Monolithic Power Systems, Inc. (MPWR) company profile
Close on Nov 13, 2026Market cap $68.34BP/E 84.9Yield 0.45%
About Monolithic Power Systems
Semiconductors & Related Devices, SIC 3674
Monolithic Power Systems, Inc. engages in the design and distribution of power management solutions and semiconductor products. The company provides specialized power circuits, modules, and component assemblies utilized across diverse applications. Customers include commercial electronic equipment manufacturers and third-party global distributors that market and sell products to end users.
The company operates across multiple locations in the United States, Europe, and Asia, maintaining presence and distribution arrangements in regions such as China, Taiwan, South Korea, Southeast Asia, and Japan. Monolithic Power Systems does not designate a single location as its corporate headquarters, listing an executive office address in West Palm Beach, Florida to comply with regulatory requirements.
Summary of the business section of Monolithic Power Systems's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Monolithic Power Systems, Inc.
- Founded
- 1997
- Headquarters
- West Palm Beach, FL
- Address
- 1555 Palm Beach Lakes Blvd. 33401
- Phone
- (561) 839-3999
- Website
- www.monolithicpower.com
- Employees
- 4,501, Dec 31, 2025
- Industry
- Semiconductors & Related Devices
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, San Jose, California
Stock & identifiers
- Ticker
- MPWR
- Exchange
- Nasdaq
- IPO date
- Nov 19, 2004
- Shares outstanding
- 49M, Jul 29, 2026
- Public float
- $24.70B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1280452
- CUSIP
- 609839105
- ISIN
- US6098391054
- FIGI
- BBG000C30L48
- Share class FIGI
- BBG001SDRGP6
- LEI
- 529900TB7O85LSZ1XU31
- EIN
- 77-0466789
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Michael Hsing | CEO, Director | 987,352 |
| Frank Anthony Balow III | Chief Financial Officer | 2,921 |
| Maurice Sciammas | EVP, WW Sales & Marketing | 234,450 |
| Saria Tseng | EVP & General Counsel | 145,218 |
| Robert W. Dean Ii | Interim CFO | 7,154 |
| Deming Xiao | EVP, Global Operations | 243,254 |
| Theodore Blegen | EVP and CFO | 93,015 |
| Kuo Wei Herbert Chang | Director | 515 |
| Jeff Zhou | Director | 3,800 |
| Eugen J. Elmiger | Director | 12,477 |
| Eileen Wynne | Director | 1,007 |
| Victor K. Lee | Director | 27,756 |
| Carintia Martinez | Director | 1,067 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $19.93M | $250.15M | $8.50M | $257 | $253 |
| FY2024 | $18.98M | $21.91M | $8.07M | $166 | $178 |
| FY2023 | $14.64M | $138.25M | $5.94M | $176 | $149 |
| FY2022 | $20.66M | -$66.60M | $8.58M | $98 | $91 |
| FY2021 | $20.25M | $114.05M | $7.23M | $135 | $141 |
| FY2020 | $14.67M | $166.90M | $4.19M | $207 | $151 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Michael Hsing Chairman of the Board, President and Chief Executive Officer | $1.03M | $12.69M | $6.21M | $3.44K | $19.93M | +5% |
| Bernie Blegen Executive Vice President, Chief Financial Officer | $494.86K | $3.55M | $2.98M | $3.90K | $7.03M | +6% |
| Deming Xiao Executive Vice President, Global Operations | $536.10K | $5.22M | $3.23M | $6.69K | $8.99M | +5% |
| Maurice Sciammas Executive Vice President, Worldwide Sales and Marketing | $536.10K | $5.22M | $3.23M | $4.30K | $8.99M | +5% |
| Saria Tseng Executive Vice President, Strategic Corporate Development, General Counsel and Corporate Secretary | $536.10K | $5.22M | $3.23M | $6.88K | $8.99M | +5% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed 4,501 employees in various locations in Asia, Europe and the U.S., compared with 4,017 employees as of December 31, 2024.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Mar 22, 2019 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jul 21, 2014 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| May 12, 2008 | Late filing | Notification of late filing |
| Mar 16, 2006 | Late filing | Notification of late filing |
| Nov 25, 2005 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Nov 15, 2005 | Late filing | Notification of late filing |
| Nov 19, 2004 | IPO | Initial public offering priced (424B4 prospectus) |
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