Monolithic Power Systems, Inc. (MPWR) financial statements (2021 and earlier)
Company profile
| Business Address |
5808 LAKE WASHINGTON BLVD. NE KIRKLAND, WA 98033 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 3674 - Semiconductors and Related Devices (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 595 | 455 | 377 | 299 | 268 | 235 | 239 | ||
| Cash and cash equivalents | 335 | 173 | 173 | 83 | 113 | 91 | 126 | ||
| Short-term investments | 260 | 282 | 205 | 216 | 156 | 144 | 112 | ||
| Receivables | 67 | 53 | 55 | 38 | 34 | 31 | 26 | ||
| Inventory, net of allowances, customer advances and progress billings | 157 | 128 | 136 | 99 | 71 | 63 | 41 | ||
| Inventory | 157 | 128 | 136 | 99 | 71 | 63 | 41 | ||
| Other current assets | 23 | 20 | 12 | 13 | 9 | ||||
| Other undisclosed current assets | 3 | 3 | |||||||
| Total current assets: | 842 | 655 | 581 | 449 | 383 | 332 | 308 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 282 | 228 | 150 | 145 | 85 | 65 | 63 | ||
| Long-term investments and receivables | 3 | 3 | 5 | 5 | 5 | 5 | |||
| Long-term investments | 3 | 3 | 5 | 5 | 5 | 5 | |||
| Intangible assets, net (including goodwill) | 7 | 7 | 7 | 8 | 10 | 12 | 13 | ||
| Goodwill | 7 | 7 | 7 | 7 | 7 | 7 | 7 | ||
| Intangible assets, net (excluding goodwill) | 0 | 1 | 3 | 5 | 7 | ||||
| Prepaid expense | 1 | ||||||||
| Deferred costs | 6 | ||||||||
| Deferred income tax assets | 19 | 17 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other noncurrent assets | 60 | 46 | 36 | 30 | 27 | 16 | 8 | ||
| Other undisclosed noncurrent assets | 17 | 16 | 1 | (5) | (13) | ||||
| Total noncurrent assets: | 366 | 301 | 213 | 203 | 128 | 93 | 85 | ||
| Other undisclosed assets | 6 | 6 | |||||||
| TOTAL ASSETS: | 1,208 | 956 | 793 | 653 | 511 | 431 | 399 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 147 | 98 | 80 | 66 | 53 | 23 | 28 | ||
| Accounts payable | 38 | 27 | 23 | 23 | 17 | 13 | 13 | ||
| Accrued liabilities | 63 | 45 | 39 | 28 | 23 | ||||
| Employee-related liabilities | 46 | 26 | 19 | 16 | 13 | 10 | 9 | ||
| Interest and dividends payable | 6 | ||||||||
| Other liabilities | 20 | 15 | |||||||
| Other undisclosed current liabilities | (6) | ||||||||
| Total current liabilities: | 147 | 98 | 80 | 66 | 53 | 43 | 37 | ||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 95 | 85 | 73 | 65 | 27 | 19 | 23 | ||
| Accounts payable and accrued liabilities | 37 | 38 | 34 | 32 | 4 | 3 | 1 | ||
| Deferred compensation liability, classified | 6 | ||||||||
| Deferred tax liabilities, net | ✕ | ✕ | 6 | ||||||
| Other liabilities | 58 | 47 | 39 | 33 | 23 | 17 | 10 | ||
| Other undisclosed noncurrent liabilities | (7) | ||||||||
| Total noncurrent liabilities: | 95 | 85 | 73 | 65 | 27 | 19 | 16 | ||
| Total liabilities: | 242 | 183 | 153 | 131 | 80 | 63 | 53 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 967 | 773 | 640 | 522 | 431 | 369 | 346 | ||
| Common stock | 241 | ||||||||
| Accumulated other comprehensive income (loss) | 10 | (5) | (6) | 2 | (4) | 1 | 6 | ||
| Retained earnings | 299 | 229 | 195 | 144 | 119 | 101 | 100 | ||
| Other undisclosed stockholders' equity attributable to parent | 658 | 550 | 451 | 377 | 316 | 266 | |||
| Total stockholders' equity: | 967 | 773 | 640 | 522 | 431 | 369 | 346 | ||
| TOTAL LIABILITIES AND EQUITY: | 1,208 | 956 | 793 | 653 | 511 | 431 | 399 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 844 | 628 | 582 | 471 | 389 | 333 | 283 | |
| Revenue, net | ✕ | ✕ | ✕ | 471 | 389 | 333 | 283 | |
| Cost of revenue | (378) | (282) | (260) | (213) | (178) | (153) | (130) | |
| Gross profit: | 466 | 346 | 323 | 258 | 211 | 180 | 153 | |
| Operating expenses | (307) | (244) | (209) | (181) | (156) | (139) | (117) | |
| Operating income: | 159 | 103 | 113 | 77 | 54 | 41 | 35 | |
| Nonoperating income | 10 | 11 | 5 | 6 | 3 | 1 | 1 | |
| Other nonoperating income | 1 | 0 | 5 | 6 | 3 | 1 | 1 | |
| Income from continuing operations before income taxes: | 169 | 113 | 118 | 83 | 57 | 42 | 36 | |
| Income tax expense | (5) | (4) | (13) | (18) | (5) | (7) | (1) | |
| Net income available to common stockholders, diluted: | 164 | 109 | 105 | 65 | 53 | 35 | 35 | |
Comprehensive Income ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 164 | 109 | 105 | 65 | 53 | 35 | 35 | |
| Other comprehensive income (loss) | 16 | 0 | (7) | 6 | (6) | (4) | (0) | |
| Comprehensive income, net of tax, attributable to parent: | 180 | 109 | 98 | 71 | 47 | 31 | 35 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.