Monolithic Power Systems (MPWR) Revenue — Quarter Ended Sep 30, 2023
Revenue for the reported quarter increased compared to the immediately preceding quarter. However, it declined compared to the same quarter one year earlier.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the reported quarter increased compared to the immediately preceding quarter. However, it declined compared to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$474.9M
Revenue reported for this quarter.
Quarter-over-quarter
+7.6%
Change from the immediately preceding quarter.
Year-over-year
-4.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$1.8B
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 |
|---|---|---|
| Dec 31, 2022 | $460M | +36.7% |
| Mar 31, 2023 | $451.1M | +77.3% |
| Jun 30, 2023 | $441.1M | -4.3% |
| Sep 30, 2023 | $474.9M | -4.1% |
Revenue performance
The reported quarter's revenue rose from the prior quarter, reversing the previous sequential decline.
Quarterly comparison
Sequentially, the company achieved growth this quarter versus the immediately preceding quarter. On a year-over-year basis, revenue was lower than the same quarter last year.
What to watch
A key item to watch is whether the sequential revenue growth can be sustained in future quarters.