Filing Flows › Power Solutions International (PSIX) › Q3 2026 › vs Q3 2025
Power Solutions International (PSIX) Q3 2026 vs Q3 2025 (year over year)
Power Solutions International's revenue fell $1.8M (-0.9%) from $204M in Q3 2025 to $202M in Q3 2026. The biggest changes: Power Systems −$6.2M (-4%); Industrial +$5.6M (+20%); Transportation −$1.1M (-17%). Gross margin 29.7% against 23.9% (+5.8 pts).
Power Solutions International, Q3 2026: revenue $202M (-0.9% year over year), operating margin 20.2%, net earnings $29.9M, operating cash flow $40.9M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 29.7% | 23.9% | +5.8 pts |
| Operating margin | 20.2% | 13.9% | +6.3 pts |
| Net margin | 14.8% | 13.5% | +1.3 pts |
| Free cash flow margin | 19.0% | 0.8% | +18.1 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Power Systems | $163M | $169M | −$6.2M | -4% |
| Industrial | $33.7M | $28.1M | $5.6M | +20% |
| Transportation | $5.3M | $6.4M | −$1.1M | -17% |
| Revenue | $202M | $204M | −$1.8M | -0.9% |
| Gross profit | $59.9M | $48.7M | $11.2M | +23% |
| Cost of revenue | $142M | $155M | −$13.0M | -8% |
| Operating profit | $40.9M | $28.4M | $12.5M | +44% |
| Operating expenses | $19.0M | $20.4M | −$1.3M | -6% |
| Pre-tax earnings | $40.1M | $26.7M | $13.3M | +50% |
| Other expense, net | $806K | $1.6M | −$811K | -50% |
| Research & development | $5.1M | $4.8M | $303K | +6% |
| SG&A | $13.7M | $15.3M | −$1.6M | -10% |
| Other operating costs | $265K | $308K | −$43K | -14% |
| Net earnings | $29.9M | $27.6M | $2.3M | +8% |
| Income tax | $10.2M | −$876K | $11.0M | — |
| Depreciation & amortization | $1.7M | $1.4M | $270K | +19% |
| Share-based compensation | $51K | $19K | $32K | +168% |
| Working capital & other | $9.2M | −$25.8M | $35.0M | — |
| Operating cash flow | $40.9M | $3.3M | $37.6M | 13× |
| Free cash flow (OCF − capex) | $38.3M | $1.7M | $36.6M | 22× |
| Capital expenditures | $2.6M | $1.5M | $1.0M | +67% |
Questions
How much did Power Solutions International's revenue grow year over year in Q3 2026?
Power Solutions International's revenue fell $1.8M (-0.9%) from $204M in Q3 2025 to $202M in Q3 2026.
What drove Power Solutions International's revenue change in Q3 2026?
Power Systems −$6.2M (-4%); Industrial +$5.6M (+20%); Transportation −$1.1M (-17%).