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Side-by-side financial comparison of Mechanics Bancorp (MCHB) 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 $458.8M, roughly 1.8× Mechanics Bancorp). Over the past eight quarters, Mechanics Bancorp's revenue compounded faster (232.1% CAGR vs 25.9%).

Mechanics Bancorp is a U.S.-headquartered bank holding company operating Mechanics Bank as its core subsidiary. It offers retail banking, commercial banking, and wealth management services including deposits, loans, and investment advisory, primarily serving consumers and small-to-medium enterprises across California.

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

MCHB vs MPWR — Head-to-Head

Bigger by revenue
MPWR
MPWR
1.8× larger
MPWR
$804.2M
$458.8M
MCHB
Faster 2-yr revenue CAGR
MCHB
MCHB
Annualised
MCHB
232.1%
25.9%
MPWR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MCHB
MCHB
MPWR
MPWR
Revenue
$458.8M
$804.2M
Net Profit
$193.2M
Gross Margin
55.3%
Operating Margin
30.0%
Net Margin
24.0%
Revenue YoY
26.1%
Net Profit YoY
43.1%
EPS (diluted)
$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
MCHB
MCHB
MPWR
MPWR
Q1 26
$804.2M
Q4 25
$458.8M
$751.2M
Q3 25
$255.4M
$737.2M
Q2 25
$49.0M
$664.6M
Q1 25
$45.4M
$637.6M
Q4 24
$29.6M
$621.7M
Q3 24
$147.9M
$620.1M
Q2 24
$42.9M
$507.4M
Net Profit
MCHB
MCHB
MPWR
MPWR
Q1 26
$193.2M
Q4 25
$171.7M
Q3 25
$55.2M
$179.8M
Q2 25
$-4.4M
$135.0M
Q1 25
$-4.5M
$135.1M
Q4 24
$-123.3M
$1.3B
Q3 24
$39.9M
$144.4M
Q2 24
$-6.2M
$100.4M
Gross Margin
MCHB
MCHB
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
MCHB
MCHB
MPWR
MPWR
Q1 26
30.0%
Q4 25
26.6%
Q3 25
17.7%
26.5%
Q2 25
-9.8%
24.8%
Q1 25
-10.5%
26.5%
Q4 24
-312.2%
26.3%
Q3 24
37.5%
26.5%
Q2 24
-18.6%
23.0%
Net Margin
MCHB
MCHB
MPWR
MPWR
Q1 26
24.0%
Q4 25
22.9%
Q3 25
21.6%
24.4%
Q2 25
-9.0%
20.3%
Q1 25
-9.8%
21.2%
Q4 24
-416.4%
201.8%
Q3 24
27.0%
23.3%
Q2 24
-14.5%
19.8%
EPS (diluted)
MCHB
MCHB
MPWR
MPWR
Q1 26
$3.92
Q4 25
$3.50
Q3 25
$0.26
$3.74
Q2 25
$-0.23
$2.81
Q1 25
$-0.24
$2.81
Q4 24
$-6.53
$25.71
Q3 24
$0.20
$2.95
Q2 24
$-0.33
$2.05

Balance Sheet & Financial Strength

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

Metric
MCHB
MCHB
MPWR
MPWR
Cash + ST InvestmentsLiquidity on hand
$1.0B
$1.4B
Total DebtLower is stronger
$192.0M
Stockholders' EquityBook value
$2.9B
$3.7B
Total Assets
$22.4B
$4.4B
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MCHB
MCHB
MPWR
MPWR
Q1 26
$1.4B
Q4 25
$1.0B
$1.3B
Q3 25
$1.4B
$1.3B
Q2 25
$201.1M
$1.1B
Q1 25
$252.2M
$1.0B
Q4 24
$999.7M
$862.9M
Q3 24
$205.9M
$1.5B
Q2 24
$218.7M
$1.3B
Total Debt
MCHB
MCHB
MPWR
MPWR
Q1 26
Q4 25
$192.0M
Q3 25
$190.1M
Q2 25
$225.3M
Q1 25
$225.2M
Q4 24
$0
Q3 24
$0
Q2 24
$224.9M
Stockholders' Equity
MCHB
MCHB
MPWR
MPWR
Q1 26
$3.7B
Q4 25
$2.9B
$3.5B
Q3 25
$2.8B
$3.4B
Q2 25
$2.4B
$3.2B
Q1 25
$400.8M
$3.1B
Q4 24
$2.3B
$3.0B
Q3 24
$2.3B
$2.4B
Q2 24
$2.2B
$2.2B
Total Assets
MCHB
MCHB
MPWR
MPWR
Q1 26
$4.4B
Q4 25
$22.4B
$4.2B
Q3 25
$22.7B
$4.1B
Q2 25
$7.6B
$3.9B
Q1 25
$7.8B
$3.7B
Q4 24
$16.5B
$3.5B
Q3 24
$9.2B
$2.9B
Q2 24
$9.3B
$2.6B
Debt / Equity
MCHB
MCHB
MPWR
MPWR
Q1 26
Q4 25
0.07×
Q3 25
0.07×
Q2 25
0.09×
Q1 25
0.56×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.10×

Cash Flow & Capital Efficiency

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

Metric
MCHB
MCHB
MPWR
MPWR
Operating Cash FlowLast quarter
$193.6M
Free Cash FlowOCF − Capex
$187.1M
FCF MarginFCF / Revenue
40.8%
Capex IntensityCapex / Revenue
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$263.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MCHB
MCHB
MPWR
MPWR
Q1 26
Q4 25
$193.6M
$104.9M
Q3 25
$112.0M
$239.3M
Q2 25
$-9.8M
$237.6M
Q1 25
$-22.5M
$256.4M
Q4 24
$292.3M
$167.7M
Q3 24
$247.0M
$231.7M
Q2 24
$-21.8M
$141.0M
Free Cash Flow
MCHB
MCHB
MPWR
MPWR
Q1 26
Q4 25
$187.1M
$63.9M
Q3 25
$109.1M
$196.8M
Q2 25
$-9.9M
$189.5M
Q1 25
$-22.6M
$216.0M
Q4 24
$285.9M
$102.9M
Q3 24
$244.5M
$197.9M
Q2 24
$-22.0M
$109.5M
FCF Margin
MCHB
MCHB
MPWR
MPWR
Q1 26
Q4 25
40.8%
8.5%
Q3 25
42.7%
26.7%
Q2 25
-20.2%
28.5%
Q1 25
-49.7%
33.9%
Q4 24
965.3%
16.5%
Q3 24
165.4%
31.9%
Q2 24
-51.3%
21.6%
Capex Intensity
MCHB
MCHB
MPWR
MPWR
Q1 26
Q4 25
1.4%
5.5%
Q3 25
1.1%
5.8%
Q2 25
0.2%
7.2%
Q1 25
0.1%
6.3%
Q4 24
21.5%
10.4%
Q3 24
1.7%
5.5%
Q2 24
0.7%
6.2%
Cash Conversion
MCHB
MCHB
MPWR
MPWR
Q1 26
Q4 25
0.61×
Q3 25
2.03×
1.33×
Q2 25
1.76×
Q1 25
1.90×
Q4 24
0.13×
Q3 24
6.18×
1.60×
Q2 24
1.40×

Financial Flow Comparison

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

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