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Side-by-side financial comparison of Birkenstock Holding plc (BIRK) 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 $526.3M, roughly 1.5× Birkenstock Holding plc). Monolithic Power Systems runs the higher net margin — 24.0% vs 19.3%, a 4.8% gap on every dollar of revenue. Over the past eight quarters, Birkenstock Holding plc's revenue compounded faster (26.8% CAGR vs 25.9%).

Birkenstock Holding plc is a German shoe manufacturer known for its sandals and other shoes notable for contoured cork footbeds (soles), made with layers of suede and jute, which conform to the shape of their wearers' feet. Founded in 1774 by Johann Adam Birkenstock and headquartered in Neustadt (Wied), Rhineland-Palatinate, Germany, the company's original purpose was to create shoes that support and contour the foot, compared to the flat soles of many shoes during that time. In 1896, the Fus...

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

BIRK vs MPWR — Head-to-Head

Bigger by revenue
MPWR
MPWR
1.5× larger
MPWR
$804.2M
$526.3M
BIRK
Higher net margin
MPWR
MPWR
4.8% more per $
MPWR
24.0%
19.3%
BIRK
Faster 2-yr revenue CAGR
BIRK
BIRK
Annualised
BIRK
26.8%
25.9%
MPWR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BIRK
BIRK
MPWR
MPWR
Revenue
$526.3M
$804.2M
Net Profit
$101.4M
$193.2M
Gross Margin
62.8%
55.3%
Operating Margin
23.0%
30.0%
Net Margin
19.3%
24.0%
Revenue YoY
26.1%
Net Profit YoY
43.1%
EPS (diluted)
$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
BIRK
BIRK
MPWR
MPWR
Q1 26
$804.2M
Q4 25
$751.2M
Q3 25
$526.3M
$737.2M
Q2 25
$685.8M
$664.6M
Q1 25
$620.3M
$637.6M
Q4 24
$390.7M
$621.7M
Q3 24
$455.8M
$620.1M
Q2 24
$609.9M
$507.4M
Net Profit
BIRK
BIRK
MPWR
MPWR
Q1 26
$193.2M
Q4 25
$171.7M
Q3 25
$101.4M
$179.8M
Q2 25
$139.6M
$135.0M
Q1 25
$113.5M
$135.1M
Q4 24
$21.7M
$1.3B
Q3 24
$144.4M
Q2 24
$80.6M
$100.4M
Gross Margin
BIRK
BIRK
MPWR
MPWR
Q1 26
55.3%
Q4 25
55.2%
Q3 25
62.8%
55.1%
Q2 25
60.5%
55.1%
Q1 25
57.7%
55.4%
Q4 24
60.3%
55.4%
Q3 24
55.4%
Q2 24
59.5%
55.3%
Operating Margin
BIRK
BIRK
MPWR
MPWR
Q1 26
30.0%
Q4 25
26.6%
Q3 25
23.0%
26.5%
Q2 25
31.2%
24.8%
Q1 25
30.5%
26.5%
Q4 24
17.7%
26.3%
Q3 24
26.5%
Q2 24
27.5%
23.0%
Net Margin
BIRK
BIRK
MPWR
MPWR
Q1 26
24.0%
Q4 25
22.9%
Q3 25
19.3%
24.4%
Q2 25
20.3%
20.3%
Q1 25
18.3%
21.2%
Q4 24
5.6%
201.8%
Q3 24
23.3%
Q2 24
13.2%
19.8%
EPS (diluted)
BIRK
BIRK
MPWR
MPWR
Q1 26
$3.92
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

Balance Sheet & Financial Strength

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

Metric
BIRK
BIRK
MPWR
MPWR
Cash + ST InvestmentsLiquidity on hand
$355.4M
$1.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.9B
$3.7B
Total Assets
$5.3B
$4.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIRK
BIRK
MPWR
MPWR
Q1 26
$1.4B
Q4 25
$1.3B
Q3 25
$355.4M
$1.3B
Q2 25
$282.8M
$1.1B
Q1 25
$254.2M
$1.0B
Q4 24
$322.5M
$862.9M
Q3 24
$384.3M
$1.5B
Q2 24
$436.7M
$1.3B
Stockholders' Equity
BIRK
BIRK
MPWR
MPWR
Q1 26
$3.7B
Q4 25
$3.5B
Q3 25
$2.9B
$3.4B
Q2 25
$2.8B
$3.2B
Q1 25
$3.0B
$3.1B
Q4 24
$3.0B
$3.0B
Q3 24
$2.8B
$2.4B
Q2 24
$2.8B
$2.2B
Total Assets
BIRK
BIRK
MPWR
MPWR
Q1 26
$4.4B
Q4 25
$4.2B
Q3 25
$5.3B
$4.1B
Q2 25
$5.3B
$3.9B
Q1 25
$5.4B
$3.7B
Q4 24
$5.4B
$3.5B
Q3 24
$5.3B
$2.9B
Q2 24
$5.4B
$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
BIRK
BIRK
MPWR
MPWR
Operating Cash FlowLast quarter
$415.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
4.09×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIRK
BIRK
MPWR
MPWR
Q1 26
Q4 25
$104.9M
Q3 25
$415.0M
$239.3M
Q2 25
$237.6M
Q1 25
$256.4M
Q4 24
$-12.6M
$167.7M
Q3 24
$463.0M
$231.7M
Q2 24
$141.0M
Free Cash Flow
BIRK
BIRK
MPWR
MPWR
Q1 26
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
FCF Margin
BIRK
BIRK
MPWR
MPWR
Q1 26
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%
Capex Intensity
BIRK
BIRK
MPWR
MPWR
Q1 26
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%
Cash Conversion
BIRK
BIRK
MPWR
MPWR
Q1 26
Q4 25
0.61×
Q3 25
4.09×
1.33×
Q2 25
1.76×
Q1 25
1.90×
Q4 24
-0.58×
0.13×
Q3 24
1.60×
Q2 24
1.40×

Financial Flow Comparison

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

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