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Side-by-side financial comparison of MAXLINEAR, INC (MXL) and POWER SOLUTIONS INTERNATIONAL, INC. (PSIX). Click either name above to swap in a different company.

POWER SOLUTIONS INTERNATIONAL, INC. is the larger business by last-quarter revenue ($191.2M vs $137.2M, roughly 1.4× MAXLINEAR, INC). POWER SOLUTIONS INTERNATIONAL, INC. runs the higher net margin — 8.4% vs -32.9%, a 41.3% gap on every dollar of revenue. On growth, MAXLINEAR, INC posted the faster year-over-year revenue change (43.0% vs 32.5%). Over the past eight quarters, POWER SOLUTIONS INTERNATIONAL, INC.'s revenue compounded faster (41.7% 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.

Adani Energy Solutions Ltd, formerly known as Adani Transmission Ltd, is an electric power transmission and distribution company headquartered in Ahmedabad. As of April 2025, the company operates a cumulative transmission network of 26,696 circuit kilometers and is one of the largest private sector power transmission companies operating in India.

MXL vs PSIX — Head-to-Head

Bigger by revenue
PSIX
PSIX
1.4× larger
PSIX
$191.2M
$137.2M
MXL
Growing faster (revenue YoY)
MXL
MXL
+10.5% gap
MXL
43.0%
32.5%
PSIX
Higher net margin
PSIX
PSIX
41.3% more per $
PSIX
8.4%
-32.9%
MXL
Faster 2-yr revenue CAGR
PSIX
PSIX
Annualised
PSIX
41.7%
22.1%
MXL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MXL
MXL
PSIX
PSIX
Revenue
$137.2M
$191.2M
Net Profit
$-45.1M
$16.1M
Gross Margin
57.5%
21.9%
Operating Margin
30.0%
12.7%
Net Margin
-32.9%
8.4%
Revenue YoY
43.0%
32.5%
Net Profit YoY
-203.0%
-31.0%
EPS (diluted)
$-0.52
$0.69

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
PSIX
PSIX
Q1 26
$137.2M
Q4 25
$136.4M
$191.2M
Q3 25
$126.5M
$203.8M
Q2 25
$108.8M
$191.9M
Q1 25
$95.9M
$135.4M
Q4 24
$92.2M
$144.3M
Q3 24
$81.1M
$125.8M
Q2 24
$92.0M
$110.6M
Net Profit
MXL
MXL
PSIX
PSIX
Q1 26
$-45.1M
Q4 25
$-14.9M
$16.1M
Q3 25
$-45.5M
$27.6M
Q2 25
$-26.6M
$51.2M
Q1 25
$-49.7M
$19.1M
Q4 24
$-57.8M
$23.3M
Q3 24
$-75.8M
$17.3M
Q2 24
$-39.3M
$21.5M
Gross Margin
MXL
MXL
PSIX
PSIX
Q1 26
57.5%
Q4 25
57.6%
21.9%
Q3 25
56.9%
23.9%
Q2 25
56.5%
28.2%
Q1 25
56.1%
29.7%
Q4 24
55.6%
29.9%
Q3 24
54.4%
28.9%
Q2 24
54.6%
31.8%
Operating Margin
MXL
MXL
PSIX
PSIX
Q1 26
30.0%
Q4 25
-10.9%
12.7%
Q3 25
-32.7%
13.9%
Q2 25
-22.6%
16.9%
Q1 25
-48.0%
18.2%
Q4 24
-44.7%
17.5%
Q3 24
-82.3%
16.3%
Q2 24
-44.4%
22.9%
Net Margin
MXL
MXL
PSIX
PSIX
Q1 26
-32.9%
Q4 25
-10.9%
8.4%
Q3 25
-36.0%
13.5%
Q2 25
-24.4%
26.7%
Q1 25
-51.8%
14.1%
Q4 24
-62.8%
16.1%
Q3 24
-93.4%
13.8%
Q2 24
-42.7%
19.5%
EPS (diluted)
MXL
MXL
PSIX
PSIX
Q1 26
$-0.52
Q4 25
$-0.17
$0.69
Q3 25
$-0.52
$1.20
Q2 25
$-0.31
$2.22
Q1 25
$-0.58
$0.83
Q4 24
$-0.68
$1.01
Q3 24
$-0.90
$0.75
Q2 24
$-0.47
$0.94

Balance Sheet & Financial Strength

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

Metric
MXL
MXL
PSIX
PSIX
Cash + ST InvestmentsLiquidity on hand
$61.1M
$41.3M
Total DebtLower is stronger
$123.8M
$96.6M
Stockholders' EquityBook value
$454.2M
$178.6M
Total Assets
$771.3M
$424.7M
Debt / EquityLower = less leverage
0.27×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MXL
MXL
PSIX
PSIX
Q1 26
$61.1M
Q4 25
$72.8M
$41.3M
Q3 25
$111.9M
$49.0M
Q2 25
$108.6M
$49.5M
Q1 25
$102.8M
$50.0M
Q4 24
$118.6M
$55.3M
Q3 24
$148.5M
$40.5M
Q2 24
$185.1M
$28.8M
Total Debt
MXL
MXL
PSIX
PSIX
Q1 26
$123.8M
Q4 25
$96.6M
Q3 25
$96.7M
Q2 25
$1.8M
Q1 25
$1.0M
Q4 24
$184.0K
Q3 24
$238.0K
Q2 24
$292.0K
Stockholders' Equity
MXL
MXL
PSIX
PSIX
Q1 26
$454.2M
Q4 25
$451.9M
$178.6M
Q3 25
$464.7M
$162.5M
Q2 25
$488.3M
$135.7M
Q1 25
$493.2M
$84.3M
Q4 24
$516.3M
$65.3M
Q3 24
$556.9M
$42.1M
Q2 24
$617.3M
$24.8M
Total Assets
MXL
MXL
PSIX
PSIX
Q1 26
$771.3M
Q4 25
$796.4M
$424.7M
Q3 25
$808.1M
$458.9M
Q2 25
$863.7M
$437.7M
Q1 25
$855.3M
$372.7M
Q4 24
$864.6M
$328.2M
Q3 24
$895.3M
$339.1M
Q2 24
$973.2M
$307.6M
Debt / Equity
MXL
MXL
PSIX
PSIX
Q1 26
0.27×
Q4 25
0.54×
Q3 25
0.60×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.00×
Q3 24
0.01×
Q2 24
0.01×

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
PSIX
PSIX
Operating Cash FlowLast quarter
$-4.6M
Free Cash FlowOCF − Capex
$-7.6M
FCF MarginFCF / Revenue
-4.0%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
-0.29×
TTM Free Cash FlowTrailing 4 quarters
$14.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MXL
MXL
PSIX
PSIX
Q1 26
Q4 25
$10.4M
$-4.6M
Q3 25
$10.1M
$3.3M
Q2 25
$10.5M
$16.7M
Q1 25
$-11.4M
$8.8M
Q4 24
$-27.8M
$32.7M
Q3 24
$-30.7M
$12.6M
Q2 24
$-2.7M
$1.5M
Free Cash Flow
MXL
MXL
PSIX
PSIX
Q1 26
Q4 25
$6.7M
$-7.6M
Q3 25
$4.4M
$1.7M
Q2 25
$9.3M
$14.6M
Q1 25
$-13.4M
$5.4M
Q4 24
$-30.0M
$30.0M
Q3 24
$-34.9M
$12.1M
Q2 24
$-5.7M
$822.0K
FCF Margin
MXL
MXL
PSIX
PSIX
Q1 26
Q4 25
4.9%
-4.0%
Q3 25
3.5%
0.8%
Q2 25
8.6%
7.6%
Q1 25
-14.0%
4.0%
Q4 24
-32.6%
20.8%
Q3 24
-43.0%
9.7%
Q2 24
-6.2%
0.7%
Capex Intensity
MXL
MXL
PSIX
PSIX
Q1 26
Q4 25
2.7%
1.6%
Q3 25
4.5%
0.8%
Q2 25
1.1%
1.1%
Q1 25
2.1%
2.5%
Q4 24
2.4%
1.8%
Q3 24
5.1%
0.3%
Q2 24
3.3%
0.6%
Cash Conversion
MXL
MXL
PSIX
PSIX
Q1 26
Q4 25
-0.29×
Q3 25
0.12×
Q2 25
0.33×
Q1 25
0.46×
Q4 24
1.40×
Q3 24
0.73×
Q2 24
0.07×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MXL
MXL

Segment breakdown not available.

PSIX
PSIX

Energy End Market$153.4M80%
Industrial End Market$33.3M17%
Transportation End Market$4.6M2%

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