Monolithic Power Systems, Inc. (MPWR) balance sheet
NASDAQ · Technology · Semiconductors · 4,501 employees · CEO Michael R. Hsing
- Price
- $1,211.63 +1.07%
- Market cap
- $59.5B
- Enterprise value
- $59B
- Last report
- Q3 '26 filed 2026-10-29
- Next report
- 2027-02-04 EPS est. $9.20
At the end of Q3 '26 Monolithic Power Systems, Inc. (MPWR) held $1.09B in cash and short-term investments against $0 of debt incl. leases. Total assets $4.67B, total liabilities $939M, shareholders' equity $3.73B.
Balance sheet
| Balance sheet | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $528M | $488M | $550M | $700M | $692M | $637M | $787M | $1.08B | $1.1B | $1.06B | $1.01B | $561M | |
| Short-term investments | $581M | $798M | $757M | $762M | $171M | $389M | $359M | $188M | $157M | $304M | $408M | $531M | |
| Receivables | $250M | $194M | $158M | $165M | $233M | $215M | $195M | $242M | $316M | $302M | $344M | $462M | |
| Inventory | $384M | $396M | $427M | $425M | $420M | $455M | $491M | $506M | $565M | $619M | $676M | $765M | |
| Other current assets | $48.4M | $18.1M | $17.9M | $17M | $13.9M | $8.03M | $10.3M | $36M | $47M | $42.7M | $44.2M | $54M | |
| Current assets | $1.82B | $1.98B | $2B | $2.16B | $1.57B | $1.79B | $1.92B | $2.11B | $2.18B | $2.33B | $2.48B | $2.37B | |
| Property, plant & equipment (net) | $369M | $376M | $434M | $471M | $529M | $563M | $602M | $597M | $653M | $694M | $775M | $822M | |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $268K | $0 | $0 | $0 | |
| Goodwill | $6.57M | $27.3M | $26.1M | $26.1M | $25.9M | $25.9M | $25.9M | $25.9M | $25.9M | $25.9M | $25.9M | $25.9M | |
| Intangible assets | $0 | $9.52M | $10.5M | $10.2M | $9.94M | $9.65M | $9.36M | $9.08M | $8.79M | $8.5M | $8.22M | $7.93M | |
| Deferred tax assets | $28.1M | $32.8M | $29.7M | $30.7M | $1.33B | $1.32B | $1.31B | $1.3B | $1.18B | $1.18B | $1.18B | $1.18B | |
| Other non-current assets | $211M | $157M | $150M | $156M | $160M | $100M | $107M | $161M | $140M | $207M | $217M | $262M | |
| Non-current assets | $615M | $602M | $651M | $694M | $2.05B | $2.02B | $2.05B | $2.09B | $2.01B | $2.12B | $2.21B | $2.3B | |
| Total assets | $2.43B | $2.58B | $2.65B | $2.85B | $3.62B | $3.81B | $3.97B | $4.21B | $4.19B | $4.45B | $4.69B | $4.67B | |
| Liabilities | |||||||||||||
| Accounts payable | $63M | $103M | $99.9M | $116M | $103M | $127M | $130M | $142M | $138M | $174M | $182M | $236M | |
| Accrued expenses | $50M | $30.3M | $31.9M | $35.1M | $67.5M | $54.8M | $56.2M | $70.2M | $86M | $0 | $0 | $404M | |
| Short-term debt | $0 | $2.64M | $2.45M | $2.81M | $2.82M | $3.28M | $3.97M | $0 | $4.13M | $0 | $0 | $0 | |
| Taxes payable | $8.06M | $8.03M | $9.64M | $64.7M | $0 | $69.5M | $73.2M | $78.3M | $75M | $75M | $75M | $0 | |
| Deferred revenue | $0 | $0 | $5.56M | $6.32M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other current liabilities | $56.3M | $98.1M | $83.2M | $103M | $61.1M | $71.5M | $77.3M | $99.6M | $141M | $312M | $316M | $0 | |
| Current liabilities | $235M | $312M | $295M | $337M | $295M | $363M | $384M | $443M | $369M | $487M | $498M | $641M | |
| Lease obligations (non-current) | $5.57M | $5.92M | $13M | $13.5M | $13M | $14.5M | $15.9M | $15.1M | $20M | $0 | $0 | $0 | |
| Deferred tax liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $90.5M | $90.3M | $90.3M | $90.3M | |
| Other non-current liabilities | $144M | $147M | $144M | $153M | $164M | $161M | $171M | $181M | $183M | $194M | $203M | $208M | |
| Non-current liabilities | $149M | $153M | $157M | $166M | $177M | $175M | $187M | $196M | $293M | $284M | $293M | $298M | |
| Total liabilities | $384M | $465M | $452M | $503M | $471M | $539M | $570M | $638M | $663M | $771M | $791M | $939M | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $1.13B | $1.18B | $1.22B | $1.27B | $707M | $765M | $823M | $885M | $937M | $984M | $1.03B | $690M | |
| Retained earnings | $947M | $978M | $1.02B | $1.1B | $2.49B | $2.55B | $2.6B | $2.71B | $2.61B | $2.7B | $2.86B | $3.03B | |
| Accumulated other comprehensive income | -$27.1M | -$40.5M | -$44.5M | -$21.2M | -$48.5M | -$43.3M | -$23.7M | -$22.7M | -$15.2M | -$10.1M | $509K | $9.25M | |
| Shareholders' equity | $2.05B | $2.11B | $2.2B | $2.35B | $3.15B | $3.27B | $3.4B | $3.57B | $3.53B | $3.68B | $3.9B | $3.73B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $5.57M | $8.56M | $15.5M | $16.3M | $15.8M | $17.8M | $19.9M | $15.1M | $24.1M | $0 | $0 | $0 | |
| Net debt (debt - cash) | -$522M | -$480M | -$535M | -$684M | -$676M | -$620M | -$767M | -$1.07B | -$1.08B | -$1.06B | -$1.01B | -$561M | |
| Balance sheet | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||
| Cash & equivalents | $113M | $82.8M | $173M | $173M | $335M | $189M | $289M | $528M | $692M | $1.1B | |
| Short-term investments | $156M | $216M | $205M | $282M | $260M | $536M | $449M | $581M | $171M | $157M | |
| Receivables | $35.5M | $40.6M | $61M | $61.3M | $81.3M | $126M | $197M | $250M | $233M | $316M | |
| Inventory | $71.5M | $99.3M | $136M | $128M | $157M | $259M | $447M | $384M | $420M | $565M | |
| Other current assets | $565K | $1.22M | $2.73M | $3.02M | $3.53M | $4.35M | $17.2M | $48.4M | $13.9M | $47M | |
| Current assets | $383M | $449M | $581M | $655M | $842M | $1.12B | $1.41B | $1.82B | $1.57B | $2.18B | |
| Property, plant & equipment (net) | $85.2M | $145M | $150M | $231M | $282M | $363M | $357M | $369M | $529M | $653M | |
| Long-term investments | $5.35M | $5.26M | $3.24M | $3.14M | $6.26M | $0 | $0 | $0 | $0 | $268K | |
| Goodwill | $6.57M | $6.57M | $6.57M | $6.57M | $6.57M | $6.57M | $6.57M | $6.57M | $25.9M | $25.9M | |
| Intangible assets | $3M | $951K | $111K | $0 | $0 | $0 | $0 | $0 | $9.94M | $8.79M | |
| Deferred tax assets | $633K | $15.9M | $16.8M | $17.2M | $18.6M | $21.9M | $35.3M | $28.1M | $1.33B | $1.18B | |
| Other non-current assets | $27.4M | $30.1M | $36M | $43.1M | $53.6M | $69.5M | $249M | $211M | $160M | $140M | |
| Non-current assets | $128M | $202M | $213M | $301M | $366M | $461M | $648M | $615M | $2.05B | $2.01B | |
| Total assets | $511M | $651M | $793M | $956M | $1.21B | $1.59B | $2.06B | $2.43B | $3.62B | $4.19B | |
| Liabilities | |||||||||||
| Accounts payable | $17.4M | $22.8M | $22.7M | $27.3M | $38.2M | $83M | $61.5M | $63M | $103M | $138M | |
| Accrued expenses | $4M | $6.16M | $9.02M | $10.4M | $23.3M | $38.2M | $55.9M | $50M | $67.5M | $86M | |
| Short-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.82M | $4.13M | |
| Taxes payable | $1.24M | $2.86M | $7.02M | $2.44M | $3.76M | $47.7M | $15.6M | $8.06M | $65.2M | $0 | |
| Deferred revenue | $6.8M | $6.59M | $2.52M | $3.41M | $7.24M | $4.3M | $0 | $0 | $0 | $0 | |
| Other current liabilities | $14.5M | $18.2M | $24.2M | $31.7M | $50.4M | $64.1M | $88.3M | $56.3M | $61.1M | $59.5M | |
| Current liabilities | $52.9M | $64.8M | $80.4M | $98.2M | $147M | $227M | $263M | $235M | $295M | $369M | |
| Lease obligations (non-current) | $0 | $0 | $0 | $1.1M | $1.69M | $0 | $1.66M | $5.57M | $13M | $20M | |
| Deferred tax liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $90.5M | |
| Other non-current liabilities | $27.1M | $64.6M | $72.9M | $83.6M | $93.2M | $115M | $125M | $144M | $164M | $183M | |
| Non-current liabilities | $27.1M | $64.6M | $72.9M | $84.7M | $94.9M | $115M | $127M | $149M | $177M | $293M | |
| Total liabilities | $80M | $129M | $153M | $183M | $242M | $342M | $390M | $384M | $471M | $663M | |
| Equity | |||||||||||
| Common stock & paid-in capital | $316M | $377M | $451M | $550M | $658M | $803M | $975M | $1.13B | $707M | $937M | |
| Retained earnings | $119M | $144M | $195M | $229M | $299M | $425M | $716M | $947M | $2.49B | $2.61B | |
| Accumulated other comprehensive income | -$4.22M | $1.81M | -$5.54M | -$5.48M | $10.1M | $15.9M | -$23.1M | -$27.1M | -$48.5M | -$15.2M | |
| Shareholders' equity | $431M | $522M | $640M | $773M | $967M | $1.24B | $1.67B | $2.05B | $3.15B | $3.53B | |
| Debt | |||||||||||
| Total debt (incl. leases) | $0 | $0 | $0 | $2.36M | $3.1M | $0 | $1.66M | $5.57M | $15.8M | $24.1M | |
| Net debt (debt - cash) | -$113M | -$82.8M | -$173M | -$171M | -$332M | -$189M | -$287M | -$522M | -$676M | -$1.08B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-02