Power Integrations, Inc. · NASDAQ:POWI
Power Integrations — Q2 2026 Earnings Presentation
12 slides from Power Integrations's earnings presentation, Aug 5, 2026
Slide 1: Q2 2026 Financial Results
Power Integrations, Inc. Q2 2026 Financial Results August 5, 2026 ©2026 Power Integrations, Inc. | power.com
Slide 2: Forward-Looking Statements/Non-GAAP Metrics
Forward-Looking Statements/Non-GAAP Metrics Note Regarding Forward-Looking Statements Certain statements included in these slides that are not historical facts are forward-looking statements within the meaning of the federal securities laws, including the safe harbor provisions under the United Stat
Slide 3: Q2 2026 - Key Messages
Q2 2026 - Key Messages Revenue up 10% sequentially Higher margins Expense discipline Revenue $118.9M, up 10% QoQ; Non-GAAP GM 55.1%, up 160 bps QoQ Non-GAAP OPEX of $45.2M outlook was $115M - $120M Non-GAAP operating margin up 540 Down 3% Y/Y in Q2 QoQ growth in all four end markets bps Q/Q to 17.1%
Slide 4: Q2 2026 Financial Results
Q2 2026 Financial Results Non-GAAP Additional Metrics Q2 GAAP Q2 Non- Q2 Outlook Year-Ago Prior Qtr TTM Revenue Result GAAP Result Was Qtr $449.4M $115.9M $108.3M Revenue $118.9M N/A $115M-$120M Cash Flow from Operations (TTM) (+3%) (+10%) $98.1M Gross Margin 54.3% 55.1% 54 - 55% 55.8% 53.5% CapEx (
Slide 5: Revenue by End Market
Revenue by End Market Growth Rates Q2'26 YoY Q2’26 QoQ YTD Revenue Mix Q2’26 Industrial/Auto +10% +14% +16% Consumer Flat +5% -5% 36% 43% Consumer Industrial / Auto Computer -9% +5% -8% Comms -2% +16% -1% 10% 11% Comms Computer Total +3% +10% +3% Prior Three Quarters Revenue Commentary Industrial: C
Slide 6: Q3 2026 Outlook
Q3 2026 Outlook GAAP Non-GAAP Reconciling Items Revenue $122M - $130M N/A N/A Stock-based compensation Gross Margin 53.3% - 54.4% 54% - 55% 0.5% - 0.6% Amortization of intangibles 0.1% Stock-based compensation Operating Expenses $55M - $56M $45M - $46M $10.0M Stock-based compensation Operating Margi
Slide 7: Extending the Range of PowiGaN to 2200 V
Extending the Range of PowiGaN to 2200 V Industry’s first 2200 V GaN technology brings the efficiency and power density of PowiGaN to a range of higher-voltage applications: AI data centers 1500 V automotive Auxiliary power 1500 V utility scale Auxiliary power beyond 800 VDC fast chargers supply for
Slide 8: Non-GAAP to GAAP Reconciliations
Non-GAAP to GAAP Reconciliations (in thousands, except per-share amounts) Three Months Ended Six Months Ended June 30, March 31, June 30, June 30, June 30, 2026 2026 2025 2026 2025 RECONCILIATION OF GROSS PROFIT GAAP gross profit $ 64,637 $ 56,938 $ 63,954 $ 121,575 $ 122,189 GAAP gross margin 54.3
Slide 9: Non-GAAP to GAAP Reconciliations
Non-GAAP to GAAP Reconciliations (in thousands, except per-share amounts) Three Months Ended Six Months Ended June 30, March 31, June 30, June 30, June 30, 2026 2026 2025 2026 2025 RECONCILIATION OF OPERATING EXPENSES GAAP operating expenses $ 55,737 $ 55,484 $ 65,299 $ 111,221 $ 116,816 Less: Stock
Slide 10: Non-GAAP to GAAP Reconciliations
Non-GAAP to GAAP Reconciliations (in thousands, except per-share amounts) Three Months Ended Six Months Ended June 30, March 31, June 30, June 30, June 30, 2026 2026 2025 2026 2025 RECONCILIATION OF INCOME (LOSS) FROM OPERATIONS GAAP income (loss) from operations $ 8,900 $ 1,454 $ (1,345) $ 10,354 $
Slide 11: Non-GAAP to GAAP Reconciliations
Non-GAAP to GAAP Reconciliations (in thousands, except per-share amounts) Three Months Ended Six Months Ended June 30, March 31, June 30, June 30, June 30, 2026 2026 2025 2026 2025 RECONCILIATION OF NET INCOME PER SHARE (DILUTED) GAAP net income $ 9,833 $ 3,300 $ 1,369 $ 13,133 $ 10,159 Adjustments
Slide 12: ower
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