MONOLITHIC POWER SYSTEMS INC
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 27, 2026
MPWR$1,388.05+16.6%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
(In thousands, except per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 (As Restated) | 2023 | |
| Revenue | $2,790,459 | $2,207,100 | $1,821,072 |
| Cost of revenue | 1,250,718 | 986,230 | 799,953 |
| Gross profit | 1,539,741 | 1,220,870 | 1,021,119 |
| Operating expenses: | |||
| Research and development | 382,263 | 324,748 | 263,643 |
| Selling, general and administrative | 428,842 | 356,764 | 275,740 |
| Total operating expenses | 811,105 | 681,512 | 539,383 |
| Operating income | 728,636 | 539,358 | 481,736 |
| Other income, net | 37,580 | 33,554 | 24,105 |
| Income before income taxes | 766,216 | 572,912 | 505,841 |
| Income tax expense (benefit), net | 144,733 | (1,019,146) | 78,467 |
| Net income | $621,483 | $1,592,058 | $427,374 |
| Net income per share: | |||
| Basic | $12.94 | $32.76 | $8.98 |
| Diluted | $12.86 | $32.60 | $8.76 |
| Weighted-average shares outstanding: | |||
| Basic | 48,035 | 48,599 | 47,610 |
| Diluted | 48,309 | 48,835 | 48,771 |
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