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
Monolithic Power Systems, Inc.'s free cash flow for fiscal 2025 was $663.3M, up 6.27% from $624.1M in fiscal 2024. Over the twelve months to 30 June 2026 it was $388.9M. Over the past ten years it has ranged from $54.1M (fiscal 2015) to $663.3M (fiscal 2025) — the current reading is the highest in ten years. Free cash flow has risen for 3 consecutive fiscal years. Monolithic Power Systems, Inc. ranks 20th of 66 Semiconductors companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $663.3M | 6.27% |
| FY2024 | $624.1M | 7.49% |
| FY2023 | $580.6M | 209.13% |
| FY2022 | $187.8M | (16.44%) |
| FY2021 | $224.8M | 5.94% |
| FY2020 | $212.2M | 64.77% |
| FY2019 | $128.8M | 8.29% |
| FY2018 | $118.9M | 74.76% |
| FY2017 | $68.1M | (3.71%) |
| FY2016 | $70.7M | 30.75% |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $153.7M | (17.31%) |
| Mar 2026 | $185.8M | 192.65% |
| Dec 2025 | $63.5M | — |
| Sep 2025 | −$17.0M | — |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| NXPI NXP Semiconductors N.V. compare | $2.7B |
| UMC United Microelectronics Corporation compare | $1.9B |
| ON ON Semiconductor Corporation compare | $1.5B |
| MCHP Microchip Technology Incorporated compare | $1.1B |
| CRDO Credo Technology Group Holding Ltd. compare | $438.6M |
| MPWR Monolithic Power Systems, Inc. | $388.9M |
| ALAB Astera Labs, Inc. compare | $276.7M |
| STM STMicroelectronics N.V. compare | $228.0M |
| ASX ASE Technology Holding Co., Ltd. compare | −$1.2B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on MPWR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow 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
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