Monolithic Power Systems, Inc. (MPWR) Earnings Call Transcripts

Monolithic Power Systems, Inc.'s Latest Earnings Call - Q2 FY2026

In the second quarter of fiscal year 2026, Monolithic Power Systems, Inc. (MPWR) reported record revenue of $981 million, representing a 22% sequential increase and a 48% year-over-year growth. The company's strong performance was driven by broad-based growth across all end markets, particularly a 45% increase in enterprise data. Management raised guidance for the enterprise data segment from 85% to 130% for the year, signaling robust demand and a positive outlook for the remainder of the fiscal year.

Reported metrics

Guidance from management

Management raised the enterprise data segment growth guidance from 85% to 130% for the fiscal year, indicating strong demand and confidence in future performance.

What management said

Yes, I'll just add a little more color. Rick, you do see contribution from both optical module solutions as well as from what we generally bucketed as switches. And as I think as I've mentioned previously, that's kind of a big bucket that would include power solutions for not only top-of-rack switches, but DPUs, NIC cards and other things in the rack. So you're starting to see that grow as well. Optical is still the ...

Yes. And I think over the long term, as power requirements continue to increase across our end markets, Rick, we've talked about the fact that modules and solutions will increasingly be an important part of our business. So I think you'll see that trend continue over the next couple of years.

What analysts pressed on

Analysts expressed concerns regarding the sustainability of growth in the consumer market and the potential impact of geopolitical factors on supply chains. There were also inquiries about the competitive landscape in the optical transceiver market.

Main topics on the call

• Record Revenue Achievement — MPWR achieved record quarterly revenue of $981 million, which is 22% higher than Q1 2026 and 48% higher than Q2 2025. Management attributed this growth to 'continued innovation, consistent execution, and the resilience o...
• Enterprise Data Segment Growth — The enterprise data segment saw a remarkable increase of $120 million in revenue within a single quarter, prompting management to raise the annual growth guidance from 85% to 130%. This was attributed to 'ramping existin...
• Stock Repurchase Authorization — The Board of Directors authorized an additional $500 million for stock repurchases, increasing the total authorization to $1 billion. This move reflects management's confidence in the company's financial health and futur...
• Automotive Market Expansion — MPWR has shipped products for over 1,500 new sockets in the automotive sector this year, indicating strong growth in ADAS and other vehicle applications. Management expressed confidence in a ramp-up of revenue from these...

Read the full Monolithic Power Systems, Inc. transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 39 Monolithic Power Systems, Inc. earnings call transcripts on record, spanning February 5, 2020 to July 30, 2026. Based on this history, Monolithic Power Systems, Inc. reports quarterly. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

MPWR

Exchange

NasdaqGS

Country

US

Sector

Information Technology

Industry

Semiconductors and Semiconductor Equipment

Calls on record

39

First call

February 5, 2020

Most recent

July 30, 2026

Reporting cadence

quarterly