MXLMAXLINEAR, INC
Semiconductors & Related Devices
- Revenue
- $468M
- 30% YoY
- Operating margin
- -27.1%
- 56% YoY
- EBITDA
- −$83M
- 51% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $344M net debt
- AI in 10-K
- —
Red flags 2 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCFired16% of revenueOver 10% of revenue
- Payouts exceed cash flowFired102% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear35% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $892M | $1.1B | $693M | $361M | $468M | 30% |
| Operating income | $65M | $180M | −$38M | −$223M | −$127M | 43% |
| Net income | $42M | $125M | −$73M | −$245M | −$137M | 44% |
| Operating cash flow | $168M | $389M | $43M | −$45M | $20M | 143% |
| Capex | $39M | $41M | $13M | $18M | $13M | 29% |
| Stock-based comp | $59M | $82M | $55M | $66M | $77M | 17% |
| Buybacks | $24M | $32M | $0 | $0 | $20M |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.