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Side-by-side financial comparison of HEXCEL CORP (HXL) 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 $501.5M, roughly 1.6× HEXCEL CORP). Monolithic Power Systems runs the higher net margin — 24.0% vs 7.4%, a 16.6% gap on every dollar of revenue. On growth, Monolithic Power Systems posted the faster year-over-year revenue change (26.1% vs 9.9%). Over the past eight quarters, Monolithic Power Systems's revenue compounded faster (25.9% CAGR vs 0.1%).

Hexcel Corporation is an American public industrial materials company, based in Stamford, Connecticut. The company develops and manufactures structural materials. Hexcel was formed from the combination of California Reinforced Plastics, Ciba Composites and Hercules Composites Products Division. The company sells its products in commercial, military and recreational markets for use in commercial and military aircraft, space launch vehicles and satellites, wind turbine blades, sports equipment ...

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

HXL vs MPWR — Head-to-Head

Bigger by revenue
MPWR
MPWR
1.6× larger
MPWR
$804.2M
$501.5M
HXL
Growing faster (revenue YoY)
MPWR
MPWR
+16.3% gap
MPWR
26.1%
9.9%
HXL
Higher net margin
MPWR
MPWR
16.6% more per $
MPWR
24.0%
7.4%
HXL
Faster 2-yr revenue CAGR
MPWR
MPWR
Annualised
MPWR
25.9%
0.1%
HXL

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
HXL
HXL
MPWR
MPWR
Revenue
$501.5M
$804.2M
Net Profit
$37.2M
$193.2M
Gross Margin
26.9%
55.3%
Operating Margin
11.5%
30.0%
Net Margin
7.4%
24.0%
Revenue YoY
9.9%
26.1%
Net Profit YoY
28.7%
43.1%
EPS (diluted)
$0.49
$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
HXL
HXL
MPWR
MPWR
Q1 26
$501.5M
$804.2M
Q4 25
$491.3M
$751.2M
Q3 25
$456.2M
$737.2M
Q2 25
$489.9M
$664.6M
Q1 25
$456.5M
$637.6M
Q4 24
$473.8M
$621.7M
Q3 24
$456.5M
$620.1M
Q2 24
$500.4M
$507.4M
Net Profit
HXL
HXL
MPWR
MPWR
Q1 26
$37.2M
$193.2M
Q4 25
$46.4M
$171.7M
Q3 25
$20.6M
$179.8M
Q2 25
$13.5M
$135.0M
Q1 25
$28.9M
$135.1M
Q4 24
$5.8M
$1.3B
Q3 24
$39.8M
$144.4M
Q2 24
$50.0M
$100.4M
Gross Margin
HXL
HXL
MPWR
MPWR
Q1 26
26.9%
55.3%
Q4 25
24.6%
55.2%
Q3 25
21.9%
55.1%
Q2 25
22.8%
55.1%
Q1 25
22.4%
55.4%
Q4 24
25.0%
55.4%
Q3 24
23.3%
55.4%
Q2 24
25.3%
55.3%
Operating Margin
HXL
HXL
MPWR
MPWR
Q1 26
11.5%
30.0%
Q4 25
12.5%
26.6%
Q3 25
7.9%
26.5%
Q2 25
6.1%
24.8%
Q1 25
9.7%
26.5%
Q4 24
1.9%
26.3%
Q3 24
11.5%
26.5%
Q2 24
14.3%
23.0%
Net Margin
HXL
HXL
MPWR
MPWR
Q1 26
7.4%
24.0%
Q4 25
9.4%
22.9%
Q3 25
4.5%
24.4%
Q2 25
2.8%
20.3%
Q1 25
6.3%
21.2%
Q4 24
1.2%
201.8%
Q3 24
8.7%
23.3%
Q2 24
10.0%
19.8%
EPS (diluted)
HXL
HXL
MPWR
MPWR
Q1 26
$0.49
$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
HXL
HXL
MPWR
MPWR
Cash + ST InvestmentsLiquidity on hand
$54.1M
$1.4B
Total DebtLower is stronger
$998.1M
Stockholders' EquityBook value
$1.3B
$3.7B
Total Assets
$2.7B
$4.4B
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HXL
HXL
MPWR
MPWR
Q1 26
$54.1M
$1.4B
Q4 25
$71.0M
$1.3B
Q3 25
$90.5M
$1.3B
Q2 25
$77.2M
$1.1B
Q1 25
$89.2M
$1.0B
Q4 24
$125.4M
$862.9M
Q3 24
$98.2M
$1.5B
Q2 24
$75.4M
$1.3B
Total Debt
HXL
HXL
MPWR
MPWR
Q1 26
$998.1M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
HXL
HXL
MPWR
MPWR
Q1 26
$1.3B
$3.7B
Q4 25
$1.3B
$3.5B
Q3 25
$1.6B
$3.4B
Q2 25
$1.6B
$3.2B
Q1 25
$1.5B
$3.1B
Q4 24
$1.5B
$3.0B
Q3 24
$1.6B
$2.4B
Q2 24
$1.6B
$2.2B
Total Assets
HXL
HXL
MPWR
MPWR
Q1 26
$2.7B
$4.4B
Q4 25
$2.7B
$4.2B
Q3 25
$2.8B
$4.1B
Q2 25
$2.8B
$3.9B
Q1 25
$2.8B
$3.7B
Q4 24
$2.7B
$3.5B
Q3 24
$2.9B
$2.9B
Q2 24
$2.8B
$2.6B
Debt / Equity
HXL
HXL
MPWR
MPWR
Q1 26
0.79×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

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