MPWR Q4 2025 Earnings — Income Statement Breakdown

For its Q4 2025 period (ending 2025-12-31), MPWR reported revenue of $751M, gross profit of $414M (55.2% gross margin), operating income of $200M, and net income of $170M (22.6% net margin). The flow of revenue into costs and profit is visualized below.

What changed

MPWR was profitable; revenue grew 1.9% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter+1.9%−4.6%−1.5 pp

Consensus estimate data is not available for this report.

MPWR Q4 2025 Income Statement

MPWR Q4 2025 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$751M100%
Cost of Revenue−$337M44.8%
Gross Profit$414M55.2%
Research & Development−$96M12.7%
Selling, General & Administrative−$119M15.8%
Operating Income$200M26.6%
Other Income, net$10M1.3%
Income Tax Expense−$40M5.3%
Net Income$170M22.6%

Source: original SEC filing (filed 2026-02-05). Accession 0001437749-26-003191. Data normalized by EarningsFyi.