MPS reports record Q1 revenue $804.2M, up 26.1% YoY; EPS $3.92 GAAP, $5.10 non-GAAP

MONOLITHIC POWER SYSTEMS INC

2026-Q1 EPS reported $3.92 revenue$804,185,000

Revenue of $804.2M (record), up 7.1% QoQ and 26.1% YoY; GAAP EPS $3.92, non-GAAP EPS $5.10.
Enterprise Data segment revenue $262.8M (+97.7% YoY), driven by AI and server power solutions.
Communications revenue $111.5M (+33.1% QoQ, +55.5% YoY), driven by optical modules and switches.
Q2 2026 revenue guidance $890M-$910M; GAAP gross margin 55.1%-55.7%.
Operating cash flow $250.3M in Q1 2026, up from $104.9M in Q4 2025.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MONOLITHIC POWER SYSTEMS INC reported the quarter ended March 31, 2026 results: revenue $804.2 million, net income $193.2 million, EPS $3.92.

Period: the quarter ended March 31, 2026
Revenue: $804.2 million
Net income: $193.2 million
EPS: $3.92
Result: reported results

Exact text from the filing

(11.2 %) 14.2 % 6.0 7.3 Total $804.2 $751.2 $637.6 7.1 % 26.1 % 100 % 100 % 2 Ongoing Business Conditions In the first quarter of 2026 , MPS achieved record quarterly revenue of $804.2 million, 7.1% higher than the fourth quarter of 2025 and 26.1% higher than revenue in the first quarter of 2025 . Our quarterly performance was the result of our continued innovation,

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Source: SEC EDGAR

accession 0001437749-26-014182

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