Monolithic Power

Q2 FY2026 EarningsQ2 FY2026 delivered a substantial revenue beat of $980.6M vs. $903.3M consensus (+8.56%), driven primarily by explosive growth in Enterprise Data (+164.3% YoY) and Communications (+78.3% YoY) segments. While GAAP Gross Margin of 55.2% was slightly below the 55.6% consensus (-0.36pct), GAAP Diluted EPS of $5.22 comfortably exceeded the $4.69 expectation (+11.30%). The results highlight accelerating AI-driven demand, further supported by a $500M expansion of the share repurchase program, despite a noted material weakness in internal controls regarding tax accounting.