Form 10-Q · Quarterly report
Monolithic Power Systems 10-Q, filed Nov 3, 2026
- Filed
- CIK
- 0001280452
- Accession no.
- 0001628280-26-069440
Summary
Monolithic Power Systems reported third-quarter 2026 revenue of $1.20 billion, up 63.1% from a year earlier, and net income of $271.1 million, driven by a 164.6% increase in enterprise-data revenue from AI and server power-management sales. The fabless chipmaker said nine-month revenue rose 46.5% to $2.99 billion and that export controls and tariffs had not materially affected revenue or operations.
Key points
- Third-quarter revenue was $1,202.4 million versus $737.2 million a year earlier; net income was $271.1 million versus $179.8 million.
- Enterprise-data revenue rose 164.6% to $506.7 million, or 42.1% of total revenue, on higher AI and server power-management sales.
- Communications revenue rose 134.7% to $187.4 million on optical-module and switch power solutions; automotive revenue rose 19.2% to $180.7 million on ADAS demand.
- Nine-month revenue was $2,987.2 million, up 46.5%, with gross margin of 55.3%; direct sales in Asia were 93% of 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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