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. In the quarter to June 2026, revenue grew 47.6%, EPS grew 87.8% and free cash flow fell 61.5%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for three.
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Monolithic Power Systems, Inc. (MPWR) Free cash flow margin
Monolithic Power Systems, Inc.'s free cash flow margin over the twelve months to 30 June 2026 was 11.9%, down 11.9 percentage points from fiscal 2025 (23.8%). Over the past ten years it has ranged from 10.5% (fiscal 2022) to 31.9% (fiscal 2023); the current reading is higher than 73% of that period. That is above the Semiconductors industry median of 8.47% and above the Technology sector median of 1.72%.
Free cash flow margin, annual
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Annual newest first
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 23.8% | (4.51) |
| FY2024 | 28.3% | (3.60) |
| FY2023 | 31.9% | 21.41 |
| FY2022 | 10.5% | (8.14) |
| FY2021 | 18.6% | (6.52) |
| FY2020 | 25.1% | 4.62 |
| FY2019 | 20.5% | 0.09 |
| FY2018 | 20.4% | 5.97 |
| FY2017 | 14.5% | (3.73) |
| FY2016 | 18.2% | 1.95 |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| CRDO Credo Technology Group Holding Ltd. compare | 27.6% |
| ON ON Semiconductor Corporation compare | 24.8% |
| UMC United Microelectronics Corporation compare | 23.4% |
| ALAB Astera Labs, Inc. compare | 23.0% |
| MCHP Microchip Technology Incorporated compare | 21.7% |
| NXPI NXP Semiconductors N.V. compare | 20.1% |
| MPWR Monolithic Power Systems, Inc. | 11.9% |
| STM STMicroelectronics N.V. compare | 1.74% |
| ASX ASE Technology Holding Co., Ltd. compare | −5.21% |
| Semiconductors industry median | 8.47% |
| Technology sector median | 1.72% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on MPWR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement