Monolithic Power Systems (MPWR) Tax Rate (2010 - 2026)
Monolithic Power Systems (MPWR) posted Tax Rate of 21.83% for Q1 2026, up 20.13% sequentially from 18.17% in Q4 2025, and down 51.0% YoY from 44.55% in Q1 2025.
Monolithic Power Systems (MPWR) Tax Rate (2010 - 2026) Analysis & Trends
Monolithic Power Systems (MPWR) has 17 years of Tax Rate data on file, last reported at 21.83% in Q1 2026.
- Quarterly Tax Rate fell 51.0% year-over-year to 21.83% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 19.04% (up 362.0% YoY) and the FY2025 annual result came in at 18.89%, up 622.0% from the prior year.
- Tax Rate grew to 21.83% in Q1 2026 per MPWR's latest filing, from 18.17% in the prior quarter.
- The five-year high for Tax Rate was 23.71% in Q2 2025, with the low at 46.59% in Q4 2022.
- Average Tax Rate over 5 years is 9.5%, with a median of 16.29% recorded in 2023.
- Year-over-year, Tax Rate slumped 5793 bps in 2022 and surged 4110 bps in 2024.
- Monolithic Power Systems' Tax Rate stood at 46.59% in 2022, then grew by 20 bps to 37.22% in 2023, then jumped by 110 bps to 3.88% in 2024, then jumped by 368 bps to 18.17% in 2025, then rose by 20 bps to 21.83% in 2026.
- Business Quant data shows MPWR's Tax Rate at 21.83% in Q1 2026, 18.17% in Q4 2025, and 12.55% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 4,798.43 Bn | 4,754.95 Bn | 61.16 Bn | 16.59% |
| 2 | Micron Technology | 1,164.41 Bn | 1,138.39 Bn | 35.06 Bn | 14.99% |
| 3 | Advanced Micro Devices | 882.18 Bn | 869.83 Bn | 5.42 Bn | 14.84% |
| 4 | Intel | 645.64 Bn | 626.45 Bn | 5.35 Bn | -8.49% |
| 5 | Aeluma | 370.26 Bn | 370.22 Bn | 386,000.00 | - |
| 6 | Arm Holdings | 358.73 Bn | 355.13 Bn | 1.46 Bn | -34.93% |
| 7 | Texas Instruments | 271.25 Bn | 266.15 Bn | 2.80 Bn | 9.86% |
| 8 | Marvell Technology | 239.95 Bn | 236.10 Bn | 1.26 Bn | 58.58% |
| 9 | Qualcomm | 193.93 Bn | 184.13 Bn | 4.16 Bn | -230.20% |
| 10 | Monolithic Power Systems | 65.38 Bn | 64.57 Bn | 445.07 Mn | 21.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.83% |
| Mar 31, 2026 | 21.83% |
| Dec 31, 2025 | 18.17% |
| Dec 31, 2025 | 18.17% |
| Sep 30, 2025 | 12.55% |
| Sep 30, 2025 | 12.55% |
| Jun 30, 2025 | 23.71% |
| Jun 30, 2025 | 23.71% |
| Mar 31, 2025 | 22.33% |
| Mar 31, 2025 | 22.33% |
| Dec 31, 2024 | 3.88% |
| Dec 31, 2024 | 3.88% |
| Sep 30, 2024 | 17.15% |
| Sep 30, 2024 | 17.15% |
| Jun 30, 2024 | 19.09% |
| Jun 30, 2024 | 19.09% |
| Mar 31, 2024 | 11.90% |
| Mar 31, 2024 | 11.90% |
| Dec 31, 2023 | -37.22% |
| Dec 31, 2023 | -37.22% |