### @MPWR — Confirmed — from the annual filing and earnings call
Monolithic Power Systems sells largely through distributors, and the customer base is concentrated at the top: in FY2025 three distributors each exceeded 10% of revenue—about 26%, 18% and 10%—roughly 54% combined, and receivables were even more concentrated, around 60%, okay? We don’t disclose the distributors’ names. Beneath that concentration we run a deliberately diversified end‑market base across six segments—storage and computing, enterprise data, automotive, communications, consumer and industrial—and five of the six grew between 26% and 46% in 2025, okay?
- tier: Confirmed (✓)
- source: MPWR / Concentrated at the top, diversified underneath
- receipt: https://ticker.thevixguy.com/p/p-day-20260809-mpwr-src-mpwr-concentration-rotation
- posted: 2026-08-09T17:55:26.432Z