Monolithic Power Systems, Inc. (MPWR)

Monolithic Power Systems Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,661	2,207	1,821	1,794	1,208	844.45
Revenue Growth (YoY)	30.48%	21.20%	1.50%	48.55%	43.03%	34.48%
Cost of Revenue	1,191	986.23	799.95	745.6	522.34	378.5
Gross Profit	1,470	1,221	1,021	1,049	685.46	465.95
Selling, General & Admin	405.45	356.76	275.74	281.6	232.42	161.67
Research & Development	372.43	324.75	263.64	240.17	190.63	137.6
Operating Expenses	777.88	681.51	539.38	521.77	423.04	299.27
Operating Income	692.01	539.36	481.74	526.79	262.42	166.69
Interest & Investment Income	26.82	27.09	23.36	14.37	11.64	9.33
Currency Exchange Gain (Loss)	-	-	-	-	-0.7	-1.36
Other Non Operating Income (Expenses)	-0.29	-13.77	-5.96	-11.84	3.54	5.48
EBT Excluding Unusual Items	718.54	552.69	499.14	529.31	276.89	180.13
Gain (Loss) on Sale of Investments	7.44	20.23	6.7	-4.38	-4.67	-2.98
Legal Settlements	-	-	-	-	-	-7.8
Pretax Income	725.97	572.91	505.84	524.94	272.22	169.34
Income Tax Expense	-1,169	-1,214	78.47	87.27	30.2	4.97
Net Income	1,895	1,787	427.37	437.67	242.02	164.38
Net Income to Common	1,895	1,787	427.37	437.67	242.02	164.38
Net Income Growth	336.43%	318.06%	-2.35%	80.84%	47.24%	51.03%
Shares Outstanding (Basic)	48	49	48	47	46	45
Shares Outstanding (Diluted)	48	49	49	48	48	47
Shares Change (YoY)	-1.61%	0.13%	0.85%	0.98%	1.86%	2.73%
EPS (Basic)	39.49	36.76	8.98	9.37	5.28	3.67
EPS (Diluted)	39.37	36.59	8.76	9.05	5.05	3.50
EPS Growth	343.79%	317.69%	-3.20%	79.21%	44.29%	47.06%
Free Cash Flow	705.17	642.29	580.64	187.83	225.59	212.19
Free Cash Flow Per Share	14.65	13.15	11.90	3.88	4.71	4.51
Dividend Per Share	5.930	5.000	4.000	3.000	2.400	2.000
Dividend Growth	24.84%	25.00%	33.33%	25.00%	20.00%	25.00%
Gross Margin	55.24%	55.32%	56.07%	58.44%	56.75%	55.18%
Operating Margin	26.01%	24.44%	26.45%	29.36%	21.73%	19.74%
Profit Margin	71.22%	80.95%	23.47%	24.39%	20.04%	19.46%
Free Cash Flow Margin	26.50%	29.10%	31.88%	10.47%	18.68%	25.13%
EBITDA	740.32	575.79	521.9	563.9	291.12	185.87
EBITDA Margin	27.82%	26.09%	28.66%	31.43%	24.10%	22.01%
D&A For EBITDA	48.31	36.43	40.17	37.11	28.7	19.19
EBIT	692.01	539.36	481.74	526.79	262.42	166.69
EBIT Margin	26.01%	24.44%	26.45%	29.36%	21.73%	19.74%
Effective Tax Rate	-	-	15.51%	16.62%	11.09%	2.93%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q