MaxLinear, Inc. (MXL) Stock

MaxLinear, Inc. (MXL) is a Technology stock trading at $65.35 (as of 2026-08-20), with a market capitalization of $5.93B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

MaxLinear designs radiofrequency and mixed-signal communications integrated circuits and related platform components for broadband, networking, and industrial applications. Its products are used in equipment such as cable and fiber/DSL broadband modems and gateways, home Wi‑Fi and wireline routers, cellular base-station and backhaul systems, and networking transport gear, serving original equipment manufacturers and ecosystem partners.

Understand MaxLinear, Inc.: how it makes money

MaxLinear makes radiofrequency and high-performance analog and mixed-signal communications SoCs for the connected home, wired and wireless infrastructure, and industrial applications, and it earns revenue by selling these communications system-on-chip solutions.

The company shows high gross margin (57.5%) but a negative operating margin (-12.5%), so near-term profitability is structurally driven by whether revenue can scale enough to cover operating costs.

Revenue by segment (latest quarter)
Infra & Market$0.1B
Broadband Access$0.0B

Business quality (Weak): Strong product gross margin versus operating losses, with segment revenue concentrated in infrastructure and broadband access.

Bull case

  • High gross margin (57.5%) suggests the underlying product economics can be attractive: If revenue holds up in the main demand areas, gross profit can support future cost absorption.
  • Segment revenue mix is anchored by Infrastructure and Market Revenue (0.06B) and Broadband Access Revenue (0.04B): This concentration can be a clear focus for investors watching execution in the core markets.

Bear case

  • Operating margin is negative (-12.5%) in the latest reported period: This indicates the company is not yet converting gross profit into operating income.
  • Working capital signals can pressure cash usage, including Days of Inventory (128) and Gross Inventory Turns (1.8): If inventory does not convert efficiently, it can add strain even when gross margins look healthy.
Valuation — source: SEC EDGAR (first-party)
Price$65.35
Market Cap$5.93B
Price / Book12.22
Price / Sales10.40
FCF Yield-0.5%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$467.64M
Net Margin-29.2%
Revenue Growth (YoY)29.7%
EPS Growth (YoY)-46.1%
FCF Growth (YoY)-111.1%
Financial Health — source: SEC EDGAR
Altman Z-Score9.12 (safe)
Piotroski F-Score5/9 (moderate)
Valuation vs Sector & Industry
Sector P/E (Technology)33.9
Industry P/E (Electronic Equipment)39.4
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($233.11M)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryElectronic Equipment
CEOKishore Seendripu
Employees1,294
CountryUS
IPO Date2010-03-24

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MXL earnings history · MXL institutional & insider holders · MXL KPIs & operating metrics · MXL financials · MXL investor presentations & press releases · MXL SEC filings · MXL peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.