Earnings ·
Monolithic Power Systems reported second quarter 2026 financial results with record revenue of $980.6 million, a 47.6%…
MPWRMonolithic Power Systems, Inc.
Monolithic Power Systems reported second quarter 2026 financial results with record revenue of $980.6 million, a 47.6% year-over-year increase and 21.9% sequential growth. GAAP net income rose to $257.3 million, or $5.22 diluted EPS, while non-GAAP net income reached $320.1 million, or $6.50 diluted EPS. Enterprise Data revenue surged 164.3% year-over-year to $380.6 million, driving the overall performance. The company provided third quarter 2026 guidance forecasting revenue between $1,140 million and $1,160 million. Additionally, the Board authorized an additional $500 million for stock repurchases, bringing the total authorization to $1 billion. Monolithic Power Systems is a fabless semiconductor company that provides high-performance power electronics solutions.