8-K ·Filed Aug 5, 2026

POWI

POWER INTEGRATIONS INC
BULLISH
Impact 6/10
Horizonweeks Processed1mo ago SEC0000833640-26-000141
8-K Item 2.02: Earnings release
Actionable Insight ▲ Bullish

The beat-and-raise quarter with accelerating industrial momentum and improving margins is a clear positive. However, the historical T+20 win rate on POWI calls is only 25%, and the stock may have already priced in some of this upside. Watch for follow-through on Q3 guidance execution and any tariff-related headwinds in the forward-looking statements.

DirectionBullish
Confidencehigh
Horizonweeks
Latest settled — T+20d ⚠ clustered
POWI ▼ -14.31% at T+20d
LONG call ✗ call lost -14.31% · α vs SPY -14.91% · entry $58.98 → $50.54
Next anchor: T+60d in 27d
Latest observation: T+39 +4.66% FF3 residual α
Entry anchored
Aug 5, 04:00 PM ET
via 1-min bar
T+1d
+9.51%
call +9.51% · α +8.90%
$64.59
settled 8w ago
T+5d
+5.65%
call +5.65% · α +4.43%
$62.31
settled 7w ago
T+20d
-14.31%
call -14.31% · α -14.91%
$50.54
settled 4w ago
T+60d
—
call — · α —
—
in 27d

Price Chart

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Executive Summary

Power Integrations reported Q2 2026 revenue of $118.9M (up 3% YoY) and non-GAAP EPS of $0.37, beating consensus estimates of $0.32 by 15.8%. The company guided Q3 revenue to $122-130M, above the $117.4M consensus, driven by continued strength in industrial markets (43% of revenue) and improving profitability. However, GAAP EPS of $0.17 was depressed by $11.3M in stock-based compensation and restructuring charges, and the T+20 historical win rate on POWI calls is only 25%, suggesting caution on upside follow-through.

Key Financial Metrics

EPS
$0.37
est $0.32 · +15.6%
Revenue
$118.9M
est $117.4M · +1.3% · +2.7% YoY
Rating
beat
Guidance
$122M-$130M
raised
Free Cash Flow
$35.7M
Gross Margin
54.3%

Key Facts

  • Q2 2026 revenue $118.9M, up 3% YoY and 10% sequentially
  • Non-GAAP EPS $0.37 beat consensus $0.32 by 15.8%
  • Q3 revenue guidance $122-130M, midpoint $126M above $117.4M consensus
  • Industrial revenue grew to 43% of total mix, up from 40% YoY
  • Operating cash flow $22.0M; free cash flow $35.7M YTD
  • GAAP net income $9.8M vs $1.4M in prior year quarter
  • Dividend maintained at $0.215/share, payable Sept 30

Financial Impact

Revenue beat of $1.5M (1.3%) vs consensus; EPS beat of $0.05 (15.8%) vs consensus

revenueepsoperating marginindustrial revenue mix

Risk Factors

  • Tariff escalation could pressure customer demand and pricing
  • Stock-based compensation ($11.3M) and restructuring charges continue to depress GAAP earnings
  • Historical T+20 performance on POWI calls shows poor follow-through (25% win rate)

Market Snapshot

Exchange
Nasdaq
Sector
Semiconductors & Related Devices
Analyst Consensus
80% bullish (10 analysts)

Investment Themes

Semiconductors

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0000833640-26-000141
Document: powi-20260805.htm0000833640-26-000141
Document: 0000833640-26-000141-index-headers.html0000833640-26-000141
Document: 0000833640-26-000141-index.html0000833640-26-000141
Document: 0000833640-26-000141.txt0000833640-26-000141
8-K Data (Synthetic)0000833640-26-000141
5 reports for POWI
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for POWI — sortable, filterable
TypeNow
Aug 5, 2026
8w ago
8-K
BULLISH ★ 6/10
$58.98 $50.54▼ −14.31%▼ −14.91%$54.46 (−7.66%)
Jun 2, 2026
17w ago
Insider Cluster
BEARISH ★ 5/10
$84.19 $80.27▲ +4.66%▲ +3.09%$54.46 (+35.31%)
May 29, 2026
17w ago
Insider Cluster
BEARISH ★ 5/10
$81.91 $83.76▼ −2.26%▼ −3.56%$54.46 (+33.51%)
May 28, 2026
18w ago
Insider Cluster
NEUTRAL ★ 2/10
$84.00 $78.96▼ −6.00%▼ −4.21%$54.46 (−35.17%)
Apr 21, 2026
23w ago
DEFA14A
NEUTRAL ★ 2/10
$71.73 $68.28▼ −4.81%▼ −7.98%$54.46 (−24.08%)
Showing 5 of 5

US Market Status

Market Closed — Opens Mon (65h 7m)

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