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	406.61	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	779.03	681.51	539.38	521.77	423.04	299.27
Operating Income	690.85	539.36	481.74	526.79	262.42	166.69
Interest & Investment Income	27.09	27.09	23.36	14.37	11.64	9.33
Currency Exchange Gain (Loss)	-	-	-	-	-0.7	-1.36
Other Non Operating Income (Expenses)	-12.2	-13.77	-5.96	-11.84	3.54	5.48
EBT Excluding Unusual Items	705.75	552.69	499.14	529.31	276.89	180.13
Gain (Loss) on Sale of Investments	20.23	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	343.77%	317.69%	-3.20%	79.21%	44.29%	47.06%
Free Cash Flow	-	642.29	580.64	187.83	225.59	212.19
Free Cash Flow Per Share	-	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	25.96%	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	-	29.10%	31.88%	10.47%	18.68%	25.13%
EBITDA	740.25	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	49.4	36.43	40.17	37.11	28.7	19.19
EBIT	690.85	539.36	481.74	526.79	262.42	166.69
EBIT Margin	25.96%	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