Filing Flows › Power Solutions International (PSIX) › Q2 2026
Power Solutions International (PSIX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Power Solutions International (PSIX) reported revenue of $153M for the second quarter 2026 (Q2 2026), -21% from a year earlier and +19% from the quarter before. Operating margin was 15.7%, net earnings $16.9M (11.1% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $153M | +19% | -21% |
| Gross profit | $41.4M | +41% | -24% |
| Operating profit | $23.9M | +110% | -26% |
| Net earnings | $16.9M | +131% | -67% |
| Operating cash flow | $56.6M | +196% | +240% |
| Free cash flow | $55.7M | +223% | +281% |
What changed
Revenue was $152.5M in Q2 2026, down 21% year over year and up 19% from the previous quarter. Power Systems was the largest line at 80% of revenue. Power Systems lost $34.6M year over year (down 22%), 88% of the total change.
Gross margin was 27.1%, down 1.1 points from Q2 2025. Operating profit was $23.9M, a 15.7% margin (down 1.2 points year over year). Operating expenses fell 19% while revenue fell 21%. Net earnings were $16.9M, down 67% year over year. The effective tax rate was 25.0%.
Operating cash flow was $56.6M (up 240% year over year), 336% of net earnings. Non-cash charges added back $1.7M of depreciation and amortization and $430K of share-based compensation. Working capital and other items added $37.6M. Capital expenditures of $846K left free cash flow of $55.7M.
Questions
What was Power Solutions International's revenue in the second quarter 2026?
Power Solutions International (PSIX) reported revenue of $153M for the second quarter 2026 (Q2 2026), -21% from a year earlier and +19% from the quarter before.
Was Power Solutions International profitable in the second quarter 2026?
Operating profit was $23.9M (15.7% of revenue) and net earnings $16.9M.