POWI
POWER INTEGRATIONS INC
Next earnings Aug 4, 2026 (after close) · consensus $0.33 EPS, $120M rev
Last earnings -8.2% on 2026-05-07
$79.37
▼ -6.41%$79.37▲ +47.24%
over 1Y
L $30.52EODHDH $87.35
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-6.4%
1W-9.1%
1M-8.4%
3M+60.7%
YTD+114.3%
1Y+47.2%
Hold
Conviction
Horizon
Long (>12mo)
Street · 10 analysts
Buy
High-margin power-semi franchise at a deep earnings trough with a fortress balance sheet, but a 223x P/E prices in a full recovery.
Revenue $444M · FY2025
The read
Middling fundamentals and a rich price (~96% above fair value) leave little margin of safety — a wait-and-see.
Power Integrations is a high-quality analog/power semiconductor company — its 54.5% gross margin reflects a differentiated, IP-rich product line. But the company is at a cyclical earnings trough. FY2025 revenue of $444M (up 5.9%, the first growth after a steep decline from $703M in FY2021) is well below peak, and profitability has collapsed: net income fell 31.5% to $22.1M and operating income dropped 43.1% to just $10.2M (a 2.3% operating margin), because fixed costs — notably $101M of sustained R&D — are spread over depressed revenue. The gap between a 54.5% gross margin and a 2.3% operating margin is the entire bull case: enormous operating leverage waiting for volumes to recover.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $703M | $651M | $445M | $419M | $444M |
| Gross profit | $361M | $367M | $229M | $225M | $242M |
| Operating income | $175M | $180M | $35.1M | $17.9M | $10.2M |
| Net income | $164M | $171M | $55.7M | $32.2M | $22.1M |
| Diluted EPS | $2.67 | $2.93 | $0.97 | $0.56 | $0.39 |
| Net margin | 23.4% | 26.2% | 12.5% | 7.7% | 5.0% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$4.35B
EV / EBITDA—
EV / Sales9.8
EV / FCF49.9
P / FCF50.6
PEG (trailing)—
Earnings yield0.5%
FCF yield2.0%
Quality & risk
ROIC (est.)1.2%
Free cash flow$87.1M
Total debt—
Net cash$58.8M
Altman Z-Score29.04 safe
Piotroski F-Score6/8
Capital returns
Buyback yield2.2%
Dividend yield (est.)1.1%
Shareholder yield3.3%
Shares Δ YoY-2.5%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsSome governance/structural items recently, but no outright red flags.
- 8-K Shareholder vote2026-06-04
- 8-K Officer / director change2026-05-07
- 10-Q Quarterly report2026-05-07
- DEF 14A Proxy statement2026-04-21
- 10-K Annual report2026-02-06
- 8-K Exit / restructuring costs2026-02-05
- 8-K Officer / director change2026-01-30
- 8-K Officer / director change2025-11-18
- 8-K Earnings results2025-11-05
Recent filings
all on EDGAR ↗8-KPeriod ending 2026-06-032026-06-04open ↗SCHEDULE 13G/AFiling2026-06-04open ↗4Period ending 2026-05-292026-06-02open ↗4Period ending 2026-05-272026-05-29open ↗4Period ending 2026-05-282026-05-29open ↗144Filing2026-05-29open ↗4Period ending 2026-05-262026-05-28open ↗4Period ending 2026-05-262026-05-28open ↗4Period ending 2026-05-262026-05-28open ↗144Filing2026-05-28open ↗144/AFiling2026-05-28open ↗144Filing2026-05-27open ↗
Frequently asked
- Is POWER INTEGRATIONS INC (POWI) a buy?
- POWI currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. High-margin power-semi franchise at a deep earnings trough with a fortress balance sheet, but a 223x P/E prices in a full recovery.
- What is POWI's fair value?
- A Modified-Graham model based on POWI's SEC fundamentals estimates a fair value of about $2.83. It is an estimate from reported earnings, not a price target.
- Is POWI overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, POWI currently appears overvalued relative to its SEC-grounded earnings power.
- What is POWER INTEGRATIONS INC's quality score?
- POWI scores 50.56862745098039/100 (grade C-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0000833640, latest 10-Q filed 2026-05-07) · EODHD · analysis by claude-code · as of 6/21/2026, 8:59:43 PM.
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