MaxLinear Inc (MXL)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	194,782	212,073	241,937	294,624	385,663	480,464	574,008	635,486	649,769	628,206	590,511	538,703	495,832	437,142	373,555	293,755	212,798	166,335	142,033	153,370
Revenue (ttm)	US$ in thousands	360,528	393,714	448,142	540,090	693,263	858,496	1,008,696	1,104,767	1,120,252	1,077,555	1,021,599	946,966	892,398	839,225	766,084	625,928	478,596	353,898	277,285	294,572
Gross profit margin		54.03%	53.86%	53.99%	54.55%	55.63%	55.97%	56.91%	57.52%	58.00%	58.30%	57.80%	56.89%	55.56%	52.09%	48.76%	46.93%	44.46%	47.00%	51.22%	52.07%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $194,782K ÷ $360,528K
= 54.03%

MaxLinear Inc's gross profit margin has shown a fluctuating trend over the past few years. The gross profit margin decreased from 52.07% as of March 31, 2020, to a low of 44.46% as of December 31, 2020. However, the margin began to increase steadily thereafter, reaching a peak of 58.30% as of September 30, 2022.

Subsequently, the gross profit margin exhibited some volatility but generally remained above 50%, indicating effective cost management and pricing strategies by the company. As of December 31, 2024, the gross profit margin stood at 54.03%, reflecting a stable performance in generating profits from sales after the fluctuations observed in the preceding quarters.

Overall, the improving trend in the gross profit margin signals potential operational efficiency and effectiveness in managing the cost of goods sold relative to revenue, which is a positive indicator for MaxLinear Inc's financial performance.