MaxLinear, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:37:47Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 7.02M | -62.98M | 29.92M | 347.47M | 129.06M | 61.11M |
| EBITDA | -82.90M | -169.21M | 33.30M | 260.97M | 157.04M | -24.63M |
| Working Capital | 62.82M | 141.16M | 265.90M | 222.04M | 196.71M | 128.06M |
| Net Debt | 72.22M | 30.79M | -29.54M | -31.75M | 209.11M | 249.92M |
| Gross Margin | 56.84% | 54.03% | 55.63% | 58.00% | 55.56% | 44.46% |
| Operating Margin | -27.13% | -61.95% | -5.51% | 16.09% | 7.31% | -21.13% |
| Net Margin | -29.23% | -68.01% | -10.55% | 11.16% | 4.70% | -20.60% |
| Return on Equity (ROE) | -30.25% | -47.49% | -10.66% | 18.49% | 8.58% | -25.21% |
| Return on Assets (ROA) | -17.16% | -28.36% | -6.77% | 10.60% | 4.00% | -9.64% |
| Current Ratio | 1.34× | 1.77× | 2.20× | 1.65× | 1.95× | 1.55× |
| Debt-to-Equity | 0.32× | 0.29× | 0.23× | 0.23× | 0.69× | 1.02× |
| Effective Tax Rate | 2.99% | -2.71% | -14.63% | 28.22% | 12.33% | 14.16% |
| Cash Conversion Ratio | -0.14× | 0.18× | -0.59× | 3.11× | 4.01× | -0.75× |
| Accruals Ratio | -0.20× | -0.23× | -0.11× | -0.22× | -0.12× | -0.17× |
| SBC % of Revenue | 16.49% | 18.31% | 7.96% | 7.29% | 6.65% | 9.95% |
| CapEx Coverage | 1.56× | -2.56× | 3.22× | 9.42× | 4.29× | 5.89× |
| Free Cash Flow Per Share | $0.08 | $-0.75 | $0.37 | $4.30 | $1.62 | $0.84 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | — | 21.90× | 142.25× | — |
| P/FCF | 214.92× | — | 64.14× | 7.90× | 46.55× | 45.71× |
| FCF Yield | 0.47% | — | 1.56% | 12.66% | 2.15% | 2.19% |
| EV / EBITDA | — | — | 57.52× | 10.12× | 38.19× | — |
| P/S | 3.22× | 4.64× | 2.81× | 2.39× | 6.49× | 5.95× |
| P/B | 3.33× | 3.24× | 2.83× | 3.95× | 11.83× | 7.28× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 467.64M | 360.53M | 693.26M | 1.12B | 892.40M | 478.60M |
| Revenues | — | — | — | — | — | 478.60M |
| Cost of Revenue | 201.83M | 165.75M | 307.60M | 470.48M | 396.57M | 265.80M |
| Gross Profit | 265.81M | 194.78M | 385.66M | 649.77M | 495.83M | 212.80M |
| Selling, General and Administrative Expense | 159.58M | 138.33M | 132.16M | 168.01M | 149.94M | 130.03M |
| Operating Expenses | 392.70M | 418.13M | 423.88M | 469.53M | 430.59M | 313.94M |
| Operating Income (Loss) | -126.89M | -223.35M | -38.22M | 180.24M | 65.25M | -101.14M |
| Income Tax Expense (Benefit) | -4.21M | 6.48M | 9.34M | 49.16M | 5.90M | -16.26M |
| Net Income (Loss) Attributable to Parent | -136.68M | -245.20M | -73.15M | 125.04M | 41.97M | -98.59M |
| Earnings Per Share, Basic | $-1.58 | $-2.93 | $-0.91 | $1.60 | $0.55 | $-1.35 |
| Weighted Average Number of Shares Outstanding, Basic | 86.59M | 83.60M | 80.72M | 78.04M | 76.04M | 73.13M |
| Earnings Per Share, Diluted | $-1.58 | $-2.93 | $-0.91 | $1.55 | $0.53 | $-1.35 |
| Weighted Average Number of Shares Outstanding, Diluted | 86.59M | 83.60M | 80.72M | 80.85M | 79.68M | 73.13M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 72.81M | 118.58M | 187.29M | 187.35M | 130.57M | 148.90M |
| Assets, Current | 248.84M | 323.44M | 488.02M | 563.12M | 404.10M | 361.72M |
| Assets | 796.40M | 864.64M | 1.08B | 1.18B | 1.05B | 1.02B |
| Long-term Debt | — | — | — | — | — | 369.81M |
| Liabilities, Current | 186.02M | 182.28M | 222.13M | 341.09M | 207.40M | 233.66M |
| Long-term Debt, Excluding Current Maturities | 123.62M | 123.00M | 122.38M | 121.76M | 306.15M | 363.59M |
| Liabilities | 344.50M | 348.36M | 393.99M | 503.64M | 561.19M | 631.33M |
| Stockholders' Equity Attributable to Parent | 451.89M | 516.28M | 686.26M | 676.38M | 489.20M | 391.12M |
| Common Stock, Shares, Outstanding | 86.45M | 84.61M | 81.82M | 78.75M | 76.78M | 74.54M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 19.62M | -45.30M | 43.37M | 388.73M | 168.23M | 73.59M |
| Payments to Acquire Property, Plant, and Equipment | 12.60M | 17.68M | 13.45M | 41.25M | 39.18M | 12.49M |
| Net Cash Provided by (Used in) Investing Activities | -19.80M | -23.45M | -15.94M | -91.76M | -91.76M | -175.29M |
| Payments for Repurchase of Common Stock | 20.00M | 0 | 0 | 31.51M | 23.55M | 0 |
| Net Cash Provided by (Used in) Financing Activities | -18.66M | 1.29M | -26.36M | -240.40M | -91.90M | 159.65M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -10.26M | 6.70M | 323.00K | -4.07M | -13.39M | -30.03M |
| EBITDA | -6.27M | -4.10M | — | — | -34.95M | -29.46M |
| Working Capital | 102.79M | 62.82M | 100.58M | 116.66M | 123.51M | 141.16M |
| Net Debt | 90.10M | 72.22M | 33.30M | 39.05M | 46.04M | 30.79M |
| Gross Margin | 57.50% | 57.58% | 56.86% | 56.54% | 56.11% | 55.60% |
| Operating Margin | -12.54% | -10.91% | -32.65% | -22.62% | -48.05% | -44.67% |
| Net Margin | -32.90% | -10.92% | -35.97% | -24.43% | -51.82% | -62.75% |
| Return on Equity (ROE) | -9.94% | -3.30% | -9.79% | -5.44% | -10.08% | -11.20% |
| Return on Assets (ROA) | -5.85% | -1.87% | -5.63% | -3.08% | -5.81% | -6.69% |
| Current Ratio | 1.70× | 1.34× | 1.55× | 1.55× | 1.63× | 1.77× |
| Debt-to-Equity | 0.33× | 0.32× | 0.31× | 0.30× | 0.30× | 0.29× |
| Effective Tax Rate | -142.00% | 16.32% | -4.83% | 13.40% | -1.45% | -41.68% |
| Cash Conversion Ratio | 0.20× | -0.70× | -0.20× | 0.03× | 0.23× | 0.48× |
| Accruals Ratio | -0.05× | -0.03× | -0.07× | -0.03× | -0.04× | -0.03× |
| SBC % of Revenue | 14.60% | 14.36% | 45.50% | 33.11% | 23.88% | 20.41% |
| CapEx Coverage | -6.41× | 2.81× | 1.04× | -0.29× | -5.73× | -12.69× |
| Free Cash Flow Per Share | $-0.12 | $0.08 | $0.00 | $-0.05 | $-0.16 | $-0.36 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 137.19M | 136.44M | 126.46M | 108.81M | 95.93M | 92.17M |
| Cost of Revenue | 58.30M | 57.88M | 54.56M | 47.29M | 42.10M | 40.92M |
| Gross Profit | 78.88M | 78.56M | 71.90M | 61.52M | 53.83M | 51.25M |
| Selling, General and Administrative Expense | 42.46M | 41.96M | 47.67M | 33.36M | 36.59M | 38.09M |
| Operating Expenses | 96.09M | 93.45M | 113.19M | 86.14M | 99.92M | 92.42M |
| Operating Income (Loss) | -17.21M | -14.89M | -41.29M | -24.61M | -46.09M | -41.17M |
| Income Tax Expense (Benefit) | 26.48M | -2.91M | 2.10M | -4.12M | 711.00K | 17.02M |
| Net Income (Loss) Attributable to Parent | -45.14M | -14.90M | -45.48M | -26.59M | -49.71M | -57.84M |
| Earnings Per Share, Basic | $-0.52 | $-0.17 | $-0.52 | $-0.31 | $-0.58 | $-0.68 |
| Weighted Average Number of Shares Outstanding, Basic | 87.59M | 86.59M | 87.19M | 86.63M | 85.27M | 83.60M |
| Earnings Per Share, Diluted | $-0.52 | $-0.17 | $-0.52 | $-0.31 | $-0.58 | $-0.68 |
| Weighted Average Number of Shares Outstanding, Diluted | 87.59M | 86.59M | 87.19M | 86.63M | 85.27M | 83.60M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 61.08M | 72.81M | 111.86M | 108.62M | 102.77M | 118.58M |
| Assets, Current | 249.45M | 248.84M | 284.13M | 330.15M | 320.41M | 323.44M |
| Assets | 771.27M | 796.40M | 808.13M | 863.74M | 855.28M | 864.64M |
| Liabilities, Current | 146.66M | 186.02M | 183.55M | 213.49M | 196.89M | 182.28M |
| Long-term Debt, Excluding Current Maturities | 123.77M | 123.62M | 123.46M | 123.31M | 123.15M | 123.00M |
| Liabilities | 317.08M | 344.50M | 343.41M | 375.41M | 362.11M | 348.36M |
| Stockholders' Equity Attributable to Parent | 454.19M | 451.89M | 464.73M | 488.33M | 493.18M | 516.28M |
| Common Stock, Shares, Outstanding | 89.53M | 86.45M | 87.37M | 86.91M | 86.37M | 84.61M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -8.87M | 10.41M | 9.21M | -911.00K | -11.40M | -27.84M |
| Payments to Acquire Property, Plant, and Equipment | 1.38M | 3.71M | 8.89M | 3.16M | 1.99M | 2.19M |
| Net Cash Provided by (Used in) Investing Activities | -4.24M | -3.69M | -16.11M | -9.37M | -1.99M | -3.00M |
| Net Cash Provided by (Used in) Financing Activities | 2.28M | -18.61M | -46.00K | -61.00K | -2.14M | 1.42M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (MXL CIK 0001288469),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.