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MaxLinear MXL
$ 84.32 1.69%
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Quarterly report 2026-Q2
added 07-23-2026

MaxLinear Balance Sheet 2025-2008 | MXL

Brief overview of MaxLinear's balance sheet structure

The balance sheet is assessed across five available annual reports spanning 2021 to 2025.

Across five reporting periods, assets decreased -24.2%, from $1.1 billion to $796.4 million, producing a negative trend.

Liabilities grew more slowly than assets: -38.6% versus -24.2%. Expansion relied more on equity, improving funding quality.

The equity ratio reached 56.7% from 46.6%. A high capital share reduces dependence on liabilities.

Net debt equals roughly 0.13x of equity. This is a moderate load and leaves room for maneuver.

Cash represents 9.1% of assets versus 12.5% initially, showing how the immediate liquidity reserve changed.

The balance sheet carries negative retained earnings of -$500.4 million. The figure may result from accumulated losses or an active capital return policy.

Overall picture

MaxLinear's balance sheet is broadly resilient, though selected areas require monitoring. The balance between assets, equity and liabilities remains the key issue.

Annual Balance Sheet MaxLinear

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Net Debt

59.9 M 13.8 M -55.8 M -55.1 M 183 M 222 M 128 M 184 M 277 M -81.3 M -68 M -20.7 M -26.4 M -21.8 M -28 M - - -

Long Term Debt

124 M 123 M 122 M 122 M 306 M 364 M 207 M 256 M 348 M - - - - - - - - -

Long Term Debt Current

9.1 M 9.41 M 9.13 M 10.5 M 8.89 M 8.14 M 4.81 M - - - - - - - - - - -

Total Non Current Liabilities

- - - - - - 224 M 268 M 361 M 15.7 M 15.7 M 3.36 M 1.1 M 796 K 857 K - - -

Total Current Liabilities

186 M 182 M 222 M 341 M 207 M 234 M 66.6 M 70.6 M 76.4 M 54.5 M 55.8 M 33.2 M 37.2 M 29.6 M 18.5 M 13.7 M - -

Total Liabilities

345 M 348 M 394 M 504 M 561 M 631 M 291 M 339 M 437 M 70.2 M 71.6 M 36.6 M 38.3 M 30.4 M 19.4 M - - -

Deferred Revenue

- - - - - - 107 K 71 K 4.36 M 5.99 M 4.07 M 3.61 M 2.65 M 2.29 M 4.03 M - - -

Retained Earnings

-500 M -364 M -119 M -45.4 M -170 M -212 M -114 M -93.6 M -69.1 M -59.9 M -121 M -78.8 M -71.7 M -59 M -33.7 M -11.7 M - -

Total Assets

796 M 865 M 1.08 B 1.18 B 1.05 B 1.02 B 706 M 739 M 825 M 423 M 335 M 136 M 125 M 111 M 112 M 119 M - -

Cash and Cash Equivalents

72.8 M 119 M 187 M 187 M 132 M 150 M 92.7 M 73.1 M 71.9 M 82.9 M 68 M 20.7 M 26.4 M 21.8 M 28 M 21.6 M 17.9 M 7.92 M

Book Value

452 M 516 M 686 M 676 M 489 M 391 M 415 M 400 M 387 M 352 M 263 M 99.1 M 86.7 M 80.2 M 93 M 119 M - -

Total Shareholders Equity

452 M 516 M 686 M 676 M 489 M 391 M 415 M 400 M 387 M 352 M 263 M 99.1 M 86.7 M 80.2 M 93 M 105 M -19.5 M -25.4 M

All numbers in USD currency

Quarterly Balance Sheet MaxLinear

2026-Q2 2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Long Term Debt

124 M 124 M 124 M 123 M 123 M 123 M 123 M 123 M 123 M 123 M 122 M 122 M - 122 M 122 M 172 M - 286 M 306 M 326 M 343 M 344 M 364 M 364 M 364 M 364 M 207 M 207 M 207 M 207 M 256 M 256 M 256 M 256 M 348 M 348 M 348 M 348 M - - - - - - - - - - - - - - - - - - - - - - - -

Total Liabilities

338 M 317 M 345 M 343 M 375 M 362 M 348 M 338 M 356 M 393 M 394 M 401 M - 464 M 504 M 567 M - 571 M 561 M 596 M 593 M 578 M 631 M 631 M 631 M 631 M 291 M 291 M 291 M 291 M 344 M 339 M 339 M 339 M 437 M 437 M 437 M 437 M 70.2 M 70.2 M 70.2 M 70.2 M 71.6 M - - - - - - - - - - - - - - - - - - -

Retained Earnings

-544 M -546 M -500 M -486 M -440 M -413 M -364 M -306 M -230 M -191 M -119 M -80 M - -35.8 M -45.4 M -76.5 M - -137 M -170 M -199 M -208 M -209 M -212 M -212 M -212 M -212 M -114 M -114 M -114 M -114 M -93.6 M -93.6 M -93.6 M -93.6 M -69.1 M -69.1 M -69.1 M -69.1 M -59.9 M -59.9 M -59.9 M -59.9 M -121 M -121 M -121 M -121 M -78.8 M -78.8 M -78.8 M -78.8 M -71.7 M -71.7 M -71.7 M -71.7 M -59 M -59 M -59 M -59 M -33.7 M -33.7 M -33.7 M -33.7 M

Total Assets

823 M 771 M 796 M 808 M 864 M 855 M 865 M 895 M 973 M 1.03 B 1.08 B 1.1 B - 1.2 B 1.18 B 1.18 B - 1.1 B 1.05 B 1.05 B 1.03 B 999 M 1.02 B 1.02 B 1.02 B 1.02 B 706 M 706 M 706 M 706 M 744 M 739 M 739 M 739 M 825 M 825 M 825 M 825 M 423 M 423 M 423 M 423 M 335 M 335 M 335 M 335 M 136 M 136 M 136 M 136 M 125 M 125 M 125 M 125 M 111 M 111 M 111 M 111 M 112 M 112 M 112 M 112 M

Cash and Cash Equivalents

64.8 M 61.1 M 72.8 M 112 M 109 M 104 M 119 M 149 M 186 M 193 M 187 M 188 M 226 M 209 M 187 M 182 M - 152 M 131 M 171 M 130 M 148 M 149 M 149 M 149 M 149 M 92.7 M 92.7 M 92.7 M 92.7 M 73.1 M 73.1 M 73.1 M 73.1 M 71.9 M 71.9 M 71.9 M 71.9 M 81.1 M 81.1 M 81.1 M 81.1 M 68 M 68 M 68 M 68 M 20.7 M 20.7 M 20.7 M 20.7 M 26.4 M 26.4 M 26.4 M 26.4 M 21.8 M 21.8 M 21.8 M 21.8 M 28 M 28 M 28 M 28 M

Book Value

485 M 454 M 452 M 465 M 488 M 493 M 516 M 557 M 617 M 638 M 686 M 703 M - 734 M 676 M 616 M - 528 M 489 M 458 M 434 M 421 M 391 M 391 M 391 M 391 M 415 M 415 M 415 M 415 M 400 M 400 M 400 M 400 M 387 M 387 M 387 M 387 M 352 M 352 M 352 M 352 M 263 M 335 M 335 M 335 M 136 M 136 M 136 M 136 M 125 M 125 M 125 M 125 M 111 M 111 M 111 M 111 M 112 M 112 M 112 M 112 M

Total Shareholders Equity

485 M 454 M 452 M 465 M 488 M 493 M 516 M 557 M 617 M 638 M 686 M 703 M 746 M 734 M 676 M 616 M 570 M 528 M 489 M 458 M 434 M 421 M 391 M 391 M 391 M 391 M 415 M 415 M 415 M 415 M 400 M 400 M 400 M 400 M 387 M 387 M 387 M 387 M 352 M 352 M 352 M 352 M 263 M 263 M 263 M 263 M 99.1 M 99.1 M 99.1 M 99.1 M 86.7 M 86.7 M 86.7 M 86.7 M 80.2 M 80.2 M 80.2 M 80.2 M 93 M 93 M 93 M 93 M

All numbers in USD currency

Balance Sheet is a fundamental financial report of MaxLinear, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

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