For the quarter ending 2026-03-31, MXL had -$11,480K decrease in cash & cash equivalents over the period. -$10,256K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Gross profit | 78,884 | 78,557 | 71,901 | - |
| Employee related | 67,169 | 65,402 | 71,776 | - |
| Depreciation and amortization | 4,016 | 4,003 | 4,291 | - |
| Design and prototype expenses | 11,834 | 11,891 | 9,948 | - |
| Professional fees | 8,490 | 8,209 | 11,690 | - |
| Occupancy expenses | 4,110 | 4,142 | 4,221 | - |
| Restructuring expenses | 474 | -198 | 11,264 | - |
| Impairment of intangibles | - | 0 | 0 | - |
| Impairment of investments | - | 0 | 0 | - |
| Interest and other (income) expense, net | -1,443 | -2,911 | -2,099 | - |
| Income tax expense | 26,485 | -2,906 | 2,097 | - |
| Net loss | -45,137 | -14,897 | -45,485 | -76,299 |
| Amortization and depreciation | 10,939 | 10,788 | 10,838 | 22,366 |
| Impairment losses | - | 0 | 0 | - |
| Gain on extinguishment of lease liabilities | - | - | 0 | 0 |
| Impairment of investments and other assets | - | 700 | 0 | - |
| Amortization of debt issuance costs and accretion of discounts | 414 | 451 | 477 | 1,001 |
| Stock-based compensation | 20,027 | 19,593 | 21,511 | 36,024 |
| Deferred income taxes | 25,133 | -2,515 | 275 | -6,355 |
| Loss on disposal of property and equipment | - | -86 | -261 | -900 |
| Gain on sale of investments | - | 0 | - | - |
| Unrealized holding loss on investments | - | 0 | - | - |
| Impairment of leased right-of-use assets | 233 | 0 | 0 | 427 |
| Gain on settlement of pension | - | 0 | - | - |
| Gain on extinguishment of lease liabilities | - | 521 | - | - |
| (gain) loss on foreign currency | 219 | -487 | -211 | -5,461 |
| Excess tax deficiencies on stock-based awards | -970 | 492 | -6,479 | 2,274 |
| Accounts receivable | -5,267 | -6,812 | -52,884 | 20,354 |
| Inventory | 7,735 | -8,225 | 298 | -4,312 |
| Prepaid expenses and other assets | 7,738 | 17,527 | -1,173 | -4,480 |
| Accounts payable, accrued expenses and other current liabilities | -18,960 | 3,062 | -44,687 | 29,141 |
| Accrued compensation | 9,521 | 7,866 | 15,047 | 11,849 |
| Accrued price protection liability | 1,039 | -7,346 | -5,681 | -3,881 |
| Lease liabilities | -2,737 | -2,792 | -2,928 | -5,777 |
| Other long-term liabilities | 111 | -1,574 | 47 | -1,932 |
| Net cash used in operating activities | -8,872 | 10,406 | 10,124 | -911 |
| Purchases of property and equipment | 1,384 | 3,708 | 5,729 | 3,161 |
| Purchases of intangible assets | 855 | -22 | 1,012 | 6,207 |
| Cash used in acquisition, net of cash acquired | - | 0 | - | - |
| Sale of trading securities | - | 0 | - | - |
| Proceeds under convertible notes receivable | 2,000 | - | - | - |
| Net cash used in investing activities | -4,239 | -3,686 | -6,741 | -9,368 |
| Payment of debt issuance cost | - | 0 | - | - |
| Proceeds from funding arrangement | 6,000 | - | - | - |
| Net proceeds from issuance of common stock, net of costs | 0 | 1,391 | 27 | 2,140 |
| Minimum tax withholding paid on behalf of employees for restricted stock units | 3,722 | 4 | 12 | 2,201 |
| Repurchase of common stock | - | 20,000 | - | - |
| Net cash provided by (used in) financing activities | 2,278 | -18,613 | 15 | -61 |
| Effect of exchange rate changes on cash and cash equivalents | -647 | 42 | -388 | 990 |
| Decrease in cash, cash equivalents and restricted cash | -11,480 | -11,851 | 3,010 | -9,350 |
| Cash, cash equivalents and restricted cash at beginning of period | 101,412 | 113,263 | 119,603 | - |
| Cash, cash equivalents and restricted cash at end of period | 89,932 | 101,412 | 113,263 | - |
MAXLINEAR, INC (MXL)
MAXLINEAR, INC (MXL)