vs

Side-by-side financial comparison of WARRIOR MET COAL, INC. (HCC) and MACOM Technology Solutions Holdings, Inc. (MTSI). Click either name above to swap in a different company.

WARRIOR MET COAL, INC. is the larger business by last-quarter revenue ($458.6M vs $271.6M, roughly 1.7× MACOM Technology Solutions Holdings, Inc.). MACOM Technology Solutions Holdings, Inc. runs the higher net margin — 18.0% vs 15.8%, a 2.2% gap on every dollar of revenue. On growth, WARRIOR MET COAL, INC. posted the faster year-over-year revenue change (52.1% vs 24.5%). Over the past eight quarters, MACOM Technology Solutions Holdings, Inc.'s revenue compounded faster (22.4% CAGR vs 7.5%).

Warrior Met Coal, Inc. (ticker HCC) is a U.S.-headquartered mining enterprise that produces and distributes high-grade metallurgical coal, a key raw material for steel production. It serves steel manufacturers and industrial clients across core markets including North America, Europe, and Asia.

MACOM Technology Solutions, Inc. is an American developer and producer of radio, microwave, and millimeter wave semiconductor devices and components. The company is headquartered in Lowell, Massachusetts, and in 2005 was Lowell's largest private employer. MACOM is certified to the ISO 9001 international quality standard and ISO 14001 environmental standard. The company has design centers and sales offices in North America, Europe, Asia and Australia.

HCC vs MTSI — Head-to-Head

Bigger by revenue
HCC
HCC
1.7× larger
HCC
$458.6M
$271.6M
MTSI
Growing faster (revenue YoY)
HCC
HCC
+27.5% gap
HCC
52.1%
24.5%
MTSI
Higher net margin
MTSI
MTSI
2.2% more per $
MTSI
18.0%
15.8%
HCC
Faster 2-yr revenue CAGR
MTSI
MTSI
Annualised
MTSI
22.4%
7.5%
HCC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
HCC
HCC
MTSI
MTSI
Revenue
$458.6M
$271.6M
Net Profit
$72.3M
$48.8M
Gross Margin
36.7%
55.9%
Operating Margin
17.3%
15.9%
Net Margin
15.8%
18.0%
Revenue YoY
52.1%
24.5%
Net Profit YoY
129.1%
EPS (diluted)
$1.37
$0.64

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HCC
HCC
MTSI
MTSI
Q1 26
$458.6M
$271.6M
Q4 25
$384.0M
$261.2M
Q3 25
$328.6M
$252.1M
Q2 25
$297.5M
$235.9M
Q1 25
$299.9M
$218.1M
Q4 24
$297.5M
Q3 24
$327.7M
$200.7M
Q2 24
$396.5M
$190.5M
Net Profit
HCC
HCC
MTSI
MTSI
Q1 26
$72.3M
$48.8M
Q4 25
$23.0M
$45.1M
Q3 25
$36.6M
$36.5M
Q2 25
$5.6M
$31.7M
Q1 25
$-8.2M
$-167.5M
Q4 24
$1.1M
Q3 24
$41.8M
$29.4M
Q2 24
$70.7M
$19.9M
Gross Margin
HCC
HCC
MTSI
MTSI
Q1 26
36.7%
55.9%
Q4 25
29.5%
54.5%
Q3 25
27.1%
55.3%
Q2 25
23.9%
55.2%
Q1 25
18.1%
53.7%
Q4 24
23.1%
Q3 24
29.3%
54.7%
Q2 24
34.1%
53.2%
Operating Margin
HCC
HCC
MTSI
MTSI
Q1 26
17.3%
15.9%
Q4 25
9.0%
15.2%
Q3 25
6.3%
14.9%
Q2 25
2.6%
14.8%
Q1 25
-5.8%
8.0%
Q4 24
-1.4%
Q3 24
11.9%
13.7%
Q2 24
17.9%
10.4%
Net Margin
HCC
HCC
MTSI
MTSI
Q1 26
15.8%
18.0%
Q4 25
6.0%
17.3%
Q3 25
11.1%
14.5%
Q2 25
1.9%
13.4%
Q1 25
-2.7%
-76.8%
Q4 24
0.4%
Q3 24
12.7%
14.7%
Q2 24
17.8%
10.5%
EPS (diluted)
HCC
HCC
MTSI
MTSI
Q1 26
$1.37
$0.64
Q4 25
$0.43
$0.67
Q3 25
$0.70
$0.48
Q2 25
$0.11
$0.42
Q1 25
$-0.16
$-2.30
Q4 24
$0.02
Q3 24
$0.80
$0.40
Q2 24
$1.35
$0.27

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HCC
HCC
MTSI
MTSI
Cash + ST InvestmentsLiquidity on hand
$233.2M
$768.5M
Total DebtLower is stronger
$154.4M
Stockholders' EquityBook value
$1.4B
Total Assets
$2.8B
$2.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCC
HCC
MTSI
MTSI
Q1 26
$233.2M
$768.5M
Q4 25
$300.0M
$786.0M
Q3 25
$336.3M
$735.2M
Q2 25
$383.3M
$681.5M
Q1 25
$454.9M
$656.5M
Q4 24
$491.5M
Q3 24
$583.2M
$581.9M
Q2 24
$709.0M
$521.5M
Total Debt
HCC
HCC
MTSI
MTSI
Q1 26
$154.4M
Q4 25
$154.3M
Q3 25
$154.1M
Q2 25
$153.9M
Q1 25
$153.8M
Q4 24
$153.6M
Q3 24
$153.5M
Q2 24
$153.3M
Stockholders' Equity
HCC
HCC
MTSI
MTSI
Q1 26
$1.4B
Q4 25
$2.1B
$1.3B
Q3 25
$2.1B
$1.3B
Q2 25
$2.1B
$1.2B
Q1 25
$2.1B
$1.2B
Q4 24
$2.1B
Q3 24
$2.1B
$1.1B
Q2 24
$2.0B
$1.1B
Total Assets
HCC
HCC
MTSI
MTSI
Q1 26
$2.8B
$2.1B
Q4 25
$2.8B
$2.1B
Q3 25
$2.7B
$2.0B
Q2 25
$2.6B
$1.9B
Q1 25
$2.6B
$1.8B
Q4 24
$2.6B
Q3 24
$2.6B
$1.8B
Q2 24
$2.6B
$1.7B
Debt / Equity
HCC
HCC
MTSI
MTSI
Q1 26
Q4 25
0.07×
Q3 25
0.07×
Q2 25
0.07×
Q1 25
0.07×
Q4 24
0.07×
Q3 24
0.07×
Q2 24
0.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HCC
HCC
MTSI
MTSI
Operating Cash FlowLast quarter
$42.9M
Free Cash FlowOCF − Capex
$30.0M
FCF MarginFCF / Revenue
11.0%
Capex IntensityCapex / Revenue
4.8%
Cash ConversionOCF / Net Profit
0.88×
TTM Free Cash FlowTrailing 4 quarters
$161.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCC
HCC
MTSI
MTSI
Q1 26
$42.9M
Q4 25
$76.1M
$69.6M
Q3 25
$104.7M
$60.4M
Q2 25
$37.5M
$38.7M
Q1 25
$10.9M
$66.7M
Q4 24
$54.2M
Q3 24
$62.2M
$62.3M
Q2 24
$147.0M
$49.0M
Free Cash Flow
HCC
HCC
MTSI
MTSI
Q1 26
$30.0M
Q4 25
$49.4M
Q3 25
$51.6M
Q2 25
$30.5M
Q1 25
$61.3M
Q4 24
Q3 24
$57.1M
Q2 24
$41.5M
FCF Margin
HCC
HCC
MTSI
MTSI
Q1 26
11.0%
Q4 25
18.9%
Q3 25
20.5%
Q2 25
12.9%
Q1 25
28.1%
Q4 24
Q3 24
28.5%
Q2 24
21.8%
Capex Intensity
HCC
HCC
MTSI
MTSI
Q1 26
4.8%
Q4 25
7.7%
Q3 25
3.5%
Q2 25
3.5%
Q1 25
2.4%
Q4 24
Q3 24
2.6%
Q2 24
3.9%
Cash Conversion
HCC
HCC
MTSI
MTSI
Q1 26
0.88×
Q4 25
3.31×
1.54×
Q3 25
2.86×
1.65×
Q2 25
6.70×
1.22×
Q1 25
Q4 24
47.68×
Q3 24
1.49×
2.12×
Q2 24
2.08×
2.46×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HCC
HCC

Sales$448.5M98%
Other revenues$10.1M2%

MTSI
MTSI

Industrial Defense$117.7M43%
Data Center$85.8M32%
Telecom$68.1M25%

Related Comparisons