Monolithic Power Systems (MPWR)

Nasdaq Information Technology Semiconductors S&P 500Nasdaq-100

$1,190.44

+59.01 (+5.22%)

Close of Nov 06, 2026 · end-of-day data

Source: Monolithic Power Systems's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 04, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$388.67M	$470.93M	$582.38M	$627.92M	$844.45M	$1.21B	$1.79B	$1.82B	$2.21B	$2.79B
Cost of revenue	$177.79M	$212.65M	$259.71M	$281.60M	$378.50M	$522.34M	$745.60M	$799.95M	$986.23M	$1.25B
Gross profit	$210.87M	$258.28M	$322.67M	$346.32M	$465.95M	$685.46M	$1.05B	$1.02B	$1.22B	$1.54B
Research & development	$73.64M	$82.36M	$93.45M	$107.76M	$137.60M	$190.63M	$240.17M	$263.64M	$324.75M	$382.26M
Selling, general & admin	$83.01M	$97.26M	$113.80M	$133.54M	$161.67M	$232.41M	$281.60M	$275.74M	$356.76M	$428.84M
Operating income	$54.45M	$77.42M	$113.49M	$102.56M	$158.88M	$262.42M	$526.78M	$481.74M	$539.36M	$728.64M
Pre-tax income	$57.26M	$82.94M	$118.48M	$113.12M	$169.34M	$272.22M	$524.94M	$505.84M	$572.91M	$766.22M
Income tax	$4.54M	$17.74M	$13.21M	$4.28M	$4.97M	$30.20M	$87.27M	$78.47M	-$1.02B	$144.73M
Net income	$52.72M	$65.20M	$105.27M	$108.84M	$164.38M	$242.02M	$437.67M	$427.37M	$1.59B	$621.48M
EBITDA	$69.12M	$93.53M	$125.80M	$117.43M	$178.07M	$291.12M	$563.90M	$521.90M	$575.79M	$781.15M
EPS (basic)	$1.30	$1.58	$2.49	$2.52	$3.67	$5.28	$9.37	$8.98	$32.76	$12.94
EPS (diluted)	$1.26	$1.50	$2.36	$2.38	$3.50	$5.05	$9.05	$8.76	$32.60	$12.86
Diluted shares	41.91M	43.58M	44.60M	45.76M	47.01M	47.89M	48.36M	48.77M	48.84M	48.31M
Gross margin	54.3%	54.8%	55.4%	55.2%	55.2%	56.8%	58.4%	56.1%	55.3%	55.2%
Operating margin	14.0%	16.4%	19.5%	16.3%	18.8%	21.7%	29.4%	26.5%	24.4%	26.1%
Net margin	13.6%	13.8%	18.1%	17.3%	19.5%	20.0%	24.4%	23.5%	72.1%	22.3%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$112.70M	$82.76M	$172.70M	$172.96M	$334.94M	$189.26M	$288.61M	$527.84M	$691.82M	$1.10B
Short-term investments	$155.52M	$216.33M	$204.58M	$282.44M	$260.17M	$535.82M	$449.27M	$580.63M	$171.13M	$157.24M
Receivables	$34.25M	$38.04M	$55.21M	$52.70M	$66.84M	$104.81M	$182.71M	$179.86M	$172.52M	$255.63M
Inventory	$71.47M	$99.28M	$136.38M	$127.50M	$157.06M	$259.42M	$447.29M	$383.70M	$419.61M	$564.65M
Total current assets	$382.98M	$449.17M	$580.81M	$655.21M	$842.00M	$1.12B	$1.41B	$1.82B	$1.57B	$2.18B
Goodwill	$6.57M	$6.57M	$6.57M	$6.57M	$6.57M	$6.57M	$6.57M	$6.57M	$25.94M	$25.94M
Total assets	$511.13M	$652.57M	$793.43M	$956.38M	$1.21B	$1.59B	$2.06B	$2.43B	$3.52B	$4.19B
Total current liabilities	$52.92M	$65.92M	$80.44M	$98.22M	$146.97M	$226.94M	$263.40M	$235.03M	$294.57M	$369.37M
Total liabilities	$80.01M	$130.56M	$153.34M	$182.88M	$241.90M	$341.84M	$390.28M	$384.41M	$564.70M	$662.70M
Shareholders' equity	$431.12M	$522.01M	$640.09M	$773.49M	$966.59M	$1.24B	$1.67B	$2.05B	$2.95B	$3.53B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$107.79M	$133.82M	$141.45M	$216.30M	$267.80M	$320.01M	$246.67M	$638.21M	$788.41M	$838.20M
Capital expenditures	$37.11M	$65.77M	$22.53M	$95.81M	$55.61M	$94.42M	$58.84M	$57.58M	$146.12M	$172.01M
Free cash flow	$70.67M	$68.05M	$118.92M	$120.50M	$212.19M	$225.59M	$187.83M	$580.63M	$642.29M	$666.19M
Investing cash flow	-$55.73M	-$134.06M	-$14.74M	-$167.11M	-$39.18M	-$378.89M	-$12.51M	-$178.73M	$223.05M	-$157.27M
Financing cash flow	-$28.13M	-$31.32M	-$34.56M	-$48.05M	-$71.56M	-$90.21M	-$128.78M	-$183.72M	-$872.23M	-$285.86M
Dividends paid	—	$33.93M	$47.48M	$67.29M	$88.79M	$109.36M	$137.97M	$185.84M	$240.62M	$284.80M
Share buybacks	—	—	—	—	—	$0	$0	$3.70M	$636.20M	$6.60M
Stock-based compensation	$44.99M	$52.62M	$60.61M	$78.70M	$85.55M	$123.48M	$160.99M	$149.71M	$205.64M	$227.49M
Depreciation & amortization	$14.67M	$16.10M	$12.31M	$14.87M	$19.19M	$28.70M	$37.11M	$40.17M	$36.43M	$52.51M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$454.01M	$457.88M	$507.43M	$620.12M	$621.66M	$637.55M	$664.57M	$737.18M	$751.15M	$804.18M	$980.64M	$1.20B
Cost of revenue	$202.89M	$205.44M	$226.85M	$276.68M	$277.26M	$284.32M	$298.56M	$330.95M	$336.89M	$359.12M	$439.57M	$536.87M
Gross profit	$251.12M	$252.44M	$280.58M	$343.44M	$344.41M	$353.23M	$366.02M	$406.23M	$414.27M	$445.06M	$541.07M	$665.54M
Research & development	$71.46M	$75.99M	$77.94M	$85.05M	$85.76M	$92.23M	$96.27M	$98.17M	$95.60M	$100.57M	$118.62M	$140.58M
Selling, general & admin	$70.09M	$80.96M	$86.10M	$94.36M	$95.34M	$92.24M	$104.99M	$112.87M	$118.73M	$103.35M	$118.56M	$167.27M
Operating income	$109.57M	$95.49M	$116.54M	$164.03M	$163.31M	$168.76M	$164.76M	$195.18M	$199.94M	$241.15M	$303.89M	$357.69M
Pre-tax income	$119.55M	$105.03M	$124.05M	$174.31M	$169.53M	$173.89M	$176.98M	$205.57M	$209.77M	$247.18M	$321.73M	$366.62M
Income tax	$22.64M	$12.49M	$23.68M	$29.88M	-$1.09B	$38.84M	$41.97M	$25.81M	$38.12M	$53.96M	$64.43M	$95.56M
Net income	$96.91M	$92.54M	$100.37M	$144.43M	$1.25B	$135.05M	$135.01M	$179.77M	$171.66M	$193.23M	$257.30M	$271.07M
EBITDA	$119.80M	$103.74M	$125.23M	$173.47M	$173.35M	$180.21M	$177.88M	$208.88M	$214.18M	$256.26M	$320.96M	$376.51M
EPS (basic)	$2.02	$1.90	$2.06	$2.96	$25.83	$2.82	$2.82	$3.75	$3.54	$3.94	$5.24	$5.53
EPS (diluted)	$1.98	$1.89	$2.05	$2.95	$25.71	$2.81	$2.81	$3.74	$3.49	$3.92	$5.22	$5.51
Diluted shares	37.00K	48.93M	48.95M	48.96M	-110.00K	48.01M	48.02M	48.04M	287.00K	49.24M	49.26M	49.18M
Gross margin	55.3%	55.1%	55.3%	55.4%	55.4%	55.4%	55.1%	55.1%	55.2%	55.3%	55.2%	55.4%
Operating margin	24.1%	20.9%	23.0%	26.5%	26.3%	26.5%	24.8%	26.5%	26.6%	30.0%	31.0%	29.7%
Net margin	21.3%	20.2%	19.8%	23.3%	201.8%	21.2%	20.3%	24.4%	22.9%	24.0%	26.2%	22.5%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$527.84M	$488.27M	$550.48M	$700.35M	$691.82M	$637.35M	$787.38M	$1.08B	$1.10B	$1.06B	$1.01B	$560.54M
Short-term investments	$580.63M	$798.12M	$756.77M	$762.00M	$171.13M	$389.31M	$358.69M	$188.23M	$157.24M	$304.18M	$408.17M	$530.69M
Receivables	$179.86M	$194.43M	$157.89M	$164.70M	$172.52M	$214.87M	$194.82M	$241.56M	$255.63M	$302.14M	$343.62M	$461.63M
Inventory	$383.70M	$395.99M	$426.75M	$424.94M	$419.61M	$454.79M	$490.64M	$505.68M	$564.65M	$619.16M	$675.85M	$764.88M
Total current assets	$1.82B	$1.98B	$2.00B	$2.16B	$1.57B	$1.79B	$1.92B	$2.11B	$2.18B	$2.33B	$2.48B	$2.37B
Goodwill	$6.57M	$27.31M	$26.08M	$26.08M	$25.94M	$25.94M	$25.94M	$25.94M	$25.94M	$25.94M	$25.94M	$25.94M
Total assets	$2.43B	$2.58B	$2.65B	$2.85B	$3.52B	$3.71B	$3.87B	$4.11B	$4.19B	$4.45B	$4.69B	$4.67B
Total current liabilities	$235.03M	$311.88M	$295.16M	$336.59M	$294.57M	$363.40M	$383.51M	$442.80M	$369.37M	$486.96M	$497.93M	$640.65M
Total liabilities	$384.41M	$465.14M	$452.27M	$503.05M	$564.70M	$631.51M	$662.29M	$729.88M	$662.70M	$771.46M	$790.78M	$938.84M
Shareholders' equity	$2.05B	$2.11B	$2.20B	$2.35B	$2.95B	$3.07B	$3.21B	$3.38B	$3.53B	$3.68B	$3.90B	$3.73B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$153.31M	$248.05M	$140.97M	$231.70M	$167.68M	$256.39M	$237.64M	$239.27M	$104.91M	$250.25M	$227.91M	$289.92M
Capital expenditures	$13.81M	$15.99M	$31.51M	$33.82M	$64.80M	$40.34M	$48.14M	$42.52M	$41.01M	$70.85M	$82.42M	$69.34M
Free cash flow	$139.51M	$232.06M	$109.47M	$197.88M	$102.88M	$216.04M	$189.49M	$196.75M	$63.90M	$179.40M	$145.48M	$220.58M
Investing cash flow	$33.97M	-$266.01M	-$3.35M	-$26.76M	$519.17M	-$257.49M	-$15.80M	$127.56M	-$11.55M	-$212.32M	-$184.53M	-$188.28M
Financing cash flow	-$54.41M	-$50.00M	-$73.64M	-$63.22M	-$685.37M	-$55.92M	-$79.41M	-$73.24M	-$77.30M	-$75.27M	-$103.34M	-$548.83M
Dividends paid	$50.58M	$49.55M	$68.06M	$61.16M	$61.86M	$60.01M	$75.06M	$74.91M	$74.82M	$78.40M	$101.10M	$98.50M
Share buybacks	$3.70M	$4.08M	$4.50M	$5.50M	$622.00M	$0	$2.60M	$2.10M	$897.00K	—	—	$453.43M
Stock-based compensation	$41.11M	$45.93M	$52.31M	$51.40M	$56.01M	$52.81M	$60.10M	$60.68M	$53.91M	$41.10M	$53.18M	$105.97M
Depreciation & amortization	$10.23M	$8.25M	$8.69M	$9.45M	$10.04M	$11.45M	$13.12M	$13.70M	$14.24M	$15.11M	$17.07M	$18.83M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.