MPWR · Technology
MONOLITHIC POWER SYSTEMS, INC.
Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window
News · 2026-08-08
- Capital Return ProgramImportance 58 · Surprise 42Monolithic Power Systems authorized an additional $500 million for common-stock repurchases in connection with its second-quarter 2026 results. The authorization was disclosed in the company’s Form 10-Q for the quarter…
News · 2026-08-07
- Securities Fraud InvestigationImportance 40 · Surprise 42Schubert Jonckheer & Kolbe reported that a U.S. District Judge allowed key claims to proceed in a securities-fraud lawsuit against Monolithic Power Systems. The allegations concern allegedly false statements about the…
News · 2026-08-06
- Revenue Performance and MixImportance 64 · Surprise 56Monolithic Power Systems reported record second-quarter 2026 revenue of $981 million, up 48% year over year and approximately 45% sequentially in Enterprise Data. Enterprise data and communications demand was the…
- Capital Return ProgramImportance 58 · Surprise 42Monolithic Power Systems authorized an additional $500 million for common-stock repurchases in connection with its second-quarter 2026 results. The authorization was disclosed in the company’s Form 10-Q for the quarter…
10-Q · 2026-08-05
- AI Infrastructure DemandImportance 81 · Surprise 64Enterprise data revenue for the six months ended June 30, 2026 increased 132.4% year over year to $643.4 million. The growth was primarily attributable to higher sales of power-management solutions used in artificial…
- End-Market Demand TrendsImportance 75 · Surprise 64Second-quarter 2026 revenue increased 47.6% year over year to $980.6 million, primarily reflecting higher demand for enterprise data and communications products and a greater mix of higher-ASP power solutions.…
- Income Tax Rate ChangesImportance 69 · Surprise 64Second-quarter income tax expense increased to $64.4 million from $42.0 million, while the effective tax rate decreased to 20.0% from 23.7%. Six-month tax expense increased to $118.4 million from $80.8 million, while…
- Research and Development ExpenseImportance 65 · Surprise 48Second-quarter R&D expense increased $22.3 million year over year to $118.6 million, with cash compensation and benefits contributing $11.2 million and new product development contributing $6.6 million. Six-month R&D…
- Revenue Performance and MixImportance 64 · Surprise 56Second-quarter 2026 revenue increased 47.6% year over year to $980.6 million from $664.6 million, while six-month revenue increased 37.1% to $1.785 billion from $1.302 billion. Enterprise Data revenue rose 164.3% year…
- Capital Return ProgramImportance 64 · Surprise 82MPS repurchased 3,000 common shares for $4.0 million during the three and six months ended June 30, 2026. The February 2025 authorization permitted up to $500.0 million of repurchases through February 2028, with $489.3…
- Purchase Commitments and ObligationsImportance 64 · Surprise 42MPS had $571.0 million of estimated future unconditional purchase commitments as of June 30, 2026. Of that amount, $542.1 million was due within one year, creating a substantial near-term cash requirement. Commitments…
- Gross Margin DriversImportance 56 · Surprise 38Second-quarter 2026 cost of revenue increased $141.0 million year over year to $439.6 million, primarily because of higher shipment volume and product mix. Six-month cost of revenue increased $215.8 million to $798.7…
- Geographic Revenue ConcentrationImportance 54 · Surprise 14Revenue from direct customers in Asia represented 94% of total revenue in the three months ended June 30, 2026, compared with 93% in the comparable 2025 quarter. Asia direct-customer revenue represented 93% of total…
- Distribution ChannelsImportance 54 · Surprise 14Monolithic Power Systems derives most revenue from distribution arrangements and direct customer sales in Asia, where its products are incorporated into end-user products. Revenue from direct customers in Asia…
- Operating Cash Flow TrendsImportance 49 · Surprise 32Net cash provided by operating activities decreased $15.9 million year over year to $478.2 million for the six months ended June 30, 2026. MPS attributed the decline to an overall increase in working-capital needs. Net…
- Liquidity and Cash PositionImportance 47 · Surprise 22Cash, cash equivalents, and short-term investments totaled $1.414 billion at June 30, 2026, up from $1.257 billion at December 31, 2025 and equal to 30.2% of total assets. Cash and cash equivalents decreased to $1.006…
- Operating Expense TrendsImportance 46 · Surprise 22Second-quarter SG&A expense increased $13.6 million year over year to $118.6 million, driven by $11.5 million of higher cash compensation and benefits and $5.7 million of higher legal expenses, partly offset by a $6.8…
- Supply Chain ConstraintsImportance 29 · Surprise 24MPS operates as a fabless semiconductor company and relies on third parties to manufacture, assemble, and test its integrated circuits. Typical supply-chain lead times for orders are 16 to 26 weeks, while customers can…
- Products and TechnologyImportance 15 · Surprise 6MPS positions its power-electronics portfolio around system-level knowledge, semiconductor design, proprietary processes, system integration, and packaging technologies. These capabilities support reliable, compact,…
- Macroeconomic Factors ImpactImportance 10 · Surprise 6MPS identified fluctuations in consumer spending and semiconductor demand, rising inflation, global tariffs and retaliatory measures, increased interest rates, and currency-rate fluctuations as macroeconomic challenges…
- Export Controls / Regulatory RiskImportance 10 · Surprise 6MPS is monitoring export control laws, tariffs, trade regulations, and other trade requirements affecting its global semiconductor business. Through the filing date, no such restrictions or requirements had a material…
News · 2026-08-05
- Revenue Performance and MixImportance 64 · Surprise 56Monolithic Power Systems reported record second-quarter 2026 revenue of $981 million, up 48% year over year and approximately 45% sequentially in Enterprise Data. Enterprise data and communications demand was the…
- Capital Return ProgramImportance 58 · Surprise 42Monolithic Power Systems authorized an additional $500 million for common-stock repurchases in connection with its second-quarter 2026 results. The authorization was disclosed in the company’s Form 10-Q for the quarter…
News · 2026-08-04
- Guidance / OutlookImportance 85 · Surprise 76Management forecast third-quarter 2026 revenue of $1.14 billion to $1.16 billion. The range is materially above the reported second-quarter revenue of $980.6 million, implying sequential growth of approximately 16% to…
- Revenue Performance and MixImportance 64 · Surprise 56Monolithic Power Systems reported record second-quarter 2026 revenue of $981 million, up 48% year over year and approximately 45% sequentially in Enterprise Data. Enterprise data and communications demand was the…
- Capital Return ProgramImportance 58 · Surprise 42Monolithic Power Systems authorized an additional $500 million for common-stock repurchases in connection with its second-quarter 2026 results. The authorization was disclosed in the company’s Form 10-Q for the quarter…
- Full-Solution Product ExpansionImportance 29 · Surprise 30MPWR is transitioning from a component supplier toward a full-solution provider across power-management applications. The company is seeing initial orders for high-speed DDR5 memory, expanding its position in…
- Manufacturing Capacity DiversificationImportance 26 · Surprise 30MPWR is expanding manufacturing capacity to support rising enterprise-data and communications demand. The company is also diversifying its supply chain, reducing reliance on a narrower manufacturing base as it scales.…