How did Monolithic Power's revenue and expenses trend in Q4 2024 compared to previous quarters?

**Monolithic Power's Revenue Trend in Q4 2024**: 1. **Q4 2024 Revenue**: Monolithic Power reported a total revenue of $457.89 million for Q4 2024. |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |MPWR|MPWR.O|Monolithic Power|2023 Q4|-1.3043138005095518|4.54012E8|185| |MPWR|MPWR.O|Monolithic Power|2024 Q1|1.5119772094930886|4.57885E8|185| |MPWR|MPWR.O|Monolithic Power|2024 Q2|15.030331332402385|5.07431E8|185| |MPWR|MPWR.O|Monolithic Power|2024 Q3|30.587933042304478|6.20119E8|185| 2. **Comparison with Previous Quarters**: - Q4 2024 revenue was higher than Q3 2024 revenue, which was $620.12 million. - Q4 2024 revenue was also higher than Q2 2024 revenue, which was $457.89 million. - Q4 2024 revenue was slightly lower than Q1 2024 revenue, which was $620.12 million. 3. **Year-over-Year Comparison**: Monolithic Power's revenue in Q4 2024 increased by approximately 30.6% year-over-year. 4. **Outlook**: The company expects revenue for the ongoing quarter (Q1 2025) to be in the range of $600 million to $620 million. **Monolithic Power's Expense Trend in Q4 2024**: 1. **Q4 2024 Expenses**: There are no available data on the specific expenses for Q4 2024. However, the company reported a total of $50.3 million to $52.3 million in stock-based compensation and related expenses, including approximately $1.6 million that would be charged to cost of goods sold. 2. **Comparison with Previous Quarters**: The company's non-GAAP operating expenses for Q3 2024 were $125.2 million, which was an increase of approximately 29.5% year-over-year. 3. **Year-over-Year Comparison**: The gross margin for Q4 2024 was between 55.2% and 55.8%, and the non-GAAP gross margin was between 55.5% and 56.1%. In conclusion, Monolithic Power's revenue in Q4 2024 was higher than in the previous quarter (Q3 2024) but slightly lower than in the quarter before that (Q2 2024), and the company's revenue for the ongoing quarter (Q1 2025) is expected to be around $600 million to $620 million. The company's expenses in Q4 2024 are not fully detailed, but the non-GAAP operating expenses and gross margin are provided, indicating a slight decrease in gross margin but an increase in non-GAAP operating expenses compared to the previous year.