MaxLinear Q3 Revenue Jumps 72% as AI Datacenter Sales Surge 210%
MXL has more than doubled off its 52-week low of $12.77.
Summary
MaxLinear reported Q3 2026 revenue of $218.1M, up 72% year over year and accelerating from the 55% YoY pace it posted in Q2 when revenue was $168.8M. Q3 EPS was 30c, adjusted EPS was 62c and net income was $28.9M. AI datacenter revenue rose 210% YoY, and the company flagged the Keystone PAM4 DSP ramp as the product underpinning that growth. It also amended its credit facility up to $200M, adding liquidity for working-capital and ramp needs, and issued Q4 2026 guidance; the stock sank even as the Q3 results and guidance topped estimates. The AI datacenter line is the piece that matters — it is the fastest-growing part of the business and the reason the stock carries a growth multiple. Q4 guidance is now the number to trade against; the release did not disclose the specific revenue or EPS ranges in the material provided.
At the time of this announcement, MXL was trading at $65.28 on NASDAQ in the Technology sector, with a market capitalization of approximately $5.9B. The 52-week trading range was $12.77 to $128.30. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Wiseek News.