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Other financials

Income statement

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Revenue$137.2M+43.0%
Gross profit$78.9M+46.5%
Operating income-$17.2M+62.7%
Net income-$45.1M+9.2%
EPS (diluted)-$0.52+10.3%

Balance sheet

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Cash & equivalents$61.1M-40.6%
Total debt$151.2M+1.6%
Total equity$454.2M-7.9%
Total assets$771.3M-9.8%

Cash flow

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Operating cash flow-$8.9M+22.2%
CapEx$1.4M-30.4%
Free cash flow-$10.3M+23.4%

Valuation

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Market cap$7.95B+63.6%
Enterprise value$8.04B+65.1%
P/S15.6×+2.2×

Profitability

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Gross margin57.2%+2.0pp
Operating margin-19.3%-7.5pp
Net margin-26%-9.5pp
FCF margin2%+1.0pp

Returns & leverage

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Return on equity-27.9%-6.3pp
Debt / equity0.3×0.0×
Current ratio1.7×+0.1×

Where this comes from

Reported directly by MaxLinear in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost.

The official record: MaxLinear’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MaxLinear's R&D?
MaxLinear (MXL) reported R&D of $53.16M in Q1 2026.
How has MaxLinear's R&D changed year-over-year?
MaxLinear's R&D decreased by 4.1% year-over-year, from $55.46M to $53.16M.
What is the long-term trend for MaxLinear's R&D?
Over 4 years (2021 to 2025), MaxLinear's R&D has grown at a -7.0% compound annual growth rate (CAGR), from $278.44M to $208.6M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.