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MARKETS / NASDAQ / MTSI
NASDAQ · SEMICONDUCTORS & RELATED DEVICES · LARGE CAP

Macom Technology Solutions Holdings, Inc. MTSI

16 fiscal years on record · USD · FY2025 reported · SEC filings only
$967.3M
▲ 32.6% YoY
$-54.2M
▼ 170.5% YoY
$192.8M
▲ 37.5% YoY
In brief

What this company does

MACOM Technology Solutions Holdings, Inc. designs, develops and manufactures semiconductor products and solutions for the Industrial and Defense, Data Center and Telecommunications industries. It is headquartered in Lowell, Massachusetts, with operational facilities throughout North America, Europe and Asia. It offers a portfolio of thousands of standard and custom devices, including integrated circuits, multi-chip modules, diodes, amplifiers, switches and optical subsystems, organized into dozens of product lines that service over 6,000 end customers. As of October 3, 2025, it employed approximately 2,000 individuals worldwide, including approximately 800 in research and development. It organizes its business around three primary end markets: Industrial and Defense, which includes military and commercial radar, RF jammers and electronic countermeasures; Data Center, which includes high-speed Data Center Interconnect applications; and Telecom, which includes carrier infrastructure such as 5G and 6G infrastructure and satellite communications. Some of its business operations trace their heritage to the founding of Microwave Associates, Inc. more than 70 years ago, and the MACOM brand dates back more than 30 years.

Written from the business description in MACOM Technology Solutions Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 14 November 2025. Every sentence was checked against that document before publication.

Growth
USD 967.3M
Revenue, FY2025 · full 16-year series below
Revenue $M Net income $M
FY2025 · Revenue 967.3 · Net income -54.2
400M800M-200M201020122014201620182020202220242025
Compound annual growth
+12.7%
+12.8%
+8.7%
+9.1%
+6.2%
+45.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +12.8% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−6 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating 13.4% · Net -5.6%
20%40%60%-20%-40%-60%201020122014201620182020202220242025
ROE
FY2025 · ROE -4.4%
20%40%60%-20%-40%-60%201020122014201620182020202220242025

Each USD of equity lost 4 cents this year.

Cash & shareholders
USD 43.1M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 192.8
80M160M201020122014201620182020202220242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 43.1
40M-40M-80M20112013201520172019202120232025

USD 43.1M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 2.1B
EquityUSD 1.3B
CashUSD 112.1M
Gross debtUSD 500.6M
Net debtUSD 388.4M
Current ratio3.71×

Net debt stands at 29% of equity.

The 16-year record
16 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013201220112010
Revenue $B1.00.70.60.70.60.50.50.60.70.50.40.30.20.30.30.3
Operating income $B0.10.10.10.10.10.0−0.4−0.1−0.00.00.0−0.00.00.10.00.0
EBITDA $B0.20.10.20.20.20.1−0.30.00.10.10.10.00.00.10.10.0
Income tax $B0.00.00.0−0.20.00.0−0.0−0.00.1−0.0−0.0−0.00.00.00.00.0
Net income $B−0.10.10.10.40.0−0.0−0.4−0.1−0.20.00.0−0.00.0−0.0−0.00.0
Free cash flow $B0.20.10.10.20.10.2−0.0−0.00.00.0−0.00.00.00.00.00.0
EPS, diluted $−0.731.041.286.180.54−0.69−5.84−2.57−2.790.030.95−0.330.39−0.25−54.130.04
Dividend / sh $················
Payout %·············−17−7789·
ROE %−4.47.410.266.99.8−15.0−78.1−19.4−27.30.314.9−6.48.0−11.2·15.7
Shares out B0.070.070.070.070.070.070.070.070.060.050.050.050.050.050.00·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 78 reconciliationsAUDITED

Reconciled in 16 of 19 fiscal years. 17 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivitySemiconductors & Related Devices
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsOctober 3
Data on record since2010

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