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Side-by-side financial comparison of MARTIN MIDSTREAM PARTNERS L.P. (MMLP) and POWER INTEGRATIONS INC (POWI). Click either name above to swap in a different company.

MARTIN MIDSTREAM PARTNERS L.P. is the larger business by last-quarter revenue ($187.7M vs $103.2M, roughly 1.8× POWER INTEGRATIONS INC). POWER INTEGRATIONS INC runs the higher net margin — 12.9% vs 1.7%, a 11.2% gap on every dollar of revenue. On growth, POWER INTEGRATIONS INC posted the faster year-over-year revenue change (-1.9% vs -2.5%). POWER INTEGRATIONS INC produced more free cash flow last quarter ($19.2M vs $-6.0M). Over the past eight quarters, POWER INTEGRATIONS INC's revenue compounded faster (6.1% CAGR vs 0.8%).

Martin Midstream Partners L.P. is a U.S.-based midstream energy services provider. It offers storage, transportation, distribution and processing solutions for crude oil, natural gas liquids, refined petroleum products and specialty chemicals, mainly serving customers across North American energy and industrial segments.

American Electric Power Company, Inc. is an American domestic electric utility company in the United States. It is one of the largest electric utility companies in the country, with more than five million customers in 11 states.

MMLP vs POWI — Head-to-Head

Bigger by revenue
MMLP
MMLP
1.8× larger
MMLP
$187.7M
$103.2M
POWI
Growing faster (revenue YoY)
POWI
POWI
+0.6% gap
POWI
-1.9%
-2.5%
MMLP
Higher net margin
POWI
POWI
11.2% more per $
POWI
12.9%
1.7%
MMLP
More free cash flow
POWI
POWI
$25.2M more FCF
POWI
$19.2M
$-6.0M
MMLP
Faster 2-yr revenue CAGR
POWI
POWI
Annualised
POWI
6.1%
0.8%
MMLP

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MMLP
MMLP
POWI
POWI
Revenue
$187.7M
$103.2M
Net Profit
$3.2M
$13.3M
Gross Margin
52.9%
Operating Margin
4.1%
8.5%
Net Margin
1.7%
12.9%
Revenue YoY
-2.5%
-1.9%
Net Profit YoY
-37.1%
45.4%
EPS (diluted)
$0.24

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MMLP
MMLP
POWI
POWI
Q1 26
$187.7M
Q4 25
$174.2M
$103.2M
Q3 25
$168.7M
$118.9M
Q2 25
$180.7M
$115.9M
Q1 25
$192.5M
$105.5M
Q4 24
$171.3M
$105.3M
Q3 24
$170.9M
$115.8M
Q2 24
$184.5M
$106.2M
Net Profit
MMLP
MMLP
POWI
POWI
Q1 26
$3.2M
Q4 25
$-2.9M
$13.3M
Q3 25
$-8.4M
$-1.4M
Q2 25
$-2.4M
$1.4M
Q1 25
$-1.0M
$8.8M
Q4 24
$-8.9M
$9.1M
Q3 24
$-3.3M
$14.3M
Q2 24
$3.8M
$4.8M
Gross Margin
MMLP
MMLP
POWI
POWI
Q1 26
Q4 25
57.1%
52.9%
Q3 25
55.1%
54.5%
Q2 25
56.5%
55.2%
Q1 25
53.5%
55.2%
Q4 24
58.2%
54.4%
Q3 24
58.5%
54.5%
Q2 24
58.4%
53.2%
Operating Margin
MMLP
MMLP
POWI
POWI
Q1 26
4.1%
Q4 25
7.3%
8.5%
Q3 25
4.1%
-3.3%
Q2 25
8.2%
-1.2%
Q1 25
7.5%
6.4%
Q4 24
4.0%
3.7%
Q3 24
7.4%
10.0%
Q2 24
10.8%
1.8%
Net Margin
MMLP
MMLP
POWI
POWI
Q1 26
1.7%
Q4 25
-1.7%
12.9%
Q3 25
-5.0%
-1.1%
Q2 25
-1.3%
1.2%
Q1 25
-0.5%
8.3%
Q4 24
-5.2%
8.7%
Q3 24
-1.9%
12.3%
Q2 24
2.0%
4.6%
EPS (diluted)
MMLP
MMLP
POWI
POWI
Q1 26
Q4 25
$0.24
Q3 25
$-0.02
Q2 25
$0.02
Q1 25
$0.15
Q4 24
$0.15
Q3 24
$0.25
Q2 24
$0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MMLP
MMLP
POWI
POWI
Cash + ST InvestmentsLiquidity on hand
$249.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$672.8M
Total Assets
$537.1M
$772.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MMLP
MMLP
POWI
POWI
Q1 26
Q4 25
$249.5M
Q3 25
$241.9M
Q2 25
$268.7M
Q1 25
$289.3M
Q4 24
$300.0M
Q3 24
$303.8M
Q2 24
$290.5M
Total Debt
MMLP
MMLP
POWI
POWI
Q1 26
Q4 25
$428.0M
Q3 25
$441.3M
Q2 25
$427.8M
Q1 25
$451.4M
Q4 24
$437.6M
Q3 24
$469.3M
Q2 24
$439.4M
Stockholders' Equity
MMLP
MMLP
POWI
POWI
Q1 26
Q4 25
$672.8M
Q3 25
$672.0M
Q2 25
$703.8M
Q1 25
$735.8M
Q4 24
$749.8M
Q3 24
$749.2M
Q2 24
$730.7M
Total Assets
MMLP
MMLP
POWI
POWI
Q1 26
$537.1M
Q4 25
$522.4M
$772.2M
Q3 25
$510.1M
$772.5M
Q2 25
$515.6M
$797.5M
Q1 25
$533.4M
$814.4M
Q4 24
$538.5M
$828.8M
Q3 24
$554.8M
$825.0M
Q2 24
$535.1M
$804.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MMLP
MMLP
POWI
POWI
Operating Cash FlowLast quarter
$26.2M
Free Cash FlowOCF − Capex
$-6.0M
$19.2M
FCF MarginFCF / Revenue
-3.2%
18.6%
Capex IntensityCapex / Revenue
1.6%
6.8%
Cash ConversionOCF / Net Profit
1.97×
TTM Free Cash FlowTrailing 4 quarters
$27.2M
$87.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MMLP
MMLP
POWI
POWI
Q1 26
Q4 25
$22.4M
$26.2M
Q3 25
$-1.2M
$29.9M
Q2 25
$30.9M
$29.1M
Q1 25
$-6.0M
$26.4M
Q4 24
$42.2M
$14.7M
Q3 24
$-15.8M
$32.9M
Q2 24
$11.8M
$17.6M
Free Cash Flow
MMLP
MMLP
POWI
POWI
Q1 26
$-6.0M
Q4 25
$15.6M
$19.2M
Q3 25
$-7.9M
$24.2M
Q2 25
$25.6M
$23.1M
Q1 25
$-11.9M
$20.7M
Q4 24
$34.2M
$11.7M
Q3 24
$-25.6M
$27.2M
Q2 24
$-696.0K
$13.5M
FCF Margin
MMLP
MMLP
POWI
POWI
Q1 26
-3.2%
Q4 25
8.9%
18.6%
Q3 25
-4.7%
20.3%
Q2 25
14.2%
20.0%
Q1 25
-6.2%
19.6%
Q4 24
20.0%
11.1%
Q3 24
-15.0%
23.5%
Q2 24
-0.4%
12.7%
Capex Intensity
MMLP
MMLP
POWI
POWI
Q1 26
1.6%
Q4 25
3.9%
6.8%
Q3 25
4.0%
4.8%
Q2 25
3.0%
5.1%
Q1 25
3.1%
5.4%
Q4 24
4.6%
2.9%
Q3 24
5.8%
4.9%
Q2 24
6.8%
3.9%
Cash Conversion
MMLP
MMLP
POWI
POWI
Q1 26
Q4 25
1.97×
Q3 25
Q2 25
21.24×
Q1 25
3.00×
Q4 24
1.61×
Q3 24
2.30×
Q2 24
3.13×
3.64×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MMLP
MMLP

Specialty products$61.6M33%
Transportation *$52.8M28%
Other$46.5M25%
Terminalling and storage *$22.4M12%
Sulfur services$4.4M2%

POWI
POWI

Distributors$65.8M64%
Other$10.3M10%
KR$9.3M9%
DE$7.1M7%
TW$5.5M5%
Emea Other Than Germany$5.3M5%

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