Monolithic Power Systems, Inc. (MPWR) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MPWR Revenue Growth
Revenue Breakdown (FY 2023)
MPWR's revenue distribution by segment and geography for fiscal year 2023
By Product/Segment
By Geography
MPWR Revenue Analysis (2014–2025)
As of May 6, 2026, Monolithic Power Systems, Inc. (MPWR) generated trailing twelve-month (TTM) revenue of $2.79 billion, reflecting exceptional growth of +20.8% year-over-year. The most recent quarter (Q4 2025) recorded $751.2 million in revenue, up 1.9% sequentially.
Looking at the longer-term picture, MPWR's 5-year compound annual growth rate (CAGR) stands at +27.0%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $2.79 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows MPWR's business is primarily driven by DC To DC Products (94%), and Lighting Control Products (6%). With over half of revenue concentrated in DC To DC Products, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including ENTG (-0.3% YoY), POWI (+5.9% YoY), and DIOD (+13.0% YoY), MPWR has underperformed the peer group in terms of revenue growth. Compare MPWR vs ENTG →
MPWR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MPWRCurrent | $2.8B | +20.8% | +27.0% | 26.1% | |
 ENTG | $3.2B | -0.3% | +11.4% | 28.9% | |
 POWI | $444M | +5.9% | -1.9% | 4.8% | |
 DIOD | $1.5B | +13.0% | +3.8% | 2.4% | |
 SLAB | $785M | +34.3% | +9.0% | -9.0% | |
 IOSP | $1.8B | -3.7% | +8.3% | 8.8% |
MPWR Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.79B | +26.4% | $1.54B | 55.2% | $728.6M | 26.1% |
| 2024 | $2.21B | +21.2% | $1.22B | 55.3% | $539.4M | 24.4% |
| 2023 | $1.82B | +1.5% | $1.02B | 56.1% | $481.7M | 26.5% |
| 2022 | $1.79B | +48.5% | $1.05B | 58.4% | $526.8M | 29.4% |
| 2021 | $1.21B | +43.0% | $685.5M | 56.8% | $262.4M | 21.7% |
| 2020 | $844.5M | +34.5% | $466.0M | 55.2% | $158.9M | 18.8% |
| 2019 | $627.9M | +7.8% | $346.3M | 55.2% | $102.6M | 16.3% |
| 2018 | $582.4M | +23.7% | $322.7M | 55.4% | $113.5M | 19.5% |
| 2017 | $470.9M | +21.2% | $258.3M | 54.8% | $77.4M | 16.4% |
| 2016 | $388.7M | +16.7% | $210.9M | 54.3% | $54.4M | 14.0% |
Full MPWR Stock Analysis
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Start ComparisonMPWR — Frequently Asked Questions
Quick answers to the most common questions about buying MPWR stock.
Is MPWR's revenue growth accelerating or slowing?
MPWR revenue is accelerating at +20.8% year-over-year, exceeding the 5-year CAGR of +27.0%. TTM revenue reached $2.8B. Growth momentum has increased versus prior periods.
What is MPWR's long-term revenue growth rate?
Monolithic Power Systems, Inc.'s 5-year revenue CAGR of +27.0% reflects the sustained expansion pattern. Current YoY growth of +20.8% is above this long-term average.
How is MPWR's revenue distributed by segment?
MPWR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.