MACOM Technology Solutions Holdings, Inc. (MTSI) Income Statement
MTSI FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsMTSI revenue and net income
Where MTSI's revenue goes
FY2025Each bar shows an amount and its share of revenue. MTSI kept −5.6% of revenue as net income.
MTSI profit margins
MTSI growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +32.6% | +12.7% | +12.8% | +8.7% |
| Gross profit | +43.1% | +11.8% | +17.5% | +10.3% |
| Operating income | +54.6% | −0.8% | +95.6% | +18.7% |
| Net income | −170.5% | — | — | — |
| EPS (diluted) | +25.8% | +4.5% | +27.1% | +7.6% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MTSI quarterly EPS vs estimates
MACOM Technology Solutions beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 5, 2026 (estimate $1.68).
MTSI income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $967.3M | $729.6M | $648.4M | $675.2M | $606.9M | $530.0M | $499.7M | $570.4M | $698.8M | $544.3M |
| Cost of revenue | $435.8M | $358.2M | $286.3M | $294.6M | $296.0M | $292.7M | $323.9M | $372.8M | $371.9M | $282.9M |
| Gross profit | $531.4M | $371.4M | $362.1M | $380.6M | $310.9M | $237.3M | $175.8M | $197.6M | $326.9M | $261.5M |
| Research & development | $244.5M | $177.4M | $148.5M | $148.2M | $138.8M | $141.3M | $163.5M | $177.7M | $148.0M | $107.7M |
| Sales, general & admin | $154.9M | $137.9M | $129.9M | $125.3M | $122.0M | $124.3M | $108.2M | $109.9M | $150.1M | $145.4M |
| Total operating expenses | $401.8M | $287.5M | $245.6M | $247.9M | $229.9M | $232.8M | $271.7M | $287.6M | $335.9M | $224.1M |
| Operating income | $129.7M | $83.9M | $116.5M | $132.7M | $81.0M | $4.5M | −$95.8M | −$90.0M | −$16.1M | $37.4M |
| Interest income | $29.9M | $23.0M | $20.8M | $4.3M | $1.5M | — | — | — | — | $18.4M |
| Interest expense | $5.5M | $5.1M | $12.4M | $8.6M | $22.1M | $27.4M | $35.8M | $31.3M | $28.9M | $18.4M |
| Income before taxes | −$29.0M | $91.5M | $115.2M | $243.1M | $42.9M | −$41.6M | −$423.2M | −$155.2M | −$49.5M | −$21.6M |
| Income taxes | $25.2M | $14.7M | $23.6M | −$196.8M | $5.0M | $4.5M | −$39.4M | −$21.5M | $100.9M | −$18.0M |
| Net income | −$54.2M | $76.9M | $91.6M | $440.0M | $38.0M | −$46.1M | −$383.8M | −$140.0M | −$169.5M | $1.4M |
| EBITDA | $39.8M | $163.9M | $179.7M | $304.6M | $133.5M | $64.6M | −$282.9M | −$11.5M | −$11.0M | $67.4M |
| EPS (diluted) | $3.22 | $2.56 | $2.70 | $2.82 | $2.15 | $0.97 | −$0.39 | $0.52 | $2.33 | $1.91 |
| Gross margin | 54.9% | 50.9% | 55.8% | 56.4% | 51.2% | 44.8% | 35.2% | 34.6% | 46.8% | 48.0% |
| Operating margin | 13.4% | 11.5% | 18.0% | 19.7% | 13.3% | 0.9% | −19.2% | −15.8% | −2.3% | 6.9% |
| Net margin | −5.6% | 10.5% | 14.1% | 65.2% | 6.3% | −8.7% | −76.8% | −24.5% | −24.3% | 0.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $342.2M | $289.0M | $271.6M | $261.2M | $252.1M | $235.9M | $218.1M | $200.7M | $190.5M | $181.2M | $157.1M | $150.4M |
| Cost of revenue | $142.7M | $124.5M | $119.8M | $118.5M | $116.7M | $109.8M | $106.3M | $90.9M | $94.8M | $91.2M | $75.7M | $63.7M |
| Gross profit | $199.6M | $164.4M | $151.8M | $142.6M | $135.4M | $126.1M | $111.8M | $109.8M | $95.7M | $90.0M | $81.5M | $86.6M |
| Research & development | $74.3M | $69.0M | $66.5M | $62.9M | $61.1M | $55.6M | $58.3M | $49.6M | $46.2M | $44.6M | $38.4M | $37.5M |
| Sales, general & admin | $48.1M | $44.6M | $42.0M | $39.8M | $38.4M | $37.4M | $39.2M | $32.7M | $34.2M | $34.2M | $36.9M | $33.5M |
| Total operating expenses | $122.4M | $113.6M | $108.5M | $103.0M | $97.8M | $91.2M | $87.1M | $82.3M | $76.0M | $74.3M | $70.5M | $71.0M |
| Operating income | $77.1M | $50.8M | $43.3M | $39.6M | $37.7M | $34.9M | $24.7M | $27.5M | $19.7M | $15.7M | $11.0M | $15.6M |
| Interest income | $6.7M | $7.8M | $8.0M | $8.0M | $7.6M | $7.2M | $7.0M | $6.2M | $5.8M | $5.4M | $5.6M | — |
| Interest expense | $1.5M | $1.7M | $1.7M | $1.8M | $1.2M | $1.2M | $1.4M | $1.3M | $1.3M | $1.3M | $1.3M | $2.2M |
| Income before taxes | $123.8M | $56.9M | $49.6M | $55.9M | $44.1M | $40.9M | −$169.9M | $32.5M | $24.2M | $19.5M | $15.3M | $19.0M |
| Income taxes | $23.1M | $10.6M | $822,000 | $10.8M | $7.5M | $9.3M | −$2.4M | $3.1M | $4.3M | $4.5M | $2.8M | −$5.5M |
| Net income | $100.7M | $46.3M | $48.8M | $45.1M | $36.5M | $31.7M | −$167.5M | $29.4M | $19.9M | $15.0M | $12.5M | $24.4M |
| EBITDA | $141.0M | $74.2M | $66.7M | $75.3M | $60.1M | $56.9M | −$152.6M | $51.6M | $43.5M | $38.0M | $30.9M | $34.9M |
| EPS (diluted) | $1.08 | $1.09 | $1.02 | $0.94 | $0.64 | $0.85 | $0.79 | $0.73 | $0.66 | $0.59 | $0.58 | $0.56 |
| Gross margin | 58.3% | 56.9% | 55.9% | 54.6% | 53.7% | 53.5% | 51.2% | 54.7% | 50.3% | 49.7% | 51.8% | 57.6% |
| Operating margin | 22.5% | 17.6% | 15.9% | 15.2% | 14.9% | 14.8% | 11.3% | 13.7% | 10.4% | 8.7% | 7.0% | 10.4% |
| Net margin | 29.4% | 16.0% | 18.0% | 17.3% | 14.5% | 13.4% | −76.8% | 14.7% | 10.5% | 8.3% | 8.0% | 16.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MTSI's financial statements (latest annual report filed November 14, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MTSI financial results
In fiscal year 2025 (ended September 30, 2025), MACOM Technology Solutions reported revenue of $967.3 million, up 32.6% from the year before. It had a net loss of $54.2 million, a net profit margin of −5.6%. Diluted earnings per share came to $3.22. Over five years revenue grew at an average rate of 12.8% a year.
See the MTSI stock overview for the latest quote and news, or the MTSI chart for price history and technical indicators.
MTSI income statement FAQ
What is MACOM Technology Solutions's annual revenue?
MACOM Technology Solutions reported total revenue of $967.3 million for fiscal year 2025, which ended on September 30, 2025. That was up 32.6% from $729.6 million the previous year.
Is MACOM Technology Solutions profitable?
No. MACOM Technology Solutions reported a net loss of $54.2 million in fiscal 2025, a net profit margin of −5.6%; its operating margin was 13.4%.
What is MACOM Technology Solutions's gross margin?
MACOM Technology Solutions's gross margin was 54.9% in fiscal 2025: for every $100 of revenue, MACOM Technology Solutions kept $55 after the direct cost of its products and services.
How much does MACOM Technology Solutions spend on research and development?
MACOM Technology Solutions spent $244.5 million on research and development in fiscal 2025, 25.3% of revenue.
How fast is MACOM Technology Solutions growing?
Revenue grew 12.8% a year on average over the last five fiscal years, from $530.0 million to $967.3 million.
What are MACOM Technology Solutions's earnings per share?
MACOM Technology Solutions earned $3.22 per diluted share in fiscal 2025, compared with $2.56 a year earlier.
When will MACOM Technology Solutions report its next earnings?
MACOM Technology Solutions is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens.
When does MACOM Technology Solutions's fiscal year end?
MACOM Technology Solutions's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on November 14, 2025.