MaxLinear, Inc. (MXL) income statement
NASDAQ · Technology · Semiconductors · 1,115 employees · CEO Kishore Seendripu
- Price
- $67.47 -5.78%
- Market cap
- $6.12B
- Enterprise value
- $6.22B
- Last report
- Q3 '26 filed 2026-10-22
- Next report
- 2027-02-04 EPS est. $0.79
MaxLinear, Inc. (MXL) reported revenue of $218M for Q3 '26 (+72.4% year on year), operating income of $30.2M (13.9% of revenue) and net income of $28.9M. Over the last four quarters revenue was $661M.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $125M | $95.3M | $92M | $81.1M | $92.2M | $95.9M | $109M | $126M | $136M | $137M | $169M | $218M | |
| Cost of revenue | $57.4M | $46.6M | $42.4M | $37.6M | $41.5M | $42.7M | $47.9M | $54.9M | $57.9M | $58.3M | $71.2M | $90M | |
| Gross profit | $67.9M | $48.7M | $49.6M | $43.5M | $50.7M | $53.2M | $60.9M | $71.6M | $78.6M | $78.9M | $97.7M | $128M | |
| Research & development | $65.3M | $64.8M | $56.5M | $52.6M | $51.3M | $55.5M | $47.2M | $54.3M | $51.7M | $53.2M | $56M | $60.6M | |
| General & administrative | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $36.9M | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$198K | $0 | $64K | $254K | |
| Operating expenses | $99M | $101M | $89.5M | $82.2M | $88.8M | $91.5M | $80M | $102M | $93.4M | $95.6M | $102M | $97.8M | |
| Operating income | -$31.1M | -$52M | -$40M | -$38.7M | -$38.1M | -$38.2M | -$19M | -$30M | -$14.9M | -$16.7M | -$4.19M | $30.2M | |
| Interest income | $1.78M | $1.82M | $1.87M | $1.65M | $1.04M | $864K | $812K | $874K | $835K | $633K | $474K | $465K | |
| Interest expense | $2.91M | $2.71M | $2.71M | $2.66M | $2.8M | $2.5M | $2.51M | $2.65M | $2.39M | $2.2M | $2.27M | $2.69M | |
| Other non-operating income (gains on investments, FX ...) | $8.63M | $19.4M | -$1.34M | $41.2M | -$97K | $8.28M | $9.15M | $10.7M | $520K | -$280K | -$570K | -$635K | |
| Total non-operating income | -$11.5M | -$22.1M | -$1.37M | -$43.8M | -$2.71M | -$10.8M | -$11.7M | -$13.4M | -$2.91M | -$1.92M | -$2.37M | -$2.06M | |
| Income before tax | -$42.6M | -$74.1M | -$41.3M | -$82.5M | -$40.8M | -$49M | -$30.7M | -$43.4M | -$17.8M | -$18.7M | -$6.55M | $28.2M | |
| Income tax | -$4.13M | -$1.76M | -$2.06M | -$6.71M | $17M | $711K | -$4.12M | $2.1M | -$2.91M | $26.5M | -$8.31M | -$732K | |
| Net income | -$38.5M | -$72.3M | -$39.3M | -$75.8M | -$57.8M | -$49.7M | -$26.6M | -$45.5M | -$14.9M | -$45.1M | $1.76M | $28.9M | |
| EPS (basic) | -$0.47 | -$0.88 | -$0.47 | -$0.90 | -$0.68 | -$0.58 | -$0.31 | -$0.52 | -$0.17 | -$0.52 | $0.02 | $0.32 | |
| EPS (diluted) | -$0.47 | -$0.88 | -$0.47 | -$0.90 | -$0.68 | -$0.58 | -$0.31 | -$0.52 | -$0.17 | -$0.52 | $0.02 | $0.30 | |
| Shares (basic, weighted) | 81.7M | 82.3M | 83.5M | 84.1M | 84.5M | 85.3M | 86.6M | 87.2M | 87.2M | 87.6M | 88.8M | 90.8M | |
| Shares (diluted, weighted) | 81.7M | 82.3M | 83.5M | 84.1M | 84.5M | 85.3M | 86.6M | 87.2M | 87.2M | 87.6M | 88.8M | 97.7M | |
| Depreciation & amortization | $14.5M | $14.6M | $11.6M | $10.1M | $9.83M | $9.22M | $11.2M | $9.01M | $10.8M | $10.9M | $7.19M | $8.85M | |
| EBITDA | -$25.3M | -$56.8M | -$27M | -$69.7M | -$28.2M | -$37.3M | -$17M | -$31.7M | -$4.62M | -$5.52M | $3.58M | $39.7M |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $388M | $420M | $385M | $317M | $479M | $892M | $1.12B | $693M | $361M | $468M | |
| Cost of revenue | $158M | $242M | $208M | $173M | $289M | $420M | $482M | $310M | $168M | $202M | |
| Gross profit | $230M | $179M | $177M | $145M | $189M | $472M | $638M | $383M | $192M | $266M | |
| Research & development | $97.7M | $112M | $120M | $98.3M | $180M | $278M | $296M | $270M | $225M | $209M | |
| Other operating expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $24.5M | |
| Operating expenses | $156M | $179M | $190M | $164M | $272M | $405M | $452M | $399M | $361M | $393M | |
| Operating income | $73.5M | -$147K | -$13.1M | -$19.4M | -$83M | $67.4M | $185M | -$16M | -$169M | -$127M | |
| Interest income | $572K | $274K | $78K | $775K | $409K | $78K | $245K | $6.05M | $6.39M | $3.39M | |
| Interest expense | $104K | $10.4M | $14.3M | $11.1M | $13M | $13M | $9.77M | $10.7M | $10.9M | $10.1M | |
| Other non-operating income (gains on investments, FX ...) | $9.82M | $23.5M | $5.54M | $1.93M | $18.9M | $6.58M | $1.35M | $37.1M | $59.1M | -$24.5M | |
| Total non-operating income | -$9.82M | -$33.9M | -$19.8M | -$13.1M | -$31.9M | -$19.6M | -$11.1M | -$47.8M | -$70M | -$14M | |
| Income before tax | $63.7M | -$34M | -$32.9M | -$32.5M | -$115M | $47.9M | $174M | -$63.8M | -$239M | -$141M | |
| Income tax | $2.4M | -$24.8M | -$6.65M | -$12.6M | -$16.3M | $5.9M | $49.2M | $9.34M | $6.48M | -$4.21M | |
| Net income | $61.3M | -$9.19M | -$26.2M | -$19.9M | -$98.6M | $42M | $125M | -$73.1M | -$245M | -$137M | |
| EPS (basic) | $0.96 | -$0.14 | -$0.38 | -$0.28 | -$1.35 | $0.55 | $1.60 | -$0.91 | -$2.93 | -$1.58 | |
| EPS (diluted) | $0.91 | -$0.14 | -$0.38 | -$0.28 | -$1.35 | $0.53 | $1.55 | -$0.91 | -$2.93 | -$1.58 | |
| Shares (basic, weighted) | 63.8M | 66.3M | 68.5M | 71M | 73.1M | 76M | 78M | 80.7M | 83.6M | 86.6M | |
| Shares (diluted, weighted) | 67.7M | 66.3M | 68.5M | 71M | 73.1M | 79.7M | 80.9M | 80.7M | 83.6M | 86.6M | |
| Depreciation & amortization | $26.7M | $66.7M | $79M | $64.3M | $72.6M | $84.4M | $71.9M | $62.6M | $46.2M | $44M | |
| EBITDA | $90.4M | $43.1M | $60.4M | $43M | -$29.3M | $145M | $256M | $9.53M | -$182M | -$58.4M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
Data as of 2026-11-02