Monolithic Power Systems (MPWR) Tax Rate (2010 - 2026)
Monolithic Power Systems' (MPWR) quarterly Tax Rate came in at 20.03% in Q2 2026, down 371.0% year-over-year from 7.39% in Q2 2025, and down 8.33% quarter-over-quarter from 21.85% in Q1 2026.
Analysis
Monolithic Power Systems (MPWR) Tax Rate (2010 - 2026) Analysis & Trends
Monolithic Power Systems has disclosed Tax Rate across 17 years of filings, most recently posting 20.03% for Q2 2026.
- In Q2 2026, Tax Rate fell 371.0% year-over-year to 20.03%; the TTM figure through Jun 2026 stood at 18.0% (up 14951.0% YoY), while the FY2025 annual figure was 18.19%, up 18278.0% from the prior year.
- Tax Rate came in at 20.03% for Q2 2026 at Monolithic Power Systems, down from 21.85% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 23.73% in Q2 2025 to a low of 502.88% in Q4 2024.
- Average Tax Rate over 5 years is 11.6%, with a median of 16.75% recorded in 2022.
- Year-over-year, Tax Rate slumped 51970 bps in 2024 and soared 51942 bps in 2025.
- Over 5 years, Tax Rate stood at 17.3% in 2022, then declined by 3 bps to 16.82% in 2023, then plunged by 3090 bps to 502.88% in 2024, then surged by 103 bps to 16.54% in 2025, then climbed by 21 bps to 20.03% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 20.03% in Q2 2026, 21.85% in Q1 2026, and 16.54% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,260.79 Bn | 5,195.56 Bn | 72.14 Bn | 16.53% |
| 2 | Broadcom | 1,728.14 Bn | 1,704.17 Bn | 20.46 Bn | 14.32% |
| 3 | Advanced Micro Devices | 842.32 Bn | 829.21 Bn | 6.20 Bn | 9.88% |
| 4 | Arm Holdings | 280.94 Bn | 277.05 Bn | 1.25 Bn | 6.72% |
| 5 | Marvell Technology | 207.04 Bn | 203.10 Bn | 1.46 Bn | 18.58% |
| 6 | Qualcomm | 192.34 Bn | 184.04 Bn | 5.28 Bn | 18.68% |
| 7 | Monolithic Power Systems | 60.66 Bn | 59.25 Bn | 541.07 Mn | 20.03% |
| 8 | Astera Labs | 50.52 Bn | 49.27 Bn | 287.57 Mn | -48.88% |
| 9 | Credo Technology Group Holding | 30.60 Bn | 29.83 Bn | 309.08 Mn | -0.45% |
| 10 | Sitime | 16.85 Bn | 14.93 Bn | 99.14 Mn | 0.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.03% |
| Mar 31, 2026 | 21.85% |
| Dec 31, 2025 | 16.54% |
| Sep 30, 2025 | 12.55% |
| Jun 30, 2025 | 23.73% |
| Mar 31, 2025 | 22.33% |
| Dec 31, 2024 | -502.88% |
| Sep 30, 2024 | 17.15% |
| Jun 30, 2024 | 19.11% |
| Mar 31, 2024 | 11.90% |
| Dec 31, 2023 | 16.82% |
| Sep 30, 2023 | 12.11% |
| Jun 30, 2023 | 16.32% |
| Mar 31, 2023 | 15.28% |
| Dec 31, 2022 | 17.30% |
| Sep 30, 2022 | 18.13% |
| Jun 30, 2022 | 16.17% |
| Mar 31, 2022 | 16.68% |
| Dec 31, 2021 | 9.53% |
| Sep 30, 2021 | 11.81% |