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.
Revenue
$664.6M
Gross Profit
$366.0M
Operating Profit
$164.8M
Net Profit
$135.0M
Gross Margin
55.1%
Operating Margin
24.8%
Net Margin
20.3%
YoY Growth
31.0%
EPS
$2.81
Monolithic Power Systems Q2 FY2025 Financial Summary
Monolithic Power Systems reported revenue of $664.6M (up 31.0% YoY) for Q2 FY2025, with a net profit of $135.0M (up 34.5% YoY) (20.3% margin). Cost of goods sold was $298.6M, operating expenses totaled $201.3M.
Key Financial Metrics
| Total Revenue | $664.6M |
|---|---|
| Net Profit | $135.0M |
| Gross Margin | 55.1% |
| Operating Margin | 24.8% |
| Report Period | Q2 FY2025 |
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).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.8B |
| 2024 | $2.2B |
| 2023 | $1.8B |
| 2022 | $1.8B |
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 |