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MTSI Financials MACOM Technology

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 12.8% per year over the past 5 years.
  • Operating margin has expanded, at 13.4% in the latest year.
  • Free cash flow has grown 4.6% per year over the past 5 years.

Financial health

  • Total debt ($501M) exceeds cash ($112M); net debt is $388M.
  • Total debt has grown slower than revenue (-5.4% vs 12.8% per year).
  • Operating income covered interest expense 24× in the latest year.
  • Total debt is 2.6× EBITDA.
Revenue & net income
-$384M $292M $967M $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-77% -6% 65% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-122% -35% 52% 0% 2011 2013 2015 2017 2019 2021 2023 2025
ROEROA
Free cash flow (CFO − capex)
-$17M $88M $193M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $334M $668M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$338M -$18M $302M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $967M -$54M 54.7% 13.4% -4.1% -2.6% $193M $501M $112M
2024 $730M $77M 54.0% 10.1% 6.8% 4.4% $140M $448M $147M
2023 $648M $92M 59.5% 16.6% 9.7% 5.9% $142M $447M $174M
2022 $675M $440M 60.2% 19.7% 52.2% 28.0% $150M $566M $120M
2021 $607M $38M 56.3% 13.3% 8.0% 3.3% $130M $492M $157M
2020 $530M -$46M 51.0% 0.6% -15.4% -4.0% $154M $659M $129M
2019 $500M -$384M 44.2% -76.1% -122.3% -34.7% -$17M $662M $76M
2018 $570M -$140M 43.1% -18.7% -20.9% -9.4% -$17M $665M $95M
2017 $699M -$169M 46.8% -2.3% -21.8% -10.4% $28M $668M $130M
2016 $1M 0.3% 0.1% $48M $580M $333M
2015 $49M 11.4% 5.6% -$5M $339M $122M
2014 -$15M -6.7% -2.2% $8M $347M $174M
2013 $18M 7.4% 5.7% $17M $110M
2012 $302M -$4M 44.4% 17.8% -1.7% -1.3% $15M $85M
2011 $310M -$1M 42.5% 14.8% 0.7% -0.5% $23M $46M

Valuation over time

How the market has priced MTSI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 71.2 142.4 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 15.0 30.0 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S

Frequently asked questions

Is MTSI growing its revenue and profit?

Over the past 5 years, MACOM Technology's revenue has grown 12.8% per year. These are computed facts, not advice.

How much debt does MTSI have?

As of FY2025, MACOM Technology reported $501M of total debt against $112M of cash; operating income covered interest expense 24×.

What is MTSI's profit margin?

In FY2025, gross margin was 54.7%, operating margin 13.4%, and net margin -5.6%.

What is MTSI's P/E ratio?

As of Sep '26, MACOM Technology traded at a price-to-earnings ratio of about 123.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.