Filing Flows › Macom Technology Solutions Holdings (MTSI) › Q4 FY25
Macom Technology Solutions Holdings (MTSI) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Nov 14, 2025
Macom Technology Solutions Holdings (MTSI) reported revenue of $261M for the fourth quarter fiscal 2025 (Q4 FY25), +30% from a year earlier and +4% from the quarter before. Operating margin was 15.2%, net earnings $45.1M (17.3% of revenue).
Macom Technology Solutions Holdings, Q4 FY25: revenue $261M (+30% year over year), operating margin 15.2%, net earnings $45.1M, operating cash flow $69.6M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $261M | +4% | +30% |
| Gross profit | $142M | +2% | +30% |
| Operating profit | $39.6M | +5% | +44% |
| Net earnings | $45.1M | +24% | +53% |
| Operating cash flow | $69.6M | +15% | +12% |
| Free cash flow | $49.4M | -4% | -14% |
What changed
Revenue was $261.2M in Q4 FY25, up 30% year over year and up 4% from the previous quarter.
Gross margin was 54.5%, down 0.2 points from a year earlier. Operating profit was $39.6M, a 15.2% margin (up 1.4 points year over year). Of the extra revenue versus a year earlier, 20% reached operating profit, above the 14% margin then. Operating expenses grew 25% against revenue growth of 30%. The fastest-growing cost line was Research & development (+27%). Net earnings were $45.1M, up 53% year over year. The effective tax rate was 19.3%. Non-operating items added $16.3M, 29% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $69.6M (up 12% year over year), 154% of net earnings. Non-cash charges added back $17.6M of depreciation and amortization and $17.8M of share-based compensation. Working capital and other items used $10.9M. Capital expenditures of $20.2M left free cash flow of $49.4M.
Questions
What was Macom Technology Solutions Holdings' revenue in the fourth quarter fiscal 2025?
Macom Technology Solutions Holdings (MTSI) reported revenue of $261M for the fourth quarter fiscal 2025 (Q4 FY25), +30% from a year earlier and +4% from the quarter before.
Was Macom Technology Solutions Holdings profitable in the fourth quarter fiscal 2025?
Operating profit was $39.6M (15.2% of revenue) and net earnings $45.1M.
Source: Macom Technology Solutions Holdings 10-K on SEC EDGAR.