Marvell Technology, Inc. (MRVL)

NASDAQ: MRVL · Real-Time Price · USD

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82.55

+2.75 (3.45%)

At close: Jan 21, 2026, 4:00 PM EST

83.36

+0.81 (0.98%)

After-hours: Jan 21, 2026, 7:59 PM EST

Marvell Technology Income Statement

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	2016 - 2020
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	2016 - 2020
Revenue	7,793	5,767	5,508	5,920	4,462	2,969	Upgrade
Revenue Growth (YoY)	44.95%	4.71%	-6.96%	32.66%	50.30%	9.99%	Upgrade
Cost of Revenue	3,842	3,027	3,214	2,893	2,205	1,454	Upgrade
Gross Profit	3,952	2,740	2,294	3,026	2,258	1,515	Upgrade
Selling, General & Admin	764.8	798.2	834	843.6	892.6	467.2	Upgrade
Research & Development	2,038	1,950	1,896	1,784	1,424	1,073	Upgrade
Operating Expenses	2,803	2,749	2,730	2,628	2,317	1,540	Upgrade
Operating Income	1,149	-8.5	-436.6	398.3	-59.1	-24.7	Upgrade
Interest Expense	-196.8	-189.4	-211.7	-170.6	-139.3	-69.3	Upgrade
Interest & Investment Income	77.5	15	20.7	17.7	0.8	2.6	Upgrade
Other Non Operating Income (Expenses)	-	-	-	-	2.7	2.9	Upgrade
EBT Excluding Unusual Items	1,030	-182.9	-627.6	245.4	-194.9	-88.5	Upgrade
Merger & Restructuring Charges	4.9	-711.8	-131.1	-60.3	-288.6	-197.7	Upgrade
Gain (Loss) on Sale of Assets	1,830	-	-	-	-	-	Upgrade
Legal Settlements	-	-	-	-100	-	-36	Upgrade
Pretax Income	2,865	-894.7	-758.7	85.1	-483.5	-322.2	Upgrade
Income Tax Expense	390.6	-9.7	174.7	248.6	-62.5	-44.9	Upgrade
Earnings From Continuing Operations	2,474	-885	-933.4	-163.5	-421	-277.3	Upgrade
Net Income	2,474	-885	-933.4	-163.5	-421	-277.3	Upgrade
Net Income to Common	2,474	-885	-933.4	-163.5	-421	-277.3	Upgrade
Shares Outstanding (Basic)	862	866	861	851	797	669	Upgrade
Shares Outstanding (Diluted)	869	866	861	851	797	669	Upgrade
Shares Change (YoY)	0.40%	0.49%	1.16%	6.84%	19.15%	-1.08%	Upgrade
EPS (Basic)	2.87	-1.02	-1.08	-0.19	-0.53	-0.41	Upgrade
EPS (Diluted)	2.84	-1.02	-1.08	-0.19	-0.53	-0.41	Upgrade
Free Cash Flow	1,581	1,397	1,034	1,083	650.1	710.5	Upgrade
Free Cash Flow Per Share	1.82	1.61	1.20	1.27	0.82	1.06	Upgrade
Dividend Per Share	0.240	0.240	0.240	0.240	0.240	0.240	Upgrade
Gross Margin	50.71%	47.51%	41.64%	51.12%	50.59%	51.04%	Upgrade
Operating Margin	14.74%	-0.15%	-7.93%	6.73%	-1.32%	-0.83%	Upgrade
Profit Margin	31.75%	-15.35%	-16.95%	-2.76%	-9.43%	-9.34%	Upgrade
Free Cash Flow Margin	20.29%	24.22%	18.78%	18.29%	14.57%	23.93%	Upgrade
EBITDA	2,448	1,348	961.1	1,791	1,186	616.8	Upgrade
EBITDA Margin	31.41%	23.38%	17.45%	30.25%	26.58%	20.77%	Upgrade
D&A For EBITDA	1,300	1,357	1,398	1,392	1,245	641.5	Upgrade
EBIT	1,149	-8.5	-436.6	398.3	-59.1	-24.7	Upgrade
EBIT Margin	14.74%	-0.15%	-7.93%	6.73%	-1.32%	-0.83%	Upgrade
Effective Tax Rate	13.63%	-	-	292.13%	-	-	Upgrade
Advertising Expenses	-	-	-	-	-	0.6	Upgrade

Updated Dec 2, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q