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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:SellingGeneralAndAdministrativeExpense.

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
Gross profit97,66361,525176,547115,356
Operating expenses:
Research and development56,03347,199109,195102,656
Selling, general and administrative45,75133,36188,20869,950
Restructuring charges645,58053813,459
Total operating expenses101,84886,140197,941186,065
Loss from operations(4,185)(24,615)(21,394)(70,709)
Interest income4748121,1071,676

Item 1. Financial Statements (unaudited)

FAQ

What is MaxLinear's SG&A?
MaxLinear (MXL) reported SG&A of $45.75M in Q2 2026.
How has MaxLinear's SG&A changed year-over-year?
MaxLinear's SG&A increased by 37.1% year-over-year, from $33.36M to $45.75M.
What is the long-term trend for MaxLinear's SG&A?
Over 4 years (2021 to 2025), MaxLinear's SG&A has grown at a 1.6% compound annual growth rate (CAGR), from $149.94M to $159.58M.
What does SG&A mean?
Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

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