Monolithic Power Systems, Inc. (MPWR)

Monolithic Power Systems beat expectations on both the top and bottom line in the third fiscal quarter of 2026, reported October 29, 2026, based on preliminary results: adjusted EPS of $8.19 topped the $7.79 estimate (+5.1%) and revenue of $1.202 billion topped the $1.162 billion estimate (+3.5%). Revenue rose 63.1% year over year to about $1.2 billion (up from roughly $737 million a year ago), alongside net income that increased 52.1% to about $271 million (up from roughly $178 million). Profitability remained elevated, with gross margin at about 55% and operating margin near 30%, as the company generated roughly $666 million of gross profit and about $358 million of operating income. By geography, China remained the largest revenue contributor at about $502 million (up ~26% year over year), while smaller regions posted faster growth, including the U.S. at roughly $26 million (up ~45%) and Southeast Asia at about $49 million (up ~40%). Consensus for the next period calls for EPS of $8.22 on revenue of $1.223 billion.