Feed / MXL

MaxLinear, Inc.

MXL

Technology · 93.73 +1.2% today

Participation confirmed · construction unavailableMarket checked 30 Sept, 15:55 GMT-4

Market read

MaxLinear, Inc.'s move is being confirmed by its market group.

No new filing conclusion is available. 5 of 29 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 12 directly disclosed connections are confirming.

Company+1.2% todayVolume comparison unavailable
Market group5 of 29 activeSemiconductor Manufacturing · inactive
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • At least 19 of 29 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as KLIC begins moving with the group.

Invalidation: The live read weakens if participation falls to 10 of 29 members or fewer.

Watch this read

Research brief

The story so far

Technology · Semiconductors

No new filing conclusion is available. 5 of 29 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 12 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • At least 19 of 29 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as KLIC begins moving with the group.

Company research

Understand the business, not just the ticker

As of Oct 1, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations333
Usable filing statements116
Verified relationships11
Evidence supporting the case
  • Latest annual revenue changed +29.7% year over year.
  • Operating margin changed +34.8 percentage points in the latest annual period.
  • Net margin changed +38.8 percentage points in the latest annual period.
Evidence challenging the case
  • Diluted shares increased 3.6% in the latest annual period.
  • Supply chain and availability has repeated adverse evidence across 4 filings.
  • Restructuring and cost reductions has repeated adverse evidence across 3 filings.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 30, 2026

90.42
6m+428.8%12m+459.5%24m—
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$892.4M+86.5%$0.53+9.0%
2022-12-31$1.1B+25.5%$1.55+1.5%
2023-12-31$693.3M-38.1%$-0.91-0.2%
2024-12-31$360.5M-48.0%$-2.93+3.6%
2025-12-31$467.6M+29.7%$-1.58+3.6%

What management says matters

Persistent and emerging business drivers

Credit and interest ratesnegative · 4 filings
“As of March 31, 2026, $125.0 million of principal was outstanding under a senior secured term B loan facility or the “Initial Term Loan under the June 23, 2021 Credit Agreement.” The Company also has available, subject to the terms and conditions of the agree…”
10-Q · Apr 23, 2026 ↗
Demand and volumemixed · 4 filings
“The change in working capital was driven by a prepayment for wafers supporting rising demand for certain data center products.”
10-Q · Apr 23, 2026 ↗
Supply chain and availabilitynegative · 4 filings
“Once one of our products is incorporated into a customer’s design, however, we believe that our product is likely to remain a component of the customer’s product for its life cycle because of the time and expense associated with redesigning the product or sub…”
10-Q · Apr 23, 2026 ↗
Restructuring and cost reductionsnegative · 3 filings
“In 2025, we collected accounts receivable previously outstanding as of December 31, 2024 of $71.1 million, which was partially offset by payments against our price protection liability of $18.1 million and severance and other payments from workforce reduction…”
10-K · Jan 29, 2026 ↗

Valuation discipline

Descriptive valuation snapshot

Price/sales 16.7× · EV/sales 16.9×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

93.73+1.2% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 1 Oct, 12:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for MXL. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for MXL. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind MXL

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

ADIAnalog Devices, Inc.competitorApr 23, 2026 ▾

“Our primary merchant semiconductor competitors include Broadcom, Inc., Qualcomm Incorporated, Realtek Semiconductor Corp., Skyworks Solutions, Inc., Credo Semiconductor Inc., MediaTek, Inc., Marvell Technology Group Ltd., MACOM Technology Solutions Holdings,…”

AVGOBroadcom Inc.competitorApr 23, 2026 ▾

“Our primary merchant semiconductor competitors include Broadcom, Inc., Qualcomm Incorporated, Realtek Semiconductor Corp., Skyworks Solutions, Inc., Credo Semiconductor Inc., MediaTek, Inc., Marvell Technology Group Ltd., MACOM Technology Solutions Holdings,…”

Depended on by

MTSIMACOM Technology Solutions Holdings, Inc.competitorNov 14, 2025 ▾

“We primarily compete with Analog Devices, Inc.”

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 9 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

MXL is currently a Participant in the organic co-movement group Semiconductor Manufacturing. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.