Saturday 17 October 2026 Export MXL’s income statement to Excel — free account

MaxLinear, Inc

MaxLinear, Inc’s revenue for fiscal 2025 (year ended December 2025) was $467.6 million, up 29.7% from fiscal 2024. In the quarter to June 2026, revenue grew 55.2%, EPS grew 106.5%, free cash flow fell 46.6% and total debt was flat, each against the same quarter a year earlier.

71.32 6.86 −8.77%

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Market cap: $7.1B
P/E: 0.0×
Fwd P/E: −155×
Dividend yield: —
F-score: 5/9
Altman Z: 1.90
Beneish M: −3.66
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 60.10

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	1	2	6	—	—	1	—	—

Insider Ownership 5.36%

Capital & Financial Ratios $m

Market Cap 7,090.00

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

Fwd P/E (155.00)

P/S ratio 11.29

P/B ratio 13.25

Past 5Y EPS Growth —

This Y EPS Growth 464.52%

Next Y EPS Growth 54.03%

Next Y revenue growth 57.81%

Next 5Y EPS Growth 120.20%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 96.68%

10-year low 10-year high

P/B against its own 10 years 96.72%

10-year low 10-year high

EV/Sales against its own 10 years 96.68%

10-year low 10-year high

EV/FCF against its own 10 years 97.83%

10-year low 10-year high

Dividends

Payout Ratio —

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 special payouts not included in total or ratios

Assets vs Liabilities $m

	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

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 $m

	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

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	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

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	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

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.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	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
	High	23.07	32.47	28.06	28.70	38.61	77.89	77.57	43.66	26.59	25.73
People
People	Employees	553	753	739	697	1,420	1,503	1,368	1,328	1,294	1,115
	Revenue/emp, $m	0.70	0.56	0.52	0.46	0.34	0.59	0.82	0.52	0.28	0.42
Income, $m
Income, $m	Revenue	388	420	385	317	479	892	1,120	693	361	468
	Gross margin, %	59.30	49.48	54.23	52.87	44.46	55.56	58.00	55.63	54.03	56.84
	EBT	64	(34)	(33)	(32)	(115)	48	174	(64)	(239)	(141)
	EBT margin, %	16.42	(8.09)	(8.53)	(10.24)	(24.00)	5.36	15.55	(9.20)	(66.21)	(30.13)
	Net income	61	(9)	(26)	(20)	(99)	42	125	(73)	(245)	(137)
	Depreciation	33	93	80	68	79	95	83	74	57	46
Per share, $
Per share, $	Revenue	6.08	6.34	5.62	4.47	6.54	11.74	14.36	8.59	4.31	5.40
	Earnings	0.96	(0.14)	(0.38)	(0.28)	(1.35)	0.55	1.60	(0.91)	(2.93)	(1.58)
	Cash flow	1.84	1.13	1.50	1.10	1.01	2.21	4.98	0.54	(0.54)	0.23
	Capex	(0.14)	(0.19)	(0.11)	(0.10)	(0.21)	(0.61)	(0.67)	(0.25)	(0.28)	(0.23)
	Free cash flow	1.70	0.94	1.39	1.01	0.80	1.60	4.31	0.29	(0.82)	0.00
	Book value	5.53	5.85	5.84	5.84	5.35	6.43	8.67	8.50	6.18	5.22
	Shares, m	64	66	68	71	73	76	78	81	84	87
Valuation, ×
Valuation, ×	P/E	23.18	0.00	0.00	0.00	0.00	137.07	20.29	0.00	0.00	0.00
	P/S	3.62	4.29	3.13	4.75	5.84	6.42	2.28	2.68	4.59	3.23
	P/B	3.99	4.65	3.01	3.63	7.14	11.72	3.77	2.70	3.20	3.34
	EV/Sales	3.29	4.94	3.60	5.11	6.28	6.62	2.20	2.58	4.60	3.33
	EV/FCF	11.76	33.34	15.50	22.72	51.58	48.63	7.33	75.96	(24.11)	(8,855.81)
Cash, $m
Cash, $m	Operating cash flow	117	75	103	78	74	168	389	43	(45)	20
	Capex	(9)	(13)	(8)	(7)	(15)	(47)	(52)	(20)	(23)	(20)
	Free cash flow	108	62	95	71	58	121	336	24	(69)	0
Balance, $m
Balance, $m	Working capital	158	125	110	115	128	197	222	266	141	63
	Total debt	—	348	256	207	364	306	122	122	123	124
	Net debt	(130)	274	182	114	215	175	(85)	(66)	3	49
	Shareholders’ equity	352	387	400	415	391	489	676	686	516	452
Returns, %
Returns, %	ROA	16.19	(1.47)	(3.34)	(2.75)	(11.41)	4.05	11.21	(6.47)	(25.21)	(16.46)
	ROIC	17.69	(2.05)	(2.05)	(2.61)	(10.44)	6.14	19.05	(3.85)	(26.86)	(15.82)
	ROE	19.92	(2.48)	(6.65)	(4.88)	(24.46)	9.53	21.46	(10.74)	(40.78)	(28.23)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
RMBS Rambus, Inc.	$10.1B	39.5×	58.5×	+20.43% (above 0%: growing)	+14.81% (above 0%: growing)	−40.61% (below 0%: shrinking)	79.76%	35.07%	Compare
SIMO Silicon Motion Technology Corporation	$7.4B	24.6×	29.6×	+127.00% (above 0%: growing)	+718.37% (above 0%: growing)	−117.86% (below 0%: shrinking)	50.16%	22.42%	Compare
SLAB Silicon Laboratories, Inc.	$7.4B	— (loss-making)	— (loss-making)	+18.33% (above 0%: growing)	n/m	−608.05% (below 0%: shrinking)	61.65%	(4.67%)	Compare
MXL MaxLinear, Inc	$7.1B	— (loss-making)	— (loss-making)	+55.17% (above 0%: growing)	n/m	−46.59% (below 0%: shrinking)	57.84%	(2.48%)
ALGM Allegro MicroSystems, Inc.	$6.0B	395×	81.2×	+27.45% (above 0%: growing)	n/m	−72.61% (below 0%: shrinking)	48.45%	9.82%	Compare
PI Impinj, Inc.	$5.8B	— (loss-making)	— (loss-making)	+10.70% (above 0%: growing)	0.00%	+6.83% (above 0%: growing)	58.63%	9.69%	Compare
CRUS Cirrus Logic, Inc.	$5.4B	12.8×	21.4×	+12.88% (above 0%: growing)	+29.91% (above 0%: growing)	−57.11% (below 0%: shrinking)	52.61%	18.37%	Compare
SYNA Synaptics Incorporated	$4.7B	— (loss-making)	— (loss-making)	+8.91% (above 0%: growing)	n/m	+9.29% (above 0%: growing)	47.34%	(5.23%)	Compare
VSH Vishay Intertechnology, Inc.	$4.4B	134×	73.7×	+16.57% (above 0%: growing)	+1,318.92% (above 0%: growing)	+114.09% (above 0%: growing)	23.34%	6.02%	Compare
Median of peers	$5.9B	39.5×	58.5×	+17.45%	+29.91%	−48.86%	51.39%	9.76%

All 67 Semiconductors stocks →

MaxLinear, Inc (MXL) key facts

Strength: MaxLinear, Inc’s revenue for fiscal 2025 (year ended December 2025) was $467.6 million, up 29.7% from fiscal 2024.
MaxLinear, Inc (MXL) is a Semiconductors company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, MXL traded at $71.32, a market capitalization of $7.1 billion.
Return on equity was −28.2% and debt-to-equity 0.26.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 1.90 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.