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Companies / Information Technology / MaxLinear, Inc.
MXL

MaxLinear, Inc.

Ticker MXLCARLSBAD, CAFiscal year ends DecemberBook value per share $5.46Diluted shares 88.8M

MaxLinear, Inc. is a fabless semiconductor design company headquartered in Carlsbad, California. The company's website is www.maxlinear.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$467.64MFY2025
+29.7% year over year
Last 12 mo $568.93M
-27.13%FY2025
+34.8 percentage points
Last 12 mo -13.64%
$-136.68MFY2025
+44.3% year over year
Last 12 mo $-103.76M
-24.66%FY2025
+12.5 percentage points
Last 12 mo -21.40%
Cash & financing
$19.62MFY2025
+143.3% year over year
Last 12 mo $16.47M
$7.02MFY2025
+111.1% year over year
Last 12 mo $3.31M
0.27FY2025
Was 0.24× a year earlier
Last 12 mo 0.26
86.6MFY2025
+3.6% year over year
Last 12 mo 88.8M

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. 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.

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
48.6%
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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