Power Integrations (NASDAQ:POWI) Releases Quarterly Earnings Results, Beats Estimates By $0.05 EPS

Posted by Francis Steltz on Aug 7th, 2026

Power Integrations (NASDAQ:POWI – Get Free Report) announced its earnings results on Wednesday. The semiconductor company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.32 by $0.05, FiscalAI reports. The firm had revenue of $118.94 million for the quarter, compared to the consensus estimate of $117.44 million. Power Integrations had a net margin of 5.58% and a return on equity of 5.52%. The business’s quarterly revenue was up 2.6% on a year-over-year basis. During the same period last year, the company posted $0.35 EPS.

Here are the key takeaways from Power Integrations’ conference call:

Q2 revenue rose 10% sequentially to $118.9 million, with growth across all four end-market categories; non-GAAP operating margin expanded to 17.1% and free cash flow reached $18 million.
Industrial revenue grew 14% in Q2 and 16% year-to-date, while automotive revenue is on track to double in 2026. The company also cited new automotive GaN and utility-scale battery-storage design wins.
Power Integrations expects Q3 revenue of $122 million to $130 million, with communications, computer, and industrial sales continuing to grow; it now expects full-year non-GAAP operating expenses to decline by low single digits.
Channel inventory declined to 7.3 weeks, returning to management’s targeted healthy range, while the company expects further inventory reductions in the second half and believes its supply-chain structure could support customer upside.
The demonstrated 2,200-volt PowiGaN technology strengthens the company’s long-term data-center, automotive, and infrastructure roadmap, but management said meaningful products and revenue are likely several years away; near-term data-center revenue is expected primarily from auxiliary-power designs around 2028.

Power Integrations Price Performance

NASDAQ POWI traded up $5.61 during trading on Friday, reaching $64.59. 594,015 shares of the company’s stock were exchanged, compared to its average volume of 1,018,949. The business has a 50 day moving average price of $74.00 and a 200-day moving average price of $62.00. The stock has a market capitalization of $3.60 billion, a P/E ratio of 143.54 and a beta of 1.58. Power Integrations has a fifty-two week low of $30.86 and a fifty-two week high of $91.18.

Power Integrations Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, August 31st will be issued a $0.215 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, August 31st. Power Integrations’s dividend payout ratio is presently 286.67%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on POWI shares. Stifel Nicolaus dropped their target price on Power Integrations from $95.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday. Zacks Research cut shares of Power Integrations from a “strong-buy” rating to a “hold” rating in a report on Monday, July 20th. Susquehanna raised their target price on shares of Power Integrations from $70.00 to $85.00 and gave the company a “positive” rating in a research report on Friday, May 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Power Integrations in a research report on Friday, May 8th. Finally, Needham & Company LLC decreased their price target on Power Integrations from $90.00 to $80.00 and set a “buy” rating for the company in a research note on Thursday. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $72.67.

Read Our Latest Analysis on Power Integrations

Insider Activity

In related news, VP Sunil Gupta sold 6,860 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $83.67, for a total transaction of $573,976.20. Following the transaction, the vice president directly owned 64,379 shares of the company’s stock, valued at approximately $5,386,590.93. The trade was a 9.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Nicholas Brathwaite sold 1,728 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $86.62, for a total value of $149,679.36. Following the sale, the director directly owned 22,226 shares of the company’s stock, valued at $1,925,216.12. This represents a 7.21% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 334,772 shares of company stock valued at $27,322,535 over the last three months. Insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Snyder Capital Management L P raised its holdings in Power Integrations by 148.8% during the 4th quarter. Snyder Capital Management L P now owns 2,064,707 shares of the semiconductor company’s stock worth $73,380,000 after purchasing an additional 1,234,981 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in Power Integrations by 1,885.7% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 943,365 shares of the semiconductor company’s stock valued at $33,528,000 after acquiring an additional 895,857 shares during the last quarter. Wellington Management Group LLP grew its holdings in Power Integrations by 35.7% during the 3rd quarter. Wellington Management Group LLP now owns 2,261,281 shares of the semiconductor company’s stock worth $90,926,000 after acquiring an additional 595,404 shares during the period. State Street Corp lifted its stake in shares of Power Integrations by 18.0% in the 4th quarter. State Street Corp now owns 3,400,970 shares of the semiconductor company’s stock valued at $120,870,000 after purchasing an additional 518,284 shares during the period. Finally, Squarepoint Ops LLC increased its holdings in Power Integrations by 843.8% in the second quarter. Squarepoint Ops LLC now owns 519,952 shares of the semiconductor company’s stock worth $29,065,000 after purchasing an additional 464,858 shares in the last quarter.

Power Integrations Company Profile

(Get Free Report)

Power Integrations, Inc, based in Hillsboro, Oregon, specializes in the design and development of high-performance analog and mixed-signal integrated circuits for energy-efficient power conversion. The company’s products are used to convert and regulate electrical power in a wide range of applications, from consumer electronics and industrial systems to communications equipment and electric vehicle charging. By providing compact, reliable, and highly integrated solutions, Power Integrations aims to reduce system size, improve efficiency, and simplify thermal management for its customers.

The firm’s product portfolio encompasses isolated and non-isolated switching controllers for both AC-DC and DC-DC power conversion.