MONOLITHIC POWER SYSTEMS INC
For the period ended Mar 31, 2026. Filed May 4, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 4, 2026
MPWR$1,357.60-2.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
(In thousands)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities: | ||
| Net income | $193,226 | $135,052 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 15,106 | 11,449 |
| Loss on deferred compensation plan investments | 1,588 | 1,350 |
| Deferred taxes, net | (152) | 7,170 |
| Stock-based compensation expense | 41,098 | 52,806 |
| Other | (696) | (748) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (46,512) | (42,338) |
| Inventories | (54,507) | (35,180) |
| Other assets | 17,525 | 78,005 |
| Accounts payable | 29,730 | 21,296 |
| Accrued compensation and related benefits | 12,576 | 10,609 |
| Income tax liabilities | 25,973 | 21,471 |
| Other accrued liabilities | 15,298 | (4,555) |
| Net cash provided by operating activities | 250,253 | 256,387 |
| Cash flows from investing activities: | ||
| Purchases of property and equipment | (70,849) | (40,342) |
| Sales of property and equipment | 6,422 | - |
| Purchases of investments | (161,809) | (357,633) |
| Maturities and sales of investments | 14,437 | 141,065 |
| Contributions to deferred compensation plan | (523) | (575) |
| Net cash used in investing activities | (212,322) | (257,485) |
| Cash flows from financing activities: | ||
| Property and equipment purchased on extended payment terms | (2,697) | (1,243) |
| Proceeds from common stock issued | 5,830 | 5,335 |
| Dividends and dividend equivalents paid | (78,399) | (60,008) |
| Net cash used in financing activities | (75,266) | (55,916) |
| Effect of change in exchange rates | 961 | 2,555 |
| Net decrease in cash, cash equivalents and restricted cash | (36,374) | (54,459) |
| Cash, cash equivalents and restricted cash, beginning of period | 1,099,521 | 691,941 |
| Cash, cash equivalents and restricted cash, end of period | $1,063,147 | $637,482 |
| Reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheets: | ||
| Cash and cash equivalents | $1,062,930 | $637,354 |
| Restricted cash included in other long-term assets | 217 | 128 |
| Total cash, cash equivalents, and restricted cash | $1,063,147 | $637,482 |
| Supplemental disclosures for cash flow information: | ||
| Cash paid (refunded) for income taxes, net | $31,438 | $(218) |
| Non-cash investing and financing activities: | ||
| Liability accrued for property and equipment purchases | $11,038 | $14,611 |
| Liability accrued for dividends and dividend equivalents | $99,312 | $75,939 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.