Power Solutions Q1 net income drops 62% to $7.3 million; net sales fall 5% to $128.6 million
Power Solutions International, Inc. PSIX | 0.00 |
- Power Solutions International posted net income of USD 7.3 million, down 62%, as net sales fell 5% to USD 128.6 million.
- Gross margin narrowed 6.8 percentage points to 22.9%, driving operating income down 54% to USD 11.4 million.
- Net cash provided by operating activities rose to USD 19.1 million from favorable working-capital changes, while net cash used in investing activities widened to USD 13.8 million.
- Sales weakness centered in power systems, reflecting uneven customer ordering patterns, softness in oil and gas, and shipment timing for data center-related products.
- Management expects second-quarter revenue to be generally consistent with first quarter, with stronger second-half sales growth tied to larger Power Systems orders moving into production and being recognized as revenue.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Power Solutions International Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-033451), on May 11, 2026, and is solely responsible for the information contained therein.
