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MaxLinear (MXL) Q4 2025 Earnings Call Transcript
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The Motley Fool
GAAP Operating Expenses -- $93.5 million; Non-GAAP Operating Expenses -- $59.2 million, with $28.1 million in stock-based and equity accruals, and $6 million in acquisition-related costs explaining the difference.
GAAP Loss from Operations -- 11% of net revenue; Non-GAAP Income from Operations -- 16% of net revenue.
We delivered 30% revenue growth year-over-year, driven by strong execution and accelerating adoption of our newest products across multiple high-growth end markets.
Broadband revenue was approximately $58 million, connectivity revenue was approximately $18 million and industrial multimarket revenue was approximately $14 million.
GAAP loss from operations for Q4 2025 was 11% and non-GAAP income from operations in Q4 was 16% of net revenue.