Slide 1: Q1 2026 Financial Results
Power Integrations, Inc. Q1 2026 Financial Results May 7, 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 These slides contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking state
Slide 3: Q1 2026 - Key Messages
Q1 2026 - Key Messages Solid Q1 results Industrial/auto strength Recovery in consumer Revenue $108.3M up 5% QoQ; continues Down 11% Y/Y vs. tariff-driven outlook was $104M - $109M Up 23% Y/Y in Q1 strength in appliances in 1H’25 Non-GAAP gross margin of 53.5%, Up 17% Q/Q as appliance inventory Diver
Slide 4: Q1 2026 Financial Results
Q1 2026 Financial Results Non-GAAP Additional Metrics Q1 GAAP Q1 Non- Year-Ago Q1 Outlook Prior Qtr Cash Flow from Operations (TTM) Result GAAP Result Qtr $105.2M $105.5M $103.2M Revenue $108.3M N/A $104M-$109M CapEx (TTM) (+3%) (+5%) $20.7M Gross Margin 52.6% 53.5% 53 - 54% 55.9% 53.3% Free Cash Fl
Slide 5: Revenue by End Market
Revenue by End Market Growth Rates Q1'26 YoY Q1’26 QoQ Revenue Mix Q1’26 Industrial/Auto 23% 15% Consumer -11% 17% 41% 38% Industrial / Auto Consumer Computer -5% -12% Comms 0% -33% 11% 10% Computer Comms Total 3% 5% Prior Three Quarters Revenue Commentary Industrial: Broad-based Y/Y growth – renewa
Slide 6: Q2 2026 Outlook
Q2 2026 Outlook GAAP Non-GAAP Reconciling Items Revenue $115M - $120M N/A N/A Gross Margin Stock-based compensation 53.5% - 54.5% 54% - 55% 0.4% Amortization of intangibles 0.1% Stock-based compensation Operating Expenses $55M - $56M $46.5M - $47.5M $8.5M Stock-based compensation Operating Margin 5.
Slide 7: Non-GAAP to GAAP Reconciliations
Non-GAAP to GAAP Reconciliations (in thousands, except per-share amounts) Three Months Ended March 31, 2026 December 31, 2025 March 31, 2025 RECONCILIATION OF GROSS PROFIT GAAP gross profit $ 56,938 $ 54,609 $ 58,235 GAAP gross margin 52.6% 52.9% 55.2% Stock-based compensation included in cost of re
Slide 8: Non-GAAP to GAAP Reconciliations
Non-GAAP to GAAP Reconciliations (in thousands, except per-share amounts) Three Months Ended RECONCILIATION OF INCOME FROM OPERATIONS March 31, 2026 December 31, 2025 March 31, 2025 GAAP income from operations $ 1,454 $ 8,774 $ 6,718 GAAP operating margin 1.3% 8.5% 6.4% Add: Total stock-based compen
Slide 9: Power Integrations
ower integrations