MACOM Technology Solutions
Builds RF-to-lightwave semiconductors for industrial, defense, data center, and telecommunications systems.
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Profile
Designs and manufactures RF, microwave, millimeter-wave, and lightwave semiconductors for Industrial & Defense, Data Center, and Telecommunications customers. Products span devices, integrated circuits, modules, and subsystems, supported by internal and third-party manufacturing and reported as one operating segment.
Designs, develops, and manufactures semiconductor devices, integrated circuits, modules, and subsystems across RF, microwave, millimeter-wave, and lightwave technologies. Industrial & Defense, Data Center, and Telecommunications are the principal end markets, while financial reporting treats the business as one operating segment.
Compound-semiconductor design and fabrication span GaAs and GaN capabilities in the United States and Europe, supported by internal plants and third-party manufacturing and assembly. Product-line organizations combine engineering, qualification, applications support, and post-sale technical support under shared accountability.
Demand is cyclical and concentrated, and ordering depends on customers and distributors. Operations also depend on export-control compliance, access to internal and external fabrication and assembly, acquisition integration, and retention of specialized employees.
Company facts
Key statistics
Year to date +51.7% · Average volume (30d) 1.4M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 20, 2026 | BMO Capital | Initiate | Market Perform | $335 | |
| Aug 6, 2026 | Evercore ISI | Reiterate | Outperform | $427 | $475 |
| Jul 21, 2026 | Susquehanna | Reiterate | Neutral | $350 | $300 |
| Jun 24, 2026 | Stifel Nicolaus | Target | $300 | $450 | |
| Jun 3, 2026 | Northland Securities | Target | $375 | $450 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 6, 2026Q3 FY26 | $1.35 | $1.40 | +3.7% | $336.1M | $342.2M | +1.8% | +14.49% |
| May 7, 2026Q2 FY26 | $1.07 | $1.09 | +1.9% | $285.2M | $289.0M | +1.3% | +4.47% |
| Feb 5, 2026Q1 FY26 | $0.99 | $1.02 | +3.0% | $269.0M | $271.6M | +1.0% | +3.54% |
| Nov 6, 2025Q4 FY25 | $0.93 | $0.94 | +1.2% | $260.2M | $261.2M | +0.4% | +1.86% |
Financial highlights
| 12 quarters | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $235.9M | $252.1M | $261.2M | $271.6M | $289.0M | $342.2M | |
| Gross profit | $126.1M | $135.4M | $142.6M | $151.8M | $164.4M | $199.6M | |
| Operating income | $34.9M | $37.7M | $39.6M | $43.3M | $50.8M | $77.1M | |
| Net income | $31.7M | $36.5M | $45.1M | $48.8M | $46.3M | $100.7M | |
| Diluted EPS | $0.42 | $0.48 | $0.59 | $0.64 | $0.60 | $1.28 | |
| Gross margin | 53.5% | 53.7% | 54.6% | 55.9% | 56.9% | 58.3% | |
| Operating margin | 14.8% | 14.9% | 15.2% | 15.9% | 17.6% | 22.5% |
Fiscal years (4-quarter sums)FY21 $606.9M · FY22 $675.2M · FY23 $648.4M · FY24 $729.6M · FY25 $967.3M
Revenue by product · Q3 FY26
Revenue by geography · Q3 FY26
Balance sheet, Jul 3, 2026Cash & short-term investments $663.0M · Total debt $371.1M · Total assets $2.15B · Shareholders' equity $1.54B
Dividends
No dividends on record.
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 76.30M · Float 68.97M · 90.4% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| FMR LLC | 10.53M | 13.80% | 13F | Aug 13, 2026 |
| BlackRock, Inc. | 9.51M | 12.47% | 13F | Aug 7, 2026 |
| Susan M. Ocampo | 6.80M | 9.10% | 13G | May 5, 2026 |
| Vanguard Portfolio Management LLC | 3.61M | 4.73% | 13F | Aug 13, 2026 |
| Vanguard Capital Management LLC | 3.06M | 4.02% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 17, 2026 | John Kober | officer: Senior VP and CFO | −7,389 | $326.08 |
| Jun 25, 2026 | Donghyun Thomas Hwang | officer: SVP, Global Sales | −2,620 | $383.87 |
| May 29, 2026 | Stephen G. Daly | director, officer: President and CEO | −15,828 | $365.75 |
| May 18, 2026 | Donghyun Thomas Hwang | officer: SVP, Global Sales | −2,595 | $360.64 |
| May 18, 2026 | John Kober | officer: Senior VP and CFO | −7,644 | $359.25 |
Peers
- Analog Devices
Broad overlap across RF, defense, telecom and data-center connectivity
- Qorvo
Direct RF and compound-semiconductor rival in defense and telecom
- Broadcom
Scale competitor in optical connectivity, telecom access and RF devices
- Marvell Technology
Major optical-interconnect rival from data-center links to carrier networks
- Credo Technology Group
Focused challenger in AI and cloud high-speed interconnects
- NXP Semiconductors
RF-power overlap in 5G infrastructure, radar and defense communications
- Semtech
Focused overlap in optical signal integrity, PON and base-station links
- MaxLinear
Narrower overlap in optical links, PON and wireless infrastructure
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| MACOM Technology Solutions | $262.56 | −1.05% | $20.24B | 85.3 | 32.2 | 17.4 | +35.8% |
| Analog Devices | $362.00 | +0.02% | $176.22B | 42.9 | 22.6 | 12.7 | +39.6% |
| Qorvo | $95.63 | +0.97% | $8.36B | 22.0 | 12.2 | 2.3 | −4.2% |
| Broadcom | $369.12 | +0.12% | $1.75T | 61.5 | 23.5 | 23.2 | +47.9% |
| Marvell Technology | $216.40 | −0.10% | $189.71B | 71.8 | 42.3 | 20.1 | +36.6% |
| Credo Technology Group | $233.00 | +0.07% | $43.40B | 93.9 | 37.6 | 32.5 | +157.0% |
| NXP Semiconductors | $223.80 | +0.18% | $56.38B | 19.1 | 13.3 | 4.3 | +19.5% |
| Semtech | $131.33 | +0.13% | $12.22B | 87.0 | 33.1 | 10.4 | +32.7% |
| MaxLinear | $61.61 | −0.13% | $5.60B | — | 25.5 | 9.8 | +55.2% |
| Median | 61.5 | 24.5 | 11.5 | +38.1% |