Investing
CapEx
Monolithic Power Systems CapEx decreased by 3.5% to $41.01M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 36.7%, from $64.80M to $41.01M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 16.2% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
cf_capital_expendituresHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $39.30M | $18.58M | $17.60M | $26.88M | $11.84M | $7.28M | $12.84M | $8.85M | $7.83M | $27.09M | $13.81M | $15.99M | $31.51M | $33.82M | $64.80M | $40.34M | $48.14M | $42.52M | $41.01M |
| QoQ Change | — | -52.7% | -5.3% | +52.7% | -55.9% | -38.5% | +76.4% | -31.0% | -11.6% | +246.1% | -49.0% | +15.8% | +97.0% | +7.3% | +91.6% | -37.7% | +19.3% | -11.7% | -3.5% |
| YoY Change | — | — | — | — | -69.9% | -60.8% | -27.0% | -67.1% | -33.9% | +272.1% | +7.5% | +80.6% | +302.5% | +24.8% | +369.4% | +152.3% | +52.8% | +25.7% | -36.7% |
Range$7.28M – $64.80M
CAGR+1.0%
Avg YoY Growth+66.2%
Median YoY Growth+24.8%
Current Streak2 quarters decline
CapEx at Other Companies
Frequently Asked Questions
- What is Monolithic Power Systems's capex?
- Monolithic Power Systems (MPWR) reported capex of $41.01M in Q4 2025.
- How has Monolithic Power Systems's capex changed year-over-year?
- Monolithic Power Systems's capex decreased by 36.7% year-over-year, from $64.80M to $41.01M.
- What is the long-term trend for Monolithic Power Systems's capex?
- Over 4 years (2021 to 2025), Monolithic Power Systems's capex has grown at a 16.2% compound annual growth rate (CAGR), from $94.45M to $172.01M.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.