# MONOLITHIC POWER SYSTEMS INC (MPWR) FY2023 Annual P&L / Income Statement

- Company: MONOLITHIC POWER SYSTEMS INC (MPWR)
- Period: 2023-01-01 to 2023-12-31
- Filing: FY2023 10-K, filed 2024-02-29, accession number 0001437749-24-006133
- Page: https://plicit.ai/financials/mpwr/fy2023-annual-income-statement
- Chart image: https://plicit.ai/charts/mpwr-fy2023-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2023-01-01 through 2023-12-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 1,821,072,000 US dollars
- **Cost of revenue**: 799,953,000 US dollars
- **Gross profit**: 1,021,119,000 US dollars
- **Total operating expenses**: 539,383,000 US dollars
- **Operating income**: 481,736,000 US dollars
- **Other income (expense), net**: 24,105,000 US dollars
- **Income before income taxes**: 505,841,000 US dollars
- **Income tax expense**: 78,467,000 US dollars
- **Net income**: 427,374,000 US dollars
- **DC To DC Products**: 1,718,623,000 US dollars
- **Lighting Control Products**: 102,449,000 US dollars
- **Research and development**: 263,643,000 US dollars
- **Selling, general and administrative**: 275,740,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/mpwr/fy2023-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/mpwr-fy2023-annual-revenue-by-geography-sankey.png

Income statement for 2023-01-01 through 2023-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenue**: 1,821,072,000 US dollars
- **Cost of revenue**: 799,953,000 US dollars
- **Gross profit**: 1,021,119,000 US dollars
- **Total operating expenses**: 539,383,000 US dollars
- **Operating income**: 481,736,000 US dollars
- **Other income (expense), net**: 24,105,000 US dollars
- **Income before income taxes**: 505,841,000 US dollars
- **Income tax expense**: 78,467,000 US dollars
- **Net income**: 427,374,000 US dollars
- **CHINA**: 934,768,000 US dollars
- **TAIWAN**: 307,499,000 US dollars
- **KOREA, REPUBLIC OF**: 169,867,000 US dollars
- **Europe**: 132,620,000 US dollars
- **UNITED STATES**: 97,294,000 US dollars
- **JAPAN**: 93,340,000 US dollars
- **South East Asia**: 85,150,000 US dollars
- **Other Region**: 534,000 US dollars
- **Research and development**: 263,643,000 US dollars
- **Selling, general and administrative**: 275,740,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.