Monolithic Power Systems (MPWR) Operating Expenses (2010 - 2026)
Monolithic Power Systems (MPWR) posted Operating Expenses of $203.9 million for Q1 2026, down 4.86% sequentially from $214.3 million in Q4 2025, and up 10.54% YoY from $184.5 million in Q1 2025.
Monolithic Power Systems (MPWR) Operating Expenses (2010 - 2026) Analysis & Trends
Monolithic Power Systems has reported Operating Expenses for 17 years, with the latest figure at $203.9 million in Q1 2026.
- Quarterly Operating Expenses rose 10.54% year-over-year to $203.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $830.5 million (up 17.14% YoY) and the FY2025 annual result came in at $811.1 million, up 19.02% from the prior year.
- Operating Expenses fell to $203.9 million in Q1 2026 per MPWR's latest filing, from $214.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $214.3 million in Q4 2025 and troughed at $122.7 million in Q1 2022.
- A 5-year average of $162.2 million and a median of $157.0 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses declined 7.95% in 2023, then soared 40.2% in 2024.
- Over 5 years, Operating Expenses stood at $130.9 million in 2022, then climbed by 8.12% to $141.6 million in 2023, then climbed by 27.94% to $181.1 million in 2024, then rose by 18.35% to $214.3 million in 2025, then decreased by 4.86% to $203.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $203.9 million, $214.3 million, and $211.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 10,545.90 Bn | 10,447.64 Bn | 23.77 Bn | 2.97 Bn |
| 2 | Nvidia | 5,009.72 Bn | 4,966.24 Bn | 61.16 Bn | 7.62 Bn |
| 3 | Broadcom | 1,857.88 Bn | 1,838.25 Bn | 15.42 Bn | 4.63 Bn |
| 4 | Micron Technology | 938.47 Bn | 912.45 Bn | 35.06 Bn | 1.72 Bn |
| 5 | Advanced Micro Devices | 789.52 Bn | 777.17 Bn | 5.42 Bn | 3.94 Bn |
| 6 | Intel | 463.88 Bn | 434.15 Bn | 6.51 Bn | 4.71 Bn |
| 7 | Aeluma | 302.44 Bn | 302.40 Bn | 386,000.00 | 2.13 Mn |
| 8 | Arm Holdings | 254.34 Bn | 250.45 Bn | 1.25 Bn | -1.16 Bn |
| 9 | Texas Instruments | 245.02 Bn | 238.02 Bn | 3.35 Bn | 1.04 Bn |
| 10 | Monolithic Power Systems | 65.86 Bn | 64.49 Bn | 445.07 Mn | 203.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 203.91 Mn |
| Dec 31, 2025 | 214.33 Mn |
| Sep 30, 2025 | 211.05 Mn |
| Jun 30, 2025 | 201.26 Mn |
| Mar 31, 2025 | 184.47 Mn |
| Dec 31, 2024 | 181.10 Mn |
| Sep 30, 2024 | 179.42 Mn |
| Jun 30, 2024 | 164.04 Mn |
| Mar 31, 2024 | 156.95 Mn |
| Dec 31, 2023 | 141.55 Mn |
| Sep 30, 2023 | 127.98 Mn |
| Jun 30, 2023 | 135.35 Mn |
| Mar 31, 2023 | 134.50 Mn |
| Dec 31, 2022 | 130.92 Mn |
| Sep 30, 2022 | 139.03 Mn |
| Jun 30, 2022 | 129.07 Mn |
| Mar 31, 2022 | 122.75 Mn |
| Dec 31, 2021 | 115.30 Mn |
| Sep 30, 2021 | 109.18 Mn |
| Jun 30, 2021 | 103.59 Mn |