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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	378.02	360.53	693.26	1,120	892.4	478.6
Revenue Growth (YoY)	-15.65%	-47.99%	-38.12%	25.53%	86.46%	50.89%
Cost of Revenue	167.33	165.75	307.6	470.48	396.57	232.85
Gross Profit	210.68	194.78	385.66	649.77	495.83	245.74
Selling, General & Admin	138.19	138.33	132.16	168.01	149.94	130.03
Research & Development	206.54	225.19	269.5	296.44	278.44	179.99
Operating Expenses	344.73	363.52	401.66	464.45	428.38	310.02
Operating Income	-134.05	-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	4.37	6.39	6.05	0.25	0.08	0.41
Other Non Operating Income (Expenses)	-4.29	3.12	-1.31	1.58	0.76	-1.17
EBT Excluding Unusual Items	-144.44	-170.1	-21.96	177.38	55.3	-77.99
Merger & Restructuring Charges	-43.34	-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	-1.24	-2.44	-2.81	-	-0.09
Other Unusual Items	-	-	-	-	-5.22	-
Pretax Income	-203.02	-238.72	-63.81	174.2	47.87	-114.85
Income Tax Expense	6.9	6.48	9.34	49.16	5.9	-16.26
Net Income	-209.92	-245.2	-73.15	125.04	41.97	-98.59
Net Income to Common	-209.92	-245.2	-73.15	125.04	41.97	-98.59
Net Income Growth	-	-	-	197.93%	-	-
Shares Outstanding (Basic)	85	84	81	78	76	73
Shares Outstanding (Diluted)	85	84	81	81	80	73
Shares Change (YoY)	3.56%	3.57%	-0.16%	1.47%	8.95%	3.00%
EPS (Basic)	-2.47	-2.93	-0.91	1.60	0.55	-1.35
EPS (Diluted)	-2.47	-2.93	-0.91	1.55	0.53	-1.35
EPS Growth	-	-	-	192.45%	-	-
Free Cash Flow	-68.97	-62.98	29.92	347.47	129.06	61.11
Free Cash Flow Per Share	-0.81	-0.75	0.37	4.30	1.62	0.84
Gross Margin	55.73%	54.03%	55.63%	58.00%	55.56%	51.35%
Operating Margin	-35.46%	-46.80%	-2.31%	16.54%	7.56%	-13.43%
Profit Margin	-55.53%	-68.01%	-10.55%	11.16%	4.70%	-20.60%
Free Cash Flow Margin	-18.24%	-17.47%	4.32%	31.02%	14.46%	12.77%
EBITDA	-87.82	-114.6	55.52	266.05	151.86	8.34
EBITDA Margin	-23.23%	-31.79%	8.01%	23.75%	17.02%	1.74%
D&A For EBITDA	46.22	54.14	71.52	80.73	84.41	72.62
EBIT	-134.05	-168.74	-16	185.32	67.45	-64.28
EBIT Margin	-35.46%	-46.80%	-2.31%	16.54%	7.56%	-13.43%
Effective Tax Rate	-	-	-	28.22%	12.33%	-

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

SEC Filings: 10-K · 10-Q