Monolithic Power Systems, Inc. — Cyborg Score 8/10
Strong
Semiconductor - Power Management & Analog ICs
Strategic Profile
The company generated $3 billion in LTM revenue, reflecting sustained demand from AI data infrastructure and high-performance computing applications. The company's book-to-bill ratio is well above one, with backlog extending into Q2 and Q3 2026, providing strong demand and increased visibility for the first half of 2026.
Cyborg Score Rationale
MPWR posted quarterly revenue of $751.2 million, up 20.8% year-on-year, with adjusted earnings per share of $4.79 beating expectations. Management signaled book-to-bill >1 with backlog into Q3 2026 and highlighted strengthening data-center demand, supporting multi-quarter growth expectations. However, the company trades near 43x earnings, creating execution versus valuation tension.
Top Insights
In early February 2026, the company issued first-quarter 2026 revenue guidance of $770.0 million to $790.0 million and announced a quarterly dividend increase from $1.56 to $2.00 per share
Management forecasts a 30% to 40% increase in enterprise data revenue for 2026
In December 2025, MPWR was added to the NASDAQ 100
Quarterly revenue rose 19% year over year, supported by higher AI power content and steady industrial and communications demand
Named Competitors
Analog Devices — Integrated circuits and mixed-signal semiconductors
Texas Instruments — Analog and embedded processing semiconductors
NXP Semiconductors — Mixed-signal and automotive semiconductors
Silicon Laboratories — Analog and mixed-signal ICs
Recent Developments
(Feb 2026) Record Q4 2025 revenue of $751.2M (+20.8% YoY) and raised Q1 2026 guidance to $770-$790M
(Feb 2026) Increased quarterly dividend from $1.56 to $2.00 per share, signaling confidence in cash flow
(Feb 2026) CFO Bernie Blegen retiring after 10 years; Rob Dean becomes interim CFO
(Dec 2025) Added to NASDAQ 100 index
Open the full interactive Monolithic Power Systems, Inc. report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.