UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to Commission file number: 001-34666 MaxLinear Inc. (Exact name of Registrant as specified in its charter) Delaware 14-1896129 (State or other jurisdiction of incorp ...

Financial Data and Key Metrics Changes - MaxLinear reported Q2 2019 revenue of $82.5 million, consistent with updated guidance, despite headwinds from Huawei shipment restrictions [11][23] - GAAP gross margins were approximately 53.4%, while non-GAAP gross margins were 63.9%, with non-GAAP gross margin improving by 40 basis points sequentially [25][26] - GAAP operating expenses were approximately $47 million, below guidance, primarily due to lower stock-based bonus accruals [27] Business Line Data and Key Metrics Changes - Infrastructure business revenue increased by 2% sequentially, driven by demand for wireless backhaul RF portfolio [23] - Connected home business decreased by 11%, impacted by softness in cable and satellite markets [24] - Industrial multimarket business grew by 12% sequentially, supported by broad-based demand improvements, particularly in China [24] Market Data and Key Metrics Changes - The connected home market faced challenges due to weak operator spending and technology transitions, leading to a forecasted decline of 5% to 10% sequentially [34] - Industrial multimarket showed resilience with high single-digit revenue growth expected, driven by improved distributor sell-through patterns [35] Company Strategy and Development Direction - The company is focused on expanding its infrastructure initiatives, particularly in 5G wireless and optical data center markets, with expectations of stronger revenue streams in the second half of 2019 [12][40] - MaxLinear aims to maintain strong profitability and cash flow generation while investing in strategic development programs to support long-term growth [41][42] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in infrastructure revenue growth prospects for 2020, despite current challenges in the connected home market [12][40] - The company is navigating a turbulent environment but remains optimistic about upcoming upgrade cycles in data center and wireless markets [42] Other Important Information - The company made $15 million in debt prepayments during Q2, with total debt prepayments reaching $198 million [29] - A test house shutdown in Indonesia may lead to potential supply constraints for approximately 80 products in Q3 [34][46] Q&A Session Summary Question: Impact of the test house strike on supply constraints - Management indicated that most affected products are from the HPA portfolio, which falls under industrial multimarket and infrastructure categories [45][46] Question: Revenue impact from Huawei restrictions - Management noted that the impact from Huawei is expected to be around $3 million for Q3, with ongoing evaluations for potential legal resumption of shipments [47][32] Question: Components of the connected home business - Management discussed the challenges in the cable and satellite markets, indicating that the connected home business is currently at lower levels than two years ago [49][50] Question: Sustainability of demand in industrial multimarket - Management expressed cautious optimism regarding industrial multimarket revenues, noting that while there are uncertainties, new product launches are expected to drive growth [72][79] Question: CapEx trends - Management indicated that the low CapEx in the current quarter is likely a one-time occurrence, with expectations of around $10 million annually [90] Question: Competitive landscape for massive-MIMO - Management expressed confidence in their product's competitive position, emphasizing unique attributes and integration advantages over competitors [92][94]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION (Exact name of Registrant as specified in its charter) Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to Commission file number: 001-34666 MaxLinear Inc. Delaware 14-1896129 (State or other jurisdiction of incorporati ...

MaxLinear Investor Presentation June 2019 Disclaimer 2 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, among others, statements concerning our future financial performance and operating results forecasts as well as trends and growth opportunities in our product markets, our product development ini ...

MaxLinear, Inc. (NASDAQ:MXL) Q1 2019 Earnings Conference Call May 1, 2019 4:30 PM ET Company Participants Brian Nugent - Investor Relations Kishore Seendripu - Chairman, President and Chief Executive Officer Steve Litchfield - Chief Financial Officer and Chief Corporate Strategy Officer Conference Call Participants Quinn Bolton - Needham & Company Christopher Rolland - Susquehanna International Tore Svanberg - Stifel Bill Peterson - JPMorgan Alessandra Vecchi - William Blair Darrell Gustafson - Deutsche Ban ...

[Part I - FINANCIAL INFORMATION](index=3&type=section&id=Part%20I) [Financial Statements (unaudited)](index=4&type=section&id=Item%201.%20Financial%20Statements%20(unaudited)) Q1 2019 saw a **net loss of $4.9 million**, reversing **$1.8 million net income** in Q1 2018, driven by a **24% revenue decline** Consolidated Statements of Operations Highlights (Q1 2019 vs Q1 2018) | Metric | Q1 2019 (in thousands) | Q1 2018 (in thousands) | Change (%) | | :--- | :--- | :--- | :--- | | Net Revenue | $84,635 | $110,827 | -23.6% | | Gross Profit | $45,077 | $62,668 | -28.1% | | Income (Loss) from Operations | $(7,830) | $4,430 | -276.7% | | Net Income (Loss) | $(4,851) | $1,847 | -362.6% | | Diluted EPS | $(0.07) | $0.03 | -333.3% | Consolidated Balance Sheets Highlights | Metric | March 31, 2019 (in thousands) | December 31, 2018 (in thousands) | | :--- | :--- | :--- | | Cash and cash equivalents | $71,102 | $73,142 | | Total Current Assets | $179,320 | $180,611 | | Goodwill | $238,330 | $238,330 | | Total Assets | $748,882 | $738,831 | | Long-term debt | $241,044 | $255,757 | | Total Liabilities | $340,678 | $338,895 | | Total Stockholders' Equity | $408,204 | $399,936 | - The company adopted the new lease accounting standard ASC 842 on January 1, 2019, recognizing approximately **$24.8 million** of right-of-use assets and a net increase of **$25.1 million** in lease-related liabilities[37](index=37&type=chunk) - Net cash provided by operating activities was **$16.0 million**, while net cash used in financing activities was **$16.8 million**, primarily due to a **$15.0 million** repayment of debt[25](index=25&type=chunk)[170](index=170&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=31&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Revenue declined **24%** due to cable market slowdown, gross margin fell to **53%**, and operating expenses decreased due to cost controls [Results of Operations](index=34&type=section&id=Results%20of%20Operations) Q1 2019 net revenue fell **24%** to **$84.6 million**, mainly due to a **34% drop** in Connected Home, with gross margin contracting to **53%** Net Revenue by Market (Q1 2019 vs Q1 2018) | Market | Q1 2019 (in thousands) | Q1 2018 (in thousands) | Change (%) | | :--- | :--- | :--- | :--- | | Connected home | $43,432 | $65,658 | (34)% | | Infrastructure | $22,102 | $20,490 | 8% | | Industrial and multi-market | $19,101 | $24,679 | (23)% | | **Total Net Revenue** | **$84,635** | **$110,827** | **(24)%** | - The decrease in Connected Home revenue was driven by a slowdown in the cable market transition from DOCSIS 3.0 to DOCSIS 3.1 and related customer inventory reductions[147](index=147&type=chunk) - Gross margin decreased from **57%** to **53%** year-over-year, attributed to lower revenue and product mix[148](index=148&type=chunk)[149](index=149&type=chunk) - R&D expense decreased by **12%** (**$3.7 million**) due to lower headcount, depreciation, and prototype expenses. SG&A expense decreased by **13%** (**$3.5 million**) primarily from lower intangible asset amortization and payroll expenses[151](index=151&type=chunk)[153](index=153&type=chunk) [Liquidity and Capital Resources](index=38&type=section&id=Liquidity%20and%20Capital%20Resources) The company held **$71.1 million** cash, generated **$16.0 million** from operations, and repaid **$15.0 million** debt in Q1 2019 Cash Flow Summary (Three Months Ended March 31) | Cash Flow Activity | 2019 (in thousands) | 2018 (in thousands) | | :--- | :--- | :--- | | Net cash provided by operating activities | $16,045 | $11,971 | | Net cash used in investing activities | $(2,155) | $(2,381) | | Net cash used in financing activities | $(16,791) | $(26,411) | - Financing activities in Q1 2019 included a **$15.0 million** repayment of debt and **$4.4 million** for tax withholding on employee stock units, offset by **$2.6 million** in proceeds from stock option exercises[170](index=170&type=chunk) - The company had **$247.0 million** in long-term debt obligations remaining as of March 31, 2019, all due in more than 5 years[178](index=178&type=chunk) [Quantitative and Qualitative Disclosures about Market Risk](index=42&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) Primary market risks are foreign currency and interest rates, with a swap fixing a portion of the **$247.0 million** variable-rate debt at **4.25%** - The company has limited exposure to foreign currency risk as most international customer and vendor agreements are denominated in U.S. dollars[183](index=183&type=chunk) - To hedge interest rate risk on its term loan, the company entered into a fixed-for-floating interest rate swap, effectively fixing the rate on a substantial portion of its debt at approximately **4.25%**[184](index=184&type=chunk) - The company is still subject to variable interest rates on the portion of its debt principal that exceeds the notional amount of the interest rate swap[184](index=184&type=chunk) [Controls and Procedures](index=43&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded disclosure controls were effective as of March 31, 2019, with no material changes to internal controls during the quarter - The principal executive officer and principal financial officer concluded that the company's disclosure controls and procedures were effective as of the end of the period covered by the report (March 31, 2019)[187](index=187&type=chunk) - No changes in internal control over financial reporting occurred during the quarter that have materially affected, or are reasonably likely to materially affect, the company's internal controls[188](index=188&type=chunk) [Part II - OTHER INFORMATION](index=44&type=section&id=Part%20II) [Legal Proceedings](index=44&type=section&id=Item%201.%20Legal%20Proceedings) The company faces ongoing legal proceedings with CrestaTech over patent disputes and Trango Systems regarding fraud and contract claims - In the CrestaTech litigation, the District Court case was dismissed in April 2018, but disputes related to the '585 Patent continue through the inter parties review (IPR) process[191](index=191&type=chunk) - In the Trango Systems, Inc. litigation, the court granted MaxLinear's motion for summary judgment in part on April 5, 2019, dismissing Trango's fraud-based claims. The trial for remaining claims is scheduled for August 9, 2019[192](index=192&type=chunk) [Risk Factors](index=45&type=section&id=Item%201A.%20Risk%20Factors) The company faces intense competition, customer concentration, market/geographic dependence, supply chain, acquisition/debt, and IP litigation risks - **Competition:** The company faces intense competition from large, international semiconductor companies, which could result in price pressure, reduced profitability, and loss of market share[197](index=197&type=chunk)[198](index=198&type=chunk) - **Customer Concentration:** A significant portion of revenue depends on a limited number of customers. In Q1 2019, one customer accounted for **12%** of net revenue, and the top ten accounted for **60%**[201](index=201&type=chunk)[202](index=202&type=chunk) - **Market & Geographic Dependence:** The business is heavily reliant on the connected home market (**51%** of Q1 2019 revenue) and sales to Asia (**85%** of revenue), with China alone accounting for **67%** of revenue, creating vulnerability to market downturns and trade policy changes[207](index=207&type=chunk)[266](index=266&type=chunk)[270](index=270&type=chunk) - **Supply Chain Risk:** The company operates a fabless model, relying on a limited number of third-party foundries located primarily in the Pacific Rim region (China, Taiwan, Singapore), which presents risks of capacity shortages and geopolitical or natural disaster disruptions[239](index=239&type=chunk)[241](index=241&type=chunk) - **Acquisition & Debt Risk:** The company faces risks integrating acquired businesses and managing the **$425.0 million** in debt incurred for the Exar acquisition, which could limit operational flexibility and require significant cash for servicing[295](index=295&type=chunk)[305](index=305&type=chunk)[306](index=306&type=chunk) - **Intellectual Property Risk:** The company is party to ongoing IP litigation (Trango) and faces the risk of future infringement claims, which are costly and time-consuming to defend[220](index=220&type=chunk)[298](index=298&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=67&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company reported no unregistered sales or repurchases of equity securities during the quarter - There were no unregistered sales of equity securities during the period[314](index=314&type=chunk) - There were no repurchases of equity securities by the company during the period[315](index=315&type=chunk) [Defaults Upon Senior Securities](index=67&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) The company reported no defaults on its senior securities during the period - None[316](index=316&type=chunk) [Mine Safety Disclosures](index=67&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This item is not applicable to the company - Not applicable[317](index=317&type=chunk) [Other Information](index=67&type=section&id=Item%205.%20Other%20Information) The company reported no other information for the period - None[318](index=318&type=chunk) [Exhibits](index=68&type=section&id=Item%206.%20Exhibits) This section lists exhibits filed with Form 10-Q, including officer certifications and XBRL data - The exhibits include certifications from the Principal Executive Officer and Principal Financial Officer pursuant to Sections 302 and 906 of the Sarbanes-Oxley Act of 2002[319](index=319&type=chunk)

MaxLinear, Inc. (NASDAQ:MXL) Q4 2018 Earnings Conference Call February 5, 2019 4:30 PM ET Company Participants Brian Nugent - Investor Relations Steve Litchfield - Chief Financial Officer & Chief Corporate Strategy Officer Conference Call Participants Quinn Bolton - Needham & Company Tore Svanberg - Stifel Ross Seymore - Deutsche Bank Bill Peterson - JPMorgan Chase Gary Mobley - The Benchmark Company Suji Desilva - Roth Capital Chris Rolland - Susquehanna Alessandra Vecchi – William Blair Operator Greetings ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K For the Fiscal Year Ended December 31, 2018 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From to Commission file number: 001-34666 MaxLinear, Inc. (Exact name of Registrant as specified in its charter) Delaware 14-1896129 (State or other jurisdiction of incorporation or organization) 5966 La Place Court, Suite 100 Carlsbad, California 92008 (Address of ...

MaxLinear Investor Presentation January 2019 Disclaimer 2 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, among others, statements concerning our future financial performance; trends and growth opportunities in our product markets; anticipated benefits and synergies arising from our recent acquisi ...