Filing Flows › Macom Technology Solutions Holdings (MTSI) › Q3 FY26
Macom Technology Solutions Holdings (MTSI) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Aug 6, 2026
Macom Technology Solutions Holdings (MTSI) reported revenue of $342M for the third quarter fiscal 2026 (Q3 FY26), +36% from a year earlier and +18% from the quarter before. Operating margin was 22.5%, net earnings $101M (29.4% of revenue).
Macom Technology Solutions Holdings, Q3 FY26: revenue $342M (+36% year over year), operating margin 22.5%, net earnings $101M, operating cash flow $80.0M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $342M | +18% | +36% |
| Gross profit | $200M | +21% | +43% |
| Operating profit | $77.1M | +52% | +105% |
| Net earnings | $101M | +117% | +176% |
| Operating cash flow | $80.0M | +2% | +32% |
| Free cash flow | $59.2M | -10% | +15% |
What changed
Revenue was $342.2M in Q3 FY26, up 36% year over year and up 18% from the previous quarter.
Gross margin was 58.3%, up 3.0 points from Q3 FY25. Operating profit was $77.1M, a 22.5% margin (up 7.6 points year over year). Of the extra revenue versus Q3 FY25, 44% reached operating profit, above the 15% margin then. Operating expenses grew 20% against revenue growth of 36%. The fastest-growing cost line was SG&A (+25%). Net earnings were $100.7M, up 176% year over year. The effective tax rate was 18.7%. Non-operating items added $46.7M, 38% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $80.0M (up 32% year over year), 79% of net earnings. Non-cash charges added back $15.7M of depreciation and amortization and $21.1M of share-based compensation. Working capital and other items used $57.5M. Capital expenditures of $20.8M left free cash flow of $59.2M.
Questions
What was Macom Technology Solutions Holdings' revenue in the third quarter fiscal 2026?
Macom Technology Solutions Holdings (MTSI) reported revenue of $342M for the third quarter fiscal 2026 (Q3 FY26), +36% from a year earlier and +18% from the quarter before.
Was Macom Technology Solutions Holdings profitable in the third quarter fiscal 2026?
Operating profit was $77.1M (22.5% of revenue) and net earnings $101M.
Source: Macom Technology Solutions Holdings 10-Q on SEC EDGAR.