MaxLinear, Inc MXL

93.84 8.53 10.00% as of 25 Sep
Market cap
$7.9B
P/E
0.0×

Insider Decisions

Total sells 60.56
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell 1 — — — — 1 2 6 — — 1 —
Insider Ownership 5.36%

Capital & Financial Ratios

Market Cap 7,940.00
Revenue 568.93
Net Income (103.76)
Free Cash Flow 0.65
Net Debt 57.62
Current Ratio 1.78
Debt/Equity 0.26
P/E ratio 0.00
P/S ratio 14.85
P/B ratio 17.43
Past 5Y EPS Growth (59.94%)
This Y EPS Growth 464.52%
Next Y EPS Growth 54.03%
Next 5Y EPS Growth 120.20%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 188 120 74 66
Receivables 171 85 46 51
Inventory 100 90 78 105
Other — — — —
488 323 249 299
2023 2024 2025 Q'26
Payables 22 31 38 40
ST’ Debt — — — —
Other — — — —
222 182 186 168
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 4.53% (0.46%) (25.26%)
Cash Flow (9.80%) (23.23%) (63.04%)
Earnings 0.00% 0.00% 0.00%
Book Value 5.57% 2.93% (12.58%)

Revenue

Mar Jun Sep Dec Year
’26 137 169 — — —
’25 96 109 126 136 468
’24 95 92 81 92 361
’23 248 184 136 125 693
’22 264 280 286 291 1,120
’21 209 205 230 248 892
’20 62 65 157 195 479
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (9) 5 — — —
’25 (11) 10 10 10 20
’24 16 (3) (31) (28) (45)
’23 42 31 (13) (17) 43
’22 134 123 62 69 389
’21 40 28 84 16 168
’20 7 9 (17) 74 74
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (11) 2 — — —
’25 (13) 3 3 7 0
’24 7 (8) (37) (31) (69)
’23 36 21 (15) (18) 24
’22 125 112 47 52 336
’21 33 17 69 3 121
’20 6 5 (22) 70 58
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 (0.52) 0.02 — — —
’25 (0.58) (0.31) (0.52) (0.17) (1.58)
’24 (0.88) (0.47) (0.90) (0.68) (2.93)
’23 0.12 (0.05) (0.49) (0.47) (0.91)
’22 0.42 0.40 0.35 0.38 1.55
’21 0.05 0.01 0.12 0.35 0.53
’20 (0.21) (0.30) (0.50) (0.33) (1.35)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.7
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
12.67 20.38 14.87 16.47 7.79 30.47 29.27 13.43 11.08 8.35

Analyst estimates 2026–2028

Powerpack
Low Price
23.07 32.47 28.06 28.70 38.61 77.89 77.57 43.66 26.59 25.73
High Price
553 753 739 697 1,420 1,503 1,368 1,328 1,294 1,115
Employees
1 1 1 0 0 1 1 1 0 0
Revenue/Emp
388 420 385 317 479 892 1,120 693 361 468
Revenue
59.30% 49.48% 54.23% 52.87% 44.46% 55.56% 58.00% 55.63% 54.03% 56.84%
Gross Margin
64 (34) (33) (32) (115) 48 174 (64) (239) (141)
EBT
16.42% (8.09%) (8.53%) (10.24%) (24.00%) 5.36% 15.55% (9.20%) (66.21%) (30.13%)
EBT Margin
61 (9) (26) (20) (99) 42 125 (73) (245) (137)
Net Income
33 93 80 68 79 95 83 74 57 46
Depreciation
6.08 6.34 5.62 4.47 6.54 11.74 14.36 8.59 4.31 5.40
Revenue/Sh
0.96 (0.14) (0.38) (0.28) (1.35) 0.55 1.60 (0.91) (2.93) (1.58)
Earnings/Sh
1.84 1.13 1.50 1.10 1.01 2.21 4.98 0.54 (0.54) 0.23
Cash Flow/Sh
(0.14) (0.19) (0.11) (0.10) (0.21) (0.61) (0.67) (0.25) (0.28) (0.23)
Capex/Sh
1.70 0.94 1.39 1.01 0.80 1.60 4.31 0.29 (0.82) 0.00
Free CF/Sh
5.53 5.85 5.84 5.84 5.35 6.43 8.67 8.50 6.18 5.22
Book Value/Sh
64 66 68 71 73 76 78 81 84 87
Shares
23.18 0.00 0.00 0.00 0.00 137.07 20.29 0.00 0.00 0.00
PE Ratio
3.62 4.29 3.13 4.75 5.84 6.42 2.28 2.68 4.59 3.23
PS Ratio
3.99 4.65 3.01 3.63 7.14 11.72 3.77 2.70 3.20 3.34
PB Ratio
3.29 4.94 3.60 5.11 6.28 6.62 2.20 2.58 4.60 3.33
EV/Sales
11.76 33.34 15.50 22.72 51.58 48.63 7.33 75.96 (24.11) (8,855.81)
EV/FCF
117 75 103 78 74 168 389 43 (45) 20
Op' Cash Flow
(9) (13) (8) (7) (15) (47) (52) (20) (23) (20)
Capex
108 62 95 71 58 121 336 24 (69) 0
FCF
158 125 110 115 128 197 222 266 141 63
Working Cap'
— 348 256 207 364 306 122 122 123 124
Total Debt
(130) 274 182 114 215 175 (85) (66) 3 49
Net Debt
352 387 400 415 391 489 676 686 516 452
Sh' Equity
16.19% (1.47%) (3.34%) (2.75%) (11.41%) 4.05% 11.21% (6.47%) (25.21%) (16.46%)
ROA
17.69% (2.05%) (2.05%) (2.61%) (10.44%) 6.14% 19.05% (3.85%) (26.86%) (15.82%)
ROIC
19.92% (2.48%) (6.65%) (4.88%) (24.46%) 9.53% 21.46% (10.74%) (40.78%) (28.23%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

MaxLinear, Inc (MXL) key facts

  • MaxLinear, Inc (MXL) is a Semiconductors company in the Technology sector, listed on Nasdaq.
  • MaxLinear, Inc’s revenue for fiscal 2025 (year ended December 2025) was $467.6 million, up 29.7% from fiscal 2024.
  • MaxLinear, Inc reported a net loss of $136.7 million, or a loss of $1.58 per share, for fiscal 2025.
  • As of September 25, 2026, MXL traded at $93.84, a market capitalization of $7.9 billion.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 14.9× sales.
  • Return on equity was −28.2% and debt-to-equity 0.26.

Source: company filings (standardised) and stockrow calculations.

MaxLinear, Inc (MXL) Latest News

News by impact score

Fine-tune

26 Aug

4

MaxLinear Inc's AI optical growth is accelerating with potential to challenge AVGO and MRVL. Accelerating AI optical growth may significantly boost MXL competitive stance against AVGO and MRVL.

18 Aug

4

MaxLinear expands AI rack silicon portfolio, potentially reshaping long-term positioning. AI silicon portfolio expansion marks major strategic move likely to significantly alter company trajectory.

3

MaxLinear advances its AI data center strategy, leading to questions on whether the company's stock valuation already accounts for these growth prospects. MaxLinear's AI data center push may affect financial performance and competitive positioning without fundamentally transforming its overall trajectory.

10 Aug

4

MaxLinear introduces RackCommander™ Control-Plane Portfolio for next-generation AI infrastructure. New AI-focused control-plane portfolio launch strengthens MaxLinear positioning in expanding data-center and infrastructure markets.

4

MaxLinear introduces Carmel high-speed USB-to-UART product for next-generation AI data center console access. New AI data center product launch positions MaxLinear for notable revenue growth and stronger market positioning.

3

MaxLinear expands AI infrastructure control-plane portfolio with intelligent eFuse solutions for rack-scale power protection and telemetry. New eFuse solutions add product innovation in AI power management with moderately noticeable effects on positioning.

4 Aug

4

MaxLinear partners with CMS to expand OpenZFS storage solutions for AI, cloud, and hyperscale infrastructure. Partnership targets high-growth AI and cloud storage markets with expanded solutions.

3

MaxLinear partners with Everspin Technologies to enhance memory efficiency in AI servers. Collaboration targets AI server memory tech, offering moderate potential to influence MaxLinear product positioning.

29 Jul

3

MaxLinear showcases Panther technology to enhance AI storage efficiency and AI inference performance at FMS 2026. Panther showcase at industry conference signals moderate advances in AI storage and inference tech with potential effects on product positioning.

27 Jul

4

MaxLinear benefits from AI infrastructure demand, positioning the company for further growth and stock upside. AI infrastructure trends drive significant growth potential and market gains for MaxLinear.

25 Jul

4

MaxLinear returns to profit as AI data center demand lifts earnings. Return to profit from AI data center demand signals major positive shift in performance trajectory.

24 Jul

4

MaxLinear (MXL) is positioned to benefit from AI transceivers. AI transceivers signal major growth potential for MaxLinear's core semiconductor business.

4

MaxLinear's Q2 earnings call highlighted expanding opportunities in optical components for AI data centers as a key growth driver. Emphasis on optical AI data center growth signals major revenue potential for MaxLinear in high-demand AI infrastructure markets.

4 transcript

MaxLinear reported robust Q2 2026 revenue growth during its earnings call and outlined a positive strategic outlook focused on expansion and product development. Robust revenue growth combined with strategic initiatives signals major positive shifts in financial trajectory and investor sentiment.

3

MaxLinear stock fell after reporting strong earnings, despite the optical networking shares having soared this year. Post-earnings stock drop signals limited immediate market reaction despite solid results.

3

MaxLinear beat Q2 expectations but its stock is set to end a four-day winning streak. Wall Street remains bullish on the company's AI infrastructure growth prospects. Q2 earnings beat paired with AI infrastructure optimism indicates moderate influence on future performance and sentiment.

3 transcript

MaxLinear reported Q2 2026 financial results and outlook during its earnings call, covering revenue, margins, segment performance, and forward guidance. Quarterly earnings and guidance typically produce moderate short-term effects on valuation and sentiment without guaranteeing structural change.

23 Jul

3 transcript

MaxLinear Q2 earnings call covered revenue, profits, product updates and forward guidance for the semiconductor firm. Earnings call details on results and outlook moderately influence near-term stock sentiment and operations view.

3

MaxLinear, Inc. released its second quarter 2026 financial results. Quarterly earnings releases deliver performance metrics that can shift near-term investor sentiment and valuation.

21 Jul

3

MaxLinear faces Q2 earnings with analysts issuing buy, sell or hold guidance and key tips for investors evaluating the stock ahead of results. Pre-earnings stock advice can moderately sway short-term sentiment and trading around MaxLinear without shifting fundamentals.

15 Jul

4

MaxLinear (MXL) growth tracks AI optics, DOCSIS and fiber upgrades. AI optics, DOCSIS and fiber upgrades represent major strategic growth drivers that can significantly shift company trajectory.

14 Jul

4

MaxLinear bets on optical data center platforms to drive its next growth phase. Strategic focus on optical data center platforms represents major move likely to alter growth trajectory and investor views.

3

MaxLinear (MXL) shares drop 6.7% as surging AI-Optics infrastructure growth reshapes the company's risk profile. AI-Optics growth alters MaxLinear risk profile and triggers share price drop.

3

MaxLinear stock may have already incorporated expectations around upcoming earnings results and a surge in data center optics demand. Discussion of whether earnings and data center optics growth are priced in suggests moderate short-term effects on MXL valuation and sentiment.

13 Jul

4

MaxLinear stock outlook depends on demand levels in optics, broadband and AI markets. Demand changes in optics, broadband and AI will significantly shift MaxLinear performance and investor sentiment.

30 Jun

3

MaxLinear shows end-market strength ahead of Q2 earnings release driven by sustained demand and operational factors across key segments. End-market strength signals moderately positive operational trends that may lift near-term earnings and sentiment but remain balanced by broader market conditions.

23 Jun

3

MaxLinear positions infrastructure developments at core of strategy with focus on future growth opportunities and market positioning. Infrastructure emphasis indicates moderate effects on operations and competitive stance without major trajectory shifts.

15 Jun

4

MaxLinear gains momentum on Panther with expanding Tier 1 design wins. Tier 1 design wins directly boost MaxLinear revenue visibility and market position.

3

MaxLinear secures Los Alamos OpenZFS deal that may reposition the company within data center and AI markets. Los Alamos OpenZFS deal offers moderate potential to boost MaxLinear positioning in data center and AI.

11 Jun

3

MaxLinear launches Trinity platform to enhance wireless backhaul capabilities. Trinity platform strengthens MaxLinear wireless backhaul product line and market position.

stockrow.com/MXL · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com