Monolithic Power Systems (MPWR) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter increased compared with the prior quarter and the same quarter a year earlier. The company's top line continued to grow.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter increased compared with the prior quarter and the same quarter a year earlier. The company's top line continued to grow.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$620.1M
Revenue reported for this quarter.
Quarter-over-quarter
+22.2%
Change from the immediately preceding quarter.
Year-over-year
+30.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$2B
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, 2023 | $454M | -1.3% |
| Mar 31, 2024 | $457.9M | +1.5% |
| Jun 30, 2024 | $507.4M | +15.0% |
| Sep 30, 2024 | $620.1M | +30.6% |
Revenue performance
The reported revenue rose from the immediately preceding quarter and from the year-ago period.
Quarterly comparison
Sequentially, revenue was higher than the prior quarter. On an annual basis, revenue also exceeded the same quarter last year.
What to watch
The company's cash and short-term investments increased compared to the end of the prior fiscal year.