Monolithic Power Systems (MPWR) Operating Expenses (2010 - 2026)

Monolithic Power Systems' (MPWR) quarterly Operating Expenses came in at $203.9 million in Q1 2026, up 10.54% year-on-year from $184.5 million in Q1 2025, and down 4.86% quarter-over-quarter from $214.3 million in Q4 2025.

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 $203.9 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $203.9 million, up 10.54% year-over-year; the trailing twelve-month figure through Mar 2026 was $830.5 million (up 17.14% YoY), and the FY2025 annual result was $811.1 million, up 19.02% from the prior year.
  • Operating Expenses came in at $203.9 million for Q1 2026 at Monolithic Power Systems, down from $214.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $214.3 million in Q4 2025 to a low of $122.7 million in Q1 2022.
  • The 5-year median for Operating Expenses is $157.0 million (2024), against an average of $162.2 million.
  • Across the five-year window, Operating Expenses slipped 7.95% in 2023 and jumped 40.2% in 2024, its largest moves.
  • Monolithic Power Systems' 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 fell by 4.86% to $203.9 million in 2026.
  • The last three Operating Expenses figures came in at $203.9 million (Q1 2026), $214.3 million (Q4 2025), and $211.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Nvidia 5,119.49 Bn 5,076.01 Bn 61.16 Bn 7.62 Bn
2 Broadcom 1,946.04 Bn 1,926.41 Bn 15.42 Bn 4.63 Bn
3 Micron Technology 1,288.71 Bn 1,274.12 Bn 17.76 Bn 1.59 Bn
4 Taiwan Semiconductor Manufacturing 1,080.21 Bn 983.26 Bn 23.77 Bn 2.97 Bn
5 Advanced Micro Devices 879.94 Bn 867.59 Bn 5.42 Bn 3.94 Bn
6 Intel 681.83 Bn 662.64 Bn 5.35 Bn 8.48 Bn
7 Texas Instruments 293.38 Bn 288.27 Bn 2.80 Bn 991.00 Mn
8 Marvell Technology 274.06 Bn 270.21 Bn 1.26 Bn 921.40 Mn
9 Qualcomm 241.64 Bn 231.84 Bn 4.16 Bn 8.29 Bn
10 Monolithic Power Systems 77.51 Bn 76.70 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