POWER INTEGRATIONS INC (POWI)
Information Technology · High-voltage power conversion semiconductors · NASDAQ
Power Integrations designs high-voltage power conversion semiconductors and gate drivers that enable efficient electricity conversion across renewable energy, industrial, automotive, and consumer applications.
What POWER INTEGRATIONS INC does
Power Integrations designs, develops and markets analog and mixed-signal integrated circuits and electronic components for high-voltage power conversion. The company's products convert electricity from high-voltage sources (typically AC to DC) for use in power supplies, LED drivers, motor drivers, and gate drivers across industrial, automotive, and consumer applications. Products span from low-power AC-DC supplies (up to ~500W) to high-power gate-driver systems (100kW to GW range) used in renewable energy, electric vehicles, industrial motors, and building automation. The company emphasizes system-level integration that reduces design complexity, board size, and energy consumption compared to discrete component designs.
Themes: ["High-voltage power conversion","Renewable energy (solar/wind)","Electric vehicle (EV) power systems","Gate drivers / SiC MOSFETs","Industrial motor drives","LED drivers / lighting","Energy efficiency","Battery charging"]
Fundamentals
- Price$70.83 as of 2026-07-09 close
- Market cap$4.0B as of 2026-07-10
- 1-year return+22.0% as of 2026-07-09 close
- P/E239.15 as of 2026-07-10
- Net margin+3.7% as of 2026-07-10
- Gross margin+53.9% as of 2026-07-10
- ROE+2.4% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)+3.1% as of 2026-07-10
- Revenue CAGR (3y)-12.0% SEC XBRL
- Beta1.56 as of 2026-07-10
Dividend: yield +1.3%; 1-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Demand fluctuations in major end-markets (industrial, automotive, consumer) and heavy reliance on international sales (~98% of revenue), exposing the company to geopolitical tensions, tariffs, and macroeconomic volatility.","High customer concentration (top 10 customers account for ~80% of revenue) and lengthy sales cycles, creating vulnerability to order timing fluctuations and competitive pricing pressures that could impact margins.","Dependence on wafer foundries and assembly subcontractors for supply chain execution; quality issues, product defects, or supply chain disruptions could damage reputation and increase warranty/recall costs."]
Competitors & peers
- Texas Instruments (TXN)
- ON Semiconductor (ON)
- STMicroelectronics (STM)
- Infineon (IFNNY)
- NXP Semiconductors (NXPI)
- Analog Devices (ADI)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.