MaxLinear, Inc. (MXL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 137.19M | 136.44M | 126.46M | 108.81M | 95.93M | 92.17M | 81.1M | 91.99M | 95.27M | 125.35M | 135.53M | 183.94M | 248.44M | 290.59M | 285.73M | 280.01M | 263.93M | 247.89M | 229.77M | 205.38M |
| Revenue Growth % | 43% | 48.03% | 55.93% | 18.29% | 0.7% | -26.47% | -40.16% | -49.99% | -61.65% | -56.86% | -52.57% | -34.31% | -5.87% | 17.22% | 24.35% | 36.34% | 26.06% | 27.31% | 46.7% | 214.9% |
| Cost of Goods Sold | 58.3M | 57.88M | 54.91M | 47.88M | 42.69M | 41.51M | 37.61M | 42.4M | 46.59M | 57.41M | 62.24M | 81.78M | 109.06M | 128.56M | 119.78M | 118.58M | 115.51M | 112.04M | 105.79M | 98.65M |
| COGS % of Revenue | 42.5% | 42.42% | 43.42% | 44% | 44.5% | 45.04% | 46.38% | 46.09% | 48.91% | 45.79% | 45.92% | 44.46% | 43.9% | 44.24% | 41.92% | 42.35% | 43.77% | 45.2% | 46.04% | 48.03% |
| Gross Profit | 78.88M | 78.56M | 71.55M | 60.93M | 53.24M | 50.66M | 43.49M | 49.59M | 48.68M | 67.95M | 73.29M | 102.16M | 139.38M | 162.03M | 165.95M | 161.42M | 148.41M | 135.85M | 123.98M | 106.73M |
| Gross Margin % | 57.5% | 57.58% | 56.58% | 56% | 55.5% | 54.96% | 53.62% | 53.91% | 51.09% | 54.21% | 54.08% | 55.54% | 56.1% | 55.76% | 58.08% | 57.65% | 56.23% | 54.8% | 53.96% | 51.97% |
| Gross Profit Growth % | 48.17% | 55.08% | 64.53% | 22.87% | 9.37% | -25.45% | -40.66% | -51.46% | -65.08% | -58.06% | -55.83% | -36.71% | -6.09% | 19.27% | 33.85% | 51.25% | 40.48% | 76.69% | 106.12% | 292.48% |
| Operating Expenses | 95.62M | 93.45M | 101.58M | 79.97M | 91.45M | 88.77M | 82.17M | 89.55M | 100.66M | 99.04M | 91.06M | 103.66M | 105.02M | 116.88M | 113.37M | 121.95M | 100.29M | 106.51M | 99.89M | 102.69M |
| OpEx % of Revenue | 69.7% | 68.49% | 80.32% | 73.49% | 95.33% | 96.32% | 101.31% | 97.35% | 105.66% | 79.01% | 67.18% | 56.36% | 42.27% | 40.22% | 39.68% | 43.55% | 38% | 42.97% | 43.47% | 50% |
| Selling, General & Admin | 42.46M | 41.96M | 47.32M | 32.77M | 36M | 37.49M | 29.56M | 33.01M | 35.9M | 33.79M | 24.75M | 33.01M | 37.73M | 43.16M | 36.93M | 41.56M | 34.4M | 33.19M | 32.36M | 28.27M |
| SG&A % of Revenue | 30.95% | 30.75% | 37.42% | 30.12% | 37.52% | 40.68% | 36.45% | 35.88% | 37.68% | 26.96% | 18.26% | 17.95% | 15.18% | 14.85% | 12.93% | 14.84% | 13.03% | 13.39% | 14.08% | 13.76% |
| Research & Development | 53.16M | 51.69M | 54.25M | 47.2M | 55.46M | 51.28M | 52.6M | 56.54M | 64.77M | 65.25M | 66.31M | 70.66M | 67.29M | 73.72M | 76.44M | 80.39M | 65.89M | 73.32M | 67.54M | 74.42M |
| R&D % of Revenue | 38.75% | 37.89% | 42.9% | 43.38% | 57.81% | 55.64% | 64.86% | 61.46% | 67.98% | 52.05% | 48.92% | 38.41% | 27.08% | 25.37% | 26.75% | 28.71% | 24.96% | 29.58% | 29.39% | 36.23% |
| Other Operating Expenses | 0 | -198K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -17.21M | -14.89M | -30.02M | -19.04M | -38.22M | -38.12M | -38.68M | -39.95M | -51.99M | -31.09M | -17.76M | -1.5M | 34.36M | 45.14M | 52.58M | 39.47M | 48.13M | 29.34M | 24.09M | 4.04M |
| Operating Margin % | -12.54% | -10.91% | -23.74% | -17.49% | -39.84% | -41.36% | -47.69% | -43.43% | -54.57% | -24.81% | -13.11% | -0.82% | 13.83% | 15.54% | 18.4% | 14.1% | 18.23% | 11.83% | 10.48% | 1.97% |
| Operating Income Growth % | 54.97% | 60.93% | 22.37% | 52.36% | 26.49% | -22.58% | -117.73% | -2561.89% | -251.28% | -168.88% | -133.79% | -103.8% | -28.6% | 53.88% | 118.3% | 876.47% | 232.28% | 231.87% | 201.1% | 119.61% |
| EBITDA | -17.21M | -4.1M | -21.02M | -7.82M | -28.99M | -28.29M | -28.54M | -28.33M | -37.43M | -16.62M | -2.93M | 15.04M | 51.15M | 61.5M | 68.7M | 57.06M | 69.95M | 51.76M | 45.36M | 24.22M |
| EBITDA Margin % | -12.54% | -3.01% | -16.62% | -7.18% | -30.22% | -30.69% | -35.19% | -30.79% | -39.29% | -13.26% | -2.16% | 8.18% | 20.59% | 21.17% | 24.04% | 20.38% | 26.5% | 20.88% | 19.74% | 11.79% |
| EBITDA Growth % | 40.65% | 85.49% | 26.35% | 72.4% | 22.53% | -70.17% | -874.13% | -288.32% | -173.17% | -127.03% | -104.26% | -73.64% | -26.88% | 18.83% | 51.46% | 135.59% | 99.75% | 5525.16% | 1165.79% | 597.43% |
| D&A (Non-Cash Add-back) | 0 | 10.79M | 9.01M | 11.22M | 9.22M | 9.83M | 10.14M | 11.63M | 14.56M | 14.47M | 14.83M | 16.54M | 16.79M | 16.36M | 16.12M | 17.59M | 21.82M | 22.42M | 21.27M | 20.18M |
| EBIT | 0 | -15.41M | -40.74M | -28.19M | -46.5M | -38.02M | -79.84M | -38.62M | -71.36M | -39.72M | -38.8M | -2.17M | 27.59M | 43.01M | 47.3M | 46.27M | 47.39M | 30.88M | 23.71M | -3.54M |
| Net Interest Income | 0 | -1.56M | -1.77M | -1.7M | -1.64M | -1.76M | -1M | -835K | -889K | -1.13M | -979K | -688K | -1.85M | -2.22M | -2.65M | -2.33M | -2.32M | -2.37M | -2.62M | -3.72M |
| Interest Income | 633K | 835K | 874K | 812K | 864K | 1.04M | 1.65M | 1.87M | 1.82M | 1.78M | 1.74M | 1.9M | 633K | 70K | 62K | 82K | 31K | 32K | 28K | 18K |
| Interest Expense | -2.2M | 2.39M | 2.65M | 2.51M | 2.5M | 2.8M | 2.65M | 2.71M | 2.71M | 2.91M | 2.71M | 2.59M | 2.49M | 2.29M | 2.71M | 2.42M | 2.35M | 2.4M | 2.65M | 3.74M |
| Other Income/Expense | -1.44M | -2.91M | -13.36M | -11.67M | -10.79M | -2.71M | -43.82M | -1.37M | -22.09M | -11.54M | -23.75M | -3.26M | -9.26M | -4.43M | -7.99M | 4.38M | -3.09M | -858K | -3.03M | -11.32M |
| Pretax Income | -18.65M | -17.8M | -43.39M | -30.7M | -49M | -40.82M | -82.5M | -41.33M | -74.07M | -42.63M | -41.52M | -4.76M | 25.1M | 40.71M | 44.59M | 43.85M | 45.04M | 28.48M | 21.06M | -7.28M |
| Pretax Margin % | -13.6% | -13.05% | -34.31% | -28.21% | -51.08% | -44.29% | -101.72% | -44.92% | -77.75% | -34.01% | -30.63% | -2.59% | 10.1% | 14.01% | 15.61% | 15.66% | 17.06% | 11.49% | 9.17% | -3.54% |
| Income Tax | 26.48M | -2.91M | 2.1M | -4.12M | 711K | 17.02M | -6.71M | -2.06M | -1.76M | -4.13M | -1.69M | -409K | 15.57M | 9.63M | 16.19M | 11.89M | 11.45M | 303K | 11.8M | -8.01M |
| Effective Tax Rate % | -142% | 16.32% | -4.83% | 13.4% | -1.45% | -41.68% | 8.14% | 4.98% | 2.38% | 9.69% | 4.07% | 8.59% | 62.02% | 23.66% | 36.3% | 27.1% | 25.43% | 1.06% | 56.04% | 110.07% |
| Net Income | -45.14M | -14.9M | -45.48M | -26.59M | -49.71M | -57.84M | -75.78M | -39.27M | -72.31M | -38.5M | -39.83M | -4.35M | 9.53M | 31.08M | 28.41M | 31.97M | 33.59M | 28.18M | 9.26M | 733K |
| Net Margin % | -32.9% | -10.92% | -35.97% | -24.43% | -51.82% | -62.75% | -93.44% | -42.69% | -75.9% | -30.71% | -29.39% | -2.37% | 3.84% | 10.7% | 9.94% | 11.42% | 12.73% | 11.37% | 4.03% | 0.36% |
| Net Income Growth % | 9.2% | 74.24% | 39.98% | 32.29% | 31.25% | -50.23% | -90.28% | -802.46% | -858.51% | -223.87% | -240.2% | -113.61% | -71.62% | 10.31% | 206.85% | 4260.98% | 783.38% | 214.2% | 125.26% | 103.36% |
| Net Income (Continuing) | -45.14M | -14.9M | -45.48M | -26.59M | -49.71M | -57.84M | -75.78M | -39.27M | -72.31M | -38.5M | -39.83M | -4.35M | 9.53M | 31.08M | 28.41M | 31.97M | 33.59M | 28.18M | 9.26M | 733K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.52 | -0.17 | -0.52 | -0.31 | -0.58 | -0.68 | -0.90 | -0.47 | -0.88 | -0.47 | -0.49 | -0.05 | 0.12 | 0.38 | 0.35 | 0.40 | 0.42 | 0.35 | 0.12 | 0.01 |
| EPS Growth % | 10.34% | 75% | 42.22% | 34.04% | 34.09% | -44.68% | -83.67% | -768.76% | -833.33% | -223.68% | -240% | -113.53% | -71.43% | 8.57% | 191.67% | 3900% | 740% | 206.06% | 124% | 103.33% |
| EPS (Basic) | -0.52 | -0.17 | -0.52 | -0.31 | -0.58 | -0.68 | -0.90 | -0.47 | -0.88 | -0.47 | -0.49 | -0.05 | 0.12 | 0.40 | 0.36 | 0.41 | 0.44 | 0.37 | 0.12 | 0.01 |
| Diluted Shares Outstanding | 87.59M | 87.24M | 87.19M | 86.63M | 85.27M | 84.48M | 84.07M | 83.48M | 82.35M | 81.68M | 81.25M | 80.45M | 81.34M | 82.41M | 80.06M | 80.28M | 80.64M | 81.57M | 79.81M | 79.03M |
| Basic Shares Outstanding | 87.59M | 87.24M | 87.19M | 86.63M | 85.27M | 84.48M | 84.07M | 83.48M | 82.35M | 81.68M | 81.25M | 80.45M | 79.47M | 78.65M | 78.44M | 77.86M | 77.19M | 76.75M | 76.58M | 75.93M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |