Monolithic Power Systems (MPWR) Research & Development (2010 - 2026)
Monolithic Power Systems' Research & Development came in at $118.62 million for Q2 2026, up 23.2% from $96.27 million a year earlier and up 18.0% from the prior quarter.
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Analysis
Monolithic Power Systems (MPWR) Research & Development (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Monolithic Power Systems reported Research & Development of $412.95 million, up 14.9% year-over-year; for FY2025, it was $382.26 million, up 17.7% from FY2024.
- Research & Development has increased in each of the last 16 years, with a five-year compound annual growth rate of 22.7% (FY2020 to FY2025).
- Going back by year, Research & Development was $324.75 million in FY2024 (+23.2%), $263.64 million in FY2023 (+9.8%), $240.17 million in FY2022 (+26.0%) and $190.63 million in FY2021 (+38.5%).
- The Q2 2026 figure represents the highest quarterly Research & Development in data going back to Q2 2010.
- Year-over-year, Research & Development has increased for 11 consecutive quarters, with growth averaging 19.4% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in Q3 2022 (growth of 36.0%), and the weakest in Q3 2023 (a decline of 3.7%).
- Business Quant data shows MPWR's Research & Development at $100.57 million (Q1 2026), $95.6 million (Q4 2025) and $98.17 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 7.05 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 2.31 Bn |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 2.90 Bn |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 1.32 Bn |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 2.53 Bn |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 3.37 Bn |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 642.92 Mn |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 1.10 Bn |
| 10 | Monolithic Power Systems | 70.75 Bn | 65.44 Bn | 541.07 Mn | 118.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 118.62 Mn |
| Mar 31, 2026 | 100.57 Mn |
| Dec 31, 2025 | 95.60 Mn |
| Sep 30, 2025 | 98.17 Mn |
| Jun 30, 2025 | 96.27 Mn |
| Mar 31, 2025 | 92.23 Mn |
| Dec 31, 2024 | 85.76 Mn |
| Sep 30, 2024 | 85.05 Mn |
| Jun 30, 2024 | 77.95 Mn |
| Mar 31, 2024 | 75.99 Mn |
| Dec 31, 2023 | 71.46 Mn |
| Sep 30, 2023 | 64.79 Mn |
| Jun 30, 2023 | 63.69 Mn |
| Mar 31, 2023 | 63.71 Mn |
| Dec 31, 2022 | 61.67 Mn |
| Sep 30, 2022 | 67.26 Mn |
| Jun 30, 2022 | 57.13 Mn |
| Mar 31, 2022 | 54.10 Mn |
| Dec 31, 2021 | 54.51 Mn |
| Sep 30, 2021 | 49.47 Mn |
API Access
Monolithic Power Systems Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=MPWR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "MPWR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=MPWR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();