vs

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

DOUGLAS DYNAMICS, INC is the larger business by last-quarter revenue ($184.5M vs $137.2M, roughly 1.3× MAXLINEAR, INC). DOUGLAS DYNAMICS, INC runs the higher net margin — 7.0% vs -32.9%, a 39.9% gap on every dollar of revenue. On growth, MAXLINEAR, INC posted the faster year-over-year revenue change (43.0% vs 28.6%). Over the past eight quarters, DOUGLAS DYNAMICS, INC's revenue compounded faster (38.9% CAGR vs 22.1%).

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.

General Dynamics Corporation (GD) is an American industrial and technology company based in Reston, Virginia. It is primarily a developer and producer of advanced military equipment of a wide variety, such as nuclear submarines, main battle tanks, and armoured fighting vehicles. It is also the manufacturer of the civilian aviation Gulfstream business jets and a provider of information technology services. The company is the 3rd largest of the top 100 contractors of the U.S. federal government...

MXL vs PLOW — Head-to-Head

Bigger by revenue
PLOW
PLOW
1.3× larger
PLOW
$184.5M
$137.2M
MXL
Growing faster (revenue YoY)
MXL
MXL
+14.4% gap
MXL
43.0%
28.6%
PLOW
Higher net margin
PLOW
PLOW
39.9% more per $
PLOW
7.0%
-32.9%
MXL
Faster 2-yr revenue CAGR
PLOW
PLOW
Annualised
PLOW
38.9%
22.1%
MXL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MXL
MXL
PLOW
PLOW
Revenue
$137.2M
$184.5M
Net Profit
$-45.1M
$12.8M
Gross Margin
57.5%
26.1%
Operating Margin
30.0%
10.5%
Net Margin
-32.9%
7.0%
Revenue YoY
43.0%
28.6%
Net Profit YoY
-203.0%
62.3%
EPS (diluted)
$-0.52
$0.54

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
MXL
MXL
PLOW
PLOW
Q1 26
$137.2M
Q4 25
$136.4M
$184.5M
Q3 25
$126.5M
$162.1M
Q2 25
$108.8M
$194.3M
Q1 25
$95.9M
$115.1M
Q4 24
$92.2M
$143.5M
Q3 24
$81.1M
$129.4M
Q2 24
$92.0M
$199.9M
Net Profit
MXL
MXL
PLOW
PLOW
Q1 26
$-45.1M
Q4 25
$-14.9M
$12.8M
Q3 25
$-45.5M
$8.0M
Q2 25
$-26.6M
$26.0M
Q1 25
$-49.7M
$148.0K
Q4 24
$-57.8M
$7.9M
Q3 24
$-75.8M
$32.3M
Q2 24
$-39.3M
$24.3M
Gross Margin
MXL
MXL
PLOW
PLOW
Q1 26
57.5%
Q4 25
57.6%
26.1%
Q3 25
56.9%
23.5%
Q2 25
56.5%
31.0%
Q1 25
56.1%
24.5%
Q4 24
55.6%
24.9%
Q3 24
54.4%
23.9%
Q2 24
54.6%
30.7%
Operating Margin
MXL
MXL
PLOW
PLOW
Q1 26
30.0%
Q4 25
-10.9%
10.5%
Q3 25
-32.7%
8.7%
Q2 25
-22.6%
19.0%
Q1 25
-48.0%
2.8%
Q4 24
-44.7%
9.0%
Q3 24
-82.3%
35.4%
Q2 24
-44.4%
18.2%
Net Margin
MXL
MXL
PLOW
PLOW
Q1 26
-32.9%
Q4 25
-10.9%
7.0%
Q3 25
-36.0%
4.9%
Q2 25
-24.4%
13.4%
Q1 25
-51.8%
0.1%
Q4 24
-62.8%
5.5%
Q3 24
-93.4%
24.9%
Q2 24
-42.7%
12.2%
EPS (diluted)
MXL
MXL
PLOW
PLOW
Q1 26
$-0.52
Q4 25
$-0.17
$0.54
Q3 25
$-0.52
$0.33
Q2 25
$-0.31
$1.09
Q1 25
$-0.58
$0.00
Q4 24
$-0.68
$0.35
Q3 24
$-0.90
$1.36
Q2 24
$-0.47
$1.02

Balance Sheet & Financial Strength

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

Metric
MXL
MXL
PLOW
PLOW
Cash + ST InvestmentsLiquidity on hand
$61.1M
Total DebtLower is stronger
$123.8M
$144.0M
Stockholders' EquityBook value
$454.2M
$281.4M
Total Assets
$771.3M
$626.7M
Debt / EquityLower = less leverage
0.27×
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MXL
MXL
PLOW
PLOW
Q1 26
$61.1M
Q4 25
$72.8M
Q3 25
$111.9M
Q2 25
$108.6M
Q1 25
$102.8M
Q4 24
$118.6M
Q3 24
$148.5M
Q2 24
$185.1M
Total Debt
MXL
MXL
PLOW
PLOW
Q1 26
$123.8M
Q4 25
$144.0M
Q3 25
Q2 25
Q1 25
Q4 24
$147.5M
Q3 24
Q2 24
Stockholders' Equity
MXL
MXL
PLOW
PLOW
Q1 26
$454.2M
Q4 25
$451.9M
$281.4M
Q3 25
$464.7M
$275.3M
Q2 25
$488.3M
$273.3M
Q1 25
$493.2M
$258.9M
Q4 24
$516.3M
$264.2M
Q3 24
$556.9M
$260.8M
Q2 24
$617.3M
$236.7M
Total Assets
MXL
MXL
PLOW
PLOW
Q1 26
$771.3M
Q4 25
$796.4M
$626.7M
Q3 25
$808.1M
$694.9M
Q2 25
$863.7M
$671.5M
Q1 25
$855.3M
$621.0M
Q4 24
$864.6M
$590.0M
Q3 24
$895.3M
$665.6M
Q2 24
$973.2M
$617.0M
Debt / Equity
MXL
MXL
PLOW
PLOW
Q1 26
0.27×
Q4 25
0.51×
Q3 25
Q2 25
Q1 25
Q4 24
0.56×
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
MXL
MXL
PLOW
PLOW
Operating Cash FlowLast quarter
$95.9M
Free Cash FlowOCF − Capex
$92.8M
FCF MarginFCF / Revenue
50.3%
Capex IntensityCapex / Revenue
1.7%
Cash ConversionOCF / Net Profit
7.47×
TTM Free Cash FlowTrailing 4 quarters
$63.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MXL
MXL
PLOW
PLOW
Q1 26
Q4 25
$10.4M
$95.9M
Q3 25
$10.1M
$-8.5M
Q2 25
$10.5M
$-11.4M
Q1 25
$-11.4M
$-1.3M
Q4 24
$-27.8M
$74.4M
Q3 24
$-30.7M
$-14.2M
Q2 24
$-2.7M
$2.5M
Free Cash Flow
MXL
MXL
PLOW
PLOW
Q1 26
Q4 25
$6.7M
$92.8M
Q3 25
$4.4M
$-11.4M
Q2 25
$9.3M
$-14.3M
Q1 25
$-13.4M
$-3.5M
Q4 24
$-30.0M
$70.2M
Q3 24
$-34.9M
$-15.2M
Q2 24
$-5.7M
$836.0K
FCF Margin
MXL
MXL
PLOW
PLOW
Q1 26
Q4 25
4.9%
50.3%
Q3 25
3.5%
-7.1%
Q2 25
8.6%
-7.4%
Q1 25
-14.0%
-3.0%
Q4 24
-32.6%
48.9%
Q3 24
-43.0%
-11.8%
Q2 24
-6.2%
0.4%
Capex Intensity
MXL
MXL
PLOW
PLOW
Q1 26
Q4 25
2.7%
1.7%
Q3 25
4.5%
1.8%
Q2 25
1.1%
1.5%
Q1 25
2.1%
1.9%
Q4 24
2.4%
2.9%
Q3 24
5.1%
0.8%
Q2 24
3.3%
0.8%
Cash Conversion
MXL
MXL
PLOW
PLOW
Q1 26
Q4 25
7.47×
Q3 25
-1.07×
Q2 25
-0.44×
Q1 25
-9.03×
Q4 24
9.41×
Q3 24
-0.44×
Q2 24
0.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MXL
MXL

Segment breakdown not available.

PLOW
PLOW

Work Truck Solutions$101.5M55%
Transferred At Point In Time$83.1M45%

Related Comparisons