Companies / Information Technology
MPWR
Monolithic Power Systems
Semiconductors
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health86
Growth93
Profitability81
Cash generation92
Balance sheet100
Dilution control65
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)63.1%Revenue growth (FY)26.4%Revenue CAGR (3y)15.9%Gross margin55.2%Operating margin26.1%Net margin22.3%Free cash flow margin23.9%R&D / revenue13.7%Stock comp / revenue8.2%Net debt / operating cash flow—Current ratio5.91Diluted share count change-1.1%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.8B | $1.8B | $2.2B | $2.8B |
| Gross profit | $685M | $1.0B | $1.0B | $1.2B | $1.5B |
| Operating income | $262M | $527M | $482M | $539M | $729M |
| Net income | $242M | $438M | $427M | $1.6B | $621M |
| Operating cash flow | $320M | $247M | $638M | $788M | $838M |
| Capital expenditure | $94M | $59M | $58M | $146M | $172M |
| Free cash flow | $226M | $188M | $581M | $642M | $666M |
| R&D | $191M | $240M | $264M | $325M | $382M |
| Stock-based comp | $123M | $161M | $150M | $206M | $227M |
| Buybacks | $0 | $0 | $4M | $636M | $7M |
| Dividends | $109M | $138M | $186M | $241M | $285M |
| Cash | $189M | $289M | $528M | $692M | $1.1B |
| Equity | $1.2B | $1.7B | $2.0B | $3.0B | $3.5B |
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