AI brief of an SEC Form 8-K · Power Integrations (POWI)

Power Integrations Q4 revenue down 2% year over year; 7% workforce cut

Mixed Impact 4 of 5 earnings Written later

Power Integrations reported fourth-quarter 2025 net revenue of $103.2 million, down 2% from a year earlier and down 13% from the prior quarter, while full-year 2025 revenue rose 6% to $443.5 million. The company also approved a reduction of about 7% of its global workforce, with $3.5 million to $4.0 million of severance costs expected in the first quarter of 2026, and guided first-quarter 2026 revenue to $104 million to $109 million.

Key points

  • Q4 2025 GAAP net income was $13.3 million, or $0.24 per diluted share, versus $0.16 a year earlier and a $0.02 loss in the prior quarter.
  • Full-year 2025 GAAP net income was $22.1 million, or $0.39 per diluted share, versus $0.56 in 2024.
  • Reduction in force terminated about 7% of global workforce on February 2, 2026, with costs of $3.5 million to $4.0 million expected mainly in Q1 2026.
  • Balu Balakrishnan stepped down as Chairman; Balakrishnan S. Iyer was appointed Chairman, and the Board will no longer have a Lead Independent Director.

The filing

CompanyPower Integrations (POWI)
Form8-K, current report
Filed with the SECFeb 5, 2026, 4:18 PM ET
Accession number0000833640-26-000028

Items reported: 1.01 Material Definitive Agreement2.02 Results of Operations2.05 Exit / Restructuring Costs8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.