MPWR
Monolithic Power Systems Inc
NASDAQ: MPWR · TECHNOLOGY · SEMICONDUCTORS
$1,526.84
+1.51% today
Updated 2026-04-29
Market cap
$80.16B
P/E ratio
126.61
P/S ratio
28.73x
EPS (TTM)
$12.89
Dividend yield
0.39%
52W range
$558 – $1,662
Volume
0.6M
Monolithic Power Systems Inc (MPWR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $105.02M | $134.00M | $160.51M | $165.01M | $218.84M | $196.52M | $213.81M | $238.09M | $282.54M | $333.07M | $388.67M | $470.93M | $582.38M | $627.92M | $844.45M | $1.21B | $1.79B | $1.82B | $2.21B | $2.79B |
| Revenue growth (YoY) | — | +27.6% | +19.8% | +2.8% | +32.6% | -10.2% | +8.8% | +11.4% | +18.7% | +17.9% | +16.7% | +21.2% | +23.7% | +7.8% | +34.5% | +43.0% | +48.5% | +1.5% | +21.2% | +26.4% |
| Cost of revenue | $38.11M | $48.78M | $61.18M | $67.33M | $97.38M | $94.92M | $100.67M | $110.19M | $129.92M | $152.90M | $177.79M | $212.65M | $259.71M | $281.60M | $378.50M | $522.34M | $745.60M | $799.95M | $986.23M | $1.25B |
| Gross profit | $66.91M | $85.22M | $99.33M | $97.68M | $121.46M | $101.59M | $113.15M | $127.90M | $152.62M | $180.17M | $210.87M | $258.28M | $322.67M | $346.32M | $465.95M | $685.46M | $1.05B | $1.02B | $1.22B | $1.54B |
| Gross margin | 63.7% | 63.6% | 61.9% | 59.2% | 55.5% | 51.7% | 52.9% | 53.7% | 54.0% | 54.1% | 54.3% | 54.8% | 55.4% | 55.2% | 55.2% | 56.8% | 58.4% | 56.1% | 55.3% | 55.2% |
| R&D | $22.30M | $27.34M | $34.85M | $38.30M | $44.37M | $44.52M | $48.80M | $49.73M | $58.59M | $65.79M | $73.64M | $82.36M | $93.45M | $107.76M | $137.60M | $190.63M | $240.17M | $263.64M | $324.75M | $382.26M |
| SG&A | $27.59M | $29.54M | $35.26M | $39.85M | $46.59M | $40.28M | $50.02M | $54.62M | $66.75M | $72.31M | $83.01M | $97.26M | $113.80M | $133.54M | $161.67M | $226.19M | $273.60M | $266.89M | $356.76M | $428.84M |
| Operating income | $1.24M | $9.67M | $22.51M | $19.53M | $30.50M | $13.42M | $17.28M | $23.91M | $35.30M | $41.07M | $54.45M | $77.42M | $113.49M | $102.56M | $158.88M | $262.42M | $526.78M | $481.74M | $539.36M | $728.64M |
| Operating margin | 1.2% | 7.2% | 14.0% | 11.8% | 13.9% | 6.8% | 8.1% | 10.0% | 12.5% | 12.3% | 14.0% | 16.4% | 19.5% | 16.3% | 18.8% | 21.7% | 29.4% | 26.5% | 24.4% | 26.1% |
| EBITDA | $15.48M | $13.85M | $28.23M | $26.10M | $43.93M | $25.53M | $23.67M | $35.70M | $40.40M | $55.85M | $68.89M | $94.77M | $127.72M | $119.89M | $185.87M | $291.12M | $563.90M | $521.90M | $575.79M | $817.24M |
| EBITDA margin | 14.7% | 10.3% | 17.6% | 15.8% | 20.1% | 13.0% | 11.1% | 15.0% | 14.3% | 16.8% | 17.7% | 20.1% | 21.9% | 19.1% | 22.0% | 24.1% | 31.4% | 28.7% | 26.1% | 29.3% |
| EBIT | $1.24M | $9.67M | $22.51M | $19.53M | $35.92M | $16.80M | $14.33M | $23.54M | $27.27M | $42.07M | $54.22M | $78.67M | $115.41M | $105.03M | $166.69M | $262.42M | $526.78M | $481.74M | $539.36M | $766.22M |
| Interest expense | $273000.00 | $0.00 | $652000.00 | $429000.00 | $234000.00 | $362000.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $20.50M | $14.04M | $26.05M | $14.37M | — | — | — |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-2.86M | $9.29M | $24.23M | $19.67M | $29.56M | $13.30M | $15.76M | $22.90M | $35.49M | $35.17M | $52.72M | $65.20M | $105.27M | $108.84M | $164.38M | $242.02M | $437.67M | $427.37M | $1.79B | $615.93M |
| Net income growth (YoY) | — | +424.5% | +160.7% | -18.8% | +50.3% | -55.0% | +18.5% | +45.3% | +55.0% | -0.9% | +49.9% | +23.7% | +61.4% | +3.4% | +51.0% | +47.2% | +80.8% | -2.4% | +318.1% | -65.5% |
| Profit margin | -2.7% | 6.9% | 15.1% | 11.9% | 13.5% | 6.8% | 7.4% | 9.6% | 12.6% | 10.6% | 13.6% | 13.8% | 18.1% | 17.3% | 19.5% | 20.0% | 24.4% | 23.5% | 81.0% | 22.1% |