MaxLinear vs Universal Display
Universal Display reported revenue of $651 million in fiscal 2025, 1.4 times MaxLinear's $468 million in fiscal 2025. MaxLinear's revenue grew 29.7% in its latest year, and Universal Display's grew 0.5%. MaxLinear had an operating margin of -27.1%, against 38.2% at Universal Display. Free cash flow was $7 million at MaxLinear and $154 million at Universal Display.
Side by side
| MaxLinear | Universal Display | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $468M | $651M |
| Revenue growth | 29.7% | 0.5% |
| Revenue growth a year, last 5 years | −0.5% | 8.7% |
| Gross margin | 56.8% | 76.3% |
| Operating margin | −27.1% | 38.2% |
| Net margin | −29.2% | 37.2% |
| Free cash flow | $7M | $154M |
| Free cash flow margin | 1.5% | 23.7% |
| Return on capital | −19.6% | 17.9% |
| Net debt to EBITDA | — | −2.0x |
| Dividends and buybacks | $20M | $118M |
| Change in diluted share count | 3.6% | 0.0% |
| Last close | $49.18 | $88.31 |
| P/E at the last close | — | 17.9× |
| Insider trades, last 12 months | sold $60.1 million | bought $1.5 million, sold $422,092 |
| Piotroski F-score | 5 of 9 | 3 of 9 |
Amounts in each company's own currency, US$ 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
MaxLinearUniversal Display
Operating margin
Percent of revenue
MaxLinearUniversal Display
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
MaxLinearUniversal Display
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 MaxLinear and Universal Display pages.