MaxLinear Inc (MXL)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -73,147 | 125,040 | 41,969 | -98,593 | -19,898 |
| Revenue | US$ in thousands | 693,263 | 1,120,250 | 892,398 | 478,596 | 317,180 |
| Net profit margin | -10.55% | 11.16% | 4.70% | -20.60% | -6.27% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $-73,147K ÷ $693,263K
= -10.55%
The net profit margin of MaxLinear Inc has exhibited fluctuations over the years. In 2023, the net profit margin was -10.55%, indicating that the company experienced a net loss relative to its revenue. This contrasts sharply with 2022, when the net profit margin was 11.16%, signifying a healthy profitability level. In 2021, the net profit margin stood at 4.70%, showing a positive but comparatively lower level of profitability. However, in 2020 and 2019, the company reported negative net profit margins of -20.60% and -6.27% respectively, suggesting significant losses relative to its revenue during those years. Overall, the net profit margin trend reflects inconsistency in the company's ability to generate profits in relation to its revenue, indicating a need for further examination into the factors contributing to these fluctuations.
Peer comparison
Dec 31, 2023