MaxLinear, Inc. Income Statement
MXL / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
MaxLinear, Inc. reported $468M in revenue and $137M in net loss for FY2025. Revenue has grown at a 14.3% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
- Conservative debt: Debt-to-equity ratio of 0.27
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $467.6M | $360.5M | $693.3M | $1.1B | $892.4M | $62.0M | $317.2M | $385.0M | $420.3M | $387.8M | $300.4M | $133.1M | $119.6M | $97.7M | $71.9M |
| Cost of Revenue | $201.8M | $165.7M | $307.6M | $470.5M | $396.6M | $265.8M | $149.5M | $176.2M | $212.4M | $157.8M | $144.9M | $51.2M | $46.7M | $37.1M | $26.7M |
| Gross Profit | $265.8M | $194.8M | $385.7M | $649.8M | $495.8M | $212.8M | $167.7M | $208.8M | $208.0M | $230.0M | $155.4M | $82.0M | $73.0M | $60.6M | $45.2M |
| SG&A Expense | $159.6M | $138.3M | $132.2M | $168.0M | $149.9M | $130.0M | $88.8M | $101.8M | $105.8M | $64.5M | $78.0M | $34.2M | $32.2M | $27.3M | $20.2M |
| R&D Expense | $208.6M | $225.2M | $269.5M | $296.4M | $278.4M | $180.0M | $98.3M | $120.0M | $112.3M | $97.7M | $85.4M | $56.6M | $53.1M | $46.5M | $40.2M |
| Operating Income | -$126.9M | -$223.4M | -$38.2M | $180.2M | $65.2M | -$101.1M | -$22.1M | -$19.1M | -$21.7M | $63.1M | -$43.6M | -$8.9M | -$12.3M | -$13.1M | -$15.1M |
| Interest Expense | - | - | $10.7M | $9.8M | $13.0M | $13.0M | $11.1M | $14.3M | $10.4M | $104.0K | $100.0K | $15.0K | $4.0K | $53.0K | $69.0K |
| Income Tax | -$4.2M | $6.5M | $9.3M | $49.2M | $5.9M | -$16.3M | -$12.6M | -$6.7M | -$24.8M | $2.4M | -$575.0K | -$1.7M | $402.0K | $341.0K | $7.0M |
| Net Income | -$136.7M | -$245.2M | -$73.1M | $125.0M | $42.0M | -$98.6M | -$19.9M | -$26.2M | -$9.2M | $61.3M | -$42.3M | -$7.0M | -$12.7M | -$13.3M | -$22.0M |
| EPS (Basic) | -$0.91 | $1.60 | $0.55 | -$1.35 | -$0.28 | -$0.38 | -$0.14 | $0.96 | -$0.79 | -$0.19 | -$0.37 | -$0.40 | -$0.68 | $0.33 | $0.06 |
| EPS (Diluted) | -$0.91 | $1.55 | $0.53 | -$1.35 | -$0.28 | -$0.38 | -$0.14 | $0.91 | -$0.79 | -$0.19 | -$0.37 | -$0.40 | -$0.68 | $0.30 | $0.06 |
| Shares Outstanding | 84.6M | 81.8M | 78.7M | 76.8M | 74.5M | 71.9M | 69.6M | 67.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Margin | 56.8% | 54.0% | 55.6% | 58.0% | 55.6% | 343.1% | 52.9% | 54.2% | 49.5% | 59.3% | 51.7% | 61.6% | 61.0% | 62.1% | 62.9% |
| Operating Margin | -27.1% | -62.0% | -5.5% | 16.1% | 7.3% | -163.1% | -7.0% | -5.0% | -5.2% | 16.3% | -14.5% | -6.7% | -10.3% | -13.4% | -21.0% |
| Profit Margin | -29.2% | -68.0% | -10.5% | 11.2% | 4.7% | -158.9% | -6.3% | -6.8% | -2.2% | 15.8% | -14.1% | -5.3% | -10.6% | -13.6% | -30.6% |