MaxLinear Inc (MXL)

Net 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
Net income (ttm)	US$ in thousands	-245,198	-225,860	-189,904	-154,989	-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
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
Net profit margin		-68.01%	-57.37%	-42.38%	-28.70%	-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%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-245,198K ÷ $360,528K
= -68.01%

MaxLinear Inc's net profit margin has shown significant fluctuations over the past few years. The company experienced negative net profit margins from March 2020 to September 2021, with the margin deteriorating from -10.36% in March 2020 to -23.18% in September 2020, indicating the company was incurring losses during this period.

However, starting from December 2021, the net profit margin began to improve, turning positive by March 2022 and reaching a peak of 11.33% in September 2022. This positive trend continued until March 2023 when the net profit margin stood at 9.14%.

From June 2023 onwards, there was a decline in the net profit margin, dropping to -68.01% by December 2024. This considerable decline in profitability suggests that the company faced challenges or incurred significant expenses that impacted its bottom line negatively towards the end of the period.

Overall, the fluctuating net profit margins of MaxLinear Inc indicate a volatile financial performance, with periods of losses followed by a brief period of profitability before returning to significant losses in the latter part of the analyzed period.