MTSI
MACOM Technology Solutions Holdings, Inc.175.69
+0.40+0.23%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q1 '26
Q&A fleshes FY26 growth details
Q&A detailed FY26 growth at ~20%, with data center's 35-40% pinned on 1.6T ramps, healthy backlog, and H2 acceleration. CW lasers passed electrical quals with two module makers; LPO now in production phases at three hyperscalers. NXP's RF power exit offers telecom share gains over 1-2 years, but telecom growth stays high single/low double-digit after 40% last year. No buybacks planned after March debt retirement. Management dodged SATCOM sizing. Data center mix won't dent gross margin gains. Watch 1.6T execution.
Key Stats
Market Cap
13.16BP/E (TTM)
-Basic EPS (TTM)
-0.74Dividend Yield
0%Recent Filings
8-K
Annual meeting votes passed
MACOM held its 2026 Annual Meeting on March 5, electing eight directors including Charles Bland and Stephen Daly, with votes for ranging 63M-69M amid 1.4M-6.6M withheld. Shareholders approved executive pay on advisory basis (69.3M for) and ratified Deloitte as auditors (71.7M for). Governance continuity locked in.
8-K
MACOM Q1 revenue surges 24.5%
MACOM reported Q1 FY2026 revenue of $271.6 million, up 24.5% year-over-year and 4.0% sequentially, with GAAP gross margin at 55.9% and net income of $48.8 million. Adjusted operating margin hit 27.2%. Revenue beat last year handily. Q2 guidance calls for $281-289 million and adjusted EPS of $1.05-1.09.
10-Q
Q1 FY2026 results
MACOM crushed Q1 FY2026 with revenue up 24.5% y/y to $271.6M, fueled by Industrial & Defense (+20.9%), Data Center (+31.4%), and Telecom (+22.9%); gross margin expanded to 55.9% from 53.7%. Operating income soared to $43.3M from $17.5M, driving diluted EPS of $0.64 (reconciles to 76.7M shares). Cash from operations hit $42.9M, less $12.9M capex for FCF of $30.0M (derived); quarter-end cash equivalents stood at $119.6M, short-term investments $648.8M, with $160.6M short-term debt due March 2026 and $344.3M long-term notes due 2029. Closed ENGIN-IC acquisition in Nov 2024 for $14.4M (mostly cash), adding $9.7M intangibles and $5.1M goodwill. Supply chain disruptions loom large.
8-K
MACOM adds Ingram to board
MACOM appointed Bryan Ingram as independent director effective January 12, 2026, filling the seat until the 2026 annual meeting. Ingram brings semiconductor expertise from leading Broadcom and Avago's multi-billion-dollar wireless divisions, plus supply chain and financial acumen. Ingram adds depth. CEO Daly expects his scaling experience to aid growth strategy execution.
8-K
MACOM names COO
MACOM promoted internal veteran Robert Dennehy to Senior Vice President and Chief Operating Officer, effective November 25, 2025. With over a decade in operations leadership, he steps up as growth swells operational complexity. New COO role gets $525,000 base, 90% target bonus, and $900,000 in equity grants. Growth demands it.
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