Tearsheet

Power Integrations (POWI)

Market Price (12/4/2025): $36.16 | Market Cap: $2.0 Bil
Sector: Information Technology | Industry: Semiconductors

Power Integrations (POWI)

Market Price (12/4/2025): $36.16
Market Cap: $2.0 Bil
Sector: Information Technology
Industry: Semiconductors

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Cash is significant % of market cap Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -11%	Weak multi-year price returns 2Y Excs Rtn is -102%, 3Y Excs Rtn is -123%	Expensive valuation multiples P/EBITPrice/EBIT or Price/(Operating Income) ratio is 420x, P/EPrice/Earnings or Price/(Net Income) is 125x
1	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 18%		Weak revenue growth Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -12%
2	Attractive yield Dividend Yield is 2.1%
3	Megatrend and thematic drivers Megatrends include Electric Vehicles & Autonomous Driving, Renewable Energy Transition, and Datacenter Power. Themes include EV Manufacturing, Show more.

0	Cash is significant % of market cap Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -11%
1	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 22%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 18%
2	Attractive yield Dividend Yield is 2.1%
3	Megatrend and thematic drivers Megatrends include Electric Vehicles & Autonomous Driving, Renewable Energy Transition, and Datacenter Power. Themes include EV Manufacturing, Show more.
4	Weak multi-year price returns 2Y Excs Rtn is -102%, 3Y Excs Rtn is -123%
5	Expensive valuation multiples P/EBITPrice/EBIT or Price/(Operating Income) ratio is 420x, P/EPrice/Earnings or Price/(Net Income) is 125x
6	Weak revenue growth Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -12%

Valuation, Metrics & Events

	12/4/25	2024	2023	2022	2021
Share Price CYE	$36.16	$60.57	$79.67	$68.94	$88.49
Market Cap CYE ($ Bil)	2.0	3.4	4.5	3.9	5.3
Total Debt ($ Bil)	0.0	0.0	0.0	0.0	0.0
Total Cash ($ Bil)	0.2	0.3	0.3	0.4	0.5
Enterprise Value ($ Bil)	1.8	3.4	4.5	3.9	5.3
Valuation Ratios
P/S TTM	5.0	8.4	10.6	6.4	8.0
P/EBIT TTM	419.9	195.5	133.9	23.0	32.0
P/E TTM	124.9	108.8	84.3	24.3	34.1
Sector Ratios
P/S TTM (Sector)	0.0	0.0	0.0	0.0	0.0
P/EBIT TTM (Sector)	0.0	0.0	0.0	0.0	0.0
P/E TTM (Sector)	0.0	0.0	0.0	0.0	0.0

	12/4/25	2024	2023
Share Price CYE	$36.16	$60.57	$79.67
Market Cap CYE ($ Bil)	2.0	3.4	4.5
Total Debt ($ Bil)	0.0	0.0	0.0
Total Cash ($ Bil)	0.2	0.3	0.3
Enterprise Value ($ Bil)	1.8	3.4	4.5
Valuation Ratios
P/S TTM	5.0	8.4	10.6
P/EBIT TTM	419.9	195.5	133.9
P/E TTM	124.9	108.8	84.3
Sector Ratios
P/S TTM (Sector)	0.0	0.0	0.0
P/EBIT TTM (Sector)	0.0	0.0	0.0
P/E TTM (Sector)	0.0	0.0	0.0

	POWI	S&P 500
REVENUE GROWTH
Rev LTM ($ Bil)	0.4
Rev Chg Q	2.7%	7.1%
Rev Chg LTM	10.5%	6.1%
Rev Chg 3Y Avg	-12.3%	5.5%
PROFITABILITY	POOR
Op Inc LTM ($ Bil)	0.0
CFO LTM ($ Bil)	0.1
Net Inc LTM ($ Bil)	0.0
Op Mgn LTM	1.2%	18.8%
CFO/Rev LTM	22.5%	20.5%
Net Inc Mgn	4.0%	13.1%
VALUATION	HIGH
P/S	5.0	3.2
P/CFO	22.4	15.8
P/FCF	28.1	20.5
P/E	124.9	23.5
STABILITY	VERY GOOD
Debt/Equity	0.00	0.20
Cash/Assets	0.31	0.07

AI Generated Analysis | Feedback

Metric	Value	Date	Source
U.S. Patents	343	12312022	Link
Foreign Patents	329	12312022	Link
Customer Concentration (Top 10 Customers' Revenue Share)	80%	12312023	Link
Number of Customers Accounting for More Than 10% of Revenue	3	12312023	Link
Electric Vehicle Models Using Power Integrations' Products	over 40	11052025	Link
Automotive Design Wins (Passenger Cars)	6	9302025	Link

Recent
11/28/2025	Dividend	Amount: $0.21 Payment On: 12/31/2025
Upcoming
2/05/2026	Earnings Release	Rev: $103 Mil (E) EPS: $0.19 (E)

POWI Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Generated Analysis | Feedback

Between August 31, 2025, and December 4, 2025, Power Integrations (POWI) experienced an approximate stock decline of 19.3%, influenced by several key factors: **1. Downturn in Q4 2025 Revenue Guidance:** The company issued guidance for its fourth-quarter 2025 revenue, projecting between $100 million and $105 million. This forecast indicated a sequential decline in sales, primarily attributed to softness in the consumer appliance sector and typical seasonal reductions in industrial revenues, which was perceived negatively by investors.

**2. Mixed Q3 2025 Financial Results:** While Power Integrations reported non-GAAP earnings per share (EPS) of $0.36 and revenue of $118.92 million for Q3 2025, modestly beating consensus estimates, the GAAP EPS was a negative $(0.02). This GAAP loss was mainly due to elevated stock-based compensation and other operating expenses. The overall Q3 revenue decrease also reflected a less favorable end-market mix.

**3. Analyst Price Target Reductions and Downgrades:** During this period, several financial analysts adjusted their outlooks on POWI. For example, Susquehanna reduced its price objective from $70.00 to $55.00 in early August 2025, and Benchmark cut its target from $55.00 to $50.00 in early November 2025. Additionally, Wall Street Zen downgraded the stock from a "buy" to a "hold" rating in August 2025.

**4. Uncertainty from CFO Transition:** The announcement in late September 2025 regarding the departure of CFO Sandeep Nayyar, who was pursuing a new opportunity, introduced a degree of uncertainty among investors. Although a new CFO was named in mid-November 2025, the leadership change could have contributed to investor caution.

**5. Concerns over Reliance on Trade-Sensitive Appliance Sales:** Analysts highlighted ongoing concerns about Power Integrations' exposure to tariffs and its dependence on trade-sensitive appliance sales. This reliance was seen as a potential source of near-term challenges and was noted as weighing on the stock's performance.

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Stock Movement Drivers

Fundamental Drivers

The -17.1% change in POWI stock from 9/3/2025 to 12/3/2025 was primarily driven by a -47.0% change in the company's Net Income Margin (%).

	9032025	12032025	Change
Stock Price ($)	43.64	36.19	-17.07%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	442.47	445.55	0.70%
Net Income Margin (%)	7.59%	4.03%	-46.95%
P/E Multiple	73.11	112.54	53.94%
Shares Outstanding (Mil)	56.27	55.80	0.85%
Cumulative Contribution			-17.07%

LTM = Last Twelve Months as of date shown

Market Drivers

9/3/2025 to 12/3/2025

	Return	Correlation
POWI	-17.1%
Market (SPY)	6.2%	56.7%
Sector (XLK)	11.0%	48.1%

Fundamental Drivers

The -32.9% change in POWI stock from 6/4/2025 to 12/3/2025 was primarily driven by a -53.0% change in the company's Net Income Margin (%).

	6042025	12032025	Change
Stock Price ($)	53.96	36.19	-32.94%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	432.81	445.55	2.94%
Net Income Margin (%)	8.56%	4.03%	-52.98%
P/E Multiple	82.79	112.54	35.93%
Shares Outstanding (Mil)	56.87	55.80	1.89%
Cumulative Contribution			-32.96%

LTM = Last Twelve Months as of date shown

Market Drivers

6/4/2025 to 12/3/2025

	Return	Correlation
POWI	-32.9%
Market (SPY)	15.1%	57.5%
Sector (XLK)	22.7%	48.4%

Fundamental Drivers

The -44.2% change in POWI stock from 12/3/2024 to 12/3/2025 was primarily driven by a -56.5% change in the company's Net Income Margin (%).

	12032024	12032025	Change
Stock Price ($)	64.88	36.19	-44.22%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	403.23	445.55	10.50%
Net Income Margin (%)	9.27%	4.03%	-56.54%
P/E Multiple	98.66	112.54	14.06%
Shares Outstanding (Mil)	56.82	55.80	1.80%
Cumulative Contribution			-44.24%

LTM = Last Twelve Months as of date shown

Market Drivers

12/3/2024 to 12/3/2025

	Return	Correlation
POWI	-44.2%
Market (SPY)	14.3%	58.9%
Sector (XLK)	23.1%	56.5%

Fundamental Drivers

The -52.4% change in POWI stock from 12/4/2022 to 12/3/2025 was primarily driven by a -85.1% change in the company's Net Income Margin (%).

	12042022	12032025	Change
Stock Price ($)	75.97	36.19	-52.36%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	699.02	445.55	-36.26%
Net Income Margin (%)	27.00%	4.03%	-85.08%
P/E Multiple	23.01	112.54	389.03%
Shares Outstanding (Mil)	57.17	55.80	2.41%
Cumulative Contribution			-52.39%

LTM = Last Twelve Months as of date shown

Market Drivers

12/4/2023 to 12/3/2025

	Return	Correlation
POWI	-52.1%
Market (SPY)	53.2%	58.9%
Sector (XLK)	60.2%	57.0%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
POWI Return	67%	14%	-22%	16%	-24%	-43%	-26%
Peers Return	40%	32%	-19%	32%	-0%	31%	158%
S&P 500 Return	16%	27%	-19%	24%	23%	16%	112%
Monthly Win Rates [3]
POWI Win Rate	67%	42%	50%	58%	33%	40%
Peers Win Rate	60%	60%	37%	58%	50%	58%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
POWI Max Drawdown	-19%	-10%	-33%	-5%	-29%	-49%
Peers Max Drawdown	-36%	-11%	-40%	-15%	-28%	-27%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: MTSI, RMBS, CRUS, SLAB, IPGP.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/3/2025 (YTD)

How Low Can It Go

Unique Key	Event	POWI	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-43.6%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	77.4%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	Not Fully Recovered days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-27.3%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	37.5%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	65 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-40.2%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	67.3%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	269 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-57.5%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	135.4%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	340 days	1480 days

Compare to MTSI, RMBS, CRUS, SLAB, IPGP

In The Past

Power Integrations's stock fell -43.6% during the 2022 Inflation Shock from a high on 9/2/2021. A -43.6% loss requires a 77.4% gain to breakeven.

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About Power Integrations (POWI)

Power Integrations, Inc. designs, develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs), and other electronic components and circuitry used in high-voltage power conversion worldwide. The company provides a range of alternating current to direct current power conversion products that address power supply ranging from less than one watt of output to approximately 500 watts of output for mobile-device chargers, consumer appliances, utility meters, LCD monitors, main and standby power supplies for desktop computers and TVs, LED lighting, and various other consumer and industrial applications, as well as power conversion in high-power applications comprising industrial motors, solar and wind-power systems, electric vehicles, and high-voltage DC transmission systems. It also offers high-voltage diodes; high-voltage gate-driver products used to operate high-voltage switches, such as insulated-gate bipolar transistors and silicon-carbide MOSFETs under the SCALE and SCALE-2 product-family names; and SCALE-iDriver for use in powertrain and charging applications for electric vehicles. In addition, the company provides motor-driver ICs for use in refrigerator compressors, ceiling fans, and air purifiers, as well as pumps, fans, and blowers used in consumer appliances, such as dishwashers and laundry machines. It serves communications, computer, consumer, and industrial markets. The company sells its products to original equipment manufacturers and merchant power supply manufacturers through direct sales force, as well as a network of independent sales representatives and distributors. Power Integrations, Inc. was incorporated in 1988 and is headquartered in San Jose, California.

AI Generated Analysis | Feedback

Here are 1-3 brief analogies for Power Integrations (POWI):

A specialized Texas Instruments, focused on making power conversion chips incredibly energy-efficient.
The NVIDIA for power conversion chips, creating the high-performance, energy-efficient integrated circuits essential for most electronics.
Like Intel, but for managing the power inside your electronics, ensuring devices convert and use electricity with maximum efficiency.

AI Generated Analysis | Feedback

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High-voltage Power Conversion ICs: Integrated circuits designed to efficiently convert AC power to DC power for various electronic devices.
Gate Driver ICs: Specialized integrated circuits used to control power semiconductor switches such as MOSFETs and IGBTs in power conversion systems.
LED Lighting ICs: Integrated circuits optimized for highly efficient and reliable power supply solutions in LED lighting applications.
Gallium Nitride (GaN) Power ICs: Advanced integrated circuits leveraging GaN technology to provide higher efficiency, power density, and smaller solutions for power conversion.

```

AI Generated Analysis | Feedback

Power Integrations (POWI) sells primarily to other companies (B2B) that integrate its high-performance electronic components into their own products. Based on its annual filings, the company's major customers include:

Apple Inc. (Symbol: AAPL)
Samsung Electronics Co., Ltd. (Symbol: 005930.KS)

According to Power Integrations' 2023 annual report (10-K), sales to Apple Inc. accounted for approximately 18% of their revenue, and sales to Samsung Electronics Co., Ltd. accounted for approximately 10% of their revenue for the year ended December 31, 2023.

AI Generated Analysis | Feedback

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Jennifer Lloyd, President and CEO

Dr. Lloyd was appointed President, CEO, and a member of the board of directors in July 2025. She previously served in various engineering and business roles for nearly three decades at Analog Devices, Inc., a global semiconductor leader. She holds doctoral, master's, and bachelor's degrees in electrical engineering and computer science from the Massachusetts Institute of Technology. Dr. Lloyd is also the author of numerous technical papers and the recipient of eight U.S. patents.

Eric Verity, Interim CFO

Mr. Verity was appointed interim CFO effective October 4, 2025, following the departure of the previous CFO. He is a veteran member of Power Integrations' finance leadership team, having previously served as senior director of finance.

Balu Balakrishnan, Executive Chairman

Mr. Balakrishnan joined Power Integrations in 1989 and served in various roles, including president and COO from April 2001. He was named CEO and appointed to the company's board of directors in January 2002. In 2023, he was named chairman of the board and transitioned to executive chairman in 2025 upon retiring as CEO. He brings over 40 years of engineering, marketing, and management experience in the semiconductor industry, including product-line management responsibility at National Semiconductor Corporation.

Radu Barsan, Vice President, Technology

Dr. Barsan joined Power Integrations in 2013 as vice president of technology. Prior to this, he served as Chairman of the Board, CEO, and President of Redfern Integrated Optics, Inc., a privately held optoelectronics company, from 2001 to 2013. He has more than 30 years of commercial experience in semiconductor and optical components development, engineering, and operations, with previous roles at companies such as Phaethon Communications, Cirrus Logic, Advanced Micro Devices, Cypress Semiconductor, and Microelectronica. Dr. Barsan holds a Ph.D. in Microelectronics/Applied Sciences from the Université catholique de Louvain, Belgium.

Julie Currie, Chief People and Transformation Officer

Ms. Currie joined Power Integrations in November 2025. She possesses over 25 years of global experience leading people and organizational transformation within the technology sector. In her role, she oversees all aspects of Power Integrations' people strategy, including succession planning, leadership development, employee experience and engagement, workforce planning, organizational design, talent acquisition, culture, total rewards and wellbeing, and enterprise transformation.

AI Generated Analysis | Feedback

The accelerating adoption and intense competition in wide-bandgap (WBG) semiconductors, particularly Gallium Nitride (GaN) and Silicon Carbide (SiC), pose an emerging threat. While Power Integrations has invested in GaN technology and offers its own GaN-based products, numerous other semiconductor companies (including large established players and pure-play WBG specialists) are aggressively developing and commercializing WBG solutions. This intensified competition could lead to significant pricing pressure, loss of market share in key high-volume applications (such as fast chargers, consumer appliances, and automotive), or a rapid shift in customer preferences towards competitors offering superior, more integrated, or more cost-effective WBG platforms.

AI Generated Analysis | Feedback

Power Integrations (POWI) designs, develops, and markets high-performance electronic components and integrated circuits essential for high-voltage power conversion. Their products are key building blocks in various applications, including consumer electronics, industrial systems, and electric vehicles.

Addressable Markets for Power Integrations' Main Products and Services:

AC-DC Power Supply Adapters (Global): The global AC-DC power adapters market is valued at approximately USD 44.92 billion in 2025. It is projected to reach USD 112.62 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 20.18% over the forecast period. This market encompasses power supply solutions for a wide range of electronic products, including mobile devices, computers, TVs, appliances, and LED lighting.
Automotive Solutions (Electric Vehicles) (Global): The global electric industrial vehicles market, which includes applications relevant to Power Integrations' automotive solutions for high-voltage power conversion and control, was valued at US$ 23.3 billion in 2024. This market is projected to grow at a CAGR of 8.2% from 2025 to 2035, reaching US$ 55.5 billion by 2035. Power Integrations' products are implemented in various EV models, addressing onboard charging and high-power DC-DC converters.
High Voltage Power Conversion Systems (Global): The global High Voltage Power Conversion System market is estimated to be USD 25 billion in 2025. This sector is projected to experience robust growth with a Compound Annual Growth Rate (CAGR) of 8.5% from 2025 to 2033. This market is driven by the increasing integration of renewable energy sources and the modernization of industrial infrastructure.
Industrial Electrification (Global): The global industrial electrification market was estimated at USD 43.95 billion in 2024. It is predicted to increase to approximately USD 95.79 billion by 2034, expanding at a CAGR of 8.10% from 2025 to 2034. This market reflects the growing adoption of electric machinery and energy-efficient solutions in industrial sectors.

AI Generated Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for Power Integrations (POWI) over the next 2-3 years:

Gallium Nitride (GaN) Product Adoption: Power Integrations anticipates significant revenue growth from its Gallium Nitride (GaN) products. GaN-based products are projected to exceed 10% of total sales in 2025 and experienced more than 50% growth in the first half of 2025. The company is expanding its GaN portfolio for various applications, including industrial, automotive, and next-generation AI data centers, and is a leader in high-power GaN technology with 1250-volt and 1700-volt offerings.
Expansion in the Automotive Market (EVs): The automotive sector, particularly electric vehicles (EVs), is expected to be a material revenue contributor for Power Integrations starting in 2026. The company has a robust pipeline of design activity in this area, with its products currently used in over 40 EV models. Power Integrations is strategically focusing on high-growth, high-margin opportunities within automotive power conversion, including new reference designs for 800V automotive applications.
Growth in Industrial Applications: Power Integrations foresees continued healthy growth rates in its industrial segment. This growth is driven by increasing demand in areas such as high-voltage DC transmission, renewable energy (solar and wind inverters), energy storage, industrial motor drives, and smart meters. The industrial business demonstrated strong performance in Q3 2025, with high single-digit growth.
Opportunities in AI Data Centers: The company is actively targeting the burgeoning AI data center market. Power Integrations is collaborating with NVIDIA to advance the transition to 800-volt DC power architectures. Their 1250V and 1700V GaN technologies are well-suited for the requirements of next-generation AI data centers, and they are developing differentiated system-level products to capitalize on this opportunity.

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Share Repurchases

Power Integrations announced an equity buyback program of up to $50 million, authorized on May 12, 2025, with no expiration date.
In the second quarter of 2025, the company repurchased over 700,000 shares at an average price of approximately $46 per share.
Between 2022 and 2024, Power Integrations returned $24 million to stockholders through dividends and repurchases.

Share Issuance

The number of outstanding shares was 56,274,000 as of November 2025.
As of February 5, 2024, the company had 56,886 thousand shares issued and outstanding.
The company's 2025 Annual Meeting includes a proposal to amend the 2016 Incentive Award Plan to increase the maximum dollar value of equity awards and cash paid to non-employee directors.

Outbound Investments

Non-GAAP operating expenses for the full year 2024 increased partly due to the acquisition of Odyssey Semiconductor. This acquisition was noted as contributing to significant advancements in GaN technology for applications like EV drivetrains.

Capital Expenditures

Capital expenditures for the full year 2024 totaled $17 million.
Free cash flow for 2024 was $64 million after these capital expenditures.

Better Bets than Power Integrations (POWI)

	POWI	Better Performance than POWI
Metric	Value	INDUSTRY: Semiconductors
Rev Chg LTM	10.5%	NVDA (71.6%), MU (48.9%), AMD (31.8%), AVGO (28.0%), QCOM (13.7%)
Rev Chg 3Y Avg	-12.3%	NVDA (92.0%), AVGO (24.0%), MU (20.3%), AMD (12.9%), INTC (-7.6%)
Op Mgn LTM	1.2%	NVDA (58.1%), AVGO (39.0%), QCOM (28.0%), MU (26.2%), AMD (9.4%)
CFO/Rev LTM	22.5%	MU (46.9%), NVDA (46.6%), AVGO (42.4%), TXN (39.9%), QCOM (31.6%)
FCF/Rev LTM	17.9%	NVDA (43.6%), AVGO (41.6%), ADI (35.4%), QCOM (28.9%), MRVL (21.1%)
Total Yield	2.9%	TXN (6.0%), NXPI (5.4%), QCOM (5.2%), MU (4.8%), ADI (3.3%)
P/S	5.0	INTC (2.8), ON (3.4), QCOM (4.0), NXPI (4.8), MU (5.0)
P/Op Inc	420.2	QCOM (14.5), MU (19.1), NVDA (40.1), AVGO (55.6), AMD (87.7)

	POWI	Better Performance than POWI
Metric	Value	SECTOR: Information Technology
Rev Chg LTM	10.5%	NVDA (71.6%), PLTR (47.2%), AMD (31.8%), AVGO (28.0%), MSFT (15.6%)
Rev Chg 3Y Avg	-12.3%	NVDA (92.0%), AVGO (24.0%), MSFT (13.2%), ORCL (10.2%), AAPL (1.8%)
Op Mgn LTM	1.2%	NVDA (58.1%), MSFT (46.3%), AVGO (39.0%), AAPL (31.9%), ORCL (31.6%)
CFO/Rev LTM	22.5%	MSFT (50.0%), NVDA (46.6%), AVGO (42.4%), ORCL (36.5%), AAPL (26.6%)
FCF/Rev LTM	17.9%	PLTR (46.0%), NVDA (43.6%), AVGO (41.6%), MSFT (26.6%), AAPL (23.5%)
Total Yield	2.9%	CSCO (6.0%), IBM (5.4%), MU (4.8%), MSFT (3.4%), AAPL (3.0%)
P/S	5.0	INTC (2.8), IBM (4.0), QCOM (4.0), CSCO (4.9), MU (5.0)
P/Op Inc	420.2	MSFT (28.3), AAPL (29.1), ORCL (33.1), NVDA (40.1), AVGO (55.6)

	POWI	Better Performance than POWI
Metric	Value	ALL OTHER SECTORS
Rev Chg LTM	10.5%	LLY (36.8%), META (21.3%), MA (14.6%), GOOGL (13.4%), AMZN (10.9%)
Rev Chg 3Y Avg	-12.3%	BRK-B (19.8%), META (17.3%), AMZN (11.3%), GOOGL (11.0%), TSLA (9.3%)
Op Mgn LTM	1.2%	META (43.2%), LLY (43.0%), GOOGL (32.2%), AMZN (11.4%), TSLA (5.1%)
CFO/Rev LTM	22.5%	V (57.6%), META (56.8%), MA (56.1%), GOOGL (39.3%), JNJ (26.3%)
FCF/Rev LTM	17.9%	MA (52.5%), META (23.7%), NFLX (20.7%), JNJ (20.3%), GOOGL (19.1%)
Total Yield	2.9%	BRK-B (6.2%), GOOGL (4.6%), WMT (3.6%), META (3.5%), AMZN (3.0%)
P/S	5.0	WMT (1.1), XOM (1.4), BRK-B (2.7), AMZN (3.5), JPM (4.9)
P/Op Inc	420.2	META (22.6), GOOGL (23.7), LLY (29.9), AMZN (30.7), TSLA (294.8)

		Best Bets In Information Technology Sector
	POWI
What You Pay
P/E	125.0
P/EBIT	420.2
What You Get
Rev Chg Q	2.7%
Rev Chg LTM	10.5%
Rev Chg 3Y Avg	-12.3%
FCF/Rev 3Y Avg	14.8%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 24%, alpha of 2.9%, and sharpe of 1.04

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	Power Integrations Earnings Notes
2	With Power Integrations Stock Sliding, Have You Assessed The Risk?	Return
3	Power Integrations vs Microsoft: Which Is A Better Investment?	Counter-Intuitive Comparisons
4	Power Integrations vs Advanced Micro Devices: Which Is A Better Investment?	Counter-Intuitive Comparisons
5	Power Integrations Stock vs Competition: Who Wins?	Peer Comparison
6	Better Bet Than POWI Stock: Pay Less Than Power Integrations To Get More From NVDA, MSFT
7	Better Bet Than POWI Stock: Pay Less Than Power Integrations To Get More From NVDA, MSFT
8	Better Bet Than POWI Stock: Pay Less Than Power Integrations To Get More From NVDA, AVGO
9	Why Power Integrations Stock Moved: POWI Stock Has Lost 62% Since 2021 Fiscal End, Primarily Due To Unfavorable Change In Price To Sales Multiple (P/S)
10	POWI Dip Buy Analysis
11	ARTICLES
12	Stocks Trading At 52-Week Low		October 4th, 2025

	Title
0	DASHBOARDS
1	Power Integrations Earnings Notes
2	With Power Integrations Stock Sliding, Have You Assessed The Risk?
3	Power Integrations vs Microsoft: Which Is A Better Investment?
4	Power Integrations vs Advanced Micro Devices: Which Is A Better Investment?
5	Power Integrations Stock vs Competition: Who Wins?
6	Better Bet Than POWI Stock: Pay Less Than Power Integrations To Get More From NVDA, MSFT
7	Better Bet Than POWI Stock: Pay Less Than Power Integrations To Get More From NVDA, MSFT
8	Better Bet Than POWI Stock: Pay Less Than Power Integrations To Get More From NVDA, AVGO
9	Why Power Integrations Stock Moved: POWI Stock Has Lost 62% Since 2021 Fiscal End, Primarily Due To Unfavorable Change In Price To Sales Multiple (P/S)
10	POWI Dip Buy Analysis
11	ARTICLES
12	Stocks Trading At 52-Week Low

Trade Ideas

Select past ideas related to POWI. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE	11302025	ENPH	Enphase Energy	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	0.9%	0.9%	-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11262025	PD	PagerDuty	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	0.8%	0.8%	0.0%
CRM_11212025_Dip_Buyer_FCFYield	11212025	CRM	Salesforce	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	3.3%	3.3%	-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE	11212025	HUBS	HubSpot	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	5.1%	5.1%	0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11212025	FIVN	Five9	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	4.0%	4.0%	0.0%
POWI_9262025_Dip_Buyer_High_CFO_Margins_ExInd_DE	09262025	POWI	Power Integrations	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	-13.1%	-13.1%	-22.7%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE	11302025	ENPH	Enphase Energy	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	0.9%	0.9%	-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11262025	PD	PagerDuty	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	0.8%	0.8%	0.0%
CRM_11212025_Dip_Buyer_FCFYield	11212025	CRM	Salesforce	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	3.3%	3.3%	-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE	11212025	HUBS	HubSpot	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	5.1%	5.1%	0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11212025	FIVN	Five9	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	4.0%	4.0%	0.0%
POWI_9262025_Dip_Buyer_High_CFO_Margins_ExInd_DE	09262025	POWI	Power Integrations	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	-13.1%	-13.1%	-22.7%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
OLMA	Olema Pharmaceuticals	2.3	223.6%	367.4%
COGT	Cogent Biosciences	5.4	152.6%	402.1%
CDTX	Cidara Therapeutics	5.9	115.1%	722.1%
IRWD	Ironwood Pharmaceuticals	0.6	100.5%	-15.8%
TERN	Terns Pharmaceuticals	2.5	95.9%	396.2%
FRGE	Forge Global	0.6	90.3%	217.8%
SGML	Sigma Lithium	1.1	87.3%	-10.6%
INSP	Inspire Medical Systems	4.0	82.8%	-27.3%
NPCE	NeuroPace	0.6	77.2%	48.9%
ALMS	Alumis	0.6	71.9%	-0.3%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
UP	Wheels Up Experience	0.4	-52.7%	-62.4%
CCOI	Cogent Communications	0.9	-51.9%	-72.9%
SMR	NuScale Power	3.0	-50.7%	12.3%
FRMI	Fermi	10.3	-47.5%
AMSC	American Superconductor	1.4	-47.2%	30.1%
TLRY	Tilray Brands	7.5	-46.1%	-46.9%
BTDR	Bitdeer Technologies	2.4	-44.8%	-41.8%
EXOD	Exodus Movement	0.4	-43.1%	-53.3%
STUB	Stubhub	3.5	-39.8%
METC	Ramaco Resources	1.0	-39.4%	66.9%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MPLT	MapLight Therapeutics	0.7	31.3%
AEVA	Aeva Technologies	0.8	25.7%	188.2%
DC	Dakota Gold	0.6	19.7%	150.9%
SERV	Serve Robotics	0.7	18.2%	-12.6%
ACDC	ProFrac	0.7	17.6%	-45.0%
HY	Hyster Yale	0.6	15.6%	-29.9%
AEO	American Eagle Outfitters	4.1	15.1%	49.7%
BEAM	Beam Therapeutics	2.7	14.4%	7.8%
GOSS	Gossamer Bio	0.8	14.4%	278.1%
FTRE	Fortrea	1.3	14.4%	-21.8%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
PSTG	Pure Storage	22.6	-27.3%	12.1%
GTLB	GitLab	6.3	-12.8%	-32.9%
CTEV	Claritev	0.7	-11.3%
FBYD	Falcons Beyond Global	0.7	-11.2%	131.2%
ACHC	Acadia Healthcare	1.3	-10.9%	-63.0%
ULS	UL Solutions	16.0	-10.7%	60.4%
HPK	HighPeak Energy	0.7	-10.6%	-59.8%
OS	OneStream	3.5	-10.4%	-35.0%
ARE	Alexandria Real Estate Equities	8.2	-10.1%	-47.9%
THO	Thor Industries	5.3	-9.5%	6.6%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
HPP	Hudson Pacific Properties	6.3	641.5%	-34.3%
TLRY	Tilray Brands	7.5	618.1%	-46.9%
TMC	TMC The Metals	2.8	42.2%	589.3%
VERA	Vera Therapeutics	2.6	40.2%	-2.4%
ARWR	Arrowhead Pharmaceuticals	9.0	39.1%	246.1%
TE	T1 Energy	0.7	37.4%
MPLT	MapLight Therapeutics	0.7	32.1%
AEVA	Aeva Technologies	0.8	31.1%	188.2%
AMKR	Amkor Technology	10.9	30.2%	73.4%
DC	Dakota Gold	0.6	30.2%	150.9%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
JANX	Janux Therapeutics	1.1	-50.7%	-68.0%
VTYX	Ventyx Biosciences	0.6	-25.0%	258.0%
CTEV	Claritev	0.7	-23.5%
AMBA	Ambarella	3.0	-22.9%	-3.6%
FULC	Fulcrum Therapeutics	0.6	-21.5%	92.8%
PD	PagerDuty	1.1	-20.5%	-33.9%
NTNX	Nutanix	12.7	-19.3%	-22.4%
CNK	Cinemark	2.6	-18.0%	-25.2%
PSTG	Pure Storage	22.6	-17.2%	12.1%
ZS	Zscaler	38.1	-15.9%	35.1%

Peer Comparisons for Power Integrations

Peers to compare with:

Financials

	POWI	MTSI	RMBS	CRUS	SLAB	IPGP	Median
Name	Power In.	MACOM Te.	Rambus	Cirrus L.	Silicon .	IPG Phot.
Mkt Price	36.19	183.46	98.03	122.15	137.68	82.60	110.09
Mkt Cap	2.0	13.7	10.6	6.3	4.5	3.5	5.4
Rev LTM	446	907	678	1,948	743	964	825
Op Inc LTM	5	118	247	449	-96	31	74
FCF LTM	80	172	292	534	74	36	126
FCF 3Y Avg	65	150	220	403	-1	112	131
CFO LTM	100	228	319	557	97	120	174
CFO 3Y Avg	85	185	246	435	19	211	198

Growth & Margins

	POWI	MTSI	RMBS	CRUS	SLAB	IPGP	Median
Name	Power In.	MACOM Te.	Rambus	Cirrus L.	Silicon .	IPG Phot.
Rev Chg LTM	10.5%	33.5%	31.0%	2.2%	47.1%	-7.5%	20.8%
Rev Chg 3Y Avg	-12.3%	12.5%	17.3%	-0.1%	-0.7%	-12.7%	-0.4%
Rev Chg Q	2.7%	32.3%	22.7%	3.5%	23.8%	7.6%	15.1%
QoQ Delta Rev Chg LTM	0.7%	7.3%	5.1%	1.0%	5.6%	1.9%	3.5%
Op Mgn LTM	1.2%	13.0%	36.5%	23.0%	-12.9%	3.2%	8.1%
Op Mgn 3Y Avg	5.4%	13.7%	27.8%	20.3%	-15.6%	6.7%	10.2%
QoQ Delta Op Mgn LTM	-3.5%	1.2%	0.2%	0.4%	3.2%	3.9%	0.8%
CFO/Rev LTM	22.5%	25.2%	47.0%	28.6%	13.1%	12.5%	23.8%
CFO/Rev 3Y Avg	19.4%	24.5%	44.2%	22.8%	2.8%	19.0%	21.1%
FCF/Rev LTM	17.9%	18.9%	43.1%	27.4%	9.9%	3.8%	18.4%
FCF/Rev 3Y Avg	14.8%	20.0%	39.3%	21.1%	0.1%	10.0%	17.4%

Valuation

	POWI	MTSI	RMBS	CRUS	SLAB	IPGP	Median
Name	Power In.	MACOM Te.	Rambus	Cirrus L.	Silicon .	IPG Phot.
Mkt Cap	2.0	13.7	10.6	6.3	4.5	3.5	5.4
P/S	5.0	11.8	16.5	3.3	5.8	3.5	5.4
P/EBIT	420.2	-224.9	41.8	13.3	-52.3	107.5	27.5
P/E	125.0	-152.5	49.0	16.9	-50.0	130.3	33.0
P/CFO	22.4	46.8	35.1	11.5	44.2	27.8	31.5
Total Yield	2.9%	-0.7%	2.0%	5.9%	-2.0%	0.8%	1.4%
Dividend Yield	2.1%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
FCF Yield 3Y Avg	2.2%	2.1%	3.3%	6.6%	-0.1%	3.0%	2.6%
D/E	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net D/E	-0.1	-0.0	-0.1	-0.1	-0.1	-0.3	-0.1

Returns

	POWI	MTSI	RMBS	CRUS	SLAB	IPGP	Median
Name	Power In.	MACOM Te.	Rambus	Cirrus L.	Silicon .	IPG Phot.
1M Rtn	-12.5%	22.2%	-7.3%	-6.9%	7.6%	-3.8%	-5.4%
3M Rtn	-17.1%	40.9%	33.1%	7.9%	5.1%	1.8%	6.5%
6M Rtn	-32.9%	44.0%	71.5%	20.9%	9.9%	21.1%	21.0%
12M Rtn	-44.2%	30.1%	67.2%	15.7%	22.7%	6.2%	19.2%
3Y Rtn	-52.4%	166.8%	155.6%	64.9%	-2.8%	-10.3%	31.0%
1M Excs Rtn	-12.5%	22.2%	-7.3%	-6.9%	7.6%	-3.8%	-5.4%
3M Excs Rtn	-23.9%	33.8%	24.7%	0.6%	-3.3%	-5.0%	-1.3%
6M Excs Rtn	-47.7%	29.3%	56.8%	6.2%	-4.9%	6.3%	6.3%
12M Excs Rtn	-57.3%	24.6%	56.0%	3.4%	10.9%	-7.7%	7.1%
3Y Excs Rtn	-123.3%	104.3%	93.7%	-5.1%	-72.8%	-80.2%	-38.9%

Comparison Analyses

	Title
0	Power Integrations Stock vs Competition: Who Wins?

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	9/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	11/5/2025	2/7/2025	2/12/2024	2/7/2023	2/7/2022	2/5/2021	2/7/2020
Key Financials
Total Revenue	446	419	445	651	703	488	421
EBITDA	35	53	72	218	210	99	72
Operating Income	5	18	35	180	175	70	48
Net Income	18	32	56	171	164	71	193
EPS	0.31	0.57	0.97	2.96	2.73	1.19	3.31
Growth Rates
Total Revenue Growth	10.5%	-5.8%	-31.7%	-7.4%	44.0%	16.1%	1.1%
EBITDA Growth	-29.2%	-27.5%	-66.7%	3.7%	113.0%	36.1%	-9.2%
Operating Income Growth	-58.8%	-48.9%	-80.6%	3.1%	148.4%	46.7%	-13.6%
Net Income Growth	-52.0%	-42.2%	-67.4%	3.9%	131.0%	-63.2%	176.4%
Margins
EBITDA Margin	7.8%	12.5%	16.3%	33.4%	29.9%	20.2%	17.2%
Operating Income Margin	1.2%	4.3%	7.9%	27.7%	24.9%	14.4%	11.4%
Net Income Margin	4.0%	7.7%	12.5%	26.2%	23.4%	14.6%	46.0%
Cash & Debt
Total Cash	242	300	312	354	530	449	411
Total Debt	0	0	0	0	0	0	0
Net Debt / (Cash)	-242	-300	-312	-354	-530	-449	-411
Cash Flows
Net Cash from Operations	100	81	66	215	231	126	224
Free Cash from Operations	80	64	45	176	184	55	199
Returns to Shareholders
Dividends	47	46	44	41	33	25	21
Share Repurchases	100	28	55	311	74	3	7

$ Mil \| FY: 12/31	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Period End	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Filing Date	11/5/2025	8/6/2025	5/12/2025	2/7/2025	11/6/2024	8/6/2024	5/7/2024	2/12/2024	11/7/2023	8/3/2023	5/4/2023	2/7/2023
Key Financials Quarterly
Total Revenue	119	116	106	105	116	106	92	90	126	123	106	125
Ebitda	3	6	14	12	20	11	10	8	27	22	15	30
Operating Income	-4	-1	7	4	12	2	0	-1	18	13	6	21
Net Income	-1	1	9	9	14	5	4	14	20	15	7	23
EPS	-0.02	0.02	0.15	0.16	0.25	0.09	0.07	0.25	0.34	0.26	0.12	0.40
Key Financials TTM
Total Revenue TTM	446	442	433	419	403	413	430	445	480	515	575	651
Ebitda TTM	35	52	57	53	49	56	67	72	94	125	173	218
Operating Income TTM	5	21	24	18	13	19	30	35	57	88	135	180
Net Income TTM	18	34	37	32	37	43	53	56	64	90	131	171
Growth Rates Quarterly
Total Revenue Growth	2.7%	9.1%	15.1%	17.6%	-7.7%	-13.8%	-13.7%	-28.3%	-21.7%	-33.0%	-41.6%	-27.7%
EBITDA Growth	-86.2%	-45.0%	45.7%	41.7%	-24.8%	-51.2%	-36.3%	-72.4%	-53.4%	-68.5%	-74.6%	-43.0%
Operating Income Growth	-134.1%	-168.7%	1329.4%	472.9%	-34.6%	-84.5%	-91.8%	-105.0%	-63.4%	-79.0%	-88.7%	-52.8%
Net Income Growth	-109.5%	-71.8%	122.3%	-36.0%	-27.8%	-67.2%	-42.5%	-37.4%	-56.9%	-73.5%	-85.1%	-43.9%
Margins Quarterly
EBITDA Margin	2.4%	5.1%	13.4%	11.3%	17.5%	10.0%	10.6%	9.4%	21.4%	17.8%	14.4%	24.3%
Operating Income Margin	-3.3%	-1.2%	6.4%	3.7%	10.0%	1.8%	0.5%	-1.2%	14.1%	10.3%	5.4%	16.7%
Net Income Margin	-1.1%	1.2%	8.3%	8.7%	12.3%	4.6%	4.3%	15.9%	15.8%	12.0%	6.5%	18.3%
Cash & Debt
Total Cash	242	269	289	300	304	290	300	312	357	346	359	354
Total Debt	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt / (Cash)	-242	-269	-289	-300	-304	-290	-300	-312	-357	-346	-359	-354
Cash Flows Quarterly
FCF from Operations	30	29	26	15	33	18	16	16	27	6	17	24
Cash Flows TTM
FCF from Operations TTM	100	103	92	81	83	77	65	66	74	97	157	215
Returns to Shareholders Quarterly
Dividends	12	12	12	12	11	11	11	11	11	11	11	10
Share Repurchases	42	33	23	2	-0	11	15	47	2	4	2	19
Return on Invested Capital (ROIC) Quarterly
ROIC	-	-	-	-	-	-	-	-	-	-	-	-
Return on Invested Capital (ROIC) TTM
ROIC TTM	-	-	-	-	-	-	-	-	-	-	-	-

Segment Financials

Revenue by Segment

$ Mil	2024	2023	2022	2021	2020
Design, development, manufacture and marketing of integrated circuits and related components for use	445	651	703	488	421
Total	445	651	703	488	421

Price Behavior

Price Behavior

Market Price	$36.19
Market Cap ($ Bil)	2.0
First Trading Date	12/12/1997
Distance from 52W High	-44.7%
	50 Days	200 Days
DMA Price	$38.39	$47.97
DMA Trend	down	down
Distance from DMA	-5.7%	-24.6%
	3M	1YR
Volatility	69.9%	54.2%
Downside Capture	369.31	213.16
Upside Capture	181.39	128.81
Correlation (SPY)	55.8%	58.8%

POWI Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	2.51	3.27	3.19	2.98	1.61	1.64
Up Beta	1.80	5.61	5.75	4.39	1.66	1.58
Down Beta	1.46	2.85	2.73	2.85	1.40	1.37
Up Capture	119%	197%	148%	166%	141%	357%
Bmk +ve Days	13	26	39	74	142	427
Stock +ve Days	9	17	27	54	114	354
Down Capture	350%	301%	306%	274%	145%	111%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	11	25	36	72	135	397

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of POWI With Other Asset Classes (Last 1Y)
	POWI	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-42.9%	25.9%	15.3%	58.9%	4.6%	-5.8%	-3.1%
Annualized Volatility	54.0%	27.6%	19.7%	19.4%	15.9%	17.8%	35.7%
Sharpe Ratio	-0.85	0.81	0.60	2.26	0.09	-0.48	0.04
Correlation With Other Assets		56.6%	58.9%	10.8%	18.7%	42.1%	26.2%

ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data

		Comparison of POWI With Other Asset Classes (Last 5Y)
	POWI	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-11.4%	19.9%	15.0%	17.9%	11.9%	4.9%	37.1%
Annualized Volatility	43.1%	24.6%	17.1%	15.5%	18.9%	19.0%	49.1%
Sharpe Ratio	-0.14	0.73	0.71	0.93	0.52	0.17	0.64
Correlation With Other Assets		64.3%	62.6%	12.5%	15.5%	42.9%	27.6%

Based On 10-Year Data

		Comparison of POWI With Other Asset Classes (Last 10Y)
	POWI	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	4.6%	22.2%	14.5%	14.2%	5.6%	5.4%	76.3%
Annualized Volatility	40.2%	24.2%	18.0%	14.8%	17.7%	20.9%	55.9%
Sharpe Ratio	0.25	0.84	0.69	0.79	0.25	0.23	0.95
Correlation With Other Assets		66.4%	64.0%	7.1%	19.7%	43.6%	18.3%

Short Interest

Short Interest: As Of Date	11142025
Short Interest: Shares Quantity	4,181,892
Short Interest: % Change Since 10312025	13.0%
Average Daily Volume	995,969
Days-to-Cover Short Interest	4.20
Basic Shares Quantity	55,796,000
Short % of Basic Shares	7.5%

Returns Analyses

	Title
0	With Power Integrations Stock Sliding, Have You Assessed The Risk?

SEC Filings

Expand for More

Report Date	Filing Date	Filing
9302025	11052025	10-Q 9/30/2025
6302025	8062025	10-Q 6/30/2025
3312025	5122025	10-Q 3/31/2025
12312024	2072025	10-K 12/31/2024
9302024	11062024	10-Q 9/30/2024
6302024	8062024	10-Q 6/30/2024
3312024	5072024	10-Q 3/31/2024
12312023	2122024	10-K 12/31/2023
9302023	11072023	10-Q 9/30/2023
6302023	8032023	10-Q 6/30/2023
3312023	5042023	10-Q 3/31/2023
12312022	2072023	10-K 12/31/2022
9302022	11022022	10-Q 9/30/2022
6302022	8042022	10-Q 6/30/2022
3312022	4282022	10-Q 3/31/2022
12312021	2072022	10-K 12/31/2021

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Power Integrations (POWI)

Market Price (12/4/2025): $36.16 | Market Cap: $2.0 BilSector: Information Technology | Industry: Semiconductors

Power Integrations (POWI)

Market Price (12/4/2025): $36.16Market Cap: $2.0 BilSector: Information TechnologyIndustry: Semiconductors

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Market Price (12/4/2025): $36.16 | Market Cap: $2.0 Bil
Sector: Information Technology | Industry: Semiconductors

Market Price (12/4/2025): $36.16
Market Cap: $2.0 Bil
Sector: Information Technology
Industry: Semiconductors