Monolithic Power Systems Q1 revenue hits record $804.2 million, up 26.1% year over year
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.
Key points
- 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.
The filing
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 April 30, 2026.
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.