MaxLinear Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	508.9	467.64	360.53	693.26	1,120	892.4
Revenue Growth (YoY)	40.89%	29.71%	-47.99%	-38.12%	25.53%	86.46%
Cost of Revenue	218.03	201.83	165.75	307.6	470.48	396.57
Gross Profit	290.87	265.81	194.78	385.66	649.77	495.83
Selling, General & Admin	165.45	159.58	138.33	132.16	168.01	149.94
Research & Development	206.3	208.6	225.19	269.5	296.44	278.44
Other Operating Expenses	17.12	24.53	54.62	22.22	5.08	2.2
Total Operating Expenses	388.87	392.7	418.13	423.88	469.53	430.59
Operating Income	-98.01	-126.89	-223.35	-38.22	180.24	65.25
Interest Income	3.15	3.39	6.39	6.05	0.25	0.08
Interest Expense	-9.75	-10.06	-10.87	-10.7	-9.77	-13
Other Non-Operating Income (Expense)	-5.94	-7.33	-10.88	-20.94	3.48	-4.46
Total Non-Operating Income (Expense)	-12.54	-14	-15.37	-25.59	-6.05	-17.38
Pretax Income	-110.54	-140.89	-238.72	-63.81	174.2	47.87
Provision for Income Taxes	23.58	-4.21	6.48	9.34	49.16	5.9
Net Income	-60.03	-136.68	-245.2	-73.15	125.04	41.97
Net Income to Common	-60.03	-136.68	-245.2	-73.15	125.04	41.97
Net Income Growth	-	-	-	-	197.93%	-
Shares Outstanding (Basic)	87	87	84	81	78	76
Shares Outstanding (Diluted)	87	87	84	81	81	80
Shares Change (YoY)	3.36%	3.57%	3.57%	-0.16%	1.47%	8.95%
EPS (Basic)	-1.52	-1.58	-2.93	-0.91	1.60	0.55
EPS (Diluted)	-1.52	-1.58	-2.93	-0.91	1.55	0.53
EPS Growth	-	-	-	-	192.45%	-
Shares Outstanding	89.53	86.45	84.61	81.82	78.75	76.78
Free Cash Flow	20.28	7.02	-62.98	29.92	347.47	129.06
Free Cash Flow Growth	188.82%	-	-	-91.39%	169.24%	111.20%
Free Cash Flow Per Share	0.23	0.08	-0.75	0.37	4.30	1.62
Gross Margin	57.16%	56.84%	54.03%	55.63%	58.00%	55.56%
Operating Margin	-19.26%	-27.13%	-61.95%	-5.51%	16.09%	7.31%
Profit Margin	-11.80%	-29.23%	-68.01%	-10.55%	11.16%	4.70%
FCF Margin	3.98%	1.50%	-17.47%	4.32%	31.02%	14.46%
EBITDA	-54.22	-82.9	-169.21	33.3	260.97	157.04
EBITDA Margin	-10.66%	-17.73%	-46.93%	4.80%	23.30%	17.60%
EBIT	-98.01	-126.89	-223.35	-38.22	180.24	65.25
EBIT Margin	-19.26%	-27.13%	-61.95%	-5.51%	16.09%	7.31%
Effective Tax Rate	-21.33%	2.99%	-2.71%	-14.63%	28.22%	12.33%

Updated Apr 23, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q