MACOM Technology Solutions (MTSI) financial statements: income statement, balance sheet and cash flow

MACOM Technology Solutions's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Oct 3, 2025 · FY), MACOM Technology Solutions reported revenue of $967.3M (+32.6% year on year).

Income statement

MACOM Technology Solutions income statement, fiscal years

Line item	Oct 3, 2025 · FY	Sep 27, 2024 · FY	Sep 29, 2023 · FY	Sep 30, 2022 · FY
Revenue	$967.3M	$729.6M	$648.4M	$675.2M
Cost of revenue	$438.3M	$335.8M	$262.6M	$269.0M
Gross profit	$529.0M	$393.8M	$385.8M	$406.2M
Research and development	$244.5M	$182.2M	$148.5M	$148.2M
Selling, general and administrative	$154.9M	$137.9M	$129.9M	$125.3M
Total operating expenses	$399.4M	$320.1M	$278.4M	$273.5M
Income from operations	$129.7M	$73.7M	$107.4M	$132.7M
Interest income	$29.9M	$23.0M	$20.8M	—
Interest expense	($5.5M)	($5.1M)	($12.4M)	—
Gain (Loss) on Extinguishment of Debt	($193.1M)	—	—	—
Gain on acquired assets and other income (expense), net	$10.1M	$10.0K	($665.0K)	$114.7M
Total other (expense) income, net	($158.7M)	$17.9M	$7.8M	$110.4M
(Loss) income before income taxes	($29.0M)	$91.5M	$115.2M	$243.1M
Income tax expense	$25.2M	$14.7M	$23.6M	($196.8M)
Net (loss) income	($54.2M)	$76.9M	$91.6M	$440.0M
Income (loss) per share-basic (in USD per share)	-$0.73	$1.07	$1.29	$6.30
Income (loss) per share-diluted (in USD per share)	-$0.73	$1.04	$1.28	$6.18
Basic (in shares)	74.0M	72.0M	70.8M	69.8M
Diluted (in shares)	74.0M	73.6M	71.5M	71.2M

MACOM Technology Solutions income statement, quarters

Line item	Jul 3, 2026 · Q3	Apr 3, 2026 · Q2	Jan 2, 2026 · Q1	Jul 4, 2025 · Q3
Revenue	$342.2M	$289.0M	$271.6M	$252.1M
Cost of revenue	$142.7M	$124.5M	$119.8M	$112.6M
Gross profit	$199.6M	$164.4M	$151.8M	$139.4M
Research and development	$74.3M	$69.0M	$66.5M	$63.4M
Selling, general and administrative	$48.1M	$44.6M	$42.0M	$38.4M
Total operating expenses	$122.4M	$113.6M	$108.5M	$101.8M
Income from operations	$77.1M	$50.8M	$43.3M	$37.7M
Interest income	$6.7M	$7.8M	$8.0M	$7.6M
Interest expense	($1.5M)	($1.7M)	($1.7M)	($1.2M)
Debt and Equity Securities, Unrealized Gain (Loss)	$41.5M	—	—	—
Loss on extinguishment of debt	$0	$0	$0	$0
Total other income (expense)	$46.7M	$6.1M	$6.3M	$6.4M
Income (loss) before income taxes	$123.8M	$56.9M	$49.6M	$44.1M
Income tax expense	$23.1M	$10.6M	$822.0K	$7.5M
Net income (loss)	$100.7M	$46.3M	$48.8M	$36.5M
Income (loss) per share - Basic (usd per share)	$1.32	$0.62	$0.65	$0.49
Income (loss) per share - Diluted (usd per share)	$1.28	$0.60	$0.64	$0.48
Basic (in shares)	76.3M	75.3M	74.8M	74.4M
Diluted (in shares)	78.4M	77.6M	76.7M	75.9M

Balance sheet

MACOM Technology Solutions balance sheet, fiscal years

Line item	Oct 3, 2025 · FY	Sep 27, 2024 · FY	Sep 29, 2023 · FY	Sep 30, 2022 · FY
Cash and cash equivalents	$112.1M	$146.8M	$174.0M	$120.0M
Short-term investments	$673.8M	$435.1M	$340.6M	$466.6M
Accounts receivable, net	$148.6M	$105.7M	$91.3M	$101.6M
Inventories	$237.8M	$194.5M	$136.3M	$115.0M
Prepaid and other current assets	$32.6M	$21.0M	$19.1M	$10.0M
Total current assets	$1.2B	$903.1M	$761.2M	$813.1M
Property and equipment, net	$230.3M	$176.0M	$149.5M	$123.7M
Goodwill	$336.3M	$332.2M	$323.4M	$311.4M
Intangible assets, net	$78.6M	$76.1M	$67.0M	$51.3M
Deferred income taxes	$208.0M	$212.5M	$218.1M	$237.4M
Other long-term assets	$45.1M	$55.8M	$34.1M	$32.4M
Total assets	$2.1B	$1.8B	$1.6B	$1.6B
Short-term debt	$160.9M	—	—	—
Accounts payable	$67.6M	$43.2M	$25.0M	$30.7M
Accrued liabilities	$96.0M	$64.3M	$57.4M	$65.5M
Current portion of finance lease obligations	$626.0K	$646.0K	$1.2M	$1.0M
Total current liabilities	$325.1M	$108.2M	$83.5M	$97.2M
Finance lease obligations, less current portion	$30.5M	$31.1M	$31.8M	$27.0M
Financing obligation	$37.0M	$9.0M	$9.3M	$9.5M
Long-term debt	$339.6M	$448.3M	$447.1M	$565.9M
Other long-term liabilities	$44.0M	$32.7M	$33.9M	$29.4M
Total liabilities	$776.3M	$629.3M	$605.6M	$729.1M
Preferred Stock, Value, Issued	$0	$0	$0	$0
Common Stock, Value, Issued	$74.0K	$72.0K	$71.0K	$70.0K
Treasury Stock, Value	($330.0K)	($330.0K)	($330.0K)	($330.0K)
Accumulated other comprehensive income	$5.0M	$2.5M	($3.6M)	($5.9M)
Additional paid-in capital	$1.6B	$1.3B	$1.2B	$1.2B
Accumulated deficit	($240.1M)	($185.8M)	($262.7M)	($354.3M)
Total stockholders' equity	$1.3B	$1.1B	$947.6M	$842.7M
Total liabilities and stockholders' equity	$2.1B	$1.8B	$1.6B	$1.6B

MACOM Technology Solutions balance sheet, quarters

Line item	Jul 3, 2026	Apr 3, 2026	Jan 2, 2026	Jul 4, 2025
Cash and cash equivalents	$89.6M	$98.5M	$119.6M	$125.5M
Short-term investments	$573.4M	$566.3M	$648.8M	$609.8M
Accounts receivable, net	$179.1M	$159.6M	$160.1M	$129.5M
Inventories	$281.5M	$252.2M	$238.9M	$215.4M
Prepaid and other current assets	$48.6M	$49.4M	$38.6M	$47.2M
Total current assets	$1.2B	$1.1B	$1.2B	$1.1B
Property and equipment, net	$246.3M	$235.0M	$234.7M	$209.0M
Goodwill	$335.4M	$335.6M	$335.7M	$336.4M
Intangible assets, net	$61.5M	$67.4M	$72.8M	$75.4M
Deferred income taxes	$182.0M	$202.0M	$207.8M	$211.3M
Long-Term Investments	$102.1M	—	—	—
Other long-term assets	$47.1M	$48.6M	$48.5M	$43.8M
Total assets	$2.1B	$2.0B	$2.1B	$2.0B
Short-term debt	$340.5M	$0	$160.6M	$160.8M
Accounts payable	$72.8M	$62.1M	$63.8M	$60.6M
Accrued liabilities	$87.5M	$86.9M	$79.6M	$72.5M
Finance lease liabilities	$687.0K	$668.0K	$648.0K	$693.0K
Total current liabilities	$501.5M	$149.7M	$304.5M	$294.6M
Finance lease liabilities	$30.0M	$30.2M	$30.3M	$30.7M
Financing obligation	$36.6M	$36.7M	$36.9M	$37.1M
Long-term debt	$0	$340.2M	$339.9M	$339.4M
Other long-term liabilities	$38.0M	$40.1M	$40.8M	$38.1M
Total liabilities	$606.0M	$596.8M	$752.4M	$739.9M
Common stock	$76.0K	$76.0K	$75.0K	$74.0K
Treasury stock, at cost	($330.0K)	($330.0K)	($330.0K)	($330.0K)
Accumulated other comprehensive income	$1.1M	$2.1M	$4.6M	$3.8M
Additional paid-in capital	$1.6B	$1.6B	$1.5B	$1.5B
Accumulated deficit	($44.3M)	($145.0M)	($191.3M)	($285.2M)
Total stockholders’ equity	$1.5B	$1.4B	$1.4B	$1.3B
Total liabilities and stockholders’ equity	$2.1B	$2.0B	$2.1B	$2.0B

Cash flow statement

MACOM Technology Solutions cash flow statement, fiscal years

Line item	Oct 3, 2025 · FY	Sep 27, 2024 · FY	Sep 29, 2023 · FY	Sep 30, 2022 · FY
Net (loss) income	($54.2M)	$76.9M	$91.6M	$440.0M
Depreciation and intangible amortization	$63.3M	$67.2M	$52.2M	$57.2M
Share-based compensation	$79.4M	$45.6M	$38.1M	$41.2M
Deferred financing costs amortization and write-offs	$1.4M	$1.1M	$2.0M	$1.7M
Gain (Loss) on Extinguishment of Debt	$193.1M	—	—	—
Deferred income taxes	$2.6M	$4.9M	$19.8M	($200.4M)
Amortization on marketable securities, net	$5.5M	$7.6M	$11.8M	—
Gain on acquired assets	($10.1M)	—	—	—
Other adjustments, net	$3.1M	$5.4M	$2.9M	($1.0M)
Accounts receivable	($42.0M)	($16.8M)	$12.3M	($17.0M)
Inventories	($26.6M)	($30.2M)	($10.6M)	($32.3M)
Prepaid expenses and other assets	($6.8M)	$3.4M	($928.0K)	$5.6M
Accounts payable	$22.2M	$18.2M	($6.7M)	$2.4M
Accrued and other liabilities	$11.8M	($7.3M)	($21.3M)	($5.6M)
Income taxes	$3.5M	$1.7M	($476.0K)	$243.0K
Net cash provided by operating activities	$235.4M	$162.6M	$166.9M	$177.0M
Acquisition of businesses, net of cash acquired	($12.7M)	($72.6M)	($87.7M)	—
Purchases of property and equipment	($42.6M)	($22.4M)	($24.7M)	($26.5M)
Proceeds from sale of property and equipment	$0	$0	$8.0M	$23.0K
Purchase of property under financing arrangement	($28.8M)	—	—	—
Payments for Software	($10.9M)	—	—	—
Other investing	($1.2M)	($4.3M)	—	—
Proceeds from sales and maturities of short-term investments	$360.2M	$344.8M	$515.8M	$244.6M
Purchases of short-term investments	($592.4M)	($426.6M)	($375.1M)	($528.8M)
Net cash (used in) provided by investing activities	($328.3M)	($181.1M)	$36.3M	($182.9M)
Proceeds from convertible notes	$86.6M	—	$0	$0
Proceeds from financing arrangement	$28.8M	—	—	—
Payments for fee on convertible note exchange and debt issuance costs	($23.2M)	—	$0	$0
Payments on long-term debt	$0	$0	($120.8M)	$0
Payments for finance leases and other financing obligations	($1.3M)	($1.4M)	($1.2M)	—
Proceeds from stock option exercises and employee stock purchases	10.3M	6.6M	5.6M	8.1M
Common stock withheld for taxes on employee equity awards	($43.1M)	($14.2M)	($32.6M)	($36.0M)
Net cash provided by (used in) financing activities	$58.1M	($9.1M)	($149.0M)	($28.9M)
Foreign currency effect on cash	$132.0K	$411.0K	($238.0K)	($1.8M)
NET CHANGE IN CASH AND CASH EQUIVALENTS	($34.7M)	($27.1M)	$54.0M	($36.6M)
CASH AND CASH EQUIVALENTS — Beginning of year	$146.8M	$174.0M	$120.0M	$156.5M
CASH AND CASH EQUIVALENTS — End of year	$112.1M	$146.8M	$174.0M	$120.0M

MACOM Technology Solutions cash flow statement, quarters

Line item	Jul 3, 2026 · YTD	Apr 3, 2026 · YTD	Jan 2, 2026 · Q1	Jul 4, 2025 · YTD
Net income	$195.8M	$95.1M	$48.8M	($99.3M)
Depreciation and intangibles amortization	$46.7M	$31.0M	$15.4M	$45.6M
Share-based compensation	$65.9M	$44.8M	$22.1M	$61.6M
Deferred income taxes	$26.9M	$6.6M	$142.0K	$53.0K
Debt and Equity Securities, Unrealized Gain (Loss)	($41.5M)	—	—	—
Loss on extinguishment of debt	$0	$0	$0	$193.1M
Amortization on marketable securities, net	$1.4M	$1.3M	$863.0K	$4.5M
Other adjustments, net	($1.2M)	($703.0K)	$66.0K	$3.5M
Accounts receivable	($30.5M)	($11.0M)	($11.4M)	($22.8M)
Inventories	($43.8M)	($14.4M)	($1.1M)	($20.6M)
Prepaid expenses and other assets	($6.7M)	($10.9M)	($3.3M)	($6.8M)
Accounts payable	$4.0M	($5.4M)	($5.1M)	$16.5M
Accrued and other liabilities	($10.1M)	($9.1M)	($19.0M)	($4.8M)
Income taxes	($2.5M)	($3.3M)	($2.8M)	$4.3M
Net cash provided by operating activities	$201.6M	$121.6M	$42.9M	$165.7M
Purchases of property and equipment	($46.9M)	($26.1M)	($12.9M)	($22.3M)
Purchases of software licenses and licensed technology	($8.9M)	($7.4M)	($4.3M)	—
Proceeds from sales and maturities of short-term investments	$208.2M	$176.1M	$71.4M	$279.6M
Purchases of short-term investments	($110.8M)	($70.5M)	($45.7M)	($450.9M)
Purchases of long-term investments	($60.6M)	—	—	—
Other investing	$2.5M	$1.5M	$315.0K	($11.0M)
Purchase of property under financing arrangement	$0	—	—	($28.8M)
Acquisition of business, net of cash acquired	$0	$0	$0	($12.7M)
Net cash used in investing activities	($16.4M)	$73.5M	$8.8M	($246.1M)
Proceeds from financing arrangement	($161.2M)	($161.2M)	—	—
Payments on finance leases and other financing activities	($2.3M)	($1.3M)	($1.0M)	($942.0K)
Proceeds from employee stock purchases	11.5M	5.2M	5.2M	10.2M
Common stock withheld for taxes on employee equity awards	($55.6M)	($51.5M)	$0	($23.2M)
Proceeds from convertible notes	$0	$0	$0	$86.6M
Proceeds from financing arrangement	$0	$0	($486.0K)	$28.8M
Payments for fee on convertible note exchange and debt issuance costs	$0	—	—	—
Net cash (used in) provided by financing activities	($207.5M)	($208.7M)	($44.2M)	$58.8M
Foreign currency effect on cash	($151.0K)	($26.0K)	$8.0K	$263.0K
NET CHANGE IN CASH AND CASH EQUIVALENTS	($22.5M)	($13.6M)	$7.5M	($21.3M)
CASH AND CASH EQUIVALENTS — Beginning of period	$112.1M	$112.1M	$112.1M	$146.8M
CASH AND CASH EQUIVALENTS — End of period	$89.6M	$98.5M	$119.6M	$125.5M

MACOM Technology Solutions score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.