Stock Analysis on Net
Stock Analysis on Net

Monolithic Power Systems Inc. (NASDAQ:MPWR)

This company has been moved to the archive! The financial data has not been updated since May 5, 2023.

Income Statement
Quarterly Data

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Monolithic Power Systems Inc., consolidated income statement (quarterly data)

US$ in thousands

Microsoft Excel
3 months ended: Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Revenue 451,065 460,012 495,418 461,004 377,714 336,504 323,522 293,317 254,455 233,043 259,422 186,209 165,778 166,738 168,813 151,007 141,363 153,496 159,975 139,761 129,150
Cost of revenue (192,285) (192,203) (204,516) (190,043) (158,834) (142,630) (137,211) (129,102) (113,396) (104,169) (116,382) (83,616) (74,331) (74,802) (75,655) (67,782) (63,357) (68,905) (70,957) (62,197) (57,655)
Gross profit 258,780 267,809 290,902 270,961 218,880 193,874 186,311 164,215 141,059 128,874 143,040 102,593 91,447 91,936 93,158 83,225 78,006 84,591 89,018 77,564 71,495
Research and development (63,709) (61,673) (67,263) (57,131) (54,104) (54,514) (49,468) (44,753) (41,892) (42,252) (37,717) (31,673) (25,956) (27,012) (27,742) (27,545) (25,458) (22,735) (25,630) (23,481) (21,609)
Selling, general and administrative (70,795) (66,057) (69,717) (70,668) (67,153) (61,208) (56,291) (57,238) (51,453) (45,120) (43,503) (40,883) (32,164) (33,239) (34,692) (35,058) (30,553) (28,372) (29,552) (28,561) (27,318)
Litigation expense — (3,187) (2,051) (1,274) (1,489) 420 (3,421) (1,596) (1,628) (1,540) (1,841) (2,082) (2,341) (991) (692) (503) (278) (408) (343) (640) (531)
Operating expenses (134,504) (130,917) (139,031) (129,073) (122,746) (115,302) (109,180) (103,587) (94,973) (88,912) (83,061) (74,638) (60,461) (61,242) (63,126) (63,106) (56,289) (51,515) (55,525) (52,682) (49,458)
Operating income 124,276 136,892 151,871 141,888 96,134 78,572 77,131 60,628 46,086 39,962 59,979 27,955 30,986 30,694 30,032 20,119 21,717 33,076 33,493 24,882 22,037
Other income (expense), net 5,297 3,873 5 (5,092) (634) 3,391 793 3,031 2,587 4,480 2,494 5,200 (1,714) 2,731 2,257 2,229 3,341 (392) 2,714 2,232 440
Income before income taxes 129,573 140,765 151,876 136,796 95,500 81,963 77,924 63,659 48,673 44,442 62,473 33,155 29,272 33,425 32,289 22,348 25,058 32,684 36,207 27,114 22,477
Income tax (expense) benefit (19,771) (21,675) (27,539) (22,117) (15,934) (9,292) (9,154) (8,490) (3,260) (1,556) (6,907) (2,988) 6,484 (988) (2,761) (1,655) 1,123 (5,046) (4,639) (2,908) (621)
Net income 109,802 119,090 124,337 114,679 79,566 72,671 68,770 55,169 45,413 42,886 55,566 30,167 35,756 32,437 29,528 20,693 26,181 27,638 31,568 24,206 21,856

Based on: 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Income statement item Description The company
Revenue Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Monolithic Power Systems Inc. revenue decreased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Operating income The net result for the period of deducting operating expenses from operating revenues. Monolithic Power Systems Inc. operating income decreased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Monolithic Power Systems Inc. income before income taxes decreased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.
Net income The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Monolithic Power Systems Inc. net income decreased from Q3 2022 to Q4 2022 and from Q4 2022 to Q1 2023.