vs

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

RH is the larger business by last-quarter revenue ($883.8M vs $751.2M, roughly 1.2× Monolithic Power Systems). Monolithic Power Systems runs the higher net margin — 22.9% vs 4.1%, a 18.7% gap on every dollar of revenue. On growth, Monolithic Power Systems posted the faster year-over-year revenue change (20.8% vs 8.9%). RH produced more free cash flow last quarter ($83.0M vs $63.9M). Over the past eight quarters, Monolithic Power Systems's revenue compounded faster (28.1% CAGR vs 9.4%).

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

RH is an upscale American home-furnishings company headquartered in Corte Madera, California. The company sells its merchandise through its retail stores, catalog, and online. As of August 2018, the company operated a total of 70 galleries, 18 full-line design galleries, and 3 baby-and-child galleries. The company also has 36 outlet stores in the United States and Canada.

MPWR vs RH — Head-to-Head

Bigger by revenue
RH
RH
1.2× larger
RH
$883.8M
$751.2M
MPWR
Growing faster (revenue YoY)
MPWR
MPWR
+12.0% gap
MPWR
20.8%
8.9%
RH
Higher net margin
MPWR
MPWR
18.7% more per $
MPWR
22.9%
4.1%
RH
More free cash flow
RH
RH
$19.1M more FCF
RH
$83.0M
$63.9M
MPWR
Faster 2-yr revenue CAGR
MPWR
MPWR
Annualised
MPWR
28.1%
9.4%
RH

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
MPWR
MPWR
RH
RH
Revenue
$751.2M
$883.8M
Net Profit
$171.7M
$36.3M
Gross Margin
55.2%
44.1%
Operating Margin
26.6%
12.0%
Net Margin
22.9%
4.1%
Revenue YoY
20.8%
8.9%
Net Profit YoY
-86.3%
9.3%
EPS (diluted)
$3.50
$1.83

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
RH
RH
Q4 25
$751.2M
$883.8M
Q3 25
$737.2M
$899.2M
Q2 25
$664.6M
$814.0M
Q1 25
$637.6M
$812.4M
Q4 24
$621.7M
$811.7M
Q3 24
$620.1M
$829.7M
Q2 24
$507.4M
$727.0M
Q1 24
$457.9M
$738.3M
Net Profit
MPWR
MPWR
RH
RH
Q4 25
$171.7M
$36.3M
Q3 25
$179.8M
$51.7M
Q2 25
$135.0M
$8.0M
Q1 25
$135.1M
$13.9M
Q4 24
$1.3B
$33.2M
Q3 24
$144.4M
$29.0M
Q2 24
$100.4M
$-3.6M
Q1 24
$92.5M
$11.4M
Gross Margin
MPWR
MPWR
RH
RH
Q4 25
55.2%
44.1%
Q3 25
55.1%
45.5%
Q2 25
55.1%
43.7%
Q1 25
55.4%
44.7%
Q4 24
55.4%
44.5%
Q3 24
55.4%
45.2%
Q2 24
55.3%
43.5%
Q1 24
55.1%
43.5%
Operating Margin
MPWR
MPWR
RH
RH
Q4 25
26.6%
12.0%
Q3 25
26.5%
14.3%
Q2 25
24.8%
6.9%
Q1 25
26.5%
8.7%
Q4 24
26.3%
12.5%
Q3 24
26.5%
11.6%
Q2 24
23.0%
7.5%
Q1 24
20.9%
8.7%
Net Margin
MPWR
MPWR
RH
RH
Q4 25
22.9%
4.1%
Q3 25
24.4%
5.8%
Q2 25
20.3%
1.0%
Q1 25
21.2%
1.7%
Q4 24
201.8%
4.1%
Q3 24
23.3%
3.5%
Q2 24
19.8%
-0.5%
Q1 24
20.2%
1.5%
EPS (diluted)
MPWR
MPWR
RH
RH
Q4 25
$3.50
$1.83
Q3 25
$3.74
$2.62
Q2 25
$2.81
$0.40
Q1 25
$2.81
$0.71
Q4 24
$25.71
$1.66
Q3 24
$2.95
$1.45
Q2 24
$2.05
$-0.20
Q1 24
$1.89
$0.91

Balance Sheet & Financial Strength

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

Metric
MPWR
MPWR
RH
RH
Cash + ST InvestmentsLiquidity on hand
$1.3B
$43.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.5B
$3.3M
Total Assets
$4.2B
$4.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPWR
MPWR
RH
RH
Q4 25
$1.3B
$43.1M
Q3 25
$1.3B
$34.6M
Q2 25
$1.1B
$46.1M
Q1 25
$1.0B
$30.4M
Q4 24
$862.9M
$87.0M
Q3 24
$1.5B
$78.3M
Q2 24
$1.3B
$101.8M
Q1 24
$1.3B
$123.7M
Stockholders' Equity
MPWR
MPWR
RH
RH
Q4 25
$3.5B
$3.3M
Q3 25
$3.4B
$-40.9M
Q2 25
$3.2B
$-110.8M
Q1 25
$3.1B
$-163.6M
Q4 24
$3.0B
$-183.0M
Q3 24
$2.4B
$-234.7M
Q2 24
$2.2B
$-289.9M
Q1 24
$2.1B
$-297.4M
Total Assets
MPWR
MPWR
RH
RH
Q4 25
$4.2B
$4.8B
Q3 25
$4.1B
$4.7B
Q2 25
$3.9B
$4.7B
Q1 25
$3.7B
$4.6B
Q4 24
$3.5B
$4.5B
Q3 24
$2.9B
$4.4B
Q2 24
$2.6B
$4.2B
Q1 24
$2.6B
$4.1B

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
RH
RH
Operating Cash FlowLast quarter
$104.9M
$131.9M
Free Cash FlowOCF − Capex
$63.9M
$83.0M
FCF MarginFCF / Revenue
8.5%
9.4%
Capex IntensityCapex / Revenue
5.5%
5.5%
Cash ConversionOCF / Net Profit
0.61×
3.64×
TTM Free Cash FlowTrailing 4 quarters
$666.2M
$128.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPWR
MPWR
RH
RH
Q4 25
$104.9M
$131.9M
Q3 25
$239.3M
$137.7M
Q2 25
$237.6M
$86.6M
Q1 25
$256.4M
$-18.8M
Q4 24
$167.7M
$-31.4M
Q3 24
$231.7M
$11.2M
Q2 24
$141.0M
$56.1M
Q1 24
$248.1M
$-114.0M
Free Cash Flow
MPWR
MPWR
RH
RH
Q4 25
$63.9M
$83.0M
Q3 25
$196.8M
$80.7M
Q2 25
$189.5M
$34.1M
Q1 25
$216.0M
$-69.7M
Q4 24
$102.9M
$-96.0M
Q3 24
$197.9M
$-37.9M
Q2 24
$109.5M
$-10.1M
Q1 24
$232.1M
$-251.5M
FCF Margin
MPWR
MPWR
RH
RH
Q4 25
8.5%
9.4%
Q3 25
26.7%
9.0%
Q2 25
28.5%
4.2%
Q1 25
33.9%
-8.6%
Q4 24
16.5%
-11.8%
Q3 24
31.9%
-4.6%
Q2 24
21.6%
-1.4%
Q1 24
50.7%
-34.1%
Capex Intensity
MPWR
MPWR
RH
RH
Q4 25
5.5%
5.5%
Q3 25
5.8%
6.3%
Q2 25
7.2%
6.5%
Q1 25
6.3%
6.3%
Q4 24
10.4%
8.0%
Q3 24
5.5%
5.9%
Q2 24
6.2%
9.1%
Q1 24
3.5%
18.6%
Cash Conversion
MPWR
MPWR
RH
RH
Q4 25
0.61×
3.64×
Q3 25
1.33×
2.66×
Q2 25
1.76×
10.78×
Q1 25
1.90×
-1.35×
Q4 24
0.13×
-0.95×
Q3 24
1.60×
0.39×
Q2 24
1.40×
Q1 24
2.68×
-10.01×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MPWR
MPWR

Segment breakdown not available.

RH
RH

RH Segment$835.8M95%
Waterworks Segment$48.0M5%
Gift Card And Merchandise Credit$4.5M1%

Related Comparisons