Monolithic Power Systems reported first quarter 2026 revenue of $804.2 million, an increase of 26.1% year-over-year and 7.1% sequentially. Non-GAAP diluted earnings per share came in at $5.10, up 26.2% from the prior year, driven by strong performance in its data-centric end markets.
Key Highlights
- Revenue growth was primarily fueled by the Enterprise Data segment, which surged 97.7% year-over-year to $262.8 million, attributed to strong demand for power management solutions in AI and server applications.
- The Communications segment also demonstrated significant momentum, growing 33.1% sequentially and 55.5% year-over-year to $111.5 million, led by sales for optical modules and switches.
- The company provided a strong outlook for the second quarter of 2026, forecasting revenue in the range of $890 million to $910 million, representing approximately 11.9% sequential growth at the midpoint.