Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of MaxLinear.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $360.53M | $693.26M | $1.12B | $892.40M | $478.60M | $317.18M | $385.00M | $420.32M | $387.83M | $300.36M |
| Cost of Revenue | $165.75M | $307.60M | $470.48M | $396.57M | $265.80M | $149.50M | $176.22M | $212.35M | $157.84M | $144.94M |
| Gross Profit | $194.78M | $385.66M | $649.77M | $495.83M | $212.80M | $167.69M | $208.77M | $207.96M | $229.99M | $155.42M |
| Gross Profit Ratio | 54.03% | 55.63% | 58.00% | 55.56% | 44.46% | 52.87% | 54.23% | 49.48% | 59.30% | 51.75% |
| Research and Development Expenses | $225.19M | $269.50M | $296.44M | $278.44M | $179.99M | $98.34M | $120.05M | $112.28M | $97.75M | $85.41M |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $101.79M | $105.83M | $64.45M | $77.98M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $138.33M | $132.16M | $168.01M | $149.94M | $130.03M | $88.76M | $101.79M | $105.83M | $64.45M | $77.98M |
| Other Expenses | $54.62M | $- | $3.48M | $764.00K | $-1.17M | $-69.00K | $422.00K | $-2.22M | $59.00K | $468.00K |
| Operating Expenses | $418.13M | $423.88M | $464.45M | $428.38M | $310.02M | $187.11M | $221.84M | $218.11M | $162.20M | $163.39M |
| Cost and Expenses | $583.88M | $731.48M | $934.93M | $824.95M | $575.82M | $336.60M | $398.06M | $430.46M | $320.04M | $308.32M |
| Interest Income | $6.39M | $6.05M | $245.00K | $78.00K | $409.00K | $775.00K | $78.00K | $274.00K | $572.00K | $275.00K |
| Interest Expense | $10.87M | $10.70M | $9.77M | $13.00M | $12.95M | $11.13M | $14.26M | $10.38M | $104.00K | $100.00K |
| Depreciation and Amortization | $54.14M | $62.63M | $71.90M | $84.41M | $72.62M | $64.31M | $79.03M | $66.74M | $26.70M | $40.64M |
| EBITDA | $-173.70M | $9.53M | $255.86M | $145.27M | $-29.28M | $42.96M | $60.43M | $43.12M | $90.39M | $-2.27M |
| EBITDA Ratio | -48.18% | 1.37% | 22.84% | 16.28% | -6.12% | 13.55% | 15.70% | 10.26% | 23.31% | -0.75% |
| Operating Income | $-223.35M | $-38.22M | $180.24M | $65.25M | $-97.22M | $-18.71M | $-19.10M | $-21.67M | $63.06M | $-43.65M |
| Operating Income Ratio | -61.95% | -5.51% | 16.09% | 7.31% | -20.31% | -5.90% | -4.96% | -5.16% | 16.26% | -14.53% |
| Total Other Income Expenses Net | $-15.37M | $-25.59M | $-6.04M | $-17.38M | $-13.71M | $-13.06M | $-13.76M | $-12.33M | $631.00K | $743.00K |
| Income Before Tax | $-238.72M | $-63.81M | $174.20M | $47.87M | $-114.85M | $-32.48M | $-32.85M | $-34.00M | $63.69M | $-42.91M |
| Income Before Tax Ratio | -66.21% | -9.20% | 15.55% | 5.36% | -24.00% | -10.24% | -8.53% | -8.09% | 16.42% | -14.28% |
| Income Tax Expense | $6.48M | $9.34M | $49.16M | $5.90M | $-16.26M | $-12.59M | $-6.65M | $-24.81M | $2.40M | $-575.00K |
| Net Income | $-245.20M | $-73.15M | $125.04M | $41.97M | $-98.59M | $-19.90M | $-26.20M | $-9.19M | $61.29M | $-42.33M |
| Net Income Ratio | -68.01% | -10.55% | 11.16% | 4.70% | -20.60% | -6.27% | -6.80% | -2.19% | 15.80% | -14.09% |
| EPS | $-2.93 | $-0.91 | $1.60 | $0.55 | $-1.35 | $-0.28 | $-0.38 | $-0.14 | $0.96 | $-0.79 |
| EPS Diluted | $-2.93 | $-0.91 | $1.55 | $0.53 | $-1.35 | $-0.28 | $-0.38 | $-0.14 | $0.91 | $-0.79 |
| Weighted Average Shares Outstanding | 83.60M | 80.72M | 78.04M | 76.04M | 73.13M | 71.00M | 68.49M | 66.25M | 63.78M | 53.38M |
| Weighted Average Shares Outstanding Diluted | 83.60M | 80.72M | 80.85M | 79.68M | 73.13M | 71.00M | 68.49M | 66.25M | 67.65M | 53.38M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $118.58M | $187.29M | $187.35M | $130.57M | $148.90M | $92.71M | $73.14M | $71.87M | $82.90M | $67.96M |
| Short Term Investments | $- | $- | $18.53M | $- | $- | $- | $- | $- | $47.92M | $43.30M |
| Cash and Short Term Investments | $118.58M | $187.29M | $205.88M | $130.57M | $148.90M | $92.71M | $73.14M | $71.87M | $130.81M | $111.26M |
| Net Receivables | $85.46M | $170.62M | $170.97M | $119.72M | $67.44M | $50.41M | $59.49M | $66.10M | $50.49M | $42.40M |
| Inventory | $90.34M | $99.91M | $160.54M | $131.70M | $97.84M | $31.51M | $41.74M | $53.43M | $26.58M | $32.44M |
| Other Current Assets | $29.06M | $30.21M | $50.47M | $22.11M | $55.09M | $10.51M | $11.00M | $18.32M | $12.32M | $7.81M |
| Total Current Assets | $323.44M | $488.02M | $563.12M | $404.10M | $361.72M | $181.77M | $180.61M | $201.30M | $214.04M | $190.00M |
| Property Plant Equipment Net | $77.48M | $97.69M | $107.53M | $88.19M | $61.36M | $27.59M | $18.40M | $22.66M | $20.55M | $21.86M |
| Goodwill | $318.59M | $318.59M | $306.74M | $306.67M | $302.83M | $238.33M | $238.33M | $237.99M | $76.02M | $49.78M |
| Intangible Assets | $55.01M | $73.63M | $109.32M | $152.54M | $207.27M | $187.97M | $244.90M | $315.05M | $104.26M | $51.35M |
| Goodwill and Intangible Assets | $373.60M | $392.22M | $416.06M | $459.21M | $510.09M | $426.30M | $483.23M | $553.04M | $180.28M | $101.13M |
| Long Term Investments | $- | $11.82M | $11.82M | $6.06M | $1.02M | $60.00K | $404.00K | $1.06M | $5.99M | $19.24M |
| Tax Assets | $68.66M | $69.49M | $66.49M | $89.17M | $86.06M | $67.28M | $51.52M | $39.88M | $- | $- |
| Other Non-Current Assets | $21.45M | $21.01M | $15.00M | $3.65M | $2.19M | $2.79M | $4.66M | $6.92M | $1.79M | $2.27M |
| Total Non-Current Assets | $541.20M | $592.23M | $616.90M | $646.28M | $660.72M | $524.02M | $558.22M | $623.56M | $208.61M | $144.50M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $864.64M | $1.08B | $1.18B | $1.05B | $1.02B | $705.79M | $738.83M | $824.86M | $422.65M | $334.50M |
| Account Payables | $31.38M | $21.55M | $68.58M | $52.98M | $32.75M | $13.44M | $15.59M | $16.94M | $6.76M | $6.39M |
| Short Term Debt | $- | $9.13M | $10.49M | $8.89M | $8.14M | $4.81M | $1.21M | $1.10M | $1.56M | $- |
| Tax Payables | $745.00K | $521.00K | $8.89M | $7.11M | $1.19M | $65.00K | $1.64M | $- | $- | $- |
| Deferred Revenue | $1.12M | $- | $1.38M | $6.18M | $1.16M | $939.00K | $1.27M | $7.03M | $7.20M | $4.07M |
| Other Current Liabilities | $149.04M | $190.93M | $252.05M | $137.38M | $191.57M | $48.24M | $56.88M | $51.31M | $39.03M | $45.38M |
| Total Current Liabilities | $182.28M | $222.13M | $341.09M | $207.40M | $233.66M | $66.56M | $70.57M | $76.39M | $54.54M | $55.83M |
| Long Term Debt | $139.95M | $148.62M | $168.46M | $355.43M | $405.32M | $225.58M | $259.85M | $347.61M | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $-6.13M | $-2.08M | $-10.19M | $-15.36M | $-22.22M | $4.88M | $9.66M | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $6.13M | $2.08M | $10.19M | $15.36M | $22.22M | $38.19M | $- | $- |
| Other Non-Current Liabilities | $26.12M | $23.25M | $-5.91M | $-1.64M | $-7.65M | $-1.27M | $8.47M | $13.44M | $15.69M | $15.75M |
| Total Non-Current Liabilities | $166.07M | $171.86M | $162.55M | $353.79M | $397.66M | $224.31M | $268.33M | $361.05M | $15.69M | $15.75M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $348.36M | $393.99M | $503.64M | $561.19M | $631.33M | $290.87M | $338.89M | $437.44M | $70.23M | $71.58M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $8.00K | $8.00K | $8.00K | $8.00K | $7.00K | $7.00K | $7.00K | $7.00K | $7.00K | $6.00K |
| Retained Earnings | $-363.73M | $-118.53M | $-45.38M | $-170.42M | $-212.39M | $-113.80M | $-93.63M | $-69.12M | $-59.93M | $-121.22M |
| Accumulated Other Comprehensive Income Loss | $-6.82M | $-3.79M | $-1.02M | $2.12M | $1.44M | $-887.00K | $272.00K | $1.04M | $-1.56M | $-822.00K |
| Other Total Stockholders Equity | $886.82M | $808.58M | $722.78M | $657.49M | $602.06M | $529.60M | $493.29M | $455.50M | $413.91M | $384.96M |
| Total Stockholders Equity | $516.28M | $686.26M | $676.38M | $489.20M | $391.12M | $414.92M | $399.94M | $387.42M | $352.42M | $262.92M |
| Total Equity | $516.28M | $686.26M | $676.38M | $489.20M | $391.12M | $414.92M | $399.94M | $387.42M | $352.42M | $262.92M |
| Total Liabilities and Stockholders Equity | $864.64M | $1.08B | $1.18B | $1.05B | $1.02B | $705.79M | $738.83M | $824.86M | $422.65M | $334.50M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $864.64M | $1.08B | $1.18B | $1.05B | $1.02B | $705.79M | $738.83M | $824.86M | $422.65M | $334.50M |
| Total Investments | $- | $11.82M | $18.53M | $6.06M | $1.02M | $60.00K | $404.00K | $1.06M | $53.91M | $62.54M |
| Total Debt | $139.95M | $157.75M | $155.60M | $330.79M | $384.45M | $216.24M | $255.76M | $347.61M | $1.56M | $- |
| Net Debt | $21.37M | $-29.54M | $-31.75M | $200.22M | $235.55M | $123.54M | $182.62M | $275.74M | $-81.34M | $-67.96M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $- | $-73.15M | $125.04M | $41.97M | $-98.59M | $-19.90M | $-26.20M | $-9.19M | $61.29M | $-42.33M |
| Depreciation and Amortization | $- | $71.52M | $80.73M | $91.79M | $76.51M | $66.40M | $79.03M | $66.74M | $26.70M | $40.64M |
| Deferred Income Tax | $- | $-4.45M | $23.45M | $-3.23M | $-18.49M | $-15.69M | $-12.14M | $-31.77M | $101.00K | $-1.91M |
| Stock Based Compensation | $- | $55.18M | $81.70M | $59.36M | $47.60M | $32.06M | $31.72M | $32.67M | $21.77M | $19.27M |
| Change in Working Capital | $- | $-15.32M | $86.03M | $-24.28M | $28.89M | $16.91M | $28.61M | $-5.58M | $7.84M | $-5.73M |
| Accounts Receivables | $85.16M | $1.41M | $-50.88M | $-51.69M | $-16.86M | $9.09M | $6.59M | $-4.38M | $-8.18M | $5.16M |
| Inventory | $9.56M | $60.64M | $-28.84M | $-33.69M | $-31.84M | $10.20M | $11.70M | $-1.79M | $9.85M | $-6.40M |
| Accounts Payables | $-4.57M | $-29.43M | $65.81M | $12.77M | $57.09M | $1.26M | $1.16M | $-1.92M | $3.25M | $-23.45M |
| Other Working Capital | $-37.08M | $-47.93M | $99.93M | $48.33M | $20.49M | $-3.63M | $9.16M | $2.50M | $2.92M | $18.96M |
| Other Non Cash Items | $-45.30M | $9.60M | $-8.23M | $2.63M | $37.67M | $-1.44M | $1.67M | $22.19M | $-386.00K | $45.10M |
| Net Cash Provided by Operating Activities | $-45.30M | $43.37M | $388.73M | $168.23M | $73.59M | $78.35M | $102.69M | $75.06M | $117.32M | $55.04M |
| Investments in Property Plant and Equipment | $- | $-13.45M | $-52.44M | $-46.76M | $-15.29M | $-6.97M | $-7.83M | $-12.85M | $-8.90M | $-3.10M |
| Acquisitions Net | $- | $-13.32M | $-40.00M | $-40.00M | $-160.00M | $- | $- | $-473.30M | $-101.00M | $-3.62M |
| Purchases of Investments | $- | $- | $-29.32M | $-5.00M | $- | $- | $- | $-30.58M | $-90.31M | $-73.38M |
| Sales Maturities of Investments | $- | $17.20M | $-3.38M | $7.58M | $- | $- | $- | $84.55M | $98.90M | $69.03M |
| Other Investing Activities | $-23.45M | $-6.36M | $33.38M | $-7.58M | $-2.80M | $-86.00K | $- | $30.00K | $8.20M | $-4.45M |
| Net Cash Used for Investing Activities | $-23.45M | $-15.94M | $-91.76M | $-91.76M | $-175.29M | $-6.97M | $-7.83M | $-432.15M | $-101.31M | $-11.06M |
| Debt Repayment | $- | $- | $-185.00M | $-63.99M | $157.81M | $-50.00M | $-93.00M | $346.85M | $- | $- |
| Common Stock Issued | $4.09M | $4.56M | $5.01M | $8.78M | $8.07M | $8.60M | $6.84M | $12.05M | $6.65M | $9.95M |
| Common Stock Repurchased | $- | $- | $-31.51M | $-23.55M | $- | $- | $- | $-334.00K | $-3.00K | $-101.00K |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $1.29M | $-30.91M | $-28.90M | $-13.15M | $-6.23M | $-11.99M | $-7.62M | $-11.54M | $-7.32M | $-5.85M |
| Net Cash Used Provided by Financing Activities | $1.29M | $-26.36M | $-240.40M | $-91.90M | $159.65M | $-53.38M | $-93.78M | $347.02M | $-670.00K | $4.00M |
| Effect of Forex Changes on Cash | $-1.30M | $-1.08M | $56.00K | $-2.87M | $-1.04M | $934.00K | $-1.30M | $1.58M | $-394.00K | $-725.00K |
| Net Change in Cash | $-68.75M | $-1.00K | $56.62M | $-18.30M | $56.92M | $18.93M | $-221.00K | $-8.48M | $14.94M | $47.26M |
| Cash at End of Period | $119.60M | $188.36M | $188.36M | $131.74M | $150.03M | $93.12M | $74.19M | $74.41M | $82.90M | $67.96M |
| Cash at Beginning of Period | $188.36M | $188.36M | $131.74M | $150.03M | $93.12M | $74.19M | $74.41M | $82.90M | $67.96M | $20.70M |
| Operating Cash Flow | $-45.30M | $43.37M | $388.73M | $168.23M | $73.59M | $78.35M | $102.69M | $75.06M | $117.32M | $55.04M |
| Capital Expenditure | $- | $-19.81M | $-52.44M | $-46.76M | $-15.29M | $-6.97M | $-7.83M | $-12.85M | $-8.90M | $-3.10M |
| Free Cash Flow | $-45.30M | $23.56M | $336.29M | $121.48M | $58.31M | $71.38M | $94.86M | $62.22M | $108.42M | $51.95M |