- Market cap
- Revenue
- Net income
- Cash on hand
- Gross margin
- Net margin
- EPS
- P/E ratio
Monolithic Power Systems, Inc. was founded in 1997 by Michael Hsing, who is the current CEO. Prior to the founding of the corporation, Hsing worked as a Senior Silicon Technology Developer at several analog integrated circuit companies.
The company then diversified into DC/DC products. In November 2004, Hsing took the company public with an IPO. Since then, the company has grown to incorporate 13 product lines with more than 4,000 products.
In February 2021, the company was added to the S&P 500. In December 2025, MPS was added to the NASDAQ 100. In 2023, the company made progress on its long-term ESG goals and diversity goals, including the addition of a second female director to its Board of Directors. The company also published its annual ESG report and launched public commitments to reduce Scope 1 and 2 greenhouse gas emissions by 40% by 2030 and to be powered globally by 75% of Renewable Electricity by 2026.