<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001445300</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0001280452</issuerCik>
      <issuerName>MONOLITHIC POWER SYSTEMS INC</issuerName>
      <secFileNumber>000-51026</secFileNumber>
      <issuerAddress>
        <com:street1>1555 PALM BEACH LAKES BLVD.</com:street1>
        <com:city>WEST PALM BEACH</com:city>
        <com:stateOrCountry>FL</com:stateOrCountry>
        <com:zipCode>33401</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>561-839-3999</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>DEAN ROBERT W II</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Officer</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
        <address>
          <com:street1>1 New York Plaza</com:street1>
          <com:street2>8th Floor</com:street2>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10004</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>4</noOfUnitsSold>
      <aggregateMarketValue>6253.12</aggregateMarketValue>
      <noOfUnitsOutstanding>49139853</noOfUnitsOutstanding>
      <approxSaleDate>05/18/2026</approxSaleDate>
      <securitiesExchangeName>NASDAQ</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>05/15/2026</acquiredDate>
      <natureOfAcquisitionTransaction>Time-based restricted stock units</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>4</amountOfSecuritiesAcquired>
      <paymentDate>05/15/2026</paymentDate>
      <natureOfPayment>N/A</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Robert Dean</name>
        <address>
          <com:street1>1555 PALM BEACH LAKESBLVD.</com:street1>
          <com:city>WEST PALM BEACH</com:city>
          <com:stateOrCountry>FL</com:stateOrCountry>
          <com:zipCode>98033</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <saleDate>02/23/2026</saleDate>
      <amountOfSecuritiesSold>85</amountOfSecuritiesSold>
      <grossProceeds>101787.00</grossProceeds>
    </securitiesSoldInPast3Months>
    <noticeSignature>
      <noticeDate>05/18/2026</noticeDate>
      <signature>/s/ Robert Dean</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
