Slide 1: Monolithic Power Systems Q3 '23 Earnings Webinar
Slide 2: ‘Ws incangunge ne sscan euanese Gaooe era usar CeO tessa aronjomrtinge eoecae any Ghee
‘Ws incangunge ne sscan euanese Gaooe era usar CeO tessa aronjomrtinge eoecae any Ghee naton-cnee geasincon Gia" nanan sue usd et seta eur ate offeeea 20 an nase, edreon seu ete mca basness sr irayery ate Gove tonarc eraser iereraegaths eran! oy make Segments pba ew cyte agra cl oiarctnesineteisRab
Slide 3: Quarterly Revenue 2020 to 2023
arterly Revenue 2020 to 2023 $250 $150 $100 savas 460.0 ‘3236 $9985. $250.4 $2330) 20 21 a 2 23 20 2 a2 2 23 2 2 2 2 a3
Slide 4: Revenue by Market — Q3'23
Revenue by Market — Q3‘23 % Change From Revenue Q2’23 Q3'22 % of Total $million Enterprise Data 106.2% 31.4% 20.8% $98.9 Storage and Computing 3.9 14.7 27.3 129.5 Consumer (4.3) (30.1) 13.1 62.4 Communications (6.1) (35.3) 9.9 46.8 Automotive (8.8) 9.3 20.0 95.2 Industrial (15.3) (28.2) 8.9 42.1 Tot
Slide 5: General Business Update
General Business Co mrs
Slide 6: Selected P&L Data
Selected P&L Data 2323 9223 322 Revenue $474.9 sata $495.4 GAAP Gross Margin 55.5% 56.1% 58.7% OPEX $128.0 $135.4 $139.0 Operating Income $1356 $1123 $151.9 Operating Margin 28.5% 255% 30.7% ‘Stock Comp. $336 $38.0 $43.0 Net income 1212 $905 $1243 EPS $248 $204 $2.57 ‘Shares O/S (FD) 488 488 48.3 No
Slide 7: Selected Balance Sheet and Cash Flow Data
Selected Bala Sie aon Cash, Cash Equivalents & Investments Cash Flow from Operations Capital Spending Accounts Receivable Dollars Days Inventory Dollars Days ~ Current quarter revenue Next quarter's revenue 3°23 223 Q3'22 $1,042.9 $941.1 $738.1 $175.9 $90.2 ($18.2) $27.1 $7.8 $7.3 $185.8 $169.2 $153
Slide 8: 2023 Q4 Outlook
2023 Q4 Outlook ‘on sharesin mains Range From To Revenue $442.0 $462.0 GAAP Gross Margin 55.2% 55.8% Operating Expenses $127.1 $131.1 Non-GAAP Gross Margin 55.4% 56.0% Operating Expenses $95.9 $97.9 Total Stock Compensation Expense $32.2 $34.2 Interest Income $4.1 $4.5 Shares Outstanding (FD) 48.7 4
Slide 9: Slide 9
Slide 10: Net Income to Non-GAAP Net Income Reconciliation
Net Income to Non-GAAP Net Income Reconciliatio RECONCILIATION OF NET INCOME TO NON-GAAP NET INCOME (Unaucted, In thousands, except per share amounts) ‘Three Months Ended September Nine Months Ended September 2023 2022 Net income Sie Ss waar s 5 ‘Adjustments to reconcile net income to non-GAAP net i
Slide 11: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation RECONCILIATION OF GROSS MARGIN TO NON-GAAP GROSS MARGIN (Waausited, in thousands) Three Months Ended September Nine Months Ended September 2023 2022 2023 2022 Gross profit Sas SOMERS TOTS (Gross margin 555% Br Ex 3a5% ‘Adjustments to reconcile gross prft to non-GAAP g
Slide 12: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliatio! (Umodtad inttosands “Them Months End Sop Wine Month Ended Spin Tee operairg ncome 1355 TERT atnedts 1 reonce atl epeatng ame anon GAAP tal operating come ‘Sod tased compensation epense Seas een eeu 125.703 ‘rarzabon of pase nargble assets 3 3 2 2 Daleredcompenaton sam
Slide 13: GAAP to Non-GAAP Reconciliation: 2023 Fourth Quarter Outlook
GAAP to Non-GAAP Reconciliatio! 2023 FOURTH QUARTER OUTLOOK RECONCILIATION OF GROSS MARGIN TO NON-GAAP GROSS MARGIN (Unaudeed) ‘Three Months Ending December 31, 2023, tow High 55.2% 55.8% Gross margin Adjustment to reconcile gross margin to non-GAAP gross margin: ‘Stock-based compensation expense No