Abstract Shape memory materials with specific microstructure can be obtained from amorphous precursors. Rapidly solidified amorphous and crystalline–amorphous ribbons have been produced by planar flow casting for a number of multicomponent TiNi-based alloys of pseudobinary 50:50 and 55:45 compositions with substitutions of Zr, Hf, Nb for Ti and Cu, Co, Pd, Ag, Al for Ni. The glass transition and crystallization behavior of the amorphous phase as well as the martensitic transformations in the crystallized materials have been studied by differential scanning calorimetry. To control the crystal structure at different stages of crystallization, X-ray diffractometry and transmission electron microscopy were used. The effects of crystallization conditions and the resulting microstructural state on the martensitic transformation characteristics have been investigated. The transformation temperature intervals are shown to depend on the mean size of the parent phase crystals.