BlockBeats News, July 24th, Optical communication chip supplier MaxLinear released its Q2 2026 financial report, with total revenue of $169 million, a 55% year-over-year increase. Diluted earnings per share were $0.02 (compared to -$0.52 in the previous period), a 106% year-over-year increase. Net profit was $0.02 billion, a 107% year-over-year increase. Non-GAAP net income was $0.34 billion, an 1854% year-over-year increase, with Non-GAAP earnings per share of $0.35 ($0.22 in the previous period).

MaxLinear expects revenue for the next quarter to be between $210 million and $220 million. GAAP gross margin is projected to be 57.0% to 60.0%, and non-GAAP gross margin is expected to be 58.5% to 61.5%. The company anticipates non-GAAP operating expenses of $66 million to $71 million and estimates fully diluted shares outstanding to be 99 million shares.

According to BIT (bit.com) market data, MaxLinear's stock price plummeted over 11.22% in after-hours trading to $81.