The company delivered robust revenue and earnings growth in Q2 2025, driven by strength in storage and computing, automotive, and communications segments. Margins remained stable, and net income improved significantly year-over-year.
Monolithic Power Systems delivered robust Q1 2025 results with revenue rising to $637.6M and EPS hitting $2.79 GAAP ($4.04 non-GAAP), supported by notable year-over-year growth in storage, automotive, and communications markets.
Monolithic Power Systems reported strong Q4 2024 results with revenue of $621.7 million, reflecting a 36.9% YoY increase. Adjusted EPS was $4.09, significantly higher than the prior year. The company benefited from higher demand across multiple segments, with notable growth in enterprise data and automotive markets.
Monolithic Power Systems announced revenue of $620.1 million for Q3 2024, a 30.6% increase year-over-year. GAAP net income was $144.4 million, or $2.95 per diluted share, compared to $121.2 million, or $2.48 per diluted share, for the same quarter last year.
Monolithic Power Systems announced financial results for the quarter ended June 30, 2024, with revenue reaching $507.4 million, a 15.0% increase compared to the same quarter last year. GAAP net income was $100.4 million, or $2.05 per diluted share, slightly up from $99.5 million, or $2.04 per diluted share, in Q2 2023.
Monolithic Power Systems announced its financial results for the first quarter ended March 31, 2024, with revenue up slightly by 1.5% year-over-year to $457.9 million. However, the company's GAAP gross margin decreased to 55.1% compared to 57.4% in the same quarter last year. GAAP net income also declined to $92.5 million, or $1.89 per diluted share, from $109.8 million, or $2.26 per diluted share, in Q1 2023.
Monolithic Power Systems reported Q4 2023 revenue of $454.0 million, a 1.3% decrease year-over-year. GAAP net income was $96.9 million, or $1.98 per diluted share, while non-GAAP net income was $140.9 million, or $2.88 per diluted share. The company's Board of Directors approved an increase in the quarterly cash dividend from $1.00 per share to $1.25 per share.
Monolithic Power Systems reported revenue of $474.9 million for Q3 2023, a 7.6% increase from the previous quarter and a 4.1% decrease from Q3 2022. GAAP net income was $121.2 million, or $2.48 per diluted share, compared to $124.3 million, or $2.57 per diluted share, in Q3 2022.
Monolithic Power Systems (MPS) announced its financial results for the quarter ended June 30, 2023, with revenue at $441.1 million, a 4.3% decrease compared to the same quarter last year. GAAP net income was $99.5 million, or $2.04 per diluted share, also down from $114.7 million, or $2.37 per diluted share, in Q2 2022.
Monolithic Power Systems (MPS) announced its Q1 2023 financial results, revealing a 19.4% increase in revenue compared to Q1 2022, reaching $451.1 million, but a slight decrease compared to the previous quarter. GAAP net income increased to $109.8 million or $2.26 per diluted share, compared to $79.6 million or $1.65 per diluted share for the same period last year. The company remains cautious about near-term business conditions but is focused on long-term growth.
Monolithic Power Systems (MPS) announced its financial results for the fourth quarter and year ended December 31, 2022. The company reported revenue of $460.0 million for the quarter, a 36.7% increase compared to the same quarter last year. GAAP net income was $119.1 million, or $2.45 per diluted share, while non-GAAP net income was $154.0 million, or $3.17 per diluted share. The Board of Directors approved an increase in the quarterly cash dividend from $0.75 per share to $1.00 per share.
Monolithic Power Systems announced its financial results for the quarter ended September 30, 2022, with revenue reaching $495.4 million, a 53.1% increase compared to the same quarter last year. GAAP net income was $124.3 million, or $2.57 per diluted share, while non-GAAP net income was $170.7 million, or $3.53 per diluted share.
Monolithic Power Systems announced financial results for the quarter ended June 30, 2022, with revenue reaching $461.0 million, a 57.2% increase compared to the same quarter last year. GAAP net income was $114.7 million, or $2.37 per diluted share, compared to $55.2 million, or $1.16 per diluted share, for the quarter ended June 30, 2021.
Monolithic Power Systems (MPS) reported a strong first quarter in 2022, with revenue reaching $377.7 million, a 48.4% increase year-over-year. The company's GAAP gross margin improved to 57.9%, and GAAP net income was $79.6 million, or $1.65 per diluted share.
Monolithic Power Systems (MPS) announced its Q4 and full-year 2021 financial results, demonstrating significant revenue and earnings growth. Q4 revenue reached $336.5 million, a 44.4% increase year-over-year, while GAAP net income was $72.7 million, or $1.51 per diluted share. The company's performance was supported by a 40% increase in fab and assembly capacity.
Monolithic Power Systems reported revenue of $323.5 million for the quarter ended September 30, 2021, a 24.7% increase compared to the same quarter last year. GAAP net income was $68.8 million, or $1.44 per diluted share.
Monolithic Power Systems reported a strong second quarter in 2021, with revenue reaching $293.3 million, a 57.5% increase compared to the same quarter last year. GAAP net income was $55.2 million, or $1.16 per diluted share, up from $30.2 million, or $0.64 per diluted share, in Q2 2020.
Monolithic Power Systems (MPS) announced strong financial results for the first quarter ended March 31, 2021, with revenue reaching $254.5 million, a 53.5% increase year-over-year. The company's GAAP net income was $45.4 million, or $0.95 per diluted share, compared to $35.8 million, or $0.77 per diluted share, in the same quarter of the previous year. MPS provided financial targets for the second quarter ending June 30, 2021, including revenue in the range of $274 million to $286 million.
Monolithic Power Systems (MPS) announced financial results for the quarter and year ended December 31, 2020. Revenue for Q4 2020 was $233.0 million, a 39.8% increase compared to Q4 2019. GAAP net income was $42.9 million, or $0.90 per diluted share, compared to $32.4 million, or $0.70 per diluted share, for Q4 2019.
Monolithic Power Systems (MPS) announced financial results for the quarter ended June 30, 2020. Revenue was $186.2 million, a 23.3% increase from the quarter ended June 30, 2019. GAAP net income was $30.2 million, or $0.64 per diluted share.
Monolithic Power Systems announced revenue of $165.8 million for the quarter ended March 31, 2020, a 0.6% decrease from the previous quarter and a 17.3% increase year-over-year. GAAP earnings per share were $0.77, while non-GAAP earnings per share were $0.95.
Monolithic Power Systems reported revenue of $166.7 million for the quarter ended December 31, 2019, an 8.6% increase from $153.5 million for the quarter ended December 31, 2018. GAAP earnings per share were $0.70 per diluted share for the quarter ended December 31, 2019, compared to $0.61 per diluted share for the quarter ended December 31, 2018.