Monolithic Power Systems (MPWR) Tax Rate (2010 - 2026)
Monolithic Power Systems' (MPWR) quarterly Tax Rate came in at 21.83% in Q1 2026, down 51.0% year-on-year from 44.55% in Q1 2025, and up 20.13% quarter-over-quarter from 18.17% in Q4 2025.
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 21.83% for Q1 2026.
- Tax Rate for Q1 2026 came in at 21.83%, down 51.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.04% (up 362.0% YoY), and the FY2025 annual result was 18.89%, up 622.0% from the prior year.
- Tax Rate came in at 21.83% for Q1 2026 at Monolithic Power Systems, up from 18.17% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 23.71% in Q2 2025 to a low of 46.59% in Q4 2022.
- The 5-year median for Tax Rate is 16.29% (2023), against an average of 9.5%.
- Across the five-year window, Tax Rate plunged 5793 bps in 2022 and jumped 4110 bps in 2024, its largest moves.
- Monolithic Power Systems' Tax Rate stood at 46.59% in 2022, then gained 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 climbed by 20 bps to 21.83% in 2026.
- The last three Tax Rate figures came in at 21.83% (Q1 2026), 18.17% (Q4 2025), and 12.55% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,119.49 Bn | 5,076.01 Bn | 61.16 Bn | 16.59 |
| 2 | Broadcom | 1,946.04 Bn | 1,926.41 Bn | 15.42 Bn | 8.09 |
| 3 | Micron Technology | 1,288.71 Bn | 1,274.12 Bn | 17.76 Bn | 14.67 |
| 4 | Taiwan Semiconductor Manufacturing | 1,080.21 Bn | 983.26 Bn | 23.77 Bn | 16.72 |
| 5 | Advanced Micro Devices | 879.94 Bn | 867.59 Bn | 5.42 Bn | 14.84 |
| 6 | Intel | 681.83 Bn | 662.64 Bn | 5.35 Bn | -8.49 |
| 7 | Texas Instruments | 293.38 Bn | 288.27 Bn | 2.80 Bn | 9.86 |
| 8 | Marvell Technology | 274.06 Bn | 270.21 Bn | 1.26 Bn | 58.58 |
| 9 | Qualcomm | 241.64 Bn | 231.84 Bn | 4.16 Bn | -230.20 |
| 10 | Monolithic Power Systems | 77.51 Bn | 76.70 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% |