Power Integrations, Inc. (POWI) Income Statement Analysis

See more : Babylon Pump & Power Limited (BPP.AX) Income Statement Analysis – Financial Results

Complete financial analysis of Power Integrations, Inc. (POWI) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Power Integrations, Inc., a leading company in the Semiconductors industry within the Technology sector.

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Power Integrations, Inc. (POWI)

Industry: Semiconductors

Sector: Technology

Website: https://www.power.com

About Power Integrations, Inc.

Power Integrations, Inc. designs, develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs), and other electronic components and circuitry used in high-voltage power conversion worldwide. The company provides a range of alternating current to direct current power conversion products that address power supply ranging from less than one watt of output to approximately 500 watts of output for mobile-device chargers, consumer appliances, utility meters, LCD monitors, main and standby power supplies for desktop computers and TVs, LED lighting, and various other consumer and industrial applications, as well as power conversion in high-power applications comprising industrial motors, solar and wind-power systems, electric vehicles, and high-voltage DC transmission systems. It also offers high-voltage diodes; high-voltage gate-driver products used to operate high-voltage switches, such as insulated-gate bipolar transistors and silicon-carbide MOSFETs under the SCALE and SCALE-2 product-family names; and SCALE-iDriver for use in powertrain and charging applications for electric vehicles. In addition, the company provides motor-driver ICs for use in refrigerator compressors, ceiling fans, and air purifiers, as well as pumps, fans, and blowers used in consumer appliances, such as dishwashers and laundry machines. It serves communications, computer, consumer, and industrial markets. The company sells its products to original equipment manufacturers and merchant power supply manufacturers through direct sales force, as well as a network of independent sales representatives and distributors. Power Integrations, Inc. was incorporated in 1988 and is headquartered in San Jose, California.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996
Revenue	444.54M	651.14M	703.28M	488.32M	420.67M	415.96M	431.76M	387.39M	343.99M	348.80M	347.09M	305.37M	298.74M	299.80M	215.70M	201.71M	191.04M	162.40M	143.07M	136.64M	125.71M	108.18M	94.10M	111.51M	104.07M	70.01M	44.80M	23.30M
Cost of Revenue	215.58M	284.23M	342.64M	244.73M	207.27M	201.17M	218.09M	196.23M	170.60M	159.23M	163.85M	154.87M	158.09M	147.26M	107.63M	96.68M	87.56M	73.79M	72.98M	71.41M	62.81M	60.72M	51.25M	53.88M	46.79M	36.64M	24.00M	13.70M
Gross Profit	228.96M	366.91M	360.64M	243.59M	213.40M	214.79M	213.66M	191.16M	173.39M	189.57M	183.24M	150.50M	140.65M	152.54M	108.07M	105.03M	103.49M	88.61M	70.09M	65.23M	62.89M	47.46M	42.84M	57.64M	57.27M	33.37M	20.80M	9.60M
Gross Profit Ratio	51.50%	56.35%	51.28%	49.88%	50.73%	51.64%	49.49%	49.35%	50.40%	54.35%	52.79%	49.29%	47.08%	50.88%	50.10%	52.07%	54.17%	54.56%	48.99%	47.74%	50.03%	43.87%	45.53%	51.69%	55.03%	47.67%	46.43%	41.20%
Research & Development	96.07M	93.89M	84.93M	81.71M	73.47M	70.58M	68.50M	62.31M	57.00M	54.98M	51.65M	45.71M	40.30M	35.89M	30.47M	36.87M	25.18M	24.42M	17.11M	16.16M	16.44M	14.71M	14.47M	12.52M	10.76M	7.23M	5.30M	3.50M
General & Administrative	33.23M	28.90M	39.84M	36.90M	28.16M	26.97M	36.14M	33.03M	29.72M	30.19M	32.05M	29.31M	24.51M	25.56M	23.97M	27.30M	24.25M	34.65M	15.67M	8.10M	6.85M	6.20M	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	64.60M	62.33M	60.04M	53.58M	52.72M	51.17M	49.24M	45.54M	43.79M	44.61M	40.94M	34.97M	32.62M	31.17M	25.02M	35.90M	26.94M	25.71M	18.31M	15.27M	15.48M	14.54M	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	97.83M	91.23M	99.88M	90.47M	80.88M	78.14M	85.38M	78.56M	73.51M	74.79M	72.99M	64.28M	57.13M	56.73M	48.99M	63.19M	51.19M	60.36M	33.98M	23.38M	22.33M	20.74M	20.47M	19.40M	19.85M	12.11M	8.50M	5.50M
Other Expenses	0.00	1.37M	771.00K	919.00K	1.58M	4.12M	2.66M	1.08M	425.00K	1.02M	864.00K	801.00K	0.00	0.00	0.00	0.00	1.37M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Expenses	193.90M	186.50M	185.58M	173.10M	155.92M	150.62M	156.03M	143.32M	133.28M	132.97M	129.17M	113.02M	97.43M	92.62M	79.46M	102.02M	76.37M	84.78M	51.09M	39.54M	38.78M	35.45M	34.94M	31.93M	30.61M	19.34M	16.10M	10.90M
Cost & Expenses	409.48M	470.73M	528.22M	417.83M	363.19M	351.78M	374.12M	339.55M	303.88M	292.19M	293.02M	267.89M	255.52M	239.88M	187.09M	198.70M	163.92M	158.57M	124.07M	110.95M	101.59M	96.17M	86.19M	85.80M	77.40M	55.98M	40.10M	24.60M
Interest Income	0.00	0.00	1.68M	5.26M	5.69M	0.00	0.00	0.00	1.02M	1.20M	736.00K	1.45M	2.05M	2.10M	2.18M	7.61M	8.51M	0.00	0.00	1.81M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	23.00K	2.00K	0.00	3.00K	3.00K	9.00K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	37.38M	37.35M	34.95M	28.10M	24.40M	24.19M	24.46M	23.48M	23.50M	21.96M	23.49M	20.42M	16.32M	13.02M	10.34M	9.82M	7.51M	7.10M	6.26M	6.88M	6.85M	6.68M	6.94M	4.19M	3.23M	3.03M	2.30M	1.90M
EBITDA	72.44M	217.76M	210.01M	98.59M	72.46M	79.83M	82.09M	72.35M	62.41M	77.75M	77.56M	-360.00K	57.66M	74.82M	40.87M	20.55M	34.63M	10.93M	25.27M	33.62M	20.89M	12.02M	14.85M	29.90M	29.90M	17.06M	8.24M	1.30M
EBITDA Ratio	16.29%	33.44%	29.86%	20.19%	-18.46%	23.29%	19.01%	18.41%	18.82%	22.76%	22.20%	38.78%	19.30%	23.70%	17.17%	7.27%	18.69%	7.06%	17.98%	24.39%	25.04%	17.66%	16.05%	27.14%	28.79%	24.55%	12.72%	-0.43%
Operating Income	35.06M	180.41M	175.06M	70.49M	57.48M	55.65M	57.64M	47.84M	38.99M	55.80M	54.07M	11.35M	43.22M	59.93M	28.61M	3.01M	25.75M	3.83M	19.00M	25.69M	24.12M	12.02M	7.91M	25.71M	26.66M	14.03M	4.70M	-1.30M
Operating Income Ratio	7.89%	27.71%	24.89%	14.43%	13.66%	13.38%	13.35%	12.35%	11.34%	16.00%	15.58%	3.72%	14.47%	19.99%	13.26%	1.49%	13.48%	2.36%	13.28%	18.80%	19.19%	11.11%	8.40%	23.06%	25.62%	20.04%	10.49%	-5.58%
Total Other Income/Expenses	10.85M	3.01M	1.08M	4.76M	5.39M	4.12M	2.66M	1.08M	425.00K	1.02M	1.36M	-32.13M	1.88M	1.88M	1.91M	7.71M	8.80M	5.92M	3.15M	1.05M	1.00M	1.67M	1.75M	2.52M	2.15M	1.25M	-683.00K	-726.00K
Income Before Tax	45.91M	183.43M	176.14M	75.25M	222.41M	59.76M	60.30M	48.92M	39.42M	56.81M	55.43M	-20.78M	45.10M	61.81M	30.52M	10.72M	34.55M	9.76M	22.15M	26.74M	25.12M	13.68M	9.66M	28.24M	28.81M	15.28M	5.30M	-600.00K
Income Before Tax Ratio	10.33%	28.17%	25.04%	15.41%	52.87%	14.37%	13.97%	12.63%	11.46%	16.29%	15.97%	-6.81%	15.10%	20.62%	14.15%	5.32%	18.09%	6.01%	15.48%	19.57%	19.98%	12.65%	10.26%	25.32%	27.69%	21.82%	11.83%	-2.58%
Income Tax Expense	-9.83M	12.58M	11.72M	4.08M	28.95M	-10.22M	32.69M	1.03M	271.00K	-2.73M	-1.84M	13.62M	10.80M	12.34M	7.25M	8.92M	7.93M	333.00K	6.45M	6.38M	7.03M	4.10M	2.93M	8.47M	4.33M	2.60M	500.00K	0.00
Net Income	55.74M	170.85M	164.41M	71.18M	193.47M	69.98M	27.61M	47.89M	39.15M	59.54M	57.27M	-34.40M	34.29M	49.46M	23.27M	1.80M	26.62M	9.43M	15.70M	20.37M	18.09M	9.58M	6.73M	19.77M	24.48M	12.68M	4.80M	-1.30M
Net Income Ratio	12.54%	26.24%	23.38%	14.58%	45.99%	16.82%	6.39%	12.36%	11.38%	17.07%	16.50%	-11.27%	11.48%	16.50%	10.79%	0.89%	13.94%	5.80%	10.97%	14.91%	14.39%	8.85%	7.15%	17.72%	23.52%	18.11%	10.71%	-5.58%
EPS	0.97	2.96	2.73	1.19	3.31	1.19	0.47	0.85	0.68	1.00	0.98	-0.60	0.60	0.89	0.43	0.03	0.46	0.16	0.27	0.34	0.20	0.07	0.01	0.37	0.47	0.13	0.32	-0.19
EPS Diluted	0.97	2.93	2.67	1.17	3.24	1.16	0.45	0.83	0.66	0.97	0.94	-0.60	0.57	0.84	0.41	0.03	0.43	0.16	0.26	0.32	0.18	0.07	0.01	0.35	0.44	0.12	0.07	-0.19
Weighted Avg Shares Out	57.20M	57.80M	60.33M	59.66M	58.53M	58.91M	59.35M	57.85M	58.00M	59.95M	58.84M	57.27M	57.22M	55.67M	53.84M	60.20M	57.94M	58.12M	59.14M	61.60M	58.95M	56.72M	55.43M	54.36M	51.92M	97.70M	15.10M	6.85M
Weighted Avg Shares Out (Dil)	57.62M	58.37M	61.47M	60.85M	59.63M	60.29M	61.09M	59.24M	59.39M	61.66M	60.84M	57.27M	59.93M	59.11M	56.59M	63.51M	62.51M	61.64M	61.69M	64.46M	62.98M	58.68M	57.12M	57.55M	56.39M	105.81M	74.71M	6.85M

Power Integrations Launches SCALE EV: Automotive-Qualified IGBT/SiC Module Driver Family; Targets Bus, Truck and Con-Ag EVs

May 10, 2022businesswire.com

NUREMBERG, Germany--(BUSINESS WIRE)--Power Integrations launches SCALE EV: automotive-qualified IGBT/SiC module driver family; targets bus, truck and con-ag EVs.

Power Integrations Reported A Solid Quarter, Shareholder Yield Getting Interesting

May 3, 2022seekingalpha.com

Power Integrations reported a solid quarter, is buying back shares again at a fast pace and has multiple growth drivers moving forward. These include serving markets with significant tailwinds, such as solar and wind energy, EVs, and LED lightning.

Power Integrations Inc. (POWI) CEO Balu Balakrishnan on Q1 2022 Results - Earnings Call Transcript

April 28, 2022seekingalpha.com

Power Integrations Inc. (NASDAQ:POWI ) Q1 2022 Earnings Conference Call April 28, 2022 4:30 PM ET Company Participants Joe Shiffler - Director, IR Balu Balakrishnan - President and CEO Sandeep Nayyar - VP of Finance and CFO Conference Call Participants...

Power Integrations (POWI) Q1 Earnings and Revenues Beat Estimates

April 28, 2022zacks.com

Power Integrations (POWI) delivered earnings and revenue surprises of 5.68% and 1.07%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Power Integrations to Showcase New Automotive and High-Power Products at PCIM Europe

April 26, 2022businesswire.com

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations PCIM Europe 2022 Media Alert

Power Integrations to Release First-Quarter Financial Results on April 28

April 11, 2022businesswire.com

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (Nasdaq: POWI) will release its first-quarter financial results after market hours on Thursday, April 28, 2022, and will host a conference call that day beginning at 1:30 p.m. Pacific time. Members of the investment community...