Companies/US/MPWR

MONOLITHIC POWER SYSTEMS, INC.

Last · —$1243.11-76.44 (-5.79%)live · yahoo · 0s ago
Vol 1.05M ≈ 1.30B
Market cap$59.86B—
P/E · TTM78.6fwd — · eps —
Beta—vs S&P 500
Div yield—annual · TTM
52w range
——
Volume—session

Issuer

Legal nameMONOLITHIC POWER SYSTEMS, INC.
HQUnited States (US)
ListingUS MPWR
ISINUS6098391054
SectorTechnology
IndustrySemiconductor
SIC3674
CurrencyUSD
Entity registrysec:0001280452
CIK0001280452
Employees4,501
AddressMonolithic Power Systems, Inc. 1555 Palm Beach Lakes Boulevard 33401, West Palm Beach +561 839 3999
Headline financial metrics
Revenue$3.3B
Operating income$940.2M
Net income$804.5M
Free cash flow$585.5M
Operating margin28.7%
Net margin24.6%
Return on equity20.7%
PeriodTTM 2026-06-30
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OpenFilings analyst

Our analyst

10-K · 2026-02-27

From latest 10-K · 2026-02-27

  • Earnings Decline
  • Material Weakness
  • Asia Concentration
  • Fabless Supply Chain
  • Enterprise Data Mix
  • Purchase Commitments
  • Deferred Tax Risk

Red flags

  • Net income declined 61% year over year to $621.5 million in 2025 from $1.592 billion in restated 2024; diluted EPS fell to $12.86 from $32.60.
  • Management identified a material weakness in deferred-income-tax controls for both 2025 and 2024, and concluded disclosure controls were not effective as of December 31, 2025; the weakness resulted in a 2024 restatement and is not yet remediated.
  • Revenue concentration is high by geography: 92% in Asia in 2025, versus 94% in 2024; the filing specifically highlights China, Taiwan and Hong Kong political, regulatory and trade risks.
  • Outstanding unconditional purchase commitments totaled $442.2 million at year-end 2025, with $389.8 million due in 2026, increasing downside if demand weakens or inventory forecasts prove inaccurate.
  • The company carries a reported $3.6 billion valuation allowance against deferred tax assets as of both December 31, 2025 and 2024; changes in projected income or tax realization could create material income-tax volatility.

Upcoming earnings

1 event
9:00 PM UTC+1
Period
Sep 2026
Est. EPS
$7.71
Est. revenue
1.2B

Earnings transcripts

1 recent

Press & signals

2 recent
  • GlobeNewswire

    Monolithic Power Systems Announces Third Quarter 2026 Dividend

  • GlobeNewswire

    Monolithic Power Systems Reports Second Quarter Results on July 30, 2026

Documents

FormReporting forFiledFlags
2026-09-282026-09-300
2026-08-312026-09-020
2026-08-172026-08-190
2026-08-112026-08-130