Monolithic Power Systems

Information Technology Semiconductors Kirkland, Washington Last filing Feb 27, 2026 · FY2025

                    Revenue
                    FY2025
                
$2.8B
                    3y CAGR +15.9%
                    
                    P84
                    
                    +26.4%
                    
                    Net income
                    FY2025
                
$621.5M
                    Net margin +22.3%
                    
                    P71
                    
                    -61.0%
                    
                    Total assets
                    FY2025
                
$4.2B
                    ROA +14.8%
                    
                    P79
                    
                    +16.0%
                    
                    Operating cash flow
                    FY2025
                
$838.2M
                    FCF margin +23.9%
                    
                    P62
                    
                    +6.3%

17 yrs · FY2009–FY2025 9 filed · 0 derived · 0 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Running CAGR since the earliest displayed year.

Balance Sheet

Assets, liabilities, and equity

28 accounts · 10 years

Total assets $4.2B

Total liabilities $662.7M

Shareholders equity $3.5B

Account	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash and Cash Equivalents	+28.8%	+25.5%	+24.7%	+17.0%	+10.9%	+31.3%	+15.3%	+23.8%	-26.6%	—
Short Term Investments	+0.1%	+1.2%	+20.7%	+19.3%	+28.1%	+13.7%	+22.0%	+14.7%	+39.1%	—
Accounts Receivable	+25.0%	+22.4%	+26.7%	+32.2%	+25.1%	+18.2%	+15.5%	+27.0%	+11.1%	—
Inventory	+25.8%	+24.8%	+27.1%	+35.8%	+29.4%	+21.8%	+21.3%	+38.1%	+38.9%	—
Prepaid Expenses	+31.6%	+36.7%	+49.0%	+29.5%	+31.5%	+26.3%	+29.4%	+14.9%	+41.1%	—
Other Current Assets	+31.6%	+36.7%	+49.0%	+29.5%	+31.5%	+26.3%	+29.4%	+14.9%	+41.1%	—
Total Current Assets	+21.3%	+19.2%	+24.9%	+24.3%	+24.0%	+21.8%	+19.6%	+23.1%	+17.3%	—
Property,Plant and Equipment	+24.8%	+24.6%	+23.3%	+27.0%	+33.6%	+34.8%	+38.9%	+32.7%	+69.8%	—
Goodwill	+16.5%	+18.7%	+0.0%	+0.0%	+0.0%	+0.0%	+0.0%	+0.0%	+0.0%	—
Intangible Assets	+12.7%	+16.1%	—	—	—	—	—	—	-68.3%	—
Long Term Investments	-40.6%	-36.1%	-27.4%	-17.3%	-14.8%	-14.5%	-16.3%	-22.2%	-1.8%	—
Deferred Tax Assets	+51.6%	+62.0%	+0.0%	+3.9%	-4.8%	-9.8%	-15.0%	-18.4%	+1.8%	—
Other Noncurrent Assets	+22.1%	+27.7%	+33.9%	+44.5%	+20.5%	+21.6%	+18.8%	+14.4%	+9.7%	—
Total Assets	+26.3%	+27.7%	+25.0%	+26.1%	+25.4%	+24.0%	+23.2%	+24.6%	+27.7%	—
Liabilities
Accounts Payable	+25.9%	+24.8%	+20.1%	+23.4%	+36.6%	+21.7%	+16.1%	+14.1%	+30.9%	—
Accrued Liabilities	+22.8%	+24.0%	+26.0%	+30.6%	+28.8%	+28.7%	+25.0%	+30.4%	+20.0%	—
Total Current Liabilities	+24.1%	+23.9%	+23.7%	+30.7%	+33.8%	+29.1%	+22.9%	+23.3%	+24.6%	—
Operating Lease Liabilities Noncurrent	—	—	—	—	—	—	—	—	—	—
Deferred Tax Liabilities	—	—	—	—	—	—	—	—	—	—
Other Noncurrent Liabilities	+20.9%	+21.7%	+21.1%	+21.1%	+23.7%	+25.6%	+26.6%	+28.8%	+42.2%	—
Total Liabilities	+26.5%	+24.8%	+25.1%	+30.2%	+33.7%	+31.9%	+31.7%	+38.4%	+63.2%	—
Equity
Common Stock	+0.7%	+0.7%	+0.9%	+0.9%	+0.9%	+1.0%	+0.8%	+0.7%	+0.7%	—
Additional Paid In Capital	+19.7%	+20.9%	+18.8%	+23.7%	+22.4%	+17.5%	+20.5%	+16.2%	+17.1%	—
Retained Earnings	+40.9%	+46.2%	+34.4%	+34.8%	+28.9%	+25.8%	+24.3%	+27.7%	+20.3%	—
Treasury Stock	—	—	—	—	—	—	—	—	—	—
Accumulated Other Comprehensive Income	—	—	—	—	—	—	—	—	—	—
Total Stockholders Equity	+26.3%	+27.2%	+24.9%	+25.3%	+23.6%	+22.4%	+21.5%	+21.8%	+21.1%	—
Total Liabilitiesand Equity	+26.3%	+27.7%	+25.0%	+26.1%	+25.4%	+24.0%	+23.2%	+24.6%	+27.7%	—

Income Statement

Revenue, expense, and profitability

19 accounts · 10 years

Revenue $2.8B

Operating income $728.6M

Net income $621.5M

Account	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
IncomeStatement
Revenues Total Revenue	+24.5%	+24.2%	+24.7%	+29.0%	+25.5%	+21.4%	+17.3%	+22.4%	+21.2%	—
Expenses Cost of Revenue	+24.2%	+23.9%	+24.0%	+27.0%	+24.1%	+20.8%	+16.6%	+20.9%	+19.6%	—
Expenses Research and Development	+20.1%	+20.4%	+20.0%	+21.8%	+21.0%	+16.9%	+13.5%	+12.7%	+11.8%	—
Expenses Selling,General and Administrative	+20.0%	+20.0%	+18.7%	+22.6%	+22.9%	+18.1%	+17.2%	+17.1%	+17.2%	—
Expenses Depreciation and Amortization	+16.5%	+13.7%	+17.9%	+19.6%	+17.6%	+10.7%	+4.8%	-4.9%	+11.1%	—
Expenses Share Based Compensation	+19.7%	+20.9%	+18.7%	+23.7%	+22.4%	+17.4%	+20.5%	+16.1%	+17.0%	—
Expenses Operating Expenses	+20.1%	+20.2%	+19.3%	+22.2%	+22.0%	+18.4%	+15.9%	+15.6%	+15.6%	—
Other Income Expense Gross Profit	+24.7%	+24.5%	+25.3%	+30.6%	+26.6%	+21.9%	+18.0%	+23.7%	+22.5%	—
Other Income Expense Operating Income	+33.4%	+33.2%	+36.5%	+46.0%	+37.0%	+30.7%	+23.5%	+44.4%	+42.2%	—
Other Income Expense Interest Expense	—	—	—	—	—	—	—	—	—	—
Other Income Expense Other Income/expense	-16.0%	-16.6%	-6.1%	-21.5%	—	-12.5%	-44.3%	-81.6%	-94.2%	—
Other Income Expense Income Before Tax	+33.4%	+33.4%	+36.5%	+44.7%	+36.6%	+31.1%	+25.5%	+43.8%	+44.8%	—
Income Tax Income Tax Expense	+46.9%	—	+50.2%	+63.6%	+46.1%	+2.3%	-2.0%	+70.5%	+290.4%	—
net Income net Income	+31.5%	+53.1%	+34.8%	+42.3%	+35.6%	+32.9%	+27.3%	+41.3%	+23.7%	—
net Income Comprehensive Income	+34.0%	+55.0%	+36.9%	+42.8%	+39.4%	+39.9%	+32.3%	+44.3%	+51.4%	—
Earnings Per Share Basic Eps	+29.1%	+49.7%	+31.8%	+39.0%	+32.4%	+29.6%	+24.7%	+38.4%	+21.5%	—
Earnings Per Share Diluted Eps	+29.4%	+50.2%	+31.9%	+38.9%	+32.0%	+29.1%	+23.6%	+36.9%	+19.0%	—
Earnings Per Share Weighted Average Shares Basic	+1.9%	+2.3%	+2.4%	+2.4%	+2.5%	+2.6%	+2.2%	+2.2%	+2.3%	—
Earnings Per Share Weighted Average Shares Diluted	+1.6%	+1.9%	+2.2%	+2.4%	+2.7%	+2.9%	+3.0%	+3.2%	+4.0%	—

Cash Flow Statement

Operating, investing, and financing flows

17 accounts · 10 years

Operating cash flow $838.2M

Investing cash flow $-157.3M

Financing cash flow $-285.9M

Account	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
CashFlow
Operating Activities net Income	+31.5%	+53.1%	+34.8%	+42.3%	+35.6%	+32.9%	+27.3%	+41.3%	+23.7%	—
Operating Activities Depreciation and Amortization	+42.2%	+42.2%	+52.3%	+61.2%	+68.4%	+73.2%	+90.4%	-38.3%	+0.0%	—
Operating Activities Stock Based Compensation	+19.7%	+20.9%	+18.7%	+23.7%	+22.4%	+17.4%	+20.5%	+16.1%	+17.0%	—
Operating Activities Deferred Income Taxes	—	—	—	—	—	—	—	—	—	—
Operating Activities Changes In Operating Assets and Liabilities	+26.9%	+13.1%	—	+41.7%	+44.0%	+16.3%	-57.9%	+43.6%	+91.0%	—
Operating Activities net Cash From Operating Activities	+25.6%	+28.2%	+28.9%	+14.8%	+24.3%	+25.5%	+26.1%	+14.6%	+24.2%	—
Investing Activities Capital Expenditures	+18.6%	+18.7%	+6.5%	+8.0%	+20.5%	+10.6%	+37.2%	-22.1%	+77.2%	—
Investing Activities Business Acquisitions	—	—	—	—	—	—	—	—	—	—
Investing Activities net Cash From Investing Activities	—	—	—	—	—	—	—	—	—	—
Financing Activities Repurchase of Common Stock	—	—	—	—	—	—	—	—	—	—
Financing Activities Dividends Paid	—	—	—	—	—	—	—	—	—	—
Financing Activities Proceeds From Stock Issuance	+23.9%	+26.3%	+30.5%	+27.9%	+28.3%	+29.8%	+34.6%	-79.0%	-88.8%	—
Financing Activities net Cash From Financing Activities	—	—	—	—	—	—	—	—	—	—
Cash Reconciliation Effect of Exchange Rate On Cash	—	—	—	—	—	—	—	—	—	—
Cash Reconciliation net Change In Cash	+38.4%	+25.1%	+43.4%	+28.7%	—	+65.0%	-77.2%	+102.9%	—	—
Cash Reconciliation Cash At Beginning of Period	+28.8%	+25.4%	+25.8%	+17.0%	+10.9%	+31.3%	+15.3%	+23.8%	-26.5%	—
Cash Reconciliation Cash At End of Period	+28.8%	+25.4%	+25.8%	+17.0%	+10.9%	+31.3%	+15.3%	+23.8%	-26.5%	—

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 10 years

Ratio	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Profitability
Gross margin	+55.2%	+55.3%	+56.1%	+58.4%	+56.8%	+55.2%	+55.2%	+55.4%	+54.8%	+54.3%
Operating margin	+26.1%	+24.4%	+26.5%	+29.4%	+21.7%	+18.8%	+16.3%	+19.5%	+16.4%	+14.0%
Net margin	+22.3%	+72.1%	+23.5%	+24.4%	+20.0%	+19.5%	+17.3%	+18.1%	+13.8%	+13.6%
FCF margin	+23.9%	+29.1%	+31.9%	+10.5%	+18.7%	+25.1%	+19.2%	+20.4%	+14.5%	+18.2%
Growth
Revenue CAGR (3y)	+15.9%	+22.3%	+29.2%	+41.9%	+27.5%	+21.5%	+17.3%	+20.5%	+18.6%	+17.7%
Returns
ROE	+17.6%	+53.9%	+20.8%	+26.2%	+19.5%	+17.0%	+14.1%	+16.4%	+12.5%	+12.2%
ROA	+14.8%	+44.0%	+17.6%	+21.3%	+15.3%	+13.6%	+11.4%	+13.3%	+10.0%	+10.3%
ROIC	—	—	—	—	—	—	—	—	—	—
Liquidity
Current ratio	5.91x	5.31x	7.74x	5.36x	4.96x	5.73x	6.67x	7.22x	6.81x	7.24x
Quick ratio	3.67x	2.93x	3.01x	1.79x	1.30x	2.73x	2.30x	2.83x	1.83x	2.78x
Leverage
D/E	0.19x	0.16x	0.19x	0.23x	0.27x	0.25x	0.24x	0.24x	0.25x	0.19x
Interest coverage	—	—	—	—	—	—	—	—	—	—
Efficiency
Asset turnover	0.67x	0.61x	0.75x	0.87x	0.76x	0.70x	0.66x	0.73x	0.72x	0.76x
Cash conversion cycle	+158d	+146d	+182d	+226d	+155d	+144d	+161d	+194d	+161d	+143d

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Monolithic Power Systems

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