Monolithic Power System Inc MPWR Stock Analysis
- Nasdaq
- Stock
- Market closed · opens Monday 9:30 AM ET
$1,231.74 down $17.47, 1.40% on Oct 16
Last price · Previous close $1,249.20
- Market cap
- At the last price
- P/E ratio
- 74.97On last 12 months’ EPS
- Diluted EPS
- $16.43Last 12 months
- Dividend yield
- 0.61%Last 12 months
Price chart
$1,231.74down $17.47, 1.40%Fri, Oct 16 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$1,249.20Oct 15
- Volume991.56KOct 15 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume764.49KLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $833.18 to $1,714.09; now $1,231.74
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the last price. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
MPWR beat the S&P 500 in 6 of 7 periods.
| Period | MPWR and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | MPWR: up 7.5% S&P 500: up 1.5% | MPWR beat the S&P 500 by 6.0 percentage points Beat |
| 3M | MPWR: down 5.5% S&P 500: up 1.9% | MPWR trailed the S&P 500 by 7.4 percentage points Trailed |
| YTD | MPWR: up 36.5% S&P 500: up 12.8% | MPWR beat the S&P 500 by 23.7 percentage points Beat |
| 1Y | MPWR: up 20.7% S&P 500: up 16.8% | MPWR beat the S&P 500 by 3.9 percentage points Beat |
| Long term | ||
| 3Y | MPWR: up 160.5% S&P 500: up 81.5% +37.6% vs +22.0% a year | MPWR beat the S&P 500 by 79.0 percentage points Beat |
| 5Y | MPWR: up 165.5% S&P 500: up 83.1% +21.6% vs +12.9% a year | MPWR beat the S&P 500 by 82.4 percentage points Beat |
| 10Y | MPWR: up 1,629.3% S&P 500: up 319.6% +33.0% vs +15.4% a year | MPWR beat the S&P 500 by 1,309.7 percentage points Beat |
$10,000 invested in MPWR 10 years ago (Oct 14, 2016) would be worth about $172,930 as of , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,964.
MPWR beat the S&P 500 in 6 of 7 periods.
| Period | MPWR and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | MPWR: up 7.3% S&P 500: up 1.2% | MPWR beat the S&P 500 by 6.1 percentage points Beat |
| 3M | MPWR: down 5.7% S&P 500: up 1.7% | MPWR trailed the S&P 500 by 7.4 percentage points Trailed |
| YTD | MPWR: up 35.9% S&P 500: up 11.9% | MPWR beat the S&P 500 by 24.0 percentage points Beat |
| 1Y | MPWR: up 20.0% S&P 500: up 15.5% | MPWR beat the S&P 500 by 4.5 percentage points Beat |
| Long term | ||
| 3Y | MPWR: up 155.0% S&P 500: up 75.0% +36.6% vs +20.5% a year | MPWR beat the S&P 500 by 80.0 percentage points Beat |
| 5Y | MPWR: up 156.1% S&P 500: up 71.2% +20.7% vs +11.4% a year | MPWR beat the S&P 500 by 84.9 percentage points Beat |
| 10Y | MPWR: up 1,496.1% S&P 500: up 258.1% +31.9% vs +13.6% a year | MPWR beat the S&P 500 by 1,238.0 percentage points Beat |
$10,000 invested in MPWR 10 years ago (Oct 14, 2016) would be worth about $159,613 as of , not counting dividends. The same amount in the S&P 500 would be worth about $35,813.
All-time high
$1,689.89
Closing high on . Now 27.1% below that record.
Split-adjusted daily closes since Nov 19, 2004.
Stock splits
MPWR hasn’t split since its price history begins in 2004.
Valuation
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q2 FY26, the quarter ended Jun 30, 2026. “Last 12 months” means the four quarters from Jul 1, 2025 to Jun 30, 2026, and balance-sheet figures are as of Jun 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $3.27Bup 28.7%
- Net income
- $804.49Mdown 51.8%
- Diluted EPS
- $16.43down 52.1%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q3 FY24 (Sep 30, 2024) | $620.12M | $144.43M | $2.95 |
| Q4 FY24 (Dec 31, 2024) | $621.67M | $1.25B | $25.71 |
| Q1 FY25 (Mar 31, 2025) | $637.55M | $135.05M | $2.81 |
| Q2 FY25 (Jun 30, 2025) | $664.57M | $135.01M | $2.81 |
| Q3 FY25 (Sep 30, 2025) | $737.18M | $178.27M | $3.71 |
| Q4 FY25 (Dec 31, 2025) | $751.16M | $175.69M | $3.58 |
| Q1 FY26 (Mar 31, 2026) | $804.19M | $193.23M | $3.92 |
| Q2 FY26 (Jun 30, 2026) | $980.64M | $257.30M | $5.22 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $1.21B | $242.02M | $5.05 |
| FY22 (Dec 31, 2022) | $1.79B | $437.67M | $9.05 |
| FY23 (Dec 31, 2023) | $1.82B | $427.37M | $8.76 |
| FY24 (Dec 31, 2024) | $2.21B | $1.59B | $32.60 |
| FY25 (Dec 31, 2025) | $2.79B | $621.48M | $12.86 |
Margins
- Gross 55.2%
- Operating 28.7%
- Net 24.6%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $585.54MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$822.34MLast 12 months
- Capital spending$236.80MLast 12 months
- 17.9%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $1.67MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$329.22MLast 12 months
- Total returned$329.22MLast 12 months
56% of free cash flow
Balance sheet
- $1.41BAs of Jun 30, 2026
Cash plus short- and long-term marketable securities on the Jun 30, 2026 balance sheet.
- Total debt$0.00As of Jun 30, 2026
- Net cash$1.41BAs of Jun 30, 2026
- 4.98As of Jun 30, 2026
Current assets divided by current liabilities on the Jun 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.00As of Jun 30, 2026
Total debt divided by shareholders’ equity on the Jun 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 4 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✗Return on assets improved: not passed
- ✓Operating cash flow exceeded net income: passed
- ✓Long-term debt fell relative to assets: passed
- ✗Current ratio improved: not passed
- ✗Share count didn’t rise: not passed
- ✗Gross margin improved: not passed
- ✗Asset turnover (revenue ÷ assets) improved: not passed
- 21.9%Last 12 months
Over the last 12 months, Monolithic Power System’s net income was 21.9% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 18.4%Last 12 months
Over the last 12 months, Monolithic Power System’s net income was 18.4% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $0.80 |
| 2017 | $0.80 |
| 2018 | $1.20 |
| 2019 | $1.60 |
| 2020 | $2.00 |
| 2021 | $2.40 |
| 2022 | $3.00 |
| 2023 | $4.00 |
| 2024 | $5.00 |
| 2025 | $6.24 |
| 2026 (to date) | $6.00 |
Dividend details
- $7.56Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- Dividend yield0.61%Last 12 months
- $2.00Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
- FrequencyQuarterly4 payments in the last 12 months
- up 25.6% a yearFull years 2020–2025
The compound annual growth rate of the full-year dividend per share from 2020 to 2025.
- 8 yearsThrough 2025
How many calendar years in a row the full-year amount has risen, through 2025.
- 46.0%Last 12 months
The share of earnings paid out as dividends over the last 12 months. Lower ratios leave more room to reinvest or raise the dividend.
Payout = Dividends per share ÷ Diluted EPS (both last 12 months)Payout ratio calculator
About Monolithic Power System Inc
Monolithic Power Systems, Inc. (“MPS”) is a fabless global company that provides high-performance, semiconductor-based power electronics solutions. MPS’s mission is to reduce energy and material consumption to improve all aspects of quality of life and create a sustainable future. Founded in 1997 by our CEO Michael Hsing, MPS has three core strengths: deep system-level knowledge, strong semiconductor design expertise, and innovative proprietary technologies in the areas of semiconductor processes, system integration, and packaging. These combined advantages enable MPS to deliver reliable, compact, and monolithic solutions that are highly energy-efficient, cost-effective, and environmentally responsible while providing a consistent return on investment to our stockholders. MPS can be contacted through its website at www.monolithicpower.com or its support offices around the world. ### Monolithic Power Systems, MPS, and the MPS logo are registered trademarks of Monolithic Power Systems, Inc. in the U.S. and trademarked in certain other countries.
- Sector
- Technology
- Industry
- Semiconductors
- Headquarters
- Washington, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- Nasdaq
- Asset type
- Common stock
- Price history since
MPWR news
Explore more stocks
Prices are from the last refresh. Open any stock for its live dashboard.
Popular stocks
MPWR stock FAQ
What is MPWR stock’s price today?
Monolithic Power System (MPWR) traded at $1,231.74 as of , down $17.47 (1.40%) from the previous close of $1,249.20. Over the past 52 weeks it has traded between $833.18 and $1,714.09.
If you invested $1,000 in MPWR 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in MPWR on would be worth about $17,293 as of , a total return of +1,629.3%. The same $1,000 would be worth $2,655 if invested five years ago, $1,207 if invested one year ago, and $113,702 if invested 20 years ago. Past performance doesn’t predict future returns.
What is MPWR’s P/E ratio?
MPWR trades at 75.0 times its diluted earnings over the four quarters to ($16.43 per share), at the last price on . (How the P/E ratio works.)
How much revenue does Monolithic Power System make?
Monolithic Power System reported $3.3 billion of revenue over the four quarters to , up 28.7% from the twelve months before. In its latest quarter (Q2 FY26, ended ) revenue was $980.6 million, up 47.6% from a year earlier.
Is Monolithic Power System profitable?
Yes. Monolithic Power System earned $804.5 million of net income over the four quarters to , a net margin of 24.6%, and its operating margin was 28.7% (what margins tell you).
What are MPWR’s earnings per share?
MPWR’s diluted earnings per share were $16.43 over the four quarters to , compared with $34.28 in the twelve months before. The latest quarter (Q2 FY26) brought $5.22 per share, against $2.81 a year earlier (how EPS works).
Does MPWR pay a dividend?
Yes. Monolithic Power System pays a quarterly dividend. The most recent was $2.00 per share, with an ex-dividend date of . Over the last twelve months it paid $7.56 per share, a 0.61% yield at the last price on , and the full-year dividend has risen 8 years in a row (how dividend yield works).
Based on the last 12 months’ payments ($7.56 per share), and if the next 12 months match the last 12, 100 shares would receive about $756 over 12 months, and $1,000 over 12 months would take about 133 shares, roughly $163,821 at the last price on . Dividends can change.
What is MPWR’s 52-week high and low?
Over the past 52 weeks MPWR has traded as low as $833.18 and as high as $1,714.09. At $1,231.74 as of , it is 28.1% below that high and 47.8% above the low.
What is MPWR’s all-time high?
MPWR’s highest closing price was $1,689.89 on , adjusted for stock splits. At $1,231.74 as of , it is 27.1% below that record.
Has MPWR stock ever split?
No. MPWR hasn’t split since its price history begins in 2004.
How has MPWR stock performed?
Including dividends and measured to the last price on , MPWR has returned +36.5% so far this year and +20.7% over the past year, and +165.5% over five years (+21.6% a year). Over the same periods the S&P 500, measured by SPY, returned +12.8%, +16.8% and +83.1%. Past performance doesn’t predict future returns.
What sector and industry is Monolithic Power System in?
Monolithic Power System is in the Technology sector and the Semiconductors industry, and is headquartered in Washington, USA.
What exchange does MPWR trade on?
Monolithic Power System trades on the Nasdaq under the ticker symbol MPWR. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
The Interactive Brokers word and logo are trademarks of Interactive Brokers LLC (or its subsidiaries) in the US and/or elsewhere. All rights reserved.