MaxLinear Q2 revenue $108.8M (+18% YoY); non-GAAP EPS $0.02 returns to profitability

MAXLINEAR, INC

2025-Q2 EPS reported -$0.89 revenue$204,746,000

Net revenue $108.8M, up 13% sequentially and 18% YoY; GAAP gross margin 56.5%.
GAAP diluted EPS -$0.31, improved from -$0.58 prior quarter and -$0.47 YoY.
Non-GAAP diluted EPS $0.02 vs -$0.05 prior and -$0.25 YoY; non-GAAP operating income 7% of revenue.
Q3 2025 revenue guidance $115M-$135M; non-GAAP gross margin 57.5%-60.5%.
Positive free cash flow; CEO cites traction in data center, PON, Wi-Fi, and ethernet.

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