Filing Flows › Power Integrations (POWI) › Q2 2026 › vs Q2 2025
Power Integrations (POWI) Q2 2026 vs Q2 2025 (year over year)
Power Integrations's revenue rose $3.1M (+3%) from $116M in Q2 2025 to $119M in Q2 2026. Gross margin 54.3% against 55.2% (-0.9 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 54.3% | 55.2% | -0.9 pts |
| Operating margin | 7.5% | -1.2% | +8.6 pts |
| Net margin | 8.3% | 1.2% | +7.1 pts |
| Free cash flow margin | 14.9% | 20.0% | -5.1 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $119M | $116M | $3.1M | +3% |
| Gross profit | $64.6M | $64.0M | $683K | +1% |
| Cost of revenue | $54.3M | $51.9M | $2.4M | +5% |
| Other income, net | $2.3M | $2.7M | −$357K | -13% |
| Operating profit | $8.9M | −$1.3M | $10.2M | — |
| Operating expenses | $55.7M | $65.3M | −$9.6M | -15% |
| Pre-tax earnings | $11.2M | $1.3M | $9.9M | +735% |
| Research & development | $27.2M | $26.0M | $1.2M | +5% |
| Other operating costs | $522K | $9.2M | −$8.6M | -94% |
| Net earnings | $9.8M | $1.4M | $8.5M | +618% |
| Income tax | $1.4M | −$24K | $1.4M | — |
| Depreciation & amortization | $6.4M | $7.2M | −$803K | -11% |
| Share-based compensation | $11.3M | $10.1M | $1.2M | +12% |
| Working capital & other | $5.5M | −$10.4M | $15.9M | — |
| Operating cash flow | $22.0M | $29.1M | −$7.1M | -24% |
| Free cash flow (OCF − capex) | $17.7M | $23.1M | −$5.5M | -24% |
| Capital expenditures | $4.3M | $5.9M | −$1.6M | -27% |
Questions
How much did Power Integrations's revenue grow year over year in Q2 2026?
Power Integrations's revenue rose $3.1M (+3%) from $116M in Q2 2025 to $119M in Q2 2026. Gross margin 54.3% against 55.2% (-0.9 pts).