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Monolithic Power Systems posts Q3 revenue of $1.2B, up 63% YoY, driven by strong demand in enterprise data and communications.

Company Fundamentals
29 Oct 2026, 23:01 WIB
GlobeNewsWire
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Bullish
Monolithic Power Systems posts Q3 revenue of $1.2B, up 63% YoY, driven by strong demand in enterprise data and communications.

Monolithic Power Systems reported record Q3 2026 revenue of $1.2 billion, a 63.1% increase year-over-year and 22.6% sequential growth, fueled by strong demand in enterprise data, communications, automotive, and industrial markets. The company achieved a GAAP net income of $271.1 million and non-GAAP net income of $402.7 million, with gross margins stable around 55.4%. MPS is expanding capacity to support up to $10 billion in annual revenue by 2027 and expects continued growth driven by AI, automotive power solutions, and new product ramps. The company also announced an additional $500 million stock repurchase authorization, signaling confidence in its growth outlook.

Monolithic Power Systems (MPWR) trades at USD 1,194.00 on Pluang as of Oct 30, 2026 03:11 WIB, down 1.42% in the last day. The stock holds a market cap of $59.52 billion and a dividend yield of 0.66%. Despite the recent slight dip, all Pluang order activity is currently on the buy side, reflecting investor interest following the company’s strong Q3 revenue report and growth outlook.

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