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Monolithic Power Systems (MPWR) Financials

Monolithic Power Systems logo
$1,589.81 0.00 (0.00%)
Closing price 05/22/2026 04:00 PM Eastern
Extended Trading
$1,584.90 -4.90 (-0.31%)
As of 05/22/2026 07:59 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for Monolithic Power Systems

Annual Income Statements for Monolithic Power Systems

This table shows Monolithic Power Systems' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
35 53 65 105 109 164 242 438 427 1,592 621
Consolidated Net Income / (Loss)
35 53 65 105 109 164 242 438 427 1,592 621
Net Income / (Loss) Continuing Operations
35 53 65 105 109 164 242 438 427 1,592 621
Total Pre-Tax Income
42 57 83 118 113 169 272 525 506 573 766
Total Operating Income
41 54 77 113 103 159 262 527 482 539 729
Total Gross Profit
180 211 258 323 346 466 685 1,049 1,021 1,221 1,540
Total Revenue
333 389 471 582 628 844 1,208 1,794 1,821 2,207 2,790
Operating Revenue
333 389 471 582 628 844 1,208 1,794 1,821 2,207 2,790
Total Cost of Revenue
153 178 213 260 282 378 522 746 800 986 1,251
Operating Cost of Revenue
153 178 213 260 282 378 522 746 800 986 1,251
Total Operating Expenses
139 156 181 209 244 307 423 522 539 682 811
Selling, General & Admin Expense
72 83 97 114 134 162 232 282 276 357 429
Research & Development Expense
66 74 82 93 108 138 191 240 264 325 382
Total Other Income / (Expense), net
1.42 2.82 5.52 4.99 11 10 9.80 -1.85 24 34 38
Other Income / (Expense), net
1.42 2.82 5.52 4.99 11 10 9.80 -1.85 24 34 38
Income Tax Expense
7.32 4.54 18 13 4.28 4.97 30 87 78 -1,019 145
Basic Earnings per Share
$0.89 $1.30 $1.58 $2.49 $2.52 $3.67 $5.28 $9.37 $8.98 $32.76 $12.94
Weighted Average Basic Shares Outstanding
39.47M 40.44M 41.35M 42.25M 43.17M 44.84M 45.85M 46.73M 47.61M 48.60M 48.04M
Diluted Earnings per Share
$0.86 $1.26 $1.50 $2.36 $2.38 $3.50 $5.05 $9.05 $8.76 $32.60 $12.86
Weighted Average Diluted Shares Outstanding
40.87M 41.92M 43.58M 44.60M 45.76M 47.01M 47.89M 48.36M 48.77M 48.84M 48.31M
Weighted Average Basic & Diluted Shares Outstanding
39.50M 40.60M 41.30M -10.53B 44.60M 45.62M 46.51M 47.31M 48.66M 47.87M 49.12M
Cash Dividends to Common per Share
$0.80 $0.80 $0.80 $1.20 $1.60 $2.00 $2.40 $3.00 $4.00 $5.00 $6.24

Quarterly Income Statements for Monolithic Power Systems

This table shows Monolithic Power Systems' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders
121 97 93 100 144 1,449 135 134 178 176 193
Consolidated Net Income / (Loss)
121 97 93 100 144 1,449 135 134 178 176 193
Net Income / (Loss) Continuing Operations
121 97 93 100 144 1,449 135 134 178 176 193
Total Pre-Tax Income
138 120 105 124 174 170 174 177 206 210 247
Total Operating Income
136 110 95 117 164 163 169 165 195 200 241
Total Gross Profit
264 251 252 281 343 344 353 366 406 414 445
Total Revenue
475 454 458 507 620 622 638 665 737 751 804
Operating Revenue
475 454 458 507 620 622 638 665 737 751 804
Total Cost of Revenue
211 203 205 227 277 277 284 299 331 337 359
Operating Cost of Revenue
211 203 205 227 277 277 284 299 331 337 359
Total Operating Expenses
128 142 157 164 179 181 184 201 211 214 204
Selling, General & Admin Expense
63 70 81 86 94 95 92 105 113 119 103
Research & Development Expense
65 71 76 78 85 86 92 96 98 96 101
Total Other Income / (Expense), net
2.29 9.98 9.54 7.51 10 6.22 5.13 12 10 9.84 6.03
Other Income / (Expense), net
2.29 9.98 9.54 7.51 10 6.22 5.13 12 10 9.84 6.03
Income Tax Expense
17 23 12 24 30 -1,280 39 43 27 34 54
Basic Earnings per Share
$2.54 $2.02 $1.90 $2.06 $2.96 $29.84 $2.82 $2.79 $3.72 $3.63 $3.94
Weighted Average Basic Shares Outstanding
47.78M 47.61M 48.64M 48.69M 48.76M 48.60M 47.85M 47.89M 47.90M 48.04M 49.10M
Diluted Earnings per Share
$2.48 $1.98 $1.89 $2.05 $2.95 $29.70 $2.81 $2.78 $3.71 $3.58 $3.92
Weighted Average Diluted Shares Outstanding
48.79M 48.77M 48.93M 48.95M 48.96M 48.84M 48.01M 48.02M 48.04M 48.31M 49.24M
Weighted Average Basic & Diluted Shares Outstanding
47.91M 48.66M 48.67M 48.75M 48.78M 47.87M 47.88M 47.89M 47.91M 49.12M 49.13M
Cash Dividends to Common per Share
$1.00 - $1.25 $1.25 - - $1.56 $1.56 - - $2.00

Annual Cash Flow Statements for Monolithic Power Systems

This table details how cash moves in and out of Monolithic Power Systems' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
-35 22 -30 90 0.26 162 -146 99 272 139 408
Net Cash From Operating Activities
70 108 134 141 216 268 320 247 638 788 838
Net Cash From Continuing Operating Activities
70 108 134 141 216 268 320 247 638 788 838
Net Income / (Loss) Continuing Operations
35 53 65 105 109 164 242 438 427 1,592 621
Consolidated Net Income / (Loss)
35 53 65 105 109 164 242 438 427 1,592 621
Depreciation Expense
14 15 16 12 15 19 29 37 40 36 53
Amortization Expense
0.46 1.02 1.98 1.35 0.73 2.98 4.67 4.38 -5.28 -20 -4.10
Non-Cash Adjustments To Reconcile Net Income
35 42 50 61 75 80 119 168 140 196 217
Changes in Operating Assets and Liabilities, net
-15 -2.95 0.46 -38 17 1.38 -74 -400 36 -1,016 -48
Net Cash From Investing Activities
-57 -56 -134 -15 -167 -39 -379 -13 -179 223 -157
Net Cash From Continuing Investing Activities
-57 -56 -134 -15 -167 -39 -379 -13 -179 223 -157
Purchase of Property, Plant & Equipment
-16 -37 -66 -23 -96 -56 -94 -59 -58 -164 -175
Acquisitions
- - 0.00 0.00 -0.98 0.00 -0.79 0.00 0.00 -33 0.00
Purchase of Investments
-223 -237 -141 -99 -213 -338 -395 -66 -583 -1,083 -397
Sale and/or Maturity of Investments
190 223 78 111 136 357 114 129 468 1,508 420
Other Investing Activities, net
-8.04 -5.05 -5.26 -4.15 -3.08 -2.70 -2.54 -16 -6.85 -4.81 -4.48
Net Cash From Financing Activities
-47 -28 -31 -35 -48 -72 -90 -129 -184 -872 -286
Net Cash From Continuing Financing Activities
-47 -28 -31 -35 -48 -72 -90 -129 -184 -872 -286
Repurchase of Common Equity
-32 - - - - - 0.00 0.00 -3.74 -636 -7.69
Payment of Dividends
-30 -33 -34 -47 -67 -89 -109 -138 -186 -241 -285
Issuance of Common Equity
2.23 2.46 2.85 14 20 23 22 11 8.69 8.73 9.22
Other Financing Activities, net
13 2.51 -0.25 -0.75 -0.68 -5.36 -2.83 -2.06 -2.83 -4.09 -2.60
Cash Income Taxes Paid
- - 3.62 7.13 11 1.41 21 85 85 80 95

Quarterly Cash Flow Statements for Monolithic Power Systems

This table details how cash moves in and out of Monolithic Power Systems' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents
-86 140 -73 62 150 -8.54 -54 150 294 18 -36
Net Cash From Operating Activities
176 153 248 141 232 168 256 238 239 105 250
Net Cash From Continuing Operating Activities
176 153 248 141 232 168 256 238 239 105 250
Net Income / (Loss) Continuing Operations
121 97 93 100 144 1,449 135 134 178 176 193
Consolidated Net Income / (Loss)
121 97 93 100 144 1,449 135 134 178 176 193
Depreciation Expense
10 10 8.25 8.69 9.45 10 11 13 14 14 15
Non-Cash Adjustments To Reconcile Net Income
35 36 42 51 47 56 53 55 56 52 42
Changes in Operating Assets and Liabilities, net
11 14 110 -13 37 -1,344 56 38 -8.16 -136 -0.07
Net Cash From Investing Activities
-213 34 -266 -3.35 -27 519 -257 -16 128 -12 -212
Net Cash From Continuing Investing Activities
-213 34 -266 -3.35 -27 519 -257 -16 128 -12 -212
Purchase of Property, Plant & Equipment
-27 -14 -16 -50 -34 -65 -40 -50 -43 -41 -71
Purchase of Investments
-281 -90 -366 -224 -352 -141 -358 -35 -2.52 -1.90 -162
Sale of Property, Plant & Equipment
- - - - - - 0.00 - - - 6.42
Sale and/or Maturity of Investments
96 140 150 271 359 728 141 70 173 35 14
Other Investing Activities, net
-0.61 -2.39 -0.65 -0.66 -0.46 -3.04 -0.58 -0.44 -0.28 -3.18 -0.52
Net Cash From Financing Activities
-47 -54 -50 -74 -63 -685 -56 -79 -73 -77 -75
Net Cash From Continuing Financing Activities
-47 -54 -50 -74 -63 -685 -56 -79 -73 -77 -75
Payment of Dividends
-49 -51 -50 -68 -61 -62 -60 -75 -75 -75 -78
Issuance of Common Equity
3.84 - 4.61 - 4.12 - 5.34 - 3.89 - 5.83
Other Financing Activities, net
-1.54 -0.09 -0.98 -1.03 -0.64 -1.43 -1.24 -0.66 -0.20 -0.49 -2.70
Effect of Exchange Rate Changes
-1.63 7.01 -4.82 -1.79 8.16 -10 2.56 7.61 0.28 - 0.96
Cash Income Taxes Paid
15 11 0.73 33 25 21 -0.22 17 4.96 73 31

Annual Balance Sheets for Monolithic Power Systems

This table presents Monolithic Power Systems' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
431 511 653 793 956 1,208 1,586 2,059 2,434 3,516 4,194
Total Current Assets
332 383 449 581 655 842 1,125 1,411 1,819 1,565 2,184
Cash & Equivalents
91 113 83 173 173 335 189 289 528 692 1,099
Short-Term Investments
144 156 216 205 282 260 536 449 581 171 157
Accounts Receivable
31 34 38 55 53 67 105 183 180 173 256
Inventories, net
63 71 99 136 128 157 259 447 384 420 565
Other Current Assets
2.93 9.04 13 12 20 23 36 43 147 110 107
Plant, Property, & Equipment, net
65 85 145 150 228 282 363 357 369 495 628
Total Noncurrent Assets
34 43 59 63 73 85 98 291 246 1,456 1,383
Goodwill
6.57 6.57 6.57 6.57 6.57 6.57 6.57 6.57 6.57 26 26
Intangible Assets
5.05 3.00 0.95 - - - - - 0.00 9.94 8.79
Noncurrent Deferred & Refundable Income Taxes
0.67 0.63 16 17 17 19 22 35 28 1,226 1,183
Other Noncurrent Operating Assets
16 27 30 36 49 60 70 249 211 194 165
Total Liabilities & Shareholders' Equity
431 511 653 793 956 1,208 1,586 2,059 2,434 3,516 4,194
Total Liabilities
63 80 131 153 183 242 342 390 384 565 663
Total Current Liabilities
43 53 66 80 98 147 227 263 235 295 369
Accounts Payable
13 17 23 23 27 38 83 61 63 103 138
Accrued Expenses
20 23 28 39 45 63 81 114 116 128 145
Current Employee Benefit Liabilities
9.81 13 16 19 26 46 63 88 56 64 86
Total Noncurrent Liabilities
19 27 65 73 85 95 115 127 149 270 293
Noncurrent Deferred Revenue
2.94 3.87 32 34 38 37 48 54 61 65 75
Noncurrent Deferred & Payable Income Tax Liabilities
- - - - - - - - - 93 90
Other Noncurrent Operating Liabilities
17 23 33 39 47 58 67 73 89 112 128
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
369 431 522 640 773 967 1,244 1,669 2,050 2,951 3,531
Total Preferred & Common Equity
369 431 522 640 773 967 1,244 1,669 2,050 2,951 3,531
Total Common Equity
369 431 522 640 773 967 1,244 1,669 2,050 2,951 3,531
Common Stock
266 316 377 451 550 658 803 975 1,130 707 937
Retained Earnings
101 119 144 195 229 299 425 716 947 2,293 2,610
Accumulated Other Comprehensive Income / (Loss)
1.47 -4.22 1.81 -5.54 -5.48 10 16 -23 -27 -49 -15

Quarterly Balance Sheets for Monolithic Power Systems

This table presents Monolithic Power Systems' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets
2,221 2,328 2,434 2,579 2,648 2,855 3,617 3,806 3,972 4,206 4,449
Total Current Assets
1,632 1,735 1,819 1,976 1,997 2,160 1,565 1,788 1,919 2,113 2,331
Cash & Equivalents
507 421 528 488 550 700 692 637 787 1,081 1,063
Short-Term Investments
434 621 581 798 757 762 171 389 359 188 304
Accounts Receivable
169 186 180 194 158 165 173 215 195 242 302
Inventories, net
427 397 384 396 427 425 420 455 491 506 619
Other Current Assets
95 110 147 100 106 108 110 92 87 96 43
Plant, Property, & Equipment, net
342 358 369 376 401 436 495 527 564 597 694
Total Noncurrent Assets
246 234 246 227 250 258 1,557 1,490 1,490 1,496 1,424
Goodwill
6.57 6.57 6.57 27 26 26 26 26 26 26 26
Intangible Assets
- - 0.00 9.52 11 10 9.94 9.65 9.36 9.08 8.50
Noncurrent Deferred & Refundable Income Taxes
36 24 28 33 30 31 1,327 1,318 1,310 1,300 1,183
Other Noncurrent Operating Assets
204 204 211 157 184 191 194 136 144 161 207
Total Liabilities & Shareholders' Equity
2,221 2,328 2,434 2,579 2,648 2,855 3,617 3,806 3,972 4,206 4,449
Total Liabilities
382 383 384 465 452 503 471 539 570 638 771
Total Current Liabilities
251 250 235 312 295 337 295 363 384 443 487
Accounts Payable
71 65 63 103 100 116 103 127 130 142 174
Accrued Expenses
113 121 116 138 131 139 128 161 172 202 214
Current Employee Benefit Liabilities
67 65 56 71 64 81 64 75 81 100 99
Total Noncurrent Liabilities
131 133 149 153 157 166 177 175 187 196 284
Noncurrent Deferred Revenue
54 56 61 66 60 65 65 70 73 78 75
Noncurrent Deferred & Payable Income Tax Liabilities
- - - - - - - - - - 90
Other Noncurrent Operating Liabilities
77 77 89 87 97 102 112 106 113 117 119
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,839 1,945 2,050 2,114 2,196 2,352 3,146 3,267 3,402 3,568 3,677
Total Preferred & Common Equity
1,839 1,945 2,050 2,114 2,196 2,352 3,146 3,267 3,402 3,568 3,677
Total Common Equity
1,839 1,945 2,050 2,114 2,196 2,352 3,146 3,267 3,402 3,568 3,677
Common Stock
1,055 1,093 1,130 1,176 1,224 1,274 707 765 823 885 984
Retained Earnings
827 899 947 978 1,016 1,099 2,487 2,545 2,603 2,706 2,704
Accumulated Other Comprehensive Income / (Loss)
-43 -47 -27 -41 -44 -21 -49 -43 -24 -23 -10

Annual Metrics And Ratios for Monolithic Power Systems

This table displays calculated financial ratios and metrics derived from Monolithic Power Systems' official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding
- - - - - - - - - - 47,907,000.00
DEI Adjusted Shares Outstanding
- - - - - - - - - - 47,907,000.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - - 12.97
Growth Metrics
- - - - - - - - - - -
Profitability Metrics
- - - - - - - - - - -
Net Operating Profit after Tax (NOPAT)
34 50 61 101 99 154 233 439 407 1,682 591
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - 26.32% 19.85% 53.47% 16.74%
Earnings before Interest and Taxes (EBIT)
42 57 83 118 113 169 272 525 506 573 766
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
57 73 101 132 129 192 306 566 541 589 815
Valuation Ratios
- - - - - - - - - - -
Leverage & Solvency
- - - - - - - - - - -
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
8.12 21 0.74 59 40 101 86 27 396 341 404
Efficiency Ratios
- - - - - - - - - - -
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
128 158 218 260 318 371 519 931 941 2,283 2,275
Increase / (Decrease) in Invested Capital
26 29 60 42 59 53 147 412 11 1,341 187
Book Value per Share
$9.34 $10.60 $12.57 $15.09 $17.81 $21.43 $26.99 $35.55 $42.79 $64.49 $73.72
Tangible Book Value per Share
$9.04 $10.36 $12.39 $14.94 $17.66 $21.29 $26.85 $35.41 $42.65 $63.75 $72.99
Total Capital
369 431 522 640 773 967 1,244 1,669 2,050 3,146 3,531
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-240 -274 -304 -381 -455 -595 -725 -738 -1,108 -863 -1,257
Capital Expenditures (CapEx)
16 37 66 23 87 56 94 59 58 164 175
Debt-free, Cash-free Net Working Capital (DFCFNWC)
54 62 84 123 102 100 173 409 476 408 558
Debt-free Net Working Capital (DFNWC)
289 330 383 500 557 695 898 1,147 1,584 1,270 1,814
Net Working Capital (NWC)
289 330 383 500 557 695 898 1,147 1,584 1,270 1,814
Net Nonoperating Expense (NNE)
-1.18 -2.59 -4.34 -4.44 -10 -10 -8.71 1.54 -20 -105 -30
Net Nonoperating Obligations (NNO)
-240 -274 -304 -381 -455 -595 -725 -738 -1,108 -863 -1,257
Total Depreciation and Amortization (D&A)
14 16 18 14 16 22 33 41 35 16 48
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.89 $1.30 $1.58 $2.49 $2.52 $3.67 $5.28 $9.37 $8.98 $36.76 $12.94
Adjusted Weighted Average Basic Shares Outstanding
39.47M 40.44M 41.35M 42.25M 43.17M 44.84M 45.85M 46.73M 47.61M 48.60M 48.04M
Adjusted Diluted Earnings per Share
$0.86 $1.26 $1.50 $2.36 $2.38 $3.50 $5.05 $9.05 $8.76 $36.59 $12.86
Adjusted Weighted Average Diluted Shares Outstanding
40.87M 41.92M 43.58M 44.60M 45.76M 47.01M 47.89M 48.36M 48.77M 48.84M 48.31M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
40.20M 41.17M 42.13M 42.92M 44.60M 45.62M 46.51M 47.31M 48.66M 47.87M 49.12M
Normalized Net Operating Profit after Tax (NOPAT)
34 50 61 101 101 162 233 439 407 378 591
Debt Service Ratios
- - - - - - - - - - -
Payout Ratios
- - - - - - - - - - -

Quarterly Metrics And Ratios for Monolithic Power Systems

This table displays calculated financial ratios and metrics derived from Monolithic Power Systems' official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding
- - - - - - - - - 47,907,000.00 49,118,000.00
DEI Adjusted Shares Outstanding
- - - - - - - - - 47,907,000.00 49,118,000.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - - - - - 3.67 3.93
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-4.15% -1.30% 1.51% 15.03% 30.59% 36.93% 39.24% 30.97% 18.88% - 26.14%
EBITDA Growth
-10.10% -16.07% -21.93% -1.40% 21.13% 39.68% 69.09% 48.22% 23.24% - 41.52%
EBIT Growth
-9.23% -15.07% -18.94% 4.36% 26.44% 41.81% 65.57% 42.67% 17.94% - 42.15%
NOPAT Growth
-4.17% -23.31% -20.11% 0.28% 14.07% 1,471.92% 54.33% 32.03% 24.54% - 43.83%
Net Income Growth
-2.55% -18.63% -15.72% 0.87% 19.20% 1,395.65% 44.57% 33.24% 23.43% - 43.08%
EPS Growth
-3.50% -19.51% -16.37% 0.49% 18.95% 1,400.00% 47.62% 35.61% 25.76% - 39.50%
Operating Cash Flow Growth
1,067.32% 193.69% 13.37% 56.32% 31.72% 9.37% 3.36% 68.57% 3.27% - -2.39%
Free Cash Flow Firm Growth
104.51% 126.38% 157.61% 153.94% 1,225.64% -29.83% -1,209.59% -1,291.89% -931.36% - 109.25%
Invested Capital Growth
13.58% 1.15% -3.67% -1.11% -1.47% 142.48% 170.85% 153.88% 158.45% - 3.12%
Revenue Q/Q Growth
7.65% -4.39% 0.85% 10.82% 22.21% 0.25% 2.56% 4.24% 10.92% - 7.06%
EBITDA Q/Q Growth
13.68% -13.76% -13.43% 16.19% 39.65% -0.56% 4.80% 1.85% 16.11% - 17.19%
EBIT Q/Q Growth
15.97% -13.28% -12.14% 18.11% 40.52% -2.74% 2.57% 1.78% 16.16% - 17.83%
NOPAT Q/Q Growth
26.72% -25.46% -5.27% 12.07% 44.15% 927.23% -90.70% -4.12% 35.96% - 12.58%
Net Income Q/Q Growth
21.77% -20.02% -4.50% 8.46% 43.90% 903.51% -90.77% -0.05% 33.31% - 9.98%
EPS Q/Q Growth
21.57% -20.16% -4.55% 8.47% 43.90% 906.78% -90.61% -0.36% 33.45% - 9.50%
Operating Cash Flow Q/Q Growth
95.05% -12.84% 61.79% -43.17% 64.36% -27.63% 52.90% -7.31% 0.69% - 138.54%
Free Cash Flow Firm Q/Q Growth
105.82% 594.07% 48.12% -9.84% 43.02% -63.26% -2,442.09% 3.15% 0.24% - 713.66%
Invested Capital Q/Q Growth
0.44% 4.31% -12.14% 7.43% 0.08% 156.69% -1.86% 0.70% 1.88% - 1.55%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
55.50% 55.31% 55.13% 55.29% 55.38% 55.40% 55.40% 55.08% 55.11% - 55.34%
EBITDA Margin
30.79% 27.77% 23.84% 24.99% 28.56% 28.33% 28.95% 28.29% 29.61% - 32.62%
Operating Margin
28.55% 24.13% 20.85% 22.97% 26.45% 26.27% 26.47% 24.79% 26.48% - 29.99%
EBIT Margin
29.03% 26.33% 22.94% 24.45% 28.11% 27.27% 27.27% 26.63% 27.89% - 30.74%
Profit (Net Income) Margin
25.52% 21.34% 20.21% 19.78% 23.29% 233.14% 20.99% 20.12% 24.18% - 24.03%
Tax Burden Percent
87.89% 81.06% 88.11% 80.91% 82.86% 854.93% 76.94% 75.56% 86.72% - 78.17%
Interest Burden Percent
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% - 100.00%
Effective Tax Rate
12.11% 18.94% 11.89% 19.09% 17.14% -754.93% 23.06% 24.44% 13.28% - 21.83%
Return on Invested Capital (ROIC)
54.02% 38.06% 39.85% 39.39% 49.89% 307.46% 31.69% 30.31% 38.33% - 30.47%
ROIC Less NNEP Spread (ROIC-NNEP)
53.80% 37.18% 39.08% 38.85% 49.21% 302.07% 31.35% 29.56% 37.67% - 30.07%
Return on Net Nonoperating Assets (RNNOA)
-27.53% -18.46% -22.14% -21.64% -28.69% -114.61% -13.48% -12.95% -17.39% - -10.37%
Return on Equity (ROE)
26.50% 19.60% 17.70% 17.75% 21.20% 192.85% 18.21% 17.36% 20.95% - 20.10%
Cash Return on Invested Capital (CROIC)
38.45% 42.33% 49.53% 44.34% 46.49% 21.13% 21.63% 25.65% 24.93% - 25.43%
Operating Return on Assets (OROA)
24.91% 21.34% 17.45% 19.02% 22.12% 19.89% 20.39% 20.47% 21.02% - 22.02%
Return on Assets (ROA)
21.89% 17.30% 15.38% 15.39% 18.33% 170.06% 15.69% 15.46% 18.23% - 17.22%
Return on Common Equity (ROCE)
26.50% 19.60% 17.70% 17.75% 21.20% 192.85% 18.21% 17.36% 20.95% - 20.10%
Return on Equity Simple (ROE_SIMPLE)
23.12% 0.00% 19.40% 18.72% 18.47% 0.00% 55.95% 0.00% 0.00% - 0.00%
Net Operating Profit after Tax (NOPAT)
119 89 84 94 136 1,396 130 124 169 167 189
NOPAT Margin
25.09% 19.56% 18.37% 18.58% 21.92% 224.58% 20.37% 18.73% 22.96% - 23.44%
Net Nonoperating Expense Percent (NNEP)
0.23% 0.88% 0.76% 0.54% 0.68% 5.40% 0.34% 0.75% 0.66% - 0.39%
Return On Investment Capital (ROIC_SIMPLE)
- 4.33% - - - 44.38% 3.97% 3.66% 4.74% 4.74% 5.13%
Cost of Revenue to Revenue
44.50% 44.69% 44.87% 44.71% 44.62% 44.60% 44.60% 44.92% 44.89% - 44.66%
SG&A Expenses to Revenue
13.31% 15.44% 17.68% 16.97% 15.22% 15.34% 14.47% 15.80% 15.31% - 12.85%
R&D to Revenue
13.64% 15.74% 16.60% 15.36% 13.72% 13.80% 14.47% 14.49% 13.32% - 12.51%
Operating Expenses to Revenue
26.95% 31.18% 34.28% 32.33% 28.93% 29.13% 28.93% 30.28% 28.63% - 25.36%
Earnings before Interest and Taxes (EBIT)
138 120 105 124 174 170 174 177 206 210 247
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
146 126 109 127 177 176 185 188 218 224 262
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
11.28 14.64 15.57 18.21 19.17 9.18 8.50 10.29 12.36 - 14.60
Price to Tangible Book Value (P/TBV)
11.32 14.69 15.85 18.52 19.47 9.28 8.59 10.40 12.48 - 14.74
Price to Revenue (P/Rev)
12.00 16.48 18.01 21.11 22.10 13.08 11.63 13.77 16.57 - 18.16
Price to Earnings (P/E)
48.79 70.23 80.25 97.31 103.79 16.15 15.19 18.81 23.27 - 79.02
Dividend Yield
0.82% 0.64% 0.63% 0.55% 0.51% 0.85% 0.92% 0.77% 0.64% - 0.61%
Earnings Yield
2.05% 1.42% 1.25% 1.03% 0.96% 6.19% 6.58% 5.32% 4.30% - 1.27%
Enterprise Value to Invested Capital (EV/IC)
23.15 30.70 38.23 43.53 49.04 12.27 11.93 15.01 18.63 - 22.65
Enterprise Value to Revenue (EV/Rev)
11.43 15.87 17.30 20.42 21.38 12.69 11.20 13.32 16.09 - 17.70
Enterprise Value to EBITDA (EV/EBITDA)
36.98 53.46 62.01 76.11 80.88 47.52 40.23 46.67 55.84 - 58.43
Enterprise Value to EBIT (EV/EBIT)
39.64 57.15 65.71 79.52 83.39 48.87 41.66 48.76 58.99 - 62.34
Enterprise Value to NOPAT (EV/NOPAT)
48.11 71.02 81.94 100.17 108.14 16.65 15.32 19.13 23.70 - 80.70
Enterprise Value to Operating Cash Flow (EV/OCF)
38.90 45.29 47.38 53.86 56.34 35.51 33.55 37.91 47.53 - 62.90
Enterprise Value to Free Cash Flow (EV/FCFF)
64.02 72.95 75.76 97.64 104.71 82.18 80.58 84.00 107.77 - 90.46
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Financial Leverage
-0.51 -0.50 -0.57 -0.56 -0.58 -0.38 -0.43 -0.44 -0.46 - -0.34
Leverage Ratio
1.23 1.21 1.24 1.21 1.21 1.16 1.19 1.18 1.19 - 1.19
Compound Leverage Factor
1.23 1.21 1.24 1.21 1.21 1.16 1.19 1.18 1.19 - 1.19
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Common Equity to Total Capital
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% - 100.00%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Altman Z-Score
36.63 49.08 44.60 55.23 55.98 38.89 33.08 39.02 43.61 - 43.96
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
6.94 7.74 6.34 6.77 6.42 5.31 4.92 5.00 4.77 - 4.79
Quick Ratio
4.91 5.48 4.75 4.96 4.83 3.52 3.42 3.50 3.41 - 3.43
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
11 78 116 104 149 55 -1,283 -1,243 -1,240 -19 119
Operating Cash Flow to CapEx
649.32% 1,110.48% 1,551.19% 283.75% 685.15% 258.76% 635.53% 473.92% 555.88% - 388.43%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.86 0.81 0.76 0.78 0.79 0.73 0.75 0.77 0.75 - 0.72
Accounts Receivable Turnover
10.77 10.05 9.65 11.58 11.64 12.53 11.66 14.42 13.10 - 11.44
Inventory Turnover
1.99 1.93 1.97 1.98 2.22 2.46 2.50 2.48 2.56 - 2.47
Fixed Asset Turnover
5.21 5.02 5.01 5.10 5.13 5.11 5.29 5.28 5.15 - 4.84
Accounts Payable Turnover
11.01 12.86 10.07 9.93 10.10 11.92 9.23 9.89 9.25 - 8.78
Days Sales Outstanding (DSO)
33.88 36.34 37.81 31.51 31.37 29.14 31.30 25.30 27.86 - 31.91
Days Inventory Outstanding (DIO)
183.76 189.58 185.58 184.15 164.56 148.65 145.78 147.27 142.59 - 147.86
Days Payable Outstanding (DPO)
33.15 28.38 36.24 36.76 36.14 30.62 39.54 36.89 39.46 - 41.55
Cash Conversion Cycle (CCC)
184.49 197.53 187.15 178.91 159.79 147.17 137.53 135.69 130.99 - 138.22
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
903 941 827 889 889 2,283 2,240 2,256 2,298 2,275 2,310
Invested Capital Turnover
2.15 1.95 2.17 2.12 2.28 1.37 1.56 1.62 1.67 - 1.30
Increase / (Decrease) in Invested Capital
108 11 -32 -9.99 -13 1,341 1,413 1,367 1,409 187 70
Enterprise Value (EV)
20,892 28,907 31,627 38,686 43,609 28,000 26,735 33,872 42,822 - 52,336
Market Capitalization
21,934 30,016 32,913 39,993 45,071 28,863 27,761 35,018 44,091 - 53,703
Book Value per Share
$40.71 $42.79 $43.43 $45.12 $48.24 $64.49 $68.25 $71.05 $74.50 $73.72 $74.87
Tangible Book Value per Share
$40.57 $42.65 $42.68 $44.36 $47.49 $63.75 $67.51 $70.32 $73.77 $72.99 $74.17
Total Capital
1,945 2,050 2,114 2,196 2,352 3,146 3,267 3,402 3,568 3,531 3,677
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-1,042 -1,108 -1,286 -1,307 -1,462 -863 -1,027 -1,146 -1,269 -1,257 -1,367
Capital Expenditures (CapEx)
27 14 16 50 34 65 40 50 43 41 64
Debt-free, Cash-free Net Working Capital (DFCFNWC)
443 476 378 395 362 408 398 389 400 558 477
Debt-free Net Working Capital (DFNWC)
1,485 1,584 1,665 1,702 1,824 1,270 1,425 1,535 1,670 1,814 1,844
Net Working Capital (NWC)
1,485 1,584 1,665 1,702 1,824 1,270 1,425 1,535 1,670 1,814 1,844
Net Nonoperating Expense (NNE)
-2.01 -8.09 -8.41 -6.08 -8.52 -53 -3.95 -9.23 -9.01 -8.24 -4.71
Net Nonoperating Obligations (NNO)
-1,042 -1,108 -1,286 -1,307 -1,462 -863 -1,027 -1,146 -1,269 -1,257 -1,367
Total Depreciation and Amortization (D&A)
8.35 6.54 4.13 2.77 2.80 6.58 11 11 13 14 15
Debt-free, Cash-free Net Working Capital to Revenue
24.25% 26.14% 20.69% 20.85% 17.73% 18.47% 16.69% 15.30% 15.05% - 16.13%
Debt-free Net Working Capital to Revenue
81.30% 87.01% 91.07% 89.87% 89.43% 57.56% 59.70% 60.35% 62.76% - 62.36%
Net Working Capital to Revenue
81.30% 87.01% 91.07% 89.87% 89.43% 57.56% 59.70% 60.35% 62.76% - 62.36%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$2.54 $2.02 $1.90 $2.06 $2.96 $29.84 $2.80 $2.79 $3.72 $3.63 $3.94
Adjusted Weighted Average Basic Shares Outstanding
47.78M 47.61M 48.64M 48.69M 48.76M 48.60M 47.85M 47.89M 47.90M 48.04M 49.10M
Adjusted Diluted Earnings per Share
$2.48 $1.98 $1.89 $2.05 $2.95 $29.70 $2.79 $2.78 $3.71 $3.58 $3.92
Adjusted Weighted Average Diluted Shares Outstanding
48.79M 48.77M 48.93M 48.95M 48.96M 48.84M 48.01M 48.02M 48.04M 48.31M 49.24M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
47.91M 48.66M 48.67M 48.75M 48.78M 47.87M 47.88M 47.89M 47.91M 49.12M 49.13M
Normalized Net Operating Profit after Tax (NOPAT)
119 89 84 94 136 114 130 124 169 167 189
Normalized NOPAT Margin
25.09% 19.56% 18.37% 18.58% 21.92% 18.39% 20.37% 18.73% 22.96% - 23.44%
Pre Tax Income Margin
29.03% 26.33% 22.94% 24.45% 28.11% 27.27% 27.27% 26.63% 27.89% - 30.74%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
38.19% 43.49% 48.44% 52.94% 52.82% 13.47% 13.74% 13.87% 14.34% - 44.61%
Augmented Payout Ratio
38.19% 44.36% 50.35% 55.95% 56.94% 49.08% 48.32% 47.78% 47.47% - 44.61%

Financials Breakdown Chart

Key Financial Trends

Here are the key trends for Monolithic Power Systems (MPWR) based on quarterly statements from 2022 through 2025.

  • Revenue has shown solid growth over the four-year window, rising from about $460.0M in 2022 Q4 to $751.2M in 2025 Q4.
  • Net income attributable to common shareholders has expanded, increasing from roughly $119.1M in 2022 Q4 to about $175.7M in 2025 Q4, with operating margins remaining in the mid‑20s to high‑20s percent range.
  • Cash flow from operations has been robust, typically in the $140M–$240M per quarter band across 2022–2025, supported by meaningful quarterly results (e.g., 2025 Q3 CFO around $239.3M).
  • The balance sheet remains solid, with substantial cash on hand (about $1.08B in 2025 Q3) and a relatively light debt load (Total Liabilities around $638M vs. Total Equity≈$3.56B).
  • MPWR has been returning cash to shareholders via regular dividends, with a per‑share dividend of $1.56 in 2025 quarters observed in the data.
  • Capital expenditures have been steady and moderate, roughly $40–$50M per quarter, indicating ongoing capacity investments without high leverage.
  • Gross margin has stayed in the mid‑50% range (about 55.1% in 2025 Q4 vs 58.2% in 2022 Q4), implying modest margin compression but consistent profitability.
  • R&D spending remains elevated, typically around $90–$100M per quarter in 2025, signaling sustained investment in product development and technology leadership.
  • Financing cash outflows are ongoing, with net cash from financing activities typically negative in 2025 quarters (roughly $55–$80M per quarter) due to dividends and share activity.
  • Quarterly cash flow from operations can show volatility driven by working capital changes, as evidenced by lower CFO in some quarters (e.g., 2025 Q4 relative to earlier quarters), highlighting near‑term cash flow variability.
05/25/26 10:07 AM ETAI Generated. May Contain Errors.

Monolithic Power Systems Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Monolithic Power Systems' fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Monolithic Power Systems' net income appears to be on an upward trend, with a most recent value of $621.48 million in 2025, rising from $35.17 million in 2015. The previous period was $1.59 billion in 2024. Check out Monolithic Power Systems' forecast to explore projected trends and price targets.

Monolithic Power Systems' total operating income in 2025 was $728.64 million, based on the following breakdown:
  • Total Gross Profit: $1.54 billion
  • Total Operating Expenses: $811.11 million

Over the last 10 years, Monolithic Power Systems' total revenue changed from $333.07 million in 2015 to $2.79 billion in 2025, a change of 737.8%.

Monolithic Power Systems' total liabilities were at $662.70 million at the end of 2025, a 17.4% increase from 2024, and a 955.8% increase since 2015.

In the past 10 years, Monolithic Power Systems' cash and equivalents has ranged from $82.76 million in 2017 to $1.10 billion in 2025, and is currently $1.10 billion as of their latest financial filing in 2025.

Over the last 10 years, Monolithic Power Systems' book value per share changed from 9.34 in 2015 to 73.72 in 2025, a change of 689.5%.



Financial statements for NASDAQ:MPWR last updated on 5/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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