MPWR

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Monolithic Power Systems, Inc.

Cyclical demand Physical products Sells to businessesTags from an AI model reading the company description.

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Key Metrics

Previous Close: $1,360.97
52-Week Range: $833.18 – $1,714.09
Market Cap: $70.75B
P/E (TTM): 87.57
EPS (TTM): 16.44
Dividend Yield: 0.56%

Advanced Metrics

Price/Book: 18.16
PEG Ratio: 1.08
Return on Equity: 21.98%
Return on Assets: 13.57%
Gross Margin: 55.20%
Operating Margin: 30.99%
Profit Margin: 24.50%
Current Ratio: 4.97
Debt/Equity: 0.00
Total Debt: $18.93M
Free Cash Flow: $444.32M
Revenue Growth: 47.60%
Earnings Growth: 85.80%
Enterprise Value: $69.36B

MPWR Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$1.79B	$1.82B	$2.21B	$2.79B
Cost of Revenue	$745.60M	$799.95M	$986.23M	$1.25B
Gross Profit	$1.05B	$1.02B	$1.22B	$1.54B
Research & Development	$240.17M	$263.64M	$324.75M	$382.26M
Selling, General & Admin	$281.60M	$275.74M	$356.76M	$428.84M
Operating Expenses	$521.77M	$539.38M	$681.51M	$811.11M
Operating Income	$526.78M	$481.74M	$539.36M	$728.64M
EBITDA	$563.90M	$521.90M	$575.79M	$781.15M
Pretax Income	$524.94M	$505.84M	$572.91M	$766.22M
Income Tax	$87.27M	$78.47M	-$1.02B	$144.73M
Net Income	$437.67M	$427.37M	$1.59B	$621.48M
Diluted EPS	9.05	8.76	32.60	12.75
Diluted Shares	48.36M	48.77M	48.84M	48.31M

MPWR Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$288.61M	$527.84M	$691.82M	$1.10B
Receivables	$197.19M	$250.00M	$232.52M	$315.63M
Inventory	$447.29M	$383.70M	$419.61M	$564.65M
Current Assets	$1.41B	$1.82B	$1.57B	$2.18B
Total Assets	$2.06B	$2.43B	$3.52B	$4.19B
Current Liabilities	$263.40M	$235.03M	$294.57M	$369.37M
Total Debt	$1.66M	$5.57M	$12.97M	$19.97M
Total Liabilities	$390.28M	$384.41M	$564.70M	$662.70M
Retained Earnings	$716.40M	$947.06M	$2.29B	$2.61B
Shareholders' Equity	$1.67B	$2.05B	$2.95B	$3.53B
Working Capital	$1.15B	$1.58B	$1.27B	$1.81B

MPWR Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$246.67M	$638.21M	$788.41M	$838.20M
Capital Expenditure	-$58.84M	-$57.58M	-$164.29M	-$174.94M
Free Cash Flow	$187.83M	$580.63M	$624.12M	$663.26M
Depreciation & Amortisation	$37.11M	$40.17M	$36.43M	$52.51M
Stock-Based Compensation	$160.99M	$149.71M	$205.64M	$227.49M
Investing Cash Flow	-$12.51M	-$178.73M	$223.05M	-$157.27M
Financing Cash Flow	-$128.78M	-$183.72M	-$872.23M	-$285.86M
Dividends Paid	-$137.97M	-$185.84M	-$240.62M	-$284.80M
Share Repurchases	$0.00	-$3.74M	-$636.24M	-$7.69M
Net Change in Cash	$105.38M	$275.76M	$139.23M	$395.07M

MPWR Income statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$664.57M	$737.18M	$751.15M	$804.18M	$980.64M
Cost of Revenue	$298.56M	$330.95M	$336.89M	$359.12M	$439.57M
Gross Profit	$366.02M	$406.23M	$414.27M	$445.06M	$541.07M
Research & Development	$96.27M	$98.17M	$95.60M	$100.57M	$118.62M
Selling, General & Admin	$104.99M	$112.87M	$118.73M	$103.35M	$118.56M
Operating Expenses	$201.26M	$211.04M	$214.33M	$203.91M	$237.18M
Operating Income	$164.76M	$195.18M	$199.94M	$241.15M	$303.89M
EBITDA	$177.88M	$208.88M	$214.18M	$256.26M	$320.96M
Pretax Income	$176.98M	$205.57M	$209.77M	$247.18M	$321.73M
Income Tax	$41.97M	$27.30M	$34.08M	$53.96M	$64.43M
Net Income	$135.01M	$178.27M	$175.69M	$193.23M	$257.30M
Diluted EPS	2.78	3.71	3.46	3.92	5.22
Diluted Shares	48.02M	48.04M	49.17M	49.24M	49.26M

MPWR Balance Sheet statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$787.38M	$1.08B	$1.10B	$1.06B	$1.01B
Receivables	$194.82M	$241.56M	$315.63M	$302.14M	$343.62M
Inventory	$490.64M	$505.68M	$564.65M	$619.16M	$675.85M
Current Assets	$1.92B	$2.11B	$2.18B	$2.33B	$2.48B
Total Assets	$3.97B	$4.21B	$4.19B	$4.45B	$4.69B
Current Liabilities	$383.51M	$442.80M	$369.37M	$486.96M	$497.93M
Total Debt	$15.94M	$15.08M	$19.97M	$19.97M	$18.93M
Total Liabilities	$570.14M	$638.45M	$662.70M	$771.46M	$790.78M
Retained Earnings	$2.60B	$2.71B	$2.61B	$2.70B	$2.86B
Shareholders' Equity	$3.40B	$3.57B	$3.53B	$3.68B	$3.90B
Working Capital	$1.54B	$1.67B	$1.81B	$1.84B	$1.98B

MPWR Cash Flow statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$237.64M	$239.27M	$104.91M	$250.25M	$227.91M
Capital Expenditure	-$48.14M	-$45.04M	-$41.41M	-$70.85M	-$82.42M
Free Cash Flow	$189.49M	$194.22M	$63.50M	$179.40M	$145.48M
Depreciation & Amortisation	$13.12M	$13.70M	$14.24M	$15.11M	$17.07M
Stock-Based Compensation	$60.10M	$60.68M	$53.91M	$41.10M	$53.18M
Investing Cash Flow	-$15.80M	$127.56M	-$11.55M	-$212.32M	-$184.53M
Financing Cash Flow	-$79.41M	-$73.24M	-$77.30M	-$75.27M	-$103.34M
Dividends Paid	-$75.06M	-$74.91M	-$74.82M	-$78.40M	-$101.10M
Share Repurchases	-$3.69M	-$2.02M	-$1.98M	—	—
Net Change in Cash	$142.43M	$293.59M	$16.06M	-$37.34M	-$59.97M

Market Snapshot

About

Designs and manufactures high-performance analog and mixed-signal semiconductors for power management and conversion applications. Products serve computing, storage, automotive, industrial, communications, and consumer markets. Known for integrated power solutions that improve efficiency and reduce size.