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Side-by-side financial comparison of AMPCO PITTSBURGH CORP (AP) and MAXLINEAR, INC (MXL). Click either name above to swap in a different company.

MAXLINEAR, INC is the larger business by last-quarter revenue ($137.2M vs $104.4M, roughly 1.3× AMPCO PITTSBURGH CORP). MAXLINEAR, INC runs the higher net margin — -32.9% vs -55.2%, a 22.3% gap on every dollar of revenue. On growth, MAXLINEAR, INC posted the faster year-over-year revenue change (43.0% vs 11.5%). Over the past eight quarters, MAXLINEAR, INC's revenue compounded faster (22.1% CAGR vs -2.6%).

Ampco-Pittsburgh Corporation is a specialty steel manufacturer headquartered in Downtown Pittsburgh, Pennsylvania. It is one of several companies to bear the Ampco name, and it should not be confused with the Milwaukee-based copper base alloy producer, Ampco Metal Inc.; the Miami-based cabinetry company; the Swiss aluminum corporation; or the Dallas-based tool company. Ampco was formed in 1929 and is a conglomerate made up of several previously established small steel makers. Five small compa...

MaxLinear, Inc. is an American electronic hardware company. Founded in 2003, it provides highly integrated radio-frequency (RF) analog and mixed-signal semiconductor products for broadband communications applications. It is a New York Stock Exchange-traded company.

AP vs MXL — Head-to-Head

Bigger by revenue
MXL
MXL
1.3× larger
MXL
$137.2M
$104.4M
AP
Growing faster (revenue YoY)
MXL
MXL
+31.6% gap
MXL
43.0%
11.5%
AP
Higher net margin
MXL
MXL
22.3% more per $
MXL
-32.9%
-55.2%
AP
Faster 2-yr revenue CAGR
MXL
MXL
Annualised
MXL
22.1%
-2.6%
AP

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AP
AP
MXL
MXL
Revenue
$104.4M
$137.2M
Net Profit
$-57.7M
$-45.1M
Gross Margin
57.5%
Operating Margin
-54.0%
30.0%
Net Margin
-55.2%
-32.9%
Revenue YoY
11.5%
43.0%
Net Profit YoY
-1958.9%
-203.0%
EPS (diluted)
$-2.87
$-0.52

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AP
AP
MXL
MXL
Q1 26
$137.2M
Q4 25
$104.4M
$136.4M
Q3 25
$103.7M
$126.5M
Q2 25
$108.9M
$108.8M
Q1 25
$99.2M
$95.9M
Q4 24
$93.6M
$92.2M
Q3 24
$92.1M
$81.1M
Q2 24
$107.1M
$92.0M
Net Profit
AP
AP
MXL
MXL
Q1 26
$-45.1M
Q4 25
$-57.7M
$-14.9M
Q3 25
$-2.2M
$-45.5M
Q2 25
$-7.3M
$-26.6M
Q1 25
$1.1M
$-49.7M
Q4 24
$3.1M
$-57.8M
Q3 24
$-2.0M
$-75.8M
Q2 24
$2.0M
$-39.3M
Gross Margin
AP
AP
MXL
MXL
Q1 26
57.5%
Q4 25
57.6%
Q3 25
56.9%
Q2 25
56.5%
Q1 25
56.1%
Q4 24
55.6%
Q3 24
54.4%
Q2 24
54.6%
Operating Margin
AP
AP
MXL
MXL
Q1 26
30.0%
Q4 25
-54.0%
-10.9%
Q3 25
1.1%
-32.7%
Q2 25
-2.8%
-22.6%
Q1 25
3.9%
-48.0%
Q4 24
5.5%
-44.7%
Q3 24
2.0%
-82.3%
Q2 24
4.7%
-44.4%
Net Margin
AP
AP
MXL
MXL
Q1 26
-32.9%
Q4 25
-55.2%
-10.9%
Q3 25
-2.1%
-36.0%
Q2 25
-6.7%
-24.4%
Q1 25
1.2%
-51.8%
Q4 24
3.3%
-62.8%
Q3 24
-2.1%
-93.4%
Q2 24
1.9%
-42.7%
EPS (diluted)
AP
AP
MXL
MXL
Q1 26
$-0.52
Q4 25
$-2.87
$-0.17
Q3 25
$-0.11
$-0.52
Q2 25
$-0.36
$-0.31
Q1 25
$0.06
$-0.58
Q4 24
$0.16
$-0.68
Q3 24
$-0.10
$-0.90
Q2 24
$0.10
$-0.47

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AP
AP
MXL
MXL
Cash + ST InvestmentsLiquidity on hand
$10.7M
$61.1M
Total DebtLower is stronger
$117.9M
$123.8M
Stockholders' EquityBook value
$32.6M
$454.2M
Total Assets
$495.4M
$771.3M
Debt / EquityLower = less leverage
3.61×
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AP
AP
MXL
MXL
Q1 26
$61.1M
Q4 25
$10.7M
$72.8M
Q3 25
$15.0M
$111.9M
Q2 25
$9.9M
$108.6M
Q1 25
$7.1M
$102.8M
Q4 24
$15.4M
$118.6M
Q3 24
$11.8M
$148.5M
Q2 24
$7.9M
$185.1M
Total Debt
AP
AP
MXL
MXL
Q1 26
$123.8M
Q4 25
$117.9M
Q3 25
$119.0M
Q2 25
$115.9M
Q1 25
$115.0M
Q4 24
$116.4M
Q3 24
$116.0M
Q2 24
$119.4M
Stockholders' Equity
AP
AP
MXL
MXL
Q1 26
$454.2M
Q4 25
$32.6M
$451.9M
Q3 25
$60.1M
$464.7M
Q2 25
$62.7M
$488.3M
Q1 25
$64.6M
$493.2M
Q4 24
$58.9M
$516.3M
Q3 24
$61.3M
$556.9M
Q2 24
$58.0M
$617.3M
Total Assets
AP
AP
MXL
MXL
Q1 26
$771.3M
Q4 25
$495.4M
$796.4M
Q3 25
$524.4M
$808.1M
Q2 25
$537.2M
$863.7M
Q1 25
$536.2M
$855.3M
Q4 24
$530.9M
$864.6M
Q3 24
$547.4M
$895.3M
Q2 24
$560.8M
$973.2M
Debt / Equity
AP
AP
MXL
MXL
Q1 26
0.27×
Q4 25
3.61×
Q3 25
1.98×
Q2 25
1.85×
Q1 25
1.78×
Q4 24
1.98×
Q3 24
1.89×
Q2 24
2.06×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AP
AP
MXL
MXL
Operating Cash FlowLast quarter
$2.7M
Free Cash FlowOCF − Capex
$-64.0K
FCF MarginFCF / Revenue
-0.1%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-8.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AP
AP
MXL
MXL
Q1 26
Q4 25
$2.7M
$10.4M
Q3 25
$6.3M
$10.1M
Q2 25
$-2.3M
$10.5M
Q1 25
$-5.3M
$-11.4M
Q4 24
$7.5M
$-27.8M
Q3 24
$11.4M
$-30.7M
Q2 24
$-5.3M
$-2.7M
Free Cash Flow
AP
AP
MXL
MXL
Q1 26
Q4 25
$-64.0K
$6.7M
Q3 25
$3.3M
$4.4M
Q2 25
$-3.8M
$9.3M
Q1 25
$-7.5M
$-13.4M
Q4 24
$3.7M
$-30.0M
Q3 24
$8.4M
$-34.9M
Q2 24
$-8.0M
$-5.7M
FCF Margin
AP
AP
MXL
MXL
Q1 26
Q4 25
-0.1%
4.9%
Q3 25
3.2%
3.5%
Q2 25
-3.5%
8.6%
Q1 25
-7.5%
-14.0%
Q4 24
4.0%
-32.6%
Q3 24
9.1%
-43.0%
Q2 24
-7.5%
-6.2%
Capex Intensity
AP
AP
MXL
MXL
Q1 26
Q4 25
2.7%
2.7%
Q3 25
2.9%
4.5%
Q2 25
1.3%
1.1%
Q1 25
2.2%
2.1%
Q4 24
4.0%
2.4%
Q3 24
3.2%
5.1%
Q2 24
2.5%
3.3%
Cash Conversion
AP
AP
MXL
MXL
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
-4.62×
Q4 24
2.40×
Q3 24
Q2 24
-2.64×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AP
AP

Forged And Cast Mill Rolls$67.0M64%
Air Handling Systems$14.3M14%
Heat Exchange Coils$13.1M13%
Centrifugal Pumps$10.3M10%
Forged Engineered Products$4.0M4%

MXL
MXL

Segment breakdown not available.

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