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Monolithic Power Systems, Inc. (MPWR)

Monolithic Power Systems designs power electronics built on semiconductors: chips and modules that convert and control the voltages inside electronic equipment. It was incorporated in 1997 and is fabless, which means third parties manufacture, assemble and test its chips for it. Its parts go into storage and computing, enterprise data, automotive, industrial, communications and consumer applications. At the end of 2025 it employed 4,501 people across Asia, Europe and the United States, up from 4,017 a year earlier.

Monolithic Power Systems, Inc.

Monolithic Power Systems designs power electronics built on semiconductors: chips and modules that convert and control the voltages inside electronic equipment. It was incorporated in 1997 and is fabless, which means third parties manufacture, assemble and test its chips for it. Its parts go into storage and computing, enterprise data, automotive, industrial, communications and consumer applications. At the end of 2025 it employed 4,501 people across Asia, Europe and the United States, up from 4,017 a year earlier.

What it makes

The filing divides semiconductors into discrete devices, such as individual transistors, and integrated circuits, where many transistors and other elements are combined into a more complicated circuit. Integrated circuits divide again into digital, which store or perform arithmetic on data represented as ones and zeroes; analog, which handle real world signals such as temperature, pressure, light, sound or speed, and which also perform power management functions such as regulating or converting voltages; and mixed analog-and-digital, which put both on a single chip. Monolithic Power works in analog and in mixed analog-and-digital parts.

Its product families include direct current to direct current conversion, alternating current to direct current, driver metal-oxide-semiconductor field-effect transistors, power management integrated circuits, current limit switches and lighting control products. The DC to DC products are the ones the filing sets out at length: they convert and control voltages within servers and workstations, AI systems, memory, storage, notebooks, infotainment, power sources, home appliances, network infrastructure and satellite communications. Product life cycles are typically over 10 years.

Where the parts end up

Six end markets, each reported as a share of total revenue. In 2025 storage and computing was the largest at 26.3%, covering memory, storage solutions, notebooks and graphics cards, closely followed by enterprise data at 25.2%, which is cloud-based and on-premises CPU servers and workstations and AI systems. Automotive was 21.2%, covering driver assistance systems, infotainment, USB connectors, body electronics, motion control and lighting. Communications was 11.1%, consumer 9.1% and industrial 7.1%. The mix moves year to year: enterprise data was 32.5% in 2024 and 17.7% in 2023.

How it is made

Third parties manufacture, assemble and test the chips. In contrast to many fabless semiconductor companies, which use the process technologies and design rules their foundry partners set, Monolithic Power developed its own process and packaging technologies and works with its foundry partners to install those technologies on equipment inside the foundries' facilities. Wafers are made under contract in China, Taiwan, South Korea and Singapore. They go on to facilities in China, Taiwan, Singapore, Malaysia and South Korea for wafer sort, the test that identifies non-functioning dies. Assembly and packaging is done by independent subcontractors in China, Taiwan, Malaysia and South Korea, and final testing happens in China, Taiwan, Singapore, Malaysia and South Korea. Typical supply chain lead times for orders run 16 to 26 weeks.

How it reaches the buyer

Selling these parts takes engineering. The company keeps a staff of applications engineers who work directly with its customers' engineers in the development of the systems' electronics that contain its products, and its product positioning is secured through that technical sales and applications engineering effort. The sale itself then goes to end customers primarily through third-party distributors and value-added resellers. That concentrates the customer list: in 2025 three distributors accounted for 26%, 18% and 10% of total revenue, and no other direct customer accounted for more than 10%. Distribution agreements generally provide for payment within 30 to 90 days from the date of invoice. Worldwide sales are primarily billed and payable in US dollars. Asia took 92% of total revenue in 2025, against 94% in 2024 and 87% in 2023.

What it owns

As of the end of 2025 the company had 2,231 patents issued or pending, of which 654 patents had been issued in the United States, scheduled to expire at various times through December 2045. It patents aspects of its circuit and device designs and keeps its manufacturing process technologies as trade secrets instead. The filing states that its patents are material to the business but that it does not rely on any one particular patent for its success.

From Monolithic Power Systems' annual report on Form 10-K for the year ended 31 December 2025. The filing

Compare with another name What $10,000 in Monolithic Power Systems became

Latest results

Latest quarterQ3 FY2026ended 30 September 2026 · 10-Q filed 3 November 2026
Revenue
$1.2 billion
+63.1% on the year · +22.6% on the quarter
Q4 FY2024Q3 FY2026
Net income
$271 million
+50.8% on the year · +5.4% on the quarter
Q4 FY2024Q3 FY2026
Diluted EPS
$5.51
+47.3% on the year · +5.6% on the quarter
Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

Last full yearFY2025ended 31 December 2025 · 10-K filed 27 February 2026
Revenue
$2.8 billion
+26.4% on the year
FY2018FY2025
Net income
$621 million
-61.0% on the year
FY2018FY2025
Diluted EPS
$12.86
-60.6% on the year
FY2018FY2025

this yearthe year beforeHover a bar for its figure.

The years before, in wordsMonolithic Power Systems (MPWR) reported revenue of $2.8 billion for fiscal 2025, the year ended 31 December 2025, up 26.4% on the year before. Net income was $621 million and diluted earnings per share $12.86. Revenue was $2.2 billion in fiscal 2024, $1.8 billion in fiscal 2023, $1.8 billion in fiscal 2022 and $1.2 billion in fiscal 2021. Net income in the same years was $1.6 billion, $427 million, $438 million and $242 million. Over the twelve months to 30 September 2026, Monolithic Power Systems reported revenue of $3.7 billion and net income of $893 million. Revenue grew 27.0% a year, compounded, over the five years to fiscal 2025. Monolithic Power Systems declared $7.56 a share in dividends over the last four quarters and had 49 million shares outstanding at the latest filed count. At 30 September 2026 it carried $0 million of debt and $561 million of cash. At the close of 6 November 2026 the market cap of Monolithic Power Systems was $58.0 billion, 65.6 times its earnings over the last twelve months.

Ratios

From the filings

ROE23.9%
ROCE29.5%
Operating margin29.5%
Net margin23.9%
FCF margin16.3%
Interest covern/a
Debt to equity0.00x
Cash conversion0.98x
Share count, last 12 months1.9%
Sales CAGR, 3 years15.9%
Profit CAGR, 3 years12.4%
EPS, TTM$18.11

At the close of 6 November 2026

Price$1,188.02
Market cap$58.0 billion
Stock P/E65.6x
Price to book15.5x
EV / EBITDA49.1x
Dividend yield0.6%
Market cap / sales15.5x
52-week high$1,689.89
52-week low$856.96
Price, 1 year24.0%
Price CAGR, 3 years34.1%
Price CAGR, 5 years16.8%

29 ready-made ratios, from FCF yield to net debt to EBITDA, wait on the Formulas page, each with what it tells you. Browse and add them →

Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Monolithic Power Systems, Inc.'s balance sheet shows no borrowings, so debt here is nil; lease liabilities are a separate line. Nothing here is a valuation or a view.
MPWRgreeksoup.ai
Daily prices to 6 November 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

Quarterly results

Q4 FY2021 *Q1 FY2022 †Q2 FY2022 †Q3 FY2022 †Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025 †Q2 FY2025 †Q3 FY2025 †Q4 FY2025 *Q1 FY2026Q2 FY2026Q3 FY2026
Revenue3373784614954604514414754544585076206226386657377518049811,202
Cost of revenue143159190205192192193211203205227277277284299331337359440537
Gross profit194219271291268259248264251252281343344353366406414445541666
Gross margin58%58%59%59%58%57%56%55%55%55%55%55%55%55%55%55%55%55%55%55%
R&D54.554.157.167.361.763.763.764.871.576.077.985.185.892.296.398.295.6101119141
SG&A61.268.671.971.866.170.871.763.270.181.086.194.495.392.2105113119103119167
Operating income78.696.114215213712411213611095.5117164163169165195200241304358
Operating margin23%25%31%31%30%28%25%29%24%21%23%26%26%26%25%26%27%30%31%30%
Pre-tax income82.095.5137152141130119138120105124174170174177206210247322367
Tax rate11%17%16%18%15%15%16%12%19%12%19%17%-755%22%24%13%18%22%20%26%
Net income72.779.611512411911099.512196.992.51001441,449135135180172193257271
Net margin22%21%25%25%26%24%23%26%21%20%20%23%233%21%20%24%23%24%26%23%
Diluted EPS$1.51$1.65$2.37$2.57$2.45$2.26$2.04$2.48$1.98$1.89$2.05$2.95$29.88$2.81$2.81$3.74$3.46$3.92$5.22$5.51
Operating cash flow28.2107105-18.252.221990.2176153248141232168256238239105250228290
Capital expenditure17.626.911.87.312.88.97.827.113.816.031.533.864.840.348.142.541.070.882.469.3
Free cash flow10.680.593.4-25.539.421082.414914023210919810321618919763.9179145221
Buybacksn/an/an/an/an/a0.00.00.03.74.14.55.56220.02.62.11.9n/an/a453
Dividends paid28.628.836.536.336.436.749.149.450.649.668.161.261.960.075.174.974.878.410198.5
Shares outstanding46m47m47m47m47m47m48m48m48m49m49m49m48m48m48m48m49m49m49m49m
Filing10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-K10-K10-K10-K10-Q10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss)

FY2009FY2010FY2011FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021 †FY2022 †FY2023 †FY2024 †FY2025TTM
Revenue1652191972142382833333894715826288441,2081,7941,8212,2072,7903,738
Cost of revenue67.397.494.91011101301531782132602823785227468009861,2511,672
Gross profit97.71211021131281531802112583233464666851,0491,0211,2211,5402,066
Gross margin59.2%55.5%51.7%52.9%53.7%54.0%54.1%54.3%54.8%55.4%55.2%55.2%56.8%58.4%56.1%55.3%55.2%55.3%
Research and development38.344.444.548.849.758.665.873.682.493.5108138191240264325382455
Selling, general and administrative36.841.240.350.054.666.872.383.097.3114134162232282276357429508
Operating income19.530.513.417.323.935.341.154.477.41131031592625274825397291,103
Operating margin11.8%13.9%6.8%8.1%10.0%12.5%12.3%14.0%16.4%19.5%16.3%18.8%21.7%29.4%26.5%24.4%26.1%29.5%
Pre-tax income20.131.413.717.924.036.442.557.382.91181131692725255065737661,145
Income tax0.51.90.42.11.10.97.34.517.713.24.35.030.287.378.5-1,019145252
Effective tax rate2.4%5.9%3.1%11.9%4.6%2.5%17.2%7.9%21.4%11.2%3.8%2.9%11.1%16.6%15.5%-177.9%18.9%22.0%
Net income19.729.613.315.822.935.535.252.765.21051091642424384271,592621893
Net margin11.9%13.5%6.8%7.4%9.6%12.6%10.6%13.6%13.8%18.1%17.3%19.5%20.0%24.4%23.5%72.1%22.3%23.9%
Diluted EPS$0.54$0.78$0.38$0.43$0.59$0.89$0.86$1.26$1.50$2.36$2.38$3.50$5.05$9.05$8.76$32.60$12.86$18.11
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by region FY2010 to FY2025

FY2010FY2011FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025Share
of the parts, latest year
China1051131241411812132452583353835177019399351,1781,54455.3%
Taiwan25.823.627.534.238.541.545.483.475.373.810916923330757855019.7%
South Korean/a14.2n/a10.014.420.527.734.241.243.964.193.01891701682539.1%
South East Asia10.214.821.621.814.018.619.625.836.532.042.454.695.785.278.81485.3%
Europe20.414.416.215.419.822.627.638.149.549.556.385.214613386.91144.1%
United States8.44.45.77.56.46.78.611.117.617.820.135.899.897.355.296.73.5%
Japan14.310.78.57.58.39.714.320.226.927.835.568.791.093.361.784.43.0%
Other Region0.70.90.60.30.20.30.30.40.70.30.30.40.50.50.30.5under 0.1%
KPn/an/a9.4n/an/an/an/an/an/an/an/an/an/an/an/an/an/a
Korea33.8n/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a
ChinaTaiwanSouth Korea FY2011 to FY2025South East AsiaEuropeUnited StatesJapanOther RegionKP FY2012Korea FY2010
197FY2011238FY2013333FY2015471FY2017628FY20191,208FY20211,821FY20232,790FY2025

$ million; hover a block for its figure and share; a part named with years is one the company split its revenue into only then

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow

FY2009FY2010FY2011FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021 †FY2022 †FY2023 †FY2024 †FY2025TTM
Operating cash flow31.848.543.724.960.774.169.7108134141216268320247638788838873
Capital expenditure10.022.821.021.115.89.516.037.165.822.595.855.694.458.857.6146172264
Free cash flow21.825.722.73.944.964.653.770.768.0119120212226188581642666609
Free cash flow margin13.2%11.8%11.5%1.8%18.9%22.9%16.1%18.2%14.4%20.4%19.2%25.1%18.7%10.5%31.9%29.1%23.9%16.3%
Cash from investing-82.1-33.836.2-26.8n/an/a-57.2-55.7-134-14.7-167-39.2-379-12.5-179223-157-597
Cash from financing13.6-14.0-32.0-19.6n/an/a-46.7-28.1-31.3-34.6-48.0-71.6-90.2-129-184-872-286-805
Depreciation and amortisation6.68.08.79.312.213.113.814.716.112.314.919.228.737.140.236.452.565.2
Share-based compensation14.616.813.118.720.733.541.645.052.660.678.785.6123161150206227254
Buybacksn/a31.538.5n/a20.641.232.3n/an/an/an/an/a0.00.03.76366.6n/a
Dividends paidn/an/an/a35.7n/an/an/an/a33.947.567.388.8109138186241285353
Dividend per sharen/an/an/a$1.00n/a$0.45$0.80$0.80$0.80$1.20$1.60$2.00$2.40$3.00$4.00$5.00$6.24$7.56
Diluted shares, weighted37m38m35m36m39m40m41m42m44m45m46m47m48m48m49m49m48m49m
Shares outstanding at period endn/a35m34m36m38m39m40m41m42m43m44m45m46m47m48m48m49m49m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet

FY2009FY2010FY2011FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021 †FY2022 †FY2023 †FY2024 †FY2025TTM
Funded by
Shareholders' equity2132472432583233463694315226407739671,2441,6692,0502,9513,5313,734
Debtn/a0.00.00.00.00.00.00.00.00.0n/an/a0.0n/a0.00.00.00.0
Operating lease liabilitiesn/an/an/an/an/an/an/an/an/a0.0n/an/an/a1.75.613.020.021.4
Other liabilitiesn/a34.731.028.945.552.962.880.0131153183242342389379552643917
Total liabilities and equityn/a2822742873693994315116537939561,2081,5862,0592,4343,5164,1944,673
Owned
Fixed assetsn/a37.347.859.464.862.965.485.2145150228282363357369495628822
Goodwilln/an/an/an/an/a6.66.66.66.66.66.66.66.66.66.625.925.925.9
Intangible assetsn/an/an/an/an/a6.85.13.01.00.1n/an/an/an/a0.09.98.87.9
Investmentsn/a14991.597.3135118149161222208286263538451581171157531
Cash and equivalents46.748.096.475.110112690.911382.81731733351892895286921,099561
Receivablesn/a18.315.119.423.725.630.834.238.055.252.766.8105183180173256462
Inventoryn/a25.820.132.139.740.963.271.599.3136128157259447384420565765
Other assetsn/a3.33.03.94.412.419.937.158.764.682.898.51253263861,5301,4551,499
Total assetsn/a2822742873693994315116537939561,2081,5862,0592,4343,5164,1944,673
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded23.7%27.0%15.9%40.5%
Profit growth, compounded33.3%30.5%12.4%-53.0%
Return on equity, average21.0%27.6%30.8%17.6%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Monolithic Power Systems' revenue in fiscal 2025?

Monolithic Power Systems (MPWR) reported revenue of $2.8 billion for fiscal 2025, the year ended 31 December 2025, up 26.4% on the year before.

How much did Monolithic Power Systems earn in fiscal 2025?

Net income was $621 million for fiscal 2025, and diluted earnings per share $12.86.

What is Monolithic Power Systems' P/E ratio?

At the close of 6 November 2026, Monolithic Power Systems traded at 65.6 times its earnings over the twelve months to 30 September 2026.

What is Monolithic Power Systems' market cap?

The market cap of Monolithic Power Systems was $58.0 billion at the close of 6 November 2026.

Does Monolithic Power Systems pay a dividend?

Yes. Monolithic Power Systems declared $7.56 a share in dividends over the four quarters to 30 September 2026.

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Analog Devices Inc. ADI$175.9 billion43.0712.3%35.5%33.6%0.271.2%
Marvell Technology, Inc. MRVL$123.7 billion46.5614.2%16.5%30.6%0.270.2%
Motorola Solutions, Inc. MSI$85.2 billion41.4067.9%24.2%11.4%3.290.9%
Northrop Grumman Corp. NOC$74.6 billion16.5924.2%10.6%6.5%0.811.8%
Vertiv Holdings Co. VRT$70.4 billion34.1738.1%20.1%35.3%0.530.1%
ASE Technology Holding Co., Ltd. ASX *$70.3 billion58.8911.7%8.0%8.4%0.741.1%
NXP Semiconductors N.V. NXPI$62.6 billion19.5126.7%33.0%14.6%0.911.6%
Monolithic Power Systems, Inc. MPWR$58.0 billion65.6023.9%29.5%40.5%0.000.6%
Garmin Ltd. GRMN$55.1 billion27.4221.1%28.8%13.6%0.001.4%
Lumentum Holdings Inc. LITE$48.7 billionn/a-143.9%23.5%103.2%0.31n/a
L3Harris Technologies, Inc. LHX$48.4 billion24.2610.1%10.7%7.3%0.541.9%
Nokia Corporation NOK *$42.7 billion57.113.1%4.4%3.5%0.162.0%
STMicroelectronics N.V. STM *$37.1 billion231.690.9%1.5%-11.1%0.120.9%
Ubiquiti Inc. UI$35.9 billion33.4763.7%36.9%29.4%0.000.6%
United Microelectronics Corporation UMC *$34.9 billion27.6111.0%18.5%2.3%0.17n/a
Telefonaktiebolaget LM Ericsson ERIC *$34.6 billion11.8526.0%16.3%-4.5%0.302.8%
Ciena Corp. CIEN$34.5 billion54.2521.4%12.3%32.6%1.06n/a
Astera Labs, Inc. ALAB$33.3 billion75.8523.1%25.5%115.2%0.00n/a
Microchip Technology Inc. MCHP$31.8 billion44.2012.6%20.9%33.0%0.833.1%
Teledyne Technologies Inc. TDY$28.6 billion28.279.2%20.0%8.6%0.18n/a
Celestica Inc. CLS$26.1 billion19.5520.0%8.3%61.6%0.13n/a
Flex Ltd. FLEX$25.8 billion25.1817.9%5.1%17.5%0.90n/a
Jabil Inc. JBL$25.0 billion24.4364.6%4.7%20.6%2.090.1%
ON Semiconductor Corp. ON$24.7 billion36.879.1%12.3%2.9%0.60n/a
Qnity Electronics, Inc. Q$24.4 billion43.967.4%n/an/a0.530.1%
Hubbell Inc. HUBB$22.7 billion25.1822.1%20.1%16.0%1.251.3%
Credo Technology Group Holding Ltd. CRDO$22.6 billion42.7719.7%31.7%165.1%0.00n/a
First Solar, Inc. FSLR$21.6 billion11.6417.1%37.7%-0.7%0.01n/a
Cerebras Systems Inc. CBRS$21.3 billionn/an/an/an/a0.10n/a
Macom Technology Solutions Holdings, Inc. MTSI$16.1 billion67.7915.6%18.1%28.4%0.22n/a
Nextpower Inc. NXT$15.8 billion26.4323.2%19.0%13.7%0.00n/a
Lattice Semiconductor Corp. LSCC$14.9 billion328.113.2%9.1%63.4%0.61n/a
Sitime Corp. SITM$12.6 billion443.470.8%0.9%142.6%0.38n/a
Skyworks Solutions, Inc. SWKS$12.4 billion42.585.1%7.6%0.1%0.093.5%
Fabrinet FN$11.7 billion24.6719.1%10.0%43.0%0.03n/a
Semtech Corp. SMTC$9.6 billion68.4420.6%8.0%17.8%0.66n/a
Leonardo Drs, Inc. DRS$9.1 billion25.0512.6%10.8%8.9%0.061.1%
Amkor Technology, Inc. AMKR$8.1 billion13.2312.9%9.5%15.7%0.521.0%
Rambus Inc. RMBS$8.0 billion30.6718.8%36.3%17.3%0.00n/a
Advanced Energy Industries Inc. AEIS$7.9 billion28.3118.2%16.0%31.7%0.800.2%
Silicon Laboratories Inc. SLAB$7.4 billionn/a-3.6%-5.1%21.7%0.00n/a
Sanmina Corp. SANM$7.2 billion24.0911.2%4.2%58.6%0.79n/a
TTM Technologies Inc. TTMI$7.0 billion26.5013.1%11.1%37.6%0.80n/a
Viavi Solutions Inc. VIAV$7.0 billion118.625.1%10.6%47.4%0.49n/a
Formfactor Inc. FORM$6.4 billion37.0414.7%18.3%29.1%0.01n/a
Esco Technologies Inc. ESE$6.0 billion18.9819.5%14.2%24.0%0.050.1%
Cirrus Logic, Inc. CRUS$5.7 billion14.3518.9%22.5%5.1%0.00n/a
Impinj Inc. PI$5.3 billionn/a-3.1%-0.7%7.7%0.62n/a
Allegro Microsystems, Inc. ALGM$5.2 billion187.673.1%7.5%27.9%0.28n/a
Plexus Corp. PLXS$5.1 billionn/an/an/an/a0.18n/a
Synaptics Inc. SYNA$4.6 billionn/a-53.2%-4.7%8.1%0.91n/a
Planet Labs PBC PL$4.6 billionn/a-63.8%-27.2%44.1%0.79n/a
Applied Optoelectronics, Inc. AAOI$4.5 billionn/a-1.5%-6.8%77.2%0.10n/a
Maxlinear, Inc. MXL$4.5 billionn/a-5.5%-0.9%56.0%0.31n/a
Mercury Systems Inc. MRCY$4.4 billionn/a-2.0%0.0%7.9%0.29n/a
Universal Display Corp. OLED$4.0 billion17.9013.8%34.6%-1.9%n/a2.2%
Enphase Energy, Inc. ENPH$3.8 billion42.497.3%4.2%-19.9%0.46n/a
Vishay Intertechnology Inc. VSH$3.7 billion37.563.2%5.2%17.6%0.251.7%
Diodes Inc. DIOD$3.5 billion31.145.9%7.3%24.2%0.21n/a
Kulicke & Soffa Industries Inc. KLIC$3.3 billion29.4912.7%13.2%44.4%0.001.3%
OSI Systems Inc. OSIS$3.1 billion21.0620.3%12.2%2.9%1.28n/a
Ondas Inc. ONDS$2.8 billionn/a10.6%-140.4%979.3%0.00n/a
IPG Photonics Corp. IPGP$2.8 billion69.601.9%1.9%14.8%0.00n/a
Ambarella Inc. AMBA$2.6 billionn/a-9.1%-14.9%20.0%0.00n/a
AXT Inc. AXTI$2.6 billion1,944.500.5%3.1%45.8%0.09n/a
Penguin Solutions, Inc. PENG$2.5 billion16.0734.7%9.6%26.5%1.51n/a
Intuitive Machines, Inc. LUNR$2.4 billionn/an/a-27.5%116.5%n/an/a
Power Integrations Inc. POWI$2.3 billion51.016.4%8.4%2.3%0.002.1%
Nlight, Inc. LASR$2.2 billionn/a-2.9%-6.0%39.6%0.00n/a
Benchmark Electronics Inc. BHE$2.2 billion38.945.0%3.5%12.9%0.141.1%
Ultra Clean Holdings, Inc. UCTT$1.9 billion72.113.7%4.3%15.8%0.87n/a
Vicor Corp. VICR$1.7 billion38.5519.9%24.9%27.0%0.00n/a
Solaredge Technologies, Inc. SEDG$1.7 billionn/a-54.0%-9.2%29.3%0.79n/a
Shoals Technologies Group, Inc. SHLS$1.7 billion43.835.9%11.2%49.2%0.26n/a
CTS Corp. CTS$1.7 billion22.8912.6%17.0%7.4%0.090.3%
Photronics Inc. PLAB$1.6 billion9.6412.9%22.5%1.2%0.00n/a
Navitas Semiconductor Corp. NVTS$1.6 billionn/a-42.9%-323.5%-28.6%0.00n/a
Nextnav Inc. NN$1.4 billionn/a-33.4%-1,900.4%-36.5%0.00n/a
Wolfspeed, Inc. WOLF$1.3 billionn/a-69.6%-80.3%-18.0%2.09n/a
Ichor Holdings, Ltd. ICHR$1.2 billion620.000.4%1.7%15.2%0.13n/a
Napco Security Technologies, Inc. NSSC$1.1 billion24.6022.1%22.7%8.7%0.002.0%
Harmonic Inc. HLIT$1.0 billionn/an/an/an/a0.09n/a
Ambiq Micro, Inc. AMBQ$930 millionn/a-9.1%-43.3%n/a0.00n/a
Array Technologies, Inc. ARRY$901 millionn/an/a-5.1%1.2%n/an/a
Arteris, Inc. AIP$884 millionn/a-63.3%-46.2%41.0%n/an/a
BlackSky Technology Inc. BKSY$876 millionn/a-14.0%-22.8%29.9%0.96n/a
Varex Imaging Corp. VREX$778 million35.484.5%8.3%5.3%0.70n/a
Alpha & Omega Semiconductor Ltd. AOSL$712 millionn/a-5.8%-7.1%-3.2%0.000.0%
T1 Energy Inc. TE$662 millionn/a-190.1%-22.4%427.0%2.730.0%
Unusual Machines, Inc. UMAC$594 millionn/a-9.0%-76.1%425.2%0.00n/a
Kopin Corp. KOPN$547 million75.7511.5%-22.9%-7.1%0.00n/a
Vishay Precision Group, Inc. VPG$541 millionn/a-1.0%1.1%11.6%0.05n/a
Lightpath Technologies Inc. LPTH$494 millionn/a-13.7%-27.4%92.8%0.00n/a
Kimball Electronics, Inc. KE$462 million22.933.5%4.4%-1.5%0.40n/a
indie Semiconductor, Inc. INDI$436 millionn/a-52.5%-59.3%13.9%1.50n/a
Clearfield, Inc. CLFD$389 millionn/a-2.9%-0.2%-1.4%0.00n/a
Methode Electronics Inc. MEI$384 millionn/a-5.5%0.4%1.4%0.471.9%
NVE Corp. NVEC$368 million20.5730.8%61.6%24.1%0.005.3%
Adtran Holdings, Inc. ADTN$329 millionn/a-20.9%0.0%10.1%2.32n/a
Everspin Technologies Inc. MRAM$284 millionn/a-3.6%-15.5%20.9%0.010.0%
Turtle Beach Corp. TBCH$273 millionn/a-0.6%3.2%-13.0%0.93n/a
Nano Dimension Ltd. NNDM$262 millionn/a-34.4%-117.3%n/a0.04n/a
M-tron Industries, Inc. MPTI$261 million22.078.0%18.5%11.8%0.00n/a
BK Technologies Corp. BKTI$251 million19.5726.2%17.9%15.7%0.00n/a
Aviat Networks, Inc. AVNW$226 million93.110.9%4.4%1.2%0.36n/a
Vuzix Corp. VUZI$160 millionn/a-145.3%-521.9%6.8%0.00n/a
Quicklogic Corp. QUIK$147 millionn/an/an/an/a0.24n/a
Espey MFG & Electronics Corp. ESP$141 million12.0218.5%25.1%4.9%0.002.1%
Aeluma, Inc. ALMU$135 millionn/a-16.1%-228.3%-4.4%0.00n/a
Atomera Inc. ATOM$117 millionn/a-69.6%-10,969.4%476.3%0.00n/a
GSI Technology Inc. GSIT$116 millionn/a-22.8%-100.8%2.9%0.00n/a
GCT Semiconductor Holding, Inc. GCTS$106 millionn/an/a-852.0%-32.8%n/an/a
Magnachip Semiconductor Corp. MX$91 millionn/a-12.3%-24.2%-12.8%0.19n/a
R F Industries Ltd. RFIL$72 million30.146.3%4.6%13.0%0.15n/a
Kulr Technology Group, Inc. KULR$68 millionn/a-140.9%-270.6%24.6%0.28n/a
Inseego Corp. INSG$64 millionn/an/a-10.4%-3.6%n/an/a
AmpliTech Group, Inc. AMPG$59 millionn/a-17.1%-34.7%24.2%0.00n/a
Tigo Energy, Inc. TYGO$57 million4.3527.3%-3.7%15.3%0.05n/a
LGL Group Inc. LGL$43 millionn/a-0.5%-21.8%9.3%0.00n/a
72 companies share its SEC industry code (Semiconductors & Related Devices); the rest are the names nearest in size in its wider industry, Electronic Equipment, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

The public record on MPWR

Dividends$7.56 a share over the four quarters to 30 September 2026, a 0.64% yield
Filings17 in twelve months: 9 current reports (8-K), about 4 results of operations; 4 other events; 2 officer or director change; 1 shareholder vote; 1 financial statements not to be relied on
Planned insider sales54 Form 144 notices in twelve months, $740.1 million; latest 28 September 2026
Options tapeput/call 1.02 by open interest at the 6 November 2026 close; the straddle prices a 10.9% move to 20 November 2026
13F holders1,254 funds reported a position for the quarter to 30 June 2026; largest BlackRock, Inc.
Insider trading290 sales and 0 purchases on Form 4 in twelve months
Congress1 House trade disclosed in six months
Short interest1.6 million shares short, 2.33 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Filings

FilingPeriodFiledWhere
10-Q30 September 20263 November 2026EDGAR
10-Q30 June 20265 August 2026EDGAR
10-Q31 March 20264 May 2026EDGAR
10-K31 December 202527 February 2026EDGAR
10-Q30 September 20255 November 2025EDGAR
10-Q30 June 20254 August 2025EDGAR
10-Q31 March 20255 May 2025EDGAR
10-K31 December 20243 March 2025EDGAR
10-Q30 September 20246 November 2024EDGAR
10-Q30 June 20242 August 2024EDGAR

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