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Red Flags Detected

  • Material Weakness (new) — A material weakness in internal control over financial reporting related to deferred income taxes was identified and not remediated as of June 30, 2026.
  • Securities Litigation (worsened) — The securities class action remains active and derivative litigation has expanded with a new suit and consolidation.
NASDAQ: MPWR MONOLITHIC POWER SYSTEMS, INC. 10-Q

MPWR Q2 revenue +47.6% to $980.6M, net income +90.6%, but material weakness disclosed

Filed August 5, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 4, 2025 · ~1 min read

Key Changes

  • high

    Revenue rose 47.6% to $980.6M, driven by a 164.3% surge in enterprise data sales for AI and server applications.

    MD&A: Revenue verify on EDGAR →
  • high

    Net income jumped 90.6% to $257.3M, with diluted EPS up 85.8% to $5.22, aided by a lower effective tax rate.

    MD&A: Net income verify on EDGAR →
  • high

    Company disclosed a material weakness in deferred tax accounting, making disclosure controls ineffective as of June 30, 2026.

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 1, 2026 · How we verify