Quarterly ResultApr 30, 2026, 04:03 PM
MPWR Q1 Revenue $804.2M, +26.1% YoY; EPS $3.92; Guides Q2 Revenue $890-910M
AI Summary
Monolithic Power Systems (MPWR) reported strong Q1 2026 results with revenue of $804.2 million, up 26.1% year-over-year, and GAAP diluted EPS of $3.92, a 39.5% increase. The company saw significant growth in its Enterprise Data and Communications end markets, with Communications revenue up 33.1% sequentially. MPWR also provided Q2 2026 revenue guidance of $890 million to $910 million and increased its capacity goal to $6 billion.
Key Highlights
- MPWR Q1 2026 Revenue was $804.2M, up 26.1% YoY and 7.1% QoQ.
- GAAP Diluted EPS reached $3.92, increasing 39.5% YoY and 12.3% QoQ.
- Non-GAAP Diluted EPS was $5.10, up 26.2% YoY and 6.5% QoQ.
- Enterprise Data revenue grew 97.7% YoY to $262.8M; Communications revenue rose 55.5% YoY to $111.5M.
- Q2 2026 revenue guidance is set at $890M to $910M.
- Operating cash flow for Q1 2026 was $250.3M, significantly up from $104.9M QoQ.
- Company increased its capacity goal to $6B from the original $4B plan.