MXL

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MaxLinear, Inc

Cyclical demand Physical products Sells to businessesTags from an AI model reading the company description.

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Key Metrics

Previous Close: $92.12
52-Week Range: $12.77 – $128.30
Market Cap: $9.61B
P/E (TTM): —
EPS (TTM): -1.18
Dividend Yield: 0.00%

Advanced Metrics

Price/Book: 19.81
PEG Ratio: 0.39
Return on Equity: -21.32%
Return on Assets: -4.89%
Gross Margin: 57.48%
Operating Margin: -2.44%
Profit Margin: -18.24%
Current Ratio: 1.78
Debt/Equity: 0.31
Total Debt: $148.20M
Free Cash Flow: $14.40M
Revenue Growth: 55.20%
Earnings Growth: —
Enterprise Value: $9.69B

MXL Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$1.12B	$693.26M	$360.53M	$467.64M
Cost of Revenue	$470.48M	$307.60M	$165.75M	$201.83M
Gross Profit	$649.77M	$385.66M	$194.78M	$265.81M
Research & Development	$296.44M	$269.50M	$225.19M	$208.60M
Selling, General & Admin	$168.01M	$132.16M	$138.33M	$159.58M
Operating Expenses	$464.45M	$401.66M	$363.52M	$368.18M
Operating Income	$185.32M	-$16.00M	-$168.74M	-$102.36M
EBITDA	$264.70M	$18.41M	-$173.70M	-$86.85M
Pretax Income	$174.20M	-$63.81M	-$238.72M	-$140.89M
Income Tax	$49.16M	$9.34M	$6.48M	-$4.21M
Net Income	$125.04M	-$73.15M	-$245.20M	-$136.68M
Diluted EPS	1.55	-0.91	-2.93	-1.58
Diluted Shares	80.85M	80.72M	83.60M	86.59M

MXL Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$187.35M	$187.29M	$118.58M	$72.81M
Receivables	$170.97M	$170.62M	$85.46M	$46.12M
Inventory	$160.54M	$99.91M	$90.34M	$78.10M
Current Assets	$563.12M	$488.02M	$323.44M	$248.84M
Total Assets	$1.18B	$1.08B	$864.64M	$796.40M
Current Liabilities	$341.09M	$222.13M	$182.28M	$186.02M
Long-Term Debt	$121.76M	$122.38M	$123.00M	$123.62M
Total Debt	$155.60M	$157.75M	$149.36M	$145.03M
Total Liabilities	$503.64M	$393.99M	$348.36M	$344.50M
Retained Earnings	-$45.38M	-$118.53M	-$363.73M	-$500.41M
Shareholders' Equity	$676.38M	$686.26M	$516.28M	$451.89M
Working Capital	$222.04M	$265.90M	$141.16M	$62.82M
Net Debt	—	—	$4.42M	$50.81M

MXL Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$388.73M	$43.37M	-$45.30M	$19.62M
Capital Expenditure	-$52.44M	-$19.81M	-$23.45M	-$19.80M
Free Cash Flow	$336.29M	$23.56M	-$68.74M	-$176.00K
Depreciation & Amortisation	$80.73M	$71.52M	$54.14M	$43.99M
Stock-Based Compensation	$81.70M	$55.18M	$66.02M	$77.13M
Investing Cash Flow	-$91.76M	-$15.94M	-$23.45M	-$19.80M
Financing Cash Flow	-$240.40M	-$26.36M	$1.29M	-$18.66M
Share Repurchases	-$31.51M	$0.00	$0.00	-$20.00M
Net Change in Cash	$56.56M	$1.08M	-$67.45M	-$18.84M

MXL Income statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$108.81M	$126.46M	$136.44M	$137.19M	$168.85M
Cost of Revenue	$47.29M	$54.56M	$57.88M	$58.30M	$71.18M
Gross Profit	$61.52M	$71.90M	$78.56M	$78.88M	$97.66M
Research & Development	$47.20M	$54.25M	$51.69M	$53.16M	$56.03M
Selling, General & Admin	$33.36M	$47.67M	$41.96M	$42.46M	$45.75M
Operating Expenses	$80.56M	$101.93M	$93.65M	$95.62M	$101.78M
Operating Income	-$19.04M	-$30.02M	-$15.09M	-$16.73M	-$4.12M
EBITDA	-$20.76M	-$26.12M	-$4.62M	-$5.52M	$2.91M
Pretax Income	-$30.70M	-$43.39M	-$17.80M	-$18.65M	-$6.55M
Income Tax	-$4.12M	$2.10M	-$2.91M	$26.48M	-$8.31M
Net Income	-$26.59M	-$45.48M	-$14.90M	-$45.14M	$1.76M
Diluted EPS	-0.31	-0.52	-0.17	-0.52	0.02
Diluted Shares	86.63M	87.19M	87.24M	87.59M	97.33M

MXL Balance Sheet statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$108.62M	$111.86M	$72.81M	$61.08M	$64.81M
Receivables	$105.82M	$52.93M	$46.12M	$40.85M	$51.04M
Inventory	$86.03M	$86.33M	$78.10M	$85.84M	$105.49M
Current Assets	$330.15M	$284.13M	$248.84M	$249.45M	$298.66M
Total Assets	$863.74M	$808.13M	$796.40M	$771.27M	$822.57M
Current Liabilities	$213.49M	$183.55M	$186.02M	$146.66M	$168.12M
Long-Term Debt	$123.31M	$123.46M	$123.62M	$123.77M	$123.93M
Total Debt	$147.67M	$145.16M	$145.03M	$151.18M	$148.20M
Total Liabilities	$375.41M	$343.41M	$344.50M	$317.08M	$337.73M
Retained Earnings	-$440.02M	-$485.51M	-$500.41M	-$545.54M	-$543.78M
Shareholders' Equity	$488.33M	$464.73M	$451.89M	$454.19M	$484.84M
Working Capital	$116.66M	$100.58M	$62.82M	$102.79M	$130.54M
Net Debt	$14.69M	$11.60M	$50.81M	$62.70M	$59.11M

MXL Cash Flow statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$10.49M	$10.12M	$10.41M	-$8.87M	$4.81M
Capital Expenditure	-$7.38M	-$6.74M	-$3.69M	-$2.24M	-$3.15M
Free Cash Flow	$3.11M	$3.38M	$6.72M	-$11.11M	$1.66M
Depreciation & Amortisation	$7.43M	$14.62M	$10.79M	$10.94M	$7.19M
Stock-Based Compensation	$13.11M	$21.51M	$19.59M	$20.03M	$27.48M
Investing Cash Flow	-$7.38M	-$6.74M	-$3.69M	-$4.24M	-$3.15M
Financing Cash Flow	$2.08M	$15.00K	-$18.61M	$2.28M	$1.61M
Share Repurchases	—	—	—	$0.00	—
Net Change in Cash	$5.19M	$3.40M	-$11.89M	-$10.83M	$3.27M

Market Snapshot

About

MaxLinear designs high-performance radio frequency, analog, and mixed-signal semiconductor solutions for broadband communications, data center connectivity, and infrastructure applications. The company serves global equipment manufacturers with chips for 5G networks, fiber broadband, and high-speed data transmission.