Monolithic Power Systems
Monolithic Power Systems, Inc. (MPS) is a fabless semiconductor company specializing in high-performance analog and mixed-signal power electronics. The company leverages proprietary process and packaging technologies to provide highly integrated, energy-efficient solutions that reduce system size and complexity. Its core value proposition centers on improving power density and reliability while lowering total system costs and carbon emissions across diverse end markets.
Financials
Based on Q1 2026 filing
Revenue
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Storage and Computing
primaryProvides power management solutions for data storage devices and personal computing hardware. This segment focuses on high-efficiency voltage regulation for memory and processing components.
DC to DC converters, Power Management ICs, Current limit switches
Notebook manufacturers, Storage solution providers, Graphics card manufacturers
Enterprise Data
primaryDelivers advanced power solutions for high-performance computing environments, including data centers and artificial intelligence infrastructure. These products support high load currents and rapid switching speeds required by modern server architectures.
DC to DC converters, Power Management ICs, AI system power solutions
Cloud service providers, Server OEMs, AI hardware developers
Automotive
majorDevelops semiconductor solutions for modern vehicle electronics, focusing on safety, infotainment, and power distribution. Products are designed to meet stringent automotive reliability and performance standards.
Lighting control products, Motion control ICs, USB connector power ICs, ADAS power solutions
Automotive OEMs, Tier 1 automotive suppliers
Communications
moderateSupplies power electronics for networking infrastructure and wireless communication systems. Solutions are optimized for satellite, optical, and terrestrial network hardware.
Optical module power ICs, Network switch power solutions, Satellite communication ICs
Telecommunications equipment providers, Network infrastructure manufacturers
Consumer
moderateProvides integrated power circuits for a wide variety of household and personal electronic devices. Focuses on reducing the footprint and energy consumption of high-volume consumer goods.
AC to DC converters, Lighting control products, Home appliance power ICs
Consumer electronics manufacturers, Appliance brands
Industrial
minorOffers robust power management components for industrial automation, security, and measurement equipment. These products are characterized by high durability and precision.
Industrial meter ICs, Security system power solutions, Power source ICs
Industrial equipment manufacturers, Security firms
Segment Financials
South East Asia — Revenue
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Competitive Position
MPS differentiates itself through a high degree of monolithic integration and proprietary process technologies that allow for smaller, more efficient chips than traditional discrete-component competitors.
Geographies
United States, China, Taiwan, South Korea, Singapore, Europe
Customer Segments
Enterprise, Automotive, Consumer Electronics, Industrial, Telecommunications
Upstream Dependencies
Third-party silicon wafer foundries, Independent assembly and packaging subcontractors, Testing facility partners
Downstream Customers
Third-party distributors, Value-added resellers, Original Equipment Manufacturers (OEMs)
Competitors & Partners
Competitors
Texas Instruments
TXN
Major competitor in the global analog semiconductor market.
Analog Devices
ADI
Primary competitor in high-performance analog and mixed-signal ICs.
NXP Semiconductors
NXPI
Competitor in automotive and industrial semiconductor solutions.
STMicroelectronics
STM
Competitor in a broad range of semiconductor applications.
ON Semiconductor
ON
Competitor in power management and sensing solutions.
Semtech
SMTC
Competitor in analog and mixed-signal semiconductors.
Power Integrations
POWI
Competitor in high-voltage power conversion ICs.
Monolithic Power Systems FAQ
Common questions about Monolithic Power Systems
Monolithic Power Systems, Inc. (MPS) is a fabless semiconductor company specializing in high-performance analog and mixed-signal power electronics. The company leverages proprietary process and packaging technologies to provide highly integrated, energy-efficient solutions that reduce system size and complexity. Its core value proposition centers on improving power density and reliability while lowering total system costs and carbon emissions across diverse end markets.
Monolithic Power Systems (MPWR) has a market capitalization of $79.3B and trades on NASDAQ.
Monolithic Power Systems generated $2.8B in trailing twelve-month revenue with net income of $621.5M, representing a net margin of 22.3%. Gross margin stands at 55.2%, with free cash flow of $666.2M. These figures are based on the Q4 2025 filing.
Monolithic Power Systems's key competitors include Texas Instruments, Analog Devices, NXP Semiconductors, and others. These companies compete in similar markets and product categories.
Monolithic Power Systems has approximately 3,564 employees.