Filing Flows › Power Integrations (POWI) › Q3 2026
Power Integrations (POWI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Power Integrations (POWI) reported revenue of $125M for the third quarter 2026 (Q3 2026), +6% from a year earlier and +5% from the quarter before. Operating margin was 15.2%, net earnings $18.3M (14.6% of revenue).
Power Integrations, Q3 2026: revenue $125M (+6% year over year), operating margin 15.2%, net earnings $18.3M, operating cash flow $42.6M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $125M | +5% | +6% |
| Gross profit | $69.7M | +8% | +8% |
| Operating profit | $19.1M | +115% | — |
| Net earnings | $18.3M | +86% | — |
| Operating cash flow | $42.6M | +94% | +43% |
| Free cash flow | $36.5M | +106% | +51% |
What changed
Revenue was $125.5M in Q3 2026, up 6% year over year and up 5% from the previous quarter.
Gross margin was 55.6%, up 1.0 points from Q3 2025. Operating profit was $19.1M, a 15.2% margin (up 18.6 points year over year). Operating expenses fell 26% while revenue rose 6%. Net earnings were $18.3M. The effective tax rate was 13.6%.
Operating cash flow was $42.6M (up 43% year over year), 232% of net earnings. Non-cash charges added back $6.3M of depreciation and amortization and $9.4M of share-based compensation. Working capital and other items added $8.5M. Capital expenditures of $6.1M left free cash flow of $36.5M.
Questions
What was Power Integrations' revenue in the third quarter 2026?
Power Integrations (POWI) reported revenue of $125M for the third quarter 2026 (Q3 2026), +6% from a year earlier and +5% from the quarter before.
Was Power Integrations profitable in the third quarter 2026?
Operating profit was $19.1M (15.2% of revenue) and net earnings $18.3M.
Source: Power Integrations 10-Q on SEC EDGAR.