To the full analysis
Monolithic Power Systems stock: growth
MPWRMonolithic Power Systems reported $2.79B in revenue for fiscal 2025, up 26.4% on the prior year, up 27% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
18.8%
per year from 2006 to 2025, per share 15.8%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
30.3%
per year from 2006 to 2025, per share 27%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 27.0% | 23.7% | 18.8% |
| Revenue per share | 25.3% | 21.3% | 15.8% |
| Earnings | 30.2% | 33.1% | no data |
| Earnings per share | 28.4% | 30.6% | no data |
| Free cash flow | 25.7% | 28.6% | 30.3% |
| Free cash flow per share | 24.0% | 26.1% | 27.0% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $105.02M | −$2.86M | $4.35M |
| 2007 | $134M | $9.29M | $17.69M |
| 2008 | $160.51M | $24.23M | $34.36M |
| 2009 | $165.01M | $19.67M | $21.5M |
| 2010 | $218.84M | $29.56M | $25.72M |
| 2011 | $196.52M | $13.3M | $22.66M |
| 2012 | $213.81M | $15.76M | $3.85M |
| 2013 | $238.09M | $22.9M | $44.92M |
| 2014 | $282.54M | $35.5M | $64.62M |
| 2015 | $333.07M | $35.17M | $53.71M |
| 2016 | $388.67M | $52.72M | $70.67M |
| 2017 | $470.93M | $65.2M | $68.05M |
| 2018 | $582.38M | $105.27M | $118.93M |
| 2019 | $627.92M | $108.84M | $119.52M |
| 2020 | $844.45M | $164.38M | $212.16M |
| 2021 | $1.21B | $242.02M | $224.77M |
| 2022 | $1.79B | $437.67M | $187.83M |
| 2023 | $1.82B | $427.37M | $580.64M |
| 2024 | $2.21B | $1.79B | $642.29M |
| 2025 | $2.79B | $615.93M | $666.19M |
Revenue by segment
How Monolithic Power Systems, Inc. makes its money and how that has shifted. Names are as the company reports them.
- DC To DC Products94%
- Lighting Control Products6%
Figures as a table
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Share 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| DC To DC Products | $350.93M | $431.86M | $537.51M | $589.65M | $800.48M | $1.15B | $1.7B | $1.72B | 94.4% |
| Lighting Control Products | $37.74M | $39.07M | $44.87M | $38.27M | $43.97M | $60.47M | $97.55M | $102.45M | 5.6% |
| Total revenue | $388.67M | $470.93M | $582.38M | $627.92M | $844.45M | $1.21B | $1.79B | $1.82B | 100% |
Revenue by region
Where Monolithic Power Systems, Inc. generates its revenue.
- China55%
- Taiwan20%
- South Korea9%
- South East Asia5%
- Europe4%
- United States3%
- Other3%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| China | $245.17M | $257.79M | $334.73M | $382.74M | $516.52M | $700.99M | $938.95M | $934.77M | $1.18B | $1.54B | 55.3% |
| Taiwan | $45.41M | $83.36M | $75.31M | $73.8M | $109.26M | $169.13M | $233.04M | $307.5M | $577.96M | $550.11M | 19.7% |
| South Korea | $27.71M | $34.16M | $41.24M | $43.9M | $64.09M | $93.03M | $189.48M | $169.87M | $167.9M | $252.74M | 9.1% |
| South East Asia | $19.65M | $25.76M | $36.5M | $32.03M | $42.4M | $54.61M | $95.74M | $85.15M | $78.77M | $148.14M | 5.3% |
| Europe | $27.55M | $38.14M | $49.48M | $49.47M | $56.33M | $85.2M | $145.58M | $132.62M | $86.9M | $113.53M | 4.1% |
| United States | $8.57M | $11.11M | $17.62M | $17.84M | $20.1M | $35.77M | $99.8M | $97.29M | $55.24M | $96.74M | 3.5% |
| Other | $14.61M | $20.62M | $27.51M | $28.15M | $35.75M | $69.07M | $91.56M | $93.87M | $62.01M | $84.93M | 3% |
| Total revenue | $388.67M | $470.93M | $582.38M | $627.92M | $844.45M | $1.21B | $1.79B | $1.82B | $2.21B | $2.79B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 28 Oct 2026)
- Valuation signal Overvalued since 10 Nov 2026, previously Fairly valued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.