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Side-by-side financial comparison of Monolithic Power Systems (MPWR) and WATSCO INC (WSO). Click either name above to swap in a different company.
WATSCO INC is the larger business by last-quarter revenue ($1.5B vs $804.2M, roughly 1.9× Monolithic Power Systems). Monolithic Power Systems runs the higher net margin — 24.0% vs 6.1%, a 18.0% gap on every dollar of revenue. On growth, Monolithic Power Systems posted the faster year-over-year revenue change (26.1% vs 0.1%). Over the past eight quarters, Monolithic Power Systems's revenue compounded faster (25.9% CAGR vs -15.3%).
Monolithic Power Systems, Inc. is an American, publicly traded company headquartered in Kirkland, Washington. It operates in more than 15 locations worldwide.
Watsco, Inc. is a distributor of air conditioning, heating and refrigeration equipment, and related parts and supplies (HVAC/R) in the United States. Watsco was founded more than 60 years ago as a manufacturer of parts, components, and tools used in the HVAC/R industry. In 1989, the company shifted from manufacturing to distribution, by acquiring Gemaire Distributors Inc., a South Florida-based Rheem distributor.
MPWR vs WSO — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $804.2M | $1.5B |
| Net Profit | $193.2M | $92.9M |
| Gross Margin | 55.3% | 27.9% |
| Operating Margin | 30.0% | 7.2% |
| Net Margin | 24.0% | 6.1% |
| Revenue YoY | 26.1% | 0.1% |
| Net Profit YoY | 43.1% | -1.7% |
| 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.
| Q1 26 | $804.2M | $1.5B | ||
| Q4 25 | $751.2M | $1.6B | ||
| Q3 25 | $737.2M | $2.1B | ||
| Q2 25 | $664.6M | $2.1B | ||
| Q1 25 | $637.6M | $1.5B | ||
| Q4 24 | $621.7M | $1.8B | ||
| Q3 24 | $620.1M | $2.2B | ||
| Q2 24 | $507.4M | $2.1B |
| Q1 26 | $193.2M | $92.9M | ||
| Q4 25 | $171.7M | $71.7M | ||
| Q3 25 | $179.8M | $161.6M | ||
| Q2 25 | $135.0M | $183.6M | ||
| Q1 25 | $135.1M | $80.1M | ||
| Q4 24 | $1.3B | $96.8M | ||
| Q3 24 | $144.4M | $171.0M | ||
| Q2 24 | $100.4M | $181.4M |
| Q1 26 | 55.3% | 27.9% | ||
| Q4 25 | 55.2% | 27.1% | ||
| Q3 25 | 55.1% | 27.5% | ||
| Q2 25 | 55.1% | 29.3% | ||
| Q1 25 | 55.4% | 28.1% | ||
| Q4 24 | 55.4% | 26.7% | ||
| Q3 24 | 55.4% | 26.2% | ||
| Q2 24 | 55.3% | 27.1% |
| Q1 26 | 30.0% | 7.2% | ||
| Q4 25 | 26.6% | 6.4% | ||
| Q3 25 | 26.5% | 11.4% | ||
| Q2 25 | 24.8% | 13.2% | ||
| Q1 25 | 26.5% | 7.3% | ||
| Q4 24 | 26.3% | 7.8% | ||
| Q3 24 | 26.5% | 11.6% | ||
| Q2 24 | 23.0% | 12.6% |
| Q1 26 | 24.0% | 6.1% | ||
| Q4 25 | 22.9% | 4.5% | ||
| Q3 25 | 24.4% | 7.8% | ||
| Q2 25 | 20.3% | 8.9% | ||
| Q1 25 | 21.2% | 5.2% | ||
| Q4 24 | 201.8% | 5.5% | ||
| Q3 24 | 23.3% | 7.9% | ||
| Q2 24 | 19.8% | 8.5% |
| Q1 26 | $3.92 | — | ||
| Q4 25 | $3.50 | $1.82 | ||
| Q3 25 | $3.74 | $3.98 | ||
| Q2 25 | $2.81 | $4.52 | ||
| Q1 25 | $2.81 | $1.93 | ||
| Q4 24 | $25.71 | $2.42 | ||
| Q3 24 | $2.95 | $4.22 | ||
| Q2 24 | $2.05 | $4.49 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.4B | $392.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.7B | $3.2B |
| Total Assets | $4.4B | $4.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.4B | $392.7M | ||
| Q4 25 | $1.3B | $733.3M | ||
| Q3 25 | $1.3B | $524.3M | ||
| Q2 25 | $1.1B | $293.0M | ||
| Q1 25 | $1.0B | $431.8M | ||
| Q4 24 | $862.9M | $781.9M | ||
| Q3 24 | $1.5B | $550.0M | ||
| Q2 24 | $1.3B | $424.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $361.6M | ||
| Q3 25 | — | $340.8M | ||
| Q2 25 | — | $338.7M | ||
| Q1 25 | — | $346.4M | ||
| Q4 24 | — | $337.2M | ||
| Q3 24 | — | $321.0M | ||
| Q2 24 | — | $307.1M |
| Q1 26 | $3.7B | $3.2B | ||
| Q4 25 | $3.5B | $2.8B | ||
| Q3 25 | $3.4B | $2.8B | ||
| Q2 25 | $3.2B | $2.8B | ||
| Q1 25 | $3.1B | $2.7B | ||
| Q4 24 | $3.0B | $2.7B | ||
| Q3 24 | $2.4B | $2.7B | ||
| Q2 24 | $2.2B | $2.6B |
| Q1 26 | $4.4B | $4.6B | ||
| Q4 25 | $4.2B | $4.4B | ||
| Q3 25 | $4.1B | $4.6B | ||
| Q2 25 | $3.9B | $4.7B | ||
| Q1 25 | $3.7B | $4.5B | ||
| Q4 24 | $3.5B | $4.5B | ||
| Q3 24 | $2.9B | $4.5B | ||
| Q2 24 | $2.6B | $4.4B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.13× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.12× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | — | 0.12× | ||
| Q2 24 | — | 0.12× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
