Monolithic Power SystemsMPWREarnings & Financial Report
Monolithic Power Systems, Inc. is an American, publicly traded company headquartered in Kirkland, Washington. It operates in more than 15 locations worldwide.
MPWR Q1 FY2026 Key Financial Metrics
Revenue
$804.2M
Gross Profit
$445.1M
Operating Profit
$241.2M
Net Profit
$193.2M
Gross Margin
55.3%
Operating Margin
30.0%
Net Margin
24.0%
YoY Growth
26.1%
EPS
$3.92
Monolithic Power Systems Q1 FY2026 Financial Summary
Monolithic Power Systems reported revenue of $804.2M (up 26.1% YoY) for Q1 FY2026, with a net profit of $193.2M (up 43.1% YoY) (24.0% margin). Cost of goods sold was $359.1M, operating expenses totaled $203.9M.
Key Financial Metrics
| Total Revenue | $804.2M |
|---|---|
| Net Profit | $193.2M |
| Gross Margin | 55.3% |
| Operating Margin | 30.0% |
| Report Period | Q1 FY2026 |
Monolithic Power Systems Annual Revenue by Year
Monolithic Power Systems annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.8B).
Monolithic Power Systems Quarterly Revenue & Net Profit History
Monolithic Power Systems results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $804.2M | +26.1% | $193.2M | 24.0% |
| Q4 FY2025 | $751.2M | +20.8% | $171.7M | 22.9% |
| Q3 FY2025 | $737.2M | +18.9% | $179.8M | 24.4% |
| Q2 FY2025 | $664.6M | +31.0% | $135.0M | 20.3% |
| Q1 FY2025 | $637.6M | +39.2% | $135.1M | 21.2% |
| Q4 FY2024 | $621.7M | +36.9% | $1.3B | 201.8% |
| Q3 FY2024 | $620.1M | +30.6% | $144.4M | 23.3% |
| Q2 FY2024 | $507.4M | +15.0% | $100.4M | 19.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $507.4M | $620.1M | $621.7M | $637.6M | $664.6M | $737.2M | $751.2M | $804.2M |
| YoY Growth | 15.0% | 30.6% | 36.9% | 39.2% | 31.0% | 18.9% | 20.8% | 26.1% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.65B | $2.85B | $3.52B | $3.71B | $3.87B | $4.11B | $4.19B | $4.45B |
| Liabilities | $452.3M | $503.1M | $564.7M | $631.5M | $662.3M | $729.9M | $662.7M | $771.5M |
| Equity | $2.20B | $2.35B | $2.95B | $3.07B | $3.21B | $3.38B | $3.53B | $3.68B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $141.0M | $231.7M | $167.7M | $256.4M | $237.6M | $239.3M | $104.9M |