Marvell Technology, Inc. (MRVL)
NASDAQ: MRVL · Real-Time Price · USD
133.83
+2.53 (1.93%)
At close: Apr 14, 2026, 4:00 PM EDT
131.63
-2.20 (-1.64%)
After-hours: Apr 14, 2026, 7:59 PM EDT
Marvell Technology Income Statement
Financials in millions USD. Fiscal year is February - January.
Millions USD. Fiscal year is Feb - Jan.
Fiscal Quarter | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jan '26 Jan 31, 2026 | Nov '25 Nov 1, 2025 | Aug '25 Aug 2, 2025 | May '25 May 3, 2025 | Feb '25 Feb 1, 2025 | Nov '24 Nov 2, 2024 | Aug '24 Aug 3, 2024 | May '24 May 4, 2024 | Feb '24 Feb 3, 2024 | Oct '23 Oct 28, 2023 | Jul '23 Jul 29, 2023 | Apr '23 Apr 29, 2023 | Jan '23 Jan 28, 2023 | Oct '22 Oct 29, 2022 | Jul '22 Jul 30, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 29, 2022 | Oct '21 Oct 30, 2021 | Jul '21 Jul 31, 2021 | May '21 May 1, 2021 |
| 2,219 | 2,075 | 2,006 | 1,895 | 1,817 | 1,516 | 1,273 | 1,161 | 1,427 | 1,419 | 1,341 | 1,322 | 1,419 | 1,537 | 1,517 | 1,447 | 1,343 | 1,211 | 1,076 | 832.3 | |
Revenue Growth (YoY) | 22.08% | 36.83% | 57.60% | 63.26% | 27.40% | 6.87% | -5.07% | -12.17% | 0.56% | -7.72% | -11.60% | -8.65% | 5.62% | 26.92% | 40.99% | 73.84% | 68.33% | 61.46% | 47.93% | 19.99% |
Cost of Revenue | 1,071 | 1,005 | 995.5 | 942.9 | 900 | 1,167 | 685.3 | 633.1 | 762.4 | 867.4 | 819.8 | 764.5 | 745.2 | 760 | 730.9 | 696 | 656.6 | 623.4 | 704.1 | 414.1 |
Gross Profit | 1,148 | 1,070 | 1,011 | 952.4 | 917.4 | 349.4 | 587.6 | 527.8 | 664.1 | 551.2 | 521.1 | 557.2 | 673.3 | 777.3 | 786 | 750.9 | 686.4 | 587.8 | 371.8 | 418.2 |
Selling, General & Admin | 198 | 189.9 | 192.8 | 186.4 | 195.7 | 205.3 | 197.3 | 199.9 | 212 | 213 | 210 | 199 | 203.4 | 207.8 | 211.7 | 235.7 | 251.2 | 243.4 | 259.2 | 201.5 |
Research & Development | 536 | 512.5 | 519 | 507.7 | 499 | 488.6 | 486.7 | 476.1 | 459.6 | 481.1 | 474.8 | 480.7 | 443.1 | 448.1 | 449 | 444.1 | 399.2 | 371.9 | 367 | 286.1 |
Other Operating Expenses | 9.5 | 9.6 | 8.7 | -12.3 | -12.5 | 358.3 | 4 | 4.1 | 25.8 | 3.4 | 42 | 59.9 | 3.5 | 15.6 | 86.2 | 1.3 | 1.3 | 5.9 | 12.3 | 12.9 |
Total Operating Expenses | 743.5 | 712 | 720.5 | 681.8 | 682.2 | 1,052 | 688 | 680.1 | 697.4 | 697.5 | 726.8 | 739.6 | 650 | 671.5 | 746.9 | 681.1 | 651.7 | 621.2 | 638.5 | 500.5 |
Operating Income | 404.4 | 357.8 | 290.1 | 270.6 | 235.2 | -702.8 | -100.4 | -152.3 | -33.3 | -146.3 | -205.7 | -182.4 | 23.3 | 105.8 | 39.1 | 69.8 | 34.7 | -33.4 | -266.7 | -82.3 |
Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | 2.5 | 1.5 | 0.8 | 0.5 | 0.2 | 0.2 | 0.2 | 0.2 |
Interest Expense | -50.8 | -51.2 | -51.9 | -48.7 | -45 | -47.2 | -48.4 | -48.8 | -52.6 | -52.6 | -53.8 | -52.7 | -49.3 | -45.2 | -39.8 | -36.3 | -35 | -35.4 | -33.8 | -35.1 |
Other Non-Operating Income (Expense) | 5.2 | 3,766 | -60.9 | -60.7 | -25.8 | -48.2 | -43.2 | -42.2 | -55.4 | -29.8 | -38 | -47.1 | -46.2 | -37.3 | -31.6 | -25.4 | -30.4 | -33.2 | -37 | -32.5 |
Total Non-Operating Income (Expense) | -45.6 | 3,715 | -112.8 | -109.4 | -70.8 | -95.4 | -91.6 | -91 | -108 | -82.4 | -91.8 | -99.8 | -93 | -81 | -70.6 | -61.2 | -65.2 | -68.4 | -70.6 | -67.4 |
Pretax Income | 381.6 | 2,215 | 233.7 | 215.9 | 199.8 | -750.5 | -146.2 | -197.8 | -87.3 | -187.5 | -251.6 | -232.3 | -23.2 | 65.3 | 3.8 | 39.2 | 2.1 | -67.6 | -302 | -116 |
Provision for Income Taxes | -14.5 | 314.1 | 38.9 | 38 | -0.4 | -74.2 | 47.1 | 17.8 | 305.4 | -23.2 | -44.1 | -63.4 | -7.8 | 52 | -0.5 | 204.9 | -4.1 | -5 | -25.6 | -27.8 |
Net Income | 396.1 | 1,901 | 194.8 | 177.9 | 200.2 | -676.3 | -193.3 | -215.6 | -392.7 | -164.3 | -207.5 | -168.9 | -15.4 | 13.3 | 4.3 | -165.7 | 6.2 | -62.6 | -276.4 | -88.2 |
Net Income to Common | 396.1 | 1,901 | 194.8 | 177.9 | 200.2 | -676.3 | -193.3 | -215.6 | -392.7 | -164.3 | -207.5 | -168.9 | -15.4 | 13.3 | 4.3 | -165.7 | 6.2 | -62.6 | -276.4 | -88.2 |
Net Income Growth | 97.85% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -62.50% | - | - | - |
Shares Outstanding (Basic) | 848 | 856 | 863 | 865 | 866 | 866 | 866 | 865 | 865 | 863 | 861 | 857 | 854 | 853 | 851 | 848 | 844 | 829 | 821 | 693 |
Shares Outstanding (Diluted) | 856 | 864 | 870 | 876 | 880 | 866 | 866 | 865 | 865 | 863 | 861 | 857 | 854 | 858 | 858 | 848 | 862 | 829 | 821 | 693 |
Shares Change (YoY) | -2.69% | -0.23% | 0.54% | 1.23% | 1.76% | 0.36% | 0.56% | 0.97% | 1.24% | 0.49% | 0.35% | 1.03% | -0.93% | 3.60% | 4.48% | 22.30% | 25.31% | 23.58% | 23.00% | 4.50% |
EPS (Basic) | 0.47 | 2.22 | 0.23 | 0.21 | 0.23 | -0.78 | -0.22 | -0.25 | -0.45 | -0.19 | -0.24 | -0.20 | -0.02 | 0.02 | 0.01 | -0.20 | 0.01 | -0.08 | -0.34 | -0.13 |
EPS (Diluted) | 0.46 | 2.20 | 0.22 | 0.20 | 0.23 | -0.78 | -0.22 | -0.25 | -0.45 | -0.19 | -0.24 | -0.20 | -0.02 | 0.02 | 0.01 | -0.20 | 0.01 | -0.08 | -0.34 | -0.13 |
EPS Growth | 100.00% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -50.00% | - | - | - |
Shares Outstanding | 847.3 | 862.1 | 862.1 | 862.2 | 866 | 865.2 | 866.2 | 865.5 | 865.5 | 864.19 | 863.3 | 859.9 | 860.5 | 859.61 | 852.5 | 850.5 | 846.7 | 851.89 | 851.43 | 670 |
Free Cash Flow | 259.4 | 508.8 | 414.1 | 214.1 | 444.1 | 461.3 | 258.2 | 233 | 475.6 | 448.6 | 1.4 | 108.6 | 297.5 | 368.3 | 258.9 | 157.9 | 307.4 | 187.9 | 189.9 | -35.1 |
Free Cash Flow Growth | -41.59% | 10.30% | 60.38% | -8.11% | -6.62% | 2.83% | 18342.86% | 114.55% | 59.87% | 21.80% | -99.46% | -31.22% | -3.22% | 96.01% | 36.34% | - | 119.96% | -15.43% | -8.83% | - |
Free Cash Flow Per Share | 0.30 | 0.59 | 0.48 | 0.24 | 0.50 | 0.53 | 0.30 | 0.27 | 0.55 | 0.52 | 0.00 | 0.13 | 0.35 | 0.43 | 0.30 | 0.19 | 0.36 | 0.23 | 0.23 | -0.05 |
Dividends Per Share | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 | 0.060 |
Gross Margin | 51.74% | 51.57% | 50.38% | 50.25% | 50.48% | 23.05% | 46.16% | 45.46% | 46.55% | 38.86% | 38.86% | 42.16% | 47.47% | 50.56% | 51.82% | 51.90% | 51.11% | 48.53% | 34.56% | 50.25% |
Operating Margin | 18.23% | 17.25% | 14.46% | 14.28% | 12.94% | -46.36% | -7.89% | -13.12% | -2.33% | -10.31% | -15.34% | -13.80% | 1.64% | 6.88% | 2.58% | 4.82% | 2.58% | -2.76% | -24.79% | -9.89% |
Profit Margin | 17.85% | 91.65% | 9.71% | 9.39% | 11.02% | -44.61% | -15.19% | -18.57% | -27.53% | -11.58% | -15.47% | -12.78% | -1.09% | 0.87% | 0.28% | -11.45% | 0.46% | -5.17% | -25.69% | -10.60% |
FCF Margin | 11.69% | 24.53% | 20.64% | 11.30% | 24.44% | 30.43% | 20.28% | 20.07% | 33.34% | 31.62% | 0.10% | 8.22% | 20.97% | 23.96% | 17.07% | 10.91% | 22.89% | 15.51% | 17.65% | -4.22% |
EBITDA | 721.4 | 673.7 | 617.9 | 600.5 | 561.1 | -361.3 | 251.6 | 185.2 | 326.8 | 195.6 | 141.6 | 166 | 374.4 | 450.1 | 387.8 | 418 | 405.8 | 317.5 | 76.2 | 98.1 |
EBITDA Margin | 32.51% | 32.48% | 30.80% | 31.68% | 30.87% | -23.83% | 19.77% | 15.95% | 22.91% | 13.79% | 10.56% | 12.56% | 26.39% | 29.28% | 25.57% | 28.89% | 30.22% | 26.21% | 7.08% | 11.79% |
EBIT | 404.4 | 357.8 | 290.1 | 270.6 | 235.2 | -702.8 | -100.4 | -152.3 | -33.3 | -146.3 | -205.7 | -182.4 | 23.3 | 105.8 | 39.1 | 69.8 | 34.7 | -33.4 | -266.7 | -82.3 |
EBIT Margin | 18.23% | 17.25% | 14.46% | 14.28% | 12.94% | -46.36% | -7.89% | -13.12% | -2.33% | -10.31% | -15.34% | -13.80% | 1.64% | 6.88% | 2.58% | 4.82% | 2.58% | -2.76% | -24.79% | -9.89% |
Effective Tax Rate | -3.80% | 14.18% | 16.65% | 17.60% | -0.20% | 9.89% | -32.22% | -9.00% | -349.83% | 12.37% | 17.53% | 27.29% | 33.62% | 79.63% | -13.16% | 522.70% | -195.24% | 7.40% | 8.48% | 23.97% |
Updated Mar 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.