Monolithic Power Systems, Inc.

NasdaqGS:MPWR Stock Report

Market Cap: US$51.7b

Monolithic Power Systems Future Growth

Future criteria checks 5/6

Monolithic Power Systems is forecast to grow earnings and revenue by 21.2% and 15.7% per annum respectively. EPS is expected to grow by 20.7% per annum. Return on equity is forecast to be 27.4% in 3 years.

Key information

21.2%

Earnings growth rate

20.70%

EPS growth rate

Semiconductor earnings growth24.6%
Revenue growth rate15.7%
Future return on equity27.38%
Analyst coverage

Good

Last updated19 Mar 2026

Recent future growth updates

Recent updates

Monolithic Power Systems: Robust Growth, But Price Is Stretched

Mar 11

Monolithic Power Systems (MPWR) Powering the Hyperscale Era: The Efficiency Moat

Monolithic Power Systems (MPWR) is currently operating at the peak of its powers, with the stock trading at $1,204.10 as of the market close on February 20, 2026. The company recently capped off a stellar 2025, reporting record full-year revenue of $2.8 billion —a 26.4% year-over-year increase—driven primarily by its dominance in the AI data center space.

Monolithic Power Systems (NASDAQ:MPWR) Is Paying Out A Larger Dividend Than Last Year

Feb 11
Monolithic Power Systems (NASDAQ:MPWR) Is Paying Out A Larger Dividend Than Last Year

Monolithic Power Systems, Inc. (NASDAQ:MPWR) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

Jan 30
Monolithic Power Systems, Inc. (NASDAQ:MPWR) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected

Here's Why We Think Monolithic Power Systems (NASDAQ:MPWR) Might Deserve Your Attention Today

Jan 07
Here's Why We Think Monolithic Power Systems (NASDAQ:MPWR) Might Deserve Your Attention Today

Monolithic Power Systems (NASDAQ:MPWR) Shareholders Will Want The ROCE Trajectory To Continue

Jul 15
Monolithic Power Systems (NASDAQ:MPWR) Shareholders Will Want The ROCE Trajectory To Continue

At US$719, Is It Time To Put Monolithic Power Systems, Inc. (NASDAQ:MPWR) On Your Watch List?

Jun 13
At US$719, Is It Time To Put Monolithic Power Systems, Inc. (NASDAQ:MPWR) On Your Watch List?

Monolithic Power Systems, Inc.'s (NASDAQ:MPWR) Shareholders Might Be Looking For Exit

Apr 30
Monolithic Power Systems, Inc.'s (NASDAQ:MPWR) Shareholders Might Be Looking For Exit

Monolithic Power Systems: I See The Valuation Multiple Contracting Going Forward

Mar 29

Monolithic Power: An Undervalued Growth Stock With Strong Dividend Potential

Feb 24

Monolithic Power Systems: A Rare Buying Opportunity

Jan 16

Earnings and Revenue Growth Forecasts

NasdaqGS:MPWR - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20284,8051,3601,3001,5534
12/31/20273,9801,0391,1231,22315
12/31/20263,3888459481,04215
12/31/20252,790621663838N/A
9/30/20252,6611,895721901N/A
6/30/20252,5441,861722893N/A
3/31/20252,3871,828626797N/A
12/31/20242,2071,592624788N/A
9/30/20242,039434661774N/A
6/30/20241,894411612718N/A
3/31/20241,828410603667N/A
12/31/20231,821427581638N/A
9/30/20231,827450480537N/A
6/30/20231,848453306343N/A
3/31/20231,867468317358N/A
12/31/20221,794438188247N/A
9/30/20221,671391159223N/A
6/30/20221,499336283359N/A
3/31/20221,331276247350N/A
12/31/20211,208242225320N/A
9/30/20211,104212282371N/A
6/30/20211,040199242331N/A
3/31/2021933174229293N/A
12/31/2020844164212268N/A
9/30/2020778154196249N/A
6/30/2020688128201244N/A
3/31/2020652118182229N/A
12/31/2019628109120216N/A
9/30/2019615104N/A203N/A
6/30/2019606106N/A183N/A
3/31/2019595110N/A164N/A
12/31/2018582105N/A141N/A
9/30/201855890N/A147N/A
6/30/201852782N/A129N/A
3/31/201850073N/A128N/A
12/31/201747165N/A134N/A
9/30/201744570N/A111N/A
6/30/201742360N/A111N/A
3/31/201740557N/A101N/A
12/31/201638953N/A108N/A
9/30/201637246N/A101N/A
6/30/201635743N/A90N/A
3/31/201634440N/A83N/A
12/31/201533335N/A70N/A
9/30/201532234N/A66N/A
6/30/201530934N/A60N/A
3/31/201529632N/A78N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MPWR's forecast earnings growth (21.2% per year) is above the savings rate (3.4%).

Earnings vs Market: MPWR's earnings (21.2% per year) are forecast to grow faster than the US market (15.4% per year).

High Growth Earnings: MPWR's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MPWR's revenue (15.7% per year) is forecast to grow faster than the US market (10.3% per year).

High Growth Revenue: MPWR's revenue (15.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MPWR's Return on Equity is forecast to be high in 3 years time (27.4%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/30 17:08
End of Day Share Price 2026/03/30 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Monolithic Power Systems, Inc. is covered by 25 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tristan GerraBaird
Brian PiccioniBMO Capital Markets Equity Research
Nicholas AberleBrean Capital Historical (Janney Montgomery)