MACOM reported strong fiscal fourth quarter 2026 results, with revenue and adjusted earnings exceeding analyst consensus. The performance was characterized by significant year-over-year growth and sequential margin expansion, reflecting high demand for its semiconductor solutions across core end markets. For the fiscal first quarter 2027, the company issued optimistic guidance, forecasting revenue between $450 million and $460 million and adjusted EPS between $2.21 and $2.29.
Key Highlights
- Revenue surged 62.7% year-over-year to $424.8 million, driven by demand in high-performance semiconductor technologies.
- Adjusted gross margin reached 61.3%, representing a substantial expansion from 57.1% in the prior-year period.
- Adjusted operating income more than doubled to $162.3 million, yielding an adjusted operating margin of 38.2% compared to 25.6% a year ago.
- The company ended the fiscal year with a healthy liquidity position, reporting cash and short-term investments of approximately $792 million.