EarningsQ2 2026 Earnings Report
MX:MPWR Q2 2026 EPS Results
Actual EPS$117.48
Consensus EPS$106.11
Beat/MissBeat by +$11.37
One Year Ago EPS$76.09
MX:MPWR Q2 2026 Revenue Results
Actual Revenue$17.72B
Expected Revenue$16.33B
Beat/MissBeat by +$1.40B
YoY Revenue Growth+47.56%
Earnings Announcement Details
QuarterQ2 2026
Date07/30/2026
TimeAfter Close
Conference CallThursday, July 30, 2026
MX:MPWR Upcoming Earnings
Monolithic Power's next earnings date is estimated for November 4, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:MPWR Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call was predominantly positive: management reported a record quarter with strong sequential and year-over-year revenue growth (notably a 45% sequential surge in enterprise data), broad-based demand across end markets, substantial capacity expansion plans beyond $6B, multiple product samplings and wins (DDR5, 800V, 48V modules, 1,500+ automotive sockets), and an additional $500M share repurchase authorization. Lowlights were mostly cautionary and execution/timing-related — consumer and some storage/notebook segments are soft, certain strategic programs remain early with uncertain near-term revenue, and capacity ramping/back-end module assembly present operational complexity. Given the magnitude and immediacy of the reported revenue growth and strategic traction versus the more moderate/expected risks and early-stage initiatives, the positive items outweigh the negative.Company Guidance
Record Quarterly Revenue
GAAP revenue of $981 million in Q2 2026, a record quarter — up 22% sequentially versus Q1 2026 and up 48% year-over-year versus Q2 2025.
Enterprise Data Momentum
Enterprise data end market grew 45% sequentially in Q2; management cited ~+$120 million quarter-over-quarter upside in the data segment and raised their internal floor for the end market from 85% to 130% for the year (indicative of materially stronger demand/visibility).
Broad-Based Sequential Growth and Strong Demand Indicators
All end markets grew sequentially in Q2; outside of enterprise data the rest of the business reported double-digit growth. Book-to-bill remained above 1 and channel inventory was characterized as low, supporting sell-through and near-term demand visibility.
Capacity Expansion and Strategic Transition
Company extended capacity targets significantly beyond $6 billion to support future revenue growth and its transition from a chip-only model to a full silicon-solution provider (increased focus on both front-end and back-end/module partners).
New Product Wins and Technology Sampling
Initial orders/sampling highlights include high-speed DDR5 memory interface controllers (new SAM expansion opportunity), sampling of high-voltage AC-to-DC products for 800V data center architectures, shipping of 48V vertical power modules to multiple customers, and over 1,500 new automotive sockets shipped year-to-date across ADAS and other vehicle applications.
Capital Return and Financial Discipline
Board authorized an additional $500 million for share repurchases (bringing total authorization to $1.0 billion). Management emphasized consistent pricing discipline (not using short-term price gouging) and reported modest upward adjustment/comfort in gross margin guidance and improving operating leverage as revenue scales.
MX:MPWR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed