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