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

1,183.07 51.64 +4.56%
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) Gross margin

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Monolithic Power Systems, Inc.'s gross margin over the twelve months to 30 September 2026 was 55.3%, up 0.1 percentage points from fiscal 2025 (55.2%). Over the past ten years it has ranged from 54.1% (fiscal 2015) to 58.4% (fiscal 2022); the current reading is higher than 55% of that period. That is above the Semiconductors industry median of 52.2% and above the Technology sector median of 46.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 55.2% (0.14)
FY2024 55.3% (0.75)
FY2023 56.1% (2.37)
FY2022 58.4% 1.69
FY2021 56.8% 1.57
FY2020 55.2% 0.03
FY2019 55.2% (0.25)
FY2018 55.4% 0.55
FY2017 54.9% 0.59
FY2016 54.3% 0.17

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 55.4% 0.17
Jun 2026 55.2% (0.16)
Mar 2026 55.3% 0.19
Dec 2025 55.2% 0.04
43 more quarters

Against its own ten years

Low 54.1% High 58.4%
Ten-year median 55.2%
Current reading's percentile 51

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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