MACOM Technology Solutions (MTSI) Financials

$381.55 +18.79 (+5.18%)

Closing price 05/13/2026 04:00 PM Eastern

Extended Trading

$383.10 +1.55 (+0.40%)

As of 05:07 AM Eastern

Annual Income Statements for MACOM Technology Solutions

This table shows MACOM Technology Solutions' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	10/2/2015	9/30/2016	9/29/2017	9/28/2018	9/27/2019	10/2/2020	10/1/2021	9/30/2022	9/29/2023	9/27/2024	10/3/2025
Net Income / (Loss) Attributable to Common Shareholders	49	1.43	-169	-140	-384	-46	38	440	92	77	-54
Consolidated Net Income / (Loss)	49	1.43	-169	-140	-384	-46	38	440	92	77	-54
Net Income / (Loss) Continuing Operations	-5.54	-3.59	-150	-134	-384	-46	38	440	92	77	-54
Total Pre-Tax Income	-15	-22	-50	-155	-423	-42	43	243	115	92	-29
Total Operating Income	10	13	-16	-107	-380	3.39	81	133	107	74	130
Total Gross Profit	204	282	327	246	221	270	342	406	386	394	529
Total Revenue	421	544	699	570	500	530	607	675	648	730	967
Operating Revenue	421	544	699	570	500	530	607	675	648	730	967
Total Cost of Revenue	217	263	372	325	279	260	265	269	263	336	438
Operating Cost of Revenue	217	263	372	325	279	260	265	269	263	336	438
Total Operating Expenses	193	268	343	352	601	267	261	274	278	320	399
Selling, General & Admin Expense	110	145	188	162	153	124	122	125	130	138	155
Research & Development Expense	82	108	148	178	163	141	139	148	149	182	244
Total Other Income / (Expense), net	-25	-35	-33	-49	-43	-45	-38	110	7.76	18	-159
Interest Expense	18	18	29	31	36	27	22	8.55	12	5.14	199
Interest & Investment Income	-	-	-	-	-	-	1.47	4.25	21	23	30
Other Income / (Expense), net	-7.12	-16	-4.57	-17	-6.97	-18	-17	115	-0.67	0.01	10
Income Tax Expense	-9.86	-18	101	-21	-39	4.52	4.97	-197	24	15	25
Basic Earnings per Share	$0.95	$0.03	($2.79)	($2.16)	($5.84)	($0.69)	$0.55	$6.30	$1.29	$1.07	($0.73)
Weighted Average Basic Shares Outstanding	51.15M	53.36M	60.70M	64.74M	65.69M	66.61M	68.45M	69.78M	70.80M	71.96M	73.99M
Diluted Earnings per Share	$0.95	$0.03	($2.79)	($2.57)	($5.84)	($0.69)	$0.54	$6.18	$1.28	$1.04	($0.73)
Weighted Average Diluted Shares Outstanding	51.15M	53.36M	60.70M	65.31M	65.69M	66.61M	70.47M	71.17M	71.50M	73.58M	73.99M
Weighted Average Basic & Diluted Shares Outstanding	51.10M	53.69M	64.26M	65.19M	66.16M	67.96M	69.61M	70.67M	71.21M	72.40M	74.93M

This table shows MACOM Technology Solutions' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	9/29/2023	12/29/2023	3/29/2024	6/28/2024	9/27/2024	1/3/2025	4/4/2025	7/4/2025	10/3/2025	1/2/2026	4/3/2026
Net Income / (Loss) Attributable to Common Shareholders	24	13	15	20	29	-168	32	37	45	49	46
Consolidated Net Income / (Loss)	24	13	15	20	29	-168	32	37	45	49	46
Net Income / (Loss) Continuing Operations	24	13	15	20	29	-168	32	37	45	49	46
Total Pre-Tax Income	19	15	19	24	33	-170	41	44	56	50	57
Total Operating Income	16	11	15	20	28	18	35	38	40	43	51
Total Gross Profit	87	87	95	101	110	117	130	139	142	152	164
Total Revenue	150	157	181	190	201	218	236	252	261	272	289
Operating Revenue	150	157	181	190	201	218	236	252	261	272	289
Total Cost of Revenue	64	70	86	89	91	101	106	113	119	120	125
Operating Cost of Revenue	64	70	86	89	91	101	106	113	119	120	125
Total Operating Expenses	71	76	80	82	82	100	95	102	103	108	114
Selling, General & Admin Expense	34	37	34	34	33	39	37	38	40	42	45
Research & Development Expense	38	39	46	48	50	60	58	63	63	66	69
Total Other Income / (Expense), net	3.39	4.27	4.08	4.53	4.98	-187	6.06	6.42	16	6.29	6.09
Interest Expense	2.22	1.29	1.29	1.29	1.27	194	1.18	1.18	1.79	1.70	1.67
Interest & Investment Income	6.06	5.56	5.37	5.82	6.24	7.00	7.24	7.60	8.02	7.99	7.76
Income Tax Expense	-5.46	2.75	4.51	4.31	3.10	-2.41	9.26	7.55	11	0.82	11
Basic Earnings per Share	$0.34	$0.18	$0.21	$0.28	$0.40	($2.30)	$0.43	$0.49	$0.65	$0.65	$0.62
Weighted Average Basic Shares Outstanding	70.80M	71.43M	72.08M	72.14M	71.96M	72.78M	74.36M	74.43M	73.99M	74.82M	75.28M
Diluted Earnings per Share	$0.34	$0.17	$0.20	$0.27	$0.40	($2.30)	$0.42	$0.48	$0.67	$0.64	$0.60
Weighted Average Diluted Shares Outstanding	71.50M	72.29M	73.27M	74.22M	73.58M	72.78M	75.74M	75.86M	73.99M	76.72M	77.56M
Weighted Average Basic & Diluted Shares Outstanding	71.21M	72.07M	72.11M	72.19M	72.40M	74.34M	74.39M	74.47M	74.93M	75.01M	76.30M

This table details how cash moves in and out of MACOM Technology Solutions' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	10/2/2015	9/30/2016	9/29/2017	9/28/2018	9/27/2019	10/2/2020	10/1/2021	9/30/2022	9/29/2023	9/27/2024	10/3/2025
Net Change in Cash & Equivalents	-52	211	-203	-35	-19	54	27	-37	54	-27	-35
Net Cash From Operating Activities	34	79	61	36	21	171	148	177	167	163	235
Net Cash From Continuing Operating Activities	34	79	61	36	21	171	148	177	167	163	235
Net Income / (Loss) Continuing Operations	49	1.43	-169	-140	-384	-46	38	440	92	77	-54
Consolidated Net Income / (Loss)	49	1.43	-169	-140	-384	-46	38	440	92	77	-54
Depreciation Expense	55	71	93	112	104	79	70	57	52	67	63
Amortization Expense	17	8.24	48	4.59	4.06	4.06	14	1.70	-9.80	-6.42	-4.03
Non-Cash Adjustments To Reconcile Net Income	-34	49	18	58	304	54	49	-74	38	46	262
Changes in Operating Assets and Liabilities, net	-52	-50	72	1.12	-8.06	80	-22	-248	-5.12	-21	-32
Net Cash From Investing Activities	-207	-95	-338	-67	-34	-107	-2.58	-183	36	-181	-328
Net Cash From Continuing Investing Activities	-289	-102	-363	-72	-34	-118	-2.58	-183	36	-181	-328
Purchase of Property, Plant & Equipment	-38	-32	-33	-58	-38	-18	-18	-27	-25	-26	-53
Acquisitions	-212	-86	-270	-1.00	-0.38	-	0.00	0.00	-88	-73	-13
Purchase of Investments	-40	-36	-105	-114	-174	-285	-194	-529	-375	-427	-592
Sale of Property, Plant & Equipment	1.50	0.00	0.22	1.27	5.54	0.42	0.28	0.02	8.01	0.00	0.00
Sale and/or Maturity of Investments	0.00	52	45	100	173	184	209	245	516	345	360
Other Investing Activities, net	-	-	-	-	-	-	-	0.00	0.00	-1.14	-30
Net Cash From Financing Activities	122	227	74	-4.45	-5.83	-11	-119	-29	-149	-9.06	58
Net Cash From Continuing Financing Activities	122	227	74	-4.45	-5.83	-11	-119	-29	-149	-9.06	58
Repayment of Debt	-105	-16	-13	-8.58	-7.46	-6.89	-551	0.00	-121	0.00	-23
Repurchase of Common Equity	-8.63	-10.00	-19	-6.83	-4.14	-6.71	-23	-36	-33	-14	-43
Issuance of Debt	100	248	97	4.00	0.00	0.00	450	-	0.00	0.00	115
Issuance of Common Equity	133	5.46	8.28	6.96	7.19	4.59	6.78	8.05	5.57	6.59	10
Other Financing Activities, net	2.99	0.00	0.00	-	-1.42	-1.71	-1.37	-0.96	-1.21	-1.43	-1.27
Effect of Exchange Rate Changes	-0.24	-1.06	-0.01	-0.15	-0.14	0.44	0.36	-1.80	-0.24	0.41	0.13

This table details how cash moves in and out of MACOM Technology Solutions' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	9/29/2023	12/29/2023	3/29/2024	6/28/2024	9/27/2024	1/3/2025	4/4/2025	7/4/2025	10/3/2025	1/2/2026	4/3/2026
Net Change in Cash & Equivalents	52	-10	-49	2.31	30	86	-122	15	-13	7.50	-21
Net Cash From Operating Activities	50	33	18	49	62	67	39	60	70	43	79
Net Cash From Continuing Operating Activities	50	33	18	49	62	67	39	60	70	43	79
Net Income / (Loss) Continuing Operations	24	13	15	20	29	-168	32	37	45	49	46
Consolidated Net Income / (Loss)	24	13	15	20	29	-168	32	37	45	49	46
Depreciation Expense	14	14	17	18	18	16	15	15	18	15	16
Amortization Expense	-1.17	0.00	-	-	-0.69	-1.93	-	-198	0.50	-0.86	-0.39
Non-Cash Adjustments To Reconcile Net Income	9.33	8.66	12	13	12	219	19	210	7.69	22	23
Changes in Operating Assets and Liabilities, net	4.01	-2.37	-26	3.52	4.22	1.51	-27	-3.77	-1.32	-42	-5.56
Net Cash From Investing Activities	124	-35	-65	-49	-33	-10	-157	-79	-82	8.77	65
Net Cash From Continuing Investing Activities	124	-35	-65	-49	-33	-10	-157	-79	-82	8.77	65
Purchase of Property, Plant & Equipment	-5.81	-4.65	-5.13	-7.47	-5.19	-11	-8.16	-8.83	-31	-17	-16
Purchase of Investments	-22	-55	-175	-100	-96	-61	-259	-130	-141	-46	-25
Sale and/or Maturity of Investments	152	100	115	59	71	72	115	92	81	71	105
Other Investing Activities, net	-	0.00	-	-	-2.18	2.68	-4.58	-32	9.83	0.32	1.17
Net Cash From Financing Activities	-121	-9.05	-1.32	1.94	-0.63	30	-3.84	33	-0.70	-44	-165
Net Cash From Continuing Financing Activities	-121	-9.05	-1.32	1.94	-0.63	30	-3.84	33	-0.70	-44	-165
Repayment of Debt	-	0.00	-	-	-	-23	-0.22	-0.04	-	0.00	-161
Issuance of Common Equity	-	2.85	0.00	3.66	0.08	4.54	-	5.67	0.08	5.21	-51
Other Financing Activities, net	-0.32	-0.35	-0.35	-0.36	-0.37	-0.23	-0.27	28	-29	-1.49	0.21
Effect of Exchange Rate Changes	-0.40	0.36	-0.18	-0.10	0.32	-0.66	0.29	0.64	-0.13	0.01	-0.03

This table presents MACOM Technology Solutions' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	10/2/2015	9/30/2016	9/29/2017	9/28/2018	9/27/2019	10/2/2020	10/1/2021	9/30/2022	9/29/2023	9/27/2024	10/3/2025
Total Assets	861	1,189	1,637	1,482	1,106	1,146	1,134	1,572	1,553	1,756	2,103
Total Current Assets	384	613	563	459	399	482	522	813	761	903	1,205
Cash & Equivalents	122	333	130	95	76	129	157	120	174	147	112
Short-Term Investments	40	24	84	98	101	204	188	467	341	435	674
Accounts Receivable	84	108	136	97	70	46	85	102	91	106	149
Inventories, net	80	115	136	123	108	92	83	115	136	194	238
Prepaid Expenses	11	11	22	23	28	11	9.37	10	19	21	33
Plant, Property, & Equipment, net	84	99	131	150	133	119	121	124	149	176	230
Total Noncurrent Assets	393	476	943	874	574	546	492	635	643	677	668
Goodwill	93	120	314	314	315	315	314	311	323	332	336
Intangible Assets	244	260	621	513	181	131	85	51	67	76	79
Noncurrent Deferred & Refundable Income Taxes	48	90	0.95	2.27	44	42	40	237	218	212	208
Other Noncurrent Operating Assets	7.61	7.21	7.40	13	11	40	38	35	34	56	45
Total Liabilities & Shareholders' Equity	861	1,189	1,637	1,482	1,106	1,146	1,134	1,572	1,553	1,756	2,103
Total Liabilities	436	726	860	814	792	846	662	729	606	629	776
Total Current Liabilities	71	92	117	107	75	95	93	97	84	108	325
Short-Term Debt	4.06	7.20	7.70	7.35	7.97	0.00	-	-	-	0.00	161
Accounts Payable	29	31	47	42	25	23	29	31	25	43	68
Accrued Expenses	38	54	58	50	42	64	63	65	57	64	96
Other Current Liabilities	-	-	-	-	-	1.37	0.96	1.01	1.16	0.65	0.63
Total Noncurrent Liabilities	365	634	743	707	717	751	569	632	522	521	451
Long-Term Debt	335	574	661	658	655	652	492	566	447	448	340
Capital Lease Obligations	-	2.46	17	29	30	29	28	27	32	31	31
Other Noncurrent Operating Liabilities	30	46	49	19	32	70	49	39	43	42	81
Total Equity & Noncontrolling Interests	425	463	777	669	314	300	472	843	948	1,126	1,327
Total Preferred & Common Equity	425	463	777	669	314	300	472	843	948	1,126	1,327
Total Common Equity	425	463	777	669	314	300	472	843	948	1,126	1,327
Common Stock	526	552	1,042	1,075	1,102	1,135	1,270	1,203	1,214	1,310	1,562
Retained Earnings	-99	-97	-267	-408	-792	-840	-802	-354	-263	-186	-240
Treasury Stock	-0.33	-0.33	-0.33	-0.33	-0.33	-0.33	-0.33	-	-0.33	-0.33	-0.33
Accumulated Other Comprehensive Income / (Loss)	-2.28	9.04	2.98	2.19	4.36	5.01	4.15	-5.85	-3.64	2.51	5.03

This table presents MACOM Technology Solutions' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026
Period end date	12/30/2022	3/31/2023	6/30/2023	12/29/2023	3/29/2024	6/28/2024	1/3/2025	4/4/2025	7/4/2025	1/2/2026	4/3/2026
Total Assets	1,588	1,617	1,643	1,651	1,676	1,705	1,844	1,919	2,003	2,106	2,015
Total Current Assets	848	848	852	745	798	844	982	1,064	1,127	1,206	1,126
Cash & Equivalents	126	137	122	164	115	117	233	111	125	120	99
Short-Term Investments	469	441	466	300	361	404	424	571	610	649	566
Accounts Receivable	112	122	106	101	120	107	92	131	129	160	160
Inventories, net	121	132	139	160	178	191	198	209	215	239	252
Prepaid Expenses	20	17	20	21	24	25	36	42	47	39	49
Plant, Property, & Equipment, net	119	123	155	184	180	179	174	179	209	235	235
Total Noncurrent Assets	621	646	635	722	698	683	687	676	667	665	654
Goodwill	312	325	324	322	330	330	336	336	336	336	336
Intangible Assets	44	67	66	120	93	86	89	82	75	73	67
Noncurrent Deferred & Refundable Income Taxes	229	218	211	217	214	212	217	213	211	208	202
Other Noncurrent Operating Assets	35	36	35	62	60	55	45	44	44	49	49
Total Liabilities & Shareholders' Equity	1,588	1,617	1,643	1,651	1,676	1,705	1,844	1,919	2,003	2,106	2,015
Total Liabilities	725	723	728	627	631	624	693	717	740	752	597
Total Current Liabilities	94	91	211	103	109	103	272	299	295	305	150
Short-Term Debt	-	-	120	-	-	-	161	161	161	161	0.00
Accounts Payable	36	31	27	27	44	40	45	61	61	64	62
Accrued Expenses	57	55	58	75	64	62	66	76	72	80	87
Other Current Liabilities	1.03	4.87	4.94	1.05	0.95	0.81	0.64	0.73	0.69	0.65	0.67
Total Noncurrent Liabilities	631	632	517	524	522	521	420	418	445	448	447
Long-Term Debt	566	567	447	447	448	448	339	339	339	340	340
Capital Lease Obligations	27	26	32	32	31	31	31	31	31	30	30
Other Noncurrent Operating Liabilities	38	39	38	45	43	42	51	48	75	78	77
Total Equity & Noncontrolling Interests	863	894	915	1,024	1,046	1,081	1,151	1,202	1,263	1,353	1,418
Total Preferred & Common Equity	863	894	915	1,024	1,046	1,081	1,151	1,202	1,263	1,353	1,418
Total Common Equity	863	894	915	1,024	1,046	1,081	1,151	1,202	1,263	1,353	1,418
Common Stock	1,190	1,195	1,205	1,275	1,283	1,299	1,506	1,523	1,545	1,540	1,561
Retained Earnings	-325	-299	-287	-250	-235	-215	-353	-322	-285	-191	-145
Treasury Stock	-0.33	-0.33	-0.33	-0.33	-0.33	-0.33	-0.33	-0.33	-0.33	-0.33	-0.33
Accumulated Other Comprehensive Income / (Loss)	-2.57	-1.43	-2.88	-0.40	-1.94	-2.08	-1.12	0.88	3.81	4.61	2.09

This table displays calculated financial ratios and metrics derived from MACOM Technology Solutions' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	10/2/2015	9/30/2016	9/29/2017	9/28/2018	9/27/2019	10/2/2020	10/1/2021	9/30/2022	9/29/2023	9/27/2024	10/3/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	24.00%	29.42%	28.37%	-18.37%	-12.39%	6.07%	14.51%	11.25%	-3.96%	12.52%	32.58%
EBITDA Growth	174.33%	1.60%	58.89%	-105.76%	-3,925.86%	124.64%	114.87%	107.52%	-51.33%	-9.78%	47.95%
EBIT Growth	110.43%	-205.65%	-556.81%	-499.99%	-212.64%	96.34%	548.02%	289.40%	-56.86%	-30.97%	89.66%
NOPAT Growth	136.27%	31.27%	-221.41%	-562.27%	-257.09%	100.89%	2,920.07%	235.21%	-64.43%	-27.57%	46.71%
Net Income Growth	417.10%	-97.05%	-11,919.60%	17.41%	-174.19%	87.99%	182.41%	1,058.60%	-79.18%	-16.07%	-170.53%
EPS Growth	387.88%	-96.84%	-9,400.00%	7.89%	-127.24%	88.18%	178.26%	1,044.44%	-79.29%	-18.75%	-170.19%
Operating Cash Flow Growth	32.22%	135.26%	-22.95%	-40.55%	-42.96%	728.00%	-13.41%	19.25%	-5.69%	-2.56%	44.72%
Free Cash Flow Firm Growth	27.30%	60.95%	-585.19%	101.30%	784.68%	176.19%	-54.89%	-70.83%	0.20%	-321.41%	184.81%
Invested Capital Growth	52.86%	14.58%	76.36%	-6.71%	-28.94%	-20.96%	-0.89%	34.44%	7.40%	12.27%	4.72%
Revenue Q/Q Growth	22.67%	7.96%	2.00%	-2.59%	-7.23%	7.07%	1.33%	3.52%	-4.11%	7.41%	6.67%
EBITDA Q/Q Growth	58.62%	-18.19%	27.60%	-128.53%	-4.04%	160.43%	2.00%	2.16%	-14.01%	14.44%	13.17%
EBIT Q/Q Growth	120.61%	-122.55%	45.04%	-35.78%	-0.57%	75.22%	2.76%	5.40%	-16.94%	20.22%	18.83%
NOPAT Q/Q Growth	23,369.77%	68.36%	-152.69%	-20.11%	1.42%	115.91%	14.99%	103.78%	-71.29%	8.71%	10.26%
Net Income Q/Q Growth	457.15%	-97.17%	-10.30%	-4.30%	6.57%	13.15%	-0.95%	102.05%	-70.12%	6.90%	22.46%
EPS Q/Q Growth	458.82%	-95.89%	-26.82%	0.77%	7.01%	15.85%	-20.59%	101.30%	-70.23%	6.12%	27.00%
Operating Cash Flow Q/Q Growth	-23.47%	32.43%	-17.02%	53.93%	-61.20%	91.68%	-18.46%	12.16%	-5.46%	7.95%	3.20%
Free Cash Flow Firm Q/Q Growth	13.73%	-12.04%	-8.01%	140.27%	-38.48%	123.26%	-28.07%	-79.58%	8.86%	9.97%	-31.73%
Invested Capital Q/Q Growth	-3.80%	-1.65%	1.80%	-1.34%	3.50%	-7.29%	-1.65%	30.72%	-1.55%	-1.44%	1.25%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	48.40%	51.73%	46.78%	43.08%	44.17%	50.97%	56.33%	60.16%	59.50%	53.97%	54.69%
EBITDA Margin	17.71%	13.90%	17.21%	-1.21%	-55.81%	12.96%	24.32%	45.37%	22.99%	18.44%	20.57%
Operating Margin	2.40%	2.43%	-2.30%	-18.67%	-76.12%	0.64%	13.35%	19.65%	16.56%	10.10%	13.40%
EBIT Margin	0.71%	-0.58%	-2.96%	-21.72%	-77.52%	-2.68%	10.47%	36.65%	16.46%	10.10%	14.45%
Profit (Net Income) Margin	11.55%	0.26%	-24.26%	-24.54%	-76.80%	-8.69%	6.26%	65.16%	14.12%	10.53%	-5.60%
Tax Burden Percent	-315.51%	-6.65%	342.38%	90.17%	90.70%	110.87%	88.42%	180.96%	79.52%	83.98%	186.77%
Interest Burden Percent	-517.47%	686.10%	239.73%	125.29%	109.24%	293.06%	67.59%	98.26%	107.89%	124.23%	-20.77%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	11.58%	-80.96%	20.48%	16.03%	0.00%
Return on Invested Capital (ROIC)	1.42%	1.44%	-1.18%	-6.34%	-27.44%	0.33%	11.29%	32.43%	9.70%	6.39%	8.66%
ROIC Less NNEP Spread (ROIC-NNEP)	25.67%	-2.44%	-48.73%	-20.80%	-51.97%	-11.35%	-2.25%	272.78%	-32.56%	-15.33%	89.79%
Return on Net Nonoperating Assets (RNNOA)	13.46%	-1.11%	-26.15%	-13.02%	-50.68%	-15.34%	-1.45%	34.51%	0.53%	1.02%	-13.08%
Return on Equity (ROE)	14.88%	0.32%	-27.33%	-19.36%	-78.12%	-15.01%	9.84%	66.94%	10.23%	7.41%	-4.42%
Cash Return on Invested Capital (CROIC)	-40.39%	-12.16%	-56.44%	0.60%	6.39%	23.74%	12.18%	3.05%	2.57%	-5.17%	4.05%
Operating Return on Assets (OROA)	0.39%	-0.31%	-1.46%	-7.94%	-29.93%	-1.26%	5.57%	18.29%	6.83%	4.45%	7.24%
Return on Assets (ROA)	6.30%	0.14%	-12.00%	-8.97%	-29.66%	-4.09%	3.33%	32.52%	5.86%	4.65%	-2.81%
Return on Common Equity (ROCE)	14.88%	0.32%	-27.33%	-19.36%	-78.12%	-15.01%	9.84%	66.94%	10.23%	7.41%	-4.42%
Return on Equity Simple (ROE_SIMPLE)	11.45%	0.31%	-21.80%	-20.93%	-122.27%	-15.35%	8.05%	52.20%	9.66%	6.82%	0.00%
Net Operating Profit after Tax (NOPAT)	7.06	9.27	-11	-75	-266	2.37	72	240	85	62	91
NOPAT Margin	1.68%	1.70%	-1.61%	-13.07%	-53.28%	0.45%	11.80%	35.56%	13.17%	8.48%	9.38%
Net Nonoperating Expense Percent (NNEP)	-24.25%	3.88%	47.55%	14.46%	24.53%	11.68%	13.54%	-240.35%	42.26%	21.72%	-81.13%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-	-	4.88%
Cost of Revenue to Revenue	51.60%	48.27%	53.22%	56.92%	55.83%	49.03%	43.67%	39.84%	40.50%	46.03%	45.31%
SG&A Expenses to Revenue	26.16%	26.72%	26.89%	28.34%	30.68%	23.45%	20.10%	18.56%	20.03%	18.91%	16.01%
R&D to Revenue	19.54%	19.79%	21.18%	31.16%	32.71%	26.66%	22.88%	21.95%	22.91%	24.97%	25.27%
Operating Expenses to Revenue	46.00%	49.30%	49.08%	61.75%	120.29%	50.33%	42.98%	40.51%	42.94%	43.88%	41.29%
Earnings before Interest and Taxes (EBIT)	2.98	-3.14	-21	-124	-387	-14	64	247	107	74	140
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	74	76	120	-6.93	-279	69	148	306	149	135	199
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.59	4.91	3.69	2.01	4.56	7.53	9.53	4.30	6.11	7.15	7.15
Price to Tangible Book Value (P/TBV)	17.41	27.32	0.00	0.00	0.00	0.00	61.73	7.55	10.39	11.21	10.40
Price to Revenue (P/Rev)	3.62	4.17	4.10	2.35	2.87	4.27	7.41	5.37	8.93	11.03	9.81
Price to Earnings (P/E)	31.35	1,584.52	0.00	0.00	0.00	0.00	118.37	8.24	63.24	104.75	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	3.19%	0.06%	0.00%	0.00%	0.00%	0.00%	0.84%	12.14%	1.58%	0.95%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.83	3.62	2.74	1.60	2.39	4.07	7.37	4.28	6.31	7.76	8.61
Enterprise Value to Revenue (EV/Rev)	4.04	4.59	4.78	3.18	3.85	4.89	7.67	5.38	8.88	10.89	9.55
Enterprise Value to EBITDA (EV/EBITDA)	22.83	33.02	27.76	0.00	0.00	37.71	31.53	11.85	38.61	59.09	46.40
Enterprise Value to EBIT (EV/EBIT)	571.44	0.00	0.00	0.00	0.00	0.00	73.26	14.68	53.92	107.88	66.08
Enterprise Value to NOPAT (EV/NOPAT)	240.73	269.47	0.00	0.00	0.00	1,092.51	64.99	15.13	67.39	128.49	101.74
Enterprise Value to Operating Cash Flow (EV/OCF)	50.50	31.54	54.67	49.96	92.97	15.12	31.36	20.52	34.48	48.87	39.23
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	258.54	31.02	15.12	60.22	161.06	254.77	0.00	217.66
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.80	1.26	0.88	1.04	2.21	2.27	1.10	0.70	0.51	0.43	0.40
Long-Term Debt to Equity	0.79	1.25	0.87	1.03	2.18	2.27	1.10	0.70	0.51	0.43	0.28
Financial Leverage	0.52	0.46	0.54	0.63	0.98	1.35	0.64	0.13	-0.02	-0.07	-0.15
Leverage Ratio	2.36	2.31	2.28	2.16	2.63	3.67	2.95	2.06	1.75	1.60	1.57
Compound Leverage Factor	-12.23	15.85	5.46	2.70	2.88	10.75	2.00	2.02	1.88	1.98	-0.33
Debt to Total Capital	44.41%	55.77%	46.89%	50.96%	68.82%	69.41%	52.44%	41.30%	33.57%	29.86%	28.58%
Short-Term Debt to Total Capital	0.53%	0.69%	0.53%	0.54%	0.79%	0.00%	0.00%	0.00%	0.00%	0.00%	8.66%
Long-Term Debt to Total Capital	43.88%	55.08%	46.37%	50.42%	68.03%	69.41%	52.44%	41.30%	33.57%	29.86%	19.92%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	55.59%	44.23%	53.11%	49.04%	31.18%	30.59%	47.56%	58.70%	66.43%	70.14%	71.42%
Debt to EBITDA	4.55	7.71	5.71	-100.30	-2.48	9.91	3.52	1.94	3.21	3.56	2.67
Net Debt to EBITDA	2.38	3.00	3.93	-67.96	-1.77	4.81	1.08	0.02	-0.24	-0.76	-1.28
Long-Term Debt to EBITDA	4.50	7.62	5.64	-99.23	-2.46	9.91	3.52	1.94	3.21	3.56	1.86
Debt to NOPAT	48.01	62.93	-60.97	-9.32	-2.60	287.22	7.26	2.47	5.61	7.75	5.85
Net Debt to NOPAT	25.09	24.46	-41.94	-6.31	-1.85	139.26	2.23	0.03	-0.42	-1.66	-2.81
Long-Term Debt to NOPAT	47.43	62.15	-60.29	-9.22	-2.57	287.22	7.26	2.47	5.61	7.75	4.08
Altman Z-Score	2.87	2.74	2.48	1.00	-0.27	1.40	4.26	4.16	6.67	8.63	8.36
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	5.38	6.65	4.81	4.29	5.33	5.07	5.61	8.36	9.11	8.35	3.71
Quick Ratio	3.44	5.05	2.99	2.71	3.29	3.99	4.62	7.08	7.25	6.36	2.87
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-201	-78	-538	7.01	62	171	77	23	23	-50	42
Operating Cash Flow to CapEx	91.64%	246.81%	187.33%	63.93%	63.85%	999.17%	839.91%	668.11%	999.86%	724.78%	440.62%
Free Cash Flow to Firm to Interest Expense	-10.94	-4.26	-18.64	0.22	1.73	6.26	3.50	2.64	1.82	-9.74	0.21
Operating Cash Flow to Interest Expense	1.83	4.30	2.12	1.16	0.58	6.26	6.73	20.70	13.48	31.67	1.19
Operating Cash Flow Less CapEx to Interest Expense	-0.17	2.56	0.99	-0.65	-0.33	5.63	5.93	17.60	12.13	27.30	0.92
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.55	0.53	0.49	0.37	0.39	0.47	0.53	0.50	0.42	0.44	0.50
Accounts Receivable Turnover	5.75	5.66	5.72	4.89	5.98	9.16	9.30	7.26	6.73	7.41	7.61
Inventory Turnover	2.87	2.70	2.96	2.51	2.42	2.61	3.04	2.72	2.09	2.03	2.03
Fixed Asset Turnover	6.29	5.95	6.07	4.06	3.54	4.21	5.07	5.53	4.75	4.48	4.76
Accounts Payable Turnover	8.37	8.77	9.58	7.30	8.36	10.86	10.24	9.05	9.43	9.85	7.91
Days Sales Outstanding (DSO)	63.44	64.47	63.84	74.70	61.05	39.83	39.23	50.31	54.27	49.27	47.99
Days Inventory Outstanding (DIO)	127.34	135.37	123.18	145.53	150.92	140.08	120.00	134.11	174.61	179.77	180.03
Days Payable Outstanding (DPO)	43.59	41.60	38.09	50.02	43.68	33.61	35.63	40.33	38.71	37.05	46.14
Cash Conversion Cycle (CCC)	147.18	158.23	148.93	170.21	168.29	146.29	123.59	144.08	190.17	191.99	181.89
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	602	690	1,216	1,135	806	637	632	849	912	1,024	1,072
Invested Capital Turnover	0.85	0.84	0.73	0.49	0.51	0.73	0.96	0.91	0.74	0.75	0.92
Increase / (Decrease) in Invested Capital	208	88	527	-82	-328	-169	-5.67	218	63	112	48
Enterprise Value (EV)	1,701	2,499	3,338	1,813	1,924	2,591	4,655	3,632	5,756	7,948	9,233
Market Capitalization	1,523	2,272	2,865	1,342	1,432	2,261	4,495	3,625	5,791	8,051	9,488
Book Value per Share	$8.02	$8.62	$12.10	$10.26	$4.75	$4.49	$6.86	$12.04	$13.35	$15.60	$17.82
Tangible Book Value per Share	$1.65	$1.55	($2.45)	($2.43)	($2.76)	($2.18)	$1.06	$6.86	$7.85	$9.95	$12.25
Total Capital	764	1,046	1,464	1,363	1,007	981	992	1,436	1,427	1,606	1,858
Total Debt	339	584	686	695	693	681	520	593	479	479	531
Total Long-Term Debt	335	576	679	687	685	681	520	593	479	479	370
Net Debt	177	227	472	471	492	330	160	6.42	-36	-102	-255
Capital Expenditures (CapEx)	37	32	33	57	32	17	18	26	17	22	53
Debt-free, Cash-free Net Working Capital (DFCFNWC)	155	171	239	166	155	53	84	129	163	213	255
Debt-free Net Working Capital (DFNWC)	317	528	453	359	332	387	428	716	678	795	1,041
Net Working Capital (NWC)	313	521	446	352	324	387	428	716	678	795	880
Net Nonoperating Expense (NNE)	-42	7.84	158	65	118	48	34	-200	-6.17	-15	145
Net Nonoperating Obligations (NNO)	177	227	439	466	492	337	160	6.42	-36	-102	-255
Total Depreciation and Amortization (D&A)	72	79	141	117	108	83	84	59	42	61	59
Debt-free, Cash-free Net Working Capital to Revenue	36.84%	31.46%	34.24%	29.16%	31.01%	10.08%	13.77%	19.16%	25.16%	29.20%	26.36%
Debt-free Net Working Capital to Revenue	75.32%	97.00%	64.90%	62.98%	66.38%	72.93%	70.60%	106.03%	104.51%	108.95%	107.62%
Net Working Capital to Revenue	74.35%	95.67%	63.79%	61.69%	64.79%	72.93%	70.60%	106.03%	104.51%	108.95%	90.98%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.95	$0.03	($2.79)	($2.16)	($5.84)	($0.69)	$0.55	$6.30	$1.29	$1.07	($0.73)
Adjusted Weighted Average Basic Shares Outstanding	51.15M	53.36M	60.70M	64.74M	65.69M	66.61M	68.45M	69.78M	70.80M	71.96M	73.99M
Adjusted Diluted Earnings per Share	$0.95	$0.03	($2.79)	($2.57)	($5.84)	($0.69)	$0.54	$6.18	$1.28	$1.04	($0.73)
Adjusted Weighted Average Diluted Shares Outstanding	51.15M	53.36M	60.70M	65.31M	65.69M	66.61M	70.47M	71.17M	71.50M	73.58M	73.99M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	53.07M	53.69M	64.26M	65.19M	66.16M	67.96M	69.61M	70.67M	71.21M	72.40M	74.93M
Normalized Net Operating Profit after Tax (NOPAT)	7.96	20	-6.29	-66	-67	3.17	72	93	85	62	91
Normalized NOPAT Margin	1.89%	3.66%	-0.90%	-11.50%	-13.45%	0.60%	11.80%	13.76%	13.17%	8.48%	9.38%
Pre Tax Income Margin	-3.66%	-3.96%	-7.08%	-27.22%	-84.68%	-7.84%	7.08%	36.01%	17.76%	12.55%	-3.00%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.16	-0.17	-0.72	-3.95	-10.82	-0.52	2.88	28.93	8.62	14.35	0.70
NOPAT to Interest Expense	0.38	0.50	-0.39	-2.38	-7.44	0.09	3.25	28.08	6.90	12.04	0.46
EBIT Less CapEx to Interest Expense	-1.84	-1.91	-1.85	-5.77	-11.72	-1.14	2.08	25.84	7.27	9.98	0.43
NOPAT Less CapEx to Interest Expense	-1.62	-1.24	-1.52	-4.19	-8.34	-0.54	2.45	24.98	5.55	7.68	0.19
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	17.75%	697.00%	-10.94%	-4.88%	-1.08%	-14.56%	61.72%	8.18%	35.62%	18.50%	-79.57%

This table displays calculated financial ratios and metrics derived from MACOM Technology Solutions' official financial filings.

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	9/29/2023	12/29/2023	3/29/2024	6/28/2024	9/27/2024	1/3/2025	4/4/2025	7/4/2025	10/3/2025	1/2/2026	4/3/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	75,011,970.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	75,011,970.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	0.62
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-15.59%	-12.75%	6.98%	28.25%	33.47%	38.80%	30.16%	32.33%	30.12%	24.52%	22.50%
EBITDA Growth	-46.70%	-50.76%	-32.48%	24.14%	61.25%	795.77%	52.36%	-554.67%	29.25%	83.00%	37.10%
EBIT Growth	-58.96%	-71.42%	-56.94%	14.12%	81.81%	59.19%	126.33%	91.01%	43.81%	147.03%	45.77%
NOPAT Growth	-91.72%	-68.98%	-52.08%	55.08%	23.97%	35.90%	127.79%	92.53%	28.31%	247.05%	53.36%
Net Income Growth	-89.78%	-57.57%	-41.84%	68.22%	20.30%	-1,437.46%	111.39%	83.23%	53.40%	129.11%	46.31%
EPS Growth	-89.88%	-58.54%	-44.44%	58.82%	17.65%	-1,452.94%	110.00%	77.78%	67.50%	127.83%	42.86%
Operating Cash Flow Growth	-16.07%	-13.52%	-43.95%	6.97%	23.78%	101.39%	112.53%	23.21%	11.72%	-35.61%	103.33%
Free Cash Flow Firm Growth	-270.74%	12.76%	45.98%	63.86%	-103.57%	116.11%	118.86%	111.47%	81.17%	-275.75%	-227.47%
Invested Capital Growth	7.40%	20.79%	15.21%	12.14%	12.27%	-1.45%	0.30%	1.94%	4.72%	8.85%	6.83%
Revenue Q/Q Growth	1.25%	4.50%	15.33%	5.11%	5.37%	8.68%	8.14%	6.86%	3.61%	4.00%	6.39%
EBITDA Q/Q Growth	-8.62%	-8.71%	28.87%	15.47%	18.70%	407.12%	-78.08%	-392.14%	139.79%	0.12%	14.31%
EBIT Q/Q Growth	-12.32%	-27.32%	39.94%	27.97%	39.70%	-36.37%	98.95%	8.00%	5.14%	9.35%	17.40%
NOPAT Q/Q Growth	92.19%	-55.07%	31.18%	36.89%	53.64%	-50.74%	119.89%	15.70%	2.39%	33.23%	-2.83%
Net Income Q/Q Growth	106.28%	-48.77%	19.59%	33.10%	47.52%	-669.56%	118.90%	15.37%	23.50%	8.08%	-5.00%
EPS Q/Q Growth	100.00%	-50.00%	17.65%	35.00%	48.15%	-675.00%	118.26%	14.29%	39.58%	-4.48%	-6.25%
Operating Cash Flow Q/Q Growth	9.90%	-34.27%	-45.00%	169.24%	27.18%	6.95%	-41.96%	56.09%	15.32%	-38.36%	83.26%
Free Cash Flow Firm Q/Q Growth	83.96%	-297.70%	25.52%	23.95%	9.64%	131.47%	-12.79%	-53.74%	-248.32%	-193.75%	36.75%
Invested Capital Q/Q Growth	-1.55%	14.02%	0.82%	-0.91%	-1.44%	0.09%	2.61%	0.72%	1.25%	4.03%	0.70%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	57.61%	55.56%	52.54%	53.24%	54.73%	53.69%	55.18%	55.31%	54.49%	55.88%	56.91%
EBITDA Margin	18.43%	16.10%	17.99%	19.76%	22.27%	103.90%	21.06%	-57.57%	22.11%	21.28%	22.87%
Operating Margin	10.38%	7.01%	8.50%	10.35%	13.72%	8.04%	14.78%	14.94%	15.16%	15.94%	17.59%
EBIT Margin	10.07%	7.01%	8.50%	10.35%	13.72%	8.04%	14.78%	14.94%	15.16%	15.94%	17.59%
Profit (Net Income) Margin	16.26%	7.97%	8.27%	10.47%	14.66%	-76.81%	13.42%	14.49%	17.28%	17.95%	16.03%
Tax Burden Percent	128.74%	82.00%	76.87%	82.23%	90.47%	98.58%	77.37%	82.88%	80.71%	98.34%	81.39%
Interest Burden Percent	125.37%	138.75%	126.49%	122.99%	118.05%	-969.57%	117.38%	117.05%	141.18%	114.53%	111.98%
Effective Tax Rate	-28.74%	18.00%	23.13%	17.77%	9.53%	0.00%	22.63%	17.12%	19.29%	1.66%	18.61%
Return on Invested Capital (ROIC)	9.84%	3.78%	4.25%	5.88%	9.35%	4.31%	9.21%	10.70%	11.29%	14.95%	14.14%
ROIC Less NNEP Spread (ROIC-NNEP)	-20.01%	53.35%	37.91%	-18.48%	2.83%	330.06%	2.88%	6.39%	3.93%	11.55%	11.91%
Return on Net Nonoperating Assets (RNNOA)	0.33%	0.40%	0.36%	0.28%	-0.19%	-16.75%	-0.19%	-0.67%	-0.57%	-1.68%	-2.03%
Return on Equity (ROE)	10.17%	4.18%	4.62%	6.17%	9.17%	-12.44%	9.02%	10.03%	10.72%	13.28%	12.11%
Cash Return on Invested Capital (CROIC)	2.57%	-11.97%	-8.87%	-5.65%	-5.17%	6.90%	6.35%	5.92%	4.05%	3.88%	6.89%
Operating Return on Assets (OROA)	4.18%	2.71%	3.29%	4.20%	6.05%	3.64%	6.95%	7.31%	7.60%	8.24%	9.60%
Return on Assets (ROA)	6.75%	3.08%	3.20%	4.25%	6.46%	-34.75%	6.31%	7.09%	8.66%	9.28%	8.75%
Return on Common Equity (ROCE)	10.17%	4.18%	4.62%	6.17%	9.17%	-12.44%	9.02%	10.03%	10.72%	13.28%	12.11%
Return on Equity Simple (ROE_SIMPLE)	0.00%	7.28%	6.10%	6.65%	0.00%	-8.97%	-7.20%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	20	9.03	12	16	25	12	27	31	32	43	41
NOPAT Margin	13.36%	5.74%	6.53%	8.51%	12.41%	5.62%	11.44%	12.38%	12.24%	15.68%	14.32%
Net Nonoperating Expense Percent (NNEP)	29.85%	-49.56%	-33.65%	24.36%	6.53%	-325.75%	6.33%	4.32%	7.37%	3.40%	2.23%
Return On Investment Capital (ROIC_SIMPLE)	-	0.60%	-	-	-	0.73%	1.56%	1.74%	1.72%	2.26%	2.31%
Cost of Revenue to Revenue	42.39%	44.44%	47.46%	46.76%	45.27%	46.31%	44.82%	44.69%	45.51%	44.12%	43.09%
SG&A Expenses to Revenue	22.29%	23.47%	18.86%	17.93%	16.30%	17.98%	15.88%	15.23%	15.25%	15.47%	15.44%
R&D to Revenue	24.94%	25.08%	25.17%	24.95%	24.71%	27.68%	24.52%	25.14%	24.08%	24.47%	23.87%
Operating Expenses to Revenue	47.23%	48.55%	44.03%	42.89%	41.01%	45.65%	40.39%	40.37%	39.33%	39.94%	39.31%
Earnings before Interest and Taxes (EBIT)	15	11	15	20	28	18	35	38	40	43	51
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	28	25	33	38	45	227	50	-145	58	58	66
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.11	6.46	6.59	7.44	7.15	8.59	5.54	8.28	7.15	9.69	12.61
Price to Tangible Book Value (P/TBV)	10.39	11.37	11.08	12.08	11.21	13.61	8.50	12.29	10.40	13.88	17.62
Price to Revenue (P/Rev)	8.93	10.58	10.82	11.83	11.03	12.50	7.89	11.54	9.81	12.84	16.65
Price to Earnings (P/E)	63.24	88.74	108.02	111.80	104.75	0.00	0.00	0.00	0.00	80.88	101.13
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	1.58%	1.13%	0.93%	0.89%	0.95%	0.00%	0.00%	0.00%	0.00%	1.24%	0.99%
Enterprise Value to Invested Capital (EV/IC)	6.31	6.38	6.58	7.70	7.76	9.52	6.20	9.69	8.61	11.54	15.65
Enterprise Value to Revenue (EV/Rev)	8.88	10.61	10.82	11.77	10.89	12.34	7.71	11.32	9.55	12.61	16.37
Enterprise Value to EBITDA (EV/EBITDA)	38.61	49.73	58.87	68.03	59.09	29.06	18.46	58.35	46.40	59.83	75.45
Enterprise Value to EBIT (EV/EBIT)	53.92	83.11	117.18	130.47	107.88	121.70	65.38	87.26	66.08	82.82	102.58
Enterprise Value to NOPAT (EV/NOPAT)	67.39	101.74	133.64	140.51	128.49	173.86	93.39	124.66	101.74	97.34	119.84
Enterprise Value to Operating Cash Flow (EV/OCF)	34.48	41.02	46.76	53.07	48.87	49.74	30.06	44.99	39.23	60.82	69.87
Enterprise Value to Free Cash Flow (EV/FCFF)	254.77	0.00	0.00	0.00	0.00	137.00	97.75	165.12	217.66	309.76	234.73
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.51	0.47	0.46	0.44	0.43	0.46	0.44	0.42	0.40	0.39	0.26
Long-Term Debt to Equity	0.51	0.47	0.46	0.44	0.43	0.32	0.31	0.29	0.28	0.27	0.26
Financial Leverage	-0.02	0.01	0.01	-0.02	-0.07	-0.05	-0.07	-0.11	-0.15	-0.15	-0.17
Leverage Ratio	1.75	1.72	1.70	1.68	1.60	1.61	1.60	1.58	1.57	1.58	1.50
Compound Leverage Factor	2.19	2.38	2.15	2.06	1.88	-15.58	1.88	1.85	2.22	1.81	1.68
Debt to Total Capital	33.57%	31.87%	31.42%	30.72%	29.86%	31.55%	30.62%	29.59%	28.58%	28.18%	20.71%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	9.55%	9.28%	8.96%	8.66%	8.52%	0.00%
Long-Term Debt to Total Capital	33.57%	31.87%	31.42%	30.72%	29.86%	21.99%	21.34%	20.62%	19.92%	19.65%	20.71%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	66.43%	68.13%	68.58%	69.28%	70.14%	68.45%	69.38%	70.41%	71.42%	71.82%	79.29%
Debt to EBITDA	3.21	3.59	4.09	4.08	3.56	1.58	1.50	3.02	2.67	2.47	1.59
Net Debt to EBITDA	-0.24	0.12	0.02	-0.36	-0.76	-0.38	-0.43	-1.16	-1.28	-1.10	-1.26
Long-Term Debt to EBITDA	3.21	3.59	4.09	4.08	3.56	1.10	1.05	2.10	1.86	1.72	1.59
Debt to NOPAT	5.61	7.35	9.29	8.42	7.75	9.45	7.61	6.45	5.85	4.01	2.52
Net Debt to NOPAT	-0.42	0.24	0.05	-0.74	-1.66	-2.25	-2.16	-2.48	-2.81	-1.80	-2.01
Long-Term Debt to NOPAT	5.61	7.35	9.29	8.42	7.75	6.59	5.30	4.50	4.08	2.80	2.52
Altman Z-Score	6.47	6.99	7.26	8.51	8.54	9.22	6.33	9.30	8.20	11.39	19.07
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	9.11	7.24	7.34	8.18	8.35	3.61	3.56	3.83	3.71	3.96	7.52
Quick Ratio	7.25	5.49	5.48	6.09	6.36	2.75	2.72	2.93	2.87	3.05	5.51
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-43	-170	-127	-96	-87	27	24	11	-16	-48	-30
Operating Cash Flow to CapEx	866.83%	711.50%	354.83%	656.08%	1,201.41%	1,248.30%	474.22%	683.56%	224.02%	248.67%	483.08%
Free Cash Flow to Firm to Interest Expense	-19.29	-131.71	-98.49	-74.73	-68.32	0.14	20.25	9.37	-9.13	-28.33	-18.25
Operating Cash Flow to Interest Expense	22.73	25.66	14.17	38.05	48.96	0.34	32.81	51.26	38.84	25.28	47.19
Operating Cash Flow Less CapEx to Interest Expense	20.11	22.05	10.17	32.25	44.89	0.32	25.89	43.76	21.50	15.11	37.42
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.42	0.39	0.39	0.41	0.44	0.45	0.47	0.49	0.50	0.52	0.55
Accounts Receivable Turnover	6.73	5.87	5.27	6.39	7.41	8.20	6.72	7.68	7.61	8.11	7.38
Inventory Turnover	2.09	1.87	1.82	1.87	2.03	2.05	2.00	2.02	2.03	2.09	2.06
Fixed Asset Turnover	4.75	4.13	4.20	4.06	4.48	4.41	4.71	4.67	4.76	4.99	5.19
Accounts Payable Turnover	9.43	8.37	7.48	9.12	9.85	10.23	7.32	8.13	7.91	8.43	7.71
Days Sales Outstanding (DSO)	54.27	62.18	69.32	57.14	49.27	44.51	54.33	47.55	47.99	45.02	49.45
Days Inventory Outstanding (DIO)	174.61	195.10	200.42	194.94	179.77	177.98	182.71	180.65	180.03	174.60	177.00
Days Payable Outstanding (DPO)	38.71	43.62	48.82	40.02	37.05	35.69	49.84	44.90	46.14	43.28	47.32
Cash Conversion Cycle (CCC)	190.17	213.67	220.91	212.05	191.99	186.80	187.20	183.31	181.89	176.34	179.13
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	912	1,040	1,048	1,039	1,024	1,025	1,051	1,059	1,072	1,115	1,123
Invested Capital Turnover	0.74	0.66	0.65	0.69	0.75	0.77	0.81	0.86	0.92	0.95	0.99
Increase / (Decrease) in Invested Capital	63	179	138	112	112	-15	3.11	20	48	91	72
Enterprise Value (EV)	5,756	6,635	6,895	7,995	7,948	9,759	6,514	10,261	9,233	12,873	17,581
Market Capitalization	5,791	6,619	6,893	8,038	8,051	9,885	6,665	10,465	9,488	13,110	17,875
Book Value per Share	$13.35	$14.38	$14.51	$14.99	$15.60	$15.90	$16.17	$16.98	$17.82	$18.06	$18.90
Tangible Book Value per Share	$7.85	$8.17	$8.63	$9.23	$9.95	$10.03	$10.55	$11.45	$12.25	$12.61	$13.53
Total Capital	1,427	1,503	1,525	1,560	1,606	1,681	1,733	1,794	1,858	1,884	1,788
Total Debt	479	479	479	479	479	530	531	531	531	531	370
Total Long-Term Debt	479	479	479	479	479	370	370	370	370	370	370
Net Debt	-36	16	2.72	-42	-102	-126	-151	-204	-255	-238	-295
Capital Expenditures (CapEx)	5.81	4.65	5.13	7.47	5.19	5.34	8.16	8.83	31	17	16
Debt-free, Cash-free Net Working Capital (DFCFNWC)	163	179	213	219	213	214	245	258	255	294	311
Debt-free Net Working Capital (DFNWC)	678	642	690	741	795	871	926	994	1,041	1,062	976
Net Working Capital (NWC)	678	642	690	741	795	710	765	833	880	901	976
Net Nonoperating Expense (NNE)	-4.36	-3.50	-3.14	-3.73	-4.51	180	-4.69	-5.32	-13	-6.19	-4.96
Net Nonoperating Obligations (NNO)	-36	16	2.72	-42	-102	-126	-151	-204	-255	-238	-295
Total Depreciation and Amortization (D&A)	13	14	17	18	17	209	15	-183	18	15	15
Debt-free, Cash-free Net Working Capital to Revenue	25.16%	28.59%	33.45%	32.25%	29.20%	27.09%	28.95%	28.49%	26.36%	28.76%	29.01%
Debt-free Net Working Capital to Revenue	104.51%	102.66%	108.21%	109.02%	108.95%	110.13%	109.58%	109.57%	107.62%	104.04%	90.92%
Net Working Capital to Revenue	104.51%	102.66%	108.21%	109.02%	108.95%	89.81%	90.56%	91.83%	90.98%	88.31%	90.92%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.34	$0.18	$0.21	$0.28	$0.40	($2.30)	$0.43	$0.49	$0.65	$0.65	$0.62
Adjusted Weighted Average Basic Shares Outstanding	70.80M	71.43M	72.08M	72.14M	71.96M	72.78M	74.36M	74.43M	73.99M	74.82M	75.28M
Adjusted Diluted Earnings per Share	$0.34	$0.17	$0.20	$0.27	$0.40	($2.30)	$0.42	$0.48	$0.67	$0.64	$0.60
Adjusted Weighted Average Diluted Shares Outstanding	71.50M	72.29M	73.27M	74.22M	73.58M	72.78M	75.74M	75.86M	73.99M	76.72M	77.56M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	71.21M	72.07M	72.11M	72.19M	72.40M	74.34M	74.39M	74.47M	74.93M	75.01M	76.30M
Normalized Net Operating Profit after Tax (NOPAT)	11	9.03	12	16	25	12	27	31	32	43	41
Normalized NOPAT Margin	7.27%	5.74%	6.53%	8.51%	12.41%	5.62%	11.44%	12.38%	12.24%	15.68%	14.32%
Pre Tax Income Margin	12.63%	9.72%	10.75%	12.73%	16.20%	-77.91%	17.35%	17.49%	21.40%	18.26%	19.70%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	6.84	8.53	11.99	15.31	21.64	0.09	29.58	31.97	22.08	25.50	30.49
NOPAT to Interest Expense	9.07	7.00	9.22	12.59	19.57	0.06	22.88	26.50	17.82	25.08	24.82
EBIT Less CapEx to Interest Expense	4.22	4.93	8.00	9.51	17.56	0.06	22.66	24.47	4.75	15.33	20.72
NOPAT Less CapEx to Interest Expense	6.45	3.39	5.22	6.79	15.49	0.04	15.96	19.00	0.49	14.91	15.05
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	35.62%	23.86%	21.77%	19.50%	18.50%	-39.32%	-49.66%	-61.54%	-79.57%	32.79%	0.00%

Financials Breakdown Chart

Key Financial Trends

Here are the key four-year trends for MACOM Technology Solutions (MTSI), focusing on cash flow, profitability, and balance-sheet development across the quarterly data provided.

Revenue has trended higher over the period, rising from about $172.3 million in 2022 (latest available Q3) to about $271.6 million in the latest Q1 2026, indicating meaningful top-line growth.
Gross margin has remained healthy and broadly in the mid-50s to around 60% range across years, signaling consistent gross profitability (e.g., ~55.3% in 2023 Q3, ~54–55% in 2024–2025 prints).
Operating cash flow (OCF) has been positive and generally improving, with quarterly net cash from continuing operating activities often in the $60M–$70M band in late 2024 through 2025 (e.g., Q4 2025: ~$69.6M).
Free cash flow has been positive in recent periods, reflecting cash generation after capex (for example, roughly $38.6M in Q4 2025 and about $25–26M in Q1 2026 after netting capex).
Liquidity is strong, with roughly $119.6M in cash and equivalents and about $648.8M in short-term investments, totaling around $768M in liquid assets as of the latest quarter.
Capital returns through share repurchases have been evident, with meaningful stock buybacks in recent periods (e.g., around $47.9M spent in Q1 2026), supporting per-share value for holders.

Debt levels remain modest and largely stable, with long-term debt typically in the $340M range and total liabilities well balanced by liquid assets, leaving the company with a manageable leverage profile.
Investing and financing activities show mixed activity (e.g., selective investments and occasional equity issuance), which is typical for a tech hardware supplier and is not consistently net positive or negative across all periods.

Q1 2025 included a significant restatement that produced a notable net loss for the quarter, highlighting a one-time earnings/frame risk that can weigh on near-term performance comparisons.
Financing cash flows have shown recurrent outflows driven by buybacks in multiple quarters (e.g., large negative net cash from financing activities in Q4 2025 and Q1 2026), which reduces cash in the near term even as equity per share may improve.

05/14/26 05:13 AM ETAI Generated. May Contain Errors.

MACOM Technology Solutions Financials - Frequently Asked Questions

According to the most recent income statement we have on file, MACOM Technology Solutions' financial year ends in October. Their financial year 2025 ended on October 3, 2025.

MACOM Technology Solutions' net income appears to be on a downward trend, with a most recent value of -$54.21 million in 2025, falling from $48.59 million in 2015. The previous period was $76.86 million in 2024. See MACOM Technology Solutions' forecast for analyst expectations on what's next for the company.

MACOM Technology Solutions' total operating income in 2025 was $129.65 million, based on the following breakdown:

Total Gross Profit: $529.00 million
Total Operating Expenses: $399.35 million

Over the last 10 years, MACOM Technology Solutions' total revenue changed from $420.61 million in 2015 to $967.26 million in 2025, a change of 130.0%.

MACOM Technology Solutions' total liabilities were at $776.27 million at the end of 2025, a 23.4% increase from 2024, and a 77.9% increase since 2015.

In the past 10 years, MACOM Technology Solutions' cash and equivalents has ranged from $75.52 million in 2019 to $332.98 million in 2016, and is currently $112.14 million as of their latest financial filing in 2025.

Over the last 10 years, MACOM Technology Solutions' book value per share changed from 8.02 in 2015 to 17.82 in 2025, a change of 122.3%.

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Financial statements for NASDAQ:MTSI last updated on 5/12/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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MACOM Technology Solutions (MTSI) Financials

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MACOM Technology Solutions (MTSI) Financials

Annual Income Statements for MACOM Technology Solutions

Quarterly Income Statements for MACOM Technology Solutions

Annual Cash Flow Statements for MACOM Technology Solutions

Quarterly Cash Flow Statements for MACOM Technology Solutions

Annual Balance Sheets for MACOM Technology Solutions

Quarterly Balance Sheets for MACOM Technology Solutions

Annual Metrics And Ratios for MACOM Technology Solutions

Quarterly Metrics And Ratios for MACOM Technology Solutions

Financials Breakdown Chart

Key Financial Trends

MACOM Technology Solutions Financials - Frequently Asked Questions

When does MACOM Technology Solutions' fiscal year end?

How has MACOM Technology Solutions' net income changed over the last 10 years?

What is MACOM Technology Solutions' operating income?

How has MACOM Technology Solutions' revenue changed over the last 10 years?

How much debt does MACOM Technology Solutions have?

How much cash does MACOM Technology Solutions have?

How has MACOM Technology Solutions' book value per share changed over the last 10 years?

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