MaxLinear Inc (MXL)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	-73,147	-3,567	64,670	100,987	125,040	122,136	102,986	71,753	41,969	-10,879	-56,782	-79,322	-98,593	-82,025	-50,094	-30,516	-19,898	-11,483	-20,704	-32,897
Revenue (ttm)	US$ in thousands	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	317,180	334,789	339,779	358,805
Net profit margin		-10.55%	-0.42%	6.41%	9.14%	11.16%	11.33%	10.08%	7.58%	4.70%	-1.30%	-7.41%	-12.67%	-20.60%	-23.18%	-18.07%	-10.36%	-6.27%	-3.43%	-6.09%	-9.17%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-73,147K ÷ $693,263K
= -10.55%

The net profit margin of MaxLinear Inc has fluctuated over the past eight quarters. The net profit margin was negative in the most recent quarter at -10.55%, indicating that the company experienced a loss relative to its revenue. This was a significant decline from the previous quarter when the net profit margin was -0.42%.

Prior to the recent decline, the net profit margin had shown improvement, reaching a high of 11.33% in the third quarter of 2022. However, the margin had started to decrease in the following quarters. Despite the recent fluctuations, the net profit margin was generally positive in the preceding quarters, indicating that the company was able to generate profits relative to its revenue.

The downward trend in the net profit margin in the last two quarters may indicate potential challenges or inefficiencies in the company's operations. It will be important to closely monitor the company's profitability and assess its ability to control costs and maintain a healthy level of earnings relative to its revenue in the future.