MAXLINEAR, INC
For the period ended Dec 31, 2025. Filed Jan 29, 2026.
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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.
FY2025 · Filed Jan 29, 2026
MXL$55.91+13.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
(in thousands, except per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Net revenue | $467,641 | $360,528 | $693,263 |
| Cost of net revenue | 201,827 | 165,746 | 307,600 |
| Gross profit | 265,814 | 194,782 | 385,663 |
| Operating expenses: | |||
| Research and development | 208,599 | 225,189 | 269,504 |
| Selling, general and administrative | 159,580 | 138,329 | 132,156 |
| Impairment losses | — | 1,237 | 2,438 |
| Restructuring charges | 24,525 | 53,379 | 19,786 |
| Total operating expenses | 392,704 | 418,134 | 423,884 |
| Loss from operations | (126,890) | (223,352) | (38,221) |
| Interest income | 3,385 | 6,386 | 6,053 |
| Interest expense | (10,056) | (10,874) | (10,702) |
| Other expense, net | (7,333) | (10,877) | (20,940) |
| Total other income (expense), net | (14,004) | (15,365) | (25,589) |
| Loss before income taxes | (140,894) | (238,717) | (63,810) |
| Income tax provision (benefit) | (4,213) | 6,481 | 9,337 |
| Net loss | $(136,681) | $(245,198) | $(73,147) |
| Net loss per share: | |||
| Basic | $(1.58) | $(2.93) | $(0.91) |
| Diluted | $(1.58) | $(2.93) | $(0.91) |
| Shares used to compute net loss per share: | |||
| Basic | 86,588 | 83,600 | 80,719 |
| Diluted | 86,588 | 83,600 | 80,719 |
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