FY2025 · ended Dec 31, 2025 · Revenue $467.64M, +29.7% YoY · Filed Jan 29, 2026
MaxLinear, Inc. (MXL) files with the SEC under industry code 3674, Semiconductors & Related Devices. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $467.6 million and a net loss of $136.7 million. Free cash flow was $7.0 million. As of Sep 30, 2026 it held $81.1 million in cash and investments and $186.0 million in total debt.
Revenue (TTM)
$660.53M
+56.0% vs year-ago TTM
Net income (TTM)
$-29.37M
+83.6% vs year-ago TTM
Operating cash flow (TTM)
$-7.25M
+61.1% vs year-ago TTM
Free cash flow (TTM)
$-20.62M
+30.6% vs year-ago TTM
EPS (TTM)
$-0.33
+84.2% vs year-ago TTM
Dividend per share
None
Shares outstanding
86.45M
+2.1% vs prior year
Net cash
$-104.92M
as of Sep 30, 2026
Operating margin
-0.9%
FY 2026
Company profile
- Industry
- Semiconductors & Related Devices (SIC 3674)
- Listed as
- MXL (Nasdaq)
- Fiscal year ends
- December 31
- Headquarters
- Carlsbad, CA
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1288469
- Former names
- MAXLINEAR INC (until Jan 26, 2023)
Other Semiconductors & Related Devices companies
- Nvidia Corp NVDA
- Broadcom Inc. AVGO
- Micron Technology Inc MU
- Advanced Micro Devices Inc AMD
- Intel Corp INTC
- Applied Materials Inc /DE AMAT
- Texas Instruments Inc TXN
- Arm Holdings PLC /UK ARM
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $467.6M | $360.5M | $693.3M | $1.1B | $892.4M |
| Operating income | -$126.9M | -$223.4M | -$38.2M | $180.2M | $65.2M |
| Net income | -$136.7M | -$245.2M | -$73.1M | $125.0M | $42.0M |
| Diluted EPS | -$1.58 | -$2.93 | -$0.91 | $1.55 | $0.53 |
| Operating cash flow | $19.6M | -$45.3M | $43.4M | $388.7M | $168.2M |
| Free cash flow | $7.0M | -$63.0M | $29.9M | $347.5M | $129.1M |
| Total assets | $796.4M | $864.6M | $1.1B | $1.2B | $1.1B |
| Total liabilities | $344.5M | $348.4M | $394.0M | $503.6M | $561.2M |
| Stockholders' equity | $451.9M | $516.3M | $686.3M | $676.4M | $489.2M |
| Cash and investments | $72.8M | $118.6M | $187.3M | $205.9M | $135.6M |
| Total debt | $145.0M | $149.4M | $157.8M | $155.6M | $339.7M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 22, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Material agreement, Results of operations, New debt
|
Oct 22, 2026 | Oct 22, 2026 |
| 10-Q | Quarterly report | Jul 23, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 23, 2026 | Jul 23, 2026 |
| 8-K |
Current report
Auditor change
|
Jun 1, 2026 | May 28, 2026 |
| 8-K |
Current report
Officer or director change, Shareholder vote results
|
May 21, 2026 | May 20, 2026 |
All 1003 MaxLinear, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.