MONOLITHIC POWER SYSTEMS, INC.
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | – | – |
| Stockholders' equity | 3,531 | 100.0 |
| Total capitalization | 3,531 | 100.0 |
49,143,000 shares outstanding at 29 July 2026 (cover page of the 10-Q filed 5 August 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Not tagged in XBRL |
CAPITAL STOCK 12/31/25
| Common shares authorized | 150,000,000 |
| Common shares issued | 48,709,000 |
| Par or stated value per share ($) | 0.001 |
| Outstanding at 7/29/26 | 49,143,000 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | 6.24 | 48.5 |
| 2024 | 5.00 | 15.3 |
| 2023 | 4.00 | 45.7 |
| 2022 | 3.00 | 33.1 |
| 2021 | 2.40 | 47.5 |
HISTORY AND BUSINESS
HISTORY: Incorporated in Delaware.
BUSINESS: Classified by the SEC under Standard Industrial Classification 3674, Semiconductors & Related Devices. Large accelerated filer. Principal executive office: 1555 Palm Beach Lakes Blvd., West Palm Beach, FL 33401. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 2,790 | 2,207 | 1,821 |
| Cost of revenues | 1,251 | 986 | 800 |
| Gross profit | 1,540 | 1,221 | 1,021 |
| Research and development | 382 | 325 | 264 |
| Selling, general and administrative | 429 | 357 | 276 |
| Depreciation and amortization | 53 | 36 | 40 |
| Operating income | 729 | 539 | 482 |
| Income before income taxes | 766 | 573 | 506 |
| Income taxes | 145 | (1,019) | 78 |
| Net income | 621 | 1,592 | 427 |
| Earned per share, diluted ($) | 12.86 | 32.60 | 8.76 |
| Dividends per share ($) | 6.24 | 5.00 | 4.00 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Cash and equivalents | 1,099 | 692 |
| Receivables, net | 256 | 173 |
| Inventories | 565 | 420 |
| Total current assets | 2,184 | 1,565 |
| Property, plant and equipment, net | 628 | 495 |
| Goodwill | 26 | 26 |
| Total assets | 4,194 | 3,516 |
| Total current liabilities | 369 | 295 |
| Total liabilities | 663 | 565 |
| Stockholders' equity | 3,531 | 2,951 |
| Total liabilities and equity | 4,194 | 3,516 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 2,790 | 729 | 621 | 22.3 | 12.86 | 6.24 | 838 | 172 | 666 | 4,194 | 663 | – | 3,531 | 17.6 | – |
| 12/31/24 | 2,207 | 539 | 1,592 | 72.1 | 32.60 | 5.00 | 788 | 146 | 642 | 3,516 | 565 | – | 2,951 | 53.9 | – |
| 12/31/23 | 1,821 | 482 | 427 | 23.5 | 8.76 | 4.00 | 638 | 58 | 581 | 2,434 | 384 | – | 2,050 | 20.8 | – |
| 12/31/22 | 1,794 | 527 | 438 | 24.4 | 9.05 | 3.00 | 247 | 59 | 188 | 2,059 | 390 | – | 1,669 | 26.2 | – |
| 12/31/21 | 1,208 | 262 | 242 | 20.0 | 5.05 | 2.40 | 320 | 94 | 226 | 1,586 | 342 | – | 1,244 | 19.5 | – |
| 12/31/20 | 844 | 159 | 164 | 19.5 | 3.50 | 2.00 | 268 | 56 | 212 | 1,208 | 242 | – | 967 | 17.0 | – |
| 12/31/19 | 628 | 103 | 109 | 17.3 | 2.38 | 1.60 | 216 | 96 | 120 | 956 | 183 | – | 773 | 14.1 | – |
| 12/31/18 | 582 | 113 | 105 | 18.1 | 2.36 | 1.20 | 141 | 23 | 119 | 793 | 153 | – | 640 | 16.4 | – |
| 12/31/17 | 471 | 77 | 65 | 13.8 | 1.50 | 0.80 | 134 | 66 | 68 | 653 | 131 | – | 522 | 12.5 | – |
| 12/31/16 | 389 | 54 | 53 | 13.6 | 1.26 | 0.80 | 108 | 37 | 71 | 511 | 80 | – | 431 | 12.2 | – |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
MONOLITHIC POWER SYSTEMS, INC.
CIK 1280452 · EIN 77-0466789
PRINCIPAL OFFICE:
1555 Palm Beach Lakes Blvd., West Palm Beach, FL 33401
Tel.: 561-839-3999
INCORPORATED:
Delaware
INDUSTRY (SEC SIC CODE):
3674 · Semiconductors & Related Devices
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 27 February 2026
FORMER NAMES:
MONOLITHIC POWER SYSTEMS INC
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/27/26) · 10-K FY2024 (filed 3/3/25) · 10-K FY2023 (filed 2/29/24) · 10-K FY2022 (filed 2/24/23) · 10-K FY2021 (filed 2/25/22) · 10-K FY2020 (filed 3/1/21) · 10-K FY2019 (filed 2/28/20) · 10-K FY2018 (filed 3/1/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.