---
title: "Power Integrations | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 108.31 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285609118.md"
datetime: "2026-05-07T20:12:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285609118.md)
  - [en](https://longbridge.com/en/news/285609118.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285609118.md)
---

# Power Integrations | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 108.31 M

Revenue: As of FY2026 Q1, the actual value is USD 108.31 M, beating the estimate of USD 106.7 M.

EPS: As of FY2026 Q1, the actual value is USD 0.06.

#### Operational Metrics (Executive Compensation)

Power Integrations, Inc. appointed Mike Balow as Senior Vice President, Worldwide Sales, effective May 4, 2026, with an annual base salary of $450,000. His compensation package includes an annual performance incentive award for 2026 in the form of Performance Stock Units (PSUs), pro-rated from a full-year target value of $360,000. Additionally, he is set to receive a Restricted Stock Units (RSUs) award valued at $2,400,000, vesting over four years, and a long-term Restricted Performance Stock Units (PRSUs) award valued at $1,600,000.

#### Q1 2026 Financial Performance

Power Integrations, Inc. reported net revenue of $108.3 million for the first quarter, marking a three percent increase year-over-year and a five percent increase from the prior quarter. GAAP net income for the quarter was $3.3 million, while non-GAAP net income reached $13.9 million.

#### Gross Profit and Margin (Q1 2026)

GAAP gross profit for the quarter was $56,938 thousand, with a GAAP gross margin of 52.6%. Non-GAAP gross profit was $57,919 thousand, resulting in a non-GAAP gross margin of 53.5%.

#### Operating Expenses and Income (Q1 2026)

GAAP operating expenses totaled $55,484 thousand, and non-GAAP operating expenses were $45,269 thousand. The company’s GAAP income from operations was $1,454 thousand, corresponding to a GAAP operating margin of 1.3%. Non-GAAP income from operations reached $12,650 thousand, with a non-GAAP operating margin of 11.7%.

#### Cash Flow (Q1 2026)

Cash flow from operations for the first quarter totaled $20.0 million. Free cash flow was $18,047 thousand.

#### Operational Metrics (Q1 2026)

Industrial revenue grew by 23 percent year-over-year, driven by applications such as renewable energy, battery storage, home automation, and automotive. Power Integrations, Inc. paid a dividend of $0.215 per share on March 31, 2026.

#### Revenue Mix by End Market (Q1 2026)

The revenue mix by end market was as follows: Communications accounted for 10%, Computer for 11%, Consumer for 38%, and Industrial for 41%.

#### Financial Outlook for Q2 2026

For the second quarter of 2026, Power Integrations, Inc. anticipates revenue to be in the range of $115 million to $120 million. GAAP gross margin is expected to be between 53.5 percent and 54.5 percent, while non-GAAP gross margin is projected to be between 54 percent and 55 percent. GAAP operating expenses are forecasted to be between $55 million and $56 million, with non-GAAP operating expenses between $46.5 million and $47.5 million.

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