Monolithic Power reports record Q2 revenue and raises buyback authorization
Filed with the SEC on · Summarized by InvestorsBot
Monolithic Power Systems reported record second-quarter 2026 revenue of $980.6 million, up 21.9% sequentially and 47.6% year over year, with GAAP diluted EPS of $5.22 and non-GAAP diluted EPS of $6.50. Enterprise Data revenue rose 164.3% year over year to $380.6 million, while the company forecast third-quarter revenue of $1.14 billion to $1.16 billion and authorized an additional $500 million in stock repurchases, bringing total authorization to $1 billion.