Monolithic Power Systems vs Nextpower
Nextpower is the larger business, with $3.56bn of revenue in fiscal 2026 against $2.79bn for Monolithic Power Systems (1.3 times as much). Monolithic Power Systems grew faster (26.4% against 20.3%). Monolithic Power Systems kept more of each dollar of sales as profit: a net margin of 22.3% against 16.5%. Monolithic Power Systems carries less debt relative to equity (0.0% against 0.0%).
| Latest fiscal year | Monolithic Power SystemsMPWR, 2025 | NextpowerNXT, 2026 |
|---|---|---|
| Revenue | $2.79bn | $3.56bn |
| Revenue growth | 26.4% | 20.3% |
| Net income | $621m | $586m |
| Operating margin | 26.1% | 19.6% |
| Net margin | 22.3% | 16.5% |
| Return on equity | 19.2% | 29.6% |
| Free cash flow | $666m | $514m |
| Cash | $1.10bn | $1.09bn |
| Total debt | $0 | $0 |
| Debt to equity | 0.0% | 0.0% |
| Dividend per share | $6.24 | — |
| Dividend yield | 0.5% | — |
| Share buybacks | $6.6m | $395,000 |
| Employees | 4,501 | 400 |
| Market value | $65.53bn | $14.51bn |
| Price vs our value range | Above our value range | Below our value range |
| Moat score | 80 (Strong) | — |
| Insider trades, 12 months | 0 buys, 313 sales | 0 buys, 38 sales |