Earnings Releases·Nov 4, 2026, 4:02 PM ET

Power Integrations — Third Quarter 2026 Earnings Summary

Revenue reached $125.5 million, up 5% sequentially and 6% year-over-year, driven by PowiGaN™ products and strength in the industrial market; GAAP net income improved to $18.3 million ($0.32/share) from a $1.4 million loss in the prior year quarter.
Q4 2026 revenue guidance is set between $118.0 million and $126.0 million, with non-GAAP operating margins expected to range from 19.0% to 21.0%.
The company announced a commitment to pay quarterly dividends of $0.22 per share for all four quarters of 2027, following a $0.215 per share payment in the current quarter.
Cash and cash equivalents increased to $96.8 million as of September 30, 2026, while operating expenses were reduced to $50.6 million (GAAP) compared to $68.8 million in the same period last year.