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

PRICESMART INC is the larger business by last-quarter revenue ($1.4B vs $804.2M, roughly 1.7× Monolithic Power Systems). Monolithic Power Systems runs the higher net margin — 24.0% vs 2.9%, a 21.1% 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 3.5%).

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

PriceSmart, Inc. is a United States based operator of membership warehouse clubs in Central America, the Caribbean, and South America. PriceSmart was founded by Sol and Robert Price, founders of Price Club; Robert Price is chairman of the board.

MPWR vs PSMT — Head-to-Head

Bigger by revenue
PSMT
PSMT
1.7× larger
PSMT
$1.4B
$804.2M
MPWR
Growing faster (revenue YoY)
MPWR
MPWR
+16.2% gap
MPWR
26.1%
9.9%
PSMT
Higher net margin
MPWR
MPWR
21.1% more per $
MPWR
24.0%
2.9%
PSMT
Faster 2-yr revenue CAGR
MPWR
MPWR
Annualised
MPWR
25.9%
3.5%
PSMT

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
MPWR
MPWR
PSMT
PSMT
Revenue
$804.2M
$1.4B
Net Profit
$193.2M
$40.2M
Gross Margin
55.3%
17.7%
Operating Margin
30.0%
4.6%
Net Margin
24.0%
2.9%
Revenue YoY
26.1%
9.9%
Net Profit YoY
43.1%
7.3%
EPS (diluted)
$3.92
$1.29

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
MPWR
MPWR
PSMT
PSMT
Q1 26
$804.2M
Q4 25
$751.2M
$1.4B
Q3 25
$737.2M
$1.3B
Q2 25
$664.6M
$1.3B
Q1 25
$637.6M
$1.4B
Q4 24
$621.7M
$1.3B
Q3 24
$620.1M
$1.2B
Q2 24
$507.4M
$1.2B
Net Profit
MPWR
MPWR
PSMT
PSMT
Q1 26
$193.2M
Q4 25
$171.7M
$40.2M
Q3 25
$179.8M
$31.5M
Q2 25
$135.0M
$35.2M
Q1 25
$135.1M
$43.8M
Q4 24
$1.3B
$37.4M
Q3 24
$144.4M
$29.1M
Q2 24
$100.4M
$32.5M
Gross Margin
MPWR
MPWR
PSMT
PSMT
Q1 26
55.3%
Q4 25
55.2%
17.7%
Q3 25
55.1%
Q2 25
55.1%
Q1 25
55.4%
17.1%
Q4 24
55.4%
17.4%
Q3 24
55.4%
Q2 24
55.3%
Operating Margin
MPWR
MPWR
PSMT
PSMT
Q1 26
30.0%
Q4 25
26.6%
4.6%
Q3 25
26.5%
4.0%
Q2 25
24.8%
4.3%
Q1 25
26.5%
4.8%
Q4 24
26.3%
4.6%
Q3 24
26.5%
4.0%
Q2 24
23.0%
4.1%
Net Margin
MPWR
MPWR
PSMT
PSMT
Q1 26
24.0%
Q4 25
22.9%
2.9%
Q3 25
24.4%
2.4%
Q2 25
20.3%
2.7%
Q1 25
21.2%
3.2%
Q4 24
201.8%
3.0%
Q3 24
23.3%
2.4%
Q2 24
19.8%
2.6%
EPS (diluted)
MPWR
MPWR
PSMT
PSMT
Q1 26
$3.92
Q4 25
$3.50
$1.29
Q3 25
$3.74
$1.02
Q2 25
$2.81
$1.14
Q1 25
$2.81
$1.45
Q4 24
$25.71
$1.21
Q3 24
$2.95
$0.94
Q2 24
$2.05
$1.08

Balance Sheet & Financial Strength

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

Metric
MPWR
MPWR
PSMT
PSMT
Cash + ST InvestmentsLiquidity on hand
$1.4B
$320.6M
Total DebtLower is stronger
$180.3M
Stockholders' EquityBook value
$3.7B
$1.3B
Total Assets
$4.4B
$2.4B
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPWR
MPWR
PSMT
PSMT
Q1 26
$1.4B
Q4 25
$1.3B
$320.6M
Q3 25
$1.3B
$314.2M
Q2 25
$1.1B
$262.4M
Q1 25
$1.0B
$247.3M
Q4 24
$862.9M
$222.2M
Q3 24
$1.5B
$225.5M
Q2 24
$1.3B
$228.2M
Total Debt
MPWR
MPWR
PSMT
PSMT
Q1 26
Q4 25
$180.3M
Q3 25
$186.6M
Q2 25
$103.1M
Q1 25
$107.1M
Q4 24
$115.6M
Q3 24
$130.4M
Q2 24
$135.1M
Stockholders' Equity
MPWR
MPWR
PSMT
PSMT
Q1 26
$3.7B
Q4 25
$3.5B
$1.3B
Q3 25
$3.4B
$1.2B
Q2 25
$3.2B
$1.2B
Q1 25
$3.1B
$1.2B
Q4 24
$3.0B
$1.2B
Q3 24
$2.4B
$1.1B
Q2 24
$2.2B
$1.1B
Total Assets
MPWR
MPWR
PSMT
PSMT
Q1 26
$4.4B
Q4 25
$4.2B
$2.4B
Q3 25
$4.1B
$2.3B
Q2 25
$3.9B
$2.1B
Q1 25
$3.7B
$2.1B
Q4 24
$3.5B
$2.1B
Q3 24
$2.9B
$2.0B
Q2 24
$2.6B
$2.0B
Debt / Equity
MPWR
MPWR
PSMT
PSMT
Q1 26
Q4 25
0.14×
Q3 25
0.15×
Q2 25
0.08×
Q1 25
0.09×
Q4 24
0.10×
Q3 24
0.12×
Q2 24
0.12×

Cash Flow & Capital Efficiency

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

Metric
MPWR
MPWR
PSMT
PSMT
Operating Cash FlowLast quarter
$71.2M
Free Cash FlowOCF − Capex
$32.6M
FCF MarginFCF / Revenue
2.4%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
1.77×
TTM Free Cash FlowTrailing 4 quarters
$125.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPWR
MPWR
PSMT
PSMT
Q1 26
Q4 25
$104.9M
$71.2M
Q3 25
$239.3M
$82.1M
Q2 25
$237.6M
$52.8M
Q1 25
$256.4M
$87.9M
Q4 24
$167.7M
$38.5M
Q3 24
$231.7M
$41.8M
Q2 24
$141.0M
$38.1M
Free Cash Flow
MPWR
MPWR
PSMT
PSMT
Q1 26
Q4 25
$63.9M
$32.6M
Q3 25
$196.8M
$25.6M
Q2 25
$189.5M
$14.0M
Q1 25
$216.0M
$53.2M
Q4 24
$102.9M
$10.3M
Q3 24
$197.9M
$15.2M
Q2 24
$109.5M
$-308.0K
FCF Margin
MPWR
MPWR
PSMT
PSMT
Q1 26
Q4 25
8.5%
2.4%
Q3 25
26.7%
1.9%
Q2 25
28.5%
1.1%
Q1 25
33.9%
3.9%
Q4 24
16.5%
0.8%
Q3 24
31.9%
1.2%
Q2 24
21.6%
-0.0%
Capex Intensity
MPWR
MPWR
PSMT
PSMT
Q1 26
Q4 25
5.5%
2.8%
Q3 25
5.8%
4.2%
Q2 25
7.2%
2.9%
Q1 25
6.3%
2.5%
Q4 24
10.4%
2.2%
Q3 24
5.5%
2.2%
Q2 24
6.2%
3.1%
Cash Conversion
MPWR
MPWR
PSMT
PSMT
Q1 26
Q4 25
0.61×
1.77×
Q3 25
1.33×
2.60×
Q2 25
1.76×
1.50×
Q1 25
1.90×
2.01×
Q4 24
0.13×
1.03×
Q3 24
1.60×
1.44×
Q2 24
1.40×
1.17×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MPWR
MPWR

Segment breakdown not available.

PSMT
PSMT

Fresh Foods$454.9M33%
Caribbean Operations Segment$396.5M29%
Colombia Operations Segment$204.1M15%
Hardlines$162.6M12%
Softlines$99.8M7%
ship Income Member$24.5M2%
Health Services$14.5M1%
Other Revenue And Income$4.2M0%
United States Operations Segment$510.0K0%
Export Sales$359.0K0%

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