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

BALCHEM CORP is the larger business by last-quarter revenue ($270.7M vs $137.2M, roughly 2.0× MAXLINEAR, INC). BALCHEM CORP runs the higher net margin — 14.9% vs -32.9%, a 47.8% gap on every dollar of revenue. On growth, MAXLINEAR, INC posted the faster year-over-year revenue change (43.0% vs 8.1%). Over the past eight quarters, MAXLINEAR, INC's revenue compounded faster (22.1% CAGR vs 7.5%).

Balchem Corp is a global specialty chemicals and nutritional ingredients provider that develops, manufactures and distributes application-specific products for human nutrition, animal health, pharmaceutical and industrial end markets, serving customers across North America, Europe and Asia Pacific.

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.

BCPC vs MXL — Head-to-Head

Bigger by revenue
BCPC
BCPC
2.0× larger
BCPC
$270.7M
$137.2M
MXL
Growing faster (revenue YoY)
MXL
MXL
+34.9% gap
MXL
43.0%
8.1%
BCPC
Higher net margin
BCPC
BCPC
47.8% more per $
BCPC
14.9%
-32.9%
MXL
Faster 2-yr revenue CAGR
MXL
MXL
Annualised
MXL
22.1%
7.5%
BCPC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BCPC
BCPC
MXL
MXL
Revenue
$270.7M
$137.2M
Net Profit
$40.3M
$-45.1M
Gross Margin
57.5%
Operating Margin
20.5%
30.0%
Net Margin
14.9%
-32.9%
Revenue YoY
8.1%
43.0%
Net Profit YoY
8.7%
-203.0%
EPS (diluted)
$1.25
$-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
BCPC
BCPC
MXL
MXL
Q1 26
$270.7M
$137.2M
Q4 25
$263.6M
$136.4M
Q3 25
$267.6M
$126.5M
Q2 25
$255.5M
$108.8M
Q1 25
$250.5M
$95.9M
Q4 24
$240.0M
$92.2M
Q3 24
$239.9M
$81.1M
Q2 24
$234.1M
$92.0M
Net Profit
BCPC
BCPC
MXL
MXL
Q1 26
$40.3M
$-45.1M
Q4 25
$39.2M
$-14.9M
Q3 25
$40.3M
$-45.5M
Q2 25
$38.3M
$-26.6M
Q1 25
$37.1M
$-49.7M
Q4 24
$33.6M
$-57.8M
Q3 24
$33.8M
$-75.8M
Q2 24
$32.1M
$-39.3M
Gross Margin
BCPC
BCPC
MXL
MXL
Q1 26
57.5%
Q4 25
35.6%
57.6%
Q3 25
35.7%
56.9%
Q2 25
36.4%
56.5%
Q1 25
35.2%
56.1%
Q4 24
36.0%
55.6%
Q3 24
35.6%
54.4%
Q2 24
35.5%
54.6%
Operating Margin
BCPC
BCPC
MXL
MXL
Q1 26
20.5%
30.0%
Q4 25
19.8%
-10.9%
Q3 25
20.4%
-32.7%
Q2 25
20.1%
-22.6%
Q1 25
20.4%
-48.0%
Q4 24
19.8%
-44.7%
Q3 24
20.0%
-82.3%
Q2 24
19.6%
-44.4%
Net Margin
BCPC
BCPC
MXL
MXL
Q1 26
14.9%
-32.9%
Q4 25
14.9%
-10.9%
Q3 25
15.1%
-36.0%
Q2 25
15.0%
-24.4%
Q1 25
14.8%
-51.8%
Q4 24
14.0%
-62.8%
Q3 24
14.1%
-93.4%
Q2 24
13.7%
-42.7%
EPS (diluted)
BCPC
BCPC
MXL
MXL
Q1 26
$1.25
$-0.52
Q4 25
$1.21
$-0.17
Q3 25
$1.24
$-0.52
Q2 25
$1.17
$-0.31
Q1 25
$1.13
$-0.58
Q4 24
$1.03
$-0.68
Q3 24
$1.03
$-0.90
Q2 24
$0.98
$-0.47

Balance Sheet & Financial Strength

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

Metric
BCPC
BCPC
MXL
MXL
Cash + ST InvestmentsLiquidity on hand
$72.9M
$61.1M
Total DebtLower is stronger
$123.8M
Stockholders' EquityBook value
$1.3B
$454.2M
Total Assets
$1.7B
$771.3M
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BCPC
BCPC
MXL
MXL
Q1 26
$72.9M
$61.1M
Q4 25
$74.6M
$72.8M
Q3 25
$65.1M
$111.9M
Q2 25
$65.4M
$108.6M
Q1 25
$49.9M
$102.8M
Q4 24
$49.5M
$118.6M
Q3 24
$73.7M
$148.5M
Q2 24
$63.7M
$185.1M
Total Debt
BCPC
BCPC
MXL
MXL
Q1 26
$123.8M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
BCPC
BCPC
MXL
MXL
Q1 26
$1.3B
$454.2M
Q4 25
$1.3B
$451.9M
Q3 25
$1.3B
$464.7M
Q2 25
$1.3B
$488.3M
Q1 25
$1.2B
$493.2M
Q4 24
$1.1B
$516.3M
Q3 24
$1.2B
$556.9M
Q2 24
$1.1B
$617.3M
Total Assets
BCPC
BCPC
MXL
MXL
Q1 26
$1.7B
$771.3M
Q4 25
$1.7B
$796.4M
Q3 25
$1.7B
$808.1M
Q2 25
$1.7B
$863.7M
Q1 25
$1.6B
$855.3M
Q4 24
$1.6B
$864.6M
Q3 24
$1.6B
$895.3M
Q2 24
$1.6B
$973.2M
Debt / Equity
BCPC
BCPC
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
BCPC
BCPC
MXL
MXL
Operating Cash FlowLast quarter
$40.1M
Free Cash FlowOCF − Capex
$33.8M
FCF MarginFCF / Revenue
12.5%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
0.99×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BCPC
BCPC
MXL
MXL
Q1 26
$40.1M
Q4 25
$67.3M
$10.4M
Q3 25
$65.6M
$10.1M
Q2 25
$47.3M
$10.5M
Q1 25
$36.5M
$-11.4M
Q4 24
$52.3M
$-27.8M
Q3 24
$51.3M
$-30.7M
Q2 24
$45.0M
$-2.7M
Free Cash Flow
BCPC
BCPC
MXL
MXL
Q1 26
$33.8M
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
BCPC
BCPC
MXL
MXL
Q1 26
12.5%
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
BCPC
BCPC
MXL
MXL
Q1 26
2.3%
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
BCPC
BCPC
MXL
MXL
Q1 26
0.99×
Q4 25
1.72×
Q3 25
1.63×
Q2 25
1.23×
Q1 25
0.98×
Q4 24
1.56×
Q3 24
1.52×
Q2 24
1.40×

Financial Flow Comparison

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

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