Monolithic Power Systems, Inc. (MPWR) — Financial statements
Income statement, balance sheet, and cash flow for Monolithic Power Systems, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,790↑26.4% | 2,207↑21.2% | 1,821↑1.5% | 1,794↑48.5% | 1,208 | |
| Cost of Revenue | 1,251↑26.8% | 986↑23.3% | 800↑7.3% | 746↑42.7% | 522 | |
| Gross Profit | 1,540↑26.1% | 1,221↑19.6% | 1,021↓2.6% | 1,049↑53.0% | 685 | |
| Operating Expenses | ||||||
| R&D Expenses | 382↑17.7% | 325↑23.2% | 264↑9.8% | 240↑26.0% | 191 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 429↑20.2% | 357↑29.4% | 276↓2.1% | 282↑21.2% | 232 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 811↑19.0% | 682↑26.4% | 539↑3.4% | 522↑23.3% | 423 | |
| Total Costs & Expenses | 2,062↑23.6% | 1,668↑24.5% | 1,339↑5.7% | 1,267↑34.1% | 945 | |
| Operating Results | ||||||
| Operating Income | 729↑35.1% | 539↑12.0% | 482↓8.6% | 527↑100.7% | 262 | |
| Depreciation & Amortization | 51↑40.1% | 36↓9.3% | 40↑8.2% | 37↑29.3% | 29 | |
| EBITDA | 817↑41.9% | 576↑10.3% | 522↓7.4% | 564↑93.7% | 291 | |
| EBIT | 766↑42.1% | 539↑12.0% | 482↓8.6% | 527↑100.7% | 262 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.00↓100.0% | 27↑16.0% | 23↑62.6% | 14↑23.5% | 12 | |
| Interest Income | 0.00↓100.0% | 27↑16.0% | 23↑62.6% | 14↑23.5% | 12 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | -38 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 38↑12.0% | 34↑39.2% | 24↑1404.4% | -2↓118.9% | 10 | |
| Income Before Tax | 766↑33.7% | 573↑13.3% | 506↓3.6% | 525↑92.8% | 272 | |
| Income Tax Expense | 150↑112.4% | -1,214↓1646.9% | 78↓10.1% | 87↑189.0% | 30 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 616↓65.5% | 1,787↑318.1% | 427↓2.4% | 438↑80.8% | 242 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 616↓65.5% | 1,787↑318.1% | 427↓2.4% | 438↑80.8% | 242 | |
| Bottom-Line Net Income | 616↓65.5% | 1,787↑318.1% | 427↓2.4% | 438↑80.8% | 242 | |
| EPS (Basic) | 12.82↓65.1% | 36.76↑309.4% | 8.98↓4.2% | 9.37↑77.5% | 5.28 | |
| EPS (Diluted) | 12.75↓65.2% | 36.59↑317.7% | 8.76↓3.2% | 9.05↑79.2% | 5.05 | |
| Weighted Average Shares | 48↓1.2% | 49↑2.1% | 48↑1.9% | 47↑1.9% | 46 | |
| Weighted Average Diluted Shares | 48↓1.1% | 49↑0.1% | 49↑0.9% | 48↑1.0% | 48 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.