Form 10-Q · Quarterly report
Monolithic Power Systems 10-Q, filed Aug 5, 2026
- Filed
- CIK
- 0001280452
- Accession no.
- 0001628280-26-053275
Summary
Monolithic Power Systems reported second-quarter 2026 revenue of $980.6 million, up 47.6% from $664.6 million a year earlier, driven mainly by a 164.3% increase in its enterprise data end market on higher sales of power management solutions for AI and server applications; net income rose to $257.3 million from $135.0 million. The company said tariffs, export controls and other trade requirements had no material impact on its revenue or operations during the quarter, and that 94% of its revenue came from direct customers in Asia.
Key points
- Second-quarter 2026 revenue was $980.6 million, up 47.6% year over year; six-month revenue was $1,784.8 million, up 37.1%.
- Enterprise data end-market revenue rose 164.3% to $380.6 million in the quarter, and communications rose 78.3% to $131.6 million.
- Gross margin was 55.2% for the quarter and 55.3% for the six months, versus 55.1% and 55.2% a year earlier.
- Net income for the quarter was $257.3 million compared with $135.0 million a year earlier; direct customer sales in Asia were 94% of quarterly revenue.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion Overview We are a fabless global company that provides high-performance, semiconductor-based power electronics solutions. Our mission is to reduce energy and material consumption to improve all aspects of quality of life and create a sustainable future. Founded in 1997 by our CEO Michael Hsing, we have three core strengths: deep system-level knowledge, strong semiconductor design expertise, and innovative proprietary technologies in the areas of semiconductor processes, system integration, and packaging. …
An excerpt of the text as filed with the SEC, cut for length.
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