MXL

MAXLINEAR, INC

Ticker: MXLTechnologySemiconductors
HQ CARLSBAD, CACIK 1288469FY end 12-31Book / share $5.46Shares 89M
Revenue (FY)
$467.64M+29.71%
TTM $568.93M
Op. margin
-27.13%+34.82%
TTM -13.64%
Net income
$-136.68M+44.26%
TTM $-103.76M
Operating cash
$19.62M+143.31%
TTM $16.47M
Free cash flow
$7.02M+111.15%
TTM $3.31M
Return on equity
-24.66%+12.62%
TTM -21.40%
Debt / equity
0.27+0.04%
TTM 0.26
Shares outstanding
86.6M+3.57%
TTM 88.8M

The business

MaxLinear, Inc. (NASDAQ: MXIM) is a fabless semiconductor design company headquartered in Carlsbad, California. The company's website is www.maxlinear.com.

MaxLinear designs and markets communications systems-on-chip, or SoCs, that integrate radio frequency, high-performance analog, mixed-signal, digital signal processing, security engines, data compression, networking layers, and power management functionality. The company's core competency lies in combining analog and mixed-signal circuits with complex digital signal processing in complementary metal-oxide-semiconductor, or CMOS, technology, enabling highly integrated solutions with exceptional performance, low manufacturing cost, and reduced power consumption compared to competing approaches.

The company serves four primary markets: data center infrastructure, where its optical transceivers connect servers and storage within hyperscale data centers; 5G wireless infrastructure, where its radio transceivers support base-station and backhaul applications; broadband access, including modems for coaxial, fiber, fixed wireless, and digital subscriber line technologies; and connectivity and industrial applications, encompassing Wi-Fi routers, home networking gateways, and industrial automation products.

MaxLinear's customers include electronics distributors, module makers, original equipment manufacturers, and original design manufacturers that incorporate the company's products into a wide range of electronic devices. The company maintains a global sales organization with direct sales personnel in the United States, Europe, and Asia, supplemented by third-party sales representatives and distributors. As of December 31, 2025, MaxLinear employed approximately 786 research and development personnel across engineering design teams located in California, Singapore, China, Taiwan, India, Germany, Israel, and Spain.

The company operates as a fabless manufacturer, outsourcing wafer fabrication to independent foundries including Taiwan Semiconductor Manufacturing Corporation and United Microelectronics Corporation, with assembly and test services provided by specialized subcontractors. Products shipped to Asia accounted for 82 percent of net revenue during the fiscal year ended December 31, 2025, with significant portions destined for European and North American markets through Asian original design manufacturers and contract manufacturers.

Sector
Technology
Industry
Semiconductors
HQ
CARLSBAD, CA
FY end
12-31
CIK
1288469
SIC
3674
Financial performance · annual
20132025
$-381.74M$27.89M$437.53M$847.16M$1.26B2013201420152016201720182019202020212022202320242025TTMTTMTTM

Ownership

Who holds MAXLINEAR, INC — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

355
funds hold it
0 of 35
superinvestors hold it
$4.85B
fund-held value
48.6%
of shares held by funds

Top fund holders

Fund% of fundValue
iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.58%$648.99M
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%$345.81M
iShares Russell 2000 ETF
IWM · iShares Trust
0.34%$284.75M
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.13%$249.86M
VANGUARD INFORMATION TECHNOLOGY INDEX FUND
VGT · VANGUARD WORLD FUND
0.11%$191.73M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

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