The latest data point for MPWR's revenue in Q1'26 shows $804M USD, marking a 26.1% year-over-year growth and continuing the upward trajectory from the previous quarter's $751M USD in Q4'25. Over the period from Q2'23 to Q1'26, revenue has exhibited strong overall growth, rising from $441M USD to $804M USD, with a notable inflection point in Q2'24 when year-over-year growth turned positive at 15.0% and accelerated to a peak of 39.2% in Q1'25. The trend reflects consistent expansion, though growth rates moderated slightly to 18.9% in Q3'25 before rebounding to 26.1% in Q1'26, indicating sustained momentum driven by underlying business factors in the semiconductor sector.