Array Technologies vs Macom Technology Solutions Holdings
Array Technologies is the larger business, with $1.28bn of revenue in fiscal 2025 against $967m for Macom Technology Solutions Holdings (1.3 times as much). Array Technologies grew faster (40.2% against 32.6%). Array Technologies kept more of each dollar of sales as profit: a net margin of -4.1% against -5.6%.
| Latest fiscal year | Array TechnologiesARRY, 2025 | Macom Technology Solutions HoldingsMTSI, 2025 |
|---|---|---|
| Revenue | $1.28bn | $967m |
| Revenue growth | 40.2% | 32.6% |
| Net income | −$52.2m | −$54.2m |
| Operating margin | -2.3% | 13.4% |
| Net margin | -4.1% | -5.6% |
| Return on equity | — | -4.4% |
| Free cash flow | $79.8m | $193m |
| Cash | $244m | $112m |
| Total debt | $683m | $505m |
| Debt to equity | — | 38.1% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $43.1m |
| Employees | 1,200 | — |
| Market value | $726m | $18.37bn |
| Price vs our value range | Below our value range | Above our value range |
| Moat score | 26 (Weak) | 62 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 178 sales |