POWER INTEGRATIONS INC (POWI): restructuring charge — Power Integrations Q4 rev $103.2M (-2% YoY); FY rev up 6%; cuts 7% workforce; chairman steps down

POWER INTEGRATIONS INC

2025-FY EPS reported $0.39 revenue$443,504,000

Q4 revenue $103.2M (down 13% QoQ, down 2% YoY); GAAP EPS $0.24; non-GAAP EPS $0.23.
Full-year 2025 revenue $443.5M (+6% YoY); non-GAAP EPS $1.25 vs $1.16; GAAP EPS $0.39 vs $0.56.
Approved 7% workforce reduction; expects $3.5M-$4.0M severance charge in Q1 2026.
Chairman Balu Balakrishnan steps down, remains on board; independent director Balakrishnan S. Iyer appointed new Chairman.
Q1 guidance: revenue $104-109M; GAAP gross margin 52-53%; dividend raised to $0.215/share (from $0.21).

item 1.01 item 2.02 item 2.05 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

POWER INTEGRATIONS INC announced a restructuring with charges of between approximately $3.5 million and $4.0 million affecting global workforce (approximately 7% of the Company’s global workforce).

Type: restructuring
Charge: between approximately $3.5 million and $4.0 million
Affected area: global workforce
Headcount: approximately 7% of the Company’s global workforce

Exact text from the filing

costs and create a more efficient organization to support its business. In connection with the reduction in force, the Company estimates it will incur between approximately $3.5 million and $4.0 million of costs, substantially all of which are related to employee severance and benefit costs, which the Company expects to recognize in the first quarter of 2026.

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Source: SEC EDGAR

accession 0000833640-26-000028

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