MPWR · 10-Q · 2026Q2 · Full report

Distribution Channels

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

Monolithic 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 represented 94% of total revenue in the second quarter of 2026, compared with 93% in the second quarter of 2025. Asia direct-customer revenue represented 93% of total revenue for both six-month periods. The concentration makes distributor execution and Asian end-market demand central to the company’s growth profile.

Key facts

• The company states typical sales cycle: after introduction of a product, sales cycle generally takes a number of quarters after initial customer order to ramp up. source