
Monolithic Power Systems Inc
NASDAQ:MPWR

Income Statement
Earnings Waterfall
Monolithic Power Systems Inc
Revenue
|
2.2B
USD
|
Cost of Revenue
|
-986.2m
USD
|
Gross Profit
|
1.2B
USD
|
Operating Expenses
|
-681.1m
USD
|
Operating Income
|
539.8m
USD
|
Other Expenses
|
1.2B
USD
|
Net Income
|
1.8B
USD
|
Income Statement
Monolithic Power Systems Inc
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
283
N/A
|
296
+5%
|
309
+4%
|
322
+4%
|
333
+4%
|
344
+3%
|
357
+4%
|
372
+4%
|
389
+4%
|
405
+4%
|
423
+4%
|
445
+5%
|
471
+6%
|
500
+6%
|
527
+6%
|
558
+6%
|
582
+4%
|
595
+2%
|
606
+2%
|
615
+1%
|
628
+2%
|
652
+4%
|
688
+5%
|
778
+13%
|
845
+9%
|
933
+10%
|
1 040
+11%
|
1 104
+6%
|
1 208
+9%
|
1 331
+10%
|
1 499
+13%
|
1 671
+11%
|
1 794
+7%
|
1 868
+4%
|
1 848
-1%
|
1 827
-1%
|
1 821
0%
|
1 828
+0%
|
1 894
+4%
|
2 039
+8%
|
2 207
+8%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(130)
|
(136)
|
(142)
|
(148)
|
(153)
|
(158)
|
(164)
|
(171)
|
(178)
|
(184)
|
(192)
|
(202)
|
(213)
|
(225)
|
(236)
|
(249)
|
(260)
|
(266)
|
(271)
|
(276)
|
(282)
|
(293)
|
(308)
|
(349)
|
(379)
|
(418)
|
(463)
|
(484)
|
(522)
|
(568)
|
(629)
|
(696)
|
(746)
|
(779)
|
(783)
|
(789)
|
(800)
|
(813)
|
(846)
|
(912)
|
(986)
|
|
Gross Profit |
153
N/A
|
160
+5%
|
167
+4%
|
174
+4%
|
180
+3%
|
186
+3%
|
193
+4%
|
201
+4%
|
211
+5%
|
220
+4%
|
231
+5%
|
244
+6%
|
258
+6%
|
275
+6%
|
291
+6%
|
309
+6%
|
323
+4%
|
329
+2%
|
335
+2%
|
339
+1%
|
346
+2%
|
360
+4%
|
379
+5%
|
429
+13%
|
466
+9%
|
516
+11%
|
577
+12%
|
621
+8%
|
686
+10%
|
763
+11%
|
870
+14%
|
975
+12%
|
1 049
+8%
|
1 089
+4%
|
1 065
-2%
|
1 038
-3%
|
1 021
-2%
|
1 015
-1%
|
1 048
+3%
|
1 128
+8%
|
1 221
+8%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(125)
|
(127)
|
(131)
|
(135)
|
(138)
|
(140)
|
(145)
|
(152)
|
(157)
|
(163)
|
(169)
|
(173)
|
(180)
|
(188)
|
(194)
|
(202)
|
(207)
|
(214)
|
(225)
|
(232)
|
(241)
|
(243)
|
(253)
|
(272)
|
(299)
|
(335)
|
(364)
|
(389)
|
(417)
|
(445)
|
(471)
|
(502)
|
(514)
|
(534)
|
(540)
|
(529)
|
(539)
|
(561)
|
(590)
|
(642)
|
(681)
|
|
Selling, General & Administrative |
(67)
|
(68)
|
(69)
|
(71)
|
(72)
|
(73)
|
(76)
|
(80)
|
(83)
|
(87)
|
(92)
|
(95)
|
(97)
|
(103)
|
(105)
|
(110)
|
(114)
|
(117)
|
(124)
|
(129)
|
(134)
|
(135)
|
(141)
|
(150)
|
(162)
|
(181)
|
(197)
|
(210)
|
(226)
|
(242)
|
(255)
|
(269)
|
(274)
|
(277)
|
(278)
|
(272)
|
(276)
|
(286)
|
(300)
|
(331)
|
(356)
|
|
Research & Development |
(59)
|
(59)
|
(61)
|
(64)
|
(66)
|
(67)
|
(69)
|
(72)
|
(74)
|
(75)
|
(78)
|
(79)
|
(82)
|
(85)
|
(88)
|
(92)
|
(94)
|
(97)
|
(101)
|
(103)
|
(108)
|
(108)
|
(112)
|
(122)
|
(138)
|
(154)
|
(167)
|
(179)
|
(191)
|
(203)
|
(215)
|
(233)
|
(240)
|
(250)
|
(256)
|
(254)
|
(264)
|
(276)
|
(290)
|
(310)
|
(325)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
(5)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
27
N/A
|
33
+21%
|
37
+11%
|
39
+7%
|
42
+7%
|
46
+10%
|
47
+2%
|
49
+4%
|
54
+10%
|
58
+6%
|
62
+7%
|
71
+15%
|
79
+11%
|
87
+11%
|
98
+12%
|
107
+10%
|
115
+8%
|
115
-1%
|
110
-4%
|
107
-3%
|
105
-2%
|
116
+11%
|
126
+8%
|
157
+25%
|
167
+6%
|
181
+9%
|
213
+18%
|
232
+9%
|
269
+16%
|
319
+19%
|
400
+25%
|
473
+18%
|
535
+13%
|
555
+4%
|
525
-5%
|
509
-3%
|
482
-5%
|
453
-6%
|
458
+1%
|
486
+6%
|
540
+11%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
2
|
1
|
1
|
1
|
1
|
2
|
3
|
3
|
4
|
4
|
4
|
5
|
5
|
6
|
7
|
7
|
8
|
7
|
7
|
7
|
8
|
8
|
8
|
8
|
8
|
8
|
9
|
11
|
12
|
13
|
15
|
15
|
16
|
20
|
22
|
25
|
27
|
26
|
27
|
27
|
|
Non-Reccuring Items |
8
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(5)
|
(6)
|
(7)
|
(8)
|
(7)
|
(7)
|
(8)
|
(6)
|
(6)
|
(6)
|
(5)
|
(8)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
(0)
|
(0)
|
0
|
(2)
|
0
|
1
|
(0)
|
3
|
(3)
|
(1)
|
1
|
3
|
7
|
5
|
2
|
(1)
|
(6)
|
(15)
|
(17)
|
(17)
|
(12)
|
(4)
|
(4)
|
(1)
|
1
|
3
|
10
|
6
|
|
Pre-Tax Income |
36
N/A
|
34
-8%
|
37
+10%
|
40
+7%
|
43
+7%
|
47
+10%
|
49
+4%
|
51
+5%
|
57
+12%
|
61
+7%
|
65
+7%
|
75
+14%
|
83
+11%
|
91
+9%
|
101
+12%
|
113
+11%
|
119
+5%
|
121
+2%
|
116
-4%
|
112
-3%
|
113
+1%
|
117
+4%
|
128
+9%
|
158
+24%
|
169
+7%
|
189
+12%
|
219
+16%
|
235
+7%
|
272
+16%
|
319
+17%
|
392
+23%
|
466
+19%
|
525
+13%
|
559
+7%
|
541
-3%
|
527
-3%
|
506
-4%
|
481
-5%
|
487
+1%
|
523
+7%
|
573
+10%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(3)
|
(6)
|
(7)
|
(7)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(5)
|
34
|
36
|
34
|
31
|
(12)
|
(12)
|
(11)
|
(9)
|
(2)
|
3
|
2
|
(2)
|
(5)
|
(15)
|
(20)
|
(23)
|
(30)
|
(43)
|
(57)
|
(75)
|
(87)
|
(91)
|
(88)
|
(78)
|
(78)
|
(71)
|
(76)
|
(89)
|
1 214
|
|
Income from Continuing Operations |
36
|
33
|
34
|
34
|
35
|
40
|
43
|
46
|
53
|
57
|
61
|
70
|
117
|
126
|
135
|
143
|
107
|
109
|
106
|
103
|
111
|
120
|
130
|
156
|
164
|
174
|
199
|
212
|
242
|
276
|
336
|
391
|
438
|
468
|
453
|
450
|
427
|
410
|
411
|
434
|
1 787
|
|
Net Income (Common) |
36
N/A
|
33
-8%
|
34
+5%
|
34
N/A
|
35
+4%
|
40
+13%
|
43
+8%
|
46
+7%
|
53
+14%
|
57
+8%
|
61
+7%
|
70
+15%
|
65
-6%
|
73
+11%
|
82
+13%
|
90
+10%
|
105
+17%
|
110
+4%
|
106
-3%
|
104
-2%
|
109
+5%
|
118
+9%
|
128
+8%
|
154
+20%
|
164
+7%
|
174
+6%
|
199
+14%
|
212
+7%
|
242
+14%
|
276
+14%
|
336
+22%
|
391
+17%
|
438
+12%
|
468
+7%
|
453
-3%
|
450
-1%
|
427
-5%
|
410
-4%
|
411
+0%
|
434
+6%
|
1 787
+311%
|
|
EPS (Diluted) |
0.89
N/A
|
0.81
-9%
|
0.84
+4%
|
0.84
N/A
|
0.86
+2%
|
0.96
+12%
|
1.04
+8%
|
1.1
+6%
|
1.26
+15%
|
1.3
+3%
|
1.41
+8%
|
1.61
+14%
|
1.49
-7%
|
1.63
+9%
|
1.84
+13%
|
2
+9%
|
2.36
+18%
|
2.44
+3%
|
2.34
-4%
|
2.27
-3%
|
2.37
+4%
|
2.53
+7%
|
2.73
+8%
|
3.27
+20%
|
3.5
+7%
|
3.64
+4%
|
4.16
+14%
|
4.45
+7%
|
5.05
+13%
|
5.72
+13%
|
6.97
+22%
|
8.1
+16%
|
9.05
+12%
|
9.6
+6%
|
9.27
-3%
|
9.23
0%
|
8.76
-5%
|
8.39
-4%
|
8.4
+0%
|
8.87
+6%
|
36.59
+313%
|