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.

Common-Size Income Statement 

Monolithic Power Systems Inc., common-size consolidated income statement

Microsoft Excel
12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Revenue 100.00 100.00 100.00 100.00 100.00
Cost of revenue -41.56 -43.25 -44.82 -44.85 -44.60
Gross profit 58.44% 56.75% 55.18% 55.15% 55.40%
Research and development -13.39 -15.78 -16.29 -17.16 -16.05
Selling, general and administrative -15.25 -18.73 -19.14 -21.27 -19.54
Litigation expense, net -0.45 -0.52 -0.92 -0.39 -0.33
Operating expenses -29.08% -35.03% -36.36% -38.82% -35.92%
Operating income 29.36% 21.73% 18.81% 16.33% 19.49%
Interest income 0.80 0.96 1.10 1.16 1.09
Amortization of premium on available-for-sale securities -0.24 -0.39 -0.35 -0.12 -0.23
Gain (loss) on deferred compensation plan investments -0.37 0.38 0.54 0.61 -0.18
Foreign currency exchange gain (loss) 0.03 -0.06 -0.16 -0.05 0.16
Charitable contributions -0.33 -0.12 -0.09 0.00 0.00
Other 0.01 0.04 0.20 0.08 0.02
Other income (expense), net -0.10% 0.81% 1.24% 1.68% 0.86%
Income before income taxes 29.26% 22.54% 20.05% 18.02% 20.34%
Income tax expense -4.86 -2.50 -0.59 -0.68 -2.27
Net income 24.39% 20.04% 19.47% 17.33% 18.08%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Monolithic Power Systems Inc. operating income as a percentage of revenue increased from 2020 to 2021 and from 2021 to 2022.
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 as a percentage of revenue increased from 2020 to 2021 and from 2021 to 2022.
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 as a percentage of revenue increased from 2020 to 2021 and from 2021 to 2022.