ARM Holdings vs Monolithic Power Systems
ARM Holdings is the larger business, with $4.92bn of revenue in fiscal 2026 against $2.79bn for Monolithic Power Systems (1.8 times as much). Monolithic Power Systems grew faster (26.4% against 22.8%). Monolithic Power Systems kept more of each dollar of sales as profit: a net margin of 22.3% against 18.4%. ARM Holdings carries less debt relative to equity (0.0% against 0.0%).
| Latest fiscal year | ARM HoldingsARM, 2026 | Monolithic Power SystemsMPWR, 2025 |
|---|---|---|
| Revenue | $4.92bn | $2.79bn |
| Revenue growth | 22.8% | 26.4% |
| Net income | $904m | $621m |
| Operating margin | 18.3% | 26.1% |
| Net margin | 18.4% | 22.3% |
| Return on equity | 12.0% | 19.2% |
| Free cash flow | $979m | $666m |
| Cash | $2.75bn | $1.10bn |
| Total debt | $0 | $0 |
| Debt to equity | 0.0% | 0.0% |
| Dividend per share | — | $6.24 |
| Dividend yield | — | 0.5% |
| Share buybacks | — | $6.6m |
| Employees | — | 4,501 |
| Market value | $215.69bn | $65.53bn |
| Price vs our value range | — | Above our value range |
| Moat score | — | 80 (Strong) |
| Insider trades, 12 months | 0 buys, 41 sales | 0 buys, 313 sales |