MPWR
Monolithic Power Systems, Inc.
MPWR's outlook is improving, though it still trails on the overall score.
NVDA
NVIDIA Corporation
NVDA has the edge over MPWR overall, supported by stronger valuation and stronger fundamentals.
MPWR Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Healthy | |
| Strong |
MPWR's revenue, profitability, cash flow and balance sheet are all currently healthy.
NVDA Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
NVDA's revenue, profitability, cash flow and balance sheet are all currently strong.
MPWR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 34x | $1,447 | — |
| Cheap | 45x | $808 | -44% |
| Fair | 77x | $1,400 | -3.3% |
| Current | 80x | $1,447 | — |
| Expensive | 105x | $1,910 | +32% |
Historical ranges are pointers, not guarantees.
MPWR's PE is in its fair range at 80x. If earnings grow as analysts expect, today's price would be 34x next year's earnings, in its cheap range.
NVDA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 12x | $166 | — |
| Current | 21x | $166 | — |
| Cheap | 44x | $345 | +108% |
| Fair | 65x | $511 | +207% |
| Expensive | 93x | $734 | +342% |
Historical ranges are pointers, not guarantees.
NVDA has the edge over MPWR in the historical PE scenario, which offers more potential upside but is not a forecast.
MPWR Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
MPWR has the edge over NVDA on the outlook, with more favorable profitability expectations.
NVDA Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Broad | |
| Moderate |
Analysts expect strong earnings and revenue growth for NVDA, but weaker profitability.
MPWR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $42.12 | +132% |
| Q3 2026 | $18.15 | -53% |
| Q2 2026 | $16.35 | -57% |
| Q1 2026 | $13.91 | -63% |
| Q4 2025 | $12.78 | -65% |
| Q3 2025 | $38.98 | +339% |
| Q2 2025 | $38.22 | +355% |
| Q1 2025 | $37.49 | +347% |
| Q4 2024 | $36.59 | +318% |
MPWR's earnings per share have fallen from their peak: $18.15 over the past year, against $38.98 in late 2025.
NVDA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.77 | +74% |
| Q3 2026 | $7.91 | +125% |
| Q2 2026 | $6.53 | +111% |
| Q1 2026 | $4.90 | +67% |
| Q4 2025 | $4.03 | +59% |
| Q3 2025 | $3.51 | +65% |
| Q2 2025 | $3.10 | +81% |
| Q1 2025 | $2.94 | +147% |
| Q4 2024 | $2.54 | +234% |
NVDA's earnings per share have climbed steadily: $7.91 over the past year, up 125% from the year before, and higher year over year for 13 quarters in a row.
MPWR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +63% |
| Q2 2026 | $980.6M | +48% |
| Q1 2026 | $804.2M | +26% |
| Q4 2025 | $751.2M | +21% |
| Q3 2025 | $737.2M | +19% |
| Q2 2025 | $664.6M | +31% |
| Q1 2025 | $637.6M | +39% |
| Q4 2024 | $621.7M | +37% |
MPWR's revenue has grown year over year for 11 quarters in a row: $1.2B last quarter, up 63% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 30% | +3.3 points |
| Q2 2026 | 31% | +6.2 points |
| Q1 2026 | 30% | +3.5 points |
| Q4 2025 | 27% | +0.4 points |
| Q3 2025 | 26% | 0 points |
| Q2 2025 | 25% | +1.8 points |
| Q1 2025 | 26% | +5.6 points |
| Q4 2024 | 26% | +2.1 points |
MPWR's operating margin was 30% last quarter, up 3.3 points from the same quarter a year ago.
NVDA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $96.2B | +106% |
| Q2 2026 | $81.6B | +85% |
| Q1 2026 | $68.1B | +73% |
| Q4 2025 | $57B | +62% |
| Q3 2025 | $46.7B | +56% |
| Q2 2025 | $44.1B | +69% |
| Q1 2025 | $39.3B | +78% |
| Q4 2024 | $35.1B | +94% |
NVDA has the edge over MPWR on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 66% | +5.4 points |
| Q2 2026 | 66% | +17 points |
| Q1 2026 | 65% | +3.9 points |
| Q4 2025 | 63% | +0.8 points |
| Q3 2025 | 61% | -1.2 points |
| Q2 2025 | 49% | -16 points |
| Q1 2025 | 61% | -0.5 points |
| Q4 2024 | 62% | +4.9 points |
NVDA has the edge over MPWR on profitability, with a higher operating margin.
MPWR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $220.6M | +12% |
| Q2 2026 | $145.5M | -23% |
| Q1 2026 | $179.4M | -17% |
| Q4 2025 | $63.9M | -38% |
| Q3 2025 | $196.8M | -0.6% |
| Q2 2025 | $189.5M | +73% |
| Q1 2025 | $216M | -6.9% |
| Q4 2024 | $102.9M | -26% |
MPWR generated $609M in free cash flow over the past year, down 14% from the year before.
NVDA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $21.4B | +59% |
| Q2 2026 | $48.6B | +86% |
| Q1 2026 | $34.9B | +124% |
| Q4 2025 | $22.1B | +32% |
| Q3 2025 | $13.5B | -0.3% |
| Q2 2025 | $26.2B | +75% |
| Q1 2025 | $15.6B | +38% |
| Q3 2024 | $13.5B | +113% |
NVDA has the edge over MPWR on cash flow, with more consistent year-over-year improvement.
MPWR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -76K shares |
| 1 year | +2.4% | +1.1M shares |
| 3 years | +0.8% | +392K shares |
| 5 years | +2.8% | +1.3M shares |
| Available history | +5.8% | +2.7M shares |
MPWR has 49M diluted shares, up 2.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $453.4M |
| Q4 2025 | $1.9M |
| Q3 2025 | $2.1M |
| Q2 2025 | $2.6M |
| Q1 2025 | — |
| Q4 2024 | $622.1M |
| Q3 2024 | $5.5M |
| Q2 2024 | $4.6M |
NVDA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -106M shares |
| 1 year | -1% | -247M shares |
| 3 years | -2.8% | -705M shares |
| 5 years | -4.1% | -1B shares |
| Available history | -1.8% | -435M shares |
NVDA has the edge over MPWR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $19.7B |
| Q2 2026 | $19.3B |
| Q1 2026 | $3.8B |
| Q4 2025 | $12.5B |
| Q3 2025 | $9.7B |
| Q2 2025 | $14.1B |
| Q1 2025 | $7.8B |
| Q4 2024 | $11B |
NVDA spent $55.3B buying back its own shares over the past year, up 30% from the year before.
MPWR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.5x | Net Cash |
| Q2 2026 | -1.0x | Net Cash |
| Q1 2026 | -1.2x | Net Cash |
| Q4 2025 | -1.4x | Net Cash |
| Q3 2025 | -1.5x | Net Cash |
| Q2 2025 | -1.1x | Net Cash |
| Q1 2025 | -1.0x | Net Cash |
| Q4 2024 | -1.2x | Net Cash |
MPWR has the edge over NVDA on leverage, with a lower net debt burden relative to earnings.
NVDA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | -0.0x | Net Cash |
| Q1 2026 | -0.0x | Net Cash |
| Q4 2025 | -0.0x | Net Cash |
| Q3 2025 | -0.0x | Net Cash |
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.0x | Very low |
| Q4 2024 | -0.0x | Net Cash |
NVDA's net debt is less than a year of its operating earnings (EBITDA), after holding more cash than debt a year ago.
MPWR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.1 | Neutral |
| Stochastic | 40.0 | Neutral |
MPWR's weekly RSI is 57 (neutral) and its Stochastic is 40 (neutral).
NVDA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.4 | Neutral |
| Stochastic | 18.1 | Oversold |
NVDA's weekly RSI is 33 (neutral) and its Stochastic is 18 (oversold).
MPWR PE vs Technology Sector
| Metric | MPWR | Sector median | Relative |
|---|---|---|---|
| PE | 80x | 28x | 186% above |
| PE % | 53 | 35 | 18 pts above |
MPWR is trading at 80x earnings, a 186% premium to the Technology sector's median of 28x.
NVDA PE vs Technology Sector
| Metric | NVDA | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 28x | 25% below |
| PE % | 0 | 35 | 35 pts below |
NVDA has the edge over MPWR on valuation relative to its sector.
MPWR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1,299.2 | 11% above |
| 20 week MA | $1,307.9 | 11% above |
| 50 week MA | $1,268.3 | 14% above |
| 100 week MA | $1,001.6 | 45% above |
| 200 week MA | $812.9 | 78% above |
MPWR has the edge over NVDA on trend strength, trading above more of its moving averages.
NVDA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $208.9 | 20% below |
| 20 week MA | $212.0 | 22% below |
| 50 week MA | $199.9 | 17% below |
| 100 week MA | $175.1 | 5.1% below |
| 200 week MA | $123.6 | 34% above |
NVDA has fallen below most of its moving averages, though it's still 34% above its 200-week average.
MPWR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $178.4 | $357.1 | +100% |
| 2021 | $357.1 | $495.6 | +39% |
| 2022 | $495.6 | $350.6 | -29% |
| 2023 | $350.6 | $630.8 | +80% |
| 2024 | $630.8 | $612.7 | -2.9% |
| 2025 | $612.7 | $946.3 | +54% |
| 2026 YTD | $946.3 | $1,447.4 | +53% |
MPWR has the edge over NVDA on returns for 2026, with the stronger performance.
NVDA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.92 | $13.0 | +119% |
| 2021 | $13.0 | $29.6 | +128% |
| 2022 | $29.6 | $15.2 | -49% |
| 2023 | $15.2 | $49.5 | +226% |
| 2024 | $49.5 | $137.0 | +177% |
| 2025 | $137.0 | $190.5 | +39% |
| 2026 YTD | $190.5 | $166.2 | -13% |
NVDA's yearly returns have swung widely, from +226% in 2023 to −49% in 2022. It's down 13% so far in 2026.