vs

Side-by-side financial comparison of Brookfield Renewable Corp (BEPC) and Monolithic Power Systems (MPWR). Click either name above to swap in a different company.

Brookfield Renewable Corp is the larger business by last-quarter revenue ($952.0M vs $751.2M, roughly 1.3× Monolithic Power Systems). Monolithic Power Systems runs the higher net margin — 22.9% vs -152.0%, a 174.8% gap on every dollar of revenue. On growth, Monolithic Power Systems posted the faster year-over-year revenue change (20.8% vs -3.7%).

Brookfield Renewable Partners L.P. is a publicly traded limited partnership that owns and operates renewable power assets, with corporate headquarters in Toronto, Ontario, Canada. It is 60% owned by Brookfield Asset Management.

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

BEPC vs MPWR — Head-to-Head

Bigger by revenue
BEPC
BEPC
1.3× larger
BEPC
$952.0M
$751.2M
MPWR
Growing faster (revenue YoY)
MPWR
MPWR
+24.6% gap
MPWR
20.8%
-3.7%
BEPC
Higher net margin
MPWR
MPWR
174.8% more per $
MPWR
22.9%
-152.0%
BEPC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BEPC
BEPC
MPWR
MPWR
Revenue
$952.0M
$751.2M
Net Profit
$-1.4B
$171.7M
Gross Margin
55.2%
Operating Margin
26.6%
Net Margin
-152.0%
22.9%
Revenue YoY
-3.7%
20.8%
Net Profit YoY
-326.8%
-86.3%
EPS (diluted)
$3.50

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
BEPC
BEPC
MPWR
MPWR
Q4 25
$751.2M
Q3 25
$737.2M
Q2 25
$952.0M
$664.6M
Q1 25
$637.6M
Q4 24
$621.7M
Q3 24
$620.1M
Q2 24
$989.0M
$507.4M
Q1 24
$457.9M
Net Profit
BEPC
BEPC
MPWR
MPWR
Q4 25
$171.7M
Q3 25
$179.8M
Q2 25
$-1.4B
$135.0M
Q1 25
$135.1M
Q4 24
$1.3B
Q3 24
$144.4M
Q2 24
$-339.0M
$100.4M
Q1 24
$92.5M
Gross Margin
BEPC
BEPC
MPWR
MPWR
Q4 25
55.2%
Q3 25
55.1%
Q2 25
55.1%
Q1 25
55.4%
Q4 24
55.4%
Q3 24
55.4%
Q2 24
55.3%
Q1 24
55.1%
Operating Margin
BEPC
BEPC
MPWR
MPWR
Q4 25
26.6%
Q3 25
26.5%
Q2 25
24.8%
Q1 25
26.5%
Q4 24
26.3%
Q3 24
26.5%
Q2 24
23.0%
Q1 24
20.9%
Net Margin
BEPC
BEPC
MPWR
MPWR
Q4 25
22.9%
Q3 25
24.4%
Q2 25
-152.0%
20.3%
Q1 25
21.2%
Q4 24
201.8%
Q3 24
23.3%
Q2 24
-34.3%
19.8%
Q1 24
20.2%
EPS (diluted)
BEPC
BEPC
MPWR
MPWR
Q4 25
$3.50
Q3 25
$3.74
Q2 25
$2.81
Q1 25
$2.81
Q4 24
$25.71
Q3 24
$2.95
Q2 24
$2.05
Q1 24
$1.89

Balance Sheet & Financial Strength

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

Metric
BEPC
BEPC
MPWR
MPWR
Cash + ST InvestmentsLiquidity on hand
$556.0M
$1.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$10.8B
$3.5B
Total Assets
$46.0B
$4.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEPC
BEPC
MPWR
MPWR
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
$556.0M
$1.1B
Q1 25
$1.0B
Q4 24
$862.9M
Q3 24
$1.5B
Q2 24
$614.0M
$1.3B
Q1 24
$1.3B
Stockholders' Equity
BEPC
BEPC
MPWR
MPWR
Q4 25
$3.5B
Q3 25
$3.4B
Q2 25
$10.8B
$3.2B
Q1 25
$3.1B
Q4 24
$3.0B
Q3 24
$2.4B
Q2 24
$14.8B
$2.2B
Q1 24
$2.1B
Total Assets
BEPC
BEPC
MPWR
MPWR
Q4 25
$4.2B
Q3 25
$4.1B
Q2 25
$46.0B
$3.9B
Q1 25
$3.7B
Q4 24
$3.5B
Q3 24
$2.9B
Q2 24
$42.6B
$2.6B
Q1 24
$2.6B

Cash Flow & Capital Efficiency

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

Metric
BEPC
BEPC
MPWR
MPWR
Operating Cash FlowLast quarter
$139.0M
$104.9M
Free Cash FlowOCF − Capex
$63.9M
FCF MarginFCF / Revenue
8.5%
Capex IntensityCapex / Revenue
5.5%
Cash ConversionOCF / Net Profit
0.61×
TTM Free Cash FlowTrailing 4 quarters
$666.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEPC
BEPC
MPWR
MPWR
Q4 25
$104.9M
Q3 25
$239.3M
Q2 25
$139.0M
$237.6M
Q1 25
$256.4M
Q4 24
$167.7M
Q3 24
$231.7M
Q2 24
$140.0M
$141.0M
Q1 24
$248.1M
Free Cash Flow
BEPC
BEPC
MPWR
MPWR
Q4 25
$63.9M
Q3 25
$196.8M
Q2 25
$189.5M
Q1 25
$216.0M
Q4 24
$102.9M
Q3 24
$197.9M
Q2 24
$109.5M
Q1 24
$232.1M
FCF Margin
BEPC
BEPC
MPWR
MPWR
Q4 25
8.5%
Q3 25
26.7%
Q2 25
28.5%
Q1 25
33.9%
Q4 24
16.5%
Q3 24
31.9%
Q2 24
21.6%
Q1 24
50.7%
Capex Intensity
BEPC
BEPC
MPWR
MPWR
Q4 25
5.5%
Q3 25
5.8%
Q2 25
7.2%
Q1 25
6.3%
Q4 24
10.4%
Q3 24
5.5%
Q2 24
6.2%
Q1 24
3.5%
Cash Conversion
BEPC
BEPC
MPWR
MPWR
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×
Q1 24
2.68×

Financial Flow Comparison

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

Related Comparisons