MaxLinear Income 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
Revenue	467.64	360.53	693.26	1,120	892.4
Revenue Growth (YoY)	29.71%	-47.99%	-38.12%	25.53%	86.46%
Cost of Revenue	201.83	165.75	307.6	470.48	396.57
Gross Profit	265.81	194.78	385.66	649.77	495.83
Selling, General & Admin	159.58	138.33	132.16	168.01	149.94
Research & Development	208.6	225.19	269.5	296.44	278.44
Operating Expenses	368.18	363.52	401.66	464.45	428.38
Operating Income	-102.37	-168.74	-16	185.32	67.45
Interest Expense	-10.06	-10.87	-10.7	-9.77	-13
Interest & Investment Income	3.39	6.39	6.05	0.25	0.08
Other Non Operating Income (Expenses)	-6.63	3.12	-1.31	1.58	0.76
EBT Excluding Unusual Items	-115.67	-170.1	-21.96	177.38	55.3
Merger & Restructuring Charges	-24.53	-53.38	-38.09	-2.27	-2.2
Gain (Loss) on Sale of Investments	-0.7	-14	-1.33	1.9	-
Asset Writedown	-	-1.24	-2.44	-2.81	-
Other Unusual Items	-	-	-	-	-5.22
Pretax Income	-140.89	-238.72	-63.81	174.2	47.87
Income Tax Expense	-4.21	6.48	9.34	49.16	5.9
Net Income	-136.68	-245.2	-73.15	125.04	41.97
Net Income to Common	-136.68	-245.2	-73.15	125.04	41.97
Net Income Growth	-	-	-	197.93%	-
Shares Outstanding (Basic)	87	84	81	78	76
Shares Outstanding (Diluted)	87	84	81	81	80
Shares Change (YoY)	3.57%	3.57%	-0.16%	1.47%	8.95%
EPS (Basic)	-1.58	-2.93	-0.91	1.60	0.55
EPS (Diluted)	-1.58	-2.93	-0.91	1.55	0.53
EPS Growth	-	-	-	192.45%	-
Free Cash Flow	7.02	-62.98	29.92	347.47	129.06
Free Cash Flow Per Share	0.08	-0.75	0.37	4.30	1.62
Gross Margin	56.84%	54.03%	55.63%	58.00%	55.56%
Operating Margin	-21.89%	-46.80%	-2.31%	16.54%	7.56%
Profit Margin	-29.23%	-68.01%	-10.55%	11.16%	4.70%
Free Cash Flow Margin	1.50%	-17.47%	4.32%	31.02%	14.46%
EBITDA	-58.37	-114.6	55.52	266.05	134.17
EBITDA Margin	-12.48%	-31.79%	8.01%	23.75%	15.04%
D&A For EBITDA	43.99	54.14	71.52	80.73	66.72
EBIT	-102.37	-168.74	-16	185.32	67.45
EBIT Margin	-21.89%	-46.80%	-2.31%	16.54%	7.56%
Effective Tax Rate	-	-	-	28.22%	12.33%

Updated Jan 29, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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