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Nasdaq · Technology

MONOLITHIC POWER SYSTEMS, INC. (MPWR)

As-reported financials and recent SEC filings for MONOLITHIC POWER SYSTEMS, INC., latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About MONOLITHIC POWER SYSTEMS, INC.

Monolithic Power Systems Inc designs and manufactures power semiconductor solutions. The company provides integrated circuits for power management used in various electronic devices. It serves customers in industries such as computing, communications, automotive, and industrial equipment.

Snapshot

Revenue
$2.79B
Revenue growth (YoY)
26.4%
Net income
$621.5M
Diluted EPS
$12.86
Gross margin
55.2%
Operating margin
26.1%
Net margin
22.3%
FCF margin
23.9%
ROE
17.6%
P/E (TTM)
95.6×
Market cap
$65.79B
Debt / equity

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at Monolithic Power Systems

  • Revenue grew 26.4% to $2.8B in FY2025, faster than the 21.2% the year before.
  • Operating margin is 26.1% in FY2025, +4.4 pp against 21.7% in FY2021.
  • Most recent quarter Q1 FY2026: revenue $804M, up 26.1% from Q1 FY2025.
  • Free cash flow was $666M in FY2025, 23.9% of revenue.
  • Net income fell 61.0% to $621M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Monolithic Power Systems’s fundamentals sit among the 88 semiconductor companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin55.2%
75th percentile of 78
Operating margin26.1%
87th percentile of 79
Net margin22.3%
85th percentile of 80
FCF margin23.9%
87th percentile of 78
Revenue growth (YoY)+26.4%
71st percentile of 88
ROE17.6%
82nd percentile of 74
P/E (TTM)95.6×
66th percentile of 45
Short interest2.67d
49th percentile of 88

Monolithic Power Systems’s operating margin of 26.1% ranks in the 87th percentile of the 79 semiconductor companies reporting it. Monolithic Power Systems’s FCF margin of 23.9% ranks in the 87th percentile of the 78 semiconductor companies reporting it. Monolithic Power Systems’s net margin of 22.3% ranks in the 85th percentile of the 80 semiconductor companies reporting it.

No open-market insider buys in the last 90 days; 65 insider sales totaling $192.3M. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 4 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
2
+4 quant / multi-strat
Initiated / added
4
1 new, 3 added
Reduced / exited
3
2 trimmed, 1 exited
Combined position
$107.1M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ1 2026$40.2M38.4KReduced
Gotham Asset ManagementQ1 2026$24.6M22.5KAdded
Citadel AdvisorsquantQ1 2026$14.8M13.5KAdded
Two Sigma InvestmentsquantQ1 2026$13.1M12.0KNew
Bridgewater AssociatesQ1 2026$13.1M11.9KAdded
D. E. ShawquantQ1 2026$1.3M1.2KReduced

No longer held by: Millennium Management (as of Q1 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
open-market
Bought (90d)
open-market value
Sells (90d)
65
$192.3M
Signal
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-07-15
filed 2026-07-17
Sciammas MauriceEVP, WW Sales & MarketingSell5.6K$1352.95$7.6M
2026-07-15
filed 2026-07-17
Sciammas MauriceEVP, WW Sales & MarketingSell1.9K$1344.16$2.5M
2026-07-15
filed 2026-07-17
Sciammas MauriceEVP, WW Sales & MarketingSell1.5K$1348.91$2.0M
2026-07-15
filed 2026-07-17
Sciammas MauriceEVP, WW Sales & MarketingSell1.5K$1339.59$2.0M
2026-07-15
filed 2026-07-17
Sciammas MauriceEVP, WW Sales & MarketingSell776$1334.59$1.0M
2026-07-15
filed 2026-07-17
Sciammas MauriceEVP, WW Sales & MarketingSell527$1314.03$692K
2026-07-15
filed 2026-07-17
Sciammas MauriceEVP, WW Sales & MarketingSell472$1375.47$649K
2026-07-15
filed 2026-07-17
Sciammas MauriceEVP, WW Sales & MarketingSell464$1329.30$617K
2026-07-15
filed 2026-07-17
Sciammas MauriceEVP, WW Sales & MarketingSell418$1378.73$576K
2026-07-15
filed 2026-07-17
Sciammas MauriceEVP, WW Sales & MarketingSell410$1384.11$567K
2026-07-15
filed 2026-07-17
Sciammas MauriceEVP, WW Sales & MarketingSell409$1323.93$541K
2026-07-15
filed 2026-07-17
Sciammas MauriceEVP, WW Sales & MarketingSell274$1318.42$361K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
2.5M
settled 2026-07-15
Change vs prior
+11.0%
vs previous settlement
Days to cover
2.67
at avg daily volume
Avg daily volume
919.3K
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-152.5M+11.0%2.67
2026-06-302.2M-5.7%1.50
2026-06-152.3M+1.2%3.04
2026-05-292.3M+17.4%3.27
2026-05-152.0M+14.8%3.07
2026-04-301.7M-5.7%2.76
2026-04-151.8M-8.1%3.39
2026-03-312.0M-0.1%3.70

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$2.79B$2.21B$1.82B$1.79B$1.21B
Gross profit$1.54B$1.22B$1.02B$1.05B$685.5M
Operating income$728.6M$539.4M$481.7M$526.8M$262.4M
Net income$621.5M$1.59B$427.4M$437.7M$242.0M
Diluted EPS$12.86$32.60$8.76$9.05$5.05

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$1.10B$691.8M$527.8M$288.6M$189.3M
Current assets$2.18B$1.57B$1.82B$1.41B$1.12B
Total assets$4.19B$3.52B$2.43B$2.06B$1.59B
Current liabilities$369.4M$294.6M$235.0M$263.4M$226.9M
Long-term debt
Total liabilities$662.7M$564.7M$384.4M$390.3M$341.8M
Total equity$3.53B$2.95B$2.05B$1.67B$1.24B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$838.2M$788.4M$638.2M$246.7M$320.0M
Capital expenditure$172.0M$146.1M$57.6M$58.8M$94.4M
Free cash flow$666.2M$642.3M$580.6M$187.8M$225.6M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$804.2M26.1%$193.2M$3.92
Q4 FY2025$751.2M20.8%$171.7M$3.49
Q3 FY2025$737.2M18.9%$179.8M$3.74
Q2 FY2025$664.6M31.0%$135.0M$2.81
Q1 FY2025$637.6M39.2%$135.1M$2.81
Q4 FY2024$621.7M36.9%$1.25B$25.87
Q3 FY2024$620.1M30.6%$144.4M$2.95
Q2 FY2024$507.4M15.0%$100.4M$2.05

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industrySemiconductors & Related Devices
Fiscal year endDecember 31
Latest fiscal periodFY2025
SEC filings since2019
SEC CIK1280452

Recent SEC filings

10-K2026-02-27
View on EDGAR →
10-K2025-03-03
View on EDGAR →
10-Q2026-05-04
View on EDGAR →
10-Q2025-11-05
View on EDGAR →
10-Q2025-08-04
View on EDGAR →
10-Q2025-05-05
View on EDGAR →
8-K2026-06-12
View on EDGAR →
8-K2026-04-30
View on EDGAR →

Largest semiconductor peers

All semiconductor stocksAll Technology companies →

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.