MPWR · 8-K · 20261029PR068202

Guidance / Outlook

MONOLITHIC POWER SYSTEMS, INC. · 2026-10-29 · Importance 70 · Surprise 40 · In source text

For the fourth quarter ending December 31, 2026, MPS forecasts revenue of $1,315 million to $1,385 million. It expects GAAP gross margin of 55.2% to 55.8% and non-GAAP gross margin of 55.5% to 56.1%; forecast GAAP operating expenses are $334.0 million to $342.0 million, while non-GAAP operating expenses are $216.8 million to $220.8 million. Management expects a 15% non-GAAP tax rate for 2026 and fully diluted shares outstanding of 48.9 million to 49.3 million for Q4.

Key facts

• MPS forecasts Q4 2026 revenue of $1,315 million to $1,385 million. source
• MPS forecasts Q4 2026 stock-based compensation and related expenses of $121.0 million to $125.0 million, including approximately $3.8 million charged to cost of goods sold. source
• MPS forecasts Q4 2026 GAAP operating expenses of $334.0 million to $342.0 million. source
• MPS forecasts Q4 2026 non-GAAP operating expenses of $216.8 million to $220.8 million, excluding stock-based compensation and related expenses of $117.2 million to $121.2 million. source
• MPS forecasts Q4 2026 interest and other income of $7.8 million to $8.2 million before foreign exchange gains or losses. source
• MPS forecasts Q4 2026 GAAP gross margin of 55.2% to 55.8%. source
• MPS forecasts Q4 2026 non-GAAP gross margin of 55.5% to 56.1%. source
• MPS forecasts Q4 2026 fully diluted shares outstanding of 48.9 million to 49.3 million. source

Impact estimates