MaxLinear Inc (MXL)

Operating 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
Operating income (ttm)	US$ in thousands	-38,221	44,683	114,449	159,393	180,243	168,419	140,257	103,454	65,245	12,253	-46,108	-71,087	-101,139	-85,410	-54,169	-34,361	-22,057	-24,843	-34,077	-31,357
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
Operating profit margin		-5.51%	5.20%	11.35%	14.43%	16.09%	15.63%	13.73%	10.92%	7.31%	1.46%	-6.02%	-11.36%	-21.13%	-24.13%	-19.54%	-11.66%	-6.95%	-7.42%	-10.03%	-8.74%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-38,221K ÷ $693,263K
= -5.51%

The operating profit margin of MaxLinear Inc has shown variation over the past eight quarters. In the most recent quarter, ending December 31, 2023, the operating profit margin was recorded at -2.31%, indicating a negative margin. This is a downturn from the previous quarter's operating profit margin of 7.02% ending September 30, 2023.

Looking further back, the operating profit margin has displayed a declining trend since the high of 16.54% in December 31, 2022, reaching the most recent low of -2.31%. This indicates a notable shift in the company's ability to generate profits from its core operations.

The fluctuation in operating profit margin could be influenced by various factors such as changes in revenue, cost of goods sold, operating expenses, and non-operating items. Further analysis of the company's financial statements and business operations would be necessary to identify the drivers behind these fluctuations and to assess the overall health of the company's profitability.