Form 8-K · Current report
Monolithic Power Systems 8-K, filed Oct 29, 2026
- Filed
- CIK
- 0001280452
- Accession no.
- 0001628280-26-068202
Summary
Monolithic Power Systems reported record quarterly revenue of $1.2 billion for the quarter ended September 30, 2026, up 63.1% year over year, with enterprise data sales of $506.7 million driven by power management for AI and server applications; CEO Michael Hsing attributed the growth to the company's diversified strategy. The company also appointed Tony Balow, previously its vice president of finance and a 23-year Intel veteran, as chief financial officer, and Robert Dean, its interim CFO, as chief accounting officer, both effective October 27, 2026.
Key points
- Q3 2026 GAAP revenue was $1,202.4 million, up 22.6% from the prior quarter and 63.1% from a year earlier, the first quarter above $1 billion.
- GAAP diluted EPS was $5.51 and non-GAAP diluted EPS was $8.19, versus $3.74 and $4.73 a year earlier.
- Enterprise data revenue rose 164.6% year over year to $506.7 million, or 42.1% of total revenue.
- MPS said capacity supports $6 billion in annual revenue and it expects $8 billion of capacity in place by the second half of 2027.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02 Results of Operations and Financial Condition. On October 29, 2026, Monolithic Power Systems, Inc. (the “Company”) issued a press release regarding its financial results for the quarter ended September 30, 2026. The press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein. The information under Item 2.02 of this Current Report on Form 8-K and Exhibit 99.1 attached hereto are being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “1934 Act”), nor shall they be deemed incorporated by reference in any filing with the Securities and Exchange Commission under the 1934 Act or the…
An excerpt of the text as filed with the SEC, cut for length.
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