MACOM Technology Solutions Holdings, Inc. (MTSI) Balance Sheet
MTSI balance sheet, FY2025
September 30, 2025 · U.S. dollars$2.10B assets = $776.3M liabilities + $1.33B equity
Both columns are drawn to the same scale: what MTSI owns equals what it owes plus shareholders’ equity. Hover a block for its value.
MTSI financial health
Descriptive bands, not a rating. Fiscal FY2025.
MTSI balance sheet trends, FY2016–FY2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.19BFY2016 | $2.10BFY2025 | +6.5%/yr | |
| Total liabilities | $725.8MFY2016 | $776.3MFY2025 | +0.8%/yr | |
| Shareholders’ equity | $462.8MFY2016 | $1.33BFY2025 | +12.4%/yr | |
| Cash & short-term investments | $356.8MFY2016 | $786.0MFY2025 | +9.2%/yr | |
| Total debt | $583.5MFY2016 | $538.0MFY2025 | −0.9%/yr | |
| Net cash (debt) | −$226.8MFY2016 | $248.0MFY2025 | +$474.8M | |
| Working capital | $520.8MFY2016 | $880.0MFY2025 | +$359.2M | |
| Book value per share | $8.67FY2016 | $17.94FY2025 | +8.4%/yr | |
| Current ratio | 6.65FY2016 | 3.71FY2025 | −2.94 | |
| Debt / equity | 1.26FY2016 | 0.41FY2025 | −0.86 | |
| Shares outstanding | 53.4MFY2016 | 74.0MFY2025 | +3.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
MTSI assets
MTSI liabilities and equity
MTSI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
MTSI balance sheet
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $786.0M | $581.9M | $514.5M | $586.5M | $344.9M | $333.2M | $176.7M | $192.9M | $214.2M | $356.8M |
| Cash & equivalents | $112.1M | $146.8M | $174.0M | $120.0M | $156.5M | $129.4M | $75.5M | $94.7M | $130.1M | $333.0M |
| Short-term investments | $673.8M | $435.1M | $340.6M | $466.6M | $188.4M | $203.7M | $101.2M | $98.2M | $84.1M | $23.8M |
| Receivables | $148.6M | $105.7M | $91.3M | $101.6M | $84.6M | $45.9M | $86.5M | $115.0M | $154.6M | $129.9M |
| Inventory | $237.8M | $194.5M | $136.3M | $115.0M | $82.7M | $91.6M | $107.9M | $122.8M | $136.1M | $114.9M |
| Other current assets | $32.6M | $21.0M | $19.1M | $10.0M | $9.4M | $10.9M | $27.5M | $28.2M | $58.0M | $11.3M |
| Total current assets | $1.21B | $903.1M | $761.2M | $813.1M | $521.5M | $481.5M | $398.6M | $458.9M | $562.9M | $612.9M |
| Property, plant & equipment (net) | $230.3M | $176.0M | $149.5M | $123.7M | $120.5M | $118.9M | $132.6M | $149.9M | $131.0M | $99.2M |
| Goodwill & intangible assets | $414.9M | $408.3M | $390.4M | $362.7M | $398.9M | $445.9M | $496.0M | $826.9M | $934.9M | $379.6M |
| Long-term investments | $0 | $0 | $0 | $2.5M | $15.3M | $17.7M | $23.6M | $31.1M | $0 | $0 |
| Other non-current assets | $253.1M | $268.3M | $252.2M | $269.9M | $77.8M | $82.4M | $52.4M | $15.8M | $8.3M | $96.8M |
| Total assets | $2.10B | $1.76B | $1.55B | $1.57B | $1.13B | $1.15B | $1.10B | $1.48B | $1.64B | $1.19B |
| Liabilities | ||||||||||
| Accounts payable | $67.6M | $43.2M | $25.0M | $30.7M | $28.7M | $23.0M | $24.8M | $42.0M | $107.3M | $30.6M |
| Short-term debt | $167.9M | $8.4M | $8.4M | $7.5M | $8.4M | $15.9M | $8.0M | $7.4M | $7.7M | $8.4M |
| Deferred revenue | $7.7M | $5.3M | $2.8M | $3.9M | $1.9M | $6.3M | $2.1M | $7.8M | $2.0M | −$54.4M |
| Total current liabilities | $325.1M | $108.2M | $83.5M | $97.2M | $93.0M | $95.0M | $74.8M | $107.0M | $117.1M | $92.2M |
| Long-term debt | $339.6M | $448.3M | $447.1M | $565.9M | $492.1M | $681.2M | $684.8M | $687.4M | $678.7M | $576.3M |
| Lease obligations | $37.4M | $39.5M | $32.9M | $28.0M | $29.0M | $29.0M | $30.6M | $29.0M | $17.3M | — |
| Other long-term liabilities | $111.5M | $72.8M | $75.0M | $65.9M | $77.3M | $70.2M | $32.1M | $19.4M | $63.9M | $57.3M |
| Total liabilities | $776.3M | $629.3M | $605.6M | $729.1M | $662.4M | $846.3M | $791.7M | $813.8M | $859.7M | $725.8M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $74,000 | $72,000 | $71,000 | $70,000 | $69,000 | $67,000 | $66,000 | $65,000 | $64,000 | $54,000 |
| Retained earnings (deficit) | −$240.1M | −$185.8M | −$262.7M | −$354.3M | −$801.8M | −$839.7M | −$791.8M | −$408.0M | −$267.0M | −$97.5M |
| Treasury stock | — | — | — | — | −$330,000 | −$330,000 | −$330,000 | −$330,000 | −$330,000 | −$330,000 |
| Accumulated other comprehensive income | $5.0M | $2.5M | −$3.6M | −$5.9M | $4.2M | $5.0M | $4.4M | $2.2M | $3.0M | $9.0M |
| Minority interest | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Total shareholders' equity | $1.33B | $1.13B | $947.6M | $842.7M | $471.7M | $300.1M | $311.5M | $668.7M | $777.4M | $462.8M |
| Key figures | ||||||||||
| Total debt | $538.0M | $487.8M | $487.3M | $600.4M | $528.5M | $697.0M | $692.7M | $694.7M | $686.4M | $583.5M |
| Net cash (debt) | $248.0M | $94.1M | $27.2M | −$13.9M | −$183.6M | −$363.9M | −$516.0M | −$501.9M | −$472.2M | −$226.8M |
| Working capital | $880.0M | $794.9M | $677.7M | $715.9M | $428.5M | $386.6M | $323.7M | $351.9M | $445.8M | $520.8M |
| Tangible book value | $912.2M | $718.1M | $557.2M | $480.1M | $72.8M | −$145.8M | −$184.5M | −$158.2M | −$157.5M | $83.2M |
| Book value per share | $17.94 | $15.31 | $13.25 | $11.84 | $6.69 | $4.51 | $4.74 | $10.24 | $12.81 | $8.67 |
| Shares outstanding | 74.0M | 73.6M | 71.5M | 71.2M | 70.5M | 66.6M | 65.7M | 65.3M | 60.7M | 53.4M |
| Current ratio | 3.71 | 8.35 | 9.11 | 8.36 | 5.61 | 5.07 | 5.33 | 4.29 | 4.81 | 6.65 |
| Quick ratio | 2.87 | 6.36 | 7.25 | 7.08 | 4.62 | 3.99 | 3.52 | 2.88 | 3.15 | 5.28 |
| Debt / equity | 0.41 | 0.43 | 0.51 | 0.71 | 1.12 | 2.32 | 2.22 | 1.04 | 0.88 | 1.26 |
| Equity / assets | 63.1% | 64.2% | 61.0% | 53.6% | 41.6% | 26.2% | 28.2% | 45.1% | 47.5% | 38.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $663.0M | $664.9M | $768.5M | $786.0M | $735.2M | $681.5M | $656.5M | $581.9M | $521.5M | $476.4M | $463.3M | $514.5M |
| Cash & equivalents | $89.6M | $98.5M | $119.6M | $112.1M | $125.5M | $110.9M | $232.7M | $146.8M | $117.3M | $115.0M | $163.6M | $174.0M |
| Short-term investments | $573.4M | $566.3M | $648.8M | $673.8M | $609.8M | $570.6M | $423.8M | $435.1M | $404.2M | $361.4M | $299.7M | $340.6M |
| Receivables | $179.1M | $159.6M | $160.1M | $148.6M | $129.5M | $131.4M | $91.8M | $105.7M | $106.8M | $120.2M | $101.1M | $91.3M |
| Inventory | $281.5M | $252.2M | $238.9M | $237.8M | $215.4M | $209.3M | $198.4M | $194.5M | $190.7M | $177.8M | $159.5M | $136.3M |
| Other current assets | $48.6M | $49.4M | $38.6M | $32.6M | $47.2M | $42.0M | $35.8M | $21.0M | $24.6M | $24.0M | $21.1M | $19.1M |
| Total current assets | $1.17B | $1.13B | $1.21B | $1.21B | $1.13B | $1.06B | $982.4M | $903.1M | $843.6M | $798.4M | $745.0M | $761.2M |
| Property, plant & equipment (net) | $246.3M | $235.0M | $234.7M | $230.3M | $209.0M | $178.5M | $174.1M | $176.0M | $179.0M | $180.2M | $184.3M | $149.5M |
| Goodwill & intangible assets | $397.0M | $403.0M | $408.5M | $414.9M | $411.8M | $418.4M | $424.8M | $408.3M | $415.9M | $423.4M | $442.0M | $390.4M |
| Long-term investments | $102.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $229.1M | $250.6M | $256.3M | $253.1M | $255.1M | $257.7M | $262.2M | $268.3M | $266.8M | $274.3M | $279.6M | $252.2M |
| Total assets | $2.15B | $2.01B | $2.11B | $2.10B | $2.00B | $1.92B | $1.84B | $1.76B | $1.71B | $1.68B | $1.65B | $1.55B |
| Liabilities | ||||||||||||
| Accounts payable | $72.8M | $62.1M | $63.8M | $67.6M | $60.6M | $61.3M | $44.6M | $43.2M | $40.3M | $44.3M | $27.1M | $25.0M |
| Short-term debt | $341.2M | $7.0M | $167.8M | $167.9M | $161.5M | $161.5M | $161.3M | $8.4M | $808,000 | $948,000 | $1.1M | $8.4M |
| Deferred revenue | — | $4.2M | — | $7.7M | — | — | — | $5.3M | — | — | — | $2.8M |
| Total current liabilities | $501.5M | $149.7M | $304.5M | $325.1M | $294.6M | $298.8M | $272.4M | $108.2M | $103.1M | $108.9M | $102.9M | $83.5M |
| Long-term debt | $0 | $340.2M | $339.9M | $339.6M | $339.4M | $339.1M | $338.8M | $448.3M | $448.0M | $447.7M | $447.4M | $447.1M |
| Lease obligations | $37.0M | $37.1M | $31.0M | $37.4M | $31.4M | $31.6M | $31.6M | $39.5M | $32.1M | $32.4M | $32.7M | $32.9M |
| Other long-term liabilities | $104.5M | $106.9M | $108.0M | $111.5M | $105.9M | $78.6M | $81.6M | $72.8M | $73.1M | $74.2M | $76.4M | $75.0M |
| Total liabilities | $606.0M | $596.8M | $752.4M | $776.3M | $739.9M | $716.5M | $692.7M | $629.3M | $624.2M | $630.8M | $626.7M | $605.6M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $76,000 | $76,000 | $75,000 | $74,000 | $74,000 | $74,000 | $74,000 | $72,000 | $72,000 | $72,000 | $72,000 | $71,000 |
| Retained earnings (deficit) | −$44.3M | −$145.0M | −$191.3M | −$240.1M | −$285.2M | −$321.7M | −$353.4M | −$185.8M | −$215.3M | −$235.2M | −$250.2M | −$262.7M |
| Accumulated other comprehensive income | $1.1M | $2.1M | $4.6M | $5.0M | $3.8M | $877,000 | −$1.1M | $2.5M | −$2.1M | −$1.9M | −$396,000 | −$3.6M |
| Total shareholders' equity | $1.54B | $1.42B | $1.35B | $1.33B | $1.26B | $1.20B | $1.15B | $1.13B | $1.08B | $1.05B | $1.02B | $947.6M |
| Key figures | ||||||||||||
| Total debt | $371.1M | $377.3M | $574.9M | $538.0M | $531.6M | $531.4M | $531.0M | $487.8M | $480.1M | $480.1M | $480.1M | $487.3M |
| Net cash (debt) | $291.9M | $287.5M | $193.6M | $248.0M | $203.7M | $150.2M | $125.5M | $94.1M | $41.4M | −$3.7M | −$16.8M | $27.2M |
| Working capital | $670.8M | $976.3M | $901.5M | $880.0M | $832.7M | $765.5M | $710.0M | $794.9M | $740.5M | $689.6M | $642.1M | $677.7M |
| Tangible book value | $1.14B | $1.01B | $944.6M | $912.2M | $851.5M | $783.9M | $726.0M | $718.1M | $665.2M | $622.2M | $582.1M | $557.2M |
| Book value per share | $19.65 | $18.38 | $17.64 | $17.94 | $16.65 | $15.87 | $15.81 | $15.11 | $14.57 | $14.27 | $14.17 | $13.19 |
| Shares outstanding | 78.4M | 77.1M | 76.7M | 74.0M | 75.9M | 75.7M | 72.8M | 74.5M | 74.2M | 73.3M | 72.3M | 71.8M |
| Current ratio | 2.34 | 7.52 | 3.96 | 3.71 | 3.83 | 3.56 | 3.61 | 8.35 | 8.18 | 7.34 | 7.24 | 9.11 |
| Quick ratio | 1.68 | 5.51 | 3.05 | 2.87 | 2.93 | 2.72 | 2.75 | 6.36 | 6.09 | 5.48 | 5.49 | 7.25 |
| Debt / equity | 0.24 | 0.27 | 0.42 | 0.41 | 0.42 | 0.44 | 0.46 | 0.43 | 0.44 | 0.46 | 0.47 | 0.51 |
| Equity / assets | 71.8% | 70.4% | 64.3% | 63.1% | 63.1% | 62.7% | 62.4% | 64.2% | 63.4% | 62.4% | 62.0% | 61.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed November 14, 2025); data from EODHD.
MTSI financial position
At the end of fiscal 2025 (September 30, 2025), MACOM Technology Solutions had total assets of $2.1 billion (up 19.8% from a year earlier), total liabilities of $776.3 million and shareholders' equity of $1.3 billion. It held $786.0 million in cash and short-term investments against $538.0 million of debt, a net cash position of $248.0 million. Its current ratio was 3.71. In the latest quarter (ended June 30, 2026) total assets were $2.1 billion and equity $1.5 billion.
Related: MTSI income statement, MTSI cash flow statement, MTSI key metrics. See the MTSI stock overview for the latest quote and news.
MTSI balance sheet FAQ
What are MACOM Technology Solutions's total assets?
MACOM Technology Solutions reported total assets of $2.1 billion at the end of fiscal 2025 (September 30, 2025), compared with $1.8 billion a year earlier.
How much debt does MACOM Technology Solutions have?
MACOM Technology Solutions had $538.0 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.41.
How much cash does MACOM Technology Solutions have?
MACOM Technology Solutions held $786.0 million in cash and short-term investments at the end of fiscal 2025; with $538.0 million of debt that is net cash of $248.0 million.
What is MACOM Technology Solutions's book value?
MACOM Technology Solutions's shareholders' equity (book value) was $1.3 billion at the end of fiscal 2025, or $17.94 per share.
What is MACOM Technology Solutions's current ratio?
MACOM Technology Solutions had current assets of $1.2 billion and current liabilities of $325.1 million, a current ratio of 3.71 (it can cover its short-term obligations).
How much goodwill does MACOM Technology Solutions have?
MACOM Technology Solutions carried $414.9 million of goodwill and intangible assets, 19.7% of total assets, at the end of fiscal 2025.