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| 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 |