Skip to content

MaxLinear MXL Q2 2024 earnings

Reported July 24, 2024 · After market close

Revenue$92.0MMiss by $8.1M
EPS-$0.25Miss by $0.05
Revenue estimate$100.0M
EPS estimate-$0.20

Next report

Oct 22, 2026 (in 3 months)
Revenue estimate$207.4M
EPS estimate$0.56

Financials

Q2 2024

Income statement

See full
Revenue$92.0M-50.0%
Gross profit$50.2M-51.2%
Operating income-$40.8M-588%
Net income-$39.3M-802%
EPS (diluted)-$0.47-840%

Balance sheet

See full
Cash & equivalents$185.1M-17.6%
Total debt$153.8M-4.9%
Total equity$617.3M-17.3%
Total assets$973.2M-16.2%

Cash flow

See full
Operating cash flow-$2.7M-109%
CapEx$3.0M-40.2%
Free cash flow-$5.7M-122%

Valuation & ratios

Valuation

as of 06/30/24
See full
Market cap$1.66B-35.3%
Enterprise value$1.63B-34.9%
P/S3.7×+1.2×

Profitability

See full
Gross margin54%-2.9pp
Operating margin-39%-50.4pp
Net margin-42.4%-48.8pp

Returns & leverage

See full
Return on equity-27.9%-37.7pp
Debt / equity0.2×0.0×
Current ratio2.1×-0.2×

Segments

By product

See full
Infrastructure$31.8M-35.5%
Industrial and multi-market$25.1M-41.8%
Broadband$21.8M-59.2%
Connectivity$13.3M-65.0%

By geography

See full
Asia$72.4M-43.6%
Europe$11.4M-74.7%
Rest of world$1.0M-41.4%

By segment

See full
Reportable Segment$92.0M-46.9%

Versus estimates

Ask the moment MaxLinear reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did MaxLinear report Q2 2024 earnings?
MaxLinear (MXL) reported Q2 2024 earnings on July 24, 2024 after market close.
What were MaxLinear's Q2 2024 revenue and EPS?
MaxLinear reported revenue of $92.0M and eps of $-0.25 for Q2 2024.
Did MaxLinear beat estimates in Q2 2024?
Revenue missed the consensus estimate of $100.0M by $8.1M. EPS missed the consensus estimate of $-0.20 by $0.05.
Where can I find MaxLinear's Q2 2024 SEC filings?
You can read the 10-Q periodic report (0001288469-24-000112) directly on SEC EDGAR. The filing index links above go to sec.gov.