MAXLINEAR, INC
Business
MaxLinear, Inc. is a fabless integrated circuit design company that provides communications systems-on-chip (SoCs) for broadband, mobile and wireline infrastructure, data center, and industrial applications. The company's products integrate radio frequency, high-performance analog, mixed-signal, digital signal processing, security, data compression, networking, and power management functions in complementary metal-oxide-semiconductor (CMOS) technology. MaxLinear sells to electronics distributors, original equipment manufacturers (OEMs), original design manufacturers (ODMs), and module makers primarily in Asia, with a significant portion of revenue through distributors.
Summary from 10-K filed 2026-01-29
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net revenue | 468 | 361 | 693 | 1,120 | 892 | |
| Cost of net revenue | 202 | 166 | 308 | 470 | 397 | |
| Gross profit | 266 | 195 | 386 | 650 | 496 | |
| Research and development | 209 | 225 | 270 | 296 | 278 | |
| Selling, general and administrative | 160 | 138 | 132 | 168 | 150 | |
| Impairment losses | 0 | 1 | 2 | 3 | 0 | |
| Restructuring charges | 25 | 53 | 20 | 2 | 2 | |
| Total operating expenses | 393 | 418 | 424 | 470 | 431 | |
| Loss from operations | −127 | −223 | −38 | 180 | 65 | |
| Interest income | 3 | 6 | 6 | 245,000 | 78,000 | |
| Interest expense | −10 | −11 | −11 | −10 | — | |
| Other expense, net | −7 | −11 | −21 | 3 | 764,000 | |
| Total other income (expense), net | −14 | −15 | −26 | −6 | −17 | |
| Loss before income taxes | −141 | −239 | −64 | 174 | 48 | |
| Income tax provision (benefit) | −4 | 7 | 9 | 49 | 6 | |
| Net loss | −137 | −245 | −73 | 125 | 42 | |
| Basic ( in usd per share) | −1.58 | −2.93 | −0.91 | 1.6 | 0.55 | |
| Diluted (in usd per share) | −1.58 | −2.93 | −0.91 | 1.55 | 0.53 | |
| Basic (in shares) | 87 | 84 | 81 | 78 | 76 | |
| Diluted (in shares) | 87 | 84 | 81 | 81 | 80 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 73 | 119 | 187 | 187 | 131 | |
| Short-term restricted cash | 1 | 1 | 1 | 982,000 | 105,000 | |
| Accounts receivable, net | 46 | 85 | 171 | 171 | 120 | |
| Inventory | 78 | 90 | 100 | 161 | 132 | |
| Prepaid expenses and other current assets | 50 | 28 | 29 | 25 | 22 | |
| Total current assets | 249 | 323 | 488 | 563 | 404 | |
| Long-term restricted cash | 27 | 25,000 | 17,000 | 22,000 | 1 | |
| Property and equipment, net | 49 | 59 | 66 | 79 | 61 | |
| Leased right-of-use assets | 16 | 18 | 31 | 29 | 27 | |
| Intangible assets, net | 49 | 55 | 74 | 109 | 153 | |
| Goodwill | 319 | 319 | 319 | 307 | 307 | |
| Deferred tax assets | 77 | 69 | 69 | 66 | 89 | |
| Other long-term assets | 11 | 21 | 33 | 27 | 9 | |
| Total assets | 796 | 865 | 1,080 | 1,180 | 1,050 | |
| Accounts payable | 38 | 31 | 22 | 69 | 53 | |
| Accrued price protection liability | 27 | 43 | 72 | 113 | 41 | |
| Accrued expenses and other current liabilities | 72 | 87 | 98 | 100 | 57 | |
| Accrued compensation | 49 | 20 | 30 | 59 | 57 | |
| Total current liabilities | 186 | 182 | 222 | 341 | 207 | |
| Long-term lease liabilities | 12 | 17 | 26 | 23 | 25 | |
| Long-term debt | 124 | 123 | 122 | 122 | 306 | |
| Other long-term liabilities | 23 | 26 | 23 | 17 | 23 | |
| Total liabilities | 345 | 348 | 394 | 504 | 561 | |
| Commitments and contingencies | — | — | — | — | — | |
| Preferred stock, $0.0001 par value; 25,000 shares authorized, no shares issued or outstanding | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.0001 par value; 550,000 shares authorized; 86,451 shares issued and outstanding at December 31, 2025 and 84,613 shares issued and outstanding December 31, 2024 | 9,000 | 8,000 | 8,000 | 8,000 | 8,000 | |
| Additional paid-in capital | 951 | 887 | 809 | 723 | 657 | |
| Accumulated other comprehensive income (loss) | 1 | −7 | −4 | −1 | 2 | |
| Accumulated deficit | −500 | −364 | −119 | −45 | −170 | |
| Total stockholders equity | 452 | 516 | 686 | 676 | 489 | |
| Total liabilities and stockholders equity | 796 | 865 | 1,080 | 1,180 | 1,050 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Amortization and depreciation | 44 | 54 | 72 | 81 | 92 | |
| Impairment of investments and other assets | 700,000 | 14 | 0 | 0 | — | |
| Amortization of debt issuance costs and accretion of discounts | 2 | 3 | 3 | 2 | 3 | |
| Stock-based compensation | 77 | 66 | 55 | 82 | 59 | |
| Deferred income taxes | −9 | 826,000 | −4 | 23 | −3 | |
| Loss on disposal of property and equipment | 1 | 1 | 2 | 170,000 | 533,000 | |
| Gain on sale of investments | 0 | 0 | −434,000 | −3 | 0 | |
| Unrealized holding loss on investments | 0 | 0 | 2 | 1 | 0 | |
| Impairment of leased right-of-use assets | 427,000 | 6 | 0 | 462,000 | 400,000 | |
| Gain on settlement of pension | 0 | 0 | −1 | 0 | 0 | |
| Gain on extinguishment of lease liabilities | −521,000 | −555,000 | 0 | 0 | 0 | |
| (Gain) loss on foreign currency and other | 6 | −1 | 2 | −2 | 634,000 | |
| Excess tax (benefits) deficiencies on stock-based awards | 4 | 3 | −253,000 | −10 | −7 | |
| Accounts receivable, net | 39 | 85 | 1 | −51 | −52 | |
| Inventory | 12 | 10 | 61 | −29 | −34 | |
| Prepaid expenses and other assets | −12 | −2 | −9 | 2 | 24 | |
| Accounts payable, accrued expenses and other current liabilities | −12 | −5 | −29 | 66 | 13 | |
| Accrued compensation | 35 | 919,000 | 10 | 42 | 34 | |
| Accrued price protection liability | −17 | −28 | −42 | 74 | — | |
| Lease liabilities | −11 | −11 | −12 | −11 | −10 | |
| Other long-term liabilities | −3 | 3 | 5 | −6 | 8 | |
| Net cash provided by (used in) operating activities | 20 | −45 | 43 | 389 | 168 | |
| Purchases of property and equipment | −13 | −18 | −13 | −41 | −39 | |
| Purchases of intangible assets | −7 | −6 | −6 | −11 | −8 | |
| Cash used in acquisition, net of cash acquired | 0 | 0 | −13 | 0 | −40 | |
| Sale of trading securities | 0 | 0 | 17 | 0 | 0 | |
| Net cash used in investing activities | −20 | −23 | −16 | −92 | −92 | |
| Payment of debt issuance cost | 0 | 0 | −18 | 0 | −4 | |
| Net proceeds from issuance of common stock | 4 | 4 | 5 | 5 | 9 | |
| Minimum tax withholding paid on behalf of employees for restricted stock units | −2 | −3 | −13 | −29 | −13 | |
| Repurchase of common stock | −20 | 0 | 0 | −32 | −24 | |
| Net cash provided by (used in) financing activities | −19 | 1 | −26 | −240 | −92 | |
| Effect of exchange rate changes on cash and cash equivalents | 644,000 | −1 | −1 | 56,000 | −3 | |
| Increase (decrease) in cash, cash equivalents and restricted cash | −18 | −69 | −1,000 | 57 | −18 | |
| Cash paid for interest | 9 | 10 | 9 | 9 | 11 | |
| Cash paid for income taxes | 6 | 8 | 29 | 24 | 4 | |
| Cash received for dividend income on investments | 0 | 0 | 716,000 | 0 | 0 | |
| Issuance of shares for payment of bonuses | 6 | 11 | 39 | 39 | 24 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is MAXLINEAR, INC's CIK number?
MAXLINEAR, INC's SEC CIK number is 0001288469 (1288469). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find MAXLINEAR, INC's SEC filings?
All of MAXLINEAR, INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did MAXLINEAR, INC last report earnings?
MAXLINEAR, INC (MXL) most recently filed an earnings 8-K with the SEC on Apr 23, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001288469-26-000027). This is MAXLINEAR, INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is MAXLINEAR, INC's most recent earnings 8-K?
MAXLINEAR, INC's latest earnings 8-K (Item 2.02) was filed Apr 23, 2026 under accession 0001288469-26-000027. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View MAXLINEAR, INC's latest earnings 8-K →
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