MPWR Q1 2024 Earnings — Monolithic Power Systems, Inc. Revenue & Financial Results | Market Cap Arena

MPWRMonolithic Power Systems, Inc.

$53B

Q1 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$458M+1.5% YoY

Gross Profit

$252M55.1% margin

Operating Income

$95M20.9% margin

Net Income

$93M20.2% margin

EPS (Diluted)

$1.89

QoQ Revenue Growth

+0.9%

Cash Flow

Operating Cash Flow

$248M

Free Cash Flow

$232M

Stock-Based Comp.

$46M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$465M

Stockholders' Equity

$2.1B

Cash & Equivalents

$488M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$458M	$451M	+1.5%
Gross Profit	$252M	$259M	-2.4%
Operating Income	$95M	$124M	-23.2%
Net Income	$93M	$110M	-15.7%

Revenue Segments

DC To DC Products

$416M91%

Lighting Control Products

$42M9%

Geographic Segments

CHINA

$263M57%

TAIWAN, PROVINCE OF CHINA

$100M22%

KOREA, REPUBLIC OF

$36M8%

Europe

$18M4%

UNITED STATES

$15M3%

South East Asia

$13M3%

JAPAN

$13M3%

Other Region

$109,0000%