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Side-by-side financial comparison of Alight, Inc. (ALIT) and Monolithic Power Systems (MPWR). Click either name above to swap in a different company.

Monolithic Power Systems is the larger business by last-quarter revenue ($804.2M vs $653.0M, roughly 1.2× Alight, Inc.). Monolithic Power Systems runs the higher net margin — 24.0% vs -142.7%, a 166.8% gap on every dollar of revenue. On growth, Monolithic Power Systems posted the faster year-over-year revenue change (26.1% vs -4.0%). Over the past eight quarters, Monolithic Power Systems's revenue compounded faster (25.9% CAGR vs 8.1%).

Alight Solutions is an American information technology and consulting company that provides cloud-based systems, outsourcing and consultancy related to human resource. They provide platforms and outsourcing for large companies to manage their human capital this includes health benefit administration, financial management and retirement planning.

Monolithic Power Systems, Inc. is an American, publicly traded company headquartered in Kirkland, Washington. It operates in more than 15 locations worldwide.

ALIT vs MPWR — Head-to-Head

Bigger by revenue
MPWR
MPWR
1.2× larger
MPWR
$804.2M
$653.0M
ALIT
Growing faster (revenue YoY)
MPWR
MPWR
+30.1% gap
MPWR
26.1%
-4.0%
ALIT
Higher net margin
MPWR
MPWR
166.8% more per $
MPWR
24.0%
-142.7%
ALIT
Faster 2-yr revenue CAGR
MPWR
MPWR
Annualised
MPWR
25.9%
8.1%
ALIT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ALIT
ALIT
MPWR
MPWR
Revenue
$653.0M
$804.2M
Net Profit
$-932.0M
$193.2M
Gross Margin
36.8%
55.3%
Operating Margin
-114.9%
30.0%
Net Margin
-142.7%
24.0%
Revenue YoY
-4.0%
26.1%
Net Profit YoY
-11750.0%
43.1%
EPS (diluted)
$-1.77
$3.92

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALIT
ALIT
MPWR
MPWR
Q1 26
$804.2M
Q4 25
$653.0M
$751.2M
Q3 25
$533.0M
$737.2M
Q2 25
$528.0M
$664.6M
Q1 25
$548.0M
$637.6M
Q4 24
$680.0M
$621.7M
Q3 24
$555.0M
$620.1M
Q2 24
$538.0M
$507.4M
Net Profit
ALIT
ALIT
MPWR
MPWR
Q1 26
$193.2M
Q4 25
$-932.0M
$171.7M
Q3 25
$-1.1B
$179.8M
Q2 25
$-1.1B
$135.0M
Q1 25
$-25.0M
$135.1M
Q4 24
$8.0M
$1.3B
Q3 24
$-74.0M
$144.4M
Q2 24
$23.0M
$100.4M
Gross Margin
ALIT
ALIT
MPWR
MPWR
Q1 26
55.3%
Q4 25
36.8%
55.2%
Q3 25
33.4%
55.1%
Q2 25
33.3%
55.1%
Q1 25
31.2%
55.4%
Q4 24
39.9%
55.4%
Q3 24
31.4%
55.4%
Q2 24
31.0%
55.3%
Operating Margin
ALIT
ALIT
MPWR
MPWR
Q1 26
30.0%
Q4 25
-114.9%
26.6%
Q3 25
-248.0%
26.5%
Q2 25
-191.3%
24.8%
Q1 25
-1.5%
26.5%
Q4 24
6.5%
26.3%
Q3 24
-7.6%
26.5%
Q2 24
-9.7%
23.0%
Net Margin
ALIT
ALIT
MPWR
MPWR
Q1 26
24.0%
Q4 25
-142.7%
22.9%
Q3 25
-200.2%
24.4%
Q2 25
-203.2%
20.3%
Q1 25
-4.6%
21.2%
Q4 24
1.2%
201.8%
Q3 24
-13.3%
23.3%
Q2 24
4.3%
19.8%
EPS (diluted)
ALIT
ALIT
MPWR
MPWR
Q1 26
$3.92
Q4 25
$-1.77
$3.50
Q3 25
$-2.02
$3.74
Q2 25
$-2.03
$2.81
Q1 25
$-0.05
$2.81
Q4 24
$0.02
$25.71
Q3 24
$-0.14
$2.95
Q2 24
$0.04
$2.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALIT
ALIT
MPWR
MPWR
Cash + ST InvestmentsLiquidity on hand
$273.0M
$1.4B
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$1.0B
$3.7B
Total Assets
$4.6B
$4.4B
Debt / EquityLower = less leverage
1.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALIT
ALIT
MPWR
MPWR
Q1 26
$1.4B
Q4 25
$273.0M
$1.3B
Q3 25
$205.0M
$1.3B
Q2 25
$227.0M
$1.1B
Q1 25
$223.0M
$1.0B
Q4 24
$343.0M
$862.9M
Q3 24
$300.0M
$1.5B
Q2 24
$183.0M
$1.3B
Total Debt
ALIT
ALIT
MPWR
MPWR
Q1 26
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.0B
Q2 24
$2.8B
Stockholders' Equity
ALIT
ALIT
MPWR
MPWR
Q1 26
$3.7B
Q4 25
$1.0B
$3.5B
Q3 25
$2.0B
$3.4B
Q2 25
$3.1B
$3.2B
Q1 25
$4.2B
$3.1B
Q4 24
$4.3B
$3.0B
Q3 24
$4.3B
$2.4B
Q2 24
$4.5B
$2.2B
Total Assets
ALIT
ALIT
MPWR
MPWR
Q1 26
$4.4B
Q4 25
$4.6B
$4.2B
Q3 25
$5.5B
$4.1B
Q2 25
$6.8B
$3.9B
Q1 25
$7.9B
$3.7B
Q4 24
$8.2B
$3.5B
Q3 24
$8.3B
$2.9B
Q2 24
$10.5B
$2.6B
Debt / Equity
ALIT
ALIT
MPWR
MPWR
Q1 26
Q4 25
1.92×
Q3 25
1.00×
Q2 25
0.65×
Q1 25
0.48×
Q4 24
0.47×
Q3 24
0.47×
Q2 24
0.62×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALIT
ALIT
MPWR
MPWR
Operating Cash FlowLast quarter
$124.0M
Free Cash FlowOCF − Capex
$99.0M
FCF MarginFCF / Revenue
15.2%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$250.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALIT
ALIT
MPWR
MPWR
Q1 26
Q4 25
$124.0M
$104.9M
Q3 25
$77.0M
$239.3M
Q2 25
$86.0M
$237.6M
Q1 25
$73.0M
$256.4M
Q4 24
$118.0M
$167.7M
Q3 24
$-24.0M
$231.7M
Q2 24
$58.0M
$141.0M
Free Cash Flow
ALIT
ALIT
MPWR
MPWR
Q1 26
Q4 25
$99.0M
$63.9M
Q3 25
$49.0M
$196.8M
Q2 25
$58.0M
$189.5M
Q1 25
$44.0M
$216.0M
Q4 24
$92.0M
$102.9M
Q3 24
$-52.0M
$197.9M
Q2 24
$22.0M
$109.5M
FCF Margin
ALIT
ALIT
MPWR
MPWR
Q1 26
Q4 25
15.2%
8.5%
Q3 25
9.2%
26.7%
Q2 25
11.0%
28.5%
Q1 25
8.0%
33.9%
Q4 24
13.5%
16.5%
Q3 24
-9.4%
31.9%
Q2 24
4.1%
21.6%
Capex Intensity
ALIT
ALIT
MPWR
MPWR
Q1 26
Q4 25
3.8%
5.5%
Q3 25
5.3%
5.8%
Q2 25
5.3%
7.2%
Q1 25
5.3%
6.3%
Q4 24
3.8%
10.4%
Q3 24
5.0%
5.5%
Q2 24
6.7%
6.2%
Cash Conversion
ALIT
ALIT
MPWR
MPWR
Q1 26
Q4 25
0.61×
Q3 25
1.33×
Q2 25
1.76×
Q1 25
1.90×
Q4 24
14.75×
0.13×
Q3 24
1.60×
Q2 24
2.52×
1.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALIT
ALIT

Recurring$607.0M93%
Projects$46.0M7%

MPWR
MPWR

Segment breakdown not available.

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