Tearsheet

Power Integrations (POWI)


Market Price (12/28/2025): $37.31 | Market Cap: $2.1 Bil
Sector: Information Technology | Industry: Semiconductors

Power Integrations (POWI)


Market Price (12/28/2025): $37.31
Market Cap: $2.1 Bil
Sector: Information Technology
Industry: Semiconductors

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.


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 -12%
Weak multi-year price returns
2Y Excs Rtn is -100%, 3Y Excs Rtn is -127%
Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 390x, P/EPrice/Earnings or Price/(Net Income) is 116x
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 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -34%
  Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 11%
3 Attractive yield
Dividend Yield is 2.3%
  Key risks
POWI key risks include [1] significant exposure to demand volatility and trade tensions from its over-reliance on the Chinese market, Show more.
4 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 -12%
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 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -34%
3 Attractive yield
Dividend Yield is 2.3%
4 Megatrend and thematic drivers
Megatrends include Electric Vehicles & Autonomous Driving, Renewable Energy Transition, and Datacenter Power. Themes include EV Manufacturing, Show more.
5 Weak multi-year price returns
2Y Excs Rtn is -100%, 3Y Excs Rtn is -127%
6 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 390x, P/EPrice/Earnings or Price/(Net Income) is 116x
7 Weak revenue growth
Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -12%
8 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 11%
9 Key risks
POWI key risks include [1] significant exposure to demand volatility and trade tensions from its over-reliance on the Chinese market, Show more.

Valuation, Metrics & Events

POWI Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback

Here are the key points explaining the stock movement for Power Integrations (POWI) for the approximate time period from August 31, 2025, to December 28, 2025:

<b>1. Power Integrations reported third-quarter 2025 net revenues that missed analyst estimates.</b><br><br>

The company announced net revenues of $118.9 million for the quarter ended September 30, 2025, which fell below analyst estimates of $120.8 million. This revenue miss contributed to investor concerns.

<b>2. The company provided a weak revenue outlook for the fourth quarter of 2025.</b><br><br>

Power Integrations issued conservative guidance for the fourth quarter of 2025, projecting revenues between $100 million and $105 million. This forecast was significantly lower than analyst expectations, which had anticipated revenues around $118.8 million for the quarter. A subdued outlook often leads to a negative re-evaluation of a company's stock by the market.

<b>3. Market reaction to the mixed Q3 results and soft Q4 guidance was notably negative.</b><br><br>

Following the release of its third-quarter results and fourth-quarter outlook on November 5, 2025, Power Integrations' stock experienced a significant negative market reaction. Pre-market trading indicated an approximate 5.5% decline, and the stock further decreased by 12.8% over the subsequent two weeks, reflecting investor disappointment and concerns about future performance.

Show more

Stock Movement Drivers

Fundamental Drivers

The -6.2% change in POWI stock from 9/27/2025 to 12/27/2025 was primarily driven by a -47.0% change in the company's Net Income Margin (%).
927202512272025Change
Stock Price ($)39.7737.30-6.21%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)442.47445.550.70%
Net Income Margin (%)7.59%4.03%-46.95%
P/E Multiple66.63115.9974.08%
Shares Outstanding (Mil)56.2755.800.85%
Cumulative Contribution-6.22%

LTM = Last Twelve Months as of date shown

Market Drivers

9/27/2025 to 12/27/2025
ReturnCorrelation
POWI-6.2% 
Market (SPY)4.3%55.3%
Sector (XLK)5.1%48.2%

Fundamental Drivers

The -32.4% change in POWI stock from 6/28/2025 to 12/27/2025 was primarily driven by a -53.0% change in the company's Net Income Margin (%).
628202512272025Change
Stock Price ($)55.1537.30-32.37%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)432.81445.552.94%
Net Income Margin (%)8.56%4.03%-52.98%
P/E Multiple84.61115.9937.08%
Shares Outstanding (Mil)56.8755.801.89%
Cumulative Contribution-32.39%

LTM = Last Twelve Months as of date shown

Market Drivers

6/28/2025 to 12/27/2025
ReturnCorrelation
POWI-32.4% 
Market (SPY)12.6%54.3%
Sector (XLK)17.0%44.7%

Fundamental Drivers

The -39.7% change in POWI stock from 12/27/2024 to 12/27/2025 was primarily driven by a -56.5% change in the company's Net Income Margin (%).
1227202412272025Change
Stock Price ($)61.8537.30-39.69%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)403.23445.5510.50%
Net Income Margin (%)9.27%4.03%-56.54%
P/E Multiple94.05115.9923.33%
Shares Outstanding (Mil)56.8255.801.80%
Cumulative Contribution-39.71%

LTM = Last Twelve Months as of date shown

Market Drivers

12/27/2024 to 12/27/2025
ReturnCorrelation
POWI-39.7% 
Market (SPY)17.0%59.3%
Sector (XLK)24.0%57.1%

Fundamental Drivers

The -44.6% change in POWI stock from 12/28/2022 to 12/27/2025 was primarily driven by a -85.1% change in the company's Net Income Margin (%).
1228202212272025Change
Stock Price ($)67.3737.30-44.64%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)699.02445.55-36.26%
Net Income Margin (%)27.00%4.03%-85.08%
P/E Multiple20.41115.99468.32%
Shares Outstanding (Mil)57.1755.802.41%
Cumulative Contribution-44.67%

LTM = Last Twelve Months as of date shown

Market Drivers

12/28/2023 to 12/27/2025
ReturnCorrelation
POWI-53.9% 
Market (SPY)48.0%59.0%
Sector (XLK)53.5%57.4%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
POWI Return67%14%-22%16%-24%-39%-20%
Peers Return16%38%-12%21%26%16%150%
S&P 500 Return16%27%-19%24%23%18%114%

Monthly Win Rates [3]
POWI Win Rate67%42%50%58%33%42% 
Peers Win Rate52%65%42%68%57%52% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
POWI Max Drawdown-19%-10%-33%-5%-29%-49% 
Peers Max Drawdown-34%-5%-26%-7%-9%-23% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[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 12/26/2025 (YTD)

How Low Can It Go

Unique KeyEventPOWIS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-43.6%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven77.4%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-27.3%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven37.5%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven65 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-40.2%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven67.3%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven269 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-57.5%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven135.4%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven340 days1,480 days

Compare to HPQ, HPE, IBM, CSCO, AAPL

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 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 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 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 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 Analysis | Feedback

The key risks to Power Integrations' business include:

  1. Demand Fluctuations, Macroeconomic and Geopolitical Factors, and Trade Tensions: Power Integrations faces significant risks from volatile operating results driven by demand fluctuations, particularly due to macroeconomic and geopolitical factors. Management has highlighted the impact of reduced consumer spending, economic weakness in China, and downturns in industrial activity on demand. Trade tensions, especially between the US and China, along with tariffs, have severely disrupted the industry and are considered a major short-term headwind, affecting revenue and contributing to overall revenue volatility. The company's high exposure to China as its largest end-market exacerbates these risks.

  2. Intense Competition and Pricing Pressure: The power conversion industry in which Power Integrations operates is highly competitive, with numerous companies vying for market share. This intense competition can lead to a decrease in average selling prices and reduced sales volume for Power Integrations' products. Specifically, competition from players like Innoscience in China is noted to potentially pressure pricing power and compress gross margins.

  3. Supply Chain Risks: Power Integrations is dependent on third-party suppliers for wafers and other components, making it vulnerable to supply chain disruptions. Any disruptions in the supply chain, whether due to geopolitical tensions or other factors, could hinder the company's ability to meet customer demand and maintain profitability.

AI 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 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 Analysis | Feedback

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

  1. 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.
  2. 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.
  3. 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.
  4. 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.

AI Analysis | Feedback

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)

Trade Ideas

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

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE11302025ENPHEnphase EnergyDip BuyDB | 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
14.4%14.4%-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11262025PDPagerDutyDip BuyDB | 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
13.1%13.1%0.0%
CRM_11212025_Dip_Buyer_FCFYield11212025CRMSalesforceDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
17.3%17.3%-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE11212025HUBSHubSpotDip BuyDB | 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
12.0%12.0%0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG11212025FIVNFive9Dip BuyDB | 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
5.5%5.5%0.0%
POWI_9262025_Dip_Buyer_High_CFO_Margins_ExInd_DE09262025POWIPower IntegrationsDip BuyDB | 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
-6.2%-6.2%-22.7%

Recent Active Movers

More From Trefis

Peer Comparisons for Power Integrations

Peers to compare with:

Financials

POWIHPQHPEIBMCSCOAAPLMedian
NamePower In.HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Price37.3023.2624.49305.0978.16273.4057.73
Mkt Cap2.121.932.6284.9309.24,074.4158.8
Rev LTM44655,29534,29665,40257,696408,62556,496
Op Inc LTM53,6241,64411,54412,991130,2147,584
FCF LTM802,80062711,85412,73396,1847,327
FCF 3Y Avg652,9781,40011,75313,879100,5037,366
CFO LTM1003,6972,91913,48313,744108,5658,590
CFO 3Y Avg853,6723,89613,49814,736111,5598,697

Growth & Margins

POWIHPQHPEIBMCSCOAAPLMedian
NamePower In.HP Hewlett .Internat.Cisco Sy.Apple  
Rev Chg LTM10.5%3.2%13.8%4.5%8.9%6.0%7.4%
Rev Chg 3Y Avg-12.3%-3.9%6.5%2.6%3.7%1.8%2.2%
Rev Chg Q2.7%4.2%14.4%9.1%7.5%9.6%8.3%
QoQ Delta Rev Chg LTM0.7%1.1%3.7%2.1%1.8%2.1%2.0%
Op Mgn LTM1.2%6.6%4.8%17.7%22.5%31.9%12.1%
Op Mgn 3Y Avg5.4%7.4%7.2%16.4%24.2%30.8%11.9%
QoQ Delta Op Mgn LTM-3.5%-0.2%-1.4%0.6%0.4%0.1%-0.1%
CFO/Rev LTM22.5%6.7%8.5%20.6%23.8%26.6%21.5%
CFO/Rev 3Y Avg19.4%6.8%12.7%21.4%26.1%28.4%20.4%
FCF/Rev LTM17.9%5.1%1.8%18.1%22.1%23.5%18.0%
FCF/Rev 3Y Avg14.8%5.5%4.6%18.6%24.6%25.6%16.7%

Valuation

POWIHPQHPEIBMCSCOAAPLMedian
NamePower In.HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Cap2.121.932.6284.9309.24,074.4158.8
P/S4.70.41.04.45.410.04.5
P/EBIT389.86.819.925.122.531.323.8
P/E116.08.6572.736.029.941.038.5
P/CFO20.85.911.221.122.537.521.0
Total Yield3.1%14.1%2.3%5.0%5.4%2.8%4.1%
Dividend Yield2.3%2.5%2.1%2.2%2.1%0.4%2.1%
FCF Yield 3Y Avg2.2%10.6%5.5%6.4%6.0%3.1%5.7%
D/E0.00.50.70.20.10.00.2
Net D/E-0.10.30.60.20.00.00.1

Returns

POWIHPQHPEIBMCSCOAAPLMedian
NamePower In.HP Hewlett .Internat.Cisco Sy.Apple  
1M Rtn11.3%-1.8%14.4%0.6%2.7%-1.5%1.7%
3M Rtn-6.2%-11.9%2.7%7.9%17.0%7.1%4.9%
6M Rtn-32.4%-4.0%34.5%6.6%15.2%36.3%10.9%
12M Rtn-39.7%-27.0%16.2%40.5%34.5%7.5%11.8%
3Y Rtn-44.6%-1.9%71.1%143.1%81.3%120.2%76.2%
1M Excs Rtn9.6%-5.6%12.9%-2.2%-0.0%-3.7%-1.1%
3M Excs Rtn-10.5%-16.2%-1.7%3.6%12.7%2.8%0.6%
6M Excs Rtn-44.6%-16.3%22.3%-5.7%3.0%24.0%-1.3%
12M Excs Rtn-55.1%-42.9%-0.7%25.0%19.9%-8.4%-4.6%
3Y Excs Rtn-127.5%-83.5%-11.2%59.6%-1.2%28.4%-6.2%

Financials

Segment Financials

Revenue by Segment
$ Mil20242023202220212020
Design, development, manufacture and marketing of integrated circuits and related components for use445651703488421
Total445651703488421


Price Behavior

Price Behavior
Market Price$37.30 
Market Cap ($ Bil)2.1 
First Trading Date12/12/1997 
Distance from 52W High-43.0% 
   50 Days200 Days
DMA Price$37.37$46.08
DMA Trenddowndown
Distance from DMA-0.2%-19.1%
 3M1YR
Volatility69.4%53.9%
Downside Capture295.43216.59
Upside Capture206.90133.90
Correlation (SPY)55.0%59.2%
POWI Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta2.513.273.192.981.611.64
Up Beta1.805.615.754.391.661.58
Down Beta1.462.852.732.851.401.37
Up Capture119%197%148%166%141%357%
Bmk +ve Days13263974142427
Stock +ve Days9172754114354
Down Capture350%301%306%274%145%111%
Bmk -ve Days7162452107323
Stock -ve Days11253672135397

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
 Comparison of POWI With Other Asset Classes (Last 1Y)
 POWISector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-38.4%25.0%17.8%72.1%8.6%4.4%-8.2%
Annualized Volatility53.5%27.5%19.4%19.3%15.2%17.0%35.0%
Sharpe Ratio-0.720.790.722.700.340.09-0.08
Correlation With Other Assets 57.1%59.4%9.9%19.7%41.7%26.9%

ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
 Comparison of POWI With Other Asset Classes (Last 5Y)
 POWISector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-12.8%18.8%14.7%18.7%11.5%4.6%30.8%
Annualized Volatility42.9%24.7%17.1%15.5%18.7%18.9%48.6%
Sharpe Ratio-0.180.690.700.970.500.160.57
Correlation With Other Assets 64.1%62.5%12.1%15.8%42.8%28.1%

ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
 Comparison of POWI With Other Asset Classes (Last 10Y)
 POWISector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return5.6%22.5%14.8%15.3%7.0%5.3%69.2%
Annualized Volatility40.2%24.2%18.0%14.7%17.6%20.8%55.8%
Sharpe Ratio0.270.850.710.860.320.220.90
Correlation With Other Assets 66.3%63.9%7.0%19.8%43.5%18.5%

ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date12152025
Short Interest: Shares Quantity4,153,504
Short Interest: % Change Since 113020251.3%
Average Daily Volume836,636
Days-to-Cover Short Interest4.96
Basic Shares Quantity55,796,000
Short % of Basic Shares7.4%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/5/20251.6%-9.2%-5.7%
8/6/2025-9.2%2.0%-5.0%
5/12/2025-6.2%-10.9%-1.7%
2/6/2025-1.8%-1.6%-1.9%
11/6/2024-1.6%-4.7%-4.6%
8/6/2024-7.0%-4.8%-6.9%
5/7/20249.2%10.2%8.0%
2/8/20244.2%-3.4%-4.8%
...
SUMMARY STATS   
# Positive8109
# Negative161415
Median Positive4.6%7.7%12.7%
Median Negative-4.5%-4.4%-5.0%
Max Positive14.1%16.9%27.6%
Max Negative-9.2%-10.9%-18.8%

SEC Filings

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Report DateFiling DateFiling
93020251105202510-Q 9/30/2025
6302025806202510-Q 6/30/2025
3312025512202510-Q 3/31/2025
12312024207202510-K 12/31/2024
93020241106202410-Q 9/30/2024
6302024806202410-Q 6/30/2024
3312024507202410-Q 3/31/2024
12312023212202410-K 12/31/2023
93020231107202310-Q 9/30/2023
6302023803202310-Q 6/30/2023
3312023504202310-Q 3/31/2023
12312022207202310-K 12/31/2022
93020221102202210-Q 9/30/2022
6302022804202210-Q 6/30/2022
3312022428202210-Q 3/31/2022
12312021207202210-K 12/31/2021