MONOLITHIC POWER SYSTEMS INC financials

MPWR CIK 0001280452

Source: EDGAR filings · raw companyfacts JSON · Built 2026-04-25T10:11:12Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Free Cash Flow 666.19M 642.29M 580.63M 187.83M 225.59M 212.19M
EBITDA 781.15M 575.79M 521.90M 563.90M 291.12M 178.07M
Working Capital 1.81B 1.27B 1.58B 1.15B 897.91M 695.03M
Net Debt -1.08B -676.02M -519.98M -286.94M
Gross Margin 55.18% 55.32% 56.07% 58.44% 56.75% 55.18%
Operating Margin 26.11% 24.44% 26.45% 29.36% 21.73% 18.81%
Net Margin 22.27% 72.13% 23.47% 24.39% 20.04% 19.47%
Return on Equity (ROE) 17.60% 53.95% 20.85% 26.23% 19.46% 17.01%
Return on Assets (ROA) 14.82% 45.28% 17.56% 21.26% 15.26% 13.60%
Current Ratio 5.9123 5.3131 7.7414 5.3554 4.9565 5.7291
Debt-to-Equity 0.0068 0.0054 0.0038 0.001
Effective Tax Rate 18.89% -177.89% 15.51% 16.62% 11.09% 2.93%
Cash Conversion Ratio 1.3487 0.4952 1.4933 0.5636 1.3222 1.6292
Accruals Ratio -0.0517 0.2286 -0.0866 0.0928 -0.0492 -0.0856
SBC % of Revenue 8.15% 9.32% 8.22% 8.97% 10.22% 10.13%
CapEx Coverage 4.8729 5.3957 11.0843 4.1921 3.3892 4.8157
Free Cash Flow Per Share $13.79 $13.15 $11.91 $3.88 $4.71 $4.51

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 70.479 18.1503 72.0069 39.0729 97.6891 104.6371
P/FCF 65.7249 44.9883 52.9831 91.038 104.7254 81.1428
FCF Yield 1.52% 2.22% 1.89% 1.10% 0.95% 1.23%
EV / EBITDA 55.1402 47.9705 57.051 29.031 77.736 91.219
P/S 15.821 12.8208 16.6359 9.2844 18.8935 19.6318
P/B 12.5012 9.5885 14.7785 9.9829 18.3438 17.1512

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue from Contract with Customer, Excluding Assessed Tax 2.79B 2.21B 1.82B 1.79B 1.21B 844.45M
Cost of Revenue 1.25B 986.23M 799.95M 745.60M 522.34M 378.50M
Gross Profit 1.54B 1.22B 1.02B 1.05B 685.46M 465.95M
Selling, General and Administrative Expense 428.84M 356.76M 275.74M 281.60M 232.41M 161.67M
Operating Expenses 811.11M 681.51M 539.38M 521.77M 423.04M 307.07M
Operating Income (Loss) 728.64M 539.36M 481.74M 526.78M 262.42M 158.88M
Income Tax Expense (Benefit) 144.73M -1.02B 78.47M 87.27M 30.20M 4.97M
Net Income (Loss) Attributable to Parent 621.48M 1.59B 427.37M 437.67M 242.02M 164.38M
Earnings Per Share, Basic $12.94 $32.76 $8.98 $9.37 $5.28 $3.67
Weighted Average Number of Shares Outstanding, Basic 48.03M 48.60M 47.61M 46.73M 45.85M 44.84M
Earnings Per Share, Diluted $12.86 $32.60 $8.76 $9.05 $5.05 $3.50
Weighted Average Number of Shares Outstanding, Diluted 48.31M 48.84M 48.77M 48.36M 47.89M 47.01M

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash and Cash Equivalents, at Carrying Value 1.10B 691.82M 527.84M 288.61M 189.26M 334.94M
Assets, Current 2.18B 1.57B 1.82B 1.41B 1.12B 842.00M
Assets 4.19B 3.52B 2.43B 2.06B 1.59B 1.21B
Liabilities, Current 369.37M 294.57M 235.03M 263.40M 226.94M 146.97M
Liabilities 662.70M 564.70M 384.41M 390.28M 341.84M 241.90M
Stockholders' Equity Attributable to Parent 3.53B 2.95B 2.05B 1.67B 1.24B 966.59M
Common Stock, Shares, Outstanding 48.71M 47.82M 48.03M 47.11M 46.26M 45.27M

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash Provided by (Used in) Operating Activities 838.20M 788.41M 638.21M 246.67M 320.01M 267.80M
Payments to Acquire Property, Plant, and Equipment 172.01M 146.12M 57.58M 58.84M 94.42M 55.61M
Net Cash Provided by (Used in) Investing Activities -157.27M 223.05M -178.73M -12.51M -378.89M -39.18M
Payments for Repurchase of Common Stock 6.60M 636.20M 3.70M 0 0
Payments of Dividends 284.80M 240.62M 185.84M 137.97M 109.36M 88.79M
Net Cash Provided by (Used in) Financing Activities -285.86M -872.23M -183.72M -128.78M -90.21M -71.56M

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

Diff any two filings with deltas and added / removed tags.

Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

Income Statement

19 concepts 3 units
Unit US$ · 13 concepts
Label Value Period
Revenue from Contract with Customer, Excluding Assessed Tax 2.79B 2025-01-01 → 2025-12-31
Cost of Revenue 1.25B 2025-01-01 → 2025-12-31
Gross Profit 1.54B 2025-01-01 → 2025-12-31
Research and Development Expense (Excluding Acquired in Process Cost) 382.26M 2025-01-01 → 2025-12-31
Goodwill, Impairment Loss 0 2025-01-01 → 2025-12-31
Selling, General and Administrative Expense 428.84M 2025-01-01 → 2025-12-31
Operating Expenses 811.11M 2025-01-01 → 2025-12-31
Operating Income (Loss) 728.64M 2025-01-01 → 2025-12-31
Other Nonoperating Income (Expense) 587.00K 2025-01-01 → 2025-12-31
Nonoperating Income (Expense) 37.58M 2025-01-01 → 2025-12-31
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 766.22M 2025-01-01 → 2025-12-31
Income Tax Expense (Benefit) 144.73M 2025-01-01 → 2025-12-31
Net Income (Loss) Attributable to Parent 621.48M 2025-01-01 → 2025-12-31
Unit shares · 3 concepts
Label Value Period
Weighted Average Number of Shares Outstanding, Basic 48.03M 2025-01-01 → 2025-12-31
Weighted Average Number of Shares Outstanding, Diluted 48.31M 2025-01-01 → 2025-12-31
Weighted Average Number Diluted Shares Outstanding Adjustment 274,000 2025-01-01 → 2025-12-31
Unit US$ / share · 3 concepts
Label Value Period
Earnings Per Share, Basic $12.94 2025-01-01 → 2025-12-31
Earnings Per Share, Diluted $12.86 2025-01-01 → 2025-12-31
Common Stock, Dividends, Per Share, Declared $6.24 2025-01-01 → 2025-12-31

Comprehensive Income

5 concepts 1 unit

Balance Sheet

40 concepts 3 units
Unit US$ · 36 concepts
Label Value Period
Cash 969.63M as of 2025-12-31
Cash and Cash Equivalents, at Carrying Value 1.10B as of 2025-12-31
Restricted Cash and Cash Equivalents, Current 0 as of 2025-12-31
Short-term Investments 157.24M as of 2025-12-31
Accounts Receivable, after Allowance for Credit Loss, Current 255.63M as of 2025-12-31
Inventory, Net 564.65M as of 2025-12-31
Prepaid Expense, Current 46.98M as of 2025-12-31
Other Assets, Current 106.98M as of 2025-12-31
Assets, Current 2.18B as of 2025-12-31
Operating Lease, Right-of-Use Asset 24.89M as of 2025-12-31
Property, Plant and Equipment, Gross 932.40M as of 2025-12-31
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 304.71M as of 2025-12-31
Property, Plant and Equipment, Net 627.69M as of 2025-12-31
Long-term Investments 49.00K as of 2025-12-31
Dividends Payable, Current 76.00M as of 2025-12-31
Goodwill 25.94M as of 2025-12-31
Intangible Assets, Net (Excluding Goodwill) 8.79M as of 2025-12-31
Other Assets, Noncurrent 165.09M as of 2025-12-31
Deferred Compensation Liability, Current and Noncurrent 107.66M as of 2025-12-31
Deferred Income Tax Assets, Net 1.18B as of 2025-12-31
Restricted Cash and Cash Equivalents, Noncurrent 219.00K as of 2025-12-31
Operating Lease, Liability 24.10M as of 2025-12-31
Assets 4.19B as of 2025-12-31
Accounts Payable, Current 138.27M as of 2025-12-31
Employee-related Liabilities, Current 85.96M as of 2025-12-31
Accrued Liabilities, Current 145.13M as of 2025-12-31
Liabilities, Current 369.37M as of 2025-12-31
Deferred Compensation Liability, Classified, Noncurrent 103.95M as of 2025-12-31
Deferred Income Tax Liabilities, Net 90.48M as of 2025-12-31
Other Liabilities, Noncurrent 127.83M as of 2025-12-31
Operating Lease, Liability, Noncurrent 19.97M as of 2025-12-31
Liabilities 662.70M as of 2025-12-31
Accumulated Other Comprehensive Income (Loss), Net of Tax -15.15M as of 2025-12-31
Retained Earnings (Accumulated Deficit) 2.61B as of 2025-12-31
Stockholders' Equity Attributable to Parent 3.53B as of 2025-12-31
Liabilities and Equity 4.19B as of 2025-12-31
Unit shares · 3 concepts
Label Value Period
Common Stock, Shares Authorized 150.00M as of 2025-12-31
Common Stock, Shares, Issued 48.71M as of 2025-12-31
Common Stock, Shares, Outstanding 48.71M as of 2025-12-31
Unit US$ / share · 1 concept
Label Value Period
Common Stock, Par or Stated Value Per Share $0.00 as of 2025-12-31

Cash Flow Statement

33 concepts 1 unit
Unit US$ · 33 concepts
Label Value Period
Accretion (Amortization) of Discounts and Premiums, Investments 4.10M 2025-01-01 → 2025-12-31
Depreciation 50.00M 2025-01-01 → 2025-12-31
Depreciation, Depletion and Amortization 52.51M 2025-01-01 → 2025-12-31
Share-based Payment Arrangement, Noncash Expense 227.49M 2025-01-01 → 2025-12-31
Operating Lease, Payments 4.83M 2025-01-01 → 2025-12-31
Payments to Acquire Short-term Investments 397.43M 2025-01-01 → 2025-12-31
Proceeds from Sale of Short-term Investments 419.58M 2025-01-01 → 2025-12-31
Deferred Income Tax Expense (Benefit) 39.69M 2025-01-01 → 2025-12-31
IncomeTaxPaidFederalAfterRefundReceived 16.16M 2025-01-01 → 2025-12-31
IncomeTaxPaidStateAndLocalAfterRefundReceived 940.00K 2025-01-01 → 2025-12-31
IncomeTaxPaidForeignAfterRefundReceived 77.96M 2025-01-01 → 2025-12-31
Income Taxes Paid, Net 95.06M 2025-01-01 → 2025-12-31
Other Noncash Income (Expense) 737.00K 2025-01-01 → 2025-12-31
Capital Expenditures Incurred but Not yet Paid 14.52M 2025-01-01 → 2025-12-31
Increase (Decrease) in Receivables 83.07M 2025-01-01 → 2025-12-31
Increase (Decrease) in Inventories 145.08M 2025-01-01 → 2025-12-31
Increase (Decrease) in Other Operating Assets -60.12M 2025-01-01 → 2025-12-31
Increase (Decrease) in Accounts Payable 41.24M 2025-01-01 → 2025-12-31
Increase (Decrease) in Employee Related Liabilities 19.83M 2025-01-01 → 2025-12-31
Increase (Decrease) in Other Accrued Liabilities 16.86M 2025-01-01 → 2025-12-31
Increase (Decrease) in Income Taxes Payable 1.99M 2025-01-01 → 2025-12-31
Net Cash Provided by (Used in) Operating Activities 838.20M 2025-01-01 → 2025-12-31
Payments to Acquire Property, Plant, and Equipment 172.01M 2025-01-01 → 2025-12-31
Payments to Acquire Equipment on Lease 2.93M 2025-01-01 → 2025-12-31
Payments to Acquire Businesses, Net of Cash Acquired 0 2025-01-01 → 2025-12-31
Net Cash Provided by (Used in) Investing Activities -157.27M 2025-01-01 → 2025-12-31
Proceeds from Stock Plans 9.22M 2025-01-01 → 2025-12-31
Payments for Repurchase of Common Stock 6.60M 2025-01-01 → 2025-12-31
Payments of Dividends 284.80M 2025-01-01 → 2025-12-31
Net Cash Provided by (Used in) Financing Activities -285.86M 2025-01-01 → 2025-12-31
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 12.51M 2025-01-01 → 2025-12-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 407.58M 2025-01-01 → 2025-12-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.10B as of 2025-12-31

Notes

96 concepts 2 units
Unit US$ · 83 concepts
Label Value Period
Current Federal Tax Expense (Benefit) 19.43M 2025-01-01 → 2025-12-31
Current State and Local Tax Expense (Benefit) 1.34M 2025-01-01 → 2025-12-31
Current Foreign Tax Expense (Benefit) 84.28M 2025-01-01 → 2025-12-31
Deferred Federal Income Tax Expense (Benefit) -314.00K 2025-01-01 → 2025-12-31
Deferred State and Local Income Tax Expense (Benefit) -212.00K 2025-01-01 → 2025-12-31
Deferred Foreign Income Tax Expense (Benefit) 40.20M 2025-01-01 → 2025-12-31
Operating Lease, Liability, Current 4.13M as of 2025-12-31
Certificates of Deposit, at Carrying Value 157.24M as of 2025-12-31
Other Accrued Liabilities, Current 46.47M as of 2025-12-31
Money Market Funds, at Carrying Value 129.67M as of 2025-12-31
Share-based Payment Arrangement, Expense 227.49M 2025-01-01 → 2025-12-31
Other Assets, Miscellaneous, Noncurrent 57.99M as of 2025-12-31
Dividends 304.65M 2025-01-01 → 2025-12-31
Deferred Compensation Plan Assets 107.10M as of 2025-12-31
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount 160.91M 2025-01-01 → 2025-12-31
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount -67.00K 2025-01-01 → 2025-12-31
Share-based Payment Arrangement, Expense, Tax Benefit 2.67M 2025-01-01 → 2025-12-31
EffectiveIncomeTaxRateReconciliationGiltiAmount 22.51M 2025-01-01 → 2025-12-31
EffectiveIncomeTaxRateReconciliationCrossBorderOtherAmount 3.54M 2025-01-01 → 2025-12-31
Effective Income Tax Rate Reconciliation, Tax Credit, Research, Amount 19.49M 2025-01-01 → 2025-12-31
Inventory, Finished Goods, Net of Reserves 236.44M as of 2025-12-31
Inventory, Work in Process, Net of Reserves 220.41M as of 2025-12-31
Inventory, Raw Materials, Net of Reserves 107.80M as of 2025-12-31
Interest Income (Expense), Nonoperating, Net 29.15M 2025-01-01 → 2025-12-31
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Share-based Payment Arrangement, Amount 39.96M 2025-01-01 → 2025-12-31
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Amount 4.06M 2025-01-01 → 2025-12-31
Accrued Income Taxes, Noncurrent 75.02M as of 2025-12-31
Dividends, Common Stock 300.12M 2025-01-01 → 2025-12-31
Common Stocks, Including Additional Paid in Capital 937.00M as of 2025-12-31
Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Amount 0 2025-01-01 → 2025-12-31
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount 0 2025-01-01 → 2025-12-31
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount 508.00K 2025-01-01 → 2025-12-31
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One 57.18M as of 2025-12-31
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five 100.06M as of 2025-12-31
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10 50.00K as of 2025-12-31
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Amortized Cost 157.29M as of 2025-12-31
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One 57.18M as of 2025-12-31
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five 100.06M as of 2025-12-31
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10 49.00K as of 2025-12-31
Standard Product Warranty Accrual 10.10M as of 2025-12-31
Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Fair Value 157.29M as of 2025-12-31
Long-Lived Assets 627.69M as of 2025-12-31
Stock Issued During Period, Value, New Issues 9.22M 2025-01-01 → 2025-12-31
Deferred Tax Assets, Tax Credit Carryforwards 1.21B as of 2025-12-31
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost 3.98M as of 2025-12-31
Operating Lease, Cost 5.21M 2025-01-01 → 2025-12-31
Short-term Lease, Cost 3.56M 2025-01-01 → 2025-12-31
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits 10.92M as of 2025-12-31
Lease, Cost 8.77M 2025-01-01 → 2025-12-31
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability 11.52M 2025-01-01 → 2025-12-31
Deferred Tax Assets, Tax Deferred Expense, Other 11.36M as of 2025-12-31
Deferred Tax Assets, Property, Plant and Equipment 3.48B as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, Year One 5.31M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, Year Two 5.08M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.73M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.96M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, Year Five 1.91M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid, after Year Five 13.44M as of 2025-12-31
Lessee, Operating Lease, Liability, to be Paid 32.43M as of 2025-12-31
Deferred Tax Assets, Gross 4.71B as of 2025-12-31
Deferred Tax Assets, Valuation Allowance 3.62B as of 2025-12-31
Deferred Tax Assets, Net of Valuation Allowance 1.10B as of 2025-12-31
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 8.32M as of 2025-12-31
Deferred Tax Liabilities, Gross 4.93M as of 2025-12-31
Deferred Tax Assets, Net 1.09B as of 2025-12-31
Assets, Fair Value Disclosure 362.45M as of 2025-12-31
Deferred Tax Liabilities, Undistributed Foreign Earnings 781.00K as of 2025-12-31
Deferred Tax Liabilities, Other 4.15M as of 2025-12-31
Purchase Obligation, to be Paid, Year One 389.77M as of 2025-12-31
Purchase Obligation, to be Paid, Year Two 51.44M as of 2025-12-31
Purchase Obligation, to be Paid, Year Three 486.00K as of 2025-12-31
Purchase Obligation, to be Paid, Year Four 486.00K as of 2025-12-31
Purchase Obligation 442.17M as of 2025-12-31
Unrecognized Tax Benefits 81.06M as of 2025-12-31
Unrecognized Tax Benefits, Decrease Resulting from Prior Period Tax Positions 1.37M 2025-01-01 → 2025-12-31
Unrecognized Tax Benefits, Increase Resulting from Current Period Tax Positions 17.41M 2025-01-01 → 2025-12-31
Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations 9.36M 2025-01-01 → 2025-12-31
Unrecognized Tax Benefits, Interest on Income Taxes Accrued 8.20M as of 2025-12-31
Unrecognized Tax Benefits that Would Impact Effective Tax Rate 66.90M as of 2025-12-31
Income (Loss) from Continuing Operations before Income Taxes, Domestic -118.48M 2025-01-01 → 2025-12-31
Income (Loss) from Continuing Operations before Income Taxes, Foreign 884.70M 2025-01-01 → 2025-12-31
Other Receivables, Net, Current 60.00M as of 2025-12-31
APIC, Share-based Payment Arrangement, Increase for Cost Recognition 227.44M 2025-01-01 → 2025-12-31

Other

2 concepts 2 units
Unit US$ · 1 concept
Label Value Period
Stock Repurchased and Retired During Period, Value 6.48M 2025-01-01 → 2025-12-31
Unit shares · 1 concept
Label Value Period
Stock Repurchased and Retired During Period, Shares 8,000 2025-01-01 → 2025-12-31

Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (MPWR CIK 0001280452), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.