Record Revenue Growth: MPS reported a record quarterly revenue of $664.6 million for Q2 2025, marking a 4.2% increase from Q1 2025 and a 31.0% increase year-over-year (YOY) compared to Q2 2024. This growth was attributed to a diversified market strategy, strong customer focus, and innovation in their product offerings.

Q3 2025 Guidance: For the September quarter, MPS forecasts an 8% sequential growth at the midpoint, driven by a projected 20-30% growth in enterprise data revenue, seasonal uplift in consumer markets, and overall growth in high single-digit ranges across most end markets, apart from caution in storage and compute categories, which may show slower growth following two strong previous quarters.

Enterprise Data Market Dynamics: The company has seen positive developments in their ASIC-based AI products, with multiple customer engagements contributing to design wins. There¡¯s confidence in the enterprise data segment, projected to maintain interest and growth; however, the forecasted market of $4 billion remains subject to change due to rapid technology shifts and competition dynamics.