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 (MPWR) has 17 years of Operating Expenses data on file, last reported 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.
  • The five-year high for Operating Expenses was $214.3 million in Q4 2025, with the low at $122.7 million in Q1 2022.
  • Average Operating Expenses over 5 years is $162.2 million, with a median of $157.0 million recorded in 2024.
  • Year-over-year, Operating Expenses retreated 7.95% in 2023 and surged 40.2% in 2024.
  • Monolithic Power Systems' Operating Expenses stood at $130.9 million in 2022, then grew by 8.12% to $141.6 million in 2023, then grew by 27.94% to $181.1 million in 2024, then gained by 18.35% to $214.3 million in 2025, then slipped by 4.86% to $203.9 million in 2026.
  • Business Quant data shows MPWR's Operating Expenses at $203.9 million in Q1 2026, $214.3 million in Q4 2025, and $211.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Nvidia 4,798.43 Bn 4,754.95 Bn 61.16 Bn 7.62 Bn
2 Micron Technology 1,164.41 Bn 1,138.39 Bn 35.06 Bn 1.72 Bn
3 Advanced Micro Devices 882.18 Bn 869.83 Bn 5.42 Bn 3.94 Bn
4 Intel 645.64 Bn 626.45 Bn 5.35 Bn 8.48 Bn
5 Aeluma 370.26 Bn 370.22 Bn 386,000.00 2.13 Mn
6 Arm Holdings 358.73 Bn 355.13 Bn 1.46 Bn -1.02 Bn
7 Texas Instruments 271.25 Bn 266.15 Bn 2.80 Bn 991.00 Mn
8 Marvell Technology 239.95 Bn 236.10 Bn 1.26 Bn 921.40 Mn
9 Qualcomm 193.93 Bn 184.13 Bn 4.16 Bn 8.29 Bn
10 Monolithic Power Systems 65.38 Bn 64.57 Bn 445.07 Mn 203.91 Mn

Historic Data

Download Data
DateValue
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