MACOM Reports Strong Q1 FY26 Earnings and Positive Q2 Guidance
MTSI has more than doubled off its 52-week low of $84 on elevated volume (2.0× avg).
Summary
MACOM Technology Solutions reported strong fiscal first quarter 2026 financial results, with significant year-over-year revenue and adjusted EPS growth, and provided an optimistic outlook for the second fiscal quarter.
Key Events · Earnings and Guidance · MTSI
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Strong Q1 FY26 Revenue Growth
Revenue for the fiscal first quarter ended January 2, 2026, reached $271.6 million, marking a 24.5% increase compared to the previous year's fiscal first quarter and a 4.0% increase sequentially.
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Significant Adjusted EPS Improvement
Adjusted net income per diluted share for Q1 FY26 was $1.02, up from $0.79 in the prior year's fiscal first quarter and $0.94 in the prior fiscal quarter, reflecting strong profitability.
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Positive Q2 FY26 Guidance Issued
MACOM expects fiscal second quarter 2026 revenue to be in the range of $281 million to $289 million, with adjusted earnings per diluted share projected between $1.05 and $1.09, indicating continued growth.
Analysis · MTSI · Manufacturing
MACOM Technology Solutions Holdings, Inc. delivered a robust fiscal first quarter for 2026, demonstrating significant year-over-year and sequential growth in both revenue and adjusted earnings per share. The company's ability to convert a prior-year GAAP net loss into a substantial profit, alongside strong adjusted performance, indicates solid operational execution. The positive outlook for the fiscal second quarter, with anticipated revenue and adjusted EPS growth, suggests continued momentum and provides a favorable signal to investors regarding the company's near-term trajectory.
At the time of this filing, MTSI was trading at $218.01 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $16.1B. The 52-week trading range was $84.00 to $236.80. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.