MaxLinear, Inc (MXL) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.937 Greetings and welcome to the MaxLinear fourth quarter 2025 00:00:04.937 -- 00:00:06.999 earnings call. 00:00:06.999 -- 00:00:10.543 At this time, all participants are in a listen-only mode. 00:00:10.543 -- 00:00:14.367 A question and answer session will follow a formal presentation. 00:00:14.367 -- 00:00:18.372 If anyone should require operator assistance during this conference, please press star 00:00:18.372 -- 00:00:24.299 zero on your telephone keypad. Please note that this conference is being recorded. 00:00:24.299 -- 00:00:29.225 I will now turn the conference over to our host, Leslie Green, Investor Relations. 00:00:29.225 -- 00:00:31.828 Thank you. You may begin. 00:00:31.828 -- 00:00:36.253 Thank you, Diego. Good afternoon, everyone, and thank you for joining us on today's conference 00:00:36.253 -- 00:00:41.038 call to discuss MaxLinear's fourth quarter 2025 financial results. 00:00:41.038 -- 00:00:46.184 Today's call is being hosted by Dr. Kishore Sindhipu, CEO, and Steve Litchfield, 00:00:46.184 -- 00:00:49.728 Chief Financial Officer and Chief Corporate Strategy Officer. 00:00:49.728 -- 00:00:53.032 After our prepared comments, we will take your questions. 00:00:53.032 -- 00:00:56.836 Our comments today include forward-looking statements within the meaning of applicable 00:00:56.836 -- 00:01:01.132 securities laws including statements relating to our guidance for the first quarter of 00:01:01.132 -- 00:01:06.257 2026, including revenue, GAAP and non-GAAP gross margin, GAAP 00:01:06.257 -- 00:01:11.662 and non-GAAP operating expenses, GAAP and non-GAAP interest 00:01:11.662 -- 00:01:16.967 in other expense, GAAP and non-GAAP income taxes, and basic and diluted 00:01:16.967 -- 00:01:22.212 share count. In addition, we wil...