MPS - Monolithic Power Systems Inc. reported its full year (FY) 2025 financial results, with revenue reaching USD 2.79 billion, reflecting a 26.4% increase. Gross margin for the period was 55.2%. Operating expenses totaled USD 811.11 million, up 19%. Operating margin improved to 26.1%. Net income for the year was USD 615.93 million, representing a 65.5% decrease. The company announced a quarterly dividend increase of 28% to USD 2.00 per share for shareholders of record as of March 31, 2026. MPS expects interest and other income in the range of USD 7.4 million to USD 7.8 million before foreign exchange gains or losses, and has set a non-GAAP tax rate target of 15% for 2026, with fully diluted shares outstanding projected between 49.0 and 49.4 million.

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