Monolithic Power Systems

MPWR · NASDAQ · USD

$1,439.73+5.79%+$78.76

Close · October 2, 2026

At a glance

Revenue growth: +26.43%; 2025 vs 2024
Net income growth: −60.96%; 2025 vs 2024
Net margin: 22.3%; 2024: 72.1%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total assets	4,686	4,449	4,194	4,206	3,972	3,806	3,516	2,855	2,648	2,579	2,434	2,328
Current assets	2,477	2,331	2,184	2,113	1,919	1,788	1,565	2,160	1,997	1,976	1,819	1,735
Cash and equivalents	1,006	1,063	1,099	1,081	787	637	692	700	550	488	528	421
Short-term investments	408	304	157	188	359	389	171	762	757	798	581	621
Receivables	344	302	256	242	195	215	173	165	158	194	230	190
Inventory	676	619	565	506	491	455	420	425	427	396	384	397
Net property, plant and equipment	798	694	653	617	602	546	512	471	434	384	377	367
Goodwill	25.9	25.9	25.9	25.9	25.9	25.9	25.9	26.1	26.1	27.3	6.6	6.6
Other intangible assets	8.2	8.5	8.8	9.1	9.4	9.7	9.9	10.2	10.5	9.5	—	—
Long-term investments	—	—	—	—	—	—	—	—	0.3	0.5	—	0.6
Current liabilities	498	487	369	443	384	363	295	337	295	312	235	250
Accounts payable	182	174	138	142	130	127	103	116	99.9	103	63.0	64.7
Total debt	18.9	20.0	20.0	15.1	15.9	—	—	—	—	—	—	—
Total liabilities	791	771	663	638	570	539	565	503	452	465	384	383
Total equity (incl. minority)	3,895	3,677	3,531	3,568	3,402	3,267	2,951	2,352	2,196	2,114	2,050	1,945
Retained earnings	2,862	2,704	2,610	2,706	2,603	2,545	2,293	1,099	1,016	978	947	899