Power Integrations INC 10-Q quarterly reports

Power Integrations, Inc. announced its financial results for the second quarter ended June 30, 2026, reporting an increase in net revenue and net income compared to the same period in the previous year.

Power Integrations reported a slight increase in Q1 2026 revenue to $108.3 million, but net income fell to $3.3 million due to significant restructuring charges.

Power Integrations, Inc. reported a net loss for the third quarter of 2025, primarily driven by increased operating expenses related to a former CEO's equity award modification and an adverse employee litigation verdict, despite modest revenue growth.

Power Integrations reported increased Q2 2025 revenues and gross margin, but a significant legal charge led to an operating loss and reduced quarterly net income, alongside key leadership changes.

Power Integrations' Q1 2025 net revenues increased by 15% year-over-year, driven by growth in all end-market categories, while also amending executive officer benefits agreements.

Power Integrations' Q3 2024 revenue decreased year-over-year, primarily due to lower sales in the smartphone charger market, while gross margin improved due to favorable end-market mix and currency exchange rates.

Power Integrations' Q2 2024 revenue decreased year-over-year due to lower demand in key end markets, though gross margin saw a slight improvement.

Power Integrations' Q1 2024 results show a decrease in revenue compared to the same period last year, impacted by macroeconomic factors and a cyclical downturn in the semiconductor industry.