vs

Side-by-side financial comparison of Ategrity Specialty Insurance Co Holdings (ASIC) 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 $116.1M, roughly 1.2× Ategrity Specialty Insurance Co Holdings). Ategrity Specialty Insurance Co Holdings runs the higher net margin — 19.5% vs -32.9%, a 52.4% gap on every dollar of revenue.

Ategrity Specialty Insurance Co Holdings is a specialty insurance holding company that provides commercial property and casualty insurance solutions. It primarily focuses on excess and surplus lines coverage, serving niche segments including construction, healthcare, and small business markets across the United States, offering tailored policies for unique, hard-to-place risks that standard carriers do not typically cover.

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.

ASIC vs MXL — Head-to-Head

Bigger by revenue
MXL
MXL
1.2× larger
MXL
$137.2M
$116.1M
ASIC
Higher net margin
ASIC
ASIC
52.4% more per $
ASIC
19.5%
-32.9%
MXL

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
ASIC
ASIC
MXL
MXL
Revenue
$116.1M
$137.2M
Net Profit
$22.7M
$-45.1M
Gross Margin
57.5%
Operating Margin
25.6%
30.0%
Net Margin
19.5%
-32.9%
Revenue YoY
43.0%
Net Profit YoY
-203.0%
EPS (diluted)
$0.45
$-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
ASIC
ASIC
MXL
MXL
Q1 26
$137.2M
Q4 25
$136.4M
Q3 25
$116.1M
$126.5M
Q2 25
$101.8M
$108.8M
Q1 25
$95.9M
Q4 24
$92.2M
Q3 24
$81.1M
Q2 24
$92.0M
Net Profit
ASIC
ASIC
MXL
MXL
Q1 26
$-45.1M
Q4 25
$-14.9M
Q3 25
$22.7M
$-45.5M
Q2 25
$17.6M
$-26.6M
Q1 25
$-49.7M
Q4 24
$-57.8M
Q3 24
$-75.8M
Q2 24
$-39.3M
Gross Margin
ASIC
ASIC
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
ASIC
ASIC
MXL
MXL
Q1 26
30.0%
Q4 25
-10.9%
Q3 25
25.6%
-32.7%
Q2 25
21.9%
-22.6%
Q1 25
-48.0%
Q4 24
-44.7%
Q3 24
-82.3%
Q2 24
-44.4%
Net Margin
ASIC
ASIC
MXL
MXL
Q1 26
-32.9%
Q4 25
-10.9%
Q3 25
19.5%
-36.0%
Q2 25
17.3%
-24.4%
Q1 25
-51.8%
Q4 24
-62.8%
Q3 24
-93.4%
Q2 24
-42.7%
EPS (diluted)
ASIC
ASIC
MXL
MXL
Q1 26
$-0.52
Q4 25
$-0.17
Q3 25
$0.45
$-0.52
Q2 25
$0.39
$-0.31
Q1 25
$-0.58
Q4 24
$-0.68
Q3 24
$-0.90
Q2 24
$-0.47

Balance Sheet & Financial Strength

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

Metric
ASIC
ASIC
MXL
MXL
Cash + ST InvestmentsLiquidity on hand
$34.3M
$61.1M
Total DebtLower is stronger
$123.8M
Stockholders' EquityBook value
$588.6M
$454.2M
Total Assets
$1.4B
$771.3M
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASIC
ASIC
MXL
MXL
Q1 26
$61.1M
Q4 25
$72.8M
Q3 25
$34.3M
$111.9M
Q2 25
$23.5M
$108.6M
Q1 25
$102.8M
Q4 24
$118.6M
Q3 24
$148.5M
Q2 24
$185.1M
Total Debt
ASIC
ASIC
MXL
MXL
Q1 26
$123.8M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
ASIC
ASIC
MXL
MXL
Q1 26
$454.2M
Q4 25
$451.9M
Q3 25
$588.6M
$464.7M
Q2 25
$559.7M
$488.3M
Q1 25
$493.2M
Q4 24
$516.3M
Q3 24
$556.9M
Q2 24
$617.3M
Total Assets
ASIC
ASIC
MXL
MXL
Q1 26
$771.3M
Q4 25
$796.4M
Q3 25
$1.4B
$808.1M
Q2 25
$1.4B
$863.7M
Q1 25
$855.3M
Q4 24
$864.6M
Q3 24
$895.3M
Q2 24
$973.2M
Debt / Equity
ASIC
ASIC
MXL
MXL
Q1 26
0.27×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
ASIC
ASIC
MXL
MXL
Operating Cash FlowLast quarter
$41.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.81×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASIC
ASIC
MXL
MXL
Q1 26
Q4 25
$10.4M
Q3 25
$41.1M
$10.1M
Q2 25
$50.8M
$10.5M
Q1 25
$-11.4M
Q4 24
$-27.8M
Q3 24
$-30.7M
Q2 24
$-2.7M
Free Cash Flow
ASIC
ASIC
MXL
MXL
Q1 26
Q4 25
$6.7M
Q3 25
$4.4M
Q2 25
$9.3M
Q1 25
$-13.4M
Q4 24
$-30.0M
Q3 24
$-34.9M
Q2 24
$-5.7M
FCF Margin
ASIC
ASIC
MXL
MXL
Q1 26
Q4 25
4.9%
Q3 25
3.5%
Q2 25
8.6%
Q1 25
-14.0%
Q4 24
-32.6%
Q3 24
-43.0%
Q2 24
-6.2%
Capex Intensity
ASIC
ASIC
MXL
MXL
Q1 26
Q4 25
2.7%
Q3 25
4.5%
Q2 25
1.1%
Q1 25
2.1%
Q4 24
2.4%
Q3 24
5.1%
Q2 24
3.3%
Cash Conversion
ASIC
ASIC
MXL
MXL
Q1 26
Q4 25
Q3 25
1.81×
Q2 25
2.88×
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

Related Comparisons