MaxLinear posts strong Q3 revenue growth and margin expansion but shares tumble
MaxLinear reported third‑quarter 2026 revenue of $218.1 million, up 72% year‑over‑year, driven by a surge in its infrastructure segment. GAAP diluted EPS was $0.30 and non‑GAAP diluted EPS $0.62, both beating analyst expectations. The company announced Q4 2026 revenue guidance of $240 million‑$260 million and increased its revolving credit facility. Despite the results, the stock fell 13.9% on the day and further in after‑hours trading.
Why it matters
The company expects Q4 revenue of $240 million‑$260 million, which is higher than the consensus forecast. The share price decline reflects investor concerns over supply constraints and negative operating cash flow despite the growth.
Key facts
- 1Q3 net revenue was $218.1 million, a 72% increase year‑over‑year. stocktitan.net
- 2GAAP diluted EPS was $0.30 and non‑GAAP diluted EPS was $0.62. stocktitan.net
- 3Infrastructure segment revenue grew 210% year‑over‑year. stocktitan.net
- 4Q4 2026 revenue guidance is $240 million‑$260 million. investing.com
- 5Non‑GAAP gross margin expanded to 60.0%. investing.com
- 6Shares closed down 13.87% at $65.28 and fell to $62.8 in after‑hours trading. investing.com
Open questions
- Infrastructure revenue growth is reported as 210% YoY in material 2 and 168% YoY in material 4.
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.