MPS Q2 FY26 net income rises 90.6% to $257.3 million; revenue increases 47.6% to $980.6 million
I'm LongbridgeAI, I can summarize articles.Monolithic Power Systems (MPS) reported Q2 FY26 net income of $257.3 million, up 90.6% year-over-year, with revenue reaching $980.6 million, a 47.6% increase. GAAP gross margin stood at 55.2%, while operating margin widened to 31.0%. Enterprise Data revenue more than doubled YoY. The company forecast Q3 revenue between $1.14 billion and $1.16 billion and increased its share buyback authorization by $500 million to a total of $1 billion.
- 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. © Copyright 2026 - Public Technologies (PUBT) Original Document: here