MaxLinear Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-136.68	-245.2	-73.15	125.04	41.97
Depreciation & Amortization	43.99	54.14	71.52	80.73	91.79
Other Amortization	1.93	2.54	2.56	1.98	3
Loss (Gain) From Sale of Assets	1.25	1.07	2.06	0.17	0.53
Asset Writedown & Restructuring Costs	0.43	6.79	2.44	3.27	0.66
Loss (Gain) From Sale of Investments	0.7	14	1.33	-1.9	-
Stock-Based Compensation	77.13	66.02	55.18	81.7	59.36
Other Operating Activities	-2.96	-0.98	-2.99	21.63	2.62
Change in Accounts Receivable	39.34	85.16	1.41	-50.88	-51.69
Change in Inventory	12.24	9.57	60.64	-28.84	-33.69
Change in Accounts Payable	-12.48	-4.57	-29.43	65.82	12.77
Change in Other Net Operating Assets	-8.98	-37.08	-47.93	99.93	48.33
Operating Cash Flow	19.62	-45.3	43.37	388.73	168.23
Operating Cash Flow Growth	-	-	-88.84%	131.06%	128.60%
Capital Expenditures	-12.6	-17.68	-13.45	-41.25	-39.18
Cash Acquisitions	-	-	-13.32	-	-40
Sale (Purchase) of Intangibles	-7.2	-5.77	-6.36	-11.18	-7.58
Investment in Securities	-	-	17.2	-29.33	-5
Other Investing Activities	-	-	-	-10	-
Investing Cash Flow	-19.8	-23.45	-15.94	-91.76	-91.76
Long-Term Debt Issued	-	-	-	-	350
Long-Term Debt Repaid	-	-	-	-185	-409.81
Net Debt Issued (Repaid)	-	-	-	-185	-59.81
Issuance of Common Stock	3.56	4.09	4.56	5.01	8.78
Repurchase of Common Stock	-22.22	-2.81	-12.59	-60.41	-36.7
Other Financing Activities	-	-	-18.33	-	-4.17
Financing Cash Flow	-18.66	1.29	-26.36	-240.4	-91.9
Foreign Exchange Rate Adjustments	0.64	-1.3	-1.08	0.06	-2.87
Net Cash Flow	-18.19	-68.75	-0	56.62	-18.3
Free Cash Flow	7.02	-62.98	29.92	347.47	129.06
Free Cash Flow Growth	-	-	-91.39%	169.24%	111.20%
Free Cash Flow Margin	1.50%	-17.47%	4.32%	31.02%	14.46%
Free Cash Flow Per Share	0.08	-0.75	0.37	4.30	1.62
Cash Interest Paid	8.6	9.74	9.48	9.08	11.03
Cash Income Tax Paid	5.79	8.19	28.65	23.83	3.84
Levered Free Cash Flow	65.88	42.74	31.66	270.07	53.7
Unlevered Free Cash Flow	70.23	47	35.79	274.2	58.82
Change in Working Capital	30.12	53.08	-15.32	86.03	-24.28

Source: S&P Global Market Intelligence. Standard template. Financial Sources.