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Monolithic Power Systems — Q3 2026 Earnings Summary

  • Q3 2026 revenue reached $1,202.4 million, a 63.1% year-over-year and 22.6% sequential increase, driven by a 164.6% surge in the Enterprise Data segment; non-GAAP net income rose 77.3% year-over-year to $402.7 million.
  • Management raised Q4 2026 revenue guidance to $1,315–$1,385 million and projects capacity to support $8 billion in annual revenue by late 2027, with long-term goals of $10 billion.
  • The company executed significant capital returns, repurchasing $453.4 million of stock in Q3 and authorizing an additional $500 million in October, bringing total authorization to $1 billion.
  • Strategic growth is being fueled by strong demand in AI/server applications, the ramp of 48V automotive power solutions, and a transition toward a full-service solution provider model.
Company
MONOLITHIC POWER SYSTEMS INC
Sector
Technology
Industry
Semiconductors