Monolithic Power Systems, Inc. (MPWR)

Nasdaq: MPWR · Semiconductors & Related Devices · West Palm Beach, FL · filing with the SEC since 2004

Grade7.0

◀ Past 6.2● Present 8.3▶ Future 6.1

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 27, 2026	Mar 3, 2025	Feb 29, 2024	Feb 24, 2023	Feb 25, 2022	Mar 1, 2021	Feb 28, 2020	Mar 1, 2019	Mar 1, 2018	Mar 1, 2017
Revenue	2,790,459	2,207,100	1,821,072	1,794,148	1,207,798	844,452	627,921	582,382	470,929	388,665
Cost of revenue	1,250,718	986,230	799,953	745,596	522,339	378,498	281,596	259,714	212,646	177,792
Gross profit	1,539,741	1,220,870	1,021,119	1,048,552	685,459	465,954	346,325	322,668	258,283	210,873
Research and development	382,263	324,748	263,643	240,171	190,627	137,598	107,757	93,455	82,359	73,643
Selling, general and administrative	428,842	356,764	275,740	281,596^r	232,415^r	161,670	133,542	113,803	97,257	83,012
Total operating expenses	811,105	681,512	539,383	521,767	423,042	307,072	243,763	209,180	180,859	156,426
Operating income	728,636	539,358	481,736	526,785	262,417	158,882	102,562	113,488	77,424	54,447
Interest income (expense), net	29,151	27,093	23,363	14,369	11,637	9,327	7,305	6,321	5,353	2,488
Other income (expense), net	587	658	1,810^r	658^r	-224^r	1,650^r	486	95^r	162^r	2,817
Total non-operating income (expense)	37,580	33,554	24,105	-1,848	9,802	10,460	10,558	4,994	5,520	·
Income before income taxes	766,216	572,912	505,841	524,937	272,219	169,342	113,120	118,482	82,944	57,264
Income tax expense	144,733	-1,019,146^r	78,467	87,265	30,196	4,967	4,281	13,214	17,741	4,544
Net income	621,483	1,592,058^r	427,374	437,672	242,023	164,375	108,839	105,268	65,203	52,720
Earnings per share, basic	12.94	32.76^r	8.98	9.37	5.28	3.67	2.52	2.49	1.58	1.30
Earnings per share, diluted	12.86	32.60^r	8.76	9.05	5.05	3.50	2.38	2.36	1.50	1.26
Weighted average shares, basic	48,035	48,599	47,610	46,727	45,851	44,840	43,165	42,247	41,350	40,436
Weighted average shares, diluted	48,309	48,835	48,771	48,358	47,889	47,014	45,763	44,602	43,578	41,915

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueNet

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton MPWR · research, not advice