Inferra AI / Company / POWI

Power Integrations Inc

POWI · Information Technology

Last earnings Aug 5, 2026

Key results

Revenuequarter

15 percent

Revenues increased 15 percent year-over-year to $105.5 million

SEC original ↗Power Integrations Inc — Earnings release (8-K exhibit)EX-99May 12, 2025

Net revenuequarter

$105.5 million

Net revenues for the first quarter were $105.5 million, up slightly compared to the prior quarter and up 15 percent from the first quarter of 2024.

SEC original ↗Power Integrations Inc — Earnings release (8-K exhibit)EX-99May 12, 2025

GAAP net incomequarter

$8.8 million

GAAP net income for the first quarter was $8.8 million or $0.15 per diluted share compared to $0.16 per diluted share in the prior quarter and $0.07 per diluted share in the first quarter of 2024.

SEC original ↗Power Integrations Inc — Earnings release (8-K exhibit)EX-99May 12, 2025

Non-GAAP net incomequarter

$17.9 million

Non-GAAP net income for the first quarter of 2025 was $17.9 million or $0.31 per diluted share compared to $0.30 per diluted share in the prior quarter and $0.18 per diluted share in the first quarter of 2024.

SEC original ↗Power Integrations Inc — Earnings release (8-K exhibit)EX-99May 12, 2025

Gross marginquarter

$58,235 thousand

GROSS PROFIT 58,235 57,267 47,780

SEC original ↗Power Integrations Inc — Earnings release (8-K exhibit)EX-99May 12, 2025

Research and developmentquarter

$24,095 thousand

Research and development 24,095 25,689 23,225

SEC original ↗Power Integrations Inc — Earnings release (8-K exhibit)EX-99May 12, 2025

Net incomequarter

$8,790 thousand

NET INCOME $ 8,790 $ 9,140 $ 3,954

SEC original ↗Power Integrations Inc — Earnings release (8-K exhibit)EX-99May 12, 2025

EPSquarter

$ 0.15

Diluted $ 0.15 $ 0.16 $ 0.07

SEC original ↗Power Integrations Inc — Earnings release (8-K exhibit)EX-99May 12, 2025

Non-GAAP Gross marginquarter

$59,039 thousand

gross profit $ 59,039 $ 57,955 $ 48,608

SEC original ↗Power Integrations Inc — Earnings release (8-K exhibit)EX-99May 12, 2025

Operating expensesquarter

$51,517 thousand

operating expenses $ 51,517 $ 53,348 $ 47,310

SEC original ↗Power Integrations Inc — Earnings release (8-K exhibit)EX-99May 12, 2025

Non-GAAP EPSquarter

57,123

diluted) 57,123 57,097 57,132

SEC original ↗Power Integrations Inc — Earnings release (8-K exhibit)EX-99May 12, 2025

AI analysis

Q2 2025 · reported May 12, 2025

Based on: Earnings release + parent 8-K — transcript not held

Net revenue · Q2 2025

$105.5M

EX-99 · May 12, 2025

Diluted EPS · GAAP · Q2 2025

$0.15

EX-99 · May 12, 2025

GAAP net income · Q2 2025

$8.8M

EX-99 · May 12, 2025

Diluted EPS · non-GAAP · Q2 2025

$0.31

EX-99 · May 12, 2025

Headline figures

Metric	Q2 2025	Prior qtr	Year ago
Revenue	15 percent	—	—
Net revenue	$105.5 million	—	—
GAAP net income	$8.8 million	—	—
Non-GAAP net income	$17.9 million	—	—
Gross margin	$58,235 thousand	—	—
Research and development	$24,095 thousand	—	—
Net income	$8,790 thousand	—	—
EPS	$ 0.15	—	—

EX-99 · May 12, 2025

Guidance · company-stated

No guidance located in the held release

Stated figure53.3 percent

“gross margin is expected to be between 53.3 percent and 54.4 percent”

Next earningsNo verified date on fileNo date is estimated or imported

Margin

Gross margin$58,235 thousand

Non-GAAP Gross margin$59,039 thousand

Capital allocation

First-Quarter Financial Results revenue15 percent

Dividend$0.21

A dividend$0.21

htm EX-99.1 POWI - Q1 25 - 8-K - EX99.1 Exhibit 99.1 Power Integrations Reports First-Quarter Financial Results Revenues increased 15 percent year-over-year to $105.5 million; GAAP earnings were $0.15 per diluted share; non-GAAP earnings were $0.31 per diluted share New $50M share-repurchase authorization follows completion of prior $50M buyback SAN JOSE, CALIF.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

In addition to its GAAP results, the company provided non-GAAP measures that exclude stock-based compensation, amortization of acquisition-related intangible assets and the related tax effects

Based on: Earnings release + parent 8-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

SEC original ↗Power Integrations Inc — Earnings release (8-K exhibit)EX-99May 12, 2025

Additional Highlights Power Integrations repurchased 404 thousand shares of its common stock during the quarter for $23.1 million, leaving $25.0 million on its repurchase authorization as of March 31.

SEC original ↗Power Integrations Inc — Earnings release (8-K exhibit)EX-99May 12, 2025

The company repurchased an additional 560 thousand shares in April, utilizing the remaining $25 million.

SEC original ↗Power Integrations Inc — Earnings release (8-K exhibit)EX-99May 12, 2025

The company s board of directors has authorized an additional $50 million for share repurchases.

SEC original ↗Power Integrations Inc — Earnings release (8-K exhibit)EX-99May 12, 2025

Power Integrations paid a dividend of $0.21 per share on March 31, 2025.

SEC original ↗Power Integrations Inc — Earnings release (8-K exhibit)EX-99May 12, 2025

A dividend of $0.21 per share will be paid on June 30, 2025, to stockholders of record as of May 30, 2025.

SEC original ↗Power Integrations Inc — Earnings release (8-K exhibit)EX-99May 12, 2025

Strategy & priorities

We are utilizing our strong balance sheet to buy back shares amidst market volatility, while remaining focused on big-picture trends driving demand for innovative high-voltage semiconductor technologies, such as energy efficiency, AI, electrification, and a cleaner, more modern power grid.

SEC original ↗Power Integrations Inc — Earnings release (8-K exhibit)EX-99May 12, 2025

Risks & headwinds

Commented Balu Balakrishnan, chairman and CEO of Power Integrations: While trade policy adds uncertainty to the second-half outlook, order trends have remained steady, channel inventories are at normal levels, and we expect healthy sequential growth in the second quarter.

SEC original ↗Power Integrations Inc — Earnings release (8-K exhibit)EX-99May 12, 2025

Due to risks and uncertainties associated with the company s business, actual results could differ materially from those projected or implied by these statements.

SEC original ↗Power Integrations Inc — Earnings release (8-K exhibit)EX-99May 12, 2025

In addition, new product introductions and design wins are subject to the risks and uncertainties that typically accompany development and delivery of complex technologies to the marketplace, including product development delays and defects and market acceptance of the new products.

SEC original ↗Power Integrations Inc — Earnings release (8-K exhibit)EX-99May 12, 2025

Competitors