MACOM Technology Solutions Holdings, Inc. (MTSI)

MACOM Technology Solutions Holdings, Inc., together with its subsidiaries, provides analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum. The company offers a portfolio of standard and custom devices, including integrated circuits, multi-chip modules, diodes, amplifiers, switches and switch limiters, passive and active components, and subsystems. Its semiconductor products are electronic components that are incorporated in electronic systems, such as wireless base stations, optical networks, radar and medical systems, satellite networks, and test and measurement applications. The company serves carrier infrastructure, which comprise long-haul/metro, 5G and 6G infrastructure, satellite communications, and fiber-to-the-X/passive optical network; industrial and defense, including military and commercial radar, RF jammers, electronic countermeasures, and communication data links, as well as multi-market applications, such as industrial, medical, test and measurement, and scientific applications; and data centers. It sells its products through direct sales force, applications engineering staff, independent sales representatives, resellers, and distributors. The company operates in the United States, China, Japan, Singapore, South Korea, Taiwan, and internationally. MACOM Technology Solutions Holdings, Inc. was formerly known as M/A-Com Technology Solutions Holdings, Inc. and changed its name to MACOM Technology Solutions Holdings, Inc. in 2016. MACOM Technology Solutions Holdings, Inc. was founded in 1950 and is based in Lowell, Massachusetts.

Symbol
MTSI
Exchange
Nasdaq
Sector
Technology
Industry
Semiconductors
Market cap
$21.26B
52 week range
121.97 - 418.9

Valuation

Share price
$278.56 (close of 2026-09-28)
P/E (TTM)
85.98x
Price to book
13.80x
Price to free cash flow
104.19x
Enterprise value
$20.98B
Book value per share
$20.19

Price performance

PeriodChange
1 day-2.45%
5 days-0.20%
1 month+5.01%
3 months-24.55%
6 months+23.56%
Year to date+62.63%
1 year+115.29%
3 years+239.09%
5 years+332.35%
10 years+586.28%
All time+1255.52%

Members of Congress who disclosed MTSI trades

Gilbert Ray Cisneros · Josh Gottheimer · Robert Bresnahan

Profitability and growth

Return on equity
-4.08%
Return on invested capital
9.68%
Return on assets
-2.58%
Return on capital employed
7.29%
Gross margin
54.69%
Net margin
-5.60%
EBITDA margin
19.95%
Revenue growth
32.58%
Net income growth
-170.53%
Free cash flow growth
37.53%

Cash flow and balance sheet

Free cash flow yield (TTM)
0.96%
Current ratio
2.34x
Net debt to EBITDA
-0.80x

Latest reported year

Period end
2025-10-03
Fiscal year
2025
Revenue
$967.26M
Cost of revenue
$438.26M
Gross profit
$529.00M
EBITDA
$192.95M
Net income
-$54.21M
Earnings per share
$-0.73
Research and development
$244.47M
Shares outstanding
73.99M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-10-03$967.26M$529.00M-$54.21M$-0.73
2024-09-27$729.58M$393.77M$76.86M$1.07
2023-09-29$648.41M$385.80M$91.58M$1.29
2022-09-30$675.17M$406.18M$439.95M$6.30
2021-10-01$606.92M$341.86M$37.97M$0.55
2020-10-02$530.04M$270.17M-$46.08M$-0.69
2019-09-27$499.71M$220.71M-$383.80M$-5.84
2018-09-28$570.40M$245.71M-$139.98M$-2.16
2017-09-29$698.77M$326.88M-$169.49M$-2.79
2016-09-30$544.34M$281.61M$1.43M$0.03

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-10-0354.69%-5.60%-4.08%9.68%
2024-09-2753.97%10.53%6.82%5.72%
2023-09-2959.50%14.12%9.66%9.11%
2022-09-3060.16%65.16%52.20%15.49%
2021-10-0156.33%6.26%8.05%11.12%
2020-10-0250.97%-8.69%-15.35%0.24%
2019-09-2744.17%-76.80%-122.27%-41.09%
2018-09-2843.08%-24.54%-20.93%-7.45%
2017-09-2946.78%-24.26%-21.80%-1.31%
2016-09-3051.73%0.26%0.31%1.93%

Cash and debt by year

Period endCashDebt
2025-10-03$785.98M$339.63M
2024-09-27$581.89M$448.28M
2023-09-29$514.53M$447.13M
2022-09-30$586.53M$565.92M
2021-10-01$344.90M$492.10M
2020-10-02$333.15M$652.17M
2019-09-27$176.75M$655.27M
2018-09-28$192.90M$658.37M
2017-09-29$214.22M$661.47M
2016-09-30$356.75M$573.88M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-10-03$192.82M$79.36M
2024-09-27$140.20M$45.64M
2023-09-29$142.22M$38.10M
2022-09-30$150.47M$41.19M
2021-10-01$130.46M$35.00M
2020-10-02$153.82M$35.67M
2019-09-27-$17.26M$23.79M
2018-09-28-$16.75M$31.94M
2017-09-29$28.25M$36.34M
2016-09-30$47.91M$26.95M

Investor relations

Next earnings report

Next confirmed report
2026-11-05
Consensus EPS estimate
$1.68

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-06Jun/2026$1.04
2026-05-07--
2026-02-05--
2025-11-06--
2025-08-07--
2025-05-08--
2025-02-06--
2024-11-07--

Filings and sources

Company website
macom.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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