MaxLinear, Inc. (MXL)

MaxLinear Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	423.37	360.53	693.26	1,120	892.4	478.6
Revenue Growth (YoY)	7.53%	-47.99%	-38.12%	25.53%	86.46%	50.89%
Cost of Revenue	184.87	165.75	307.6	470.48	396.57	232.85
Gross Profit	238.51	194.78	385.66	649.77	495.83	245.74
Selling, General & Admin	155.71	138.33	132.16	168.01	149.94	130.03
Research & Development	208.19	225.19	269.5	296.44	278.44	179.99
Operating Expenses	363.9	363.52	401.66	464.45	428.38	310.02
Operating Income	-125.39	-168.74	-16	185.32	67.45	-64.28
Interest Expense	-10.47	-10.87	-10.7	-9.77	-13	-12.95
Interest & Investment Income	3.59	6.39	6.05	0.25	0.08	0.41
Other Non Operating Income (Expenses)	10.14	3.12	-1.31	1.58	0.76	-1.17
EBT Excluding Unusual Items	-122.13	-170.1	-21.96	177.38	55.3	-77.99
Merger & Restructuring Charges	-27.78	-53.38	-38.09	-2.27	-2.2	-36.78
Gain (Loss) on Sale of Investments	-14	-14	-1.33	1.9	-	-
Asset Writedown	-	-1.24	-2.44	-2.81	-	-0.09
Other Unusual Items	-	-	-	-	-5.22	-
Pretax Income	-163.91	-238.72	-63.81	174.2	47.87	-114.85
Income Tax Expense	15.71	6.48	9.34	49.16	5.9	-16.26
Net Income	-179.62	-245.2	-73.15	125.04	41.97	-98.59
Net Income to Common	-179.62	-245.2	-73.15	125.04	41.97	-98.59
Net Income Growth	-	-	-	197.93%	-	-
Shares Outstanding (Basic)	86	84	81	78	76	73
Shares Outstanding (Diluted)	86	84	81	81	80	73
Shares Change (YoY)	3.62%	3.57%	-0.16%	1.47%	8.95%	3.00%
EPS (Basic)	-2.09	-2.93	-0.91	1.60	0.55	-1.35
EPS (Diluted)	-2.09	-2.93	-0.91	1.55	0.53	-1.35
EPS Growth	-	-	-	192.45%	-	-
Free Cash Flow	-29.71	-62.98	29.92	347.47	129.06	61.11
Free Cash Flow Per Share	-0.35	-0.75	0.37	4.30	1.62	0.84
Gross Margin	56.34%	54.03%	55.63%	58.00%	55.56%	51.35%
Operating Margin	-29.62%	-46.80%	-2.31%	16.54%	7.56%	-13.43%
Profit Margin	-42.43%	-68.01%	-10.55%	11.16%	4.70%	-20.60%
Free Cash Flow Margin	-7.02%	-17.47%	4.32%	31.02%	14.46%	12.77%
EBITDA	-80.47	-114.6	55.52	266.05	151.86	8.34
EBITDA Margin	-19.01%	-31.79%	8.01%	23.75%	17.02%	1.74%
D&A For EBITDA	44.92	54.14	71.52	80.73	84.41	72.62
EBIT	-125.39	-168.74	-16	185.32	67.45	-64.28
EBIT Margin	-29.62%	-46.80%	-2.31%	16.54%	7.56%	-13.43%
Effective Tax Rate	-	-	-	28.22%	12.33%	-

Updated Oct 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q