As of Q4'25, MPWR reported a revenue surprise of 1.18% and a year-over-year revenue growth of 20.83%. This marks a moderation in revenue surprise compared to previous quarters, while YoY growth remains robust. From Q1'23 to Q4'25, revenue surprise percentages for MPWR have shown notable volatility, peaking at 3.42% in Q2'24 before trending downward. Revenue growth experienced a sharp decline into negative territory during mid-2023, but rebounded strongly from Q1'24 onward, reaching a high of 39.24% in Q1'25. The data indicates a recovery phase with accelerating growth through 2024, followed by a stabilization in both revenue surprise and growth rates by the end of 2025.