Monolithic Power Systems (MPWR) 10-K Summaries & Annual Filing History
Review Monolithic Power Systems, Inc. (MPWR) 10-K filings from 2023 through the latest annual report, including business, financial performance, risks, and liquidity.
Key takeaway
Year ended Dec 31, 2025 · FY2025 10-K
Monolithic Power Systems filed its annual report for the fiscal year, which includes a restatement of prior financial statements. Revenue grew over the course of the year, and the company maintains a strong liquidity position.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$2.8B
Revenue reported for the fiscal year.
Operating income
$728.6M
Income from operations reported for the year.
Net income
$621.5M
Net income reported for the year.
Operating cash flow
$838.2M
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2025 | $637.6M | -71.1% |
| Jun 30, 2025 | $1.3B | +104.2% |
| Sep 30, 2025 | $2B | +56.6% |
| Dec 31, 2025 | $2.8B | +36.8% |
Business overview
The business overview section in the filing only references standard item numbers and does not provide a descriptive narrative. No specific details about the company's operations are contained in the supplied text.
Financial performance
Annual revenue increased over the four quarters, starting lower and ending higher. Operating income, net income, and cash flow from operations were all reported at notable levels.
Material risks
The filing discusses a restatement of prior financial statements due to errors in tax provision calculations. This restatement may affect investor confidence and could lead to increased costs, reputational harm, and legal or regulatory proceedings.
Liquidity and capital
The company ended the year with substantial cash and short-term investments, resulting in a large working capital position. It repatriated cash from foreign subsidiaries to fund stock repurchases, dividends, and ongoing operations.
What to watch
Investors should monitor the impact of the financial restatement on future filings and any resulting regulatory or legal developments.