MACOM Technology Solutions Reports 35.8% Revenue Growth to $342.2 Million

MACOM Technology Solutions Holdings, Inc. reported significant financial growth in its latest quarterly results, with revenues reaching $342.2 million for the three months ended July 3, 2026, a 35.8% increase from $252.1 million in the same period last year. For the nine months ending July 3, 2026, revenue totaled $902.8 million, up 27.9% from $706.1 million in the prior year. The company attributed this growth to strong performance across its primary markets, particularly in Data Center and Industrial & Defense sectors, which saw increases of 81.5% and 23.3%, respectively, in the most recent quarter.

The company's gross profit also saw a substantial increase, rising to $199.6 million, or 58.3% of revenue, compared to $139.4 million, or 55.3% of revenue, in the prior year quarter. This improvement in gross margin was driven by higher sales volumes and a favorable product mix, despite rising employee-related costs. Operating income for the quarter was reported at $77.1 million, significantly higher than $37.7 million in the same quarter last year. Net income for the quarter was $100.7 million, compared to $36.5 million in the prior year, resulting in a diluted earnings per share of $1.28, up from $0.48.

In terms of operational developments, MACOM completed the acquisition of ENGIN-IC, Inc. in November 2024, enhancing its capabilities in semiconductor design. The company also reported a gain of $41.5 million on investment fair value during the quarter, reflecting its strategic investments. As of July 3, 2026, MACOM's total assets stood at $2.15 billion, with cash and cash equivalents of $89.6 million, down from $112.1 million at the end of the previous fiscal year. The company’s total liabilities decreased significantly to $606.0 million from $776.3 million, primarily due to the repayment of convertible notes.

MACOM's customer base remains concentrated, with its top ten customers accounting for 60% of total revenue in the latest quarter. The company continues to focus on expanding its market share in the Data Center and Telecom sectors, driven by the increasing demand for high-performance semiconductor solutions. Looking ahead, MACOM anticipates continued growth in its primary markets, supported by ongoing product innovation and strategic customer engagements. The company expects to leverage its strong financial position to invest in new technologies and expand its operational capabilities, ensuring it remains competitive in the semiconductor industry.