Power Integrations reported a strong first quarter for 2025, with revenues increasing 15% year-over-year to $105.5 million. GAAP earnings were $0.15 per diluted share, and non-GAAP earnings were $0.31 per diluted share. The company also authorized a new $50 million share repurchase program.
Revenues increased 15% year-over-year to $105.5 million.
GAAP earnings were $0.15 per diluted share.
Non-GAAP earnings were $0.31 per diluted share.
A new $50 million share-repurchase authorization was approved.
For the second quarter of 2025, Power Integrations expects revenues to be $115 million, plus or minus $5 million. GAAP gross margin is expected to be approximately 55 percent, and non-GAAP gross margin is expected to be approximately 55.5 percent. GAAP operating expenses are expected to be approximately $56 million, and non-GAAP operating expenses are expected to be approximately $46 million.
Visualization of income flow from segment revenue to net income