Monolithic Power Systems, Inc.
MPWR- Exchange
- Nasdaq
- Industry
- Semiconductors & Related Devices
- SEC CIK
- 0001280452
In the last 90 days, Monolithic Power Systems, Inc. insiders filed 0 open-market purchases and 5 sales; 1,258 institutions reported holding it in 13F filings for Q2 2026, worth $65.6B in total; superinvestors D1 Capital Partners and Maverick Capital hold it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 5, 2026, 12:12 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 5, 2026 | Feb 6, 2025 | Feb 7, 2024 | Feb 8, 2023 | Feb 10, 2022 |
| Revenue | $2.79B | $2.21B | $1.82B | $1.79B | $1.21B |
| Cost of revenue | $1.25B | $986.2M | $800.0M | $745.6M | $522.3M |
| Gross profit | $1.54B | $1.22B | $1.02B | $1.05B | $685.5M |
| Operating expenses | $811.1M | $681.5M | $539.4M | $521.8M | $423.0M |
| Research and development | $382.3M | $324.7M | $263.6M | $240.2M | $190.6M |
| Selling, general and administrative | $428.8M | $356.8M | $275.7M | $273.6M | $226.2M |
| Operating income | $728.6M | $539.4M | $481.7M | $526.8M | $262.4M |
| Income tax | $144.7M | -$1.21B | $78.5M | $87.3M | $30.2M |
| Net income | $621.5M | $1.79B | $427.4M | $437.7M | $242.0M |
| EPS, basic | $12.94 | $36.76 | $8.98 | $9.37 | $5.28 |
| EPS, diluted | $12.86 | $36.59 | $8.76 | $9.05 | $5.05 |
| Weighted shares, basic | 48.0M | 48.6M | 47.6M | 46.7M | 45.9M |
| Weighted shares, diluted | 48.3M | 48.8M | 48.8M | 48.4M | 47.9M |
| Margins and growth | |||||
| Gross margin | 55.2% | 55.3% | 56.1% | 58.4% | 56.8% |
| Operating margin | 26.1% | 24.4% | 26.5% | 29.4% | 21.7% |
| Net margin | 22.3% | 81.0% | 23.5% | 24.4% | 20.0% |
| Revenue growth, year over year | +26.4% | +21.2% | +1.5% | +48.5% | +43.0% |
| Net income growth, year over year | −65.2% | +318.1% | −2.4% | +80.8% | +47.2% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 5, 2026 | Feb 6, 2025 | Feb 7, 2024 | Feb 8, 2023 | Feb 10, 2022 |
| Cash and equivalents | $1.10B | $691.8M | $527.8M | $288.6M | $189.3M |
| Short-term investments | $157.2M | $171.1M | $580.6M | $449.3M | $535.8M |
| Accounts receivable | $255.6M | $172.5M | $179.9M | $182.7M | $104.8M |
| Inventory | $564.6M | $419.6M | $383.7M | $447.3M | $259.4M |
| Total current assets | $2.18B | $1.57B | $1.82B | $1.41B | $1.12B |
| Property, plant and equipment | $627.7M | $494.9M | $369.0M | $357.2M | $363.0M |
| Goodwill | $25.9M | $25.9M | $6.57M | $6.57M | $6.57M |
| Intangible assets | $8.79M | $9.94M | – | – | – |
| Total assets | $4.19B | $3.62B | $2.43B | $2.06B | $1.59B |
| Accounts payable | $138.3M | $102.5M | $63.0M | $61.5M | $83.0M |
| Total current liabilities | $369.4M | $294.6M | $235.0M | $263.4M | $226.9M |
| Total liabilities | $662.7M | $471.3M | $384.4M | $390.3M | $341.8M |
| Shareholders' equity | $3.53B | $3.15B | $2.05B | $1.67B | $1.24B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 5, 2026 | Feb 6, 2025 | Feb 7, 2024 | Feb 8, 2023 | Feb 10, 2022 |
| Operating cash flow | $838.2M | $788.4M | $638.2M | $246.7M | $320.0M |
| Capital expenditures | $172.0M | $146.1M | $57.6M | $58.8M | $94.4M |
| Free cash flow | $666.2M | $642.3M | $580.6M | $187.8M | $225.6M |
| Depreciation and amortization | $52.5M | $36.4M | $40.2M | $37.1M | $28.7M |
| Stock-based compensation | $227.5M | $205.6M | $149.7M | $161.0M | $123.5M |
| Dividends paid | $284.8M | $240.6M | $185.8M | $138.0M | $109.4M |
| Share buybacks | $6.60M | $636.2M | $3.74M | – | – |
| Investing cash flow | -$157.3M | $223.0M | -$178.7M | -$12.5M | -$378.9M |
| Financing cash flow | -$285.9M | -$872.2M | -$183.7M | -$128.8M | -$90.2M |
| Net change in cash | $407.6M | $130.8M | $272.5M | $99.3M | -$145.7M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 8.2% | 9.3% | 8.2% | 9.0% | 10.2% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 27, 2026 | 48.8M | +1.8% | SEC |
| Jul 29, 2026 | 49.1M | +2.6% | SEC |
| Apr 27, 2026 | 49.1M | +2.6% | SEC |
| Feb 20, 2026 | 49.1M | +2.6% | SEC |
| Oct 29, 2025 | 47.9M | −1.8% | SEC |
| Jul 28, 2025 | 47.9M | −1.8% | SEC |
| Apr 28, 2025 | 47.9M | −1.6% | SEC |
| Feb 21, 2025 | 47.9M | −1.6% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.