MPWR · 10-Q · 2026Q3 · Full report

Operating Cash Flow Trends

MONOLITHIC POWER SYSTEMS, INC. · 2026-11-03 · Importance 42 · Surprise 14 · From source text

Net cash provided by operating activities was $768.1 million for the nine months ended September 30, 2026, up $34.8 million from $733.3 million in the same 2025 period. The increase primarily reflected higher cash collections from sales, partly offset by increased inventory purchases and other working-capital changes. Net cash used in investing activities was $585.1 million, including $357.0 million higher net investment purchases and $91.6 million higher net property and equipment purchases year over year. Net cash used in financing activities was $727.4 million, with the year-over-year increase primarily reflecting $451.8 million more common-stock repurchases and $68.0 million more dividend and dividend-equivalent payments.

Key facts

• Net cash provided by operating activities was $768.074 million for the nine months ended September 30, 2026, versus $733.292 million in the comparable 2025 period. source
• Net cash provided by operating activities increased $34.8 million in the nine months ended September 30, 2026 versus the same 2025 period, primarily due to increased cash collections from sales, partially offset by increased inventory purchases and other working-capital changes. source

Impact estimates