MACOM Technology Solutions (MTSI)

Nasdaq Information Technology Semiconductors S&P MidCap 400

$210.98

+20.63 (+10.84%)

Close of Nov 06, 2026 · end-of-day data

Source: MACOM Technology Solutions's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$544.34M	$698.77M	$570.40M	$499.71M	$530.04M	$606.92M	$675.17M	$648.41M	$729.58M	$967.26M
Cost of revenue	$262.73M	$371.89M	$324.69M	$279.00M	$259.87M	$265.06M	$268.99M	$262.61M	$335.81M	$438.26M
Gross profit	$281.61M	$326.88M	$245.71M	$220.71M	$270.17M	$341.86M	$406.18M	$385.80M	$393.77M	$529.00M
Research & development	$107.70M	$147.99M	$177.71M	$163.47M	$141.33M	$138.84M	$148.23M	$148.54M	$182.16M	$244.47M
Selling, general & admin	$145.43M	$187.89M	$161.67M	$153.29M	$124.31M	$122.01M	$125.28M	$129.85M	$137.95M	$154.88M
Operating income	$13.25M	-$16.08M	-$106.52M	-$380.38M	$3.39M	$81.00M	$132.67M	$107.40M	$73.67M	$129.65M
Interest expense	$18.43M	$28.86M	$31.34M	$35.80M	$27.38M	$22.06M	$8.55M	$12.38M	$5.14M	$5.52M
Pre-tax income	-$21.57M	-$49.51M	-$155.24M	-$423.15M	-$41.56M	$42.95M	$243.12M	$115.16M	$91.53M	-$29.02M
Income tax	-$17.98M	$100.91M	-$21.47M	-$39.35M	$4.52M	$4.97M	-$196.84M	$23.58M	$14.67M	$25.18M
Net income	$1.43M	-$169.49M	-$139.98M	-$383.80M	-$46.08M	$37.97M	$439.95M	$91.58M	$76.86M	-$54.21M
EBITDA	$83.84M	$76.91M	$5.86M	-$275.96M	$82.21M	$150.96M	$189.90M	$159.55M	$140.91M	$192.95M
EPS (basic)	$0.03	$-2.79	$-2.16	$-5.84	$-0.69	$0.55	$6.30	$1.29	$1.07	$-0.73
EPS (diluted)	$0.03	$-2.79	$-2.57	$-5.84	$-0.69	$0.54	$6.18	$1.28	$1.04	$-0.73
Diluted shares	53.36M	60.70M	65.31M	65.69M	66.61M	70.47M	71.17M	71.50M	73.58M	73.99M
Gross margin	51.7%	46.8%	43.1%	44.2%	51.0%	56.3%	60.2%	59.5%	54.0%	54.7%
Operating margin	2.4%	-2.3%	-18.7%	-76.1%	0.6%	13.3%	19.7%	16.6%	10.1%	13.4%
Net margin	0.3%	-24.3%	-24.5%	-76.8%	-8.7%	6.3%	65.2%	14.1%	10.5%	-5.6%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$332.98M	$130.10M	$94.68M	$75.52M	$129.44M	$156.54M	$119.95M	$173.95M	$146.81M	$112.14M
Short-term investments	$23.78M	$84.12M	$98.22M	$101.23M	$203.71M	$188.37M	$466.58M	$340.57M	$435.08M	$673.83M
Receivables	$108.33M	$136.10M	$97.38M	$69.79M	$45.88M	$84.57M	$101.55M	$91.25M	$105.70M	$148.65M
Inventory	$114.94M	$136.07M	$122.84M	$107.88M	$91.58M	$82.70M	$114.96M	$136.30M	$194.49M	$237.84M
Total current assets	$612.94M	$562.90M	$458.86M	$398.58M	$481.52M	$521.54M	$813.08M	$761.19M	$903.08M	$1.21B
Goodwill	$120.02M	$313.76M	$314.08M	$314.73M	$315.01M	$314.24M	$311.42M	$323.40M	$332.20M	$336.31M
Total assets	$1.19B	$1.64B	$1.48B	$1.11B	$1.15B	$1.13B	$1.57B	$1.55B	$1.76B	$2.10B
Total current liabilities	$92.15M	$117.12M	$107.00M	$74.84M	$94.95M	$93.04M	$97.21M	$83.53M	$108.18M	$325.12M
Short-term debt	$6.05M	$6.88M	$6.88M	$6.88M	$6.88M	—	$0	—	$0	$160.95M
Long-term debt	$573.88M	$661.47M	$658.37M	$655.27M	$652.17M	$492.10M	$565.92M	$447.13M	$448.28M	$339.63M
Total debt	$579.93M	$668.36M	$665.26M	$662.16M	$659.06M	$492.10M	$565.92M	$447.13M	$448.28M	$500.58M
Total liabilities	$725.77M	$859.75M	$813.82M	$791.68M	$846.28M	$662.41M	$729.07M	$605.64M	$629.30M	$776.26M
Shareholders' equity	$462.78M	$777.37M	$668.67M	$313.90M	$300.15M	$471.74M	$842.75M	$947.60M	$1.13B	$1.33B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$79.23M	$61.05M	$36.29M	$20.70M	$171.40M	$148.41M	$176.98M	$166.92M	$162.64M	$235.37M
Capital expenditures	$31.33M	$32.80M	$53.04M	$37.96M	$17.57M	$17.95M	$26.51M	$24.70M	$22.44M	$42.55M
Free cash flow	$47.91M	$28.25M	-$16.75M	-$17.26M	$153.82M	$130.46M	$150.47M	$142.22M	$140.20M	$192.82M
Investing cash flow	-$94.86M	-$337.57M	-$67.12M	-$33.89M	-$107.19M	-$2.58M	-$182.86M	$36.34M	-$181.13M	-$328.26M
Financing cash flow	$227.35M	$73.65M	-$4.45M	-$5.83M	-$10.72M	-$119.09M	-$28.91M	-$149.02M	-$9.06M	$58.10M
Share buybacks	$9.99M	$18.53M	$6.83M	$4.14M	$6.71M	$23.44M	$36.00M	$32.62M	$14.22M	$43.13M
Stock-based compensation	$26.95M	$36.34M	$31.94M	$23.79M	$35.67M	$35.00M	$41.19M	$38.10M	$45.64M	$79.36M
Depreciation & amortization	$70.59M	$93.00M	$112.38M	$104.42M	$78.83M	$69.95M	$57.23M	$52.15M	$67.25M	$63.30M

Income statement

quarters · USD

Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Jan 2025	Apr 2025	Jul 2025	Oct 2025	Jan 2026	Apr 2026	Jul 2026
Revenue	$150.38M	$157.15M	$181.23M	$190.49M	$200.71M	$218.12M	$235.89M	$252.08M	$261.17M	$271.61M	$288.95M	$342.24M
Cost of revenue	$63.75M	$69.84M	$86.02M	$89.08M	$90.87M	$101.01M	$105.73M	$112.64M	$118.87M	$119.83M	$124.52M	$142.69M
Gross profit	$86.63M	$87.31M	$95.21M	$101.41M	$109.84M	$117.11M	$130.16M	$139.44M	$142.30M	$151.78M	$164.43M	$199.55M
Research & development	$37.51M	$39.41M	$45.62M	$47.53M	$49.59M	$60.37M	$57.84M	$63.38M	$62.88M	$66.46M	$68.98M	$74.31M
Selling, general & admin	$33.51M	$36.89M	$34.18M	$34.16M	$32.72M	$39.21M	$37.45M	$38.40M	$39.83M	$42.02M	$44.62M	$48.13M
Operating income	$15.61M	$11.01M	$15.41M	$19.72M	$27.53M	$17.53M	$34.87M	$37.66M	$39.59M	$43.30M	$50.83M	$77.11M
Pre-tax income	$18.99M	$15.28M	$19.49M	$24.25M	$32.51M	-$169.94M	$40.93M	$44.08M	$55.90M	$49.59M	$56.92M	$123.85M
Income tax	-$5.46M	$2.75M	$4.51M	$4.31M	$3.10M	-$2.41M	$9.26M	$7.55M	$10.78M	$822.00K	$10.59M	$23.14M
Net income	$24.45M	$12.53M	$14.98M	$19.94M	$29.41M	-$167.53M	$31.67M	$36.53M	$45.12M	$48.77M	$46.33M	$100.71M
EBITDA	$29.34M	$25.30M	$32.60M	$37.65M	$45.36M	$33.52M	$49.67M	$52.51M	$57.24M	$58.67M	$66.47M	$92.77M
EPS (basic)	$0.34	$0.18	$0.21	$0.28	$0.41	$-2.30	$0.43	$0.49	$0.62	$0.65	$0.62	$1.32
EPS (diluted)	$0.34	$0.17	$0.20	$0.27	$0.39	$-2.30	$0.42	$0.48	$0.62	$0.64	$0.60	$1.28
Diluted shares	108.00K	72.29M	73.27M	74.22M	317.00K	72.78M	75.74M	75.86M	158.00K	76.72M	77.56M	78.41M
Gross margin	57.6%	55.6%	52.5%	53.2%	54.7%	53.7%	55.2%	55.3%	54.5%	55.9%	56.9%	58.3%
Operating margin	10.4%	7.0%	8.5%	10.4%	13.7%	8.0%	14.8%	14.9%	15.2%	15.9%	17.6%	22.5%
Net margin	16.3%	8.0%	8.3%	10.5%	14.7%	-76.8%	13.4%	14.5%	17.3%	18.0%	16.0%	29.4%

Balance sheet

quarters · USD

Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Jan 2025	Apr 2025	Jul 2025	Oct 2025	Jan 2026	Apr 2026	Jul 2026
Cash & equivalents	$173.95M	$163.59M	$114.99M	$117.30M	$146.81M	$232.70M	$110.93M	$125.47M	$112.14M	$119.65M	$98.52M	$89.60M
Short-term investments	$340.57M	$299.70M	$361.42M	$404.20M	$435.08M	$423.82M	$570.61M	$609.76M	$673.83M	$648.85M	$566.34M	$573.43M
Receivables	$91.25M	$101.08M	$120.22M	$106.78M	$105.70M	$91.75M	$131.39M	$129.49M	$148.65M	$160.06M	$159.60M	$179.15M
Inventory	$136.30M	$159.50M	$177.81M	$190.72M	$194.49M	$198.38M	$209.33M	$215.39M	$237.84M	$238.91M	$252.19M	$281.52M
Total current assets	$761.19M	$744.95M	$798.44M	$843.61M	$903.08M	$982.43M	$1.06B	$1.13B	$1.21B	$1.21B	$1.13B	$1.17B
Goodwill	$323.40M	$322.49M	$330.37M	$330.34M	$332.20M	$335.66M	$335.97M	$336.38M	$336.31M	$335.71M	$335.61M	$335.42M
Total assets	$1.55B	$1.65B	$1.68B	$1.71B	$1.76B	$1.84B	$1.92B	$2.00B	$2.10B	$2.11B	$2.01B	$2.15B
Total current liabilities	$83.53M	$102.87M	$108.85M	$103.09M	$108.18M	$272.41M	$298.82M	$294.65M	$325.12M	$304.54M	$149.70M	$501.51M
Short-term debt	—	—	—	—	$0	$160.64M	$160.74M	$160.84M	$160.95M	$160.56M	$0	$340.46M
Long-term debt	$447.13M	$447.42M	$447.71M	$447.99M	$448.28M	$338.75M	$339.07M	$339.35M	$339.63M	$339.91M	$340.19M	$0
Total debt	$447.13M	$447.42M	$447.71M	$447.99M	$448.28M	$499.39M	$499.81M	$500.19M	$500.58M	$500.47M	$340.19M	$340.46M
Total liabilities	$605.64M	$626.71M	$630.77M	$624.16M	$629.30M	$692.74M	$716.52M	$739.92M	$776.26M	$752.41M	$596.82M	$605.99M
Shareholders' equity	$947.60M	$1.02B	$1.05B	$1.08B	$1.13B	$1.15B	$1.20B	$1.26B	$1.33B	$1.35B	$1.42B	$1.54B

Cash flow

quarters · USD

Quarter ended	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Jan 2025	Apr 2025	Jul 2025	Oct 2025	Jan 2026	Apr 2026	Jul 2026
Operating cash flow	$50.35M	$33.10M	$18.20M	$49.01M	$62.33M	$66.66M	$38.69M	$60.39M	$69.64M	$42.92M	$78.66M	$79.96M
Capital expenditures	$5.81M	$4.65M	$5.13M	$7.47M	$5.19M	$5.34M	$8.16M	$8.83M	$20.22M	$12.94M	$13.19M	$20.76M
Free cash flow	$44.55M	$28.45M	$13.07M	$41.54M	$57.14M	$61.32M	$30.53M	$51.55M	$49.42M	$29.99M	$65.47M	$59.20M
Investing cash flow	$123.70M	-$34.77M	-$65.30M	-$48.54M	-$32.52M	-$10.23M	-$156.91M	-$79.00M	-$82.13M	$8.77M	$64.75M	-$89.96M
Financing cash flow	-$121.22M	-$9.05M	-$1.32M	$1.94M	-$630.00K	$30.12M	-$3.84M	$32.51M	-$697.00K	-$44.20M	-$164.50M	$1.21M
Share buybacks	$140.00K	$11.55M	$970.00K	$1.35M	$342.00K	$37.91M	$3.35M	$1.42M	$451.00K	$47.92M	—	—
Stock-based compensation	$9.33M	$8.66M	$12.09M	$13.35M	$11.55M	$25.52M	$18.77M	$17.31M	$17.77M	$22.14M	$22.64M	$21.10M
Depreciation & amortization	$13.74M	$14.29M	$17.20M	$17.93M	$17.83M	$15.99M	$14.80M	$14.85M	$17.65M	$15.38M	$15.64M	$15.65M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.