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
DateValue
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%