Inferra AI / Company / MTSI
MACOM Technology Solutions
MTSI · Information Technology
Last earnings Aug 6, 2026
Key results
Revenuequarter
$252.1 million
Revenue was $252.1 million, an increase of 32.3%, compared to $190.5 million in the previous year fiscal third quarter and an increase of 6.9% compared to $235.9 million in the prior fiscal quarter
SEC original ↗MACOM Technology Solutions — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Gross marginquarter
55.3%
Gross margin was 55.3%, compared to 53.2% in the previous year fiscal third quarter and 55.2% in the prior fiscal quarter Income from operations was $37.7 million, or 14.9% of revenue, compared to income from operations of $19.7 million, or 10.4% of revenue
SEC original ↗MACOM Technology Solutions — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Net incomequarter
$36.5 million
Net income was $36.5 million, or $0.48 income per diluted share, compared to
SEC original ↗MACOM Technology Solutions — Earnings release (8-K exhibit)EX-99Aug 7, 2025
net income of $19.9 million, or $0.27 per diluted share, in the previous year fiscal third quarter and
SEC original ↗MACOM Technology Solutions — Earnings release (8-K exhibit)EX-99Aug 7, 2025
net income of $31.7 million, or $0.42 per diluted share, in the prior fiscal quarter.
SEC original ↗MACOM Technology Solutions — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Adjusted gross marginquarter
57.6%
Adjusted gross margin was 57.6%, compared to 57.5% in the previous year fiscal third quarter and 57.5% in the prior fiscal quarter Adjusted income from operations was $63.5 million, or 25.2% of revenue, compared to adjusted income from operations of $45.6 million, or 24.0% of revenue
SEC original ↗MACOM Technology Solutions — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Adjusted net incomequarter
$68.2 million
Adjusted net income was $68.2 million, or $0.90 per diluted share, compared to adjusted
SEC original ↗MACOM Technology Solutions — Earnings release (8-K exhibit)EX-99Aug 7, 2025
net income of $48.9 million, or $0.66 per diluted share, in the previous year fiscal third quarter and adjusted
SEC original ↗MACOM Technology Solutions — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Research and developmentquarter
$63,380 thousand
Research and development 63,380 57,837 47,531 181,586 132,566
SEC original ↗MACOM Technology Solutions — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Selling, general, and administrativequarter
$38,396 thousand
Selling, general and administrative 38,396 37,449 34,162 115,058 105,233
SEC original ↗MACOM Technology Solutions — Earnings release (8-K exhibit)EX-99Aug 7, 2025
AI analysis
Q3 2025 · reported Aug 7, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
The quarter in charts
Guidance ladder — revenue
Delivered vs the company's guided range
EX-99 · Aug 7, 2025 Guide as stated by the company; range and midpoint computed from the stated figure.
Headline figures
| Metric | Q3 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | $252.1 million | — | — |
| Gross margin | 55.3% | — | — |
| Net income | $36.5 million | — | — |
| Adjusted gross margin | 57.6% | — | — |
| Adjusted net income | $68.2 million | — | — |
| Research and development | $63,380 thousand | — | — |
| Selling, general, and administrative | $38,396 thousand | — | — |
Guidance · company-stated
“is expected to be between 56.0% and 58.0%”
“of 3%”
Guidance stated in the release's Business Outlook table; no direction stated — figures as stated in the table.
Margin
Capital allocation
This non-GAAP information excludes the effect, where applicable, of intangible amortization expense, share-based compensation expense, non-cash interest, net, acquisition and integration related costs, loss on debt extinguishment and the tax effect of each non-GAAP adjustment.
Loss on Debt Extinguishment includes the loss on exchange of our convertible notes.
What changed vs last quarter
- Guide midpoint vs latest-quarter revenue +1.5% computed from stated figures
Event summary
MACOM Reports Fiscal Third Quarter 2025 Financial Results
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
revenue: “revenue to be in the range of $256 million to $264 million”
gross margin: “gross margin is expected to be between 56.0% and 58.0%”
tax rate: “tax rate of 3%”
revenue (“Business Outlook”)
“revenue to be in the range of $256 million to $264 million”
gross margin (“Business Outlook”)
“gross margin is expected to be between 56.0% and 58.0%”
tax rate (“Business Outlook”)
“tax rate of 3%”
Guidance stated in the release's Business Outlook table; no direction stated — figures as stated in the table.
Capital allocation
This non-GAAP information excludes the effect, where applicable, of intangible amortization expense, share-based compensation expense, non-cash interest, net, acquisition and integration related costs, loss on debt extinguishment and the tax effect of each non-GAAP adjustment.
SEC original ↗MACOM Technology Solutions — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Loss on Debt Extinguishment includes the loss on exchange of our convertible notes.
SEC original ↗MACOM Technology Solutions — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Incremental Shares is the number of potential shares of common stock issuable upon the exercise of stock options, restricted stock, restricted stock units and conversion of convertible debt which were not included in the calculation of our GAAP diluted shares.
SEC original ↗MACOM Technology Solutions — Earnings release (8-K exhibit)EX-99Aug 7, 2025
In November 2024, the FASB issued ASU 2024-04, Debt - Debt with Conversion and Other Options (Subtopic 470-20) Induced Conversions of Convertible Debt Instruments , which clarifies the requirements for determining whether certain settlements of convertible debt instruments should be accounted for as an induced conversion.
SEC original ↗MACOM Technology Solutions — 10-Q Quarterly report10-QAug 6, 2026
We elected to early adopt ASU 2024-04 in the first fiscal quarter of 2025 and applied the amendment when assessing the accounting treatment for our debt extinguishment (discussed in Note 10 - Debt ).
SEC original ↗MACOM Technology Solutions — 10-Q Quarterly report10-QAug 6, 2026
Long-Term Investments On May 28, 2026, we completed an investment in IQE plc ( Investee ), which included entering into a Subscription Agreement to purchase newly-issued ordinary shares of Investee (representing approximately 12 % of Investee s issued and outstanding ordinary shares on the date of issuance), for 30.0 million ($ 40.4 million) ( Equity Investment ), a five-year Convertible Loan Note Agreement with a principal balance of 15.0 million ($ 20.2 million) ( Debt Investment , collectively, Long-Term Investments ) and long-term supply agreements.
SEC original ↗MACOM Technology Solutions — 10-Q Quarterly report10-QAug 6, 2026
Strategy & priorities
These forward-looking statements include, among others, statements about MACOM s strategic plans, priorities and long-term growth drivers, our ability to execute our long-term strategy, strengthen our position and drive market share gains and growth, our ability to develop new products, achieve market acceptance of those products and better address certain markets, expand our capabilities and extend our product offerings, including through the acquisitions of ENGIN-IC, Inc.
SEC original ↗MACOM Technology Solutions — Earnings release (8-K exhibit)EX-99Aug 7, 2025
We believe the exclusion of these items is useful in providing management a basis to evaluate ongoing operating activities and strategic decision making.
SEC original ↗MACOM Technology Solutions — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Risks & headwinds
We have not provided a reconciliation with respect to any forward-looking non-GAAP financial data presented because we do not have and cannot reliably estimate certain key inputs required to calculate the most comparable GAAP financial data, such as future acquisition costs, the possibility and impact of any litigation costs, changes in our GAAP effective tax rate and impairment charges.
SEC original ↗MACOM Technology Solutions — Earnings release (8-K exhibit)EX-99Aug 7, 2025
Legal Proceedings 31 Item 1A.
SEC original ↗MACOM Technology Solutions — 10-Q Quarterly report10-QAug 6, 2026
REVENUE Disaggregation of Revenue We disaggregate revenue from contracts with customers by markets and geography, as we believe it best depicts how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors.
SEC original ↗MACOM Technology Solutions — 10-Q Quarterly report10-QAug 6, 2026
COMMITMENTS AND CONTINGENCIES From time to time, we may be subject to commercial disputes, employment issues, claims by other companies in the industry that we have infringed their intellectual property rights and other similar claims and litigation.
SEC original ↗MACOM Technology Solutions — 10-Q Quarterly report10-QAug 6, 2026
Any such claims may lead to future litigation and material damages and defense costs.
SEC original ↗MACOM Technology Solutions — 10-Q Quarterly report10-QAug 6, 2026
We were not involved in any material pending legal proceedings duri ng the three and nine months ended July 3, 2026.
SEC original ↗MACOM Technology Solutions — 10-Q Quarterly report10-QAug 6, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
30 documents- Q2 2026
- 10-QMTSI
- 8-KMTSI
- Q1 2026
- 10-QMTSI
- 8-KMTSI
- Q4 2025
- 8-KMTSI
- 10-QMTSI
- 8-KMTSI
- 8-KMTSI
Jan 12, 2026
- Q3 2025
- 8-KMTSI
Nov 25, 2025
- 10-KMTSI
Nov 14, 2025
- 8-KMTSI
- Q2 2025
- 8-KMTSI
- 10-QMTSI
- 8-KMTSI
- Q1 2025
- 10-QMTSI
- 8-KMTSI
- Q4 2024
- 8-KMTSI
Mar 11, 2025
- 10-QMTSI
- 8-KMTSI
- Q3 2024
- 8-KMTSI
Dec 20, 2024
- 8-KMTSI
Dec 13, 2024
- 10-KMTSI
Nov 12, 2024
- 8-KMTSI
- Q2 2024
- 10-QMTSI
- 8-KMTSI
- Q1 2024
- 10-QMTSI
- 8-KMTSI
- Q4 2023
- 8-KMTSI
Mar 13, 2024
- 8-K/AMTSI
- 10-QMTSI
Earnings releases
11 documentsPresentations
0 documentsNo presentations for MACOM Technology Solutions are held in this edition of the library.
Transcripts
0 documentsNo transcripts for MACOM Technology Solutions are held in this edition of the library.
Mentioned by
1 companyOther tracked companies whose held documents mention MACOM Technology Solutions by name or ticker. A mention is counted once per document, from the document text the library holds.
“) per share - Diluted $ 0.64 $ 0.59 $ (2.30) Weighted average… …2,105,528 $ 2,103,360 MACOM TECHNOLOGY SOLUTIONS HOLDINGS, INC. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited and in thousands) Three Months Ended January 2, 202”
See also the earnings calendar for every tracked company’s next earnings date.