Monolithic Power Systems
MPWR Nasdaq· Semiconductors
Last close · Oct 26, 2026
$1,167.27
KIRA · Stoqly’s AI analyst, in plain words
- Monolithic Power Systems had $2.8B of revenue in fiscal 2025, up 26.4% on the year before. Over five years, revenue changed +27.0% a year on average.
- Its operating margin was 26.1%, up 1.7 pts: of every 100 in sales, about 26 is left after running the business.
- Monolithic Power Systems made $622M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 29.4% a year.
- Free cash flow was $666M in fiscal 2025, 23.9% of revenue.
- Monolithic Power Systems returned $291M to shareholders in fiscal 2025, 44% of free cash flow. The diluted share count fell 1.1%.
- Monolithic Power Systems has $1.3B more cash than debt.
Market cap
$57.5B
P/E
71.3x
Revenue
$2.8B
Net income
$622M
Free cash flow
$666M
Operating margin
26.1%
Monolithic Power Systems in 30 seconds · fiscal 2025
Are sales growing?
+26.4%
Yes. Sales grew 26.4% last year.
Does it make a profit?
22.3%
Yes. It keeps 22.3% of every sale as profit.
Does profit turn into cash?
23.9%
Yes. 23.9% of sales ends up as free cash.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
How is the share priced?
71.3x
One share costs 71.3 times its yearly profit per share. Typical for its sector: 33.0x.
What Monolithic Power Systems does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 27, 2026
- Legal name
- Monolithic Power Systems, Inc.
- CIK
- 0001280452
Monolithic Power Systems · MPWR
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $1.2B | $1.8B | $1.8B | $2.2B | $2.8B |
| Revenue growth | 43.0% | 48.6% | 1.5% | 21.2% | 26.4% |
| Gross margin | 56.8% | 58.4% | 56.1% | 55.3% | 55.2% |
| Operating margin | 21.7% | 29.4% | 26.5% | 24.4% | 26.1% |
| Net income | $242M | $438M | $427M | $1.6B | $622M |
| Net margin | 20.0% | 24.4% | 23.5% | 72.1% | 22.3% |
| Diluted EPS | $5.05 | $9.05 | $8.76 | $32.60 | $12.86 |
| Cash | |||||
| Cash from operations | $320M | $247M | $638M | $788M | $838M |
| Capital expenditure | $94.4M | $58.8M | $57.6M | $146M | $172M |
| Free cash flow | $226M | $188M | $581M | $642M | $666M |
| FCF margin | 18.7% | 10.5% | 31.9% | 29.1% | 23.9% |
| Dividends paid | $109M | $138M | $186M | $241M | $285M |
| Share buybacks | $0.0M | $0.0M | $3.7M | $636M | $6.6M |
| Share count change | 1.9% | 1.0% | 0.9% | 0.1% | −1.1% |
| Debt and strength | |||||
| Cash and short-term investments | $725M | $738M | $1.1B | $863M | $1.3B |
| Debt incl. finance leases | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Shareholders' equity | $1.2B | $1.7B | $2.0B | $3.0B | $3.5B |
| Net debt / EBITDA | −2.5x | −1.3x | −2.1x | −1.5x | −1.6x |
| Current ratio | 5.0x | 5.4x | 7.7x | 5.3x | 5.9x |
| Returns and quality | |||||
| Return on capital | 52.4% | 60.6% | 43.5% | 35.6% | 27.1% |
| Return on equity | 21.9% | 30.1% | 23.0% | 63.7% | 19.2% |
| Piotroski F-score | 6 | 6 | 4 | 4 | 5 |
| Altman Z'' | 9.5 | 11.0 | 12.5 | 11.0 | 11.6 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$728M
11 insiders
Of sales under plans
36%
$258M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Monolithic Power Systems · MPWR
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Monolithic Power Systems MPWR | $57.5B | 26.4% | 26.1% | 23.9% | 27.1% | 71.3x | 5 |
| Cirrus Logic CRUS | $5.9B | 5.3% | 23.1% | 31.9% | 29.6% | 13.8x | 8 |
| Skyworks Solutions SWKS | $12.6B | −2.2% | 12.2% | 27.1% | 8.5% | 43.2x | 5 |
| Microchip Technology MCHP | $41.8B | 7.1% | 10.4% | 18.5% | 3.5% | 111.6x | 6 |
| Arm Holdings ARM | $238.5B | 22.8% | 18.3% | 19.9% | — | — | — |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $1,167.27 a share, the company is worth $57.5B: 71.3 times its earnings of the last four quarters.
Monolithic Power Systems grew sales faster than 4 of its 4 similar companies. Its P/E is higher than 2 of 3.
Source: SEC EDGAR XBRL filings (CIK 0001280452). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.