MPS(US:MPWR) Globenewswire·2026-02-05 21:01Core Insights - MPS reported a record revenue of $2.79 billion for 2025, marking a year-over-year growth of 26.4% driven by consistent execution and innovation [2][8] - The company experienced a significant decline in net income, which fell by 65.5% to $615.9 million compared to $1.79 billion in 2024 [2][11] - MPS's strategy focuses on innovation and expanding into new markets while diversifying its end-market applications and supply chain [10][11] Financial Performance - 2025 Financial Summary: - Revenue: $2,790.5 million, up from $2,207.1 million in 2024 [2] - Gross Margin: 55.2%, slightly down from 55.3% in 2024 [2] - Operating Margin: Increased to 26.1% from 24.4% [2] - Net Income: $615.9 million, down from $1,786.7 million [2] - Diluted EPS: $12.75, a decrease from $36.59 [2] - Q4 2025 Performance: - Revenue: $751.2 million, a 20.8% increase year-over-year [17] - Net Income: $170.1 million, down 88.3% from $1.45 billion in Q4 2024 [28] - Diluted EPS: $3.46, a significant drop from $29.88 in Q4 2024 [28] Revenue by End Market - 2025 Revenue Breakdown: - Storage & Computing: $732.5 million, up 46.0% year-over-year [12] - Automotive: $592.5 million, a 43.1% increase [13] - Communications: $309.1 million, up 36.8% [14] - Consumer: $255.2 million, a 26.3% increase [14] - Industrial: $199.4 million, up 35.3% [15] - Enterprise Data: $701.8 million, down 2.0% [15] - Q4 2025 Revenue by End Market: - Enterprise Data: $233.5 million, up 19.8% year-over-year [18] - Storage & Computing: $162.1 million, up 18.8% [23] - Automotive: $151.0 million, up 17.6% [20] - Communications: $83.7 million, up 31.2% [19] - Consumer: $66.2 million, up 15.5% [22] - Industrial: $54.7 million, up 34.1% [21] Business Outlook - For Q1 2026, MPS forecasts revenue between $770 million and $790 million, with GAAP gross margin expected to be between 54.9% and 55.5% [34] - The company plans to increase its quarterly dividend by 28% to $2.00 per share [35]