Filing Flows › Power Solutions International (PSIX) › Q3 2026
Power Solutions International (PSIX) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Power Solutions International (PSIX) reported revenue of $202M for the third quarter 2026 (Q3 2026), -0.9% from a year earlier and +32% from the quarter before. Operating margin was 20.2%, net earnings $29.9M (14.8% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $202M | +32% | -0.9% |
| Gross profit | $59.9M | +45% | +23% |
| Operating profit | $40.9M | +71% | +44% |
| Net earnings | $29.9M | +78% | +8% |
| Operating cash flow | $40.9M | -28% | 13× |
| Free cash flow | $38.3M | -31% | 22× |
What changed
Revenue was $202.1M in Q3 2026, down 1% year over year and up 32% from the previous quarter. Power Systems was the largest line at 81% of revenue. Power Systems lost $6.2M year over year (down 4%), 355% of the total change.
Gross margin was 29.7%, up 5.8 points from Q3 2025. Operating profit was $40.9M, a 20.2% margin (up 6.3 points year over year). Operating expenses fell 6% while revenue fell 1%. Net earnings were $29.9M, up 8% year over year. The effective tax rate was 25.3%.
Operating cash flow was $40.9M (up 1156% year over year), 137% of net earnings. Non-cash charges added back $1.7M of depreciation and amortization and $51K of share-based compensation. Working capital and other items added $9.2M. Capital expenditures of $2.6M left free cash flow of $38.3M.
Questions
What was Power Solutions International's revenue in the third quarter 2026?
Power Solutions International (PSIX) reported revenue of $202M for the third quarter 2026 (Q3 2026), -0.9% from a year earlier and +32% from the quarter before.
Was Power Solutions International profitable in the third quarter 2026?
Operating profit was $40.9M (20.2% of revenue) and net earnings $29.9M.