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AI brief of an SEC Form 8-K · Monolithic Power Systems (MPWR)

Monolithic Power Systems Q3 revenue rises 30.6% to $620.1 million; GAAP EPS $2.95

Positive Impact 3 of 5 earnings Written later

Monolithic Power Systems reported third-quarter 2024 revenue of $620.1 million, up 30.6% from $474.9 million a year earlier, and GAAP net income of $144.4 million, or $2.95 per diluted share, compared with $2.48 a year earlier. The company set fourth-quarter 2024 revenue guidance of $600.0 million to $620.0 million, and GAAP operating expenses rose to $179.4 million from $128.0 million.

Key points

  • Revenue was $620.1 million, up 22.2% from $507.4 million in the second quarter of 2024 and up 30.6% from $474.9 million a year earlier.
  • GAAP net income was $144.4 million, or $2.95 per diluted share, versus $121.2 million, or $2.48 per diluted share, a year earlier.
  • GAAP operating expenses were $179.4 million, compared with $128.0 million a year earlier.
  • Fourth-quarter 2024 revenue is projected to be in the range of $600.0 million to $620.0 million.

The filing

CompanyMonolithic Power Systems (MPWR)
Form8-K, current report
Filed with the SECOct 30, 2024, 4:01 PM ET
Accession number0001437749-24-032609

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.