Monolithic Power Systems, Inc.

MPWR Technology Semiconductors

Monolithic Power Systems, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.8 billion, up 26.4% from fiscal 2024.

Revenue
+63.1%
EPS
+48.7%
Free cash flow
+1,311.6%

Quarter to September 2026, against a year earlier

1,181.69 50.26 +4.44%
Market cap
$55.2B
P/E
63.4×
Fwd P/E
56.0×
Dividend yield
0.65%
F-score
6/9
Altman Z
42.05
Beneish M
−2.48
Dividend safety
88/100

Monolithic Power Systems, Inc. (MPWR) SEC filings, changes and red flags

Red flags

  • Material weakness

    Monolithic Power Systems, Inc.’s 10-Q reports a material weakness in internal control over financial reporting

    Except for the ongoing remediation measures related to the material weakness described above

    10-Q filed · The filing · sec.gov

  • Receivables outpacing revenue

    Receivables grew 91.1% while revenue grew 63.1% year over year

    10-Q filed · The filing · sec.gov

  • Officer departure

    Monolithic Power Systems, Inc. reported the departure of an officer or director

    8-K filed · The filing · sec.gov

  • Auditor’s opinion

    Monolithic Power Systems, Inc.’s auditor’s report on its 10-K is not a clean opinion, or points to a restatement

    We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company’s internal control over financial reporting as of December 31, 2025, based on criteria established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework), and our report dated February 27, 2026 expressed an adverse opinion thereon.

    10-K filed · The filing · sec.gov

  • Restatement

    Monolithic Power Systems, Inc.’s 10-K corrects an error in previously issued financial statements

    10-K filed · The filing · sec.gov

Filings

Form Period Filed What it reports Flags
10-Q Sep 30, 2026 P1I2: 3 added · 4 removed · 17 modified
P2I1A: no material changes, the filing says
Material weakness Receivables outpacing revenue
8-K Oct 27, 2026 2.02 Results of operations and financial condition; 5.02 Departure or appointment of directors or officers; 9.01 Financial statements and exhibits Officer departure
8-K Sep 10, 2026 8.01 Other events; 9.01 Financial statements and exhibits
10-Q Jun 30, 2026 P1I2: 6 added · 21 modified
P2I1A: no material changes, the filing says
8-K Jul 30, 2026 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
8-K Jun 11, 2026 5.07 Submission of matters to a vote of security holders; 8.01 Other events; 9.01 Financial statements and exhibits
10-Q Mar 31, 2026 P1I2: 10 added · 11 removed · 40 modified
P2I1A: no material changes, the filing says
8-K Apr 30, 2026 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
10-K Dec 31, 2025 1: 1 added · 1 removed · 30 modified
1A: 16 added · 14 removed · 71 modified
7: 2 added · 8 removed · 36 modified
Auditor’s opinion Restatement
8-K Feb 26, 2026 4.02 Non-reliance on previously issued financial statements
8-K Feb 3, 2026 2.02 Results of operations and financial condition; 5.02 Departure or appointment of directors or officers; 8.01 Other events; 9.01 Financial statements and exhibits
8-K Dec 12, 2025 8.01 Other events; 9.01 Financial statements and exhibits
8-K Nov 19, 2025 5.03 Amendments to the articles or bylaws; change in fiscal year; 9.01 Financial statements and exhibits
10-Q Sep 30, 2025 P1I2: 4 added · 6 removed · 19 modified
P2I1A: no material changes, the filing says
8-K Oct 30, 2025 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
8-K Sep 11, 2025 8.01 Other events; 9.01 Financial statements and exhibits
10-Q Jun 30, 2025 P1I2: 10 added · 3 removed · 22 modified
P2I1A: no material changes, the filing says
8-K Jul 31, 2025 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
10-Q Mar 31, 2025 P1I2: no comparison — the earlier filing's text is no longer kept
P2I1A: no material changes, the filing says
8-K May 1, 2025 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
10-K Dec 31, 2024 1: no comparison — no earlier filing on file
1A: no comparison — no earlier filing on file
7: no comparison — no earlier filing on file
8-K Feb 6, 2025 2.02 Results of operations and financial condition; 8.01 Other events; 9.01 Financial statements and exhibits
10-Q Sep 30, 2024
8-K Oct 30, 2024 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
10-Q Jun 30, 2024
8-K Jul 30, 2024 2.02 Results of operations and financial condition; 8.01 Other events; 9.01 Financial statements and exhibits
8-K May 1, 2024 2.02 Results of operations and financial condition; 9.01 Financial statements and exhibits
8-K Feb 7, 2024 2.02 Results of operations and financial condition; 8.01 Other events; 9.01 Financial statements and exhibits

From the company’s filings on sec.gov. Red flags are raised by rules over the filings’ own data and text; they are not investment advice.