Power Integrations was founded in 1998 and is headquartered in San Jose, US

Power Integrations has offices in San Jose and Ottawa

San Jose, US (HQ)

5245 Hellyer Ave

Ottawa, CA

120 50 Hines Rd

Power Integrations's revenue was reported to be $104.7 m in Q1, 2017

USD

## Revenue (Q1, 2017) | 104.7 m |

## Gross profit (Q1, 2017) | 50.5 m |

## Gross profit margin (Q1, 2017), % | 48% |

## Net income (Q1, 2017) | 14.1 m |

## EBIT (Q1, 2017) | 12.9 m |

## Market capitalization (21-Jul-2017) | 2.5 b |

## Cash (31-Mar-2017) | 46.3 m |

Power Integrations's current market capitalization is $2.5 b.

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 347.1 m | 348.8 m | 344 m | 387.4 m |

## Revenue growth, % | 0% | (1%) | 13% | |

## Cost of goods sold | 170.6 m | 196.2 m | ||

## Gross profit | 183.2 m | 189.6 m | 173.4 m | 191.2 m |

## Gross profit Margin, % | 53% | 54% | 50% | 49% |

## Sales and marketing expense | 48 m | |||

## R&D expense | 62.3 m | |||

## General and administrative expense | 33 m | |||

## Operating expense total | 129.2 m | 133.8 m | 134.4 m | 143.3 m |

## EBIT | 54.1 m | 55.8 m | 39 m | 47.8 m |

## EBIT margin, % | 16% | 16% | 11% | 12% |

## Interest income | 1 m | |||

## Pre tax profit | 39.4 m | 48.9 m | ||

## Income tax expense | 271 k | 1 m | ||

## Net Income | 57.3 m | 59.5 m | 39.1 m | 47.9 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 89 m | 90.1 m | 82.6 m | 85.3 m | 88.9 m | 85.3 m | 97.2 m | 103.8 m | 104.7 m |

## Cost of goods sold | 40.2 m | 41.1 m | 40.3 m | 41.2 m | 44.7 m | 42.4 m | 49.5 m | 52.6 m | 54.2 m |

## Gross profit | 48.7 m | 49.1 m | 42.3 m | 44 m | 44.2 m | 42.9 m | 47.6 m | 51.2 m | 50.5 m |

## Gross profit Margin, % | 55% | 54% | 51% | 52% | 50% | 50% | 49% | 49% | 48% |

## Sales and marketing expense | 12.2 m | 11.6 m | 12.1 m | 12.5 m | 11.1 m | 11.4 m | 12 m | 12 m | 12.2 m |

## R&D expense | 14.4 m | 13.5 m | 14.9 m | 14.9 m | 13.9 m | 14.8 m | 15.9 m | 15.9 m | 16.6 m |

## General and administrative expense | 7.8 m | 7.2 m | 8.3 m | 7.5 m | 7.4 m | 7.9 m | 8.1 m | 8.8 m | 8.7 m |

## Operating expense total | 34.4 m | 32.2 m | 35.3 m | 34.8 m | 32.4 m | 34 m | 36 m | 36.7 m | 37.6 m |

## EBIT | 14.3 m | 16.9 m | 7 m | 9.2 m | 11.8 m | 8.9 m | 11.6 m | 14.5 m | 12.9 m |

## EBIT margin, % | 16% | 19% | 8% | 11% | 13% | 10% | 12% | 14% | 12% |

## Pre tax profit | 6.7 m | 9.2 m | 12.2 m | 9.2 m | 11.9 m | 14.8 m | 13.4 m | ||

## Income tax expense | (2.2 m) | 1.1 m | 391 k | 628 k | 698 k | 330 k | 598 k | 586 k | (677 k) |

## Net Income | 16.7 m | 16.1 m | 6.3 m | 8.6 m | 11.5 m | 8.8 m | 11.3 m | 14.2 m | 14.1 m |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 92.9 m | 60.7 m | 90.1 m | 62.1 m |

## Accounts Receivable | 41.1 m | |||

## Inventories | 42.2 m | 64 m | 51.9 m | 52.6 m |

## Current Assets | 277.4 m | 265.9 m | 240.4 m | 318.5 m |

## PP&E | 90.1 m | 95.8 m | 99.4 m | 95.3 m |

## Goodwill | 80.6 m | 80.6 m | 91.8 m | 91.8 m |

## Total Assets | 501.4 m | 493.7 m | 487.5 m | 555.3 m |

## Accounts Payable | 20.8 m | 22 m | 21.7 m | 29.7 m |

## Current Liabilities | 50.4 m | 55.2 m | 52 m | 59.9 m |

## Total Liabilities | 67.2 m | |||

## Additional Paid-in Capital | 223.7 m | 171.9 m | 145.4 m | 172.9 m |

## Retained Earnings | 213.5 m | 259.8 m | 285.1 m | 317.9 m |

## Total Equity | 428.6 m | 488.1 m | ||

## Financial Leverage | 1.1 x | 1.1 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 79.1 m | 60.7 m | 85.6 m | 75.9 m | 59.7 m | 94.7 m | 105.3 m | 95.9 m | 46.3 m |

## Accounts Receivable | 13.2 m | ||||||||

## Inventories | 51.3 m | 57 m | 65 m | 64.2 m | 55.4 m | 45.7 m | 46.7 m | 49.9 m | 51.1 m |

## Current Assets | 295.7 m | 292.1 m | 262.3 m | 257.8 m | 223.3 m | 249.4 m | 269.5 m | 298.6 m | 333.1 m |

## PP&E | 91.4 m | 96.5 m | 94.2 m | 92.9 m | 102.2 m | 97.7 m | 95.7 m | 94.4 m | 105.9 m |

## Goodwill | 80.6 m | 80.6 m | 91.8 m | 91.8 m | 91.8 m | 91.8 m | 91.8 m | 91.8 m | 91.8 m |

## Total Assets | 517.6 m | 519.4 m | 507.2 m | 499.5 m | 473.5 m | 492.8 m | 509.5 m | 535.3 m | 588.7 m |

## Accounts Payable | 22.8 m | 24.8 m | 23.9 m | 30.8 m | 23.4 m | 19.9 m | 24.4 m | 30.1 m | 37.5 m |

## Current Liabilities | 55.6 m | 58.4 m | 58.9 m | 64.5 m | 55.2 m | 50.5 m | 54.5 m | 59.1 m | 50.9 m |

## Common Stock | 30 k | 29 k | 29 k | 29 k | 28 k | 28 k | 28 k | 28 k | 29 k |

## Additional Paid-in Capital | 216.3 m | 203.1 m | 178.8 m | 161.1 m | 136.4 m | 146.7 m | 151.8 m | 162.8 m | 182.2 m |

## Retained Earnings | 236.5 m | 249 m | 262.7 m | 267.7 m | 275.8 m | 290.2 m | 297.7 m | 308.1 m | 350.4 m |

## Total Equity | 427.7 m | 411.2 m | 435.2 m | 448 m | 469.1 m | 530.1 m | |||

## Financial Leverage | 1.2 x | 1.2 x | 1.1 x | 1.1 x | 1.1 x | 1.1 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | 57.3 m | 59.5 m | 39.1 m | 47.9 m |

## Depreciation and Amortization | 23.5 m | 22 m | 23.5 m | 23.5 m |

## Accounts Receivable | (4.9 m) | 2.1 m | 4.1 m | 650 k |

## Inventories | 2.4 m | (22 m) | 13.5 m | (630 k) |

## Accounts Payable | 2.5 m | 2.3 m | (2 m) | 7.7 m |

## Cash From Operating Activities | 98.7 m | 85.6 m | 92.2 m | 97.9 m |

## Purchases of PP&E | (14 m) | (23.1 m) | (11.4 m) | (12.2 m) |

## Cash From Investing Activities | (90.7 m) | (38.1 m) | (7.7 m) | (117.4 m) |

## Cash From Financing Activities | 21.5 m | (79.6 m) | (55.1 m) | (8.4 m) |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 16.7 m | 16.1 m | 6.3 m | 8.6 m | 11.5 m | 8.8 m | 11.3 m | 14.2 m | 14.1 m |

## Accounts Receivable | 13.2 m | ||||||||

## Inventories | 51.3 m | 57 m | 65 m | 64.2 m | 55.4 m | 45.7 m | 46.7 m | 49.9 m | 51.1 m |

## Accounts Payable | 22.8 m | 24.8 m | 23.9 m | 30.8 m | 23.4 m | 19.9 m | 24.4 m | 30.1 m | 37.5 m |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 167.2 k |

## Financial Leverage | 1.1 x |

Source: 35 public H-1B filings from Power Integrations