Monolithic Power Systems, Inc. (MPWR) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 250.25M | 104.91M | 239.27M | 237.64M | 256.39M | 167.68M | 231.7M | 140.97M | 248.05M | 153.31M | 175.91M | 90.19M | 218.81M | 52.2M | -18.18M | 105.24M | 107.42M | 28.21M | 117.8M | 96.95M |
| Operating CF Margin % | 31.12% | 13.97% | 32.46% | 35.76% | 40.21% | 26.97% | 37.36% | 27.78% | 54.17% | 33.77% | 37.04% | 20.44% | 48.51% | 11.35% | -3.67% | 22.83% | 28.44% | 8.38% | 36.41% | 33.05% |
| Operating CF Growth % | -2.39% | -37.43% | 3.26% | 68.57% | 3.36% | 9.37% | 31.72% | 56.32% | 13.37% | 193.69% | 1067.32% | -14.3% | 103.69% | 85.08% | -115.44% | 8.55% | 39.4% | -64.59% | 52.19% | 63.4% |
| Net Income | 193.23M | 170.14M | 178.27M | 133.73M | 133.79M | 1.45B | 144.43M | 100.37M | 92.54M | 96.91M | 121.16M | 99.5M | 109.8M | 119.09M | 124.34M | 114.68M | 79.57M | 72.67M | 68.77M | 55.17M |
| Depreciation & Amortization | 15.11M | 14.24M | 13.7M | 13.12M | 11.45M | 10.04M | 9.45M | 8.69M | 8.25M | 10.23M | 10M | 9.95M | 9.99M | 8.77M | 9.67M | 9.57M | 9.12M | 8.32M | 7.73M | 7.12M |
| Stock-Based Compensation | 41.1M | 0 | -120.93M | 60.1M | 52.81M | 56.01M | 51.4M | 52.31M | 45.93M | 41.11M | 33.6M | 37.99M | 37.01M | 35.27M | 43M | 42.91M | 39.81M | 31.2M | 31.57M | 32.13M |
| Deferred Taxes | -152K | 12.96M | 9.7M | 8.61M | 8.43M | -1.3B | -777K | -6.07M | 248K | -5.06M | 11.91M | -362K | -622K | -12M | 166K | -1M | -381K | -3.78M | -1K | 1K |
| Other Non-Cash Items | 892K | 56.9M | 176.38M | -7.69M | 602K | -3.7M | -10.57M | -7.04M | -8.21M | -8.78M | -59K | -4.12M | -2.27M | -1.31M | 2.51M | 6.32M | 3.54M | -362K | 1.69M | -749K |
| Working Capital Changes | 83K | -149.33M | -17.86M | 29.77M | 49.31M | -47.72M | 37.77M | -7.28M | 109.29M | 18.91M | -709K | -52.79M | 64.91M | -97.6M | -197.87M | -67.24M | -24.24M | -79.85M | 8.04M | 3.28M |
| Change in Receivables | -46.51M | -14.03M | -46.77M | 20.07M | -42.34M | -7.82M | -6.8M | 36.53M | -14.58M | 5.99M | -16.65M | 15.1M | -1.56M | -29.3M | -27.9M | -5.2M | -15.51M | -24.94M | -2.31M | 6.52M |
| Change in Inventory | -54.51M | -59.02M | -15.04M | -35.84M | -35.18M | 5.32M | 1.81M | -30.75M | -11.6M | 13.59M | 30.14M | 3.78M | 16.06M | -49.83M | -37.81M | -48.64M | -51.8M | -51.35M | -30.73M | -2.09M |
| Change in Payables | 29.73M | 7.34M | -2.73M | 15.33M | 21.3M | -21.04M | 13.48M | -5.21M | 35.93M | -2.12M | -5.74M | 13.53M | -880K | -17.51M | 136K | 10.31M | -4.18M | 2.89M | 17.24M | -722K |
| Cash from Investing | -212.32M | -11.55M | 127.56M | -15.8M | -257.49M | 519.17M | -26.76M | -3.35M | -266.01M | 33.97M | -212.96M | -12.05M | 12.31M | -50.18M | 31M | 18.28M | -11.61M | -39.75M | -86.93M | -69.34M |
| Capital Expenditures | -70.85M | -41.41M | -42.52M | -48.14M | -40.34M | -64.8M | -33.82M | -31.51M | -15.99M | -13.81M | -27.09M | -7.83M | -8.85M | -12.84M | -7.28M | -11.84M | -26.88M | -17.6M | -19.37M | -39.3M |
| CapEx % of Revenue | 8.81% | 5.51% | 5.77% | 7.24% | 6.33% | 10.42% | 5.45% | 6.21% | 3.49% | 3.04% | 5.71% | 1.77% | 1.96% | 2.79% | 1.47% | 2.57% | 7.12% | 5.23% | 5.99% | 13.4% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1K | -33.28M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25K | -793K | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 5.9M | -3.18M | -810K | -2.44M | -575K | -3.04M | -455K | -18.83M | -650K | -2.39M | -611K | -1.65M | -2.21M | -13.5M | -718K | -1.51M | -760K | -625K | 562K | -810K |
| Cash from Financing | -75.27M | -77.3M | -73.24M | -79.41M | -55.92M | -685.37M | -63.22M | -73.64M | -50M | -54.41M | -47.11M | -49.95M | -32.25M | -35.86M | -32.56M | -36.12M | -24.25M | -27.25M | -24.81M | -27.16M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 5.83M | -1.98M | -1.65M | -3.69M | 5.33M | -622.08M | -5.53M | -4.55M | 530K | -3.74M | 3.83M | 4K | 4.85M | 1.01M | 4.11M | 1.01M | 5.1M | 2.17M | 4.6M | 2.18M |
| Dividends Paid | -78.4M | -74.82M | -74.91M | -75.06M | -60.01M | -61.86M | -61.16M | -68.06M | -49.55M | -50.58M | -49.4M | -49.14M | -36.73M | -36.4M | -36.27M | -36.47M | -28.82M | -28.64M | -28.5M | -28.75M |
| Share Repurchases | 0 | -1.98M | -1.65M | -3.69M | 5.33M | -622.08M | -5.53M | -4.55M | -4.08M | -3.74M | 0 | 0 | 3.74M | 0 | 0 | 0 | 2.79M | 0 | 0 | 0 |
| Other Financing | -2.7M | -494K | 3.31M | -659K | -1.24M | -1.43M | 3.48M | -1.03M | -978K | -94K | -1.54M | -818K | -374K | -468K | -397K | -662K | -528K | -785K | -909K | -577K |
| Net Change in Cash | -36.37M | 18.13M | 293.87M | 150.04M | -54.46M | -8.54M | 150.01M | 62.2M | -72.77M | 139.87M | -85.78M | 17.99M | 200.37M | -27.6M | -26.66M | 82.26M | 71.34M | -36.82M | 5.88M | 1.84M |
| Free Cash Flow | 179.4M | 61.9M | 198.75M | 187.49M | 216.04M | 102.88M | 197.88M | 109.47M | 232.06M | 139.51M | 148.82M | 82.36M | 209.95M | 39.36M | -25.47M | 93.39M | 80.54M | 10.61M | 98.43M | 57.65M |
| FCF Margin % | 22.31% | 8.24% | 26.96% | 28.21% | 33.89% | 16.55% | 31.91% | 21.57% | 50.68% | 30.73% | 31.34% | 18.67% | 46.55% | 8.56% | -5.14% | 20.26% | 21.32% | 3.15% | 30.42% | 19.65% |
| FCF Growth % | -16.96% | -39.84% | 0.44% | 71.28% | -6.9% | -26.26% | 32.97% | 32.92% | 10.53% | 254.42% | 684.38% | -11.82% | 160.68% | 270.99% | -125.87% | 62.01% | 38.66% | -84.44% | 70.34% | 28.83% |
| FCF per Share | 3.64 | 1.26 | 4.14 | 3.91 | 4.50 | 2.12 | 4.04 | 2.24 | 4.74 | 2.85 | 3.05 | 1.69 | 4.32 | 0.81 | -0.53 | 1.93 | 1.67 | 0.22 | 2.06 | 1.21 |
| FCF Conversion (FCF/Net Income) | 1.30x | 0.62x | 1.34x | 1.78x | 1.92x | 0.12x | 1.60x | 1.40x | 2.68x | 1.58x | 1.45x | 0.91x | 1.99x | 0.44x | -0.15x | 0.92x | 1.35x | 0.39x | 1.71x | 1.76x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 31.44M | 0 | 4.96M | 0 | 0 | -58.61M | 24.55M | 33.34M | 725K | 11.45M | 15.46M | 0 | 0 | 23.6M | 20.29M | 40.89M | 244K | 4.93M | 7.19M | 8.65M |