Monolithic Power Systems, Inc. (MPWR) stock
MPWRNasdaqSemiconductors & Related DevicesFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 3, 2026Score 18/30109% above fair value
$1447.40−31.29 (-2.12%)
Close on Nov 12, 2026Market cap $71.13BP/E 88.4Yield 0.43%
Monolithic Power Systems r&d expenses
Research and development expenses are spending on new products and technology.
Monolithic Power Systems's R&D Expenses for the twelve months ending Jun 30, 2026 was $412.95M, up 14.9% year over year. For fiscal 2025 it was $382.26M, up 17.7% from the year before. Over ten years it grew 19.2% a year on average. The highest annual figure on record is $382.26M in fiscal 2025.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $382.26M | +17.7% |
| FY2024 | Dec 31, 2024 | $324.75M | +23.2% |
| FY2023 | Dec 31, 2023 | $263.64M | +9.8% |
| FY2022 | Dec 31, 2022 | $240.17M | +26.0% |
| FY2021 | Dec 31, 2021 | $190.63M | +38.5% |
| FY2020 | Dec 31, 2020 | $137.60M | +27.7% |
| FY2019 | Dec 31, 2019 | $107.76M | +15.3% |
| FY2018 | Dec 31, 2018 | $93.46M | +13.5% |
| FY2017 | Dec 31, 2017 | $82.36M | +11.8% |
| FY2016 | Dec 31, 2016 | $73.64M | +11.9% |
| FY2015 | Dec 31, 2015 | $65.79M | +12.3% |
| FY2014 | Dec 31, 2014 | $58.59M | +17.8% |
| FY2013 | Dec 31, 2013 | $49.73M | +1.9% |
| FY2012 | Dec 31, 2012 | $48.80M | +9.6% |
| FY2011 | Dec 31, 2011 | $44.52M | +0.3% |
| FY2010 | Dec 31, 2010 | $44.37M | +15.9% |
| FY2009 | Dec 31, 2009 | $38.30M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | $118.62M | +23.2% |
| Q1 FY2026 | Mar 31, 2026 | $100.57M | +9.0% |
| Q4 FY2025 | Dec 31, 2025 | $95.60M | +11.5% |
| Q3 FY2025 | Sep 30, 2025 | $98.17M | +15.4% |
| Q2 FY2025 | Jun 30, 2025 | $96.27M | +23.5% |
| Q1 FY2025 | Mar 31, 2025 | $92.23M | +21.4% |
| Q4 FY2024 | Dec 31, 2024 | $85.76M | +20.0% |
| Q3 FY2024 | Sep 30, 2024 | $85.05M | +31.3% |
| Q2 FY2024 | Jun 30, 2024 | $77.95M | +22.4% |
| Q1 FY2024 | Mar 31, 2024 | $75.99M | +19.3% |
| Q4 FY2023 | Dec 31, 2023 | $71.46M | +15.9% |
| Q3 FY2023 | Sep 30, 2023 | $64.79M | -3.7% |
| Q2 FY2023 | Jun 30, 2023 | $63.69M | +11.5% |
| Q1 FY2023 | Mar 31, 2023 | $63.71M | +17.8% |
| Q4 FY2022 | Dec 31, 2022 | $61.67M | +13.1% |
| Q3 FY2022 | Sep 30, 2022 | $67.26M | +36.0% |
| Q2 FY2022 | Jun 30, 2022 | $57.13M | +27.7% |
| Q1 FY2022 | Mar 31, 2022 | $54.10M | +29.2% |
| Q4 FY2021 | Dec 31, 2021 | $54.51M | +29.0% |
| Q3 FY2021 | Sep 30, 2021 | $49.47M | +31.2% |
| Q2 FY2021 | Jun 30, 2021 | $44.75M | +41.3% |
| Q1 FY2021 | Mar 31, 2021 | $41.89M | +61.4% |
| Q4 FY2020 | Dec 31, 2020 | $42.25M | +56.4% |
| Q3 FY2020 | Sep 30, 2020 | $37.72M | +36.0% |
| Q2 FY2020 | Jun 30, 2020 | $31.67M | +15.0% |
| Q1 FY2020 | Mar 31, 2020 | $25.96M | +2.0% |
| Q4 FY2019 | Dec 31, 2019 | $27.01M | +18.8% |
| Q3 FY2019 | Sep 30, 2019 | $27.74M | +8.2% |
| Q2 FY2019 | Jun 30, 2019 | $27.55M | +17.3% |
| Q1 FY2019 | Mar 31, 2019 | $25.46M | +17.8% |
| Q4 FY2018 | Dec 31, 2018 | $22.74M | +4.6% |
| Q3 FY2018 | Sep 30, 2018 | $25.63M | +19.5% |
| Q2 FY2018 | Jun 30, 2018 | $23.48M | +15.7% |
| Q1 FY2018 | Mar 31, 2018 | $21.61M | +14.4% |
| Q4 FY2017 | Dec 31, 2017 | $21.73M | +20.9% |
| Q3 FY2017 | Sep 30, 2017 | $21.44M | +4.7% |
| Q2 FY2017 | Jun 30, 2017 | $20.29M | – |
| Q1 FY2017 | Mar 31, 2017 | $18.89M | – |
| Q4 FY2016 | Dec 31, 2016 | $17.97M | – |
| Q3 FY2016 | Sep 30, 2016 | $20.47M | – |
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