Monolithic Power stock hits record revenue above USD 1 billion
Published on 11/05/2026 at 03:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRecord growth and stronger outlook
- Third-quarter revenue rose across most end markets, led by Enterprise Data and Communications.
- Management forecast further sequential revenue growth for the fourth quarter and authorized an additional USD 500 million for share repurchases.
- Capacity exceeded USD 6 billion in annual revenue support, with USD 8 billion targeted by the second half of 2027.
Monolithic Power Systems reported record third-quarter revenue and issued a higher fourth-quarter sales outlook after the market close on Thursday, October 29, 2026. According to GlobeNewswire via Morningstar, the chipmaker's revenue reached USD 1,202.4 million in the quarter ended September 30.
Enterprise Data leads expansion
Revenue increased 22.6 percent from the second quarter and 63.1 percent from the year-earlier quarter. Enterprise Data revenue rose 164.6 percent year over year to USD 506.7 million, while Communications revenue increased 134.7 percent to USD 187.4 million.
GAAP net income rose 50.8 percent year over year to USD 271.1 million, or USD 5.51 per diluted share. Non-GAAP net income reached USD 402.7 million, or USD 8.19 per diluted share; the adjusted figure excludes stock-based compensation, acquisition-related amortization and other specified items.
Fourth-quarter outlook points higher
For the quarter ending December 31, management forecast revenue of USD 1,315 million to USD 1,385 million. The outlook includes GAAP gross margin of 55.2 percent to 55.8 percent and non-GAAP gross margin of 55.5 percent to 56.1 percent.
The board authorized an additional USD 500 million for share repurchases in October, bringing the current authorization to USD 1 billion after third-quarter buybacks. Management also said annual revenue-supporting capacity had exceeded USD 6 billion and is expected to reach USD 8 billion by the second half of 2027.
Monolithic Power stock at Lang & Schwarz
Monolithic Power stock traded at EUR 1,124.75 on Lang & Schwarz at 11:00 p.m. CET on Wednesday, November 4, 2026. Investors can follow the real-time quote of Monolithic Power stock.
Monolithic Power Systems is a fabless global company that provides semiconductor-based power electronics solutions for electronic systems. Its end markets include enterprise data, communications, automotive, industrial, storage and computing, and consumer applications.
Broader market context is available in the current S&P 500 market reports.
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Monolithic Power Systems at a glance
- Company: Monolithic Power Systems, Inc.
- ISIN: US6098391054
- Exchange: Lang & Schwarz
- Quote: EUR 1,124.75 on November 4, 2026, at 11:00 p.m. CET
- Third-quarter revenue: USD 1,202.4 million for the period ended September 30, 2026
- Fourth-quarter revenue outlook: USD 1,315 million to USD 1,385 million
