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
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%