Information Technology · Semiconductors
Monolithic Power Systems: revenue, profit and dividends
In fiscal 2025, Monolithic Power Systems had revenue of $2.79B, up 23.7% a year on average since 2015, and net income of $621M (22.3% of revenue). Its dividend per share has gone up 8 years in a row, to $6.24. It has 18% more shares than in 2015.
Revenue, fiscal 2025
average annual revenue growth since 2015 · +26.4% vs 2024
- Ticker
- MPWR · Nasdaq
- Sector
- Information Technology
- Sub-industry
- Semiconductors
- Headquarters
- Kirkland, Washington
- Founded
- 1997
- In the S&P 500 since
- February 12, 2021
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- Monolithic Power Systems, Inc. · CIK 0001280452
Revenue and net income
Revenue went from $165M in 2009 to $2.79B in 2025.
Diluted earnings per share
Diluted EPS went from $0.54 in 2009 to $12.86 in 2025. Ten-year growth: 31.1% a year.
Dividends per share
Raised 8 years in a row, every year from 2018 to 2025. Ten-year growth: 22.8% a year.
Shares outstanding
18.2% more shares in 2025 than in 2015 (40.9M → 48.3M): new shares outweighed buybacks.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $666M in 2025, 23.9% of revenue.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $2.79B | $621M | 22.3% | $12.86 | $6.24 | 48.3M | $838M | $172M | $666M |
| 2024 | $2.21B | $1.59B | 72.1% | $32.60 | $5.00 | 48.8M | $788M | $146M | $642M |
| 2023 | $1.82B | $427M | 23.5% | $8.76 | $4.00 | 48.8M | $638M | $57.6M | $581M |
| 2022 | $1.79B | $438M | 24.4% | $9.05 | $3.00 | 48.4M | $247M | $58.8M | $188M |
| 2021 | $1.21B | $242M | 20.0% | $5.05 | $2.40 | 47.9M | $320M | $94.4M | $226M |
| 2020 | $844M | $164M | 19.5% | $3.50 | $2.00 | 47M | $268M | $55.6M | $212M |
| 2019 | $628M | $109M | 17.3% | $2.38 | $1.60 | 45.8M | $216M | $95.8M | $120M |
| 2018 | $582M | $105M | 18.1% | $2.36 | $1.20 | 44.6M | $141M | $22.5M | $119M |
| 2017 | $471M | $65.2M | 13.8% | $1.50 | $0.80 | 43.6M | $134M | $65.8M | $68.1M |
| 2016 | $389M | $52.7M | 13.6% | $1.26 | $0.80 | 41.9M | $108M | $37.1M | $70.7M |
| 2015 | $333M | $35.2M | 10.6% | $0.86 | $0.80 | 40.9M | $69.7M | $16M | $53.7M |
| 2014 | $283M | $35.5M | 12.6% | $0.89 | $0.45 | 39.8M | $74.1M | $9.51M | $64.6M |
| 2013 | $238M | $22.9M | 9.6% | $0.59 | — | 38.6M | $60.7M | $15.8M | $44.9M |
| 2012 | $214M | $15.8M | 7.4% | $0.43 | $1.00 | 36.2M | $24.9M | $21.1M | $3.85M |
| 2011 | $197M | $13.3M | 6.8% | $0.38 | — | 35.2M | $43.7M | $21M | $22.7M |
| 2010 | $219M | $29.6M | 13.5% | $0.78 | — | 37.8M | $48.5M | $22.8M | $25.7M |
| 2009 | $165M | $19.7M | 11.9% | $0.54 | — | 36.6M | $31.8M | $9.95M | $21.8M |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
About these figures
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Semiconductors companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.