Monolithic Power Systems reported record quarterly revenue of $1.202 billion in the third quarter of 2026, up 63.1% year over year. Its Enterprise Data segment, which supplies power-management chips to data centers, generated $506.7 million, a 164.6% annual increase, and now accounts for 42.1% of total revenue. GAAP net income reached $271.1 million, while adjusted diluted earnings per share came in at $8.19. For the fourth quarter, the company forecast revenue of $1.315 billion to $1.385 billion and expects Enterprise Data to grow at least 150% year over year. Monolithic Power currently has manufacturing capacity supporting more than $6 billion in annual revenue and is targeting $8 billion in the second half of 2027 and $10 billion over the longer term.
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