Monolithic Power Systems, Inc. (MPWR) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
Monolithic Power Systems is a power chipmaker specializing in voltage regulators. Its mission is to reduce total energy consumption in end systems to improve performance and save customers cost. It...
Monolithic Power Systems, Inc.'s revenue increased 26.4% year over year, from $2.21B to $2.79B.
Net income decreased 65.2% over the same period, from $1.79B to $621.5M.
Over the 9-year period from FY2016 to FY2025, revenue grew by 618% in total.
Total debt increased by 52.6% to $24.1M.
The debt-to-equity ratio stands at 0.01, indicating a conservative leverage profile.
Operating cash flow grew 6.3% to $838.2M.
Monolithic Power Systems, Inc. maintains a strong net profit margin of 22.3%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $620.1M+22.2% | $144.4M | $343.4M | $164.0M | $231.7M | $2.85B | $16.3M | $2.35B |
| Q4 FY2024 | $621.7M+0.2% | $1.45B | $344.4M | $163.3M | $167.7M | $3.62B | $15.8M | $3.15B |
| Q1 FY2025 | $637.6M+2.6% | $133.8M | $353.2M | $168.8M | $256.4M | $3.81B | $17.8M | $3.27B |
| Q2 FY2025 | $664.6M+4.2% | $133.7M | $366.0M | $164.8M | $237.6M | $3.97B | $19.9M | $3.40B |
| Q3 FY2025 | $737.2M+10.9% | $178.3M | $406.2M | $195.2M | $239.3M | $4.21B | $18.9M | $3.57B |
| Q4 FY2025 | $751.2M+1.9% | $175.7M | $414.3M | $199.9M | $104.9M | $4.19B | $24.1M | $3.53B |
| Q1 FY2026 | $804.2M+7.1% | $193.2M | $445.1M | $241.2M | $250.3M | $4.45B | $20.0M | $3.68B |
| Q2 FY2026 | $980.6M+21.9% | $257.3M | $541.1M | $303.9M | $227.9M | $4.69B | $18.9M | $3.90B |
Balance Sheet Summary (Q2 FY2026)
Monolithic Power Systems, Inc. (MPWR) Financial Statements & Revenue History
Monolithic Power Systems, Inc. (MPWR) is a US-listed stock operating in the Technology sector, specifically the Semiconductors & Related Devices industry trading at $1205.00 with a market capitalization of $59. This page provides 42 historical financial statements for Monolithic Power Systems, Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Monolithic Power Systems, Inc. reported revenue of $2.8 billion, representing 26.4% year-over-year growth. The net profit margin of 22.3% reflects strong profitability. The debt-to-equity ratio of 0.01 shows conservative leverage.
MPWR Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Monolithic Power Systems, Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether MPWR is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track MPWR's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Monolithic Power Systems, Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of MPWR's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use MPWR Financial Data
Investors use Monolithic Power Systems, Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare MPWR's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how MPWR's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View MPWR's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Monolithic Power Systems, Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.MPWR trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

