Monolithic Power Systems (MPWR) Operating Expenses (2010 - 2026)
Monolithic Power Systems' (MPWR) quarterly Operating Expenses came in at $237.2 million in Q2 2026, up 17.85% year-over-year from $201.3 million in Q2 2025, and up 16.31% quarter-over-quarter from $203.9 million in Q1 2026.
Analysis
Monolithic Power Systems (MPWR) Operating Expenses (2010 - 2026) Analysis & Trends
Monolithic Power Systems has disclosed Operating Expenses across 17 years of filings, most recently posting $237.2 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 17.85% year-over-year to $237.2 million; the TTM figure through Jun 2026 stood at $866.5 million (up 16.11% YoY), while the FY2025 annual figure was $811.1 million, up 19.02% from the prior year.
- Operating Expenses came in at $237.2 million for Q2 2026 at Monolithic Power Systems, up from $203.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $237.2 million in Q2 2026 to a low of $122.7 million in Q1 2022.
- Average Operating Expenses over 5 years is $166.4 million, with a median of $160.5 million recorded in 2024.
- Year-over-year, Operating Expenses dropped 7.95% in 2023 and surged 40.2% in 2024.
- Over 5 years, Operating Expenses stood at $130.9 million in 2022, then gained by 8.12% to $141.6 million in 2023, then gained by 27.94% to $181.1 million in 2024, then grew by 18.35% to $214.3 million in 2025, then gained by 10.66% to $237.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $237.2 million in Q2 2026, $203.9 million in Q1 2026, and $214.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,551.68 Bn | 5,486.45 Bn | 72.14 Bn | 8.41 Bn |
| 2 | Broadcom | 1,702.84 Bn | 1,683.21 Bn | 15.42 Bn | 4.63 Bn |
| 3 | Advanced Micro Devices | 779.39 Bn | 766.28 Bn | 6.20 Bn | 4.21 Bn |
| 4 | Arm Holdings | 267.47 Bn | 263.58 Bn | 1.25 Bn | -1.16 Bn |
| 5 | Marvell Technology | 196.03 Bn | 192.10 Bn | 1.46 Bn | 995.90 Mn |
| 6 | Qualcomm | 178.36 Bn | 170.05 Bn | 5.28 Bn | 8.32 Bn |
| 7 | Monolithic Power Systems | 60.14 Bn | 58.73 Bn | 541.07 Mn | 237.18 Mn |
| 8 | Astera Labs | 53.85 Bn | 52.60 Bn | 287.57 Mn | 198.32 Mn |
| 9 | Credo Technology Group Holding | 32.03 Bn | 31.26 Bn | 309.08 Mn | 188.38 Mn |
| 10 | Sitime | 16.23 Bn | 14.31 Bn | 99.14 Mn | 90.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 237.18 Mn |
| 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 |