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MPWR logoMonolithic Power Systems, Inc. (MPWR) Earnings History

Annual and quarterly earnings data from 2002 to 2025

TTM Net Income
$616M
Profitable
TTM EPS
$12.53
Diluted
YoY EPS Growth
-65.2%
Declining
Net Margin
22.1%
Profitability
Operating Margin26.1%
Gross Margin55.2%
ROE18.4%
ROA15.8%
Highest Annual Net Income$1.79B (2024)
Highest Quarterly EPS$29.88 (Q4 2024)
Consecutive Profitable Years19 years
Q4 2025
Net Income$170M
EPS$3.46
QoQ Growth-4.6%Slow

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MPWR EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-65.2%
Declining
3-Year
+12.1%
Strong
5-Year
+29.5%
Excellent
10-Year
+30.9%
Excellent

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

MPWR Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202555.2%26.1%22.1%
202455.3%24.4%81.0%
202356.1%26.5%23.5%
202258.4%29.4%24.4%
202156.8%21.7%20.0%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Monolithic Power Systems, Inc. (MPWR) Earnings Overview

As of May 7, 2026, Monolithic Power Systems, Inc. (MPWR) reported trailing twelve-month net income of $616M, reflecting -65.2% year-over-year growth. The company earned $12.53 per diluted share over the past four quarters, with a net profit margin of 22.1%.

Looking at the long-term picture, MPWR's 5-year EPS compound annual growth rate (CAGR) stands at +29.5%, indicating exceptional earnings growth. The company achieved its highest annual net income of $1.79B in fiscal 2024.

Monolithic Power Systems, Inc. maintains industry-leading profitability with a gross margin of 55.2%, operating margin of 26.1%, and net margin of 22.1%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including ENTG ($265M net income, 7.4% margin), POWI ($22M net income, 5.0% margin), DIOD ($66M net income, 4.5% margin), MPWR has outperformed on profitability metrics. Compare MPWR vs ENTG →

MPWR Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
MPWR logoMPWRCurrent
$616M$12.5322.1%18.4%-65.2%—
ENTG logoENTG
$265M$1.737.4%6.2%-19.7%
POWI logoPOWI
$22M$0.405.0%3.1%-30.4%
DIOD logoDIOD
$66M$1.434.5%3.5%+50.5%
SLAB logoSLAB
-$65M$-1.97-8.3%-6.0%+66.6%
IOSP logoIOSP
$117M$4.696.6%8.9%+228.9%
Best in group
Lowest in group

MPWR Historical Earnings Data (2002–2025)

24 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$616M-65.5%$729M$12.7522.1%26.1%
2024$1.79B+318.1%$539M$36.5981.0%24.4%
2023$427M-2.4%$482M$8.7623.5%26.5%
2022$438M+80.8%$527M$9.0524.4%29.4%
2021$242M+47.2%$262M$5.0520.0%21.7%
2020$164M+51.0%$159M$3.5019.5%18.8%
2019$109M+3.4%$103M$2.3817.3%16.3%
2018$105M+61.4%$113M$2.3618.1%19.5%
2017$65M+23.7%$77M$1.5013.8%16.4%
2016$53M+49.9%$54M$1.2613.6%14.0%

Full MPWR Stock Analysis

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Compare MPWR vs NVDA

Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.

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MPWR — Frequently Asked Questions

Quick answers to the most common questions about buying MPWR stock.

Is MPWR growing earnings?

MPWR EPS fell to $12.53, with earnings declining -65.2%. This contrasts with the 5-year CAGR of +29.5%. TTM net income dropped to $616M.

What are MPWR's profit margins?

Monolithic Power Systems, Inc. net margin is +22.1%, with operating margin at +26.1%. Above-average margins indicate pricing power.

How consistent are MPWR's earnings?

MPWR earnings data spans 2002-2025. The declining earnings trend is -65.2% YoY. Historical data enables comparison across business cycles.

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MPWR Earnings Over Time (2014–2025)

Net income and EPS trends