Monolithic Power Systems, Inc. (MPWR) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	3.3B	2.8B	2.2B	1.8B	1.8B
Cost of Revenue	1.5B	1.3B	986.2M	800.0M	745.6M
Gross Profit	1.8B	1.5B	1.2B	1.0B	1.0B
Operating Expenses
R&D Expense	413.0M	382.3M	324.7M	263.6M	240.2M
SG&A Expense	453.5M	428.8M	356.8M	275.7M	281.6M
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	—	—	—	—	—
Total Operating Expenses	866.5M	811.1M	681.5M	539.4M	521.8M
Cost and Expenses	2.3B	2.1B	1.7B	1.3B	1.3B
Operating Income (EBIT)	940.2M	728.6M	539.4M	481.7M	526.8M
Non-Operating
Interest Income	28.8M	29.2M	27.1M	23.4M	14.4M
Interest Expense	—	—	—	—	—
Net Interest Income	28.8M	29.2M	27.1M	23.4M	14.4M
Other Non-Op Income/Expense	44.1M	37.6M	33.6M	24.1M	(1.8M)
Non-Operating Income (excl Interest)	(44.1M)	(37.6M)	(33.6M)	(24.1M)	1.8M
EBT (Pre-Tax Income)	984.3M	766.2M	572.9M	505.8M	524.9M
Income Tax Expense	185.3M	150.3M	(1.2B)	78.5M	87.3M
Bottom Line
Net Income	798.9M	615.9M	1.8B	427.4M	437.7M
Earnings from Cont. Ops	798.9M	615.9M	1.8B	427.4M	437.7M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	798.9M	615.9M	1.8B	427.4M	437.7M
Per Share
Basic EPS	$16.40	$12.82	$36.76	$8.98	$9.37
Diluted EPS	$16.32	$12.75	$36.59	$8.76	$9.05
Revenue Per Share	$66.64	$58.09	$45.41	$38.25	$38.40
Shares
Basic Shares Outstanding	49.1M	48.0M	48.6M	47.6M	46.7M
Diluted Shares Outstanding	49.3M	48.3M	48.8M	48.8M	48.4M
Profitability Metrics
EBITDA	1.0B	817.2M	609.3M	546.0M	562.1M
D&A	27.4M	51.0M	36.4M	40.2M	37.1M
EBIT	984.3M	766.2M	572.9M	505.8M	524.9M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026