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Side-by-side financial comparison of Magnera Corp (MAGN) and Monolithic Power Systems (MPWR). Click either name above to swap in a different company.

Magnera Corp is the larger business by last-quarter revenue ($792.0M vs $751.2M, roughly 1.1× Monolithic Power Systems). Monolithic Power Systems runs the higher net margin — 22.9% vs -4.3%, a 27.1% gap on every dollar of revenue. On growth, Monolithic Power Systems posted the faster year-over-year revenue change (20.8% vs 12.8%). Monolithic Power Systems produced more free cash flow last quarter ($63.9M vs $-13.0M). Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% CAGR vs 28.1%).

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

MAGN vs MPWR — Head-to-Head

Bigger by revenue
MAGN
MAGN
1.1× larger
MAGN
$792.0M
$751.2M
MPWR
Growing faster (revenue YoY)
MPWR
MPWR
+8.0% gap
MPWR
20.8%
12.8%
MAGN
Higher net margin
MPWR
MPWR
27.1% more per $
MPWR
22.9%
-4.3%
MAGN
More free cash flow
MPWR
MPWR
$76.9M more FCF
MPWR
$63.9M
$-13.0M
MAGN
Faster 2-yr revenue CAGR
MAGN
MAGN
Annualised
MAGN
54.9%
28.1%
MPWR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MAGN
MAGN
MPWR
MPWR
Revenue
$792.0M
$751.2M
Net Profit
$-34.0M
$171.7M
Gross Margin
12.2%
55.2%
Operating Margin
1.8%
26.6%
Net Margin
-4.3%
22.9%
Revenue YoY
12.8%
20.8%
Net Profit YoY
43.3%
-86.3%
EPS (diluted)
$-0.95
$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
MAGN
MAGN
MPWR
MPWR
Q4 25
$792.0M
$751.2M
Q3 25
$737.2M
Q2 25
$839.0M
$664.6M
Q1 25
$824.0M
$637.6M
Q4 24
$702.0M
$621.7M
Q3 24
$332.1M
$620.1M
Q2 24
$556.0M
$507.4M
Q1 24
$558.0M
$457.9M
Net Profit
MAGN
MAGN
MPWR
MPWR
Q4 25
$-34.0M
$171.7M
Q3 25
$179.8M
Q2 25
$-18.0M
$135.0M
Q1 25
$-41.0M
$135.1M
Q4 24
$-60.0M
$1.3B
Q3 24
$-15.2M
$144.4M
Q2 24
$19.0M
$100.4M
Q1 24
$14.0M
$92.5M
Gross Margin
MAGN
MAGN
MPWR
MPWR
Q4 25
12.2%
55.2%
Q3 25
55.1%
Q2 25
10.7%
55.1%
Q1 25
10.7%
55.4%
Q4 24
10.1%
55.4%
Q3 24
10.7%
55.4%
Q2 24
6.6%
55.3%
Q1 24
6.2%
55.1%
Operating Margin
MAGN
MAGN
MPWR
MPWR
Q4 25
1.8%
26.6%
Q3 25
26.5%
Q2 25
1.5%
24.8%
Q1 25
0.5%
26.5%
Q4 24
-3.1%
26.3%
Q3 24
0.9%
26.5%
Q2 24
3.1%
23.0%
Q1 24
3.8%
20.9%
Net Margin
MAGN
MAGN
MPWR
MPWR
Q4 25
-4.3%
22.9%
Q3 25
24.4%
Q2 25
-2.1%
20.3%
Q1 25
-5.0%
21.2%
Q4 24
-8.5%
201.8%
Q3 24
-4.6%
23.3%
Q2 24
3.4%
19.8%
Q1 24
2.5%
20.2%
EPS (diluted)
MAGN
MAGN
MPWR
MPWR
Q4 25
$-0.95
$3.50
Q3 25
$3.74
Q2 25
$-0.51
$2.81
Q1 25
$-1.15
$2.81
Q4 24
$-1.69
$25.71
Q3 24
$-0.33
$2.95
Q2 24
$0.60
$2.05
Q1 24
$0.44
$1.89

Balance Sheet & Financial Strength

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

Metric
MAGN
MAGN
MPWR
MPWR
Cash + ST InvestmentsLiquidity on hand
$264.0M
$1.3B
Total DebtLower is stronger
$1.9B
Stockholders' EquityBook value
$1.0B
$3.5B
Total Assets
$3.9B
$4.2B
Debt / EquityLower = less leverage
1.86×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAGN
MAGN
MPWR
MPWR
Q4 25
$264.0M
$1.3B
Q3 25
$1.3B
Q2 25
$276.0M
$1.1B
Q1 25
$282.0M
$1.0B
Q4 24
$215.0M
$862.9M
Q3 24
$230.0M
$1.5B
Q2 24
$33.9M
$1.3B
Q1 24
$30.2M
$1.3B
Total Debt
MAGN
MAGN
MPWR
MPWR
Q4 25
$1.9B
Q3 25
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.0B
Q2 24
$877.4M
Q1 24
$884.7M
Stockholders' Equity
MAGN
MAGN
MPWR
MPWR
Q4 25
$1.0B
$3.5B
Q3 25
$3.4B
Q2 25
$1.1B
$3.2B
Q1 25
$1.1B
$3.1B
Q4 24
$1.1B
$3.0B
Q3 24
$2.1B
$2.4B
Q2 24
$2.4B
$2.2B
Q1 24
$2.4B
$2.1B
Total Assets
MAGN
MAGN
MPWR
MPWR
Q4 25
$3.9B
$4.2B
Q3 25
$4.1B
Q2 25
$4.1B
$3.9B
Q1 25
$4.1B
$3.7B
Q4 24
$4.0B
$3.5B
Q3 24
$2.8B
$2.9B
Q2 24
$1.5B
$2.6B
Q1 24
$1.5B
$2.6B
Debt / Equity
MAGN
MAGN
MPWR
MPWR
Q4 25
1.86×
Q3 25
Q2 25
1.77×
Q1 25
1.83×
Q4 24
1.80×
Q3 24
0.91×
Q2 24
0.37×
Q1 24
0.36×

Cash Flow & Capital Efficiency

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

Metric
MAGN
MAGN
MPWR
MPWR
Operating Cash FlowLast quarter
$2.0M
$104.9M
Free Cash FlowOCF − Capex
$-13.0M
$63.9M
FCF MarginFCF / Revenue
-1.6%
8.5%
Capex IntensityCapex / Revenue
1.9%
5.5%
Cash ConversionOCF / Net Profit
0.61×
TTM Free Cash FlowTrailing 4 quarters
$666.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAGN
MAGN
MPWR
MPWR
Q4 25
$2.0M
$104.9M
Q3 25
$239.3M
Q2 25
$0
$237.6M
Q1 25
$65.0M
$256.4M
Q4 24
$-58.0M
$167.7M
Q3 24
$12.2M
$231.7M
Q2 24
$38.0M
$141.0M
Q1 24
$20.0M
$248.1M
Free Cash Flow
MAGN
MAGN
MPWR
MPWR
Q4 25
$-13.0M
$63.9M
Q3 25
$196.8M
Q2 25
$189.5M
Q1 25
$42.0M
$216.0M
Q4 24
$-74.0M
$102.9M
Q3 24
$3.6M
$197.9M
Q2 24
$23.0M
$109.5M
Q1 24
$12.5M
$232.1M
FCF Margin
MAGN
MAGN
MPWR
MPWR
Q4 25
-1.6%
8.5%
Q3 25
26.7%
Q2 25
28.5%
Q1 25
5.1%
33.9%
Q4 24
-10.5%
16.5%
Q3 24
1.1%
31.9%
Q2 24
4.1%
21.6%
Q1 24
2.2%
50.7%
Capex Intensity
MAGN
MAGN
MPWR
MPWR
Q4 25
1.9%
5.5%
Q3 25
5.8%
Q2 25
1.5%
7.2%
Q1 25
2.8%
6.3%
Q4 24
2.3%
10.4%
Q3 24
2.6%
5.5%
Q2 24
2.7%
6.2%
Q1 24
1.3%
3.5%
Cash Conversion
MAGN
MAGN
MPWR
MPWR
Q4 25
0.61×
Q3 25
1.33×
Q2 25
1.76×
Q1 25
1.90×
Q4 24
0.13×
Q3 24
1.60×
Q2 24
2.00×
1.40×
Q1 24
1.43×
2.68×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MAGN
MAGN

Other$451.0M57%
United States And Canada$341.0M43%

MPWR
MPWR

Segment breakdown not available.

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