MaxLinear Reports Strong Q2 Earnings and Raised Revenue Outlook
MaxLinear Inc. (MXL) reported a significant revenue increase of 55% year-on-year for its second quarter of fiscal 2026, driven by the adoption of its Keystone 5nm CMOS PAM4 DSP technology. The infrastructure segment became MaxLinear’s largest revenue contributor, growing at an impressive rate due to increased production in optical data center platforms. The company raised its full-year optical data center revenue guidance for 2026 to between $210 million and $230 million based on strong customer orders. Looking ahead, the upcoming Rushmore platform is expected to drive growth starting in 2027. MaxLinear also returned to GAAP profitability with an EPS of $0.02 as it secured wafer supply through prepayments amid rising input costs. MaxLinear’s strategic expansion into TIAs, drivers, and retimers supports diverse AI architectures like LPO and CPO while maintaining strong partnerships in foundry and OSAT sectors. The company expects Q3 2026 non-GAAP gross margin to reach 60% due to a shift toward high-margin infrastructure solutions.
Topics: data_center_infrastructure revenue_growth technology_adoption