The Inventing Press

POWER SOLUTIONS INTERNATIONAL, INC.

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$722.4M$476.0M$459.0M$481.3M$456.3M
Cost of revenue$537.5M$335.4M$353.1M$392.8M$415.0M
Gross profit$184.9M$140.5M$105.9M$88.6M$41.3M
Research and development$18.2M$20.1M$19.5M$18.9M$22.4M
Operating expenses$75.2M$58.9M$61.6M$64.0M$82.8M
Operating income$109.7M$81.6M$44.3M$24.6M-$41.6M
Interest expense$6.7M$11.4M$17.1M$13.0M$7.3M
Pretax income$103.4M$70.2M$27.2M$11.6M-$48.9M
Income tax expense-$10.6M$922,000$900,000$304,000-$406,000
Net income$114.0M$69.3M$26.3M$11.3M-$48.5M
Balance Sheet
Cash and equivalents$41.2M$55.3M$22.8M$24.3M$6.3M
Current assets$290.9M$254.3M$205.4M$255.3M$230.2M
Total assets$424.7M$328.2M$284.3M$319.9M$300.5M
Current liabilities$92.3M$227.6M$248.3M$319.3M$283.3M
Total liabilities$246.1M$262.9M$288.2M$350.3M$342.6M
Total debt$96.6M$120.2M$145.2M$211.0M$180.9M
Stockholders' equity$178.6M$65.2M-$3.9M-$30.4M-$42.0M
Cash Flow Statement
Cash from operations$24.1M$62.4M$70.5M-$8.8M-$61.5M
Depreciation and amortization$4.2M$3.7M$3.9M$4.6M$4.9M
Stock-based compensation$427,000$89,000$151,000$385,000$394,000
Impairments$0$0$0$0$0

Shares outstanding 23.1M · Free float 6.3%

Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.