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Monolithic Power Systems posts Q1 revenue of $804M, up 26% YoY, driven by growth in Communications and Enterprise Data sectors.

Company Fundamentals
30 Apr 2026
GlobeNewsWire
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Bullish
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Monolithic Power Systems reported a strong first quarter in 2026 with revenue reaching $804.2 million, a 26.1% increase year-over-year and 7.1% sequential growth. Key growth drivers included a 33% rise in Communications revenue and nearly doubling Enterprise Data revenue, reflecting robust demand for power solutions in optical modules, servers, and AI applications. The company also raised its capacity growth target from $4 billion to $6 billion, signaling confidence in future expansion. For Q2 2026, MPS forecasts revenue between $890 million and $910 million, maintaining a gross margin around 55.5%.

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