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

Monolithic Power Systems is the larger business by last-quarter revenue ($751.2M vs $704.9M, roughly 1.1× SM Energy Co). On growth, Monolithic Power Systems posted the faster year-over-year revenue change (20.8% vs -17.3%). Over the past eight quarters, Monolithic Power Systems's revenue compounded faster (28.1% CAGR vs 12.2%).

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

SM Energy Company is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado.

MPWR vs SM — Head-to-Head

Bigger by revenue
MPWR
MPWR
1.1× larger
MPWR
$751.2M
$704.9M
SM
Growing faster (revenue YoY)
MPWR
MPWR
+38.1% gap
MPWR
20.8%
-17.3%
SM
Faster 2-yr revenue CAGR
MPWR
MPWR
Annualised
MPWR
28.1%
12.2%
SM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MPWR
MPWR
SM
SM
Revenue
$751.2M
$704.9M
Net Profit
$171.7M
Gross Margin
55.2%
Operating Margin
26.6%
25.9%
Net Margin
22.9%
Revenue YoY
20.8%
-17.3%
Net Profit YoY
-86.3%
EPS (diluted)
$3.50
$0.94

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
SM
SM
Q4 25
$751.2M
$704.9M
Q3 25
$737.2M
$811.6M
Q2 25
$664.6M
$792.9M
Q1 25
$637.6M
$844.5M
Q4 24
$621.7M
$852.0M
Q3 24
$620.1M
$643.6M
Q2 24
$507.4M
$634.6M
Q1 24
$457.9M
$559.9M
Net Profit
MPWR
MPWR
SM
SM
Q4 25
$171.7M
Q3 25
$179.8M
$155.1M
Q2 25
$135.0M
$201.7M
Q1 25
$135.1M
$182.3M
Q4 24
$1.3B
Q3 24
$144.4M
$240.5M
Q2 24
$100.4M
$210.3M
Q1 24
$92.5M
$131.2M
Gross Margin
MPWR
MPWR
SM
SM
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
SM
SM
Q4 25
26.6%
25.9%
Q3 25
26.5%
30.4%
Q2 25
24.8%
37.2%
Q1 25
26.5%
32.7%
Q4 24
26.3%
33.7%
Q3 24
26.5%
51.4%
Q2 24
23.0%
44.0%
Q1 24
20.9%
31.9%
Net Margin
MPWR
MPWR
SM
SM
Q4 25
22.9%
Q3 25
24.4%
19.1%
Q2 25
20.3%
25.4%
Q1 25
21.2%
21.6%
Q4 24
201.8%
Q3 24
23.3%
37.4%
Q2 24
19.8%
33.1%
Q1 24
20.2%
23.4%
EPS (diluted)
MPWR
MPWR
SM
SM
Q4 25
$3.50
$0.94
Q3 25
$3.74
$1.35
Q2 25
$2.81
$1.76
Q1 25
$2.81
$1.59
Q4 24
$25.71
$1.63
Q3 24
$2.95
$2.09
Q2 24
$2.05
$1.82
Q1 24
$1.89
$1.13

Balance Sheet & Financial Strength

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

Metric
MPWR
MPWR
SM
SM
Cash + ST InvestmentsLiquidity on hand
$1.3B
$368.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.5B
$4.8B
Total Assets
$4.2B
$9.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPWR
MPWR
SM
SM
Q4 25
$1.3B
$368.0M
Q3 25
$1.3B
$162.3M
Q2 25
$1.1B
$101.9M
Q1 25
$1.0B
$54.0K
Q4 24
$862.9M
Q3 24
$1.5B
$1.7B
Q2 24
$1.3B
$487.9M
Q1 24
$1.3B
$506.3M
Stockholders' Equity
MPWR
MPWR
SM
SM
Q4 25
$3.5B
$4.8B
Q3 25
$3.4B
$4.7B
Q2 25
$3.2B
$4.6B
Q1 25
$3.1B
$4.4B
Q4 24
$3.0B
$4.2B
Q3 24
$2.4B
$4.1B
Q2 24
$2.2B
$3.8B
Q1 24
$2.1B
$3.7B
Total Assets
MPWR
MPWR
SM
SM
Q4 25
$4.2B
$9.3B
Q3 25
$4.1B
$9.1B
Q2 25
$3.9B
$9.0B
Q1 25
$3.7B
$8.8B
Q4 24
$3.5B
$8.6B
Q3 24
$2.9B
$8.0B
Q2 24
$2.6B
$6.7B
Q1 24
$2.6B
$6.4B

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
SM
SM
Operating Cash FlowLast quarter
$104.9M
$451.9M
Free Cash FlowOCF − Capex
$63.9M
FCF MarginFCF / Revenue
8.5%
Capex IntensityCapex / Revenue
5.5%
Cash ConversionOCF / Net Profit
0.61×
TTM Free Cash FlowTrailing 4 quarters
$666.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPWR
MPWR
SM
SM
Q4 25
$104.9M
$451.9M
Q3 25
$239.3M
$505.0M
Q2 25
$237.6M
$571.1M
Q1 25
$256.4M
$483.0M
Q4 24
$167.7M
$578.4M
Q3 24
$231.7M
$452.3M
Q2 24
$141.0M
$476.4M
Q1 24
$248.1M
$276.0M
Free Cash Flow
MPWR
MPWR
SM
SM
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
SM
SM
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
SM
SM
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
SM
SM
Q4 25
0.61×
Q3 25
1.33×
3.26×
Q2 25
1.76×
2.83×
Q1 25
1.90×
2.65×
Q4 24
0.13×
Q3 24
1.60×
1.88×
Q2 24
1.40×
2.27×
Q1 24
2.68×
2.10×

Financial Flow Comparison

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

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