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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
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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% |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 | — |
| 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 |
| 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 |
| 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 | ||
|---|---|---|
| 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.
| 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 |
| 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 |
| 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% |
| 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% |
| 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
| Other | $451.0M | 57% |
| United States And Canada | $341.0M | 43% |
MPWR
Segment breakdown not available.