Monolithic Power Systems (MPWR) Tax Rate (2010 - 2026)
Monolithic Power Systems (MPWR) recorded Tax Rate of 20.03% in Q2 2026, down 3.71 percentage points from 23.73% a year earlier and down 1.82 percentage points from the prior quarter.
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Analysis
Monolithic Power Systems (MPWR) Tax Rate (2010 - 2026) Analysis & Trends
On a TTM basis, Monolithic Power Systems' Tax Rate came in at 18.53% as of Jun 30, 2026, up 158.80 percentage points year-over-year; for FY2025, it came in at 18.89%, up 196.78 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +15.96 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at -177.89% in FY2024 (-193.40 pp), 15.51% in FY2023 (-1.11 pp), 16.62% in FY2022 (+5.53 pp) and 11.09% in FY2021 (+8.16 pp).
- Quarterly Tax Rate has ranged from -640.11% in Q4 2024 to 23.73% in Q2 2025 over the past five years.
- On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of +1.32 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 658.28 percentage points in Q4 2025, against a drop of 659.05 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 21.85% (Q1 2026), 18.17% (Q4 2025) and 12.55% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 16.53% |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 18.05% |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 14.32% |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 14.99% |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 9.88% |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | - |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 10.87% |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 12.69% |
| 10 | Monolithic Power Systems | 70.75 Bn | 65.44 Bn | 541.07 Mn | 20.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.03% |
| Mar 31, 2026 | 21.85% |
| Dec 31, 2025 | 18.17% |
| Sep 30, 2025 | 12.55% |
| Jun 30, 2025 | 23.73% |
| Mar 31, 2025 | 22.33% |
| Sep 30, 2024 | 17.15% |
| Jun 30, 2024 | 19.11% |
| Mar 31, 2024 | 11.90% |
| Dec 31, 2023 | 18.94% |
| Sep 30, 2023 | 12.11% |
| Jun 30, 2023 | 16.32% |
| Mar 31, 2023 | 15.28% |
| Dec 31, 2022 | 15.39% |
| Sep 30, 2022 | 18.13% |
| Jun 30, 2022 | 16.17% |
| Mar 31, 2022 | 16.68% |
| Dec 31, 2021 | 11.34% |
| Sep 30, 2021 | 11.81% |
| Jun 30, 2021 | 13.35% |
API Access
Monolithic Power Systems Tax Rate 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=tax-rate&ticker=MPWR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MPWR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();