Oct 29, 4:01 PM ET
Monolithic Power Systems reported third-quarter 2026 revenue of $1.2 billion, up 63.1% year-over-year, and GAAP net income of $271.1 million. The company appointed Tony Balow as Chief Financial Officer and Robert Dean as Chief Accounting Officer, effective October 27, 2026. Additionally, the board authorized an additional $500 million for stock repurchases in October 2026.
- Q3 2026 revenue reached $1.2 billion, an increase of 63.1% compared with $737.2 million in Q3 2025.
- GAAP net income for the third quarter of 2026 was $271.1 million, or $5.51 per diluted share.
- Tony Balow was appointed Vice President and Chief Financial Officer, and Robert Dean was appointed Vice President and Chief Accounting Officer on October 27, 2026.
- For the fourth quarter of 2026, the company expects revenue in the range of $1,315 million to $1,385 million.
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Jul 30, 4:01 PM ET
Monolithic Power Systems reported record second-quarter 2026 revenue of $980.6 million, up 21.9% from the first quarter and 47.6% from a year earlier, with GAAP net income of $257.3 million, or $5.22 per diluted share, compared with $2.81 a year earlier. The company forecast third-quarter 2026 revenue of $1,140 million to $1,160 million and said its Board authorized an additional $500 million for stock repurchases, bringing the total authorization to $1 billion.
- Q2 2026 revenue of $980.6 million compared with $804.2 million in Q1 2026 and $664.6 million in Q2 2025; Enterprise Data revenue rose 44.8% from Q1 to $380.6 million.
- GAAP diluted EPS of $5.22 for Q2 2026 vs. $3.92 in Q1 2026 and $2.81 in Q2 2025; non-GAAP diluted EPS was $6.50.
- Q3 2026 outlook: revenue of $1,140 million to $1,160 million and GAAP gross margin of 55.2% to 55.8%.
- Board authorized an additional $500 million for stock repurchases, bringing total current authorization to $1 billion.
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Apr 30, 4:01 PM ET
Monolithic Power Systems reported record first-quarter 2026 revenue of $804.2 million and GAAP net income of $193.2 million, or $3.92 per diluted share, both higher than a year earlier. The company forecast second-quarter 2026 revenue of $890 million to $910 million, which would be above the first-quarter result. Inventory and receivables both rose, with days of inventory at 157 days.
- Q1 2026 revenue of $804.2 million rose 7.1% from Q4 2025 and 26.1% from Q1 2025.
- GAAP net income was $193.2 million, or $3.92 per diluted share, compared with $135.1 million, or $2.81 per diluted share, in Q1 2025.
- Q2 2026 outlook calls for revenue of $890 million to $910 million and GAAP gross margin of 55.1% to 55.7%.
- Internal inventories rose to $619.2 million from $564.6 million at year-end 2025, and days of inventory rose to 157 days from 153 days.
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Feb 27, 4:31 PM ET
Monolithic Power Systems said its audit committee concluded that its 2024 annual financial statements and its 2025 quarterly statements should no longer be relied upon because of an unintentional error in accounting for deferred income taxes tied to a one-time foreign tax incentive. The restatement cuts 2024 net income by $194.6 million to $1.592 billion, while 2025 net income rises $5.6 million, and the company says revenue, its non-GAAP measures and its Q1 2026 outlook are unchanged.
- 2024 net income restated to $1.592 billion from $1.787 billion; diluted EPS restated to $32.60 from $36.59.
- The error relates to deferred income taxes on a one-time tax incentive granted by a foreign jurisdiction; the company says it is non-cash and involved no misconduct.
- 2025 net income increases $5.6 million to $621.5 million; diluted EPS rises to $12.86 from $12.75.
- Revenue and non-GAAP measures are unaffected, and the Q1 2026 business outlook from February 5, 2026 is unchanged; the 2025 Form 10-K will be filed immediately after this 8-K.
Read the filing on SEC.gov ↗
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