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Side-by-side financial comparison of POWER INTEGRATIONS INC (POWI) and STRATTEC SECURITY CORP (STRT). Click either name above to swap in a different company.

STRATTEC SECURITY CORP is the larger business by last-quarter revenue ($137.5M vs $103.2M, roughly 1.3× POWER INTEGRATIONS INC). POWER INTEGRATIONS INC runs the higher net margin — 12.9% vs 3.6%, a 9.3% gap on every dollar of revenue. On growth, STRATTEC SECURITY CORP posted the faster year-over-year revenue change (5.9% vs -1.9%). POWER INTEGRATIONS INC produced more free cash flow last quarter ($19.2M vs $11.3M). Over the past eight quarters, STRATTEC SECURITY CORP's revenue compounded faster (7.7% CAGR vs 6.1%).

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.

STRATTEC Security Corp designs, manufactures and markets mechanical and electronic security access products, including automotive locks, keys, passive entry systems, and trunk release mechanisms. It primarily serves global automotive original equipment manufacturers, heavy-duty vehicle makers, and the automotive aftermarket across North America, Europe and Asia Pacific.

POWI vs STRT — Head-to-Head

Bigger by revenue
STRT
STRT
1.3× larger
STRT
$137.5M
$103.2M
POWI
Growing faster (revenue YoY)
STRT
STRT
+7.8% gap
STRT
5.9%
-1.9%
POWI
Higher net margin
POWI
POWI
9.3% more per $
POWI
12.9%
3.6%
STRT
More free cash flow
POWI
POWI
$7.9M more FCF
POWI
$19.2M
$11.3M
STRT
Faster 2-yr revenue CAGR
STRT
STRT
Annualised
STRT
7.7%
6.1%
POWI

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
POWI
POWI
STRT
STRT
Revenue
$103.2M
$137.5M
Net Profit
$13.3M
$4.9M
Gross Margin
52.9%
16.5%
Operating Margin
8.5%
3.5%
Net Margin
12.9%
3.6%
Revenue YoY
-1.9%
5.9%
Net Profit YoY
45.4%
275.1%
EPS (diluted)
$0.24
$1.20

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
POWI
POWI
STRT
STRT
Q4 25
$103.2M
$137.5M
Q3 25
$118.9M
$152.4M
Q2 25
$115.9M
$152.0M
Q1 25
$105.5M
$144.1M
Q4 24
$105.3M
$129.9M
Q3 24
$115.8M
$139.1M
Q2 24
$106.2M
Q1 24
$91.7M
$140.8M
Net Profit
POWI
POWI
STRT
STRT
Q4 25
$13.3M
$4.9M
Q3 25
$-1.4M
$8.5M
Q2 25
$1.4M
$8.3M
Q1 25
$8.8M
$5.4M
Q4 24
$9.1M
$1.3M
Q3 24
$14.3M
$3.7M
Q2 24
$4.8M
Q1 24
$4.0M
$1.5M
Gross Margin
POWI
POWI
STRT
STRT
Q4 25
52.9%
16.5%
Q3 25
54.5%
17.3%
Q2 25
55.2%
16.7%
Q1 25
55.2%
16.0%
Q4 24
54.4%
13.2%
Q3 24
54.5%
13.6%
Q2 24
53.2%
Q1 24
52.1%
10.4%
Operating Margin
POWI
POWI
STRT
STRT
Q4 25
8.5%
3.5%
Q3 25
-3.3%
6.9%
Q2 25
-1.2%
5.6%
Q1 25
6.4%
4.9%
Q4 24
3.7%
1.6%
Q3 24
10.0%
3.6%
Q2 24
1.8%
Q1 24
0.5%
1.4%
Net Margin
POWI
POWI
STRT
STRT
Q4 25
12.9%
3.6%
Q3 25
-1.1%
5.6%
Q2 25
1.2%
5.4%
Q1 25
8.3%
3.7%
Q4 24
8.7%
1.0%
Q3 24
12.3%
2.7%
Q2 24
4.6%
Q1 24
4.3%
1.1%
EPS (diluted)
POWI
POWI
STRT
STRT
Q4 25
$0.24
$1.20
Q3 25
$-0.02
$2.07
Q2 25
$0.02
$2.02
Q1 25
$0.15
$1.32
Q4 24
$0.15
$0.32
Q3 24
$0.25
$0.92
Q2 24
$0.09
Q1 24
$0.07
$0.37

Balance Sheet & Financial Strength

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

Metric
POWI
POWI
STRT
STRT
Cash + ST InvestmentsLiquidity on hand
$249.5M
$99.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$672.8M
$236.8M
Total Assets
$772.2M
$392.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
POWI
POWI
STRT
STRT
Q4 25
$249.5M
$99.0M
Q3 25
$241.9M
$90.5M
Q2 25
$268.7M
$84.6M
Q1 25
$289.3M
$62.1M
Q4 24
$300.0M
$42.6M
Q3 24
$303.8M
$34.4M
Q2 24
$290.5M
Q1 24
$299.6M
$9.6M
Stockholders' Equity
POWI
POWI
STRT
STRT
Q4 25
$672.8M
$236.8M
Q3 25
$672.0M
$230.5M
Q2 25
$703.8M
$221.6M
Q1 25
$735.8M
$210.7M
Q4 24
$749.8M
$204.5M
Q3 24
$749.2M
$203.0M
Q2 24
$730.7M
Q1 24
$738.2M
$193.8M
Total Assets
POWI
POWI
STRT
STRT
Q4 25
$772.2M
$392.2M
Q3 25
$772.5M
$390.1M
Q2 25
$797.5M
$391.5M
Q1 25
$814.4M
$387.4M
Q4 24
$828.8M
$355.9M
Q3 24
$825.0M
$366.9M
Q2 24
$804.8M
Q1 24
$805.8M
$348.5M

Cash Flow & Capital Efficiency

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

Metric
POWI
POWI
STRT
STRT
Operating Cash FlowLast quarter
$26.2M
$13.9M
Free Cash FlowOCF − Capex
$19.2M
$11.3M
FCF MarginFCF / Revenue
18.6%
8.2%
Capex IntensityCapex / Revenue
6.8%
1.9%
Cash ConversionOCF / Net Profit
1.97×
2.81×
TTM Free Cash FlowTrailing 4 quarters
$87.1M
$67.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
POWI
POWI
STRT
STRT
Q4 25
$26.2M
$13.9M
Q3 25
$29.9M
$11.3M
Q2 25
$29.1M
$30.2M
Q1 25
$26.4M
$20.7M
Q4 24
$14.7M
$9.4M
Q3 24
$32.9M
$11.3M
Q2 24
$17.6M
Q1 24
$15.9M
$-309.0K
Free Cash Flow
POWI
POWI
STRT
STRT
Q4 25
$19.2M
$11.3M
Q3 25
$24.2M
$9.8M
Q2 25
$23.1M
$27.2M
Q1 25
$20.7M
$19.6M
Q4 24
$11.7M
$8.5M
Q3 24
$27.2M
$9.3M
Q2 24
$13.5M
Q1 24
$11.6M
$-2.0M
FCF Margin
POWI
POWI
STRT
STRT
Q4 25
18.6%
8.2%
Q3 25
20.3%
6.4%
Q2 25
20.0%
17.9%
Q1 25
19.6%
13.6%
Q4 24
11.1%
6.6%
Q3 24
23.5%
6.7%
Q2 24
12.7%
Q1 24
12.6%
-1.4%
Capex Intensity
POWI
POWI
STRT
STRT
Q4 25
6.8%
1.9%
Q3 25
4.8%
1.0%
Q2 25
5.1%
2.0%
Q1 25
5.4%
0.8%
Q4 24
2.9%
0.7%
Q3 24
4.9%
1.5%
Q2 24
3.9%
Q1 24
4.7%
1.2%
Cash Conversion
POWI
POWI
STRT
STRT
Q4 25
1.97×
2.81×
Q3 25
1.33×
Q2 25
21.24×
3.65×
Q1 25
3.00×
3.84×
Q4 24
1.61×
7.16×
Q3 24
2.30×
3.06×
Q2 24
3.64×
Q1 24
4.02×
-0.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

POWI
POWI

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

STRT
STRT

Door Handles And Exterior Trim$35.0M25%
Power Access Solutions$34.5M25%
Keys And Locksets$26.8M19%
Latches$16.3M12%
User Interface Controls$12.5M9%
Aftermarket And Service$9.4M7%
Other Product$3.1M2%
Related Party$1.3M1%

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