Monolithic Power Systems Q2 revenue hits record $980.6 million, up 47.6% year over year
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.
Key points
- 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.
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 July 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.