{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-014156","form_type":"8-K","ticker":"MPWR","cik":"0001280452","company_name":"MONOLITHIC POWER SYSTEMS INC","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.696900+00:00","generated_at":"2026-06-03T02:15:00.331086+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":"MPS Q1 revenue $457.9M, GAAP EPS $1.89, non-GAAP $2.81; Q2 guidance $480-500M","bullets":["Revenue $457.9M, up 0.9% QoQ and 1.5% YoY; GAAP net income $92.5M vs $109.8M YoY.","Enterprise Data revenue $149.7M (+217% YoY); storage & computing $106.1M (-11.4%).","GAAP gross margin 55.1% vs 57.4% YoY; non-GAAP 55.7% vs 57.7%.","Q2 2024 guidance: revenue $480-500M, non-GAAP gross margin 55.4-56.0%.","Management cautious on H2 2024; stock-based comp $51.8M in Q1, up from $37.0M YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-014156","json":"https://secwatch.observer/filing/0001437749-24-014156.json","markdown":"https://secwatch.observer/filing/0001437749-24-014156.md","text":"https://secwatch.observer/filing/0001437749-24-014156.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1280452/000143774924014156/0001437749-24-014156-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1280452/000143774924014156/mpwr20240311_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T02:15:00.331086+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":"e81fb40766a439595461bdd69f9c76f2d803a9e9","claim":"MONOLITHIC POWER SYSTEMS INC reported the quarter ended March 31, 2024 results: revenue $457.9 million, net income GAAP net income was $92.5 million and $1.89 per diluted share, EPS $1.89 per diluted share.","evidence_excerpt":"Monolithic Power Systems, Inc. (“MPS”) (Nasdaq: MPWR), a fabless global company that provides high-performance, semiconductor-based power electronics solutions, today announced financial results for the quarter ended March 31, 2024 . ● Revenue was $457.9 million for the quarter ended March 31, 2024 , a 0.9% increase from $454.0 million for the quarter ended December 31, 2023 and a 1.5% increase from $451.1 million for the quarter ended March 31, 2023 .","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1280452/000143774924014156/0001437749-24-014156-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$457.9 million"},{"label":"Net income","value":"GAAP net income was $92.5 million and $1.89 per diluted share"},{"label":"EPS","value":"$1.89 per diluted share"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}