Monolithic Power Systems, Inc. (MPWR)

From the record

Monolithic Power Systems, Inc.'s filings since 2017 show 2 warning events of 2 kinds: a warning not to rely on past financial statements (8-K item 4.02, the latest 2026-02-27); an auditor change (8-K item 4.01, the latest 2019-03-22) (its current reports).

From the record

Monolithic Power Systems, Inc.'s 10 filed years say what it did: revenue went from $389 million in fiscal 2016 to $2.8 billion in fiscal 2025, up 24.5% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Monolithic Power Systems, Inc.'s diluted share count held steady, and dividends and buybacks returned about 60% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 290 sales (152 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-05 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Monolithic Power Systems, Inc. earned about 18 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 37 cents per dollar of everything the company owns. Leverage: it owed about 16 cents per dollar of assets, and net share issuance: its share count shrank 1.1% over the year (the filed statements).

From the record

Monolithic Power Systems, Inc.'s standing among 97 graded names in its industry family: revenue of $2.8 billion in fiscal 2025 ranks in the top 25% by size; a net margin of 22.3% ranks in the top 17%; revenue growth of 15.9% a year over the last 3 filed years ranks in the top 26% (its annual reports).

From the record

Monolithic Power Systems, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Hsing, Michael (CEO, as filed), filing under that title since 2008-08-13, 18.3 years (top 4% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 18.4 years (top 4%); 3 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (top 10%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Monolithic Power Systems, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $1.1 billion against no long-term debt tagged leaves 26.2% of its assets as net cash, top 24% of its family; cash from operations less capital spending is 23.9% of revenue (top 12%); a gross margin of 55.2% (top 26%); research spending of 13.7% of revenue (bottom 37%) (its annual report).

From the record

Monolithic Power Systems, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 15.9% a year over the last three filed years against 24.5% over all 10, slowing (bottom 40% of its family); the newest year grew 26.5% (top 33%); research spending grew 16.8% a year (top 21%); capital spending grew 43% a year (top 10%) (its annual reports). Monolithic Power Systems, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Monolithic Power Systems, Inc.'s newest year against its own record: revenue of $2.8 billion in fiscal 2025 came in 14% above the $2.4 billion its prior three years' pace pointed to (bottom 45% of its family); net income of $621 million against a prior three-year average of $819 million (bottom 44%); a net margin of 22.3% against 40% before (bottom 15%) (its annual reports).