MPS Q2 FY26 net income rises 90.6% to $257.3 million; revenue increases 47.6% to $980.6 million

Reuters2026/07/30 20:29

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MPS posted Q2 2026 revenue of $980.6 million, up 21.9% quarter-over-quarter and 47.6% year-over-year.
GAAP net income climbed to $257.3 million, rising 33.2% from Q1 2026; diluted EPS rose 33.2% to $5.22.
GAAP gross margin was 55.2%, down 0.1 percentage points from Q1 2026; operating margin widened 1 percentage point to 31.0%.
Enterprise Data revenue rose to $380.6 million, up 44.8% sequentially and more than doubled year-over-year on higher AI and server power sales.
For Q3 2026, revenue is forecast at $1.14 billion-$1.16 billion; the board added $500 million to buyback authorization, taking total authorization to $1 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MPS - Monolithic Power Systems Inc. published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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MPS Q2 FY26 net income rises 90.6% to $257.3 million; revenue increases 47.6% to $980.6 million

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