Monolithic Power: 5 High-Voltage Growth Catalysts You Need to Know Now!

Monolithic Power Systems (MPS) delivered a strong performance in its fourth quarter of 2024, marking its 13th consecutive year of growth. The company’s revenue for the entire year was $2.2 billion, reflecting a 21% increase from the previous year. Notably, the fourth quarter achieved a record revenue of $621.7 million, representing a 37% improvement over the same period in 2023. This growth highlights MPS’s successful implementation of a diversified market strategy, underpinned by consistent execution, continuous innovation, and a strong customer focus.