Monolithic Power Systems, Inc. MPWR SPXR3KAITECH
Company Overview
Monolithic Power Systems, Inc. provides semiconductor-based power electronics solutions in China, Taiwan, South Korea, Southeast Asia, Europe, the United States, Japan, and internationally. The company offers direct current (DC) to DC solutions to convert and control voltages within a range of electronic systems, such as cloud-based and on-premises CPU servers and workstations, AI systems, memory, storage solutions, notebooks, infotainment, power sources, home appliances, network infrastructure, and satellite communications. It also provides alternating current (AC) to DC; driver metal-oxide-semiconductor field-effect transistors; power management integrated circuits (ICs); and current limit switch and lighting control products. The company serves storage and computing, enterprise data, automotive, communications, consumer, and industrial end markets through third-party distributors and value-added resellers. Monolithic Power Systems, Inc. was incorporated in 1997 and is based in West Palm Beach, Florida.
Why Investors Should Care
Generates a return on equity of 22.0%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 19.1%.
Net profit has compounded at 22.5% per year over the last five years.
Revenue has grown at a 19.3% CAGR over the past five years.
Maintains a net profit margin of 24.5%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $2.79B (+26.4% YoY); net profit $621.48M.
- Trailing 12 Months Year-on-year growth — revenue +47.6%, earnings +85.8%.
- 5-Year Trend Long-term compounding — revenue CAGR 19.3%, profit CAGR 22.5%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 19.33% |
| 1 Year: | 47.60% |
Compounded Profit Growth
| 5 Years: | 22.51% |
| 1 Year: | 85.80% |
Stock Price Performance
| 1 Year: | +43.01% |
| 6 Months: | +20.04% |
| 3 Months: | -17.24% |
| 1 Month: | -9.95% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
Monolithic Power Systems makes high-performance power-management chips, including the dense power solutions that feed AI accelerators and servers.
Power-management ICs and modules for enterprise data, automotive, industrial and consumer systems.
- AI-server power delivery MPS supplies high-density power solutions that deliver clean power to GPUs/AI accelerators.
- Enterprise data growth Its enterprise-data segment rides the AI-server power-content increase.
- Module integration Highly integrated power modules raise content per AI board.
- Direct beneficiary of rising power content per AI server; high margins (net ~22%, ROE ~19%).
- Strong growth (~21%) led by enterprise-data/AI power.
- Premium valuation prices in continued AI-power growth.
- Customer concentration and cyclicality are risks.
Curated from public filings and analyst commentary; figures are illustrative.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 22.0%.
- Excellent profit margin of 24.5%.
- Compounding revenue at 19.3% over 5 years.
- Profit CAGR of 22.5% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 74.4.
- Trading 27.5% below its 52-week high.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | MPWR Monolithic Power Systems, Inc. SPXR3KAITECH | 1,223.86 | 74.44 | $60.14B | 0.59% | 19.05% | 21.98% | 19.33% | 22.51% |
| 2 | NVDA NVIDIA Corporation NDXSPXR3KAITECH | 230.36 | 35.28 | $5.58T | 0.46% | 74.66% | 114.29% | 24.64% | 32.12% |
| 3 | AAPL Apple Inc. NDXSPXR3KTECH | 319.97 | 36.69 | $4.67T | 0.35% | 68.72% | 148.75% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXR3KAITECH | 499.70 | 27.85 | $3.71T | 0.73% | 26.33% | 34.04% | 9.93% | 11.90% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AITECH | 426.34 | 37.46 | $2.21T | 0.91% | 30.20% | 39.97% | 18.94% | 19.57% |
| 6 | AVGO Broadcom Inc. NDXSPXR3KAITECH | 357.90 | 59.55 | $1.70T | 0.62% | 16.70% | 37.28% | 17.04% | 54.08% |
| 7 | MU Micron Technology, Inc. NDXSPXR3KAITECH | 1,016.59 | 22.97 | $1.15T | 0.06% | 13.69% | 66.64% | 13.68% | 26.02% |
| 8 | AMD Advanced Micro Devices, Inc. NDXSPXR3KAITECH | 477.57 | 122.14 | $779.62B | 0.00% | 5.47% | 10.20% | 11.81% | 66.28% |
| 9 | ASML ASML Holding N.V. NDXAITECH | 1,714.88 | 58.49 | $658.69B | 0.53% | 42.97% | 53.94% | 15.55% | 19.55% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | 100.36M | 112.20M | 128.94M | 129.43M | 129.15M | 139.76M | 159.97M | 153.50M | 141.36M | 151.01M | 168.81M | 166.74M | 165.78M | 186.21M | 259.42M | 254.46M | 293.32M | 323.52M | 377.71M | 461.00M | 495.42M | 451.06M | 441.13M | 474.87M | 457.88M | 507.43M | 620.12M | 637.55M | 664.57M | 737.18M | 804.18M | 980.64M |
| Gross Profit | 39.68M | 44.13M | 49.44M | 46.92M | 45.51M | 50.93M | 57.92M | 56.51M | 54.84M | 61.42M | 70.86M | 71.16M | 71.50M | 77.56M | 89.02M | 84.59M | 78.01M | 83.22M | 93.16M | 91.94M | 91.45M | 102.59M | 143.04M | 141.06M | 164.22M | 186.31M | 218.88M | 270.96M | 290.90M | 258.78M | 247.68M | 263.54M | 252.44M | 280.58M | 343.44M | 353.23M | 366.02M | 406.23M | 445.06M | 541.07M |
| Operating Income | 5.86M | 10.11M | 13.31M | 11.79M | 10.38M | 11.53M | 15.00M | 17.54M | 13.57M | 14.97M | 23.83M | 25.05M | 22.04M | 24.88M | 33.49M | 33.08M | 21.72M | 20.12M | 30.03M | 30.69M | 30.99M | 27.95M | 59.98M | 46.09M | 60.63M | 77.13M | 96.13M | 141.89M | 151.87M | 124.28M | 112.33M | 135.57M | 95.49M | 116.54M | 164.03M | 168.76M | 164.76M | 195.18M | 241.15M | 303.89M |
| Net Income | 5.96M | 7.90M | 11.20M | 10.11M | 10.57M | 11.20M | 14.37M | 16.57M | 14.48M | 15.01M | 23.64M | 12.07M | 21.86M | 24.21M | 31.57M | 27.64M | 26.18M | 20.69M | 29.53M | 32.44M | 35.76M | 30.17M | 55.57M | 45.41M | 55.17M | 68.77M | 79.57M | 114.68M | 124.34M | 109.80M | 99.50M | 121.16M | 92.54M | 100.37M | 144.43M | 135.05M | 135.01M | 179.77M | 193.23M | 257.30M |
| Diluted EPS | 0.15 | 0.19 | 0.28 | 0.24 | 0.25 | 0.27 | 0.34 | 0.39 | 0.33 | 0.35 | 0.54 | 0.27 | 0.49 | 0.55 | 0.71 | 0.61 | 0.58 | 0.45 | 0.64 | 0.70 | 0.77 | 0.64 | 1.18 | 0.95 | 1.16 | 1.44 | 1.65 | 2.37 | 2.57 | 2.26 | 2.04 | 2.48 | 1.89 | 2.05 | 2.95 | 2.81 | 2.81 | 3.74 | 3.92 | 5.22 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 165.01M | 218.84M | 196.52M | 213.81M | 238.09M | 282.54M | 333.07M | 388.67M | 470.93M | 582.38M | 627.92M | 844.45M | 1.21B | 1.79B | 1.82B | 2.21B | 2.79B |
| Gross Profit | 97.68M | 121.46M | 101.59M | 113.15M | 127.90M | 152.62M | 180.17M | 210.87M | 258.28M | 322.67M | 346.32M | 465.95M | 685.46M | 1.05B | 1.02B | 1.22B | 1.54B |
| Operating Income | 19.53M | 30.50M | 13.42M | 17.28M | 23.91M | 35.30M | 41.07M | 54.45M | 77.42M | 113.49M | 102.56M | 158.88M | 262.42M | 526.78M | 481.74M | 539.36M | 728.64M |
| Net Income | - | 29.56M | 13.30M | 15.76M | 22.90M | 35.49M | 35.17M | 52.72M | 65.20M | 105.27M | 108.84M | 164.38M | 242.02M | 437.67M | 427.37M | 1.59B | 621.48M |
| Diluted EPS | 0.54 | 0.78 | 0.38 | 0.43 | 0.59 | 0.89 | 0.86 | 1.26 | 1.50 | 2.36 | 2.38 | 3.50 | 5.05 | 9.05 | 8.76 | 32.60 | 12.86 |
| R&D Expense | 38.30M | 44.37M | 44.52M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 281.60M | 273.87M | 287.16M | 368.91M | 399.37M | 431.29M | 511.13M | 652.57M | 793.43M | 956.38M | 1.21B | 1.59B | 2.06B | 2.43B | 3.52B | 3.71B | 3.87B | 4.11B | 4.19B |
| Total Equity | 164.65M | 212.96M | 246.90M | 242.88M | 258.29M | 323.40M | 346.43M | 368.52M | 431.12M | 522.01M | 640.09M | 773.49M | 966.59M | 1.24B | 1.67B | 2.05B | 2.95B | 3.07B | 3.21B | 3.38B | 3.53B |
| Cash & Equivalents | 83.27M | 46.72M | 48.01M | 96.37M | 75.10M | 101.21M | 126.27M | 90.86M | 112.70M | 82.76M | 172.70M | 172.96M | 334.94M | 189.26M | 288.61M | 527.84M | 691.82M | 637.35M | 787.38M | 1.08B | 1.10B |
| Total Liabilities | - | - | 34.71M | 30.99M | 28.87M | 45.51M | 52.94M | 62.77M | 80.01M | 130.56M | 153.34M | 182.88M | 241.90M | 341.84M | 390.28M | 384.41M | 564.70M | 631.51M | 662.29M | 729.88M | 662.70M |
| Current Liabilities | - | - | 28.97M | 26.07M | 23.46M | 38.49M | 36.86M | 43.28M | 52.92M | 65.92M | 80.44M | 98.22M | 146.97M | 226.94M | 263.40M | 235.03M | 294.57M | 363.40M | 383.51M | 442.80M | 369.37M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 31.76M | 48.49M | 43.69M | 24.91M | - | - | 69.74M | 107.79M | 133.82M | 141.45M | 216.30M | 267.80M | 320.01M | 246.67M | 638.21M | 788.41M | 838.20M |
| Investing Cash Flow | -82.13M | -33.75M | 36.22M | -26.84M | - | - | -57.20M | -55.73M | -134.06M | -14.74M | -167.11M | -39.18M | -378.89M | -12.51M | -178.73M | 223.05M | -157.27M |
| Financing Cash Flow | 13.62M | -14.05M | -31.98M | -19.55M | - | - | -46.65M | -28.13M | -31.32M | -34.56M | -48.05M | -71.56M | -90.21M | -128.78M | -183.72M | -872.23M | -285.86M |
| Capital Expenditure | -9.95M | -22.78M | -21.02M | -21.06M | -15.76M | -9.51M | -16.02M | -37.11M | -65.77M | -22.53M | -95.81M | -55.61M | -94.42M | -58.84M | -57.58M | -146.12M | -172.01M |
| Free Cash Flow | 21.81M | 25.71M | 22.66M | 3.85M | - | - | 53.71M | 70.67M | 68.05M | 118.92M | 120.50M | 212.19M | 225.59M | 187.83M | 580.63M | 642.29M | 666.19M |
| Share Buybacks | - | 31.53M | 38.47M | - | 20.61M | 41.20M | 32.29M | - | - | - | - | - | 0 | 0 | 3.70M | 636.20M | 6.60M |
| Dividends Paid | - | - | - | 35.66M | - | - | - | - | 33.93M | 47.48M | 67.29M | 88.79M | 109.36M | 137.97M | 185.84M | 240.62M | 284.80M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | 59.2% | 55.5% | 51.7% | 52.9% | 53.7% | 54.0% | 54.1% | 54.3% | 54.8% | 55.4% | 55.2% | 55.2% | 56.8% | 58.4% | 56.1% | 55.3% | 55.2% |
| Operating Margin % | 11.8% | 13.9% | 6.8% | 8.1% | 10.0% | 12.5% | 12.3% | 14.0% | 16.4% | 19.5% | 16.3% | 18.8% | 21.7% | 29.4% | 26.5% | 24.4% | 26.1% |
| Net Margin % | - | 13.5% | 6.8% | 7.4% | 9.6% | 12.6% | 10.6% | 13.6% | 13.8% | 18.1% | 17.3% | 19.5% | 20.0% | 24.4% | 23.5% | 72.1% | 22.3% |
| ROE % | - | 12.0% | 5.5% | 6.1% | 7.1% | 10.2% | 9.5% | 12.2% | 12.5% | 16.4% | 14.1% | 17.0% | 19.5% | 26.2% | 20.8% | 53.9% | 17.6% |
| ROCE % | - | 12.1% | 5.4% | 6.6% | 7.2% | 9.7% | 10.6% | 11.9% | 13.2% | 15.9% | 12.0% | 15.0% | 19.3% | 29.3% | 21.9% | 16.7% | 19.1% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 11.37% | 5.59M | $7.02B |
| 2 | FMR, LLC | 10.54% | 5.18M | $6.50B |
| 3 | Vanguard Capital Management LLC | 6.36% | 3.13M | $3.93B |
| 4 | Vanguard Portfolio Management LLC | 5.10% | 2.50M | $3.15B |
| 5 | Invesco Ltd. | 4.77% | 2.34M | $2.94B |
| 6 | State Street Corporation | 4.64% | 2.28M | $2.87B |
| 7 | Geode Capital Management, LLC | 2.43% | 1.20M | $1.50B |
| 8 | Price (T.Rowe) Associates Inc | 1.99% | 976.80K | $1.23B |
| 9 | Franklin Resources, Inc. | 1.65% | 811.97K | $1.02B |
| 10 | Goldman Sachs Group Inc | 1.59% | 780.65K | $980.70M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for MPWR
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MPWR — Frequently Asked Questions
What is the current share price of Monolithic Power Systems, Inc. (MPWR)?
As of 2026-09-07 16:24 PDT, Monolithic Power Systems, Inc. (MPWR) trades at $1,223.86 on NasdaqGS. Its 52-week range is $815.04 to $1,687.32.
What is the market capitalisation of MPWR?
Monolithic Power Systems, Inc. (MPWR) has a market capitalisation of $60.14B on NasdaqGS.
What is the P/E ratio of MPWR?
MPWR trades at a trailing price-to-earnings (P/E) ratio of 74.44. The industry average P/E is 32.42. Its price-to-book (P/B) ratio is 17.68.
Does MPWR pay a dividend?
Monolithic Power Systems, Inc. (MPWR) currently offers a dividend yield of 0.59%.
What is the return on equity (ROE) of MPWR?
MPWR has a return on equity (ROE) of 21.98%. Its return on capital employed (ROCE) is 19.05%.
Is MPWR a good stock to buy?
This page provides a data-driven analysis of Monolithic Power Systems, Inc. (MPWR), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.