MaxLinear (NASDAQ: MXL) reported Q1 EPS of $0.22, $0.04 better than the analyst estimate of $0.18. Revenue for the quarter came in at $137.2 million versus the consensus estimate of $134.56 million.

Second Quarter 2026 Business Outlook

The company expects net revenue in the second quarter of 2026 to be approximately $160 million to $170 million. The Company also estimates the following:

GAAP gross margin of approximately 56.0% to 59.0%;
Non-GAAP gross margin of approximately 58.0% to 61.0%;
GAAP operating expenses of approximately $91 million to $97 million;
Non-GAAP operating expenses of approximately $61 million to $66 million;
GAAP interest and other expense of approximately $1.8 million to $2.2 million;
Non-GAAP interest and other expense of approximately $1.8 million to $2.2 million;
GAAP income tax benefit of $2.0 million and non-GAAP income tax provision of $1.0 million, and
GAAP and non-GAAP diluted share count of approximately 95 million each.

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