MPWR · XBRL financial data
Monolithic Power Systems financial statements, every fiscal year
The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (MPWR's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 844 | 1,208 | 1,794 | 1,821 | 2,207 | 2,790 |
| Cost of revenue | 378 | 522 | 746 | 800 | 986 | 1,251 |
| Gross profit | 466 | 685 | 1,049 | 1,021 | 1,221 | 1,540 |
| Selling, general and administrative | 162 | 226 | 274 | 276 | 357 | 429 |
| Total operating expenses | 307 | 423 | 522 | 539 | 682 | 811 |
| Operating income (loss) | 159 | 262 | 527 | 482 | 539 | 729 |
| Other income (expense) | 1 | (1) | 0 | 0 | 1 | 1 |
| Income tax expense (benefit) | 5 | 30 | 87 | 78 | (1,214) | 145 |
| Net income (loss) | 164 | 242 | 438 | 427 | 1,787 | 621 |
| Earnings per share, basic USD per share | 3.67 | 5.28 | 9.37 | 8.98 | 36.76 | 12.94 |
| Earnings per share, diluted USD per share | 3.50 | 5.05 | 9.05 | 8.76 | 36.59 | 12.86 |
| Weighted average shares, basic millions of shares | 45 | 46 | 47 | 48 | 49 | 48 |
| Weighted average shares, diluted millions of shares | 47 | 48 | 48 | 49 | 49 | 48 |
Balance sheet
CSVFiscal years (MPWR's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 335 | 189 | 289 | 528 | 692 | 1,099 |
| Short-term investments | 260 | 536 | 449 | 581 | 171 | 157 |
| Marketable securities | — | — | — | — | 171 | — |
| Marketable securities, non-current | 3 | — | — | — | — | — |
| Accounts receivable | 67 | 105 | 183 | 180 | 173 | 256 |
| Inventory | 157 | 259 | 447 | 384 | 420 | 565 |
| Total current assets | 842 | 1,125 | 1,411 | 1,819 | 1,565 | 2,184 |
| Property and equipment, net | 282 | 363 | 357 | 369 | 495 | 628 |
| Right-of-use asset | 4 | — | — | 8 | 17 | 25 |
| Goodwill | 7 | 7 | 7 | 7 | 26 | 26 |
| Total assets | 1,208 | 1,586 | 2,059 | 2,434 | 3,617 | 4,194 |
| Accounts payable | 38 | 83 | 61 | 63 | 103 | 138 |
| Accrued liabilities | 63 | 81 | 114 | 116 | 128 | 145 |
| Total current liabilities | 147 | 227 | 263 | 235 | 295 | 369 |
| Lease liability, non-current | — | — | 2 | 6 | 13 | 20 |
| Total liabilities | 242 | 342 | 390 | 384 | 471 | 663 |
| Retained earnings | 299 | 425 | 716 | 947 | 2,487 | 2,610 |
| Total stockholders' equity | 967 | 1,244 | 1,669 | 2,050 | 3,146 | 3,531 |
| Total liabilities and equity | 1,208 | 1,586 | 2,059 | 2,434 | 3,617 | 4,194 |
| Common shares outstanding (cover page) millions of shares | 46 | 47 | 47 | 49 | 48 | 49 |
Cash flows
CSVFiscal years (MPWR's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 164 | 242 | 438 | 427 | 1,787 | 621 |
| Stock-based compensation | 86 | 123 | 161 | 150 | 206 | 227 |
| Depreciation and amortization | 19 | 29 | 37 | 40 | 36 | 53 |
| Net cash from operating activities | 268 | 320 | 247 | 638 | 788 | 838 |
| Purchases of property and equipment | 56 | 94 | 59 | 58 | 146 | 172 |
| Net cash from investing activities | (39) | (379) | (13) | (179) | 223 | (157) |
| Share repurchases | — | 0 | 0 | 4 | 636 | 7 |
| Dividends paid | 89 | 109 | 138 | 186 | 241 | 285 |
| Net cash from financing activities | (72) | (90) | (129) | (184) | (872) | (286) |
| Net change in cash | 162 | (146) | 99 | 272 | 131 | 408 |
Compare with peers
SIC 3674 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3674 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Monolithic Power Systems | 561 | 1,202 | 290* | 48.8M | 10-QSep 30, 2026 |
| TTM Technologies | 876 | 1,204 | 155* | 105.4M | 10-QSep 28, 2026 |
| Jabil | 1,739 | 10,616* | 733* | 103.0M | 10-KAug 31, 2026 |
| On Semiconductor | 4,158 | 1,722 | 516* | 389.3M | 10-QOct 2, 2026 |
| Hubbell | 335 | 1,873 | 323* | 52.8M | 10-QSep 30, 2026 |
| Flex | 3,083 | 8,491 | 501* | 369.5M | 10-QSep 25, 2026 |
| Credo Technology Group Holding | 467 | 479 | 90 | 188.0M | 10-QAug 1, 2026 |
| Qnity Electronics | 961 | 1,429 | 241* | 209.2M | 10-QJun 30, 2026 |
| Microchip Technology | 272 | 1,485 | 512 | 543.0M | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.