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Side-by-side financial comparison of BRADY CORP (BRC) 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 ($751.2M vs $405.3M, roughly 1.9× BRADY CORP). Monolithic Power Systems runs the higher net margin — 22.9% vs 13.3%, a 9.5% gap on every dollar of revenue. On growth, Monolithic Power Systems posted the faster year-over-year revenue change (20.8% vs 7.5%). Monolithic Power Systems produced more free cash flow last quarter ($63.9M vs $22.4M). Over the past eight quarters, Monolithic Power Systems's revenue compounded faster (28.1% CAGR vs 12.1%).

Brady Corporation is an American developer and manufacturer of specialty products, technical equipment, and services for identifying components used in workplaces. Headquartered in Milwaukee, Wisconsin, Brady employs 6,600 people in North and South America, Europe, Asia, and Australia and serves customers and markets globally. Brady Corporation was founded as W.H. Brady Co. in Eau Claire, Wisconsin, in 1914, by William Henry Brady (1879–1953). In 1984, the company went public and began tradi...

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

BRC vs MPWR — Head-to-Head

Bigger by revenue
MPWR
MPWR
1.9× larger
MPWR
$751.2M
$405.3M
BRC
Growing faster (revenue YoY)
MPWR
MPWR
+13.3% gap
MPWR
20.8%
7.5%
BRC
Higher net margin
MPWR
MPWR
9.5% more per $
MPWR
22.9%
13.3%
BRC
More free cash flow
MPWR
MPWR
$41.5M more FCF
MPWR
$63.9M
$22.4M
BRC
Faster 2-yr revenue CAGR
MPWR
MPWR
Annualised
MPWR
28.1%
12.1%
BRC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BRC
BRC
MPWR
MPWR
Revenue
$405.3M
$751.2M
Net Profit
$53.9M
$171.7M
Gross Margin
51.5%
55.2%
Operating Margin
16.8%
26.6%
Net Margin
13.3%
22.9%
Revenue YoY
7.5%
20.8%
Net Profit YoY
15.3%
-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
BRC
BRC
MPWR
MPWR
Q4 25
$405.3M
$751.2M
Q3 25
$397.3M
$737.2M
Q2 25
$382.6M
$664.6M
Q1 25
$356.7M
$637.6M
Q4 24
$377.1M
$621.7M
Q3 24
$343.4M
$620.1M
Q2 24
$343.4M
$507.4M
Q1 24
$322.6M
$457.9M
Net Profit
BRC
BRC
MPWR
MPWR
Q4 25
$53.9M
$171.7M
Q3 25
$49.9M
$179.8M
Q2 25
$52.3M
$135.0M
Q1 25
$40.3M
$135.1M
Q4 24
$46.8M
$1.3B
Q3 24
$55.5M
$144.4M
Q2 24
$50.9M
$100.4M
Q1 24
$43.6M
$92.5M
Gross Margin
BRC
BRC
MPWR
MPWR
Q4 25
51.5%
55.2%
Q3 25
50.4%
55.1%
Q2 25
51.0%
55.1%
Q1 25
49.3%
55.4%
Q4 24
50.3%
55.4%
Q3 24
51.6%
55.4%
Q2 24
51.6%
55.3%
Q1 24
50.2%
55.1%
Operating Margin
BRC
BRC
MPWR
MPWR
Q4 25
16.8%
26.6%
Q3 25
14.9%
26.5%
Q2 25
17.6%
24.8%
Q1 25
14.4%
26.5%
Q4 24
15.6%
26.3%
Q3 24
19.3%
26.5%
Q2 24
18.5%
23.0%
Q1 24
16.7%
20.9%
Net Margin
BRC
BRC
MPWR
MPWR
Q4 25
13.3%
22.9%
Q3 25
12.6%
24.4%
Q2 25
13.7%
20.3%
Q1 25
11.3%
21.2%
Q4 24
12.4%
201.8%
Q3 24
16.1%
23.3%
Q2 24
14.8%
19.8%
Q1 24
13.5%
20.2%
EPS (diluted)
BRC
BRC
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
BRC
BRC
MPWR
MPWR
Cash + ST InvestmentsLiquidity on hand
$182.7M
$1.3B
Total DebtLower is stronger
$115.9M
Stockholders' EquityBook value
$1.2B
$3.5B
Total Assets
$1.8B
$4.2B
Debt / EquityLower = less leverage
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRC
BRC
MPWR
MPWR
Q4 25
$182.7M
$1.3B
Q3 25
$174.3M
$1.3B
Q2 25
$152.2M
$1.1B
Q1 25
$138.5M
$1.0B
Q4 24
$145.7M
$862.9M
Q3 24
$250.1M
$1.5B
Q2 24
$160.5M
$1.3B
Q1 24
$143.9M
$1.3B
Total Debt
BRC
BRC
MPWR
MPWR
Q4 25
$115.9M
Q3 25
$99.8M
Q2 25
Q1 25
Q4 24
Q3 24
$90.9M
Q2 24
Q1 24
Stockholders' Equity
BRC
BRC
MPWR
MPWR
Q4 25
$1.2B
$3.5B
Q3 25
$1.2B
$3.4B
Q2 25
$1.2B
$3.2B
Q1 25
$1.1B
$3.1B
Q4 24
$1.1B
$3.0B
Q3 24
$1.1B
$2.4B
Q2 24
$1.0B
$2.2B
Q1 24
$1.0B
$2.1B
Total Assets
BRC
BRC
MPWR
MPWR
Q4 25
$1.8B
$4.2B
Q3 25
$1.7B
$4.1B
Q2 25
$1.7B
$3.9B
Q1 25
$1.6B
$3.7B
Q4 24
$1.6B
$3.5B
Q3 24
$1.5B
$2.9B
Q2 24
$1.4B
$2.6B
Q1 24
$1.4B
$2.6B
Debt / Equity
BRC
BRC
MPWR
MPWR
Q4 25
0.09×
Q3 25
0.08×
Q2 25
Q1 25
Q4 24
Q3 24
0.09×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
BRC
BRC
MPWR
MPWR
Operating Cash FlowLast quarter
$33.4M
$104.9M
Free Cash FlowOCF − Capex
$22.4M
$63.9M
FCF MarginFCF / Revenue
5.5%
8.5%
Capex IntensityCapex / Revenue
2.7%
5.5%
Cash ConversionOCF / Net Profit
0.62×
0.61×
TTM Free Cash FlowTrailing 4 quarters
$159.9M
$666.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRC
BRC
MPWR
MPWR
Q4 25
$33.4M
$104.9M
Q3 25
$58.3M
$239.3M
Q2 25
$59.9M
$237.6M
Q1 25
$39.6M
$256.4M
Q4 24
$23.4M
$167.7M
Q3 24
$84.0M
$231.7M
Q2 24
$72.7M
$141.0M
Q1 24
$36.1M
$248.1M
Free Cash Flow
BRC
BRC
MPWR
MPWR
Q4 25
$22.4M
$63.9M
Q3 25
$49.4M
$196.8M
Q2 25
$55.6M
$189.5M
Q1 25
$32.5M
$216.0M
Q4 24
$16.1M
$102.9M
Q3 24
$73.2M
$197.9M
Q2 24
$64.4M
$109.5M
Q1 24
$-13.5M
$232.1M
FCF Margin
BRC
BRC
MPWR
MPWR
Q4 25
5.5%
8.5%
Q3 25
12.4%
26.7%
Q2 25
14.5%
28.5%
Q1 25
9.1%
33.9%
Q4 24
4.3%
16.5%
Q3 24
21.3%
31.9%
Q2 24
18.8%
21.6%
Q1 24
-4.2%
50.7%
Capex Intensity
BRC
BRC
MPWR
MPWR
Q4 25
2.7%
5.5%
Q3 25
2.2%
5.8%
Q2 25
1.1%
7.2%
Q1 25
2.0%
6.3%
Q4 24
1.9%
10.4%
Q3 24
3.1%
5.5%
Q2 24
2.4%
6.2%
Q1 24
15.4%
3.5%
Cash Conversion
BRC
BRC
MPWR
MPWR
Q4 25
0.62×
0.61×
Q3 25
1.17×
1.33×
Q2 25
1.15×
1.76×
Q1 25
0.98×
1.90×
Q4 24
0.50×
0.13×
Q3 24
1.51×
1.60×
Q2 24
1.43×
1.40×
Q1 24
0.83×
2.68×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BRC
BRC

Americas Asia$215.1M53%
Europe Australia$119.9M30%
Other$70.2M17%

MPWR
MPWR

Segment breakdown not available.

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