Power Integrations Reports Q3 2026 Growth Driven by GaN Products and Industrial Strength
Power Integrations, Inc. (POWI) reported strong third-quarter 2026 results, with revenue reaching $125.5 million, a 6% increase year-over-year. The company's performance was bolstered by significant growth in its Communications and Computer categories, driven by Gallium Nitride (GaN) product adoption and seasonal ramps. Non-GAAP EPS rose to $0.46, reflecting improved operating leverage and disciplined expense management. Despite the overall growth, the Consumer segment faced headwinds, declining 7% sequentially due to soft appliance demand and stagnant housing markets. Additionally, channel inventory rose to 11.8 weeks as customers increased buffer stocks amid supply chain uncertainties. Looking ahead, the company issued optimistic fourth-quarter revenue guidance of $118 million to $126 million and highlighted a tripling of its data center pipeline.
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Topics: GaN products industrial market strength operating margin revenue growth segment performance
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Part of the story Power Integrations Reports Q3 2026 Growth Driven by GaN Products and Industrial Strength (4 articles)