Maxlinear (MXL) Operating Margin (2010 - 2026)
Maxlinear (MXL) posted quarterly Operating Margin of 2.48% for Q2 2026, up 2014.0% year-over-year from 0.12% in Q2 2025, and up 80.24% quarter-over-quarter from 12.54% in Q1 2026.
Maxlinear (MXL) Operating Margin (2010 - 2026) Analysis & Trends
Maxlinear (MXL) has reported Operating Margin for 17 consecutive years, with 2.48% the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Margin rose 2014.0% year-over-year to 2.48%; the TTM figure through Jun 2026 stood at 13.64% (up 3362.0% YoY), while the FY2025 annual figure was 27.13%, up 3482.0% from the prior year.
- Operating Margin grew to 2.48% in Q2 2026 per MXL's latest filing, from 12.54% in the prior quarter.
- Across five years, Operating Margin topped out at 18.23% in Q1 2022 and bottomed at 82.3% in Q3 2024.
- Historically, Operating Margin has averaged 19.62% across 5 years, with a median of 12.85% in 2023.
- Annual changes were most pronounced in 2024 — Operating Margin sank 8930 bps — and 2025, when it soared 4965 bps.
- Maxlinear's Operating Margin stood at 14.16% in 2022, then sank by 335 bps to 33.3% in 2023, then plunged by 34 bps to 44.67% in 2024, then soared by 76 bps to 10.92% in 2025, then surged by 77 bps to 2.48% in 2026.
- Business Quant data shows MXL's Operating Margin at 2.48% in Q2 2026, 12.54% in Q1 2026, and 10.92% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 10,848.43 Bn | 10,750.17 Bn | 23.77 Bn | 58.10% |
| 2 | Nvidia | 5,220.28 Bn | 5,169.94 Bn | 61.16 Bn | 65.60% |
| 3 | Broadcom | 1,746.09 Bn | 1,726.46 Bn | 15.42 Bn | 48.62% |
| 4 | Micron Technology | 1,092.82 Bn | 1,066.80 Bn | 35.06 Bn | 80.37% |
| 5 | Advanced Micro Devices | 773.31 Bn | 760.20 Bn | 6.20 Bn | 17.25% |
| 6 | Intel | 459.59 Bn | 429.86 Bn | 6.51 Bn | 11.14% |
| 7 | Arm Holdings | 259.13 Bn | 255.24 Bn | 1.25 Bn | 7.06% |
| 8 | Texas Instruments | 241.28 Bn | 234.28 Bn | 3.35 Bn | 42.28% |
| 9 | Marvell Technology | 209.48 Bn | 205.64 Bn | 1.26 Bn | 14.04% |
| 10 | Maxlinear | 5.99 Bn | 5.92 Bn | 97.66 Mn | -2.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -2.48% |
| Mar 31, 2026 | -12.54% |
| Dec 31, 2025 | -10.92% |
| Sep 30, 2025 | -32.65% |
| Jun 30, 2025 | -22.62% |
| Mar 31, 2025 | -48.05% |
| Dec 31, 2024 | -44.67% |
| Sep 30, 2024 | -82.30% |
| Jun 30, 2024 | -44.37% |
| Mar 31, 2024 | -78.32% |
| Dec 31, 2023 | -33.30% |
| Sep 30, 2023 | -13.15% |
| Jun 30, 2023 | -3.23% |
| Mar 31, 2023 | 10.98% |
| Dec 31, 2022 | 14.16% |
| Sep 30, 2022 | 18.18% |
| Jun 30, 2022 | 13.93% |
| Mar 31, 2022 | 18.23% |
| Dec 31, 2021 | 11.83% |
| Sep 30, 2021 | 10.35% |