---
schema_version: "secwatch.filing_event.v1"
accession: "0001288469-23-000092"
form_type: "8-K"
ticker: "MXL"
cik: "0001288469"
company_name: "MAXLINEAR, INC"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T11:58:49.668576+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MaxLinear Q1 revenue $248.4M, down 15% QoQ; Q2 guidance $175M-$205M, well below Q1

## Summary
- GAAP EPS $0.12 vs $0.42 YoY; non-GAAP EPS $0.74 vs $1.00 YoY; revenue down 6% YoY.
- Infrastructure revenue $46.3M, up 46% QoQ and 40% YoY, driven by 5G wireless backhaul.
- Q2 revenue guidance $175M-$205M implies at least 17% sequential decline; GAAP gross margin 54.5%-57.5%.
- Operating cash flow $42.2M, down 39% QoQ and 69% YoY.
- Pending acquisition of Silicon Motion continues antitrust approval process.

## SEC filing metadata
- accession: 0001288469-23-000092
- form_type: 8-K
- ticker: MXL
- cik: 0001288469
- company_name: MAXLINEAR, INC
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1288469/000128846923000092/0001288469-23-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1288469/000128846923000092/mxl-20230426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001288469-23-000092
- JSON: https://secwatch.observer/filing/0001288469-23-000092.json
- Plain text: https://secwatch.observer/filing/0001288469-23-000092.txt

## Key facts
- Earnings Releases
  MAXLINEAR, INC reported first quarter ended March 31, 2023 results: revenue $248.4 million, EPS $0.12.
  - Period: first quarter ended March 31, 2023
  - Revenue: $248.4 million
  - EPS: $0.12
  - Result: reported results
  source text: forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- FOR IMMEDIATE RELEASE MaxLinear, Inc. Announces First Quarter 2023 Financial Results • Net revenue of $248.4 million in Q1, GAAP gross margin of 56.5% and non-GAAP gross margin of 60.3% • Infrastructure revenue was $46.3 million in Q1, up 46% sequentially and up 40% YoY Carlsbad, Calif. – April
  evidence_url: https://www.sec.gov/Archives/edgar/data/1288469/000128846923000092/0001288469-23-000092-index.htm
- Earnings Releases
  MAXLINEAR, INC reported second quarter of 2023 results: revenue approximately $175 million to $205 million. Guidance reaffirmed.
  - Period: second quarter of 2023
  - Revenue: approximately $175 million to $205 million
  - Guidance: reaffirmed
  - Result: guidance update
  source text: The company expects net revenue in the second quarter of 2023 to be approximately $175 million to $205 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1288469/000128846923000092/0001288469-23-000092-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.