MAXLINEAR INC
For the period ended Dec 31, 2024. Filed Jan 29, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Jan 29, 2025
MXL$55.91+13.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in thousands, except per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Net revenue | $360,528 | $693,263 | $1,120,252 |
| Cost of net revenue | 165,746 | 307,600 | 470,483 |
| Gross profit | 194,782 | 385,663 | 649,769 |
| Operating expenses: | |||
| Research and development | 225,189 | 269,504 | 296,442 |
| Selling, general and administrative | 138,329 | 132,156 | 168,008 |
| Impairment losses | 1,237 | 2,438 | 2,811 |
| Restructuring charges | 53,379 | 19,786 | 2,265 |
| Total operating expenses | 418,134 | 423,884 | 469,526 |
| Income (loss) from operations | (223,352) | (38,221) | 180,243 |
| Interest income | 6,386 | 6,053 | 245 |
| Interest expense | (10,874) | (10,702) | (9,768) |
| Other income (expense), net | (10,877) | (20,940) | 3,478 |
| Total other income (expense), net | (15,365) | (25,589) | (6,045) |
| Income (loss) before income taxes | (238,717) | (63,810) | 174,198 |
| Income tax provision | 6,481 | 9,337 | 49,158 |
| Net income (loss) | $(245,198) | $(73,147) | $125,040 |
| Net income (loss) per share: | |||
| Basic | $(2.93) | $(0.91) | $1.60 |
| Diluted | $(2.93) | $(0.91) | $1.55 |
| Shares used to compute net income (loss) per share: | |||
| Basic | 83,600 | 80,719 | 78,039 |
| Diluted | 83,600 | 80,719 | 80,852 |
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