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Side-by-side financial comparison of Howard Hughes Holdings Inc. (HHH) 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 $624.4M, roughly 1.3× Howard Hughes Holdings Inc.). Monolithic Power Systems runs the higher net margin — 24.0% vs 1.0%, a 23.1% gap on every dollar of revenue. On growth, Monolithic Power Systems posted the faster year-over-year revenue change (26.1% vs -33.2%). Over the past eight quarters, Howard Hughes Holdings Inc.'s revenue compounded faster (91.0% CAGR vs 25.9%).

Howard Hughes Holdings Inc., formerly the Howard Hughes Corporation, is a real estate development and management company based in The Woodlands, Texas. It was formed in 2010 as a spin-off from General Growth Properties (GGP). Most of its holdings are focused on several master-planned communities. It took its name from the original Howard Hughes Corporation, which had developed the planned community of Summerlin, Nevada, and later became a subsidiary of GGP.

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

HHH vs MPWR — Head-to-Head

Bigger by revenue
MPWR
MPWR
1.3× larger
MPWR
$804.2M
$624.4M
HHH
Growing faster (revenue YoY)
MPWR
MPWR
+59.3% gap
MPWR
26.1%
-33.2%
HHH
Higher net margin
MPWR
MPWR
23.1% more per $
MPWR
24.0%
1.0%
HHH
Faster 2-yr revenue CAGR
HHH
HHH
Annualised
HHH
91.0%
25.9%
MPWR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HHH
HHH
MPWR
MPWR
Revenue
$624.4M
$804.2M
Net Profit
$6.0M
$193.2M
Gross Margin
55.3%
Operating Margin
4.2%
30.0%
Net Margin
1.0%
24.0%
Revenue YoY
-33.2%
26.1%
Net Profit YoY
-96.2%
43.1%
EPS (diluted)
$0.20
$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
HHH
HHH
MPWR
MPWR
Q1 26
$804.2M
Q4 25
$624.4M
$751.2M
Q3 25
$390.2M
$737.2M
Q2 25
$260.9M
$664.6M
Q1 25
$199.3M
$637.6M
Q4 24
$935.0M
$621.7M
Q3 24
$327.1M
$620.1M
Q2 24
$317.4M
$507.4M
Net Profit
HHH
HHH
MPWR
MPWR
Q1 26
$193.2M
Q4 25
$6.0M
$171.7M
Q3 25
$119.5M
$179.8M
Q2 25
$-12.1M
$135.0M
Q1 25
$10.5M
$135.1M
Q4 24
$156.3M
$1.3B
Q3 24
$72.8M
$144.4M
Q2 24
$21.1M
$100.4M
Gross Margin
HHH
HHH
MPWR
MPWR
Q1 26
55.3%
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%
Operating Margin
HHH
HHH
MPWR
MPWR
Q1 26
30.0%
Q4 25
4.2%
26.6%
Q3 25
48.6%
26.5%
Q2 25
26.0%
24.8%
Q1 25
24.0%
26.5%
Q4 24
33.5%
26.3%
Q3 24
60.6%
26.5%
Q2 24
20.4%
23.0%
Net Margin
HHH
HHH
MPWR
MPWR
Q1 26
24.0%
Q4 25
1.0%
22.9%
Q3 25
30.6%
24.4%
Q2 25
-4.7%
20.3%
Q1 25
5.3%
21.2%
Q4 24
16.7%
201.8%
Q3 24
22.2%
23.3%
Q2 24
6.6%
19.8%
EPS (diluted)
HHH
HHH
MPWR
MPWR
Q1 26
$3.92
Q4 25
$0.20
$3.50
Q3 25
$2.02
$3.74
Q2 25
$-0.22
$2.81
Q1 25
$0.21
$2.81
Q4 24
$3.14
$25.71
Q3 24
$1.46
$2.95
Q2 24
$0.42
$2.05

Balance Sheet & Financial Strength

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

Metric
HHH
HHH
MPWR
MPWR
Cash + ST InvestmentsLiquidity on hand
$1.5B
$1.4B
Total DebtLower is stronger
$5.1B
Stockholders' EquityBook value
$3.8B
$3.7B
Total Assets
$10.6B
$4.4B
Debt / EquityLower = less leverage
1.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HHH
HHH
MPWR
MPWR
Q1 26
$1.4B
Q4 25
$1.5B
$1.3B
Q3 25
$1.5B
$1.3B
Q2 25
$1.4B
$1.1B
Q1 25
$493.7M
$1.0B
Q4 24
$596.1M
$862.9M
Q3 24
$400.7M
$1.5B
Q2 24
$436.8M
$1.3B
Total Debt
HHH
HHH
MPWR
MPWR
Q1 26
Q4 25
$5.1B
Q3 25
Q2 25
Q1 25
Q4 24
$5.1B
Q3 24
Q2 24
Stockholders' Equity
HHH
HHH
MPWR
MPWR
Q1 26
$3.7B
Q4 25
$3.8B
$3.5B
Q3 25
$3.8B
$3.4B
Q2 25
$3.6B
$3.2B
Q1 25
$2.8B
$3.1B
Q4 24
$2.8B
$3.0B
Q3 24
$2.6B
$2.4B
Q2 24
$3.0B
$2.2B
Total Assets
HHH
HHH
MPWR
MPWR
Q1 26
$4.4B
Q4 25
$10.6B
$4.2B
Q3 25
$10.7B
$4.1B
Q2 25
$10.3B
$3.9B
Q1 25
$9.3B
$3.7B
Q4 24
$9.2B
$3.5B
Q3 24
$9.4B
$2.9B
Q2 24
$9.9B
$2.6B
Debt / Equity
HHH
HHH
MPWR
MPWR
Q1 26
Q4 25
1.35×
Q3 25
Q2 25
Q1 25
Q4 24
1.85×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
HHH
HHH
MPWR
MPWR
Operating Cash FlowLast quarter
$360.3M
Free Cash FlowOCF − Capex
$348.6M
FCF MarginFCF / Revenue
55.8%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
60.04×
TTM Free Cash FlowTrailing 4 quarters
$417.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HHH
HHH
MPWR
MPWR
Q1 26
Q4 25
$360.3M
$104.9M
Q3 25
$149.8M
$239.3M
Q2 25
$177.3M
$237.6M
Q1 25
$-224.9M
$256.4M
Q4 24
$337.1M
$167.7M
Q3 24
$248.3M
$231.7M
Q2 24
$-17.5M
$141.0M
Free Cash Flow
HHH
HHH
MPWR
MPWR
Q1 26
Q4 25
$348.6M
$63.9M
Q3 25
$137.7M
$196.8M
Q2 25
$169.7M
$189.5M
Q1 25
$-238.4M
$216.0M
Q4 24
$317.1M
$102.9M
Q3 24
$238.7M
$197.9M
Q2 24
$-25.1M
$109.5M
FCF Margin
HHH
HHH
MPWR
MPWR
Q1 26
Q4 25
55.8%
8.5%
Q3 25
35.3%
26.7%
Q2 25
65.1%
28.5%
Q1 25
-119.6%
33.9%
Q4 24
33.9%
16.5%
Q3 24
73.0%
31.9%
Q2 24
-7.9%
21.6%
Capex Intensity
HHH
HHH
MPWR
MPWR
Q1 26
Q4 25
1.9%
5.5%
Q3 25
3.1%
5.8%
Q2 25
2.9%
7.2%
Q1 25
6.8%
6.3%
Q4 24
2.1%
10.4%
Q3 24
2.9%
5.5%
Q2 24
2.4%
6.2%
Cash Conversion
HHH
HHH
MPWR
MPWR
Q1 26
Q4 25
60.04×
0.61×
Q3 25
1.25×
1.33×
Q2 25
1.76×
Q1 25
-21.35×
1.90×
Q4 24
2.16×
0.13×
Q3 24
3.41×
1.60×
Q2 24
-0.83×
1.40×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HHH
HHH

Transferred At Point In Time$499.8M80%
Operating Assets Segment$117.9M19%
Builder Price Participation$12.9M2%

MPWR
MPWR

Segment breakdown not available.

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