← Filings of MPWR

Tables in the 10-Q of MONOLITHIC POWER SYSTEMS, INC.

40 tables with numbers, filed Nov 3, 2026. Each one downloads as a CSV for Excel or Google Sheets, with the filing's address in the last row. Only the layout is tidied (a "$" or ")" in a cell of its own is joined to its number); no value is changed. Open the filing on sec.gov ↗

		PAGE
PART I. FINANCIAL INFORMATION	3
Item 1.	Financial Statements (unaudited)	3
	Condensed Consolidated Balance Sheets	3
	Condensed Consolidated Statements of Operations	4
	Condensed Consolidated Statements of Comprehensive Income	5
	Condensed Consolidated Statements of Stockholders’ Equity	6
	Condensed Consolidated Statements of Cash Flows	8

	September 30, 2026	December 31, 2025
ASSETS
Current assets:
Cash and cash equivalents	$560,544		$1,099,302
Short-term investments	530,690		157,243
Accounts receivable, net	461,633		255,626
Inventories	764,879		564,649
Other current assets	54,024		106,982

	Three Months Ended September 30,		Nine Months Ended September 30,
	2026	2025		2026	2025
Revenue	$1,202,409			$737,176		$2,987,236	$2,039,304
Cost of revenue	536,870			330,948		1,335,562	913,830
Gross profit	665,539			406,228		1,651,674	1,125,474
Operating expenses:
Research and development	140,581			98,173		359,765	286,666
Selling, general and administrative	167,271			112,872		389,176	310,108

	Common Stock and Additional Paid-in Capital	Retained Earnings		Accumulated Other Comprehensive Income		Total Stockholders’ Equity
Three Months Ended September 30, 2026	Shares	Amount
Balance as of July 1, 2026	49,142	$1,033,062			$2,861,853		$509		$3,895,424
Net income	-	-			271,067		-		271,067
Other comprehensive income	-	-			-		8,744		8,744
Dividends and dividend equivalents declared ($2.00 per share)	-	-			(98,862)		-		(98,862)
Common stock issued	12	4,825			-		-		4,825
Repurchases of common stock	(362)		(453,432)			-		-		(453,432)

	Common Stock and Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss		Total Stockholders’ Equity
Three Months Ended September 30, 2025	Shares	Amount
Balance as of July 1, 2025	47,892	$822,582		$2,411,079		$(23,691)	$3,209,970
Net income	-	-		179,766		-	179,766
Other comprehensive income	-	-		-		988	988
Dividends and dividend equivalents declared ($1.56 per share)	-	-		(75,924)		-	(75,924)
Common stock issued	15	3,885		-		-	3,885
Repurchases of common stock	(2)	(2,017)		-		-	(2,017)

	Common Stock and Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)		Total Stockholders’ Equity
Nine Months Ended September 30, 2026	Shares	Amount
Balance as of January 1, 2026	48,709	$936,998		$2,609,651		$(15,152)	$3,531,497
Net income	-	-		721,591		-	721,591
Other comprehensive income	-	-		-		24,405	24,405
Dividends and dividend equivalents declared ($6.00 per share)	-	-		(297,184)		-	(297,184)
Common stock issued	448	10,656		-		-	10,656
Repurchases of common stock	(365)	(457,481)		-		-	(457,481)

	Three Months Ended September 30,	Nine Months Ended September 30,
Country or Region	2026	2025		2026	2025
China	$585,377		$393,837		$1,498,503	$1,155,508
Taiwan	376,488		155,978		818,591	377,289
South Korea	82,771		62,882		252,464	190,747
Southeast Asia	48,884		39,023		138,593	106,596
Europe	47,155		33,577		117,786	85,066
U.S.	36,017		29,937		92,003	63,313

	Three Months Ended September 30,	Nine Months Ended September 30,
Customer	2026	2025		2026		2025
Distributor A	32%		26%			29%		25%
Distributor B	16%		18%			15%		18%
Distributor C	*	*		*		10%
Distributor D	11%		*		10%		*

	Total Time-based RSUs, PSUs, MSUs and MPSUs
	Number of Shares		Weighted-Average Grant Date Fair Value Per Share
Outstanding at January 1, 2026	771		$535.78
Granted	948	(1)	$875.43
Vested	(88)		$448.03
Forfeited	(54)		$586.63
Outstanding at September 30, 2026	1,577		$747.94

	September 30, 2026	December 31, 2025
Raw materials	$79,448		$107,801
Work in process	401,609		220,410
Finished goods	283,822		236,438
Total	$764,879		$564,649

	Three Months Ended September 30,	Nine Months Ended September 30,
	2026	2025		2026	2025
Net income	$271,067		$179,766		$721,591	$449,827
Other comprehensive income, net of tax
Foreign currency translation adjustments	8,781		919		24,476	25,692
Net change in unrealized gains and losses on available-for-sale securities	(37)		69		(71)	116
Other comprehensive income, net of tax	8,744		988		24,405	25,808
Comprehensive income	$279,811		$180,754		$745,996	$475,635

	Nine Months Ended September 30,
	2026	2025
Cash flows from operating activities:
Net income	$721,591		$449,827
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	51,000		38,270
Amortization of discount on available-for-sale securities	(2,918)		(3,894)
Gain on deferred compensation plan investments	(6,988)		(8,023)

	Three Months Ended September 30,	Nine Months Ended September 30,
	2026	2025		2026	2025
Cost of revenue	$3,701		$1,916		$6,939	$5,502
Research and development (“R&D”)	24,344		12,578		48,102	36,725
Selling, general and administrative (“SG&A”)	77,929		46,183		145,215	131,354
Total stock-based compensation expense	$105,974		$60,677		$200,256	$173,581
Tax benefit related to stock-based compensation (1)	$1,278		$756		$2,643	$1,919

	September 30, 2026	December 31, 2025
Deferred compensation plan assets	$115,327		$107,096
Refundable deposit (1)	80,000		-
Operating lease right-of-use (“ROU”) assets	26,840		24,886
Other	40,195		33,109
Total	$262,362		$165,091

	September 30, 2026	December 31, 2025
Prepaids and other	$54,024		$46,982
Other receivables (1)	-		60,000
Total	$54,024		$106,982

	September 30, 2026	December 31, 2025
Dividends and dividend equivalents	$101,375		$81,510
Stock rotation and sales returns	31,960		17,150
Income tax payable	66,980		2,920
Other	67,342		43,550
Total	$267,657		$145,130

	September 30, 2026	December 31, 2025
Deferred compensation plan liabilities	$108,246		$103,954
Operating lease liabilities	21,371		19,972
Dividend equivalents	3,232		3,909
Total	$132,849		$127,835

Country	September 30, 2026	December 31, 2025
China	$477,681		$332,506
U.S.	204,495		165,107
Taiwan	69,721		65,081
Other	69,676		64,995
Total	$821,573		$627,689

2026 (remaining three months)	$355,891
2027	410,427
2028	486
2029	486
Total	$767,290

	September 30, 2026	December 31, 2025
Cash	$420,761		$969,628
Money market funds	76,982		129,674
Certificates of deposit	313,240		157,243
U.S. treasuries and government agency bonds	198,863		-
Corporate debt securities	81,388		-
Auction-rate securities backed by student-loan notes	-		49
Total	$1,091,234		$1,256,594

	September 30, 2026	December 31, 2025
Reported as:
Cash and cash equivalents	$560,544		$1,099,302
Short-term investments	530,690		157,243
Investments within other long-term assets	-		49
Total	$1,091,234		$1,256,594

	Amortized Cost	Fair Value
Due in less than 1 year	$426,351		$426,277
Due in 1 - 5 years	104,413		104,413
Total	$530,764		$530,690

	September 30, 2026
	Total	Level 1		Level 2
Cash equivalents:
Money market funds	$76,982		$76,982		$-
Corporate debt securities	62,801		-		62,801
Short-term investments:
Certificates of deposit	313,240		-		313,240
U.S. treasuries and government agency bonds	198,863		-		198,863

	September 30, 2026	December 31, 2025
Deferred compensation plan asset components:
Cash surrender value of corporate-owned life insurance policies	$34,415		$31,612
Fair value of mutual funds and money market funds	80,912		75,484
Total	$115,327		$107,096
Deferred compensation plan assets reported in:
Other long-term assets	$115,327		$107,096
Deferred compensation plan liabilities reported in:

Tables in the 10-Q of MONOLITHIC POWER SYSTEMS, INC.

Table 1 after “TABLE OF CONTENTS”

Table 2 after “(In thousands, except par value; unaudited)”

Table 3 after “(In thousands, except per-share amounts; unaudited)”

Table 4 after “(In thousands; unaudited)”

Table 5 after “(In thousands, except per-share amounts; unaudited)”

Table 6 after “(In thousands, except per-share amounts; unaudited)”

Table 7 after “(In thousands, except per-share amounts; unaudited)”

Table 8 after “(In thousands, except per-share amounts; unaudited)”

Table 9 after “(In thousands; unaudited)”

Table 10 after “The following is a summary of revenue by geographic region based on the direct customers’ ship-to locations for the periods presented (in th”

Table 11 after “The following table summarizes the direct customers with sales equal to 10% or more of the Company’s total revenue for the periods presented”

Table 12 after “The following table summarizes the customers with accounts receivable equal to 10% or more of the Company’s total accounts receivable:”

Table 13 after “The Company recognized stock-based compensation expense as follows for the periods presented (in thousands):”

Table 14 after “A summary of RSU activity is presented in the table below (in thousands, except per-share amounts):”

Table 15 after “Inventories consisted of the following (in thousands):”

Table 16 after “Other current assets consisted of the following (in thousands):”

Table 17 after “Other long-term assets consisted of the following (in thousands):”

Table 18 after “Other accrued liabilities consisted of the following (in thousands):”

Table 19 after “Other long-term liabilities consisted of the following (in thousands):”

Table 20 after “The following table sets forth the computation of basic and diluted net income per share for the periods presented (in thousands, except per”

Table 21 after “The following is a summary of long-lived assets by geographic region (in thousands):”

Table 22 after “Total estimated future unconditional purchase commitments to all suppliers and other parties as of September 30, 2026 were as follows (in th”

Table 23 after “The following is a summary of the Company’s cash, cash equivalents and debt investments (in thousands):”

Table 24 after “The following is a summary of the Company’s cash, cash equivalents and debt investments (in thousands):”

Table 25 after “Table of Contents”

Table 26 after “The following tables detail the fair value of the Company’s financial assets measured on a recurring basis (in thousands):”

Table 27 after “Table of Contents”

Table 28 after “The following table summarizes the deferred compensation plan balances on the Condensed Consolidated Balance Sheets (in thousands):”

Table 29 after “The components of other income, net, were as follows for the periods presented (in thousands):”

Table 30 after “The Board of Directors declared the following cash dividends for the periods presented (in thousands, except per-share amounts):”

Table 31 after “The table below sets forth the data on the Condensed Consolidated Statements of Operations as a percentage of revenue for the periods presen”

Table 32 after “The following table summarizes our revenue by end market for the periods presented:”

Table 33 after “Cost of revenue primarily consists of costs incurred to manufacture, assemble and test our products, as well as warranty costs, inventory-re”

Table 34 after “R&D expenses primarily consist of cash-based compensation and benefits, stock-based compensation and deferred compensation for design and pr”

Table 35 after “SG&A expenses primarily include cash-based compensation and benefits, stock-based compensation and deferred compensation for sales, marketin”

Table 36 after “Liquidity and Capital Resources”

Table 37 after “The following table summarizes our cash flow activities for the periods presented:”

Table 38 after “The following table represents details of our stock repurchase transactions during the three months ended September 30, 2026:”

Table 39 after “of trading plans intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) during the three months ended September 30, 2026:”

Table 40 after “Item 6. Exhibits”

	Three Months Ended September 30,	Nine Months Ended September 30,
End Market	2026	% of Revenue		2025	% of Revenue	2026		% of Revenue	2025	% of Revenue
	(In thousands, except percentages)
Enterprise Data	$506,747		42.1%		$191,482		26.0%		$1,150,131		38.5%	$468,370	23.0%
Storage and Computing	192,164		16.0		186,572		25.3		566,388		19.0	570,403	28.0
Automotive	180,702		15.0		151,540		20.6		490,116		16.4	441,576	21.7
Communications	187,440		15.6		79,868		10.8		430,468		14.4	225,322	11.1
Consumer	63,976		5.3		72,399		9.8		175,321		5.9	189,009	9.2

	September 30,	December 31,
	2026	2025
	(In thousands, except percentages)
Cash and cash equivalents	$560,544		$1,099,302
Short-term investments	530,690		157,243
Total cash, cash equivalents and short-term investments	$1,091,234		$1,256,545
Percentage of total assets	23.4%		30.0%
Total current assets	$2,371,770		$2,183,802

Period	Total Number of Shares Purchased	Average Price Paid per Share	Total Number of Shares Purchased as Part of Publicly Announced Program		Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program
	(In thousands, except per share amounts)
July 1, 2026 - July 31, 2026	1	$1,318.15		1		$988,527
August 1, 2026 - August 31, 2026	116	$1,335.54		116		$833,495
September 1, 2026 - September 30, 2026	245	$1,211.36		245		$535,885
Total	362	$1,251.32		362

Name and Title	Termination Date	Original Plan Duration	Intended Sale Amount (in shares)	Sold Amount (in shares)
Deming Xiao, Executive Vice President, Global Operations	August 4, 2026	Through May 19, 2027	Up to 80,000	-
Maurice Sciammas, Executive Vice President, Worldwide Sales and Marketing	August 4, 2026	Through December 31, 2026	Up to 42,000	27,000
Michael Hsing, President, Chief Executive Officer and Director	September 28, 2026	Through May 29, 2027	Up to 60,000	30,000

Exhibit No.	Description
31.1	Certification of Chief Executive Officer pursuant to Securities Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2	Certification of Chief Financial Officer pursuant to Securities Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.3	Certification of Chief Accounting Officer pursuant to Securities Exchange Act Rules 13a-14(a) and 15d-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1*	Certification of Chief Executive Officer, Chief Financial Officer and Chief Accounting Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS	Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document
101.SCH	Inline XBRL Taxonomy Extension Schema Document
101.CAL	Inline XBRL Taxonomy Extension Calculation Linkbase Document