MPWR Q2 2024 Earnings — Monolithic Power Systems, Inc. Revenue & Financial Results | Market Cap Arena

MPWRMonolithic Power Systems, Inc.

$53B

Q2 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$507M+15.0% YoY

Gross Profit

$281M55.3% margin

Operating Income

$117M23.0% margin

Net Income

$100M19.8% margin

EPS (Diluted)

$2.05

QoQ Revenue Growth

+10.8%

Cash Flow

Operating Cash Flow

$141M

Free Cash Flow

$109M

Stock-Based Comp.

$52M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$452M

Stockholders' Equity

$2.2B

Cash & Equivalents

$550M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$507M	$441M	+15.0%
Gross Profit	$281M	$248M	+13.3%
Operating Income	$117M	$112M	+3.7%
Net Income	$100M	$100M	+0.9%

Revenue Segments

DC To DC Products

$501M99%

Lighting Control Products

$6M1%

Geographic Segments

CHINA

$283M56%

TAIWAN, PROVINCE OF CHINA

$127M25%

KOREA, REPUBLIC OF

$40M8%

Europe

$19M4%

UNITED STATES

$14M3%

JAPAN

$14M3%

South East Asia

$11M2%

Other Region

$72,0000%