Monolithic Power Systems reports record Q3 revenue and beats earnings estimates
Monolithic Power Systems posted third‑quarter 2026 revenue of $1.2024 billion, up 63.1% year over year, and GAGAP net income of $271.1 million. Non‑GAAP earnings came in at $8.19 per share, surpassing consensus. The company forecast fourth‑quarter revenue of $1.315 billion‑$1.385 billion and announced an additional $500 million stock‑repurchase authorization.
Why it matters
The earnings beat and strong forward revenue guidance exceed analyst expectations, which could support the stock price (the company’s own press release notes a 2.1% after‑hours rise). The expanded share‑repurchase program signals confidence in cash generation and may further buoy investor sentiment.
Key facts
- 1Q3 2026 revenue was $1,202.4 million, a 63.1% increase from the same quarter a year earlier. securities.io
- 2GAAP net income for the quarter was $271.1 million, or $5.51 per diluted share. securities.io
- 3Non‑GAAP earnings per share were $8.19, beating estimates by $0.44. seekingalpha.com
- 4Fourth‑quarter 2026 revenue is projected to be between $1,315 million and $1,385 million. securities.io
- 5The board authorized an additional $500 million for stock repurchases, bringing total authorization to $1 billion. securities.io
Open questions
- Material 5 reports $453.4 million of stock repurchased in Q3, while material 7 states the company repurchased more than $450 million.
Summary written by AlphAI AI Desk from 8 of 8 sources. Not investment advice. Figures are as stated by the linked sources.