MAXLINEAR, INC
For the period ended Dec 31, 2025. Filed Jan 29, 2026.
View on SEC.govAbout this filing
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$53.83-3.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 · 2024 · 2023 | |||
| Operating Activities | |||
| Net loss | $(136,681) | $(245,198) | $(73,147) |
| Adjustments to reconcile net loss to cash provided by (used in) operating activities: | |||
| Amortization and depreciation | 43,992 | 54,140 | 71,516 |
| Impairment losses | — | 1,237 | 2,438 |
| Impairment of investments and other assets | 700 | 14,000 | — |
| Amortization of debt issuance costs and accretion of discounts | 1,929 | 2,538 | 2,561 |
| Stock-based compensation | 77,128 | 66,021 | 55,176 |
| Deferred income taxes | (8,595) | 826 | (4,452) |
| Loss on disposal of property and equipment | 1,247 | 1,068 | 2,057 |
| Gain on sale of investments | — | — | (434) |
| Unrealized holding loss on investments | — | — | 1,765 |
| Impairment of leased right-of-use assets | 427 | 5,555 | — |
| Gain on settlement of pension | — | — | (1,008) |
| Gain on extinguishment of lease liabilities | (521) | (555) | — |
| (Gain) loss on foreign currency and other | 6,159 | (1,253) | 2,475 |
| Excess tax (benefits) deficiencies on stock-based awards | 3,713 | 3,250 | (253) |
| Changes in operating assets and liabilities, net of effects of acquisitions: | |||
| Accounts receivable, net | 39,342 | 85,155 | 1,406 |
| Inventory | 12,239 | 9,565 | 60,636 |
| Prepaid expenses and other assets | (11,874) | (1,873) | (9,328) |
| Accounts payable, accrued expenses and other current liabilities | (12,484) | (4,569) | (29,431) |
| Accrued compensation | 34,762 | 919 | 9,708 |
| Accrued price protection liability | (16,908) | (28,283) | (41,562) |
| Lease liabilities | (11,497) | (10,695) | (11,671) |
| Other long-term liabilities | (3,459) | 2,857 | 4,920 |
| Net cash provided by (used in) operating activities | 19,619 | (45,295) | 43,372 |
| Investing Activities | |||
| Purchases of property and equipment | (12,598) | (17,680) | (13,454) |
| Purchases of intangible assets | (7,197) | (5,766) | (6,355) |
| Cash used in acquisition, net of cash acquired | — | — | (13,324) |
| Sale of trading securities | — | — | 17,198 |
| Net cash used in investing activities | (19,795) | (23,446) | (15,935) |
| Financing Activities | |||
| Payment of debt issuance cost | — | — | (18,325) |
| Net proceeds from issuance of common stock | 3,558 | 4,091 | 4,559 |
| Minimum tax withholding paid on behalf of employees for restricted stock units | (2,217) | (2,805) | (12,590) |
| Repurchase of common stock | (20,000) | — | — |
| Net cash provided by (used in) financing activities | (18,659) | 1,286 | (26,356) |
| Effect of exchange rate changes on cash and cash equivalents | 644 | (1,298) | (1,082) |
| Increase (decrease) in cash, cash equivalents and restricted cash | (18,191) | (68,753) | (1) |
| Cash, cash equivalents and restricted cash at beginning of period | 119,603 | 188,356 | 188,357 |
| Cash, cash equivalents and restricted cash at end of period | $101,412 | $119,603 | $188,356 |
| Supplemental disclosures of cash flow information: | |||
| Cash paid for interest | $8,598 | $9,743 | $9,481 |
| Cash paid for income taxes | $5,792 | $8,194 | $28,645 |
| Cash received for dividend income on investments | $— | $— | $716 |
| Supplemental disclosures of non-cash activities: | |||
| Issuance of shares for payment of bonuses | $5,921 | $10,992 | $38,648 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.