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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
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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% |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| Q1 26 | — | — | ||
| Q4 25 | $5.1B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| 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 |
| 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 |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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
| Transferred At Point In Time | $499.8M | 80% |
| Operating Assets Segment | $117.9M | 19% |
| Builder Price Participation | $12.9M | 2% |
MPWR
Segment breakdown not available.