Filing Flows › Power Solutions International (PSIX) › Q2 2026 › vs Q1 2026
Power Solutions International (PSIX) Q2 2026 vs Q1 2026 (quarter over quarter)
Power Solutions International's revenue rose $24.0M (+19%) from $129M in Q1 2026 to $153M in Q2 2026. The biggest changes: Power Systems +$25.9M (+27%); Transportation −$2.2M (-40%); Industrial +$289K (+1%). Gross margin 27.1% against 22.9% (+4.2 pts).
Power Solutions International, Q2 2026: revenue $153M (-20% year over year), operating margin 15.7%, net earnings $16.9M, operating cash flow $56.6M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 27.1% | 22.9% | +4.2 pts |
| Operating margin | 15.7% | 8.9% | +6.8 pts |
| Net margin | 11.1% | 5.7% | +5.4 pts |
| Free cash flow margin | 36.5% | 13.4% | +23.1 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Power Systems | $122M | $96.5M | $25.9M | +27% |
| Industrial | $26.8M | $26.6M | $289K | +1% |
| Transportation | $3.4M | $5.5M | −$2.2M | -40% |
| Revenue | $153M | $129M | $24.0M | +19% |
| Gross profit | $41.4M | $29.4M | $11.9M | +41% |
| Cost of revenue | $111M | $99.2M | $12.0M | +12% |
| Operating profit | $23.9M | $11.4M | $12.5M | +110% |
| Operating expenses | $17.4M | $18.0M | −$583K | -3% |
| Pre-tax earnings | $22.5M | $9.7M | $12.7M | +131% |
| Other expense, net | $1.4M | $1.7M | −$212K | -13% |
| Research & development | $5.1M | $4.8M | $246K | +5% |
| Other operating costs | $280K | $249K | $31K | +12% |
| Net earnings | $16.9M | $7.3M | $9.6M | +131% |
| Income tax | $5.6M | $2.4M | $3.2M | +131% |
| Depreciation & amortization | $1.7M | $1.7M | −$11K | -0.7% |
| Share-based compensation | $430K | $424K | $6K | +1% |
| Working capital & other | $37.6M | $9.7M | $27.9M | +287% |
| Operating cash flow | $56.6M | $19.1M | $37.5M | +196% |
| Free cash flow (OCF − capex) | $55.7M | $17.2M | $38.5M | +223% |
| Capital expenditures | $846K | $1.9M | −$1.0M | -55% |
Questions
How much did Power Solutions International's revenue grow quarter over quarter in Q2 2026?
Power Solutions International's revenue rose $24.0M (+19%) from $129M in Q1 2026 to $153M in Q2 2026.
What drove Power Solutions International's revenue change in Q2 2026?
Power Systems +$25.9M (+27%); Transportation −$2.2M (-40%); Industrial +$289K (+1%).