NASDAQ$MTSI

Macom Technology Solutions · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

MACOM's financial performance for Q1 2025 was reported, demonstrating revenue growth and focus on serving customers.

MACOM reported a strong start to fiscal year 2025 with a 38.8% increase in revenue compared to the previous year. The company's focus remains on serving customers and expanding its product portfolio.

  • Revenue increased by 38.8% year-over-year to $218.1 million.
  • GAAP net loss was $167.5 million, or $2.30 loss per diluted share, due to a one-time debt extinguishment charge.
  • Adjusted non-GAAP EPS was $0.79 per diluted share, compared to $0.58 in the previous year.
  • The company expects revenue to be in the range of $227 million to $233 million for the fiscal second quarter ending April 4, 2025.

Headline financials

Total Revenue

$218M

Previous: $157M+38.8%
EPS (adj)

$0.79

Previous: $0.58+36.2%
GAAP Gross Margin

53.7%

No prior period
GAAP Income from Operations %

8.0%

No prior period
Adjusted Gross Margin

57.5%

No prior period
Adjusted Income from Operations %

25.4%

No prior period
Capital Expenditures

-$5.34M

Previous: -$4.65M-14.8%
Net Income

-$168M

Previous: $12.5M-1437.5%
Operating Income

$17.5M

Previous: $11M+59.2%
Gross Profit

$117M

Previous: $87.3M+34.1%
R&D Expense

$60.4M

Previous: $39.4M+53.2%

Revenue & EPS history

Macom · Revenue · Quarterly

$218M

Q1 2025+38.8%vs Q1 2024
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

For the fiscal second quarter ending April 4, 2025, MACOM expects revenue to be in the range of $227 million to $233 million, adjusted gross margin is expected to be between 57% and 58%, and adjusted earnings per diluted share is expected to be between $0.82 and $0.86.

Tailwinds

  • Revenue expected to be between $227 million and $233 million.
  • Adjusted gross margin is expected to be between 57% and 58%.
  • Adjusted earnings per diluted share is expected to be between $0.82 and $0.86.
  • Anticipated non-GAAP income tax rate of 3%.
  • 76.0 million fully diluted shares outstanding.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+1.6%

Avg return

Earnings day

+3.0%

Avg return

5 days after

+5.6%

Avg return

30 days after

55%

34 / 62 earnings

Positive

+24.0%

Q2 2018

Best reaction

-32.8%

Q1 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+11.2%+17.0%+11.4%
Q1 2026+5.9%+7.2%-3.5%
Q4 2025+11.4%+13.6%+23.0%
Q2 2025+5.5%+8.7%+10.3%
Q1 2025-4.6%-9.9%-24.3%
Q4 2024+13.1%+8.2%+14.1%
Q3 2024-3.8%-3.7%+8.2%
Q2 2024+3.8%+3.9%+2.0%
Q1 2024-6.9%-7.3%+7.5%
Q4 2023+5.6%+12.2%+18.3%
Q3 2023+10.9%+12.7%+23.6%
Q2 2023-1.1%-5.7%+7.3%
Q1 2023-3.7%+0.1%+4.0%
Q4 2022+12.4%+15.6%+19.7%
Q3 2022+6.2%+8.0%+5.9%
Q2 2022-0.9%+2.9%+6.6%
Q1 2022-4.7%-2.8%-4.0%
Q4 2021-0.3%+0.7%+0.6%
Q3 2021+3.0%+1.7%+3.7%
Q2 2021-8.1%-12.5%-3.9%
Q1 2021+1.6%+13.4%+15.0%
Q4 2020+8.1%+3.4%+19.7%
Q3 2020+19.6%+17.1%+0.6%
Q2 2020+15.2%+8.9%+19.2%
Q1 2020+12.9%+4.5%-11.3%
Q4 2019+13.0%+10.5%+12.4%
Q3 2019-1.1%+0.4%+0.1%
Q2 2019+18.7%+15.2%+13.8%
Q1 2019-19.3%-13.0%-6.9%
Q4 2018+20.6%+21.0%+6.4%
Q3 2018-4.8%-0.7%+4.6%
Q2 2018+24.0%+29.1%+35.7%
Q1 2018-32.8%-33.8%-20.8%
Q4 2017-17.9%-10.2%-13.3%
Q3 2017-24.9%-30.4%-24.8%
Q2 2017-6.8%-9.5%+10.9%
Q1 2017-5.4%-1.9%-5.6%
Q4 2016+8.4%+15.1%+21.7%
Q3 2016+6.2%+6.1%+11.2%
Q2 2016+7.7%
Q1 2016-1.9%
Q4 2015+4.0%
Q3 2015+11.3%
Q2 2015+4.3%
Q1 2015-8.0%
Q4 2014+8.6%
Q3 2014-3.0%
Q2 2014+1.7%
Q1 2014+1.4%
Q4 2013-7.6%
Q3 2013+4.6%
Q2 2013-2.4%
Q1 2012-1.7%
Q1 2013+1.4%
Q4 2010+5.2%
Q1 2011+5.2%
Q4 2012+1.4%
Q3 2012-6.6%
Q3 2011-6.6%
Q2 2011-4.0%
Q2 2012-4.0%
Q4 2011-4.0%

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