MaxLinear (MXL) Investor presentation summary

Company overview and market position

• Founded in 2003, with IPO in 2010 and over 1,300 employees worldwide.

• Holds more than 1,000 patents and reported FY24 revenue of $360.5M (non-GAAP EPS: $(0.90)).

• Operates as a leading semiconductor supplier in infrastructure, connectivity, and broadband markets.

• Maintains a diversified end-market portfolio including industrial, multi-market, and broadband sectors.

Growth and market strategy

• Focuses on targeting and expanding into large, dynamic growth markets, with SAM projected to grow from $4B in FY20 to over $11B by FY27.

• Leverages product cycles and technology transitions (e.g., WiFi7, 800G/1.6T optical, Docsis 4.0) to drive share gains and higher ASPs.

• Platform approach increases content per platform, especially in broadband gateways, tripling content opportunity since FY19.

• New product introductions in optical, WiFi7, Ethernet, storage, and fiber have unlocked incremental market opportunities.

Product and innovation highlights

• Best-in-class optical technology targets hyperscale data center interconnects, with next-gen 1.6T PAM4 DSP and integrated solutions.

• Wireless infrastructure offerings scale across 5G remote radio head and wireless backhaul, increasing content opportunity by over 3-4x.

• Fiber gateway design wins in North America support share gains, with a $300M+ pipeline and increased silicon content per gateway.

• Storage accelerators deliver high throughput, low latency, and advanced data protection for AI and data center applications.