POWER INTEGRATIONS, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $443.5M | $419.0M | $444.5M | $651.1M | $703.3M | $488.3M | $420.7M |
| Cost of Revenue | — | $201.9M | $194.2M | $215.6M | $284.2M | $342.6M | $244.7M | $207.3M |
| Gross Profit | — | $241.6M | $224.8M | $229.0M | $366.9M | $360.6M | $243.6M | $213.4M |
| Gross Margin | — | 54.5% | 53.6% | 51.5% | 56.3% | 51.3% | 49.9% | 50.7% |
| Operating Expenses | ||||||||
| Research & Development | — | $101.1M | $100.8M | $96.1M | $93.9M | $84.9M | $81.7M | $73.5M |
| SG&A Expense | — | $42.7M | $38.2M | $33.2M | $28.9M | $39.8M | $36.9M | $37.6M |
| Operating Income | — | $10.2M | $17.9M | $35.1M | $180.4M | $175.1M | $70.5M | $217.0M |
| Operating Margin | — | 2.3% | 4.3% | 7.9% | 27.7% | 24.9% | 14.4% | 51.6% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | $21.0M | $30.8M | $45.9M | $183.4M | $176.1M | $75.3M | $222.4M |
| Income Tax Expense | — | $-1.1M | $-1.5M | $-9.8M | $12.6M | $11.7M | $4.1M | $28.9M |
| Net Income | — | $22.1M | $32.2M | $55.7M | $170.9M | $164.4M | $71.2M | $193.5M |
| Net Margin | — | 5.0% | 7.7% | 12.5% | 26.2% | 23.4% | 14.6% | 46.0% |
| EPS (Basic) | — | $0.39 | $0.57 | $0.97 | $2.96 | $2.73 | $1.19 | $3.31 |
| EPS (Diluted) | — | $0.39 | $0.56 | $0.97 | $2.93 | $2.67 | $1.17 | $3.24 |
| Shares Outstanding (Basic) | 55.5M | 56.1M | 56.8M | 57.2M | 57.8M | 60.3M | 59.7M | 58.5M |
| Shares Outstanding (Diluted) | 55.5M | 56.3M | 57.1M | 57.6M | 58.4M | 61.5M | 60.8M | 59.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |