Dividend hike and CFO transition at Monolithic Power Systems (NASDAQ: MPWR)

Rhea-AI Filing Summary

Monolithic Power Systems announced leadership changes, a higher dividend, and the release of its latest quarterly and annual results. The company’s Board approved an increase in the quarterly cash dividend from $1.56 per share to $2.00 per share, with the first $2.00 dividend payable on April 15, 2026 to stockholders of record on March 31, 2026.

The company’s Executive Vice President and Chief Financial Officer, T. Bernie Blegen, plans to retire after the issuance of the 2025 annual report on Form 10-K and will remain to assist with a smooth transition. The Board appointed Rob Dean, currently Corporate Controller, as interim Chief Financial Officer effective on that date.

The company also released a press release and detailed earnings commentary covering financial results for the quarter and year ended December 31, 2025, along with a separate press release discussing the CFO transition.

Positive

• Substantial dividend increase: The Board raised the quarterly cash dividend from $1.56 per share to $2.00 per share, with the first higher payout scheduled for April 15, 2026 to stockholders of record on March 31, 2026.

Negative

• None.

Insights

Equity income and corporate governance analyst

Dividend rises to $2.00 while MPS manages a planned CFO transition.

Monolithic Power Systems’ Board approved a quarterly dividend increase from $1.56 per share to $2.00 per share. A higher recurring cash return typically signals confidence in cash generation and future earnings capacity, especially when paired with ongoing operations across multiple regions.

The current Executive Vice President and CFO, T. Bernie Blegen, intends to retire after issuance of the 2025 Form 10‑K but will stay on to help with succession. The Board has already named Corporate Controller Rob Dean as interim CFO effective on that post‑filing date, which supports continuity in financial leadership.

Investors tracking cash returns may focus on the first $2.00 quarterly dividend payable on April 15, 2026 to holders of record on March 31, 2026. Subsequent company communications may provide additional detail on long‑term capital allocation and any permanent CFO appointment.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (date of earliest event reported):

February 3, 2026

MONOLITHIC POWER SYSTEMS, INC.

(Exact name of registrant as specified in its charter)

Delaware		000-51026		77-0466789
(State or other jurisdiction of		(Commission		(I.R.S. Employer
incorporation or organization)		File Number)		Identification Number)

1555 Palm Beach Lakes Blvd.,

West Palm Beach, Florida 33401

(Address of principal executive offices)(Zip Code)¹

(561) 839-3999

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, par value $0.001 per share	MPWR	The NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐ 

¹ We have operations in multiple locations in the US, Europe and Asia and have not identified a single location as the Company’s headquarters. We are including this address to comply with the Securities and Exchange Commission’s requirements.

Item 2.02 Results of Operations and Financial Condition.

On February 5, 2026, Monolithic Power Systems, Inc. (the “Company”) issued a press release (the “Press Release”) regarding its financial results for the quarter and year ended December 31, 2025. The Press Release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

Attached hereto as Exhibit 99.2 and incorporated by reference herein is financial information and commentary regarding results of the quarter and year ended December 31, 2025. 

The information under Item 2.02 of this Current Report on Form 8-K and Exhibits 99.1 and 99.2 attached hereto are being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “1934 Act”), nor shall they be deemed incorporated by reference in any filing with the Securities and Exchange Commission under the 1934 Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) Departure of Chief Financial Officer

On February 3, 2026, Bernie Blegen informed the Company’s Board of Directors (the “Board”) of his intention to retire from his position as Executive Vice President and Chief Financial Officer. Mr. Blegen will continue in his role until the issuance of the Company’s 2025 annual report on Form 10-K (the “Effective Date”). Mr. Blegen will remain with the Company after his retirement to ensure a smooth transition with his eventual successor.

(c) Appointment of Interim Chief Financial Officer

On February 3, 2026, the Board appointed Rob Dean, the Company’s Corporate Controller, as interim Chief Financial Officer effective upon the Effective Date. Mr. Dean has no family relationships with any of the Company’s directors or executive officers, and he has no direct or indirect interests in any transactions required to be disclosed pursuant to Item 404(a) of Regulation S-K.

A copy of the press release relating to these announcements is attached hereto as Exhibit 99.3.

Item 8.01 Other Events.

Increase in Quarterly Dividend

In the Press Release, the Company announced that its Board approved an increase in its quarterly cash dividend from $1.56 per share to $2.00 per share. The first quarter dividend of $2.00 per share will be paid on April 15, 2026 to all stockholders of record as of the close of business on March 31, 2026. A copy of the Press Release is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit		Description
99.1		Press release issued on February 5, 2026, announcing the financial results for the quarter and year ended December 31, 2025.
99.2		Earnings commentary for the quarter and year ended December 31, 2025.
99.3		Press release issued on February 5, 2026, announcing the CFO transition.
104		Cover Page Interactive Data File (embedded within the Inline XBRL Document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: February 5, 2026	By:	/s/ T. Bernie Blegen
		T. Bernie Blegen
		Executive Vice President and Chief Financial Officer

FAQ

What dividend change did Monolithic Power Systems (MPWR) announce?

Monolithic Power Systems approved a higher quarterly cash dividend, raising it from $1.56 per share to $2.00 per share. The first increased dividend will be paid on April 15, 2026 to shareholders of record as of March 31, 2026.

When will MPWR shareholders receive the new $2.00 dividend?

The first $2.00 per share quarterly dividend from Monolithic Power Systems will be paid on April 15, 2026. Shareholders must be on record by the close of business on March 31, 2026 to receive this cash distribution.

What CFO leadership changes did Monolithic Power Systems (MPWR) disclose?

Monolithic Power Systems disclosed that Executive Vice President and CFO T. Bernie Blegen intends to retire after the company files its 2025 Form 10‑K. He will remain to support a smooth transition as Rob Dean becomes interim Chief Financial Officer.

Who is Monolithic Power Systems’ new interim CFO?

The Board appointed Rob Dean, previously the company’s Corporate Controller, as interim Chief Financial Officer. His appointment becomes effective upon the issuance of the 2025 annual report on Form 10‑K, following the planned retirement of current CFO T. Bernie Blegen.

Did Monolithic Power Systems (MPWR) report recent financial results in this disclosure?

Yes. Monolithic Power Systems issued a press release and separate earnings commentary covering financial results for the quarter and year ended December 31, 2025. These materials were furnished as exhibits, providing more detail on the company’s recent operating performance.

What exhibits accompanied Monolithic Power Systems’ recent disclosure?

The company provided a press release on February 5, 2026 with quarterly and annual results, a separate earnings commentary for the same period, and a press release outlining the CFO transition. An Inline XBRL cover page data file was also included as an exhibit.