Monolithic Power Systems Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,790	2,207	1,821	1,794	1,208
Revenue Growth (YoY)	26.43%	21.20%	1.50%	48.55%	43.03%
Cost of Revenue	1,251	986.23	799.95	745.6	522.34
Gross Profit	1,540	1,221	1,021	1,049	685.46
Selling, General & Admin	418.81	356.76	275.74	281.6	232.42
Research & Development	382.26	324.75	263.64	240.17	190.63
Operating Expenses	801.07	681.51	539.38	521.77	423.04
Operating Income	738.67	539.36	481.74	526.79	262.42
Interest & Investment Income	-	27.09	23.36	14.37	11.64
Currency Exchange Gain (Loss)	-	-	-	-	-0.7
Other Non Operating Income (Expenses)	27.55	-13.77	-5.96	-11.84	3.54
EBT Excluding Unusual Items	766.22	552.69	499.14	529.31	276.89
Gain (Loss) on Sale of Investments	-	20.23	6.7	-4.38	-4.67
Pretax Income	766.22	572.91	505.84	524.94	272.22
Income Tax Expense	150.29	-1,214	78.47	87.27	30.2
Net Income	615.93	1,787	427.37	437.67	242.02
Net Income to Common	615.93	1,787	427.37	437.67	242.02
Net Income Growth	-65.53%	318.06%	-2.35%	80.84%	47.24%
Shares Outstanding (Basic)	48	49	48	47	46
Shares Outstanding (Diluted)	48	49	49	48	48
Shares Change (YoY)	-1.08%	0.13%	0.85%	0.98%	1.86%
EPS (Basic)	12.82	36.76	8.98	9.37	5.28
EPS (Diluted)	12.75	36.59	8.76	9.05	5.05
EPS Growth	-65.15%	317.69%	-3.20%	79.21%	44.29%
Free Cash Flow	-	642.29	580.64	187.83	225.59
Free Cash Flow Per Share	-	13.15	11.90	3.88	4.71
Dividend Per Share	6.240	5.000	4.000	3.000	2.400
Dividend Growth	24.80%	25.00%	33.33%	25.00%	20.00%
Gross Margin	55.18%	55.32%	56.07%	58.44%	56.75%
Operating Margin	26.47%	24.44%	26.45%	29.36%	21.73%
Profit Margin	22.07%	80.95%	23.47%	24.39%	20.04%
Free Cash Flow Margin	-	29.10%	31.88%	10.47%	18.68%
EBITDA	789.69	575.79	521.9	563.9	291.12
EBITDA Margin	28.30%	26.09%	28.66%	31.43%	24.10%
D&A For EBITDA	51.03	36.43	40.17	37.11	28.7
EBIT	738.67	539.36	481.74	526.79	262.42
EBIT Margin	26.47%	24.44%	26.45%	29.36%	21.73%
Effective Tax Rate	19.61%	-	15.51%	16.62%	11.09%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.