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

MAXLINEAR, INC is the larger business by last-quarter revenue ($137.2M vs $97.9M, roughly 1.4× Safehold Inc.). Safehold Inc. runs the higher net margin — 28.5% vs -32.9%, a 61.4% gap on every dollar of revenue. On growth, MAXLINEAR, INC posted the faster year-over-year revenue change (43.0% vs 6.5%). Over the past eight quarters, MAXLINEAR, INC's revenue compounded faster (22.1% CAGR vs 2.5%).

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.

SAFE Investment Company Limited is a Chinese sovereign wealth fund based in Hong Kong.

MXL vs SAFE — Head-to-Head

Bigger by revenue
MXL
MXL
1.4× larger
MXL
$137.2M
$97.9M
SAFE
Growing faster (revenue YoY)
MXL
MXL
+36.5% gap
MXL
43.0%
6.5%
SAFE
Higher net margin
SAFE
SAFE
61.4% more per $
SAFE
28.5%
-32.9%
MXL
Faster 2-yr revenue CAGR
MXL
MXL
Annualised
MXL
22.1%
2.5%
SAFE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MXL
MXL
SAFE
SAFE
Revenue
$137.2M
$97.9M
Net Profit
$-45.1M
$27.9M
Gross Margin
57.5%
98.6%
Operating Margin
30.0%
27.4%
Net Margin
-32.9%
28.5%
Revenue YoY
43.0%
6.5%
Net Profit YoY
-203.0%
7.1%
EPS (diluted)
$-0.52
$0.38

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
SAFE
SAFE
Q1 26
$137.2M
Q4 25
$136.4M
$97.9M
Q3 25
$126.5M
$96.2M
Q2 25
$108.8M
$93.8M
Q1 25
$95.9M
$97.7M
Q4 24
$92.2M
$91.9M
Q3 24
$81.1M
$90.7M
Q2 24
$92.0M
$89.9M
Net Profit
MXL
MXL
SAFE
SAFE
Q1 26
$-45.1M
Q4 25
$-14.9M
$27.9M
Q3 25
$-45.5M
$29.3M
Q2 25
$-26.6M
$27.9M
Q1 25
$-49.7M
$29.4M
Q4 24
$-57.8M
$26.0M
Q3 24
$-75.8M
$19.3M
Q2 24
$-39.3M
$29.7M
Gross Margin
MXL
MXL
SAFE
SAFE
Q1 26
57.5%
Q4 25
57.6%
98.6%
Q3 25
56.9%
98.5%
Q2 25
56.5%
99.1%
Q1 25
56.1%
98.8%
Q4 24
55.6%
98.8%
Q3 24
54.4%
98.8%
Q2 24
54.6%
98.8%
Operating Margin
MXL
MXL
SAFE
SAFE
Q1 26
30.0%
Q4 25
-10.9%
27.4%
Q3 25
-32.7%
25.9%
Q2 25
-22.6%
25.5%
Q1 25
-48.0%
25.9%
Q4 24
-44.7%
24.6%
Q3 24
-82.3%
17.5%
Q2 24
-44.4%
26.7%
Net Margin
MXL
MXL
SAFE
SAFE
Q1 26
-32.9%
Q4 25
-10.9%
28.5%
Q3 25
-36.0%
30.5%
Q2 25
-24.4%
29.8%
Q1 25
-51.8%
30.1%
Q4 24
-62.8%
28.3%
Q3 24
-93.4%
21.3%
Q2 24
-42.7%
33.0%
EPS (diluted)
MXL
MXL
SAFE
SAFE
Q1 26
$-0.52
Q4 25
$-0.17
$0.38
Q3 25
$-0.52
$0.41
Q2 25
$-0.31
$0.39
Q1 25
$-0.58
$0.41
Q4 24
$-0.68
$0.36
Q3 24
$-0.90
$0.27
Q2 24
$-0.47
$0.42

Balance Sheet & Financial Strength

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

Metric
MXL
MXL
SAFE
SAFE
Cash + ST InvestmentsLiquidity on hand
$61.1M
$21.7M
Total DebtLower is stronger
$123.8M
$4.6B
Stockholders' EquityBook value
$454.2M
$2.4B
Total Assets
$771.3M
$7.2B
Debt / EquityLower = less leverage
0.27×
1.90×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MXL
MXL
SAFE
SAFE
Q1 26
$61.1M
Q4 25
$72.8M
$21.7M
Q3 25
$111.9M
$12.1M
Q2 25
$108.6M
$13.9M
Q1 25
$102.8M
$17.3M
Q4 24
$118.6M
$8.3M
Q3 24
$148.5M
$15.6M
Q2 24
$185.1M
$13.4M
Total Debt
MXL
MXL
SAFE
SAFE
Q1 26
$123.8M
Q4 25
$4.6B
Q3 25
$4.5B
Q2 25
$4.4B
Q1 25
$4.3B
Q4 24
$4.3B
Q3 24
$4.3B
Q2 24
$4.2B
Stockholders' Equity
MXL
MXL
SAFE
SAFE
Q1 26
$454.2M
Q4 25
$451.9M
$2.4B
Q3 25
$464.7M
$2.4B
Q2 25
$488.3M
$2.4B
Q1 25
$493.2M
$2.4B
Q4 24
$516.3M
$2.3B
Q3 24
$556.9M
$2.3B
Q2 24
$617.3M
$2.3B
Total Assets
MXL
MXL
SAFE
SAFE
Q1 26
$771.3M
Q4 25
$796.4M
$7.2B
Q3 25
$808.1M
$7.1B
Q2 25
$863.7M
$7.1B
Q1 25
$855.3M
$6.9B
Q4 24
$864.6M
$6.9B
Q3 24
$895.3M
$6.8B
Q2 24
$973.2M
$6.8B
Debt / Equity
MXL
MXL
SAFE
SAFE
Q1 26
0.27×
Q4 25
1.90×
Q3 25
1.89×
Q2 25
1.87×
Q1 25
1.85×
Q4 24
1.84×
Q3 24
1.88×
Q2 24
1.81×

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
SAFE
SAFE
Operating Cash FlowLast quarter
$47.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.72×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MXL
MXL
SAFE
SAFE
Q1 26
Q4 25
$10.4M
$47.8M
Q3 25
$10.1M
$-1.4M
Q2 25
$10.5M
$28.0M
Q1 25
$-11.4M
$8.9M
Q4 24
$-27.8M
$37.9M
Q3 24
$-30.7M
$8.3M
Q2 24
$-2.7M
$24.8M
Free Cash Flow
MXL
MXL
SAFE
SAFE
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
MXL
MXL
SAFE
SAFE
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
MXL
MXL
SAFE
SAFE
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
MXL
MXL
SAFE
SAFE
Q1 26
Q4 25
1.72×
Q3 25
-0.05×
Q2 25
1.00×
Q1 25
0.30×
Q4 24
1.45×
Q3 24
0.43×
Q2 24
0.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MXL
MXL

Segment breakdown not available.

SAFE
SAFE

Equity Method Investment Nonconsolidated Investee Or Group Of Investees$60.3M62%
Other$33.7M34%
Stabilized Properties$3.8M4%

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