Filing Flows › Power Integrations (POWI) › Q2 2026 › vs Q1 2026
Power Integrations (POWI) Q2 2026 vs Q1 2026 (quarter over quarter)
Power Integrations's revenue rose $10.6M (+10%) from $108M in Q1 2026 to $119M in Q2 2026. Gross margin 54.3% against 52.6% (+1.8 pts).
Power Integrations, Q2 2026: revenue $119M (+3% year over year), operating margin 7.5%, net earnings $9.8M, operating cash flow $22.0M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 54.3% | 52.6% | +1.8 pts |
| Operating margin | 7.5% | 1.3% | +6.1 pts |
| Net margin | 8.3% | 3.0% | +5.2 pts |
| Free cash flow margin | 14.9% | 16.7% | -1.8 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $119M | $108M | $10.6M | +10% |
| Gross profit | $64.6M | $56.9M | $7.7M | +14% |
| Cost of revenue | $54.3M | $51.4M | $2.9M | +6% |
| Other income, net | $2.3M | $2.5M | −$133K | -5% |
| Operating profit | $8.9M | $1.5M | $7.4M | +512% |
| Operating expenses | $55.7M | $55.5M | $253K | +0.5% |
| Pre-tax earnings | $11.2M | $3.9M | $7.3M | +187% |
| Research & development | $27.2M | $26.3M | $908K | +3% |
| SG&A | $28.1M | $24.4M | $3.6M | +15% |
| Other operating costs | $522K | $4.8M | −$4.3M | -89% |
| Net earnings | $9.8M | $3.3M | $6.5M | +198% |
| Income tax | $1.4M | $620K | $780K | +126% |
| Depreciation & amortization | $6.4M | $6.6M | −$156K | -2% |
| Share-based compensation | $11.3M | $6.3M | $5.0M | +79% |
| Working capital & other | $5.5M | −$3.9M | $9.4M | — |
| Operating cash flow | $22.0M | $20.0M | $1.9M | +10% |
| Free cash flow (OCF − capex) | $17.7M | $18.0M | −$369K | -2% |
| Capital expenditures | $4.3M | $2.0M | $2.3M | +115% |
Questions
How much did Power Integrations's revenue grow quarter over quarter in Q2 2026?
Power Integrations's revenue rose $10.6M (+10%) from $108M in Q1 2026 to $119M in Q2 2026. Gross margin 54.3% against 52.6% (+1.8 pts).