{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-029394","form_type":"8-K","ticker":"MPWR","cik":"0001280452","company_name":"MONOLITHIC POWER SYSTEMS INC","filed_at":"2023-10-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.515806+00:00","generated_at":"2026-06-09T05:39:21.248821+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"MPS Q3 GAAP EPS $2.48, non-GAAP $3.08; revenue $474.9M, down 4% YoY; new $640M buyback","bullets":["Revenue $474.9M, up 7.6% QoQ, down 4.1% YoY; GAAP net income $121.2M ($2.48 diluted EPS).","Non-GAAP net income $150.3M ($3.08 diluted EPS) vs $170.7M ($3.53) YoY; GAAP gross margin 55.5% down from 58.7%.","Q4 guidance: revenue $442M-$462M, GAAP gross margin 55.2%-55.8%, stock-based comp ~$33M.","Board authorized $640M stock repurchase program expiring Oct 29, 2026; shares retired.","Revenue by end market: Storage/Computing $129.5M, Auto $95.2M, Consumer $62.4M."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-029394","json":"https://secwatch.observer/filing/0001437749-23-029394.json","markdown":"https://secwatch.observer/filing/0001437749-23-029394.md","text":"https://secwatch.observer/filing/0001437749-23-029394.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1280452/000143774923029394/0001437749-23-029394-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1280452/000143774923029394/mpwr20231026_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T05:39:21.248821+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":"5cfb635b4ae696299da72d585de8eb4e0b570f6e","claim":"MONOLITHIC POWER SYSTEMS INC reported the nine months ended September 30, 2023 results: revenue $1,367.1 million.","evidence_excerpt":"deferred compensation plan expense and $3.2 million for related tax effects. The financial results for the nine months ended September 30, 2023 were as follows: ● Revenue was $1,367.1 million for the nine months ended September 30, 2023, a 2.5% increase from $1,334.1 million for the nine months ended September 30, 2022. ● GAAP gross margin was 56.3% for the nine","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1280452/000143774923029394/0001437749-23-029394-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine months ended September 30, 2023"},{"label":"Revenue","value":"$1,367.1 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b578cb044d9629a2d9e4eda13152c11cdc84efe0","claim":"MONOLITHIC POWER SYSTEMS INC reported the quarter ended September 30, 2023 results: revenue $474.9 million, net income $121.2 million and $2.48 per diluted share, EPS $2.48 per diluted share.","evidence_excerpt":"financial results for the quarter and nine months ended September 30, 2023. The financial results for the quarter ended September 30, 2023 were as follows: ● Revenue was $474.9 million for the quarter ended September 30, 2023, a 7.6% increase from $441.1 million for the quarter ended June 30, 2023 and a 4.1% decrease from $495.4 million for the quarter ended","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1280452/000143774923029394/0001437749-23-029394-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"label":"Revenue","value":"$474.9 million"},{"label":"Net income","value":"$121.2 million and $2.48 per diluted share"},{"label":"EPS","value":"$2.48 per diluted share"},{"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"}