{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-021166","form_type":"8-K","ticker":"MPWR","cik":"0001280452","company_name":"MONOLITHIC POWER SYSTEMS INC","filed_at":"2023-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.420051+00:00","generated_at":"2026-06-12T21:47:30.050126+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Monolithic Power Systems Q2 revenue falls 4.3% YoY to $441M; Non-GAAP EPS $2.82 vs $3.25","bullets":["Revenue $441.1M, down 4.3% YoY and 2.2% sequentially; GAAP gross margin 56.1% vs 58.8% last year.","GAAP EPS $2.04, down from $2.37; Non-GAAP EPS $2.82, down from $3.25.","Automotive revenue surged 71% YoY to $104.4M, partially offsetting declines in Enterprise Data and Consumer.","Q3 revenue guidance $464M-$484M midpoint $474M, implying sequential growth of ~7.5%.","GAAP operating income $112.3M vs $141.9M; non-GAAP operating income $153.1M vs $179.4M."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-021166","json":"https://secwatch.observer/filing/0001437749-23-021166.json","markdown":"https://secwatch.observer/filing/0001437749-23-021166.md","text":"https://secwatch.observer/filing/0001437749-23-021166.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1280452/000143774923021166/0001437749-23-021166-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1280452/000143774923021166/mpwr20230720_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T21:47:30.050126+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"03d1fc76961830661f2cbbce9b4ed7bda61f52e3","claim":"MONOLITHIC POWER SYSTEMS INC reported financial results for Q2 2023.","evidence_excerpt":"Revenue was $441.1 million for the quarter ended June 30, 2023, a 2.2% decrease from $451.1 million for the quarter ended March 31, 2023 and a 4.3% decrease from $461.0 million for the quarter ended June 30, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1280452/000143774923021166/0001437749-23-021166-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q2 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"03d1fc76961830661f2cbbce9b4ed7bda61f52e3","claim":"MONOLITHIC POWER SYSTEMS INC reported financial results for Q2 2023.","evidence_excerpt":"GAAP net income was $99.5 million and $2.04 per diluted share for the quarter ended June 30, 2023. Comparatively, GAAP net income was $114.7 million and $2.37 per diluted share for the quarter ended June 30, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1280452/000143774923021166/0001437749-23-021166-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Q2 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}