Monolithic Power Q2 revenue jumps 48%, beating estimates on strong enterprise data demand
MPWR•Revenue drivers
- Enterprise data demand - Strong sequential and year-over-year revenue growth in Enterprise Data driven by higher sales of power management solutions for AI and server applications
- Communications sales - Higher sales of power solutions for optical modules and switches boosted Communications revenue
- New product orders - Initial orders for high-speed DDR5 memory components and sampling of new high voltage AC to DC products supported growth and expanded addressable market
Outlook for Q3 2026
- Company forecasts Q3 2026 revenue between $1.14 bln and $1.16 bln
- Monolithic Power Systems expects Q3 non-GAAP gross margin of 55.4% to 56.0%
- Company says diversified market strategy unchanged despite fluid geopolitical, macro-economic environment
Q2 results beat expectations
- US semiconductor power solutions firm's Q2 revenue grew 48% yr/yr, beating analyst expectations
- Adjusted EPS for Q2 rose 54% yr/yr
- Company authorized additional $500 mln for stock repurchases, total now $1 bln
| Metric | Beat/Miss | Actual | Consensus Estimate |
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