Monolithic Power Systems, Inc. income statement MPWR

In Q3 of fiscal 2026, the quarter ended Sep 30, 2026, Monolithic Power Systems, Inc. reported revenue of $1.2 billion, up 63.1% from the same quarter a year earlier. Net income was $271.1 million, a profit margin of 22.5%. Operating income came to $357.7 million, an operating margin of 29.7%. Diluted earnings per share were $5.51.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.

Line
TTM
Sep 30, 2026
Q3 FY2026
Sep 30, 2026
Q2 FY2026
Jun 30, 2026
Q1 FY2026
Mar 31, 2026
Q4 FY2025
Dec 31, 2025
Q3 FY2025
Sep 30, 2025
Q2 FY2025
Jun 30, 2025
Q1 FY2025
Mar 31, 2025
Q4 FY2024
Dec 31, 2024
Revenue
3,738
+40.5%
1,202
+63.1%
981
+47.6%
804
+26.1%
751
+20.8%
737
+18.9%
665
+31.0%
638
+39.2%
622
+36.9%
Cost of revenue
1,672
+40.4%
537
+62.2%
440
+47.2%
359
+26.3%
337
+21.5%
331
+19.6%
299
+31.6%
284
+38.4%
277
+36.7%
Gross profit
2,066
+40.6%
666
+63.8%
541
+47.8%
445
+26.0%
414
+20.3%
406
+18.3%
366
+30.5%
353
+39.9%
344
+37.1%
Selling, general and administrative
508
+25.3%
167
+48.2%
119
+12.9%
103
+12.0%
119
+24.5%
113
+19.6%
105
+21.9%
92
+13.9%
95
+36.0%
Operating income
1,103
+59.3%
358
+83.3%
304
+84.4%
241
+42.9%
200
+22.4%
195
+19.0%
165
+41.4%
169
+76.7%
163
+49.0%
Other income (expense)
43
+25.5%
9
-14.0%
18
+45.9%
6
+17.5%
10
+58.0%
10
+1.1%
12
+62.7%
5
-46.2%
6
-37.6%
Pretax income
1,145
+57.8%
367
+78.3%
322
+81.8%
247
+42.1%
210
+23.7%
206
+17.9%
177
+42.7%
174
+65.6%
170
+41.8%
Income tax
252
+125.8%
96
+270.2%
64
+53.5%
54
+38.9%
38
+103.5%
26
-13.6%
42
+77.2%
39
+211.1%
-1,085
-4893.2%
Net income
893
-47.6%
271
+50.8%
257
+90.6%
193
+43.1%
172
-86.3%
180
+24.5%
135
+34.5%
135
+45.9%
1,255
+1194.8%
Basic EPS
18.25
-48.6%
5.53
+47.5%
5.24
+85.8%
3.94
+39.7%
3.54
-86.4%
3.75
+26.7%
2.82
+36.9%
2.82
+48.4%
25.97
+1184.3%
Diluted EPS
18.15
-48.7%
5.51
+47.3%
5.22
+85.8%
3.92
+39.5%
3.49
-86.5%
3.74
+26.8%
2.81
+37.1%
2.81
+48.7%
25.87
+1204.7%
Weighted average shares, basic
49
+2.0%
49
+2.4%
49
+2.6%
49
+2.6%
48
+0.4%
48
-1.8%
48
-1.6%
48
-1.6%
48
+0.8%
Weighted average shares, diluted
49
+2.2%
49
+2.4%
49
+2.6%
49
+2.6%
49
+1.3%
48
-1.9%
48
-1.9%
48
-1.9%
49
-0.8%
Other measures
Depreciation and amortization
65
+35.0%
19
+37.4%
17
+30.1%
15
+31.9%
14
+41.8%
14
+45.1%
13
+51.0%
11
+38.8%
10
-1.8%
EBITDA
1,168
+57.8%
377
+80.3%
321
+80.4%
256
+42.2%
214
+23.6%
209
+20.4%
178
+42.0%
180
+73.7%
173
+44.7%
Margins
Gross margin
55.26%
55.35%
55.18%
55.34%
55.15%
55.11%
55.08%
55.40%
55.40%
Operating margin
29.50%
29.75%
30.99%
29.99%
26.62%
26.48%
24.79%
26.47%
26.27%
Pretax margin
30.64%
30.49%
32.81%
30.74%
27.93%
27.89%
26.63%
27.27%
27.27%
Profit margin
23.89%
22.54%
26.24%
24.03%
22.85%
24.39%
20.32%
21.18%
201.83%
EBITDA margin
31.24%
31.31%
32.73%
31.87%
28.51%
28.34%
26.77%
28.27%
27.88%
Effective tax rate
22.01%
26.06%
20.03%
21.83%
18.17%
12.55%
23.71%
22.33%
-640.11%
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

Company profile

Industry
Semiconductors & Related Devices (SIC 3674)
Listed as
MPWR (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
West Palm Beach, FL
SEC filer status
Large accelerated filer
SEC CIK
1280452
Former names
MONOLITHIC POWER SYSTEMS INC (until Jul 15, 2026)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.