Monolithic Power Systems Inc (MPWR) Financial Statements
Industry: Semiconductors & Related Devices
In fiscal 2025, Monolithic Power Systems reported revenue of $2.79B, up 26.4% from $2.21B the year before. Net income was $621.5M (a 22.3% net margin), or $12.86 per diluted share. Gross margin was 55.2% and operating margin was 26.1%. Operating activities generated $838.2M of cash, leaving $666.2M of free cash flow. At fiscal year end, Monolithic Power Systems held $4.19B in total assets against $662.7M in total liabilities, including $1.10B of cash and equivalents.
Open the full interactive Monolithic Power Systems financials → Quarterly statements, key ratios, valuation history and price charts.
Monolithic Power Systems Key Stats
| Share Price | $1,319.55 |
|---|---|
| Market Cap | $65.00B |
| P/E Ratio | 102.6 |
| Dividend Yield | 0.51% |
| Revenue YoY Growth | +26.4% |
| 52-Week Range | $851.25 – $1,684.83 |
| Shares Outstanding | 49.1 million (basic, 2026 Q2) |
Monolithic Power Systems Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $844.5M | $1.21B | $1.79B | $1.82B | $2.21B | $2.79B |
| Gross Profit | $466.0M | $685.5M | $1.05B | $1.02B | $1.22B | $1.54B |
| Operating Income | $158.9M | $262.4M | $526.8M | $481.7M | $539.4M | $728.6M |
| Pre-Tax Income | $169.3M | $272.2M | $524.9M | $505.8M | $572.9M | $766.2M |
| Income Tax | $5.0M | $30.2M | $87.3M | $78.5M | -$1.21B | $144.7M |
| Net Income | $164.4M | $242.0M | $437.7M | $427.4M | $1.79B | $621.5M |
| Diluted EPS | $3.50 | $5.05 | $9.05 | $8.76 | $36.59 | $12.86 |
Monolithic Power Systems Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $737.2M | $751.2M | $804.2M | $980.6M |
| Net Income | $178.3M | $175.7M | $193.2M | $257.3M |
| Diluted EPS | $3.71 | $3.64 | $3.92 | $5.22 |
Monolithic Power Systems Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $334.9M | $189.3M | $288.6M | $527.8M | $691.8M | $1.10B |
| Current Assets | $842.0M | $1.12B | $1.41B | $1.82B | $1.57B | $2.18B |
| Total Assets | $1.21B | $1.59B | $2.06B | $2.43B | $3.62B | $4.19B |
| Current Liabilities | $147.0M | $226.9M | $263.4M | $235.0M | $294.6M | $369.4M |
| Total Liabilities | $241.9M | $341.8M | $390.3M | $384.4M | $471.3M | $662.7M |
| Shareholders' Equity | $966.6M | $1.24B | $1.67B | $2.05B | $3.15B | $3.53B |
Monolithic Power Systems Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $267.8M | $320.0M | $246.7M | $638.2M | $788.4M | $838.2M |
| Cash From Investing | -$39.2M | -$378.9M | -$12.5M | -$178.7M | $223.0M | -$157.3M |
| Cash From Financing | -$71.6M | -$90.2M | -$128.8M | -$183.7M | -$872.2M | -$285.9M |
| Free Cash Flow | $212.2M | $225.6M | $187.8M | $580.6M | $642.3M | $666.2M |
| Dividends Paid | $88.8M | $109.4M | $138.0M | $185.8M | $240.6M | $284.8M |
Figures from Monolithic Power Systems' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Monolithic Power Systems financials page for every line item.
Monolithic Power Systems Company Profile
| Ticker | MPWR |
|---|---|
| Exchange | Nasdaq |
| Industry | Semiconductors & Related Devices |
| Headquarters | West Palm Beach, Florida |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001280452 |
Frequently Asked Questions
What was Monolithic Power Systems' revenue in fiscal 2025?
Monolithic Power Systems (MPWR) reported revenue of $2.79B for fiscal 2025.
What is Monolithic Power Systems' annual revenue history?
Monolithic Power Systems' annual revenue by fiscal year: 2020: $844.5M; 2021: $1.21B; 2022: $1.79B; 2023: $1.82B; 2024: $2.21B; 2025: $2.79B.
What was Monolithic Power Systems' net income in fiscal 2025?
Monolithic Power Systems reported net income of $621.5M for fiscal 2025.
What was Monolithic Power Systems' earnings per share (EPS) in fiscal 2025?
Monolithic Power Systems' diluted EPS was $12.86 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Monolithic Power Systems generate in fiscal 2025?
Monolithic Power Systems generated $666.2M of free cash flow in fiscal 2025.
What was Monolithic Power Systems' revenue last quarter?
In its most recent reported quarter (2026 Q2), Monolithic Power Systems reported revenue of $980.6M.
How many shares of Monolithic Power Systems are outstanding?
Monolithic Power Systems reported a weighted average of 49.1 million basic shares outstanding in 2026 Q2.
What is Monolithic Power Systems' market cap?
Based on its latest closing price, Monolithic Power Systems (MPWR) has a market capitalization of about $65.00B.
When does Monolithic Power Systems' fiscal year end?
Monolithic Power Systems' fiscal year end, as registered with the SEC, is December 31.
Where is Monolithic Power Systems headquartered?
Monolithic Power Systems lists its business address in West Palm Beach, Florida in its SEC filings.