 1.69 1.38 1.43 3.84 2.11 3.83 3.73 1.15 1.43 1.99
Capex (0.21) (0.55) (0.43) (0.43) (1.17) (0.78) (0.66) (0.37) (0.30) (0.43)
Free cash flow 1.48 0.83 0.99 3.41 0.93 3.04 3.07 0.78 1.12 1.56
Book value 8.70 9.23 8.95 12.38 13.58 15.12 13.07 13.15 13.20 12.00
Shares, m 58 59 59 59 60 60 58 57 57 56
Valuation, ×
Valuation, × P/E 40.94 81.29 25.62 15.03 68.22 34.03 24.29 82.61 108.25 91.13
P/S 5.04 5.20 4.32 6.88 10.00 7.97 6.36 10.31 8.37 4.49
P/B 3.91 4.10 3.41 4.00 6.03 6.14 5.48 6.09 4.68 2.96
EV/Sales 4.40 4.54 3.77 5.90 9.08 7.21 5.82 9.61 7.65 3.93
EV/FCF 20.01 39.57 30.75 12.48 81.49 27.82 21.52 97.97 51.20 20.27
Cash, $m
Cash, $m Operating cash flow 98 82 84 224 126 231 215 66 81 112
Capex (12) (32) (26) (25) (70) (47) (38) (21) (17) (24)
Free cash flow 86 50 58 199 56 184 177 45 64 87
Balance, $m
Balance, $m Working capital 274 313 284 491 539 614 467 463 459 388
Total debt — — — 9 10 11 9 — — —
Net debt (250) (283) (229) (411) (449) (530) (354) (312) (300) (250)
Shareholders’ equity 503 548 527 725 810 912 755 752 750 673
Returns, %
Returns, % ROA 9.39 4.70 11.57 27.79 8.34 17.15 18.42 6.72 3.91 2.76
ROIC 12.09 13.60 11.65 43.27 12.20 28.67 28.09 4.97 2.49 1.51
ROE 10.50 5.26 13.02 30.91 9.27 19.09 20.49 7.39 4.29 3.11
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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 $4.7B — (loss-making) — (loss-making) +8.91% (above 0%: growing) n/m +9.29% (above 0%: growing) 47.34% (5.23%) Compare
VSH Vishay Intertechnology, Inc. $4.4B 134× 73.7× +16.57% (above 0%: growing) +1,318.92% (above 0%: growing) +114.09% (above 0%: growing) 23.34% 6.02% Compare
DIOD Diodes Incorporated $3.9B 44.1× 39.8× +21.66% (above 0%: growing) +3.03% (above 0%: growing) +31.47% (above 0%: growing) 33.12% 7.47% Compare
POWI Power Integrations, Inc. $2.5B 96.7× 112× +2.66% (above 0%: growing) +800.00% (above 0%: growing) −23.62% (below 0%: shrinking) 54.34% 7.48%
NVTS Navitas Semiconductor Corporation $2.4B — (loss-making) — (loss-making) −27.34% (below 0%: shrinking) n/m −171.50% (below 0%: shrinking) 38.73% (258.24%) Compare
IMOS Chipmos Technologies $2.3B 30.0× — +25.55% (above 0%: growing) n/m −9.79% (below 0%: shrinking) 17.96% 12.84% Compare
HIMX Himax Technologies, Inc. $2.1B 56.6× 50.2× +5.85% (above 0%: growing) +10.00% (above 0%: growing) −76.68% (below 0%: shrinking) 33.09% 10.80% Compare
LASR nLight $2.1B — (loss-making) — (loss-making) +33.78% (above 0%: growing) n/m +576.25% (above 0%: growing) 31.15% (4.32%) Compare
WOLF Wolfspeed, Inc. $1.4B — (loss-making) — — n/m — 100.00% 100.00% Compare
Median of peers $2.3B 50.3× 50.2× +16.57% +10.00% +9.29% 33.11% 6.75%

All 67 Semiconductors stocks →

Power Integrations, Inc. (POWI) key facts

  • Concern: Net income was $22.1 million, or $0.39 per share (basic), a net margin of 4.98%.
  • Strength: Power Integrations, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $443.5 million, up 5.86% from fiscal 2024.
  • Power Integrations, Inc. (POWI) is a Semiconductors company in the Technology sector, listed on Nasdaq.
  • As of October 16, 2026, POWI traded at $44.50, a market capitalization of $2.5 billion.
  • At that price the stock trades at 96.7× trailing-twelve-month earnings and 5.5× sales; its P/E is higher than 87% of its own readings over the past ten years.
  • Power Integrations, Inc. pays an annual dividend of $0.86 per share, a yield of 1.92%, with a payout ratio of 190.0%.
  • Return on equity was 3.11% and debt-to-equity 0.00.
  • Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 14.47 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Power Integrations, Inc. (POWI) Latest News

10 Jul

1 Jul

stockrow.com/POWI · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com