MPWRMonolithic Power Systems
Monolithic Power Systems, Inc. is a fabless global company that provides high-performance, semiconductor-based power electronics solutions. 10-K, Item 1
- Employees
- 4,501
- Headquarters
- West Palm Beach, FL
- CEO
- Michael Hsing
- Next results
- around Feb 4, 2027
What the 10-K filed 2026-02-27 says about risks that are not on the face of the balance sheet, from the notes to the financial statements, Legal Proceedings and the MD&A (and, for big customers and key suppliers, Business and Risk Factors). Tickdelta picks sentences with specifics (amounts, accruals, covenant ratios) and quotes them as filed. New marks a sentence with nothing like it in the 10-K filed 2025-03-03.
Big customers
Customers the company names as a large share of revenue or receivables (it must name any worth 10% of revenue).
“Specifically, our top three customers, all of which are distributors, accounted for an aggregate of 54%, 61% and 55% of our revenue in the years ended December 31, 2025, 2024 and 2023, respectively.”
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Key suppliers
Parts or manufacturing that depend on one or a few suppliers.
“We believe that semiconductor industry consolidation may result in stronger competitors that are better able to compete as sole-source suppliers of multiple products for customers.”
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Lawsuits and legal claims
2 newPending cases, settlements and what the company has set aside for them.
“On February 4, 2025, a class action lawsuit was filed against us and certain of our executives.”
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New “Wash.), filed on March 26, 2025 (the “Derivative Litigation”).”
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New “The Securities Action and Derivative Litigation seek unspecified amounts of damages and/or attorneys’ fees and other relief.”
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“In determining the amount of a contingent loss, the Company takes into account advice received from experts for each specific matter regarding the status of legal proceedings, settlement negotiations, prior case history and other factors.”
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Guarantees and indemnities
Promises to pay someone else's debts or losses if they cannot.
“It is not possible to predict the maximum potential amount of future payments under these agreements due to the limited history of indemnification claims and the unique facts and circumstances involved in each particular agreement.”
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Debt covenants
Conditions in loan agreements that, if broken, can make debt due early.
No specific sentence about this in the 10-K.
Commitments off the balance sheet
1 newContracts the company must pay for later: purchase obligations, take-or-pay deals.
New “As of December 31, 2025, total estimated future unconditional purchase commitments to all suppliers and other parties were $442.2 million, of which $389.8 million was due within a year.”
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Sentences are chosen by their words, not read by AI, so some can be off topic. Always check the filing. Open the 10-K ↗
Work on MPWR in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/MPWR/export.csv") into a cell.