Ambarella vs MaxLinear
MaxLinear reported revenue of $468 million in fiscal 2025, 1.2 times Ambarella's $391 million in fiscal 2026. Ambarella's revenue grew 37.1% in its latest year, and MaxLinear's grew 29.7%. Ambarella had an operating margin of -21.1%, against -27.1% at MaxLinear. Free cash flow was $58 million at Ambarella and $7 million at MaxLinear. Their fiscal years end in different months (January 31 and December 31), so the periods don't line up exactly.
Side by side
| Ambarella | MaxLinear | |
|---|---|---|
| Latest fiscal year | FY2026, Jan 31, 2026 | FY2025, Dec 31, 2025 |
| Revenue | $391M | $468M |
| Revenue growth | 37.1% | 29.7% |
| Revenue growth a year, last 5 years | 11.9% | −0.5% |
| Gross margin | 59.2% | 56.8% |
| Operating margin | −21.1% | −27.1% |
| Net margin | −19.4% | −29.2% |
| Free cash flow | $58M | $7M |
| Free cash flow margin | 14.8% | 1.5% |
| Return on capital | — | −19.6% |
| Net debt to EBITDA | — | — |
| Dividends and buybacks | $1M | $20M |
| Change in diluted share count | 3.4% | 3.6% |
| Last close | $58.55 | $49.18 |
| P/E at the last close | — | — |
| Insider trades, last 12 months | sold $16.6 million | sold $60.1 million |
| Piotroski F-score | — | 5 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
AmbarellaMaxLinear
Operating margin
Percent of revenue
AmbarellaMaxLinear
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
AmbarellaMaxLinear
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Ambarella and MaxLinear pages.