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Monolithic Power Systems（MPWR）与EPLUS INC（PLUS）财务数据对比。点击上方公司名可切换其他公司
Monolithic Power Systems的季度营收约是EPLUS INC的1.3倍（$804.2M vs $614.8M），Monolithic Power Systems净利率更高（24.0% vs 5.7%，领先18.3%），Monolithic Power Systems同比增速更快（26.1% vs 20.3%），过去两年Monolithic Power Systems的营收复合增速更高（25.9% vs 2.3%）
Monolithic Power Systems（简称MPS）是一家美国上市企业，总部位于华盛顿州柯克兰市，主营高性能电源管理类产品的研发、生产与销售，目前在全球范围内设有超过15个运营站点，业务覆盖多个国家和地区。
ePlus Inc.是美国的科技咨询解决方案提供商，业务覆盖网络安全、云计算、网络架构、协作办公、人工智能及前沿技术领域，为超5000家客户提供定制化解决方案、专业咨询与托管服务，助力企业实现数字化转型与技术升级。
MPWR vs PLUS — 直观对比
营收规模更大
MPWR
是对方的1.3倍
$614.8M
营收增速更快
MPWR
高出5.8%
20.3%
净利率更高
MPWR
高出18.3%
5.7%
两年增速更快
MPWR
近两年复合增速
2.3%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $804.2M | $614.8M |
| 净利润 | $193.2M | $35.1M |
| 毛利率 | 55.3% | 25.8% |
| 营业利润率 | 30.0% | 7.1% |
| 净利率 | 24.0% | 5.7% |
| 营收同比 | 26.1% | 20.3% |
| 净利润同比 | 43.1% | 45.2% |
| 每股收益（稀释后） | $3.92 | $1.33 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收MPWRPLUS
| Q1 26 | $804.2M | — | ||
| Q4 25 | $751.2M | $614.8M | ||
| Q3 25 | $737.2M | $608.8M | ||
| Q2 25 | $664.6M | $637.3M | ||
| Q1 25 | $637.6M | — | ||
| Q4 24 | $621.7M | $493.2M | ||
| Q3 24 | $620.1M | $493.4M | ||
| Q2 24 | $507.4M | $535.7M |
净利润MPWRPLUS
| Q1 26 | $193.2M | — | ||
| Q4 25 | $171.7M | $35.1M | ||
| Q3 25 | $179.8M | $34.9M | ||
| Q2 25 | $135.0M | $37.7M | ||
| Q1 25 | $135.1M | — | ||
| Q4 24 | $1.3B | $24.1M | ||
| Q3 24 | $144.4M | $31.3M | ||
| Q2 24 | $100.4M | $27.3M |
毛利率MPWRPLUS
| Q1 26 | 55.3% | — | ||
| Q4 25 | 55.2% | 25.8% | ||
| Q3 25 | 55.1% | 26.6% | ||
| Q2 25 | 55.1% | 23.3% | ||
| Q1 25 | 55.4% | — | ||
| Q4 24 | 55.4% | 25.4% | ||
| Q3 24 | 55.4% | 25.8% | ||
| Q2 24 | 55.3% | 23.7% |
营业利润率MPWRPLUS
| Q1 26 | 30.0% | — | ||
| Q4 25 | 26.6% | 7.1% | ||
| Q3 25 | 26.5% | 8.0% | ||
| Q2 25 | 24.8% | 5.7% | ||
| Q1 25 | 26.5% | — | ||
| Q4 24 | 26.3% | 3.3% | ||
| Q3 24 | 26.5% | 5.5% | ||
| Q2 24 | 23.0% | 5.9% |
净利率MPWRPLUS
| Q1 26 | 24.0% | — | ||
| Q4 25 | 22.9% | 5.7% | ||
| Q3 25 | 24.4% | 5.7% | ||
| Q2 25 | 20.3% | 5.9% | ||
| Q1 25 | 21.2% | — | ||
| Q4 24 | 201.8% | 4.9% | ||
| Q3 24 | 23.3% | 6.3% | ||
| Q2 24 | 19.8% | 5.1% |
每股收益（稀释后）MPWRPLUS
| Q1 26 | $3.92 | — | ||
| Q4 25 | $3.50 | $1.33 | ||
| Q3 25 | $3.74 | $1.32 | ||
| Q2 25 | $2.81 | $1.43 | ||
| Q1 25 | $2.81 | — | ||
| Q4 24 | $25.71 | $0.91 | ||
| Q3 24 | $2.95 | $1.17 | ||
| Q2 24 | $2.05 | $1.02 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.4B | $326.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.7B | $1.1B |
| 总资产 | $4.4B | $1.8B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资MPWRPLUS
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.3B | $326.3M | ||
| Q3 25 | $1.3B | $402.2M | ||
| Q2 25 | $1.1B | $480.2M | ||
| Q1 25 | $1.0B | — | ||
| Q4 24 | $862.9M | $253.1M | ||
| Q3 24 | $1.5B | $187.5M | ||
| Q2 24 | $1.3B | $349.9M |
股东权益MPWRPLUS
| Q1 26 | $3.7B | — | ||
| Q4 25 | $3.5B | $1.1B | ||
| Q3 25 | $3.4B | $1.0B | ||
| Q2 25 | $3.2B | $1.0B | ||
| Q1 25 | $3.1B | — | ||
| Q4 24 | $3.0B | $962.3M | ||
| Q3 24 | $2.4B | $947.0M | ||
| Q2 24 | $2.2B | $921.9M |
总资产MPWRPLUS
| Q1 26 | $4.4B | — | ||
| Q4 25 | $4.2B | $1.8B | ||
| Q3 25 | $4.1B | $1.8B | ||
| Q2 25 | $3.9B | $1.8B | ||
| Q1 25 | $3.7B | — | ||
| Q4 24 | $3.5B | $1.8B | ||
| Q3 24 | $2.9B | $1.7B | ||
| Q2 24 | $2.6B | $1.7B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $-87.4M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | -2.49× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流MPWRPLUS
| Q1 26 | — | — | ||
| Q4 25 | $104.9M | $-87.4M | ||
| Q3 25 | $239.3M | $-34.8M | ||
| Q2 25 | $237.6M | $-99.0M | ||
| Q1 25 | $256.4M | — | ||
| Q4 24 | $167.7M | $65.7M | ||
| Q3 24 | $231.7M | $-21.6M | ||
| Q2 24 | $141.0M | $97.1M |
自由现金流MPWRPLUS
| Q1 26 | — | — | ||
| 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 | — |
自由现金流率MPWRPLUS
| Q1 26 | — | — | ||
| 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% | — |
资本支出强度MPWRPLUS
| Q1 26 | — | — | ||
| 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% | — |
现金转化率MPWRPLUS
| Q1 26 | — | — | ||
| Q4 25 | 0.61× | -2.49× | ||
| Q3 25 | 1.33× | -1.00× | ||
| Q2 25 | 1.76× | -2.63× | ||
| Q1 25 | 1.90× | — | ||
| Q4 24 | 0.13× | 2.72× | ||
| Q3 24 | 1.60× | -0.69× | ||
| Q2 24 | 1.40× | 3.55× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
MPWR
暂无分部数据
PLUS
| All Others Customer End Market | $107.0M | 17% |
| Technology Customer End Market | $89.4M | 15% |
| Health Care Customer End Market | $81.5M | 13% |
| Financial Services Customer End Market | $66.1M | 11% |
| Professional Services Reporting Unit | $64.1M | 10% |
| Security | $61.1M | 10% |
| State And Local Government And Educational Institutions | $59.9M | 10% |
| Managed Services Reporting Unit | $48.8M | 8% |
| Other Product | $21.1M | 3% |
| Collaboration | $13.4M | 2% |
