MaxLinear Inc (MXL) is a leading provider of integrated radio-frequency (RF) and mixed-signal semiconductor solutions for a variety of markets, including broadband communications, data center, and industrial. The company's financials reflect its strong position in the industry, with impressive revenue and profit growth. In 2020, MaxLinear reported total revenue of $726 million, a significant increase from the previous year. The company's gross profit also saw a notable rise, reaching $340 million. MaxLinear's net income from stockholders in 2020 amounted to $51 million, reflecting the company's ability to generate profitable returns for its investors. MaxLinear's balance sheet showcases a healthy financial position, with total assets of $1.629 billion and stockholders' equity of $1.194 billion. The company's total debt stands at $524 million, resulting in a favorable net debt position of $342 million.
MaxLinear's cash flow statement highlights the company's strong operating cash flow, which amounted to $226 million in 2020. This demonstrates MaxLinear's ability to generate sufficient cash from its core operations to sustain its business activities. The company's investing cash flow, on the other hand, was negative at $123 million, indicating significant investments in capital expenditures and acquisitions. MaxLinear's financing cash flow was positive at $4 million, reflecting the company's ability to raise capital through debt and equity financing. MaxLinear's free cash flow, calculated by subtracting capital expenditures from operating cash flow, was $103 million in 2020, indicating the company's ability to generate excess cash after covering its necessary investments.
MaxLinear's financials show a solid performance and a promising outlook for the company. The company's strong revenue growth, gross profit, and net income from stockholders reflect its ability to deliver value to its customers and drive profitability. With a favorable net debt position and a healthy balance sheet, MaxLinear has a solid foundation for future growth and investment. The company's operating cash flow demonstrates its ability to generate cash from its core operations, while its investing and financing cash flows indicate its commitment to strategic investments and capital raising. Overall, MaxLinear's financials support its position as a leading provider of RF and mixed-signal semiconductor solutions.