Monolithic Power Systems, Inc. (MPWR) Financial Statements

Monolithic Power Systems, Inc.

MPWR · NASDAQ-GS

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Total Revenue	$2.79B	$2.21B	$1.82B	$1.79B	$1.21B	$844.45M	$627.92M	$582.38M
Cost of Revenue	$1.25B	$986.23M	$799.95M	$745.60M	$522.34M	$378.50M	$281.60M	$259.71M
Gross Profit	$1.54B	$1.22B	$1.02B	$1.05B	$685.46M	$465.95M	$346.32M	$322.67M
Selling, General & Administrative	$428.84M	$356.76M	$275.74M	$281.60M	$232.41M	$161.67M	$133.54M	$113.80M
Operating Expenses	$811.11M	$681.51M	$539.38M	$521.77M	$423.04M	$307.07M	$243.76M	$209.18M
Operating Income	$728.64M	$539.36M	$481.74M	$526.78M	$262.42M	$158.88M	$102.56M	$113.49M
Other Income / (Expense)	$37.58M	$33.55M	$24.11M	-$1.85M	$9.80M	$10.46M	$10.56M	$4.99M
Income Before Taxes	$766.22M	$572.91M	$505.84M	$524.94M	$272.22M	$169.34M	$113.12M	$118.48M
Provision for Income Taxes	$144.73M	-$1.02B	$78.47M	$87.27M	$30.20M	$4.97M	$4.28M	$13.21M
Net Income	$621.48M	$1.59B	$427.37M	$437.67M	$242.02M	$164.38M	$108.84M	$105.27M
Basic EPS	$12.94	$32.76	$8.98	$9.37	$5.28	$3.67	$2.52	$2.49
Diluted EPS	$12.86	$32.60	$8.76	$9.05	$5.05	$3.50	$2.38	$2.36
Basic Shares Outstanding	48.03M	48.60M	47.61M	46.73M	45.85M	44.84M	43.16M	42.25M
Diluted Shares Outstanding	48.31M	48.84M	48.77M	48.36M	47.89M	47.01M	45.76M	44.60M

Analyst Estimates

Period	Consensus EPS	Low	High	Estimates	Revisions
Dec 2026	$20.66	$19.56	$23.60	8	↑2 ↓0
Dec 2027	$26.12	$23.32	$29.54	8	↑2 ↓0
Dec 2028	$28.41	$28.41	$28.41	1	↑0 ↓0

Forward estimates are the sell-side consensus reported by Nasdaq, not a metir forecast.

Symbol: MPWR
Type: Stock
Sector: Technology
Industry: Semiconductors
Country: North America
Exchange: NASDAQ-GS

MPS is a fabless global company that provides high-performance, semiconductor-based power electronics solutions. MPS's mission is to reduce energy and material consumption to improve all aspects of quality of life and create a sustainable future. Founded in 1997 by our CEO Michael Hsing, MPS has three core strengths: deep system-level knowledge, strong semiconductor design expertise, and innovative proprietary technologies in the areas of semiconductor processes, system integration, and packaging. These combined advantages enable MPS to deliver reliable, compact, and monolithic solutions that are highly energy-efficient, cost-effective, and environmentally responsible while providing a consistent return on investment to our stockholders. MPS can be contacted through its website at www.monolithicpower.com or its support offices around the world.

Key Issues

Bullish view

Second-quarter revenue reaches a record $981 million, rising 48% year over year, and management says growth across end markets is led by enterprise data. That performance supports the view that data-center demand is broadening the company’s growth base.

Bearish view

The evidence establishes one exceptionally strong quarter but does not show how long the acceleration lasts or whether enterprise-data demand remains the leading contributor. Investors therefore still lack a demonstrated multi-quarter record of durability.

Analyst Consensus

See all

Buy

12 analysts

$1,345

Current

—

Low

$1,810

Average

—

High

Average target implies +34.61% versus the current price.

Earnings History

BeatMissNo estimate

Peers

ASE Technology Holding Co., Ltd. American Depositary Shares (each representing Two Common Shares) ASX · NYSE$37.02