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Companies / Information Technology / MaxLinear, Inc.
MXL

MaxLinear, Inc.

Ticker MXLCARLSBAD, CAFiscal year ends DecemberBook value per share $5.96Diluted shares 89.5M

MaxLinear, Inc. (Nasdaq: MXL) designs communications systems-on-chip for broadband, mobile and wireline infrastructure, data centers, and industrial and multi-market applications. Its integrated circuits combine radio-frequency, analog and mixed-signal functions with digital signal processing, security, networking and… From the company’s description.

In fiscal 2025, MaxLinear, Inc. reported revenue of $467.64M, up 29.7% from fiscal 2024, and a net loss of $136.68M. Its operating margin was −27.1%, and operations generated $19.62M in cash. Over the twelve months to Sep 30, 2026, revenue was $660.53M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$467.64MFY2025
+29.7% year over year
Last 12 mo $660.53M
-27.13%FY2025
+34.8 percentage points
Last 12 mo -0.92%
$-136.68MFY2025
+44.3% year over year
Last 12 mo $-29.37M
-24.66%FY2025
+12.5 percentage points
Last 12 mo -5.51%
Cash & financing
$19.62MFY2025
+143.3% year over year
Last 12 mo $-7.25M
$7.02MFY2025
+111.1% year over year
Last 12 mo $-20.62M
0.27FY2025
Was 0.24× a year earlier
Last 12 mo 0.31
86.6MFY2025
+3.6% year over year
Last 12 mo 89.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What MaxLinear, Inc. does

In the company’s own words

MaxLinear, Inc. (Nasdaq: MXL) designs communications systems-on-chip for broadband, mobile and wireline infrastructure, data centers, and industrial and multi-market applications. Its integrated circuits combine radio-frequency, analog and mixed-signal functions with digital signal processing, security, networking and power-management capabilities. Customers include electronics distributors, module makers, original equipment manufacturers and original design manufacturers, whose products include 4G and 5G infrastructure equipment, data-center optical transceivers, home-networking routers, broadband modems and industrial systems. MaxLinear operates as a fabless semiconductor company, relying on third-party foundries and contractors to manufacture, assemble and test its products. Its portfolio serves data-center infrastructure, 5G wireless infrastructure, broadband access, connectivity, and industrial and multi-market applications; the company does not identify reportable segments in the information provided. In fiscal 2025, revenue from its ten largest customers represented approximately 65% of net revenue, and its research and development group had approximately 786 employees at year-end. Its website is www.maxlinear.com.

Company details
Sector
Information Technology
Industry (SIC)
Semiconductors
Headquarters
CARLSBAD, CA
Fiscal year end
December
CIK
1288469
SIC
3674

Financial performance, year by year

Fiscal 2013–2025 · USD
$-381.74M$27.89M$437.53M$847.16M$1.26B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns MaxLinear, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

355
funds hold it
0 of 35
superinvestors hold it
$4.85B
held by funds, at market
48.5%
of shares held by funds

Largest fund holders · MaxLinear, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.58%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.34%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.13%of fund net assets
0.11%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

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”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do MaxLinear, Inc. and its peers compare on margins and cash generation over ten years?”
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