Power Integrations Q1 rev $108.3M (+3% YoY), GAAP EPS $0.06; guides Q2 rev $115-120M; appoints SVP Sales

POWER INTEGRATIONS INC

2026-Q1 EPS reported $0.06 revenue$108,308,000

Q1 revenue $108.3M, up 3% YoY and 5% sequentially; GAAP net income $3.3M ($0.06 diluted EPS).
Non-GAAP net income $13.9M ($0.25 diluted EPS) vs $0.31 YoY; cash from ops $20.0M.
Q2 outlook: revenue $115-120M, GAAP gross margin 53.5-54.5%, non-GAAP op margin 13.5-15.5%.
Dividend $0.215/share payable June 30 to holders of record May 29.
Appointed Mike Balow as SVP Worldwide Sales, effective May 4; $450K base salary plus equity awards.

item 2.02 item 5.02 item 9.01

Executive movements

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Appointed

Mike Balow

Senior Vice President, Worldwide Sales

POWI · POWER INTEGRATIONS INC

Effective: 2026-05-04
Filed: May 7, 2026, 7:59 PM ET

The Board of Directors of Power Integrations, Inc. (the “Company”) appointed Mike Balow as the Company’s Senior Vice President, Worldwide Sales, effective upon Mr. Balow’s commencement of employment with the Company on May 4, 2026.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

POWER INTEGRATIONS INC reported the quarter ended March 31, 2026 results: revenue $108.3 million, net income $3.3 million or $0.06 per diluted share. Guidance initiated.

Period: the quarter ended March 31, 2026
Revenue: $108.3 million
Net income: $3.3 million or $0.06 per diluted share
Guidance: initiated
Result: reported results

Exact text from the filing

Power Integrations (NASDAQ: POWI) today announced financial results for the quarter ended March 31, 2026. Net revenue for the first quarter was $108.3 million, up five percent from the prior quarter and up three percent from the first quarter of 2025. GAAP net income for the first quarter was $3.3 million or $0.06 per diluted share

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Mike Balow was appointed as Senior Vice President, Worldwide Sales at POWER INTEGRATIONS INC.

Action: appointed
Role: Senior Vice President, Worldwide Sales

Exact text from the filing

The Board of Directors of Power Integrations, Inc. (the “Company”) appointed Mike Balow as the Company’s Senior Vice President, Worldwide Sales, effective upon Mr. Balow’s commencement of employment with the Company on May 4, 2026.

View on SEC.gov

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Source: SEC EDGAR

accession 0000833640-26-000076

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