POWER SOLUTIONS INTERNATIONAL, INC.

Listed Company

PSIXCIK 0001137091NasdaqLarge AcceleratedEngines & TurbinesIllinoisFY ends Dec 31

Period

FY 2025

Revenue

$722.40M

Net Income

—

Total Assets

—

Equity

—

Shares Out

23.05M

Op. Cash Flow

$24.11M

Business

POWER SOLUTIONS INTERNATIONAL, INC. designs, engineers, manufactures, markets and sells advanced, emissions‑certified engines and integrated power systems that operate on a range of fuels including natural gas, propane, biofuels, gasoline and diesel. Its main products include internally designed and sourced engine blocks, packaged gensets, large custom genset enclosures, fuel systems, electrification components and aftermarket/service parts and programs. The business is managed as a single reportable segment serving power generation, industrial and transportation applications with extensive aftermarket support. It sells primarily to global OEMs and direct end‑users through direct sales, localized independent representatives, distribution agreements and partner/supplier channels.

Summary from filing dated 2025-03-24

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Net sales (to related parties $1,266 and $1,766 for the year ended December 31, 2025 and 2024, respectively)	722	476	459	481	456
Cost of sales (derived from related party net sales $863 and $1,304 for the year ended December 31, 2025 and 2024, respectively)	538	335	353	393	415
Gross profit	185	141	106	89	41
Research and development expenses	18	20	19	19	22
Selling, general and administrative expenses	56	37	40	43	58
Amortization of intangible assets	1	1	2	2	3
Total operating expenses	75	59	62	64	83
Operating income	110	82	44	25	−42
Interest expense (from related parties $634 and $6,998 for the year ended December 31, 2025 and 2024, respectively)	7	11	17	—	—
Other expense (income)	−352,000	0	—	0	1,000
Total other expense, net	6	11	—	13	7
Income before income taxes	103	70	27	12	−49
Income tax (benefit) expense	−11	922,000	900,000	304,000	−406,000
Net income	114	69	26	11	−48
Basic (in shares)	23	23	23	23	23
Diluted (in shares)	23	23	23	23	23
Basic (in dollars per share)	4.95	3.01	1.15	0.49	−2.12
Diluted (in dollars per share)	4.94	3.01	1.15	0.49	−2.12

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	41	55	23	24	6
Restricted cash	4	3	4	4	4
Accounts receivable, net of allowances of $967 and $1,889 as of December 31, 2025 and 2024, respectively; (from related parties $415 and $1,383 as of December 31, 2025 and 2024, respectively)	90	69	67	90	65
Income tax receivable	6	986,000	550,000	555,000	4
Inventories, net	127	94	85	121	142
Prepaid expenses	5	6	9	—	—
Contract assets	16	21	16	4	—
Other current assets	1	4	2	—	—
Total current assets	291	254	205	255	230
Property, plant and equipment, net	23	15	15	14	17
Operating lease right-of-use assets, net	53	23	27	13	14
Intangible assets, net	1	2	4	6	8
Goodwill	30	30	30	30	30
Deferred tax assets	13	0	—	—	—
Customs-related deposits	13	3	—	—	—
Other noncurrent assets	614,000	374,000	3	2	2
TOTAL ASSETS	425	328	284	320	301
Accounts payable (to related parties $4,126 and $14,427 as of December 31, 2025 and 2024, respectively)	48	58	67	76	93
Current maturities of long-term debt	28,000	52,000	139,000	130,000	107,000
Revolving line of credit, current	0	95	50	130	130
Finance lease liability, current	355,000	78,000	76,000	90,000	147,000
Operating lease liability, current	6	5	4	3	4
Other short-term financing (to related parties $25,000 as of December 31, 2024)	0	25	95	76	25
Other accrued liabilities (to related parties $60 and $807 as of December 31, 2025 and 2024, respectively)	37	45	32	34	31
Total current liabilities	92	228	248	319	283
Deferred tax liabilities	0	2	1	1	1
Long-term debt, net of current maturities	10,000	38,000	90,000	5	25
Revolving line of credit, long-term	95	0	—	—	—
Finance lease liability, long-term	1	16,000	94,000	170,000	260,000
Operating lease liability, long-term	49	21	25	11	10
Noncurrent contract liabilities	2	2	2	3	3
Other noncurrent liabilities	7	11	11	10	19
TOTAL LIABILITIES	246	263	288	350	343
Commitments and Contingencies	—	—	—	—	—
Common stock $0.001 par value; 50,000 shares authorized; 23,117 shares issued; 23,041 and 23,000 shares outstanding at December 31, 2025 and 2024, respectively	23,000	23,000	23,000	23,000	23,000
Additional paid-in capital	158	158	158	158	157
Retained earnings (accumulated deficit)	22	−92	−161	−187	−198
Treasury stock, at cost, 76 and 117 shares at December 31, 2025 and 2024, respectively	−1	−823,000	−920,000	−972,000	—
TOTAL STOCKHOLDERS EQUITY	179	65	−4	−30	−42
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	425	328	284	320	301

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation	4	4	4	5	5
Noncash lease expense	6	5	4	—	—
Stock-based compensation expense	427,000	89,000	151,000	385,000	394,000
Amortization of financing fees	646,000	513,000	1	2	3
Deferred income taxes	−15	90,000	200,000	189,000	29,000
(Credit) for losses in accounts receivable	−922,000	−4	2	888,000	—
Increase in allowance for inventory obsolescence, net	118,000	2	2	533,000	—
Other adjustments, net	96,000	40,000	229,000	529,000	941,000
Accounts receivable	−21	2	21	−26	−5
Inventories	−33	−11	34	21	−35
Prepaid expenses	2	2	4	—	—
Contract assets	5	−6	−12	—	—
Other assets	−7	−2	−3	—	—
Accounts payable	−10	−9	−9	−17	62
Income taxes receivable	−5	−436,000	5,000	4	0
Accrued expenses	−7	12	−2	2	−43
Other noncurrent liabilities	−11	−5	−3	−12	−4
Net cash provided by operating activities	24	62	71	−9	−61
Capital expenditures	−10	−5	−5	−1	−2
Proceeds from disposal of assets	11,000	0	16,000	0	—
Net cash used in investing activities	−10	−5	−5	−1	398,000
Repayment of long-term debt and lease liabilities	−482,000	−204,000	−215,000	−256,000	—
Proceeds from short-term financings	0	100	15	32	51
Repayment of short-term financings	−25	−125	−81	−1	−1
Repurchases to settle tax withholding obligations for stock-based compensation awards	−1	−201,000	0	—	—
Payments of deferred financing costs	−1	−709,000	−987,000	−2	−3
Net cash used in financing activities	−28	−26	−67	28	47
Net (decrease) increase in cash, cash equivalents, and restricted cash	−14	32	−1	18	−15

Filings

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Frequently asked questions

What is POWER SOLUTIONS INTERNATIONAL, INC.'s CIK number?

POWER SOLUTIONS INTERNATIONAL, INC.'s SEC CIK number is 0001137091 (1137091). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find POWER SOLUTIONS INTERNATIONAL, INC.'s SEC filings?

All of POWER SOLUTIONS INTERNATIONAL, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did POWER SOLUTIONS INTERNATIONAL, INC. last report earnings?

POWER SOLUTIONS INTERNATIONAL, INC. (PSIX) most recently filed an earnings 8-K with the SEC on May 11, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-033474). This is POWER SOLUTIONS INTERNATIONAL, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.

What is POWER SOLUTIONS INTERNATIONAL, INC.'s most recent earnings 8-K?

POWER SOLUTIONS INTERNATIONAL, INC.'s latest earnings 8-K (Item 2.02) was filed May 11, 2026 under accession 0001628280-26-033474. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View POWER SOLUTIONS INTERNATIONAL, INC.'s latest earnings 8-K →
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