MPWR · 10-Q · 2026Q2 · Full report

Geographic Revenue Concentration

MONOLITHIC POWER SYSTEMS, INC. · 2026-08-05 · Importance 54 · Surprise 14

Revenue 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 revenue in both six-month periods ended June 30, 2026 and 2025. The concentration exposes MPS revenue primarily to customer and operating activity in Asia, where products are incorporated into end-user products. MPS stated that future growth depends partly on diversifying its customer base while continuing to secure manufacturing capacity.

Key facts

• Revenue from direct customers in Asia was 94% of total revenue for the three months ended June 30, 2026. source
• Revenue from direct customers in Asia was 93% of total revenue for the three months ended June 30, 2025. source
• Revenue from direct customers in Asia was 93% of total revenue for each of the six months ended June 30, 2026 and 2025. source