Power Integrations, Inc. designs, develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs), and other electronic components and circuitry used in high-voltage power conversion worldwide. The company provides a range of alternating current to direct current power conversion products that address power supply ranging from less than one watt of output to approximately 500 watts of output for mobile-device chargers, consumer appliances, utility meters, LCD monitors, main and standby power supplies for desktop computers and TVs, LED lighting, and various other consumer and industrial applications, as well as power conversion in high-power applications comprising industrial motors, solar and wind-power systems, electric vehicles, and high-voltage DC transmission systems. It also offers high-voltage diodes; high-voltage gate-driver products used to operate high-voltage switches, such as insulated-gate bipolar transistors and silicon-carbide MOSFETs under the SCALE and SCALE-2 product-family names; and SCALE-iDriver for use in powertrain and charging applications for electric vehicles. In addition, the company provides motor-driver ICs for use in refrigerator compressors, ceiling fans, and air purifiers, as well as pumps, fans, and blowers used in consumer appliances, such as dishwashers and laundry machines. It serves communications, computer, consumer, and industrial markets. The company sells its products to original equipment manufacturers and merchant power supply manufacturers through direct sales force, as well as a network of independent sales representatives and distributors. Power Integrations, Inc. was incorporated in 1988 and is headquartered in San Jose, California.

Power Integrations, Inc.

Power Integrations, Inc., is a Silicon Valley-based supplier of high-performance electronic components used in high-voltage power-conversion systems. Our integrated circuits and diodes enable compact, energy-efficient AC-DC power supplies for a vast range of electronic products including mobile devices, TVs, PCs, appliances, smart utility meters and LED lights. Our SCALE™ IGBT drivers enhance the efficiency, reliability and cost of high-power applications such as industrial motor drives, solar and wind energy systems, electric vehicles and high-voltage DC transmission. Since its introduction in 1998, Power Integrations'​ EcoSmart® energy-efficiency technology has prevented billions of dollars'​ worth of energy waste and millions of tons of carbon emissions. Reflecting the environmental benefits of our products, Power Integrations'​ stock is a member of clean-technology stock indices sponsored by Cleantech Group LLC and Clean Edge. Visit our Green Room for a comprehensive guide to energy-efficiency standards around the world. For more information please visit www.power.com.

Keiretsu Forum

Threshold

Esther Dyson

Power Integrations

element14 Electronics has picked PI's Design Kit RDK-877 for its newest RoadTest. The highly integrated 6 W flyback design for home appliances features a LinkSwitch-TNZ IC, which combines power conversion with lossless generation of AC zero crossing signal. Enroll before Jan. 10 for a chance to test the design with a handheld oscilloscope provided by Element14! Download the reference design report:  https://okt.to/CKRXk5


SCALE EV gate driver boards provide a full range of functional safety features and simplify design for automotive applications. Without the use of additional hardware, SCALE EV offers active discharge, active short circuit function and pre-testing of short circuit detection. PI's Michael Hornkamp explains how SCALE EV achieves this high level of integration:

The new 2SP0230 dual-channel gate driver boards with advanced protection features can work with 62 mm SiC and IGBT modules up to 1700 V. These scalable, plug-and-play drivers reduce system design and sourcing challenges for railway, EV charging and STATCOM applications. #GateDrivers
https://okt.to/1ow6DK

PI Expert, our powerful design tool, creates a complete Bill of Materials (BOM) as you work on your design. It shows you which distributors have parts available in real time and lets you search for alternatives for out-of-stock parts. Trevor Hiatt demonstrates how to generate a ready-to-build BOM within minutes.
Trevor Hiatt #powerelectronics #semiconductor 
 https://okt.to/jH2KwL

Detroit just became the first city in the U.S. to open a wireless-charging public roadway. A quarter mile of 14th Street in Detroit’s historic Corktown neighborhood now has copper coils installed below the road surface that can charge specially equipped electrics cars either when parked or driving in-motion. PI is fueling the EV revolution with our 900 V GaN-based InnoSwitch3-AQ switcher ICs, providing an efficient and reliable solution to power all the 12 V electric systems in an EV. Learn more here: https://okt.to/BWxJtI

	Dec '13	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	347.09M -	348.80M 0.49%	343.99M 1.38%	387.39M 12.62%	431.75M 11.45%	415.95M 3.66%	420.67M 1.13%	488.32M 16.08%	703.28M 44.02%	651.14M 7.41%	444.54M 31.73%
cost of revenue	163.85M -	159.23M 2.82%	170.60M 7.14%	196.23M 15.02%	218.09M 11.14%	201.17M 7.76%	207.27M 3.03%	244.73M 18.07%	342.64M 40.01%	284.23M 17.05%	215.58M 24.15%
gross profit	183.24M -	189.57M 3.46%	173.39M 8.54%	191.16M 10.25%	213.66M 11.77%	214.79M 0.53%	213.40M 0.65%	243.59M 14.15%	360.64M 48.05%	366.91M 1.74%	228.96M 37.60%
selling and marketing expenses	40.94M -	44.61M 8.95%	43.79M 1.84%	45.53M 3.99%	49.24M 8.13%	51.16M 3.92%	52.72M 3.04%	53.58M 1.63%	60.04M 12.06%	62.33M 3.82%	64.60M 3.63%
general and administrative expenses	32.05M -	30.19M 5.81%	29.72M 1.55%	33.03M 11.13%	36.14M 9.43%	26.97M 25.37%	28.16M 4.40%	36.90M 31.03%	39.84M 7.98%	28.90M 27.47%	33.23M 15.00%
selling general and administrative expenses	72.99M -	74.79M 2.47%	73.51M 1.72%	78.56M 6.88%	85.38M 8.67%	78.14M 8.48%	80.88M 3.51%	90.47M 11.86%	99.88M 10.39%	91.23M 8.66%	97.83M 7.23%
research and development expenses	51.65M -	54.98M 6.44%	57M 3.67%	62.31M 9.32%	68.50M 9.94%	70.58M 3.03%	73.47M 4.09%	81.71M 11.22%	84.93M 3.94%	93.89M 10.55%	96.07M 2.31%
other expenses	864K -	1.02M 17.82%	425K 58.25%	1.08M 153.65%	2.66M 146.94%	4.12M 54.62%	1.58M 61.69%	919K 41.72%	771K 16.10%	1.37M 77.82%	10.85M 691.25%
cost and expenses	293.02M -	292.19M 0.28%	303.88M 4.00%	339.55M 11.74%	374.12M 10.18%	351.78M 5.97%	363.19M 3.24%	417.83M 15.04%	528.22M 26.42%	470.73M 10.88%	409.48M 13.01%
operating expenses	129.17M -	132.97M 2.94%	133.28M 0.24%	143.32M 7.53%	156.03M 8.87%	150.62M 3.47%	155.92M 3.52%	173.10M 11.02%	185.58M 7.21%	186.50M 0.49%	193.90M 3.97%
interest expense	23K -									-3.01M -
ebitda	77.06M -	79.37M 3.00%	64.72M 18.46%	71.32M 10.19%	82.09M 15.11%	96.88M 18.01%	-77.66M 180.16%	98.59M 226.94%	210.01M 113.01%	217.76M 3.69%	72.44M 66.74%
operating income	54.07M -	55.80M 3.20%	38.99M 30.12%	47.84M 22.70%	57.64M 20.47%	55.65M 3.45%	57.48M 3.29%	70.49M 22.63%	175.06M 148.36%	180.41M 3.06%	35.06M 80.57%
depreciation and amortization	23.49M -	21.96M 6.54%	23.50M 7.05%	23.48M 0.12%	24.46M 4.18%	24.18M 1.11%	-135.14M 658.78%	28.10M 120.79%	34.95M 24.36%	37.34M 6.86%	37.38M 0.08%
total other income expenses net	1.36M -	209K 84.64%	-688K 429.19%	1.08M 256.69%	2.66M 146.94%	-4.41M 265.63%	164.94M 3,840.89%	4.76M 97.11%	1.08M 77.39%	3.01M 179.85%	10.85M 259.92%
income before tax	55.43M -	56.81M 2.50%	39.42M 30.62%	48.92M 24.11%	60.30M 23.26%	59.76M 0.89%	222.41M 272.15%	75.25M 66.17%	176.13M 134.06%	183.43M 4.14%	45.91M 74.97%
income tax expense	-1.84M -	-2.73M 48.45%	271K 109.93%	1.03M 280.81%	32.69M 3,067.64%	-10.22M 131.26%	28.95M 383.23%	4.08M 85.92%	11.72M 187.66%	12.57M 7.28%	-9.83M 178.16%
net income	57.27M -	59.54M 3.98%	39.15M 34.26%	47.89M 22.33%	27.61M 42.35%	69.98M 153.48%	193.47M 176.45%	71.18M 63.21%	164.41M 130.99%	170.85M 3.92%	55.73M 67.38%
weighted average shs out	58.84M -	59.95M 1.89%	58.00M 3.25%	57.85M 0.26%	59.35M 2.59%	58.91M 0.73%	58.53M 0.64%	59.66M 1.92%	60.33M 1.12%	57.80M 4.19%	57.20M 1.05%
weighted average shs out dil	60.84M -	61.66M 1.34%	59.39M 3.68%	59.24M 0.26%	61.09M 3.13%	60.29M 1.30%	59.63M 1.10%	60.84M 2.03%	61.47M 1.02%	58.37M 5.04%	57.62M 1.28%
eps	0.98 -	1 2.04%	0.68 32.00%	0.85 25.00%	0.47 44.71%	1.19 153.19%	3.31 178.15%	1.19 64.05%	2.73 129.41%	2.96 8.42%	0.97 67.23%
epsdiluted	0.94 -	0.97 3.19%	0.66 31.96%	0.83 25.76%	0.45 45.78%	1.16 157.78%	3.24 179.31%	1.17 63.89%	2.67 128.21%	2.93 9.74%	0.97 66.89%

NASDAQ:POWI

Power Integrations

Last Close

77.66

17/05 20:00

Market Cap

4.39B

Beta: 1.19

Volume Today

287.75K

Avg: 406.63K

PE Ratio

66.50

PFCF: 79.79

Dividend Yield

1.03%

Payout:66.78%