MAXLINEAR, INC

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

For the Quarterly Period Ended September 30, 2026

OR

For the Transition Period From to

Commission file number:001-34666

MaxLinear, Inc.

(Exact name of registrant as specified in its charter)

(760)692-0711

(Registrant’s telephone number, including area code)

N/A

(Former name, former address and former fiscal year, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☑ No☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☑ No☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐ No☑

As of October 15, 2026, the registrant had 91,000,008 shares of common stock, par value $0.0001, outstanding.

QUARTERLY REPORT ON FORM 10-Q

TABLE OF CONTENTS

Note About Forward-Looking Statements

As used herein, "MaxLinear," "Company," "we," "us," "our," and similar terms include MaxLinear, Inc. and its subsidiaries, unless the context indicates otherwise.

This Quarterly Report on Form 10-Q, or Form 10-Q, including any information that may be incorporated by reference herein, contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, referred to as the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. In some cases, you can identify forward-looking statements by terms such as “anticipate,” “believe,” “continue,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “potential,” “predict,” “should,” “will” or the negative of these terms or other comparable terminology. These statements involve known and unknown risks, uncertainties and situations that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these statements. Factors that could cause or contribute to such differences include those discussed in Part I, Item 2, “Management's Discussion and Analysis of Financial Condition and Results of Operations” in this Form 10-Q and Part I, Item 1A, “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (our “2025 Annual Report”), as updated (if applicable) in this Form 10-Q and other documents we file with the SEC. Such factors include but are not limited to:

•our terminated merger with Silicon Motion and related arbitration and class action complaint and the risks related to potential payment of damages;

•the effect of intense and increasing competition;

•increased tariffs, export controls or imposition of additional trade barriers; impacts of global economic conditions;

•the cyclical nature of the semiconductor industry;

•a significant variance in our operating results and its impact on the volatility of our stock price, and our ability to sustain our current level of revenue, which has previously declined, and/or manage future growth effectively;

•escalating trade wars, military conflicts and other geopolitical and economic tensions among the countries in which we conduct business;

•international geopolitical and military conflicts;

•our ability to obtain or retain government authorization to export certain of our products or technology;

•the loss of, or a significant reduction in, orders from major customers;

•legal proceedings or potential violations of regulations;

•information technology failures;

• a potential future decrease in the average selling prices of our products;

•failure to penetrate new applications and markets;

•development delays and consolidation trends in our industry;

•inability to make substantial and productive research and development investments;

•delays or expenses caused by undetected defects or bugs in our products;

•substantial quarterly and annual fluctuations in our revenue and operating results;

•failure to timely develop and introduce new or enhanced products;

•order and shipment uncertainties and differences between our estimates of customer demand and product mix and our actual results;

•failure to accurately predict our future revenue and appropriately budget expenses; lengthy and expensive customer qualification processes;

•customer product plan cancellations;

•failure to maintain compliance with government regulations;

•failure to attract and retain qualified personnel;

•any adverse impact of rising interest rates on us, our customers, and our distributors and related demand;

•risks related to compliance with privacy, data protection and cybersecurity laws and regulations;

•risks related to conforming our products to industry standards;

•risks related to business acquisitions and investments;

•claims of intellectual property infringement;

•our ability to protect our intellectual property;

•security vulnerabilities of our products;

•use of open source software in our products;

•failure to manage our relationships with, or negative impacts from, third parties; and

•future decisions relating to our stock repurchase program.

Additional risks and uncertainties not presently known to us or that we currently deem immaterial may also adversely affect our business, financial condition, results of operations or the market price of our common stock. We encourage investors to review these factors carefully. We may from time to time make additional disclosures that may amend, supplement or supersede the risks and uncertainties disclosed herein, including those made in our 2025 Annual Report. Forward-looking statements speak only as of the date of this Form 10-Q. However, we do not undertake to update any forward-looking statement that may be made from time to time by or on behalf of us, whether as a result of new information, future events, or otherwise, except as required by law. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.