Power Integrations publishes Q3 2026 earnings call transcript
POWI•Power Integrations reported third-quarter revenue up 6% year over year to $125.5 million and adjusted earnings up 28% to $0.46 per diluted share. It forecast fourth-quarter revenue of $118 million–$126 million and an adjusted operating margin of 19%–21%.
1. Quarterly results and outlook
Power Integrations held its third-quarter 2026 earnings call on November 4. Revenue rose 6% year over year to $125.5 million, while adjusted earnings increased 28% to $0.46 per diluted share. The company forecast fourth-quarter revenue of $118 million–$126 million and an adjusted operating margin of 19%–21%.
2. Inventory and supply
Channel inventory increased 4.5 weeks to 11.8 weeks, reflecting appliance weakness, metering delays and higher customer buffer stocks. High-power demand exceeded available supply amid packaging and circuit-board shortages. Management expects 800-volt auxiliary-power designs to enter production in 2027.
