MaxLinear Inc (MXL)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	-223,352	-38,221	180,243	65,245	-101,139
Revenue	US$ in thousands	360,528	693,263	1,120,250	892,398	478,596
Operating profit margin		-61.95%	-5.51%	16.09%	7.31%	-21.13%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $-223,352K ÷ $360,528K
= -61.95%

MaxLinear Inc's operating profit margin has exhibited significant fluctuations over the years. In December 2020, the company reported a negative operating profit margin of -21.13%, indicating that its operating expenses exceeded its revenues. By the end of 2021, there was a notable improvement as the operating profit margin stood at 7.31%, reflecting a turnaround towards profitability. In 2022, the trend continued positively with the margin increasing to 16.09%, showcasing improved operational efficiency.

However, in December 2023, the operating profit margin declined to -5.51%, suggesting a return to negative territory and potential financial challenges. The situation worsened dramatically by the end of 2024, with the operating profit margin plummeting to -61.95%, signaling a substantial loss relative to sales.

Overall, the fluctuating nature of MaxLinear Inc's operating profit margin indicates varying levels of profitability and operational performance during the period under consideration. It is essential for the company to closely monitor and manage its operating expenses relative to its revenues to sustain profitability and financial health.