Monolithic Power Systems, Inc. (MPWR) Financials
Key financial figures for Monolithic Power Systems, Inc. (Q3 2026).
Monolithic Power posted its first $1 billion quarter: revenue of $1,202.4 million, up 63.1% year over year, with Enterprise Data up 164.6% to $506.7 million. Revenue was a record $1,202.4 million, up 22.6% sequentially and 63.1% year over year, above the $1,140 to $1,160 million range guided in July (prior-guidance comparison calculated from the Q2 release). GAAP diluted EPS was $5.51 versus $5.22 in Q2 and $3.74 in Q3 2025; non-GAAP diluted EPS was $8.19 versus $6.50 in Q2. Enterprise Data revenue was $506.7 million (42.1% of revenue, +33.2% QoQ, +164.6% YoY); Communications $187.4 million (+42.5% QoQ), Storage and Computing $192.2 million (-3.8% QoQ), Automotive $180.7 million (+15.0% QoQ), Industrial $71.4 million, Consumer $64.0 million. On the outlook: Q4 2026: revenue of $1,315 million to $1,385 million; GAAP gross margin 55.2% to 55.8%; non-GAAP gross margin 55.5% to 56.1%; GAAP operating expenses $334.0 million to $342.0 million; non-GAAP operating expenses $216.8 million to $220.8 million; non-GAAP tax rate 15% for 2026; fully diluted shares 48.9 to 49.3 million. Figures are for Q3 2026, as Monolithic Power Systems, Inc. reported them.
- Revenue
- $1.2B
- Net Income
- $271M
- EPS
- $5.53
- Total Assets
- $4.7B
- Operating Cash Flow
- $290M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $1.2B | $271M | $5.51 | 29.75% | $221M |
| Q2 FY2026 | $981M | $257M | $5.22 | 30.99% | $145M |
| Q1 FY2026 | $804M | $193M | $3.92 | 29.99% | $179M |
| Q4 FY2025 | $751M | $170M | $3.46 | 26.62% | $62M |
| Q3 FY2025 | $737M | $178M | $3.74 | 26.48% | $199M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $2.8B | $616M | $12.86 | 26.11% | $666M |
| FY2024 | $2.2B | $1.8B | $32.60 | 24.44% | $642M |
| FY2023 | $1.8B | $427M | $8.76 | 26.45% | $581M |
Frequently asked questions
What was Monolithic Power Systems, Inc.'s revenue last quarter?
Monolithic Power Systems, Inc. reported revenue of $1.20 billion for Q3 FY2026, up 63.1% from the same period a year earlier.
Is Monolithic Power Systems, Inc. profitable?
Yes. Monolithic Power Systems, Inc. reported net income of $271.1 million for Q3 FY2026, a net margin of 22.54% on revenue.
How has Monolithic Power Systems, Inc.'s margin trended?
Operating margin was 29.75% in Q3 FY2026, compared with 26.48% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Monolithic Power Systems, Inc. generate?
Monolithic Power Systems, Inc. generated free cash flow of $220.6 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Monolithic Power Systems, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.