Monolithic Power Systems Financial Statements
NASDAQ: MPWRTechnologySemiconductorsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Monolithic Power Systems revenue and earnings
In fiscal 2025, Monolithic Power Systems generated $2.79 billion in revenue, up 26.4% from fiscal 2024, its 14th consecutive year of revenue growth. Net income was $621.5 million (-61.0% year over year), for a net margin of 22.3% versus a median of 23.5% in the prior 5 years. Gross margin was 55.2% (down from 55.3%) and operating margin 26.1%.
Diluted earnings per share came in at $12.86, down from $32.60. Over the last 5 fiscal years, MPWR's revenue has grown at a 27.0% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Monolithic Power Systems income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.79B | 2.21B | 1.82B | 1.79B | 1.21B | 844.45M | 627.92M | 582.38M | 470.93M | 388.67M |
| Revenue growth (YoY) | +26.43% | +21.20% | +1.50% | +48.55% | +43.03% | +34.48% | +7.82% | +23.67% | +21.17% | +16.69% |
| Cost of Revenue | 1.25B | 986.23M | 799.95M | 745.60M | 522.34M | 378.50M | 281.60M | 259.71M | 212.65M | 177.79M |
| Gross Profit | 1.54B | 1.22B | 1.02B | 1.05B | 685.46M | 465.95M | 346.32M | 322.67M | 258.28M | 210.87M |
| Operating Expenses | 811.11M | 681.51M | 539.38M | 521.77M | 423.04M | 307.07M | 243.76M | 209.18M | 180.86M | 156.43M |
| Research & Development | 382.26M | 324.75M | 263.64M | 240.17M | 190.63M | 137.60M | 107.76M | 93.45M | 82.36M | 73.64M |
| Selling, General & Admin | 428.84M | 356.76M | 275.74M | 281.60M | 232.41M | 161.67M | 133.54M | 113.80M | 97.26M | 83.01M |
| Operating Income | 728.64M | 539.36M | 481.74M | 526.78M | 262.42M | 158.88M | 102.56M | 113.49M | 77.42M | 54.45M |
| Other Income (Expense) | 37.58M | 33.55M | 24.11M | -1.85M | 9.80M | 10.46M | 10.56M | 4.99M | 5.52M | 2.82M |
| Pretax Income | 766.22M | 572.91M | 505.84M | 524.94M | 272.22M | 169.34M | 113.12M | 118.48M | 82.94M | 57.26M |
| Income Tax | 144.73M | -1.02B | 78.47M | 87.27M | 30.20M | 4.97M | 4.28M | 13.21M | 17.74M | 4.54M |
| Net Income | 621.48M | 1.59B | 427.37M | 437.67M | 242.02M | 164.38M | 108.84M | 105.27M | 65.20M | 52.72M |
| Net Income growth (YoY) | -60.96% | +272.52% | -2.35% | +80.84% | +47.24% | +51.03% | +3.39% | +61.45% | +23.68% | +49.89% |
| EPS (Basic) | 12.94 | 32.76 | 8.98 | 9.37 | 5.28 | 3.67 | 2.52 | 2.49 | 1.58 | 1.30 |
| EPS (Diluted) | 12.86 | 32.60 | 8.76 | 9.05 | 5.05 | 3.50 | 2.38 | 2.36 | 1.50 | 1.26 |
| Shares Outstanding (Basic) | 48.03M | 48.60M | 47.61M | 46.73M | 45.85M | 44.84M | 43.16M | 42.25M | 41.35M | 40.44M |
| Shares Outstanding (Diluted) | 48.31M | 48.84M | 48.77M | 48.36M | 47.89M | 47.01M | 45.76M | 44.60M | 43.58M | 41.91M |
| EBITDA | 781.15M | 575.79M | 521.90M | 563.90M | 291.12M | 178.07M | 117.43M | 125.80M | 93.53M | 69.12M |
| Gross Margin | 55.18% | 55.32% | 56.07% | 58.44% | 56.75% | 55.18% | 55.15% | 55.40% | 54.85% | 54.26% |
| Operating Margin | 26.11% | 24.44% | 26.45% | 29.36% | 21.73% | 18.81% | 16.33% | 19.49% | 16.44% | 14.01% |
| Net Margin | 22.27% | 72.13% | 23.47% | 24.39% | 20.04% | 19.47% | 17.33% | 18.08% | 13.85% | 13.56% |
This table shows 10 annual periods of Monolithic Power Systems's income statement, from FY 2025 back to FY 2016, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow MPWR's reporting calendar. What is a income statement?