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
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
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
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
ROE
ROA
FCF
Total debt
Cash
Apr '26
$289M
$46M
56.9%
17.6%
3.3%
2.3%
$65M
$340M
$99M
Jan '26
$272M
$49M
55.9%
15.9%
3.6%
2.3%
$30M
$500M
$120M
Oct '25
$261M
$45M
54.5%
15.2%
3.4%
2.1%
$49M
$501M
$112M
Jul '25
$252M
$37M
55.3%
14.9%
2.9%
1.8%
$52M
$500M
$125M
Apr '25
$236M
$32M
55.2%
14.8%
2.6%
1.7%
$31M
$500M
$111M
Jan '25
$218M
-$168M
53.7%
8.0%
-14.6%
-9.1%
$61M
$499M
$233M
Sep '24
$201M
$29M
54.7%
13.7%
2.6%
1.7%
$57M
$448M
$147M
Jun '24
$190M
$20M
53.2%
10.4%
1.8%
1.2%
$42M
$448M
$117M
Mar '24
$181M
$15M
52.5%
8.5%
1.4%
0.9%
$13M
$448M
$115M
Dec '23
$157M
$13M
55.6%
7.0%
1.2%
0.8%
$28M
$447M
$164M
Sep '23
$150M
$24M
57.6%
10.4%
2.6%
1.6%
$45M
$447M
$174M
Jun '23
$149M
$12M
58.0%
11.7%
1.3%
0.7%
$43M
$567M
$122M
Mar '23
$169M
$26M
60.6%
21.2%
2.9%
1.6%
$26M
$567M
$137M
Dec '22
$180M
$30M
61.3%
21.4%
3.4%
1.9%
$29M
$566M
$126M
Sep '22
$178M
$239M
60.9%
20.8%
28.4%
15.2%
$52M
$566M
$120M
Jul '22
$172M
$32M
60.7%
20.9%
5.4%
2.4%
$34M
$566M
$132M
Apr '22
$165M
$30M
59.9%
19.7%
5.3%
2.3%
$35M
$565M
$128M
Dec '21
$160M
$139M
59.0%
17.0%
26.5%
11.0%
$29M
$565M
$273M
Oct '21
$155M
$17M
58.1%
16.9%
3.6%
1.5%
$36M
$492M
$157M
Jul '21
$153M
$15M
57.2%
15.5%
3.4%
1.4%
$39M
$488M
$144M
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.
The price-to-earnings ratio has risen from 12.3× (Mar '23) to 123.7× (Sep '25).
The price-to-sales ratio has risen from 8.0× (Mar '23) to 17.5× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
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?
MACOM Technology's P/E (TTM) is 70.42 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the MTSI stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 123.7× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.