MPS(MPWR) - 2025 Q4 - Annual Results

Exhibit 99.2 Monolithic Power Systems Full Year 2025 and Q4'25 Earnings Commentary | GAAP | | | | | | --- | --- | --- | --- | --- | | 2025 | | 2024 | YoY Change | YoY Change (%) | | Revenue ($k) | $ 2,790,459 | $ 2,207,100 | $ 583,359 | 26.4% | | Gross Margin | 55.2% | 55.3% | (0.1) pts | (0.2)% | | Opex ($k) | $ 811,105 | $ 681,512 | $ 129,593 | 19.0% | | Operating Margin | 26.1% | 24.4% | 1.7 pts | 7.0% | | Net income ($k) | $ 615,927 | $ 1,786,700 | $ (1,170,773) | (65.5)% | | Diluted EPS $ 12.75 | | $ 3 ...