# MaxLinear Inc. (MXL)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $6.23B  
**Price:** $71.95 (-0.91%)

> MaxLinear Inc. is a semiconductor company that provides high-performance communications system-on-chip solutions to customers worldwide. The company focuses on integrating radio frequency, high-performance analog, mixed-signal, digital signal processing, security, networking, and power management functions into highly integrated chips tailored for modern connectivity needs. Its products are used in a range of electronic equipment, including 4G/5G wireless infrastructure such as base-station and backhaul radios, optical transceivers for data centers and telecom networks, broadband modems, Wi-Fi and wireline routers for home networking, and various power management and interface applications. MaxLinear’s technology helps enable high-speed data transmission, video distribution, and broadband access across cable, satellite, fiber, and copper networks, serving communications, networking, and consumer electronics markets. Incorporated in 2003 and headquartered in Carlsbad, California, MaxLinear plays a specialized role in the information technology and semiconductor ecosystem as a provider of core connectivity and signal-processing components.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $468M | $266M | -$127M | -$137M | — |
| 2024 | $361M | $195M | -$223M | -$245M | — |
| 2023 | $693M | $386M | -$38M | -$73M | — |
| 2022 | $1.12B | $650M | $180M | $125M | — |
| 2021 | $892M | $496M | $65M | $42M | — |
| 2020 | $479M | $213M | -$101M | -$99M | — |
| 2019 | $317M | $168M | -$22M | -$20M | — |
| 2018 | $385M | $209M | -$19M | -$26M | — |
| 2017 | $420M | $208M | -$22M | -$9M | — |
| 2016 | $388M | $230M | $63M | $61M | — |
| 2015 | $300M | $155M | -$44M | -$42M | — |
| 2014 | $133M | $82M | -$9M | -$7M | — |
| 2013 | $120M | $73M | -$12M | -$13M | — |
| 2012 | $98M | $61M | -$13M | -$13M | — |
| 2011 | $72M | $45M | -$15M | -$22M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $796M | $345M | $452M | $73M | $124M |
| 2024 | $865M | $348M | $516M | $119M | $123M |
| 2023 | $1.08B | $394M | $686M | $187M | $122M |
| 2022 | $1.18B | $504M | $676M | $187M | $122M |
| 2021 | $1.05B | $561M | $489M | $131M | $306M |
| 2020 | $1.02B | $631M | $391M | $149M | $370M |
| 2019 | $706M | $291M | $415M | $93M | $207M |
| 2018 | $744M | $344M | $400M | $73M | $256M |
| 2017 | $825M | $437M | $387M | $72M | $348M |
| 2016 | $423M | $70M | $352M | $81M | — |
| 2015 | $335M | $72M | $263M | $68M | — |
| 2014 | $136M | — | $99M | $21M | — |
| 2013 | $125M | — | $87M | $26M | — |
| 2012 | $111M | — | $80M | $22M | — |
| 2011 | $112M | — | $93M | $28M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $20M | $13M | $7M |
| 2024 | -$45M | $18M | -$63M |
| 2023 | $43M | $13M | $30M |
| 2022 | $389M | $41M | $347M |
| 2021 | $168M | $39M | $129M |
| 2020 | $74M | $12M | $61M |
| 2019 | $78M | $7M | $71M |
| 2018 | $103M | $8M | $95M |
| 2017 | $75M | $7M | $68M |
| 2016 | $117M | $9M | $109M |
| 2015 | $55M | $3M | $52M |
| 2014 | $12M | $9M | $3M |
| 2013 | $13M | $3M | $10M |
| 2012 | $8M | $5M | $2M |
| 2011 | -$7M | $3M | -$10M |

Source: [CompaniesByCap](https://companiesbycap.com/company/MXL)