MaxLinear (NASDAQ: MXL) reported Q2 EPS of $0.02, in-line with the analyst estimate of $0.02. Revenue for the quarter came in at $108.8 million versus the consensus estimate of $104.89 million.

Third Quarter 2025 Business Outlook

The company expects net revenue in the third quarter of 2025 to be approximately $115 million to $135 million. The Company also estimates the following:

GAAP gross margin of approximately 55.0% to 58.0%;
Non-GAAP gross margin of approximately 57.5% to 60.5%;
GAAP operating expenses of approximately $84 million to $90 million;
Non-GAAP operating expenses of approximately $55 million to $61 million;
GAAP and non-GAAP interest and other expense of approximately $3.5 million to $4.5 million, respectively;
GAAP income tax benefit of $0.6 million and non-GAAP income tax provision of $1.3 million, respectively; and
Basic and diluted share count of approximately 87.1 million and 87.5 million, respectively.

For earnings history and earnings-related data on MaxLinear (MXL) click here.