MTSI financial statements

The full income statement, balance sheet, and cash-flow statement for MACOM Technology Solutions Holdings Inc. (MTSI), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 72.2M2024-09 72.4M2025-01 74.3M2025-04 74.4M2025-07 74.5M2025-10 74.9M2026-01 75.0M2026-04 76.3M2026-07 76.4M+5.8% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofOct 3 ’25	as ofSep 27 ’24	as ofSep 29 ’23	as ofSep 30 ’22	as ofOct 1 ’21
Revenue	967M YoY+32.6%	730M YoY+12.5%	648M YoY-4.0%	675M YoY+11.2%	607M YoY+14.5%
	529M YoY+34.3%	394M YoY+2.1%	386M YoY-5.0%	406M YoY+18.8%	342M YoY+26.5%
Cost of revenue	438M YoY+30.5%	336M YoY+27.9%	263M YoY-2.4%	269M YoY+1.5%	265M YoY+2.0%
	399M YoY+24.8%	320M YoY+15.0%	278M YoY+1.8%	274M YoY+4.9%	261M YoY-2.2%
Research & development	244M YoY+34.2%	182M YoY+22.6%	149M YoY+0.2%	148M YoY+6.8%	139M YoY-1.8%
Selling, general & administrative	155M YoY+12.3%	138M YoY+6.2%	130M YoY+3.7%	125M YoY+2.7%	122M YoY-1.8%
Restructuring	—	—	—	0.00	0.00 YoY-100.0%
Amortization of intangibles	31.8M YoY-14.6%	37.2M YoY+32.2%	28.1M YoY-15.9%	33.4M YoY-27.7%	46.2M YoY-8.2%
Provision for credit losses	1.95M YoY-63.8%	5.40M YoY+50.1%	3.60M YoY-49.3%	7.10M YoY-56.2%	16.2M YoY+50.5%
Operating income	130M YoY+76.0%	73.7M YoY-31.4%	107M YoY-19.0%	133M YoY+63.8%	81.0M YoY+2290.9%
Interest expense	5.52M YoY+7.4%	5.14M YoY-58.5%	12.4M YoY+44.8%	8.55M YoY-61.2%	22.1M YoY-19.4%
Interest & investment income	29.9M YoY+30.0%	23.0M YoY+10.6%	20.8M YoY+383.7%	4.30M YoY+186.7%	1.50M
Other non-operating income	10.1M YoY+100740.0%	10.0K YoY+101.5%	-665K YoY-100.6%	115M YoY+1911.6%	-6.33M YoY-37.0%
Equity-method income	—	0.00	0.00 YoY-100.0%	115M YoY+4881.9%	-2.40M YoY+59.0%
Pre-tax income	-29.0M YoY-131.7%	91.5M YoY-20.5%	115M YoY-52.6%	243M YoY+466.1%	42.9M YoY+203.3%
Income tax	25.2M YoY+71.7%	14.7M YoY-37.8%	23.6M YoY+112.0%	-197M YoY-4058.9%	4.97M YoY+10.1%
	-54.2M YoY-170.5%	76.9M YoY-16.1%	91.6M YoY-79.2%	440M YoY+1058.6%	38.0M YoY+182.4%
Net income to common	-54.2M YoY-170.5%	76.9M YoY-16.1%	91.6M YoY-79.2%	440M YoY+1058.6%	38.0M YoY+182.4%
	-$0.73 YoY-170.2%	$1.04 YoY-18.8%	$1.28 YoY-79.3%	$6.18 YoY+1044.4%	$0.54 YoY+178.3%
EPS (basic)	-$0.73 YoY-168.2%	$1.07 YoY-17.1%	$1.29 YoY-79.5%	$6.30 YoY+1045.5%	$0.55 YoY+179.7%
	74.0M YoY+2.8%	72.0M YoY+1.6%	70.8M YoY+1.5%	69.8M YoY+1.9%	68.4M YoY+2.8%
	74.0M YoY+0.6%	73.6M YoY+2.9%	71.5M YoY+0.5%	71.2M YoY+1.0%	70.5M YoY+5.8%
Balance Sheet	as ofOct 3 ’25	as ofSep 27 ’24	as ofSep 29 ’23	as ofSep 30 ’22	as ofOct 1 ’21
	1.21B YoY+33.4%	903M YoY+18.6%	761M YoY-6.4%	813M YoY+55.9%	522M YoY+8.3%
Cash & equivalents	112M YoY-23.6%	147M YoY-15.6%	174M YoY+45.0%	120M YoY-23.4%	157M YoY+20.9%
Short-term investments	674M YoY+54.9%	435M YoY+27.7%	341M YoY-27.0%	467M YoY+147.7%	188M YoY-7.5%
Accounts receivable	149M YoY+40.6%	106M YoY+15.8%	91.3M YoY-10.1%	102M YoY+20.1%	84.6M YoY+84.3%
Inventory	238M YoY+22.3%	194M YoY+42.7%	136M YoY+18.6%	115M YoY+39.0%	82.7M YoY-9.7%
Prepaid expenses	32.6M YoY+55.3%	21.0M YoY+9.9%	19.1M YoY+90.4%	10.0M YoY+7.2%	9.37M YoY-14.1%
	2.10B YoY+19.8%	1.76B YoY+13.0%	1.55B YoY-1.2%	1.57B YoY+38.6%	1.13B YoY-1.1%
Property, plant & equipment	230M YoY+30.8%	176M YoY+17.7%	149M YoY+20.9%	124M YoY+2.6%	121M YoY+1.4%
Operating lease right-of-use	31.9M YoY+8.9%	29.3M YoY+14.5%	25.6M YoY+0.2%	25.5M YoY-14.8%	29.9M YoY-10.1%
Goodwill	336M YoY+1.2%	332M YoY+2.7%	323M YoY+3.8%	311M YoY-0.9%	314M YoY-0.2%
Intangible assets	78.6M YoY+3.3%	76.1M YoY+13.6%	67.0M YoY+30.7%	51.3M YoY-39.5%	84.7M YoY-35.3%
Long-term investments	0.00	—	—	—	—
Deferred tax assets	208M YoY-2.1%	212M YoY-2.6%	218M YoY-8.1%	237M YoY+500.8%	39.5M YoY-5.8%
Other non-current assets	45.1M YoY-19.1%	55.8M YoY+63.7%	34.1M YoY-2.5%	34.9M YoY-8.8%	38.3M YoY-5.3%
	325M YoY+200.5%	108M YoY+29.5%	83.5M YoY-14.1%	97.2M YoY+4.5%	93.0M YoY-2.0%
Accounts payable	67.6M YoY+56.4%	43.2M YoY+73.0%	25.0M YoY-18.8%	30.7M YoY+7.0%	28.7M YoY+24.6%
Accrued liabilities	96.0M YoY+49.2%	64.3M YoY+12.1%	57.4M YoY-12.3%	65.5M YoY+3.3%	63.4M YoY-0.4%
Short-term & current debt	161M	0.00	—	0.00	—
Current lease liability	6.28M YoY-18.7%	7.73M YoY+6.5%	7.26M YoY+12.1%	6.48M YoY-13.2%	7.46M YoY-1.9%
Finance lease liability (current)	626K YoY-3.1%	646K YoY-44.4%	1.16M YoY+15.5%	1.01M YoY+5.0%	958K YoY-30.0%
	776M YoY+23.4%	629M YoY+3.9%	606M YoY-16.9%	729M YoY+10.1%	662M YoY-21.7%
Long-term debt	340M YoY-24.2%	448M YoY+0.3%	447M YoY-21.0%	566M YoY+15.0%	492M YoY-24.5%
Deferred revenue (non-current)	—	—	—	0.00 YoY-100.0%	900K YoY-74.3%
Non-current lease liability	28.4M YoY+17.7%	24.2M YoY+6.2%	22.8M YoY-5.6%	24.1M YoY-15.7%	28.6M YoY-10.1%
Operating lease liability (total)	34.7M YoY+8.9%	31.9M YoY+6.3%	30.0M YoY-1.9%	30.6M YoY-15.2%	36.1M YoY-8.6%
Finance lease liability (total)	31.1M YoY-2.0%	31.8M YoY-3.5%	32.9M YoY+17.5%	28.0M YoY-3.3%	29.0M YoY-4.5%
Finance lease liability	30.5M YoY-2.0%	31.1M YoY-2.0%	31.8M YoY+17.5%	27.0M YoY-3.6%	28.0M YoY-3.3%
Other non-current liabilities	44.0M YoY+34.6%	32.7M YoY-3.6%	33.9M YoY+15.5%	29.4M YoY-27.5%	40.5M YoY-9.7%
	1.33B YoY+17.8%	1.13B YoY+18.9%	948M YoY+12.4%	843M YoY+78.6%	472M YoY+57.2%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	74.0K YoY+2.8%	72.0K YoY+1.4%	71.0K YoY+1.4%	70.0K YoY+1.4%	69.0K YoY+3.0%
Additional paid-in capital	1.56B YoY+19.3%	1.31B YoY+7.9%	1.21B YoY+0.9%	1.20B YoY-5.2%	1.27B YoY+11.8%
Retained earnings	-240M YoY-29.2%	-186M YoY+29.3%	-263M YoY+25.8%	-354M YoY+55.8%	-802M YoY+4.5%
Treasury stock	330K YoY+0.0%	330K YoY+0.0%	330K YoY+0.0%	330K YoY+0.0%	330K YoY+0.0%
Accumulated other comprehensive income	5.03M YoY+101.0%	2.50M YoY+168.9%	-3.63M YoY+37.9%	-5.85M YoY-241.0%	4.15M YoY-17.1%
Total liabilities & equity	2.10B YoY+19.8%	1.76B YoY+13.0%	1.55B YoY-1.2%	1.57B YoY+38.6%	1.13B YoY-1.1%
	74.5M YoY+3.2%	72.2M YoY+1.7%	71.0M YoY+1.4%	70.0M YoY+1.7%	68.9M YoY+2.9%
	74.5M YoY+3.2%	72.2M YoY+1.7%	71.0M YoY+1.4%	70.0M YoY+1.7%	68.9M YoY+2.9%
	74.9M YoY+3.5%	72.4M YoY+1.7%	71.2M YoY+0.8%	70.7M YoY+1.5%	69.6M YoY+2.4%
Cash Flow	as ofOct 3 ’25	as ofSep 27 ’24	as ofSep 29 ’23	as ofSep 30 ’22	as ofOct 1 ’21
	235M YoY+44.7%	163M YoY-2.6%	167M YoY-5.7%	177M YoY+19.3%	148M YoY-13.4%
Depreciation & amortization	63.3M YoY-5.9%	67.2M YoY+28.9%	52.2M YoY-8.9%	57.2M YoY-18.2%	70.0M YoY-11.3%
Intangible amortization	31.8M YoY-14.6%	37.2M YoY+32.2%	28.1M YoY-15.9%	33.4M YoY-27.7%	46.2M YoY-8.2%
Share-based compensation	79.4M YoY+73.9%	45.6M YoY+19.8%	38.1M YoY-7.5%	41.2M YoY+17.7%	35.0M YoY-1.9%
Deferred income taxes	4.50M YoY-7.1%	4.84M YoY-76.0%	20.1M YoY+110.1%	-200M YoY-8234.8%	2.46M YoY-26.3%
Change in receivables	42.0M YoY+149.8%	16.8M YoY+237.2%	-12.3M YoY-172.2%	17.0M YoY-56.1%	38.7M YoY+261.8%
Change in inventory	26.6M YoY-12.1%	30.2M YoY+186.0%	10.6M YoY-67.2%	32.3M YoY+463.1%	-8.89M YoY+45.5%
Change in payables	22.2M YoY+21.8%	18.2M YoY+370.9%	-6.73M YoY-382.4%	2.38M YoY-59.0%	5.81M YoY+462.4%
Other operating activities	3.09M YoY-42.7%	5.39M YoY+88.9%	2.85M YoY+369.3%	-1.06M YoY-186.4%	1.23M YoY-1.3%
	-328M YoY-81.2%	-181M YoY-598.4%	36.3M YoY+119.9%	-183M YoY-6979.4%	-2.58M YoY+97.6%
Capital expenditure	42.6M YoY+89.6%	22.4M YoY-9.1%	24.7M YoY-6.8%	26.5M YoY+47.7%	18.0M YoY+2.2%
Free cash flow	193M YoY+37.5%	140M YoY-1.4%	142M YoY-5.5%	150M YoY+15.3%	130M YoY-15.2%
Acquisitions	12.7M YoY-82.5%	72.6M YoY-17.2%	87.7M	0.00	0.00
Purchases of investments	592M YoY+38.9%	427M YoY+13.7%	375M YoY-29.1%	529M YoY+172.3%	194M YoY-31.8%
Sales/maturities of investments	360M YoY+4.5%	345M YoY-33.2%	516M YoY+110.8%	245M YoY+16.9%	209M YoY+13.8%
Other investing activities	1.20M YoY+5.4%	1.14M	0.00	0.00	—
	58.1M YoY+741.0%	-9.06M YoY+93.9%	-149M YoY-415.5%	-28.9M YoY+75.7%	-119M YoY-1011.4%
Long-term debt issued	0.00	0.00	0.00	0.00 YoY-100.0%	444M
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	43.1M YoY+203.4%	14.2M YoY-56.4%	32.6M YoY-9.4%	36.0M YoY+53.6%	23.4M YoY+249.4%
Dividends paid	0.00	0.00	0.00	0.00	0.00
Other financing activities	—	—	—	—	0.00
FX effect on cash	132K YoY-67.9%	411K YoY+272.7%	-238K YoY+86.8%	-1.80M YoY-596.7%	362K YoY-17.0%
Net change in cash	-34.7M YoY-27.7%	-27.1M YoY-150.3%	54.0M YoY+247.6%	-36.6M YoY-235.0%	27.1M YoY-49.7%
Interest paid	3.22M YoY-19.1%	3.98M YoY-63.0%	10.8M YoY+60.0%	6.74M YoY-43.1%	11.8M YoY-52.0%
Income taxes paid	16.2M YoY+170.0%	6.00M YoY+109.0%	2.87M YoY+30.8%	2.19M YoY+35.3%	1.62M YoY+109.3%
Valuation Ratios	as ofOct 3 ’25	as ofSep 27 ’24	as ofSep 29 ’23	as ofSep 30 ’22	as ofOct 1 ’21
Market cap	9.55B YoY+18.2%	8.07B YoY+39.0%	5.81B YoY+58.7%	3.66B YoY-19.5%	4.55B YoY+98.0%
P/E	—	105.0× YoY+65.6%	63.4× YoY+662.5%	8.3× YoY-93.1%	119.8×
P/S	9.9× YoY-10.8%	11.1× YoY+23.5%	9.0× YoY+65.3%	5.4× YoY-27.7%	7.5× YoY+72.9%
P/B	7.2× YoY+0.4%	7.2× YoY+16.9%	6.1× YoY+41.2%	4.3× YoY-55.0%	9.6× YoY+26.0%
P/FCF	49.5× YoY-14.0%	57.6× YoY+41.0%	40.8× YoY+67.9%	24.3× YoY-30.2%	34.9× YoY+133.5%
	—	0.95% YoY-39.6%	1.6% YoY-86.9%	12.0% YoY+1339.9%	0.83%
	2.0% YoY+16.3%	1.7% YoY-29.1%	2.4% YoY-40.5%	4.1% YoY+43.3%	2.9% YoY-57.2%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: MTSI's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all MTSI filings on SEC EDGAR → Not investment advice.