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Monolithic Power Systems MPWR Research and development expense

Research and development expense at other companies

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$144.3M-12.1%

Other financials

Income statement

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Revenue$804.2M+26.1%
Gross profit$445.1M+26.0%
Operating income$241.2M+42.9%
Net income$193.2M+43.1%
EPS (diluted)$3.92+39.5%

Balance sheet

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Cash & equivalents$1.1B+66.8%
Total equity$3.7B+19.6%
Total assets$4.4B+20.1%

Cash flow

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Operating cash flow$250.3M-2.4%
CapEx$70.8M+75.6%
Free cash flow$179.4M-17.0%

Valuation

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Market cap$76.82B+93.4%
P/E113×+88.7×
P/S26×+9.3×

Profitability

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Gross margin55.2%-0.2pp
Operating margin27.1%+1.4pp
Net margin23%-45.5pp

Returns & leverage

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Return on equity20.1%-42.9pp
Debt / equity0.0×
Current ratio4.8×-0.1×

Where this comes from

Reported directly by Monolithic Power Systems in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost.

The official record: Monolithic Power Systems’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Monolithic Power Systems's research and development expense?
Monolithic Power Systems (MPWR) reported research and development expense of $100.57M in Q1 2026.
How has Monolithic Power Systems's research and development expense changed year-over-year?
Monolithic Power Systems's research and development expense increased by 9.0% year-over-year, from $92.23M to $100.57M.
What is the long-term trend for Monolithic Power Systems's research and development expense?
Over 4 years (2021 to 2025), Monolithic Power Systems's research and development expense has grown at a 19.0% compound annual growth rate (CAGR), from $190.63M to $382.26M.
What does research and development expense mean?
The money spent on creating new products or improving existing technology.
How do you interpret research and development expense?
Higher spending indicates a commitment to innovation and long-term growth, though excessive spending relative to revenue may impact short-term profitability.
How does research and development expense compare across companies?
Standard operating expense for technology and semiconductor firms; highly comparable across the industry.