Monolithic Power Systems Reports Strong Q1 2025 Growth

Monolithic Power Systems ( (MPWR) ) has released its Q1 earnings. Here is a breakdown of the information Monolithic Power Systems presented to its investors.

Monolithic Power Systems, Inc. (MPS) is a fabless global company specializing in high-performance, semiconductor-based power electronics solutions, known for its deep system-level knowledge and innovative proprietary technologies. In the first quarter of 2025, MPS reported a revenue of $637.6 million, marking a 39.2% increase from the same period in 2024. The company’s GAAP net income rose to $133.8 million, translating to $2.79 per diluted share, while non-GAAP net income reached $193.8 million or $4.04 per diluted share. Key financial metrics showed improvement, with GAAP gross margin at 55.4% and non-GAAP gross margin steady at 55.7%. Operating income also saw a significant rise, with GAAP operating income at $168.8 million and non-GAAP operating income at $221.5 million. MPS’s revenue growth was driven by strong performance across several end markets, particularly in storage and computing, automotive, and communications sectors. Looking ahead, MPS projects second-quarter revenue between $640 million and $660 million, with expectations for stable gross margins and controlled operating expenses, reflecting a positive outlook for continued growth and market expansion.