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Side-by-side financial comparison of ALTA EQUIPMENT GROUP INC. (ALTG) 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 $509.1M, roughly 1.6× ALTA EQUIPMENT GROUP INC.). Monolithic Power Systems runs the higher net margin — 24.0% vs -2.3%, a 26.3% gap on every dollar of revenue. On growth, Monolithic Power Systems posted the faster year-over-year revenue change (26.1% vs 2.2%). Over the past eight quarters, Monolithic Power Systems's revenue compounded faster (25.9% CAGR vs 7.4%).

The Alta Car and Engineering Company was a British sports and racing car manufacturer, commonly known simply as Alta. Their cars contested five FIA World Championship races between 1950 and 1952, as well as Grand Prix events prior to this. They also supplied engines to a small number of other constructors, most notably the Connaught and HWM teams.

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

ALTG vs MPWR — Head-to-Head

Bigger by revenue
MPWR
MPWR
1.6× larger
MPWR
$804.2M
$509.1M
ALTG
Growing faster (revenue YoY)
MPWR
MPWR
+23.9% gap
MPWR
26.1%
2.2%
ALTG
Higher net margin
MPWR
MPWR
26.3% more per $
MPWR
24.0%
-2.3%
ALTG
Faster 2-yr revenue CAGR
MPWR
MPWR
Annualised
MPWR
25.9%
7.4%
ALTG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ALTG
ALTG
MPWR
MPWR
Revenue
$509.1M
$804.2M
Net Profit
$-11.7M
$193.2M
Gross Margin
23.5%
55.3%
Operating Margin
1.0%
30.0%
Net Margin
-2.3%
24.0%
Revenue YoY
2.2%
26.1%
Net Profit YoY
-10.4%
43.1%
EPS (diluted)
$-0.38
$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
ALTG
ALTG
MPWR
MPWR
Q1 26
$804.2M
Q4 25
$509.1M
$751.2M
Q3 25
$422.6M
$737.2M
Q2 25
$481.2M
$664.6M
Q1 25
$423.0M
$637.6M
Q4 24
$498.1M
$621.7M
Q3 24
$448.8M
$620.1M
Q2 24
$488.1M
$507.4M
Net Profit
ALTG
ALTG
MPWR
MPWR
Q1 26
$193.2M
Q4 25
$-11.7M
$171.7M
Q3 25
$-41.6M
$179.8M
Q2 25
$-6.1M
$135.0M
Q1 25
$-20.9M
$135.1M
Q4 24
$-10.6M
$1.3B
Q3 24
$-27.7M
$144.4M
Q2 24
$-11.9M
$100.4M
Gross Margin
ALTG
ALTG
MPWR
MPWR
Q1 26
55.3%
Q4 25
23.5%
55.2%
Q3 25
27.9%
55.1%
Q2 25
25.4%
55.1%
Q1 25
27.2%
55.4%
Q4 24
23.4%
55.4%
Q3 24
27.8%
55.4%
Q2 24
27.0%
55.3%
Operating Margin
ALTG
ALTG
MPWR
MPWR
Q1 26
30.0%
Q4 25
1.0%
26.6%
Q3 25
1.1%
26.5%
Q2 25
2.6%
24.8%
Q1 25
0.2%
26.5%
Q4 24
0.5%
26.3%
Q3 24
1.5%
26.5%
Q2 24
2.1%
23.0%
Net Margin
ALTG
ALTG
MPWR
MPWR
Q1 26
24.0%
Q4 25
-2.3%
22.9%
Q3 25
-9.8%
24.4%
Q2 25
-1.3%
20.3%
Q1 25
-4.9%
21.2%
Q4 24
-2.1%
201.8%
Q3 24
-6.2%
23.3%
Q2 24
-2.4%
19.8%
EPS (diluted)
ALTG
ALTG
MPWR
MPWR
Q1 26
$3.92
Q4 25
$-0.38
$3.50
Q3 25
$-1.31
$3.74
Q2 25
$-0.21
$2.81
Q1 25
$-0.65
$2.81
Q4 24
$-0.34
$25.71
Q3 24
$-0.86
$2.95
Q2 24
$-0.38
$2.05

Balance Sheet & Financial Strength

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

Metric
ALTG
ALTG
MPWR
MPWR
Cash + ST InvestmentsLiquidity on hand
$18.6M
$1.4B
Total DebtLower is stronger
$724.0M
Stockholders' EquityBook value
$-8.8M
$3.7B
Total Assets
$1.3B
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALTG
ALTG
MPWR
MPWR
Q1 26
$1.4B
Q4 25
$18.6M
$1.3B
Q3 25
$14.1M
$1.3B
Q2 25
$13.2M
$1.1B
Q1 25
$11.1M
$1.0B
Q4 24
$13.4M
$862.9M
Q3 24
$14.6M
$1.5B
Q2 24
$4.5M
$1.3B
Total Debt
ALTG
ALTG
MPWR
MPWR
Q1 26
Q4 25
$724.0M
Q3 25
$745.6M
Q2 25
$732.6M
Q1 25
$735.0M
Q4 24
$695.3M
Q3 24
$712.6M
Q2 24
$727.3M
Stockholders' Equity
ALTG
ALTG
MPWR
MPWR
Q1 26
$3.7B
Q4 25
$-8.8M
$3.5B
Q3 25
$2.9M
$3.4B
Q2 25
$43.9M
$3.2B
Q1 25
$56.0M
$3.1B
Q4 24
$77.6M
$3.0B
Q3 24
$95.7M
$2.4B
Q2 24
$125.2M
$2.2B
Total Assets
ALTG
ALTG
MPWR
MPWR
Q1 26
$4.4B
Q4 25
$1.3B
$4.2B
Q3 25
$1.4B
$4.1B
Q2 25
$1.4B
$3.9B
Q1 25
$1.5B
$3.7B
Q4 24
$1.5B
$3.5B
Q3 24
$1.5B
$2.9B
Q2 24
$1.6B
$2.6B
Debt / Equity
ALTG
ALTG
MPWR
MPWR
Q1 26
Q4 25
Q3 25
257.10×
Q2 25
16.69×
Q1 25
13.13×
Q4 24
8.96×
Q3 24
7.45×
Q2 24
5.81×

Cash Flow & Capital Efficiency

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

Metric
ALTG
ALTG
MPWR
MPWR
Operating Cash FlowLast quarter
$33.9M
Free Cash FlowOCF − Capex
$32.8M
FCF MarginFCF / Revenue
6.4%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$23.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALTG
ALTG
MPWR
MPWR
Q1 26
Q4 25
$33.9M
$104.9M
Q3 25
$2.5M
$239.3M
Q2 25
$14.1M
$237.6M
Q1 25
$-17.5M
$256.4M
Q4 24
$34.9M
$167.7M
Q3 24
$46.3M
$231.7M
Q2 24
$-10.7M
$141.0M
Free Cash Flow
ALTG
ALTG
MPWR
MPWR
Q1 26
Q4 25
$32.8M
$63.9M
Q3 25
$-1.7M
$196.8M
Q2 25
$11.9M
$189.5M
Q1 25
$-19.2M
$216.0M
Q4 24
$30.9M
$102.9M
Q3 24
$42.1M
$197.9M
Q2 24
$-13.5M
$109.5M
FCF Margin
ALTG
ALTG
MPWR
MPWR
Q1 26
Q4 25
6.4%
8.5%
Q3 25
-0.4%
26.7%
Q2 25
2.5%
28.5%
Q1 25
-4.5%
33.9%
Q4 24
6.2%
16.5%
Q3 24
9.4%
31.9%
Q2 24
-2.8%
21.6%
Capex Intensity
ALTG
ALTG
MPWR
MPWR
Q1 26
Q4 25
0.2%
5.5%
Q3 25
1.0%
5.8%
Q2 25
0.5%
7.2%
Q1 25
0.4%
6.3%
Q4 24
0.8%
10.4%
Q3 24
0.9%
5.5%
Q2 24
0.6%
6.2%
Cash Conversion
ALTG
ALTG
MPWR
MPWR
Q1 26
Q4 25
0.61×
Q3 25
1.33×
Q2 25
1.76×
Q1 25
1.90×
Q4 24
0.13×
Q3 24
1.60×
Q2 24
1.40×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALTG
ALTG

New And Used Equipment Sales$300.9M59%
Parts Sales$68.1M13%
Services$59.3M12%
Rental Equipment Sales$38.0M7%
Design And Build Projects Automated Equipment Installation And System Integration Services$18.5M4%
Design And Build Solutions Automated Equipment Installation And System Integration And Software Services$14.6M3%
Master Distribution Segment$14.0M3%

MPWR
MPWR

Segment breakdown not available.

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