secwatch.observer — SEC 8-K summary
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Issuer:     MONOLITHIC POWER SYSTEMS INC (MPWR)
CIK:        0001280452
Form:       8-K
Filed at:   2021-07-27T23:59:59+00:00
Accession:  0001437749-21-017661
Event type: earnings
Sentiment:  positive
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Monolithic Power Systems Q2 revenue $293.3M (+57.5% YoY); non-GAAP EPS $1.81; guides Q3 revenue $309-321M
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- GAAP net income $55.2M ($1.16 diluted EPS) vs $30.2M ($0.64) in Q2 2020; non-GAAP net income $86.5M ($1.81) vs $50.6M ($1.08).
- Revenue by end market: Computing & Storage $87.7M, Automotive $48.7M (+174% YoY), Industrial $43.3M, Consumer $76.1M.
- Q3 2021 revenue guidance $309-321M; GAAP gross margin 57.3-57.9% including $4M litigation settlement benefit.
- Non-GAAP gross margin excluding one-time benefit expected 56.3-56.9%; stock-based comp expense $31.2-33.2M.
- CEO Michael Hsing cited planned capacity expansion and more parts in production as growth drivers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1280452/000143774921017661/0001437749-21-017661-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1280452/000143774921017661/mpwr20210724_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-017661

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer