Power Solutions International Q2 FY26 net income drops 67% to USD 16.86 million; net sales fall 21% to USD 152.54 million - PSIX News | RalliesPower Solutions International Q2 FY26 net income drops 67% to USD 16.86 million; net sales fall 21% to USD 152.54 million
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PSIX• Second-quarter results
- Power Solutions International posted Q2 net income of USD 16.86 million, down 67% year over year, as net sales fell 21% to USD 152.54 million.
- Operating income slid 26% to USD 23.92 million, while gross margin narrowed 1.1 percentage points to 27.1%.
- Adjusted EBITDA (non-GAAP) decreased 23% to USD 26.83 million.
First-half performance and outlook
- First-half net income dropped 66% to USD 24.16 million on a 14% decline in net sales to USD 281.14 million.
- Operating cash flow jumped to USD 75.72 million for the first half.
- Management expects second-half net sales to exceed first-half levels, driven by data center demand, with oil and gas softness persisting.