Power Solutions International, Inc. income statement
In fiscal 2025, Power Solutions International, Inc. reported revenue of $722m, up 51.8% on the year before, operating income of $110m (a 15.2% margin) and net income of $114m, or $4.94 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 83 | 101 | 155 | 202 | 238 | 348 | 362 | 339 | 417 | 94 | 546 | 418 | 456 | 481 | 459 | 476 | 722 | 676 |
| Cost of revenue | — | — | — | — | — | 284 | 311 | 310 | 366 | 85 | 446 | 359 | 415 | 393 | 353 | 335 | 538 | 515 |
| Gross profit | 16 | 17 | 26 | 34 | 45 | 64 | 51 | 29 | 51 | 10 | 100 | 58 | 41 | 89 | 106 | 141 | 185 | 161 |
| Research and development | 3 | 3 | 4 | 7 | 9 | 19 | 24 | 19 | 20 | 6 | 25 | 25 | 22 | 19 | 19 | 20 | 18 | 19 |
| Selling and marketing | 5 | 5 | 7 | 6 | 8 | 23 | 29 | 29 | 44 | 13 | 54 | 52 | 58 | 43 | 40 | 37 | 56 | — |
| General and administrative | 3 | 3 | 5 | 8 | 12 | 13 | 16 | — | — | — | — | — | — | — | — | — | — | — |
| Operating income | 6 | 4 | 10 | 12 | 15 | 24 | −17 | −25 | −18 | −10 | 17 | −22 | −42 | 25 | 44 | 82 | 110 | 88 |
| Interest expense | 2 | 2 | 1 | 1 | 1 | 1 | 4 | 11 | 11 | 2 | 8 | 6 | 7 | 13 | 17 | 11 | 7 | 7 |
| Income before tax | 4 | 2 | 7 | 11 | −14 | 29 | −13 | −36 | −47 | −14 | 9 | −27 | −49 | 12 | 27 | 70 | 103 | 82 |
| Income tax | 1 | 0 | 3 | 4 | 5 | 8 | −10 | 12 | 0 | −0 | 0 | −4 | −0 | 0 | 1 | 1 | −11 | 14 |
| Net income | 2 | 2 | 4 | 7 | −19 | 21 | −3 | −47 | −48 | −14 | 8 | −23 | −48 | 11 | 26 | 69 | 114 | 68 |
| Diluted EPS | — | — | — | — | — | $1.38 | −$1.11 | −$4.47 | −$6.20 | −$0.77 | $0.38 | −$1.00 | −$2.12 | $0.49 | $1.15 | $3.01 | $4.94 | $2.94 |
| Diluted shares (average) | — | — | — | — | — | 11m | 11m | 11m | 14m | 18m | 22m | 23m | 23m | 23m | 23m | 23m | 23m | 23m |
| EBITDA | 7 | 5 | 11 | 13 | 17 | 27 | −13 | −21 | −13 | −5 | 22 | −17 | −37 | 29 | 48 | 85 | 114 | 93 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 126 | 144 | 135 | 192 | 204 | 191 | 129 | 153 |
| Cost of revenue | 89 | 101 | 95 | 138 | 155 | 149 | 99 | 111 |
| Gross profit | 36 | 43 | 40 | 54 | 49 | 42 | 29 | 41 |
| Research and development | 5 | 5 | 4 | 5 | 5 | 5 | 5 | 5 |
| Selling, general and administrative | — | — | — | 17 | — | — | — | 12 |
| Selling and marketing | 11 | 12 | 11 | — | 15 | 13 | 13 | — |
| Operating income | 20 | 25 | 25 | 32 | 28 | 24 | 11 | 24 |
| Interest expense | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Income before tax | 18 | 23 | 23 | 31 | 27 | 23 | 10 | 22 |
| Income tax | 0 | −0 | 4 | −20 | −1 | 7 | 2 | 6 |
| Net income | 17 | 23 | 19 | 51 | 28 | 16 | 7 | 17 |
| Diluted EPS | $0.75 | $1.01 | $0.83 | $2.22 | $1.20 | $0.69 | $0.32 | $0.73 |
| EBITDA | 21 | 26 | 26 | 34 | 29 | 25 | 13 | 25 |
Compare with peers
- Enerpac Tool Group Corp income statement
- Gorman Rupp Co income statement
- Mayville Engineering Company, Inc. income statement
- Proto Labs Inc income statement
- Helios Technologies, Inc. income statement
Head to head: EPAC vs PSIXGRC vs PSIXMEC vs PSIX
More: Industrial Machinery & Supplies & Components stocks compared, Industrials sector, rankings of US companies