earnings
confidence high
sentiment positive
materiality 0.85
Monolithic Power Systems Q2 revenue $980.6M, up 47.6% YoY; EPS $5.22 GAAP, $6.50 non-GAAP
MONOLITHIC POWER SYSTEMS INC
- Record quarterly revenue of $980.6M, up 21.9% QoQ and 47.6% YoY; Enterprise Data revenue surged 164.3% YoY to $380.6M.
- GAAP diluted EPS $5.22 vs $2.81 YoY; non-GAAP diluted EPS $6.50 vs $4.21 YoY; non-GAAP tax rate flat at 15%.
- Q3 2026 guidance: revenue $1,140M-$1,160M, GAAP gross margin 55.2%-55.8%, non-GAAP gross margin 55.4%-56.0%.
- Board authorized additional $500M stock repurchase, bringing total authorization to $1B.
- All end markets grew sequentially; initial orders for DDR5 memory components and sampling of 800V AC/DC products.