POWINasdaqSemiconductors & Related DevicesUS GAAP · USD

Power Integrations, Inc

Power Integrations designs and markets analog and mixed-signal integrated circuits used in high-voltage power conversion. Its products are built into AC-DC power supplies, LED drivers, motor-drive systems, and other circuitry that convert electricity for use in consumer, industrial, communications, computer, and automotive applications, with sales and support activities spanning the United States, Asia, Europe, and other global markets.

Liikevaihto444milj. USD
+5,9 %v/v
Liikevoitto (EBIT)10,2milj. USD
−43,1 %v/v
EBIT-marginaali2,3%
−2,0 %-yks.v/v
Nettotulos22,1milj. USD
−31,5 %v/v
Vapaa kassavirta87,1milj. USD
+36,4 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

0200400600800milj. USD2020: 488 milj. USD2020: EBIT 70 milj. USD20202021: 703 milj. USD2021: EBIT 175 milj. USD20212022: 651 milj. USD2022: EBIT 180 milj. USD20222023: 445 milj. USD2023: EBIT 35 milj. USD20232024: 419 milj. USD2024: EBIT 18 milj. USD20242025: 444 milj. USD2025: EBIT 10 milj. USD202544410
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
AC-DC power conversion ICs55 %

Integrated circuits used in power supplies that convert AC mains power to regulated DC output.

Industrial and motor-drive ICs20 %

Products for BLDC motor control, industrial drives, and related high-voltage power applications.

LED driver ICs8 %

High-voltage driver ICs used in lighting systems based on light-emitting diodes.

Gate-driver ICs12 %

ICs used to control power switches in higher-power conversion and inverter systems.

Design tools and support services5 %

Software, samples, and engineering support that help customers design in the company’s ICs.

Asiakkaat

Power Integrations sells primarily to OEMs and merchant power-supply manufacturers, with distributors handling most of the remaining volume. Its chips are designed into end products across communications, computer, consumer, and industrial markets, including chargers, appliances, industrial controls, utility meters, and EV-related systems.

OEMs

Buy ICs directly for integration into chargers, appliances, industrial equipment, and other end products.

Merchant power-supply manufacturers

Purchase power-conversion ICs for standalone supply modules sold into multiple downstream markets.

Distributors

Buy and resell the company’s products to OEMs and other customers, extending market reach.

Consumer electronics manufacturers

Use the company’s AC-DC and motor-drive ICs in appliances, chargers, TVs, and set-top boxes.

Industrial and infrastructure customers

Use power-conversion ICs in motor drives, utility meters, UPS, lighting, and controls.

Strategia

Power Integrations focuses on expanding penetration in existing power-conversion markets by adding higher-integration products and design-support tools. It also seeks to enlarge its served market through new product families for higher-power AC-DC, LED lighting, gate-driver, motor-drive, and EV applications, which broadens the number of sockets where its technology can be designed in.

Increase penetration of served marketsLyhyt aikaväli

Higher design-in rates deepen customer relationships and improve socket share.

Expand served available marketKeskipitkä aikaväli

New product families create access to additional end markets and higher-power uses.

Strengthen design-in supportKeskipitkä aikaväli

Software and engineering tools reduce customer design friction and support adoption.

Maantiede

Q1/2026

The company sells worldwide, but most end products using its ICs are manufactured in Asia, making the region the largest source of revenue. It also maintains sales offices across North America, Europe, and Asia-Pacific, which supports direct OEM relationships and distributor coverage in major electronics manufacturing hubs.

Kina60 %
EMEA18 %
Etelä-Korea13 %
Americas8,5 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

The business is exposed to cyclical demand swings, customer order volatility, and concentration among a relatively small number of distributors and OEMs. It also faces supply-chain and geopolitical risks because most manufacturing is outsourced in Asia, while trade policy, tariffs, currency movements, and natural disasters can disrupt demand or deliveries.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Customer order volatility and cancellations1Customer concentration2Asia supply-chain disruption3Tariffs and trade policy4Foreign exchange pressure5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Customer order volatility and cancellationsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Short-term orders and reschedulable shipments make revenue hard to predict.

    Kohdistuu: OEMs and merchant power-supply manufacturers

  2. Customer concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A small number of distributors and OEMs account for a significant share of revenue.

    Kohdistuu: Distributor channel and large end customers

  3. Asia supply-chain disruptionVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Foundries, assembly, and test partners are concentrated in Asia and exposed to disasters.

    Kohdistuu: Manufacturing and logistics network

  4. Tariffs and trade policyVaikutus: KeskitasoTodennäköisyys: Korkea

    Trade barriers can reduce demand for customer end products and pressure pricing.

    KohdistuuChinaAPACEuropean Union
  5. Foreign exchange pressureVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Most foreign sales are denominated in U.S. dollars, which can raise local prices when the dollar strengthens.

    Kohdistuu: International sales

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition

Short-term orders, distributor sales, and shipment timing affect when revenue is recorded.

Vaikutus: Can create quarter-to-quarter volatility in reported sales.

Distributor return rights and price protection

Distributors are entitled to return privileges and inventory price protection.

Vaikutus: Affects net revenue, reserves, and channel inventory risk.

Excess and obsolete inventory reserves

Product cycles and demand changes can leave inventory at risk of write-down.

Vaikutus: Can materially affect gross margin and operating results.

Foreign currency effects

Wafer costs and foreign sales are exposed to dollar/yen and other currency movements.

Vaikutus: Can change cost of revenues and gross margin.

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026

Power Integrations, Inc (POWI) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo