MPWR Monolithic Power System margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 78

Gross margin

55.3%

Operating margin

29.5%

EBITDA margin

32.4%

Net margin

24%

The Monolithic Power System reports a gross margin of 55.3%, an operating margin of 29.5%, an EBITDA margin of 32.4%, and a net margin of 24%. Among the available margins, operating margin improved the most and net margin declined the most, by 3.5 and 40.1 percentage points respectively.

MPWR margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Monolithic Power System's margins averaged 55.36% gross, 26.06% operating, 29.29% EBITDA, and 37.77% net. For Monolithic Power System, operating and EBITDA margins are above their three-year averages, while gross and net margins are below their three-year averages.

MPWR margin expansion

Year-over-year margin changes in percentage points

The strongest improvement was in operating margin, which increased by 3.5 percentage points, and gross margin also expanded by 0.1 percentage points and EBITDA margin also expanded by 3.3 percentage points, whereas net margin contracted by 40.1 percentage points.

Gross margin expansion

0.1pp

Operating margin expansion

3.5pp

EBITDA margin expansion

3.3pp

Net margin expansion

-40.1pp

MPWR Gross margin

Over the last 3 years, the average gross margin for Monolithic Power System was 55.36%. The latest gross margin for Monolithic Power System is 55.3%, 0.1 percentage points below its three-year average. Monolithic Power System's gross margin ranged from a low of 55.2% in Sep 2025 to a high of 56.1% in Dec 2023.

MPWR Operating margin

Over the last 3 years, Monolithic Power System's operating margin averaged 26.06%. The current operating margin of 29.5% is 3.4 percentage points above its three-year average. During this period, operating margin reached a high of 29.5% in Sep 2026 and a low of 23.8% in Sep 2024.

MPWR EBITDA margin

Across the last 3 years, Monolithic Power System had an average EBITDA margin of 29.29%. At present, Monolithic Power System's current EBITDA margin is 32.4%, which is 3.1 percentage points above its three-year average. Looking back over the last 3 years, Monolithic Power System's EBITDA margin reached 32.4% at its highest point in Sep 2026 and 27.4% at its lowest in Sep 2024.

MPWR Net margin

Monolithic Power System recorded an average net margin of 37.77% across the last 3 years. Monolithic Power System currently reports a net margin of 24%, 13.8 percentage points below its three-year average. The highest net margin for Monolithic Power System was 72.1% in Dec 2024, while the lowest was 21.3% in Sep 2024.

MPWR margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 55.3%, MPWR is above the Technology sector and the industry average. Compared to its Technology sector average of 52.4%, Monolithic Power System's gross margin is 6% higher.

MPWR margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Monolithic Power System's gross margin?

For the period ending Sep 30, 2026, MPWR recorded a gross margin of 55.3%.

What is Monolithic Power System's operating margin?

For the period ending Sep 30, 2026, MPWR recorded an operating margin of 29.5%.

What is Monolithic Power System's EBITDA margin?

For the period ending Sep 30, 2026, MPWR recorded an EBITDA margin of 32.4%.

What is Monolithic Power System's net margin?

As of Sep 30, 2026, MPWR has a net margin of 24%.

What are the average margins of MPWR?

The three-year average margins for MPWR were 55.4% gross, 26.1% operating, 29.3% EBITDA, and 37.8% net.

What are the highest historical margins of MPWR?

Across the 5-year period, MPWR posted its highest margins at 58.4% gross in Dec 2022, 29.7% operating in Mar 2023, 32.4% EBITDA in Sep 2026, and 72.1% net in Dec 2024.

What are the lowest historical margins of MPWR?

Over this 5-year history, Monolithic Power System's margins fell as low as 55.2% gross in Sep 2025, 21.7% operating in Dec 2021, 24.9% EBITDA in Dec 2021, and 20% net in Dec 2021.