Marvell Technology Balance Sheet

Financials in millions USD. Fiscal year is March - February.

Millions USD. Fiscal year is Mar - Feb.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 1, 2025	Feb '25 Feb 1, 2025	Feb '24 Feb 3, 2024	Jan '23 Jan 28, 2023	Jan '22 Jan 29, 2022	Jan '21 Jan 30, 2021
Cash & Equivalents	2,715	948.3	950.8	911	613.5	748.47
Cash & Short-Term Investments	2,715	948.3	950.8	911	613.5	748.47
Cash Growth	212.69%	-0.26%	4.37%	48.49%	-18.03%	15.57%
Receivables	1,546	1,028	1,122	1,192	1,049	536.67
Inventory	1,015	1,030	864.4	1,068	720.3	268.23
Prepaid Expenses	236.6	113.4	124.7	109.6	111	63.78
Other Current Assets	0.6	0.5	1.2	-	-	-
Total Current Assets	5,513	3,120	3,063	3,281	2,493	1,617
Property, Plant & Equipment	1,127	1,037	959.6	788.7	604.8	427.54
Long-Term Investments	128.4	48.2	45.8	36.1	30.7	7.65
Goodwill	11,062	11,587	11,587	11,587	11,511	5,337
Other Intangible Assets	2,295	3,112	4,355	5,542	6,644	2,513
Long-Term Deferred Tax Assets	403.5	401.2	311.9	465.9	493.5	672.42
Other Long-Term Assets	1,050	899.5	906.9	821.9	331.5	190.27
Total Assets	21,579	20,205	21,229	22,522	22,109	10,765
Accounts Payable	633.7	622.2	411.3	465.8	461.5	252.42
Accrued Expenses	384	408.5	364.5	312.8	340.9	234.66
Current Portion of Long-Term Debt	499.5	129.5	107.3	584.4	63.2	199.64
Current Portion of Leases	53.6	48.3	39.4	43.8	38.2	32.46
Current Income Taxes Payable	333.6	55.6	17.8	118.4	23.3	2.25
Current Unearned Revenue	32.2	22.1	43.2	45.2	39	197.14
Other Current Liabilities	800.1	740.6	830.7	816.3	422.5	158.53
Total Current Liabilities	2,737	2,027	1,814	2,387	1,389	1,077
Long-Term Debt	3,969	3,934	4,059	3,908	4,485	993.17
Long-Term Leases	255	231	196	201.6	140.3	104.42
Long-Term Deferred Tax Liabilities	33.9	33.8	58.7	64.2	34.5	22.36
Other Long-Term Liabilities	527.4	551.6	269.6	324.7	358.3	132.08
Total Liabilities	7,522	6,778	6,397	6,885	6,407	2,329
Common Stock	1.7	1.7	1.7	1.7	1.7	1.35
Additional Paid-In Capital	13,044	14,534	14,845	14,512	14,209	6,331
Retained Earnings	1,011	-1,109	-16.7	1,124	1,491	2,103
Comprehensive Income & Other	0.4	0.4	1.1	-	-	-
Shareholders' Equity	14,057	13,427	14,831	15,637	15,702	8,436
Total Liabilities & Equity	21,579	20,205	21,229	22,522	22,109	10,765
Total Debt	4,778	4,343	4,401	4,738	4,727	1,330
Net Cash (Debt)	-2,063	-3,395	-3,451	-3,827	-4,113	-581.22
Net Cash Per Share	-2.37	-3.92	-4.01	-4.49	-5.16	-0.87
Filing Date Shares Outstanding	848.1	866.1	866	856.9	847.8	675.7
Total Common Shares Outstanding	848.6	866	865.5	856.1	846.7	675.4
Working Capital	2,776	1,094	1,249	894.4	1,105	540.05
Book Value Per Share	16.56	15.50	17.14	18.27	18.55	12.49
Tangible Book Value	699.5	-1,272	-1,110	-1,491	-2,453	585.9
Tangible Book Value Per Share	0.82	-1.47	-1.28	-1.74	-2.90	0.87
Land	332	306.6	312.4	306.2	293.6	284.53
Machinery	1,747	1,605	1,408	1,115	925.5	720.68

Source: S&P Global Market Intelligence. Standard template. Financial Sources.