Maxlinear, Inc
MXL Nasdaq· Semiconductors & Related Devices
Last close · Oct 26, 2026
$66.47
KIRA · Stoqly’s AI analyst, in plain words
- Maxlinear, Inc had $468M of revenue in fiscal 2025, up 29.7% on the year before. Over five years, revenue changed −0.5% a year on average.
- Its operating margin was −27.1%, up 34.8 pts: of every 100 in sales, about −27 is left after running the business.
- Maxlinear, Inc lost $137M in fiscal 2025.
- Free cash flow was $7.0M in fiscal 2025, 1.5% of revenue.
- Maxlinear, Inc returned $20.0M to shareholders in fiscal 2025, 285% of free cash flow. The diluted share count rose 3.6%.
- Maxlinear, Inc owes $50.8M more than it holds in cash.
Market cap
$6.5B
P/E
—
Revenue
$468M
Net income
−$137M
Free cash flow
$7.0M
Operating margin
−27.1%
Maxlinear, Inc in 30 seconds · fiscal 2025
Are sales growing?
+29.7%
Yes. Sales grew 29.7% last year.
Does it make a profit?
−29.2%
No. It lost money last year.
Does profit turn into cash?
1.5%
Partly. 1.5% of sales ends up as free cash.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Maxlinear, Inc does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Jan 29, 2026
- Legal name
- MAXLINEAR, INC
- CIK
- 0001288469
Maxlinear, Inc · MXL
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $892M | $1.1B | $693M | $361M | $468M |
| Revenue growth | 86.5% | 25.5% | −38.1% | −48.0% | 29.7% |
| Gross margin | 55.6% | 58.0% | 55.6% | 54.0% | 56.8% |
| Operating margin | 7.3% | 16.1% | −5.5% | −62.0% | −27.1% |
| Net income | $42.0M | $125M | −$73.1M | −$245M | −$137M |
| Net margin | 4.7% | 11.2% | −10.6% | −68.0% | −29.2% |
| Diluted EPS | $0.53 | $1.55 | −$0.91 | −$2.93 | −$1.58 |
| Cash | |||||
| Cash from operations | $168M | $389M | $43.4M | −$45.3M | $19.6M |
| Capital expenditure | $39.2M | $41.3M | $13.5M | $17.7M | $12.6M |
| Free cash flow | $129M | $347M | $29.9M | −$63.0M | $7.0M |
| FCF margin | 14.5% | 31.0% | 4.3% | −17.5% | 1.5% |
| Share buybacks | $23.5M | $31.5M | $0.0M | $0.0M | $20.0M |
| Share count change | 9.0% | 1.5% | −0.2% | 3.6% | 3.6% |
| Debt and strength | |||||
| Cash and short-term investments | $131M | $206M | $187M | $119M | $72.8M |
| Debt incl. finance leases | $306M | $122M | $122M | $123M | $124M |
| Shareholders' equity | $489M | $676M | $686M | $516M | $452M |
| Net debt / EBITDA | 1.1x | −0.3x | −1.9x | — | — |
| Current ratio | 1.9x | 1.7x | 2.2x | 1.8x | 1.3x |
| Interest coverage | 5.0x | 18.5x | −3.6x | −20.5x | −12.6x |
| Returns and quality | |||||
| Return on capital | 8.6% | 21.8% | −4.9% | −33.9% | −19.9% |
| Return on equity | 9.5% | 21.5% | −10.7% | −40.8% | −28.2% |
| Return on tangible equity | 139.9% | 48.0% | −24.9% | −171.8% | −161.9% |
| Piotroski F-score | 8 | 7 | 4 | 1 | 5 |
| Altman Z'' | 2.0 | 3.5 | 2.8 | −0.5 | −1.2 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$60.6M
8 insiders
Of sales under plans
1%
$0.8M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Maxlinear, Inc · MXL
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $66.47 a share, the company is worth $6.5B.
Source: SEC EDGAR XBRL filings (CIK 0001288469). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.