MARKETS / NASDAQ / POWI

NASDAQ · SEMICONDUCTORS & RELATED DEVICES · LARGE CAP

Power Integrations Inc. POWI

18 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$443.5M

▲ 5.9% YoY

Net income

$22.1M

▼ 31.5% YoY

Free cash flow

$87.1M

▲ 36.4% YoY

In brief

What this company does

Power Integrations designs, develops and markets analog and mixed-signal integrated circuits and other electronic components and circuitry used in high-voltage power conversion. It contracts with three foundries for the manufacture of the vast majority of its silicon wafers: Lapis Semiconductor Co., Ltd., Seiko Epson Corporation, and X-FAB Semiconductor Foundries AG. It has sales offices in the United States, United Kingdom, Germany, Italy, India, China, Japan, South Korea, the Philippines, Canada, Singapore and Taiwan. As of December 31, 2025, it employed 877 full-time personnel across 15 countries, with 339 residing in North America, 421 in the Asia-Pacific region and 117 across Europe. Its top ten customers, including distributors that resell to OEMs and merchant power supply manufacturers, accounted for approximately 81%, 79% and 80% of net revenue in 2025, 2024 and 2023, respectively. As of December 31, 2025, it held 281 U.S. and 329 foreign patents. Power Integrations, Inc. was incorporated in California on March 25, 1988, and reincorporated in Delaware in December 1997.

Written from the business description in POWER INTEGRATIONS INC's annual report to the U.S. Securities and Exchange Commission, filed 6 February 2026. Every sentence was checked against that document before publication.

Growth

USD 443.5M

Revenue, FY2025 · full 18-year series below

Revenue $M Net income $M

FY2025 · Revenue 443.5 · Net income 22.1

Compound annual growth

Revenue

−12.0%

−1.9%

+2.6%

Net income

−49.4%

−20.9%

−5.6%

−5.2%

EPS, diluted

−48.9%

−19.7%

Returned to shareholders

−25.6%

+39.3%

+7.9%

+14.3%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at −1.9% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

5 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 2.3% · Net 5.0%

ROE

FY2025 · ROE 3.1%

Gross margin54.5%

Operating margin2.3%

Net margin5.0%

Return on assets2.8%

EBITDAUSD 37.4M

Each USD of equity produced 3 cents of profit this year.

Cash & shareholders

USD 145.3M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 87.1

Net buybacks $M Dividends $M

FY2025 · Dividends 47.2 · Net buybacks 98.1

Dividends paidUSD 47.2M

Net buybacksUSD 98.1M

Share of profit657.5%

Consecutive raises—

USD 47.2M in dividends and USD 98.1M in buybacks — 658% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 772.2M

EquityUSD 672.8M

CashUSD 58.8M

Current ratio6.51×

Equity funds 87% of total assets.

The 18-year record

18 fiscal years

Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue $B	0.4	0.4	0.4	0.7	0.7	0.5	0.4	0.4	0.4	0.4	0.3	0.3	0.3	0.3	0.3	0.3	0.2	0.2
Operating income $B	0.0	0.0	0.0	0.2	0.2	0.1	0.2	0.1	0.1	0.0	0.0	0.1	0.1	0.0	0.0	0.1	0.0	0.0
EBITDA $B	0.0	0.1	0.1	0.2	0.2	0.1	0.2	0.1	0.1	0.1	0.1	0.1	0.1	0.0	0.1	0.1	0.0	0.0
Income tax $B	−0.0	−0.0	−0.0	0.0	0.0	0.0	0.0	−0.0	0.0	0.0	0.0	−0.0	−0.0	0.0	0.0	0.0	0.0	0.0
Net income $B	0.0	0.0	0.1	0.2	0.2	0.1	0.2	0.1	0.0	0.0	0.0	0.1	0.1	−0.0	0.0	0.0	0.0	0.0
Free cash flow $B	0.1	0.1	0.0	0.2	0.2	0.1	0.2	0.1	0.0	0.1	0.1	0.1	0.1	0.0	0.0	0.0	0.0	0.0
EPS, diluted $	0.39	0.56	0.97	2.93	2.67	1.17	3.24	1.16	0.90	1.65	1.32	1.93	1.88	−1.20	1.14	1.67	0.82	0.06
Dividend / sh $	·	·	·	·	·	·	·	·	·	·	·	·	0.08	·	·	·	·	·
Payout %	214	143	79	24	20	35	11	27	60	31	36	22	16	−17	17	11	12	40
ROE %	3.1	4.3	7.4	20.5	19.1	9.3	30.9	13.0	5.3	10.3	9.0	13.7	14.7	−9.8	9.6	15.6	8.6	0.7
Shares out B	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 88 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 7 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivitySemiconductors & Related Devices

Listed onNASDAQ

Incorporated inCalifornia

Fiscal year endsDecember 31

Data on record since2008