MACOM Technology Solutions Holdings Inc (MTSI)
NASDAQ:MTSI
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Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
1.3Last Year’s EPS
0.9Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Q2 2026
Earnings Call Date:May 07, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call conveyed strong operational momentum and multiple record metrics: robust revenue growth (Q2 revenue $289M, +6.4% sequential, >22% YoY), outsized bookings (1.5:1), improving gross and operating margins (58.5% gross, 27.8% operating), healthy cash balances ($664.9M) and a bullish Data Center outlook (Data Center growth raised materially). Execution risks remain (inventory build, ongoing R&D spend, timing of CW laser commercialization, supply chain/regulatory dependencies), but management provided clear capacity plans, moderate CapEx guidance and near‑term margin targets. Given the weight and magnitude of positive results, forward guidance, and balance‑sheet strength, the positives substantially outweigh the listed challenges.Company Guidance
Record Quarterly Revenue and Strong YoY Growth
Q2 FY2026 revenue of $289.0M, up 6.4% sequentially and over 22% year‑over‑year, driven by growth across Data Center, Industrial & Defense (I&D) and Telecom.
Outstanding Bookings and Backlog
Book‑to‑bill of 1.5:1 (largest quarterly bookings in company history); orders booked & shipped within quarter were 18% of revenue; backlog at a record level.
Data Center Momentum and Upgraded Growth Outlook
Data Center revenue $98.2M, up ~14.5% sequentially; company raised its FY'26 Data Center growth base case substantially (referenced move from 35%/40% to over 60%), citing strong demand for 800G and 1.6T products and expanding SAM.
Improving Profitability and Margins
Adjusted gross profit $169M (58.5% gross margin), a 90 bps sequential improvement; adjusted operating income $80.5M (27.8% operating margin), up 8.8% sequentially and 34.5% YoY; company expects ~59–60% gross margin and ~30% adjusted operating margin in next quarter.
Adjusted EPS and Net Income Growth
Q2 adjusted net income $84.3M (up ~7.8% sequentially); adjusted EPS $1.09 vs $1.02 in Q1, continuing an 11‑quarter streak of sequential EPS improvement.
Strong Cash Position and Cash Flow
Cash, cash equivalents and short‑term investments of $664.9M; Q2 operating cash flow ~$78.7M (up $35.8M sequentially) and company expects Q3 OCF > $80M; on track for FY2026 OCF to exceed $300M.
Debt Reduction and Deleveraging
Planned repayment of $161M of 2026 convertible notes during Q2 contributed to a slight decrease in net interest income and improved balance sheet position; net cash position approximately $325M when comparing cash to remaining convertible notes book value.
Operational Execution and Capacity Ramps
Fabs improving yields and throughput: North Carolina fab increased wafer production and lowered cycle times; Massachusetts and Lowell fabs adding capacity and processes for GaN and indium phosphide; targeted FY'26 CapEx $55–65M to support incremental expansion.
Strategic Supply Investment
Participated in IQE fundraising (~GBP45M) to secure long‑term epitaxial supply (epitaxy/indium phosphide and related materials) and entered a long‑term supply agreement to bolster supply chain resilience.
MACOM Technology Solutions Holdings (MTSI) Earnings, Revenues Date & History
MTSI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MTSI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 05, 2026 | $215.03 | $227.80 | +5.94% |
Nov 06, 2025 | $149.68 | $166.92 | +11.52% |
Aug 07, 2025 | $139.03 | $127.75 | -8.11% |
May 08, 2025 | $113.37 | $119.66 | +5.55% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does MACOM Technology Solutions Holdings Inc (MTSI) report earnings?
MACOM Technology Solutions Holdings Inc (MTSI) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is MACOM Technology Solutions Holdings Inc (MTSI) earnings time?
MACOM Technology Solutions Holdings Inc (MTSI) earnings time is at Jul 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MTSI EPS forecast?
MTSI EPS forecast for the fiscal quarter 2026 (Q3) is 1.3.