Monolithic Power Systems (MPWR) Revenue — Quarter Ended Mar 31, 2023
Revenue declined compared to the immediately preceding quarter, but surged compared to the same quarter a year earlier. The year-over-year growth was substantial.
Key takeaway
Quarter ended Mar 31, 2023 · FY2022 Q1
Revenue declined compared to the immediately preceding quarter, but surged compared to the same quarter a year earlier. The year-over-year growth was substantial.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$451.1M
Revenue reported for this quarter.
Quarter-over-quarter
-1.9%
Change from the immediately preceding quarter.
Year-over-year
+77.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $461M | +57.2% |
| Sep 30, 2022 | $495.4M | +53.1% |
| Dec 31, 2022 | $460M | +36.7% |
| Mar 31, 2023 | $451.1M | +77.3% |
Revenue performance
The sequential decrease reflects a moderation from the prior quarter's level, while the year-over-year increase remains strong.
Quarterly comparison
Compared to the prior quarter, revenue was lower, but compared to the same quarter one year earlier, revenue was significantly higher.
What to watch
Cash and cash equivalents increased substantially from the end of the prior fiscal year, indicating a stronger liquidity position.