POWER INTEGRATIONS, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $443.5M | $419.0M | $444.5M | $651.1M | $703.3M | $488.3M | $421.2M | $421.3M |
| Communications | — | — | $56.7M | $111.4M | $153.2M | $115.0M | $87.0M | $98.1M |
| Computer | — | — | $40.8M | $55.3M | $63.7M | $43.7M | $32.6M | $37.8M |
| Consumer | — | — | $132.3M | $213.9M | $259.0M | $161.7M | $148.2M | $144.3M |
| Industrial | — | — | $214.7M | $270.5M | $227.4M | $167.9M | $153.4M | $141.1M |
| Cost of Revenue | $201.9M | $194.2M | $215.6M | $284.2M | $342.6M | $244.7M | $207.3M | $201.2M |
| Gross Profit | $241.6M | $224.8M | $229.0M | $366.9M | $360.6M | $243.6M | $213.4M | $214.8M |
| Gross Margin | 54.5% | 53.6% | 51.5% | 56.4% | 51.3% | 49.9% | 50.7% | 51.0% |
| Operating Expenses | ||||||||
| Research & Development | $101.1M | $100.8M | $96.1M | $93.9M | $84.9M | $81.7M | $73.5M | $70.6M |
| SG&A Expense | $42.7M | $38.2M | $33.2M | $28.9M | $39.8M | $36.9M | $37.6M | $35.5M |
| Operating Income | $10.2M | $17.9M | $35.1M | $180.4M | $175.1M | $70.5M | $217.0M | $55.6M |
| Operating Margin | 2.3% | 4.3% | 7.9% | 27.7% | 24.9% | 14.4% | 51.5% | 13.2% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $21.0M | $30.8M | $45.9M | $183.4M | $176.1M | $75.3M | $222.4M | $59.8M |
| Income Tax Expense | $-1.1M | $-1.5M | $-9.8M | $12.6M | $11.7M | $4.1M | $28.9M | $-10.2M |
| Net Income | $22.1M | $32.2M | $55.7M | $170.9M | $164.4M | $71.2M | $193.5M | $70.0M |
| Net Margin | 5.0% | 7.7% | 12.5% | 26.2% | 23.4% | 14.6% | 45.9% | 16.6% |
| EPS (Basic) | $0.39 | $0.57 | $0.97 | $2.96 | $2.73 | $1.19 | $3.31 | $1.19 |
| EPS (Diluted) | $0.39 | $0.56 | $0.97 | $2.93 | $2.67 | $1.17 | $3.24 | $1.16 |
| Shares Outstanding (Basic) | 56.1M | 56.8M | 57.2M | 57.8M | 60.3M | 59.7M | 58.5M | 58.9M |
| Shares Outstanding (Diluted) | 56.3M | 57.1M | 57.6M | 58.4M | 61.5M | 60.8M | 59.6M | 60.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |