Filing Flows › Macom Technology Solutions Holdings (MTSI) › Q3 FY25
Macom Technology Solutions Holdings (MTSI) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Aug 7, 2025
Macom Technology Solutions Holdings (MTSI) reported revenue of $252M for the third quarter fiscal 2025 (Q3 FY25), +32% from a year earlier and +7% from the quarter before. Operating margin was 14.9%, net earnings $36.5M (14.5% of revenue).
Macom Technology Solutions Holdings, Q3 FY25: revenue $252M (+32% year over year), operating margin 14.9%, net earnings $36.5M, operating cash flow $60.4M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $252M | +7% | +32% |
| Gross profit | $139M | +7% | +37% |
| Operating profit | $37.7M | +8% | +91% |
| Net earnings | $36.5M | +15% | +83% |
| Operating cash flow | $60.4M | +56% | +23% |
| Free cash flow | $51.6M | +69% | +24% |
What changed
Revenue was $252.1M in Q3 FY25, up 32% year over year and up 7% from the previous quarter.
Gross margin was 55.3%, up 2.1 points from a year earlier. Operating profit was $37.7M, a 14.9% margin (up 4.6 points year over year). Of the extra revenue versus a year earlier, 29% reached operating profit, above the 10% margin then. Operating expenses grew 25% against revenue growth of 32%. The fastest-growing cost line was Research & development (+33%). Net earnings were $36.5M, up 83% year over year. The effective tax rate was 17.1%.
Operating cash flow was $60.4M (up 23% year over year), 165% of net earnings. Non-cash charges added back $14.8M of depreciation and amortization and $17.3M of share-based compensation. Working capital and other items used $8.3M. Capital expenditures of $8.8M left free cash flow of $51.6M.
Questions
What was Macom Technology Solutions Holdings' revenue in the third quarter fiscal 2025?
Macom Technology Solutions Holdings (MTSI) reported revenue of $252M for the third quarter fiscal 2025 (Q3 FY25), +32% from a year earlier and +7% from the quarter before.
Was Macom Technology Solutions Holdings profitable in the third quarter fiscal 2025?
Operating profit was $37.7M (14.9% of revenue) and net earnings $36.5M.
Source: Macom Technology Solutions Holdings 10-Q on SEC EDGAR.