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

Tecnoglass Inc. is the larger business by last-quarter revenue ($245.3M vs $137.2M, roughly 1.8× MAXLINEAR, INC). Tecnoglass Inc. runs the higher net margin — 10.6% vs -32.9%, a 43.5% gap on every dollar of revenue. On growth, MAXLINEAR, INC posted the faster year-over-year revenue change (43.0% vs 2.4%). Over the past eight quarters, MAXLINEAR, INC's revenue compounded faster (22.1% CAGR vs 12.8%).

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.

Tecnoglass Inc. is a leading manufacturer of high-performance architectural glass, aluminum windows, doors, and associated building components. It primarily caters to residential and commercial construction sectors across North America and Latin America, offering custom, energy-efficient solutions for new construction and renovation projects.

MXL vs TGLS — Head-to-Head

Bigger by revenue
TGLS
TGLS
1.8× larger
TGLS
$245.3M
$137.2M
MXL
Growing faster (revenue YoY)
MXL
MXL
+40.6% gap
MXL
43.0%
2.4%
TGLS
Higher net margin
TGLS
TGLS
43.5% more per $
TGLS
10.6%
-32.9%
MXL
Faster 2-yr revenue CAGR
MXL
MXL
Annualised
MXL
22.1%
12.8%
TGLS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MXL
MXL
TGLS
TGLS
Revenue
$137.2M
$245.3M
Net Profit
$-45.1M
$26.1M
Gross Margin
57.5%
40.0%
Operating Margin
30.0%
18.3%
Net Margin
-32.9%
10.6%
Revenue YoY
43.0%
2.4%
Net Profit YoY
-203.0%
-44.5%
EPS (diluted)
$-0.52
$0.57

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
TGLS
TGLS
Q1 26
$137.2M
Q4 25
$136.4M
$245.3M
Q3 25
$126.5M
$260.5M
Q2 25
$108.8M
$255.5M
Q1 25
$95.9M
$222.3M
Q4 24
$92.2M
$239.6M
Q3 24
$81.1M
$238.3M
Q2 24
$92.0M
$219.7M
Net Profit
MXL
MXL
TGLS
TGLS
Q1 26
$-45.1M
Q4 25
$-14.9M
$26.1M
Q3 25
$-45.5M
$47.2M
Q2 25
$-26.6M
$44.1M
Q1 25
$-49.7M
$42.2M
Q4 24
$-57.8M
$47.0M
Q3 24
$-75.8M
$49.5M
Q2 24
$-39.3M
$35.0M
Gross Margin
MXL
MXL
TGLS
TGLS
Q1 26
57.5%
Q4 25
57.6%
40.0%
Q3 25
56.9%
42.7%
Q2 25
56.5%
44.7%
Q1 25
56.1%
43.9%
Q4 24
55.6%
44.5%
Q3 24
54.4%
45.8%
Q2 24
54.6%
40.8%
Operating Margin
MXL
MXL
TGLS
TGLS
Q1 26
30.0%
Q4 25
-10.9%
18.3%
Q3 25
-32.7%
25.1%
Q2 25
-22.6%
24.0%
Q1 25
-48.0%
26.7%
Q4 24
-44.7%
28.0%
Q3 24
-82.3%
28.4%
Q2 24
-44.4%
23.3%
Net Margin
MXL
MXL
TGLS
TGLS
Q1 26
-32.9%
Q4 25
-10.9%
10.6%
Q3 25
-36.0%
18.1%
Q2 25
-24.4%
17.3%
Q1 25
-51.8%
19.0%
Q4 24
-62.8%
19.6%
Q3 24
-93.4%
20.8%
Q2 24
-42.7%
15.9%
EPS (diluted)
MXL
MXL
TGLS
TGLS
Q1 26
$-0.52
Q4 25
$-0.17
$0.57
Q3 25
$-0.52
$1.01
Q2 25
$-0.31
$0.94
Q1 25
$-0.58
$0.90
Q4 24
$-0.68
$1.00
Q3 24
$-0.90
$1.05
Q2 24
$-0.47
$0.75

Balance Sheet & Financial Strength

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

Metric
MXL
MXL
TGLS
TGLS
Cash + ST InvestmentsLiquidity on hand
$61.1M
$104.1M
Total DebtLower is stronger
$123.8M
$174.4M
Stockholders' EquityBook value
$454.2M
$713.1M
Total Assets
$771.3M
$1.3B
Debt / EquityLower = less leverage
0.27×
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MXL
MXL
TGLS
TGLS
Q1 26
$61.1M
Q4 25
$72.8M
$104.1M
Q3 25
$111.9M
$127.1M
Q2 25
$108.6M
$140.9M
Q1 25
$102.8M
$160.2M
Q4 24
$118.6M
$137.5M
Q3 24
$148.5M
$124.8M
Q2 24
$185.1M
$129.5M
Total Debt
MXL
MXL
TGLS
TGLS
Q1 26
$123.8M
Q4 25
$174.4M
Q3 25
$114.7M
Q2 25
$110.6M
Q1 25
$110.6M
Q4 24
$111.1M
Q3 24
$126.8M
Q2 24
$144.7M
Stockholders' Equity
MXL
MXL
TGLS
TGLS
Q1 26
$454.2M
Q4 25
$451.9M
$713.1M
Q3 25
$464.7M
$764.0M
Q2 25
$488.3M
$736.0M
Q1 25
$493.2M
$685.1M
Q4 24
$516.3M
$631.2M
Q3 24
$556.9M
$613.3M
Q2 24
$617.3M
$574.8M
Total Assets
MXL
MXL
TGLS
TGLS
Q1 26
$771.3M
Q4 25
$796.4M
$1.3B
Q3 25
$808.1M
$1.2B
Q2 25
$863.7M
$1.2B
Q1 25
$855.3M
$1.1B
Q4 24
$864.6M
$1.0B
Q3 24
$895.3M
$996.3M
Q2 24
$973.2M
$942.5M
Debt / Equity
MXL
MXL
TGLS
TGLS
Q1 26
0.27×
Q4 25
0.24×
Q3 25
0.15×
Q2 25
0.15×
Q1 25
0.16×
Q4 24
0.18×
Q3 24
0.21×
Q2 24
0.25×

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
TGLS
TGLS
Operating Cash FlowLast quarter
$31.0M
Free Cash FlowOCF − Capex
$11.4M
FCF MarginFCF / Revenue
4.7%
Capex IntensityCapex / Revenue
8.0%
Cash ConversionOCF / Net Profit
1.19×
TTM Free Cash FlowTrailing 4 quarters
$34.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MXL
MXL
TGLS
TGLS
Q1 26
Q4 25
$10.4M
$31.0M
Q3 25
$10.1M
$40.0M
Q2 25
$10.5M
$17.9M
Q1 25
$-11.4M
$46.9M
Q4 24
$-27.8M
$61.1M
Q3 24
$-30.7M
$41.5M
Q2 24
$-2.7M
$34.5M
Free Cash Flow
MXL
MXL
TGLS
TGLS
Q1 26
Q4 25
$6.7M
$11.4M
Q3 25
$4.4M
$21.2M
Q2 25
$9.3M
$-14.7M
Q1 25
$-13.4M
$16.5M
Q4 24
$-30.0M
$35.4M
Q3 24
$-34.9M
$17.8M
Q2 24
$-5.7M
$14.2M
FCF Margin
MXL
MXL
TGLS
TGLS
Q1 26
Q4 25
4.9%
4.7%
Q3 25
3.5%
8.2%
Q2 25
8.6%
-5.7%
Q1 25
-14.0%
7.4%
Q4 24
-32.6%
14.8%
Q3 24
-43.0%
7.5%
Q2 24
-6.2%
6.5%
Capex Intensity
MXL
MXL
TGLS
TGLS
Q1 26
Q4 25
2.7%
8.0%
Q3 25
4.5%
7.2%
Q2 25
1.1%
12.7%
Q1 25
2.1%
13.7%
Q4 24
2.4%
10.7%
Q3 24
5.1%
9.9%
Q2 24
3.3%
9.2%
Cash Conversion
MXL
MXL
TGLS
TGLS
Q1 26
Q4 25
1.19×
Q3 25
0.85×
Q2 25
0.41×
Q1 25
1.11×
Q4 24
1.30×
Q3 24
0.84×
Q2 24
0.98×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MXL
MXL

Segment breakdown not available.

TGLS
TGLS

Product Sales$164.2M67%
Fixed Price Contracts$81.1M33%
Related Party$692.0K0%

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