# Monolithic Power Systems, Inc. (MPWR) · Edgar & Edgarette company card

> Monolithic Power Systems (MPWR) grew revenue 26.4% in FY2025 to $2.8 billion, operating margin 26.1% against a 2.4% median for semiconductors & related devices, equity 84.2% of assets, and dividend per share up 8 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1280452 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/MPWR) · [JSON](https://www.pops4.com/boards/company/MPWR.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $2.8B |
| Revenue growth, 1 year | 26.4% |
| Revenue growth per year | 23.3% |
| Operating margin | 26.1% (prior year 24.4%) |
| Net margin | 22.3% |
| Operating cash flow | $838M |
| Capital spending | $172M |
| Free cash flow | $666M |
| Cash | $1.1B |
| Long-term debt | — |
| Total assets | $4.2B |
| Total equity | $3.5B |
| Equity ÷ assets | 84.2% |
| Return on equity | 17.6% |
| Dividend per share | $6.24 |
| Dividend years rising | 8 |

## Readings, computed from those figures

- Altman Z: 11.63 (safe zone)
- Piotroski F: 7 of 9 (solid)
- Beneish M: -2.43 (below the −1.78 line)
- Health Harbor boat: Sound ship · one warning sign · filed earlier statements no longer to be relied on in the last 12 months
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $2.8B (FY2025). Experience: revenue up 26.4% on the year, up 23.3% a year over 4 years; operating margin 26.1%, up from 24.4%. Soundness: equity 84.2% of assets, return on equity 17.6%, payout 45.8% of profit, dividend per share up 8 years running. Credibility: four or more audited years, moderate weight, marked down from reasonable: on 2026-02-27 the company said earlier statements should no longer be relied on (8-K Item 4.02), and no 10-K has been filed since. Range: 80% of past cases like this landed between $2.7B and $4.0B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $2.4B to $4.6B. A statistical range, not company guidance. Against peers (63 filers, $50M+ revenue, semiconductors & related devices): operating margin 26.1% against a 2.4% median; growth 26.4% against 15.5%.

Range logged 2026-09-29, receipt 5fbadccad2567e15, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 4.02 Earlier statements no longer to be relied on: 1, latest 2026-02-27 ([filing](https://www.sec.gov/Archives/edgar/data/1280452/000143774926006112/0001437749-26-006112-index.htm))
- Item 5.02 Director or officer change: 2, latest 2026-10-29 ([filing](https://www.sec.gov/Archives/edgar/data/1280452/000162828026068202/0001628280-26-068202-index.htm))

## Recent filings

- 10-Q · filed 2026-11-03 · [filing](https://www.sec.gov/Archives/edgar/data/1280452/000162828026069440/0001628280-26-069440-index.htm)
- 8-K · filed 2026-10-29 · 2.02 Results of Operations and Financial Condition; 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1280452/000162828026068202/0001628280-26-068202-index.htm)
- 8-K · filed 2026-09-10 · 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1280452/000162828026061318/0001628280-26-061318-index.htm)
- 10-Q · filed 2026-08-05 · [filing](https://www.sec.gov/Archives/edgar/data/1280452/000162828026053275/0001628280-26-053275-index.htm)
- 8-K · filed 2026-07-30 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1280452/000162828026051029/0001628280-26-051029-index.htm)
- 8-K · filed 2026-06-12 · 5.07 Submission of Matters to a Vote of Security Holders; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1280452/000162828026042820/0001628280-26-042820-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001280452.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1280452

## Cite

POPS4, Edgar & Edgarette: Monolithic Power Systems, Inc. (MPWR) company card, from the company's own SEC filings, accessed 2026-11-05, https://www.pops4.com/boards/company/MPWR. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.