# Monolithic Power Systems, Inc. (MPWR)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $75.78B  
**Price:** $1568.59 (+6.49%)

> Monolithic Power Systems, Inc. is a semiconductor company specializing in analog and mixed-signal power management solutions. The firm designs, develops, and markets integrated power semiconductor devices and power delivery architectures that manage and convert electrical power in electronic systems. Its products are used across computing and storage, automotive, industrial, communications, and consumer markets, supporting applications such as cloud and data center infrastructure, telecom equipment, automotive electronics, factory automation, and a broad range of consumer devices. Monolithic Power Systems emphasizes highly integrated, energy-efficient, and easy-to-use power management solutions, often delivered through a fabless manufacturing model that leverages third-party foundries. The company plays a notable role in enabling reliable, compact, and efficient power delivery in complex electronic designs, making it an important supplier to global electronics manufacturers. Monolithic Power Systems, Inc. was founded in 1997 and is headquartered in West Palm Beach, Florida.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2.79B | $1.54B | $729M | $621M | — |
| 2024 | $2.21B | $1.22B | $539M | $1.59B | — |
| 2023 | $1.82B | $1.02B | $482M | $427M | — |
| 2022 | $1.79B | $1.05B | $527M | $438M | — |
| 2021 | $1.21B | $685M | $262M | $242M | — |
| 2020 | $844M | $466M | $159M | $164M | — |
| 2019 | $628M | $346M | $103M | $109M | — |
| 2018 | $582M | $323M | $113M | $105M | — |
| 2017 | $471M | $258M | $77M | $65M | — |
| 2016 | $389M | $211M | $54M | $53M | — |
| 2015 | $333M | $180M | $41M | $35M | — |
| 2014 | $283M | $153M | $35M | $35M | — |
| 2013 | $238M | $128M | $24M | $23M | — |
| 2012 | $214M | $113M | $17M | $16M | — |
| 2011 | $197M | $102M | $13M | $13M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $4.19B | $663M | $3.53B | $1.10B | — |
| 2024 | $3.52B | $565M | $2.95B | $692M | — |
| 2023 | $2.43B | $384M | $2.05B | $528M | — |
| 2022 | $2.06B | $390M | $1.67B | $289M | — |
| 2021 | $1.59B | $342M | $1.24B | $189M | — |
| 2020 | $1.21B | $242M | $967M | $335M | — |
| 2019 | $956M | $183M | $773M | $173M | — |
| 2018 | $793M | $153M | $640M | $173M | — |
| 2017 | $653M | $131M | $522M | $83M | — |
| 2016 | $511M | $80M | $431M | $113M | — |
| 2015 | $431M | $63M | $369M | $91M | — |
| 2014 | $399M | $53M | $346M | $126M | — |
| 2013 | $369M | $46M | $323M | $101M | — |
| 2012 | $287M | $29M | $258M | $75M | — |
| 2011 | $274M | $31M | $243M | $96M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $838M | $172M | $666M |
| 2024 | $788M | $146M | $642M |
| 2023 | $638M | $58M | $581M |
| 2022 | $247M | $59M | $188M |
| 2021 | $320M | $94M | $226M |
| 2020 | $268M | $56M | $212M |
| 2019 | $216M | $96M | $120M |
| 2018 | $141M | $23M | $119M |
| 2017 | $134M | $66M | $68M |
| 2016 | $108M | $37M | $71M |
| 2015 | $70M | $16M | $54M |
| 2012 | $25M | $21M | $4M |
| 2011 | $44M | $21M | $23M |
| 2010 | $48M | $23M | $26M |
| 2009 | $32M | $10M | $22M |

Source: [CompaniesByCap](https://companiesbycap.com/company/MPWR)