Pricing Log in Create free account
Friday 6 November 2026 Export MPWR’s income statement to Excel — free account

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
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Monolithic Power Systems, Inc. (MPWR) Operating margin

Alert me on Operating margin

Monolithic Power Systems, Inc.'s operating margin over the twelve months to 30 September 2026 was 29.5%, up 3.4 percentage points from fiscal 2025 (26.1%). Over the past ten years it has ranged from 12.3% (fiscal 2015) to 29.4% (fiscal 2022); the current reading is higher than 82% of that period. That is above the Semiconductors industry median of 5.47% and above the Technology sector median of 0.02%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 26.1% 1.67
FY2024 24.4% (2.01)
FY2023 26.5% (2.91)
FY2022 29.4% 7.63
FY2021 21.7% 2.92
FY2020 18.8% 2.48
FY2019 16.3% (3.16)
FY2018 19.5% 3.05
FY2017 16.4% 2.43
FY2016 14.0% 1.68

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 29.8% (1.24)
Jun 2026 31.0% 1.00
Mar 2026 30.0% 3.37
Dec 2025 26.6% 0.14
43 more quarters

Against its own ten years

Low 12.3% High 29.4%
Ten-year median 19.5%
Current reading's percentile 98

Operating margin against peers

Company Operating margin
NXPI NXP Semiconductors N.V. compare 33.0%
MPWR Monolithic Power Systems, Inc. 29.5%
ALAB Astera Labs, Inc. compare 25.5%
UMC United Microelectronics Corporation compare 21.5%
MCHP Microchip Technology Incorporated compare 20.9%
MRVL Marvell Technology, Inc. compare 16.5%
ON ON Semiconductor Corporation compare 12.3%
ASX ASE Technology Holding Co., Ltd. compare 11.5%
STM STMicroelectronics N.V. compare 5.48%
Semiconductors industry median 5.47%
Technology sector median 0.02%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on MPWR