MONOLITHIC POWER SYSTEMS, INC. (MPWR) closed fiscal year 2025 with a gross margin of 55.2 % and a net margin of 22.3 %.
MONOLITHIC POWER SYSTEMS, INC. (MPWR) closed fiscal year 2025 with a gross margin of 55.2 % and a net margin of 22.3 %. The same year shows an EBITDA margin of 28.0 % and an EBIT margin of 26.1 %. The free cash flow margin was 23.9 %. Against the previous year the gross margin moved −0.1 pp and the net margin −49.9 pp. Across the period the gross margin ranges between 51.7 % in 2011 and 59.2 % in 2009. The series covers 17 fiscal years, from 2009 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 59.20 % | 55.50 % | 51.70 % | 52.92 % | 53.72 % | 54.02 % | 54.09 % | 54.26 % | 54.85 % | 55.40 % | 55.15 % | 55.18 % | 56.75 % | 58.44 % | 56.07 % | 55.32 % | 55.18 % |
| EBITDA margin (%) | 15.82 % | 17.60 % | 11.27 % | 12.45 % | 15.15 % | 17.14 % | 16.47 % | 17.78 % | 19.86 % | 21.60 % | 18.70 % | 21.09 % | 24.10 % | 31.43 % | 28.66 % | 26.09 % | 27.99 % |
| EBIT margin (%) | 11.84 % | 13.94 % | 6.83 % | 8.08 % | 10.04 % | 12.49 % | 12.33 % | 14.01 % | 16.44 % | 19.49 % | 16.33 % | 18.81 % | 21.73 % | 29.36 % | 26.45 % | 24.44 % | 26.11 % |
| Net margin (%) | 11.92 % | 13.51 % | 6.77 % | 7.37 % | 9.62 % | 12.56 % | 10.56 % | 13.56 % | 13.85 % | 18.08 % | 17.33 % | 19.47 % | 20.04 % | 24.39 % | 23.47 % | 72.13 % | 22.27 % |
| FCF margin (%) | 13.22 % | 11.75 % | 11.53 % | 1.80 % | 18.87 % | 22.87 % | 16.13 % | 18.18 % | 14.45 % | 20.42 % | 19.19 % | 25.13 % | 18.68 % | 10.47 % | 31.88 % | 29.10 % | 23.87 % |
