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Side-by-side financial comparison of Monolithic Power Systems (MPWR) and Qfin Holdings, Inc. (QFIN). Click either name above to swap in a different company.

Monolithic Power Systems is the larger business by last-quarter revenue ($751.2M vs $731.2M, roughly 1.0× Qfin Holdings, Inc.). Qfin Holdings, Inc. runs the higher net margin — 27.5% vs 22.9%, a 4.7% gap on every dollar of revenue. Over the past eight quarters, Monolithic Power Systems's revenue compounded faster (28.1% CAGR vs 16.4%).

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

Qfin Holdings Inc. is a leading China-based fintech enterprise that mainly provides intelligent credit solutions, risk management technology support, and digital financial service tools. It collaborates with licensed financial institutions to serve individual consumers and micro, small and medium-sized enterprises across China, using big data and artificial intelligence to boost financial inclusion and operational efficiency.

MPWR vs QFIN — Head-to-Head

Bigger by revenue
MPWR
MPWR
1.0× larger
MPWR
$751.2M
$731.2M
QFIN
Higher net margin
QFIN
QFIN
4.7% more per $
QFIN
27.5%
22.9%
MPWR
Faster 2-yr revenue CAGR
MPWR
MPWR
Annualised
MPWR
28.1%
16.4%
QFIN

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
MPWR
MPWR
QFIN
QFIN
Revenue
$751.2M
$731.2M
Net Profit
$171.7M
$201.2M
Gross Margin
55.2%
Operating Margin
26.6%
32.7%
Net Margin
22.9%
27.5%
Revenue YoY
20.8%
Net Profit YoY
-86.3%
EPS (diluted)
$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
MPWR
MPWR
QFIN
QFIN
Q4 25
$751.2M
Q3 25
$737.2M
$731.2M
Q2 25
$664.6M
$728.1M
Q1 25
$637.6M
$646.4M
Q4 24
$621.7M
Q3 24
$620.1M
$622.7M
Q2 24
$507.4M
$572.4M
Q1 24
$457.9M
$575.2M
Net Profit
MPWR
MPWR
QFIN
QFIN
Q4 25
$171.7M
Q3 25
$179.8M
$201.2M
Q2 25
$135.0M
$241.6M
Q1 25
$135.1M
$247.6M
Q4 24
$1.3B
Q3 24
$144.4M
$256.3M
Q2 24
$100.4M
$189.4M
Q1 24
$92.5M
$160.7M
Gross Margin
MPWR
MPWR
QFIN
QFIN
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%
Q1 24
55.1%
Operating Margin
MPWR
MPWR
QFIN
QFIN
Q4 25
26.6%
Q3 25
26.5%
32.7%
Q2 25
24.8%
41.0%
Q1 25
26.5%
42.1%
Q4 24
26.3%
Q3 24
26.5%
52.4%
Q2 24
23.0%
47.7%
Q1 24
20.9%
32.8%
Net Margin
MPWR
MPWR
QFIN
QFIN
Q4 25
22.9%
Q3 25
24.4%
27.5%
Q2 25
20.3%
33.2%
Q1 25
21.2%
38.3%
Q4 24
201.8%
Q3 24
23.3%
41.2%
Q2 24
19.8%
33.1%
Q1 24
20.2%
27.9%
EPS (diluted)
MPWR
MPWR
QFIN
QFIN
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
Q1 24
$1.89

Balance Sheet & Financial Strength

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

Metric
MPWR
MPWR
QFIN
QFIN
Cash + ST InvestmentsLiquidity on hand
$1.3B
$6.5B
Total DebtLower is stronger
Stockholders' EquityBook value
$3.5B
$24.3B
Total Assets
$4.2B
$61.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPWR
MPWR
QFIN
QFIN
Q4 25
$1.3B
Q3 25
$1.3B
$6.5B
Q2 25
$1.1B
$5.3B
Q1 25
$1.0B
$8.6B
Q4 24
$862.9M
Q3 24
$1.5B
$4.3B
Q2 24
$1.3B
$6.3B
Q1 24
$1.3B
$5.3B
Stockholders' Equity
MPWR
MPWR
QFIN
QFIN
Q4 25
$3.5B
Q3 25
$3.4B
$24.3B
Q2 25
$3.2B
$24.1B
Q1 25
$3.1B
$23.1B
Q4 24
$3.0B
Q3 24
$2.4B
$22.9B
Q2 24
$2.2B
$22.6B
Q1 24
$2.1B
$22.1B
Total Assets
MPWR
MPWR
QFIN
QFIN
Q4 25
$4.2B
Q3 25
$4.1B
$61.4B
Q2 25
$3.9B
$59.8B
Q1 25
$3.7B
$55.6B
Q4 24
$3.5B
Q3 24
$2.9B
$47.0B
Q2 24
$2.6B
$47.0B
Q1 24
$2.6B
$47.4B

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
QFIN
QFIN
Operating Cash FlowLast quarter
$104.9M
$351.4M
Free Cash FlowOCF − Capex
$63.9M
FCF MarginFCF / Revenue
8.5%
Capex IntensityCapex / Revenue
5.5%
Cash ConversionOCF / Net Profit
0.61×
1.75×
TTM Free Cash FlowTrailing 4 quarters
$666.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPWR
MPWR
QFIN
QFIN
Q4 25
$104.9M
Q3 25
$239.3M
$351.4M
Q2 25
$237.6M
$366.0M
Q1 25
$256.4M
$386.6M
Q4 24
$167.7M
Q3 24
$231.7M
$338.0M
Q2 24
$141.0M
$269.9M
Q1 24
$248.1M
$271.2M
Free Cash Flow
MPWR
MPWR
QFIN
QFIN
Q4 25
$63.9M
Q3 25
$196.8M
Q2 25
$189.5M
Q1 25
$216.0M
Q4 24
$102.9M
Q3 24
$197.9M
Q2 24
$109.5M
Q1 24
$232.1M
FCF Margin
MPWR
MPWR
QFIN
QFIN
Q4 25
8.5%
Q3 25
26.7%
Q2 25
28.5%
Q1 25
33.9%
Q4 24
16.5%
Q3 24
31.9%
Q2 24
21.6%
Q1 24
50.7%
Capex Intensity
MPWR
MPWR
QFIN
QFIN
Q4 25
5.5%
Q3 25
5.8%
Q2 25
7.2%
Q1 25
6.3%
Q4 24
10.4%
Q3 24
5.5%
Q2 24
6.2%
Q1 24
3.5%
Cash Conversion
MPWR
MPWR
QFIN
QFIN
Q4 25
0.61×
Q3 25
1.33×
1.75×
Q2 25
1.76×
1.52×
Q1 25
1.90×
1.56×
Q4 24
0.13×
Q3 24
1.60×
1.32×
Q2 24
1.40×
1.43×
Q1 24
2.68×
1.69×

Financial Flow Comparison

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

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