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MaxLinear MXL Industrial and multi-market — Net revenue

Other product segments

Infrastructure
$85.02M+145%
Broadband
$44.88M-5.6%
Connectivity
$23.97M+15.6%

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Other financials

Income statement

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Revenue$168.8M+55.2%
Gross profit$97.7M+58.7%
Operating income-$4.2M+83.0%
Net income$1.8M+107%
EPS (diluted)$0.02+106%

Balance sheet

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Cash & equivalents$64.8M-40.3%
Total debt$148.2M+0.4%
Total equity$484.8M-0.7%
Total assets$822.6M-4.8%

Cash flow

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Operating cash flow-$8.9M+22.2%
CapEx$2.3M+99.5%
Free cash flow-$10.3M+23.4%

Valuation

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Market cap$6.12B+362%
Enterprise value$6.2B+355%
P/S10.8×+7.2×

Profitability

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Gross margin57.5%+1.7pp
Operating margin-13.6%-5.7pp
Net margin-18.2%-7.3pp
FCF margin2%+1.0pp

Returns & leverage

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Return on equity-21.3%-6.5pp
Debt / equity0.3×0.0×
Current ratio1.8×+0.2×

Where this comes from

Reported directly by MaxLinear in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: MaxLinear’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001288469-26-000051
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
% of net revenue50%32%48%30%
Broadband44,88247,55688,50888,439
% of net revenue27%44%29%43%
Connectivity23,96820,74142,56340,976
% of net revenue14%19%14%20%
Industrial and multi-market14,9815,80727,13414,061
% of net revenue9%5%9%7%
Total net revenue$168,847$108,813$306,035$204,746

Item 1. Financial Statements (unaudited)

FAQ

What is MaxLinear's industrial and multi-market — net revenue?
MaxLinear (MXL) reported industrial and multi-market — net revenue of $14.98M in Q2 2026.
How has MaxLinear's industrial and multi-market — net revenue changed year-over-year?
MaxLinear's industrial and multi-market — net revenue increased by 158.0% year-over-year, from $5.81M to $14.98M.
What is the long-term trend for MaxLinear's industrial and multi-market — net revenue?
Over 4 years (2021 to 2025), MaxLinear's industrial and multi-market — net revenue has grown at a -27.1% compound annual growth rate (CAGR), from $131.21M to $37.06M.
What does industrial and multi-market — net revenue mean?
This metric represents the total net revenue generated specifically from the industrial and multi-market product segment. It captures sales from integrated circuits and mixed-signal solutions sold into diverse applications outside of the core broadband and connectivity markets. This revenue stream serves as a key indicator of the company's diversification strategy and its ability to penetrate non-traditional end-markets.

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