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) Gross margin
Monolithic Power Systems, Inc.'s gross margin over the twelve months to 30 June 2026 was 55.2%, up 0.0 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 52.3% and above the Technology sector median of 47.2%.
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) |
|---|---|---|
| Jun 2026 | 55.2% | (0.16) |
| Mar 2026 | 55.3% | 0.19 |
| Dec 2025 | 55.2% | 0.04 |
| Sep 2025 | 55.1% | 0.03 |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| ALAB Astera Labs, Inc. compare | 75.1% |
| CRDO Credo Technology Group Holding Ltd. compare | 67.1% |
| MCHP Microchip Technology Incorporated compare | 60.2% |
| NXPI NXP Semiconductors N.V. compare | 56.0% |
| MPWR Monolithic Power Systems, Inc. | 55.2% |
| ON ON Semiconductor Corporation compare | 37.7% |
| STM STMicroelectronics N.V. compare | 34.3% |
| UMC United Microelectronics Corporation compare | 30.6% |
| ASX ASE Technology Holding Co., Ltd. compare | 19.5% |
| Semiconductors industry median | 52.3% |
| Technology sector median | 47.2% |
| Market median | 46.2% |
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
More on MPWR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- 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
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement