Filing Flows › Maxlinear (MXL) › Q3 2026 › vs Q2 2026
Maxlinear (MXL) Q3 2026 vs Q2 2026 (quarter over quarter)
Maxlinear's revenue rose $49.2M (+29%) from $169M in Q2 2026 to $218M in Q3 2026. The biggest changes: Infrastructure +$39.9M (+47%); Broadband +$8.5M (+19%); Connectivity +$745K (+3%). Gross margin 58.7% against 57.8% (+0.9 pts).
Maxlinear, Q3 2026: revenue $218M (+72% year over year), operating margin 13.9%, net earnings $28.9M, operating cash flow −$13.6M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 58.7% | 57.8% | +0.9 pts |
| Operating margin | 13.9% | -2.5% | +16.3 pts |
| Net margin | 13.3% | 1.0% | +12.2 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Infrastructure | $125M | $85.0M | $39.9M | +47% |
| Broadband | $53.3M | $44.9M | $8.5M | +19% |
| Connectivity | $24.7M | $24.0M | $745K | +3% |
| Industrial and multi-market | $15.1M | $15.0M | $111K | +0.7% |
| Revenue | $218M | $169M | $49.2M | +29% |
| Gross profit | $128M | $97.7M | $30.4M | +31% |
| Cost of revenue | $90.0M | $71.2M | $18.8M | +26% |
| Operating profit | $30.2M | −$4.2M | $34.4M | — |
| Operating expenses | $97.8M | $102M | −$4.0M | -4% |
| Pre-tax earnings | $28.2M | −$6.5M | $34.7M | — |
| Other expense, net | $2.1M | $2.4M | −$308K | -13% |
| Research & development | $60.6M | $56.0M | $4.6M | +8% |
| SG&A | $36.9M | $45.8M | −$8.8M | -19% |
| Income tax benefit | $732K | $8.3M | −$7.6M | -91% |
| Net earnings | $28.9M | $1.8M | $27.1M | 16× |
| Operating cash sources | $71.2M | $31.6M | $39.5M | +125% |
| Depreciation & amortization | $8.9M | $7.2M | $1.7M | +23% |
| Share-based compensation | $19.8M | $27.5M | −$7.7M | -28% |
| Cash used in operations | $13.6M | −$4.8M | $18.4M | — |
| Working capital & other | $71.2M | $31.6M | $39.5M | +125% |
Questions
How much did Maxlinear's revenue grow quarter over quarter in Q3 2026?
Maxlinear's revenue rose $49.2M (+29%) from $169M in Q2 2026 to $218M in Q3 2026.
What drove Maxlinear's revenue change in Q3 2026?
Infrastructure +$39.9M (+47%); Broadband +$8.5M (+19%); Connectivity +$745K (+3%).