MaxLinear reported a slight increase in net revenue for the first quarter of 2025, reaching $95.9 million compared to the $95.3 million recorded in the same period last year. This modest growth comes alongside efforts to manage costs more effectively, which is reflected in the company’s reported financial results.

According to data, MaxLinear achieved an improvement in its gross profit margin, rising to approximately 56% from 52% in Q1 2024. Operating expenses were reduced significantly from $123.9 million to around $101.57 million, thanks largely to decreased R&D expenditure and restructuring charges. These cost-cutting measures have contributed to a smaller net loss of approximately $49.71 million, compared to a loss of $72.31 million in the previous year.

Despite the improvements in various financial aspects, MaxLinear continues to post losses, albeit narrower. The company reported an improved loss per share of $0.58, better than the $0.88 recorded last year, while its cash position also saw a reduction to $102.8 million from $118.6 million at the end of 2024. These figures underscore MaxLinear’s ongoing challenges in transitioning towards profitability, even as it refines its strategies and processes.