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
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