Marvell Technology, Inc. (MRVL)
NASDAQ: MRVL · Real-Time Price · USD
205.00
+0.17 (0.08%)
At close: May 29, 2026, 4:00 PM EDT
204.00
-1.00 (-0.49%)
After-hours: May 29, 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 | Q1 2027 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | May '26 May 2, 2026 | 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 |
| 8,717 | 8,195 | 7,793 | 7,235 | 6,502 | 5,767 | 5,376 | 5,279 | 5,347 | 5,508 | 5,500 | 5,618 | 5,794 | 5,920 | 5,844 | 5,518 | 5,077 | 4,462 | 3,917 | 3,456 | |
Revenue Growth (YoY) | 34.07% | 42.09% | 44.95% | 37.05% | 21.60% | 4.71% | -2.24% | -6.04% | -7.72% | -6.96% | -5.89% | 1.82% | 14.13% | 32.66% | 49.19% | 59.66% | 63.38% | 50.30% | 35.60% | 23.39% |
Cost of Revenue | 4,228 | 4,014 | 3,843 | 4,005 | 3,695 | 3,385 | 3,248 | 2,948 | 3,083 | 3,214 | 3,197 | 3,090 | 3,001 | 2,932 | 2,844 | 2,707 | 2,680 | 2,398 | 2,118 | 1,864 |
Gross Profit | 4,489 | 4,181 | 3,950 | 3,230 | 2,807 | 2,382 | 2,129 | 2,331 | 2,264 | 2,294 | 2,303 | 2,529 | 2,794 | 2,988 | 3,001 | 2,811 | 2,397 | 2,064 | 1,799 | 1,592 |
Selling, General & Admin | 839.1 | 767.1 | 764.8 | 780.2 | 784.7 | 798.2 | 814.5 | 822.2 | 834.9 | 834 | 825.4 | 820.2 | 821.9 | 843.6 | 906.4 | 942 | 989.5 | 955.3 | 820.98 | 693.08 |
Research & Development | 2,220 | 2,075 | 2,038 | 2,014 | 1,982 | 1,950 | 1,911 | 1,904 | 1,892 | 1,896 | 1,880 | 1,847 | 1,821 | 1,784 | 1,740 | 1,664 | 1,582 | 1,424 | 1,285 | 1,169 |
Other Operating Expenses | 38.5 | 15.5 | -6.5 | 342.2 | 337.5 | 353.9 | 392.2 | 37.3 | 75.3 | 131.1 | 108.8 | 121 | 165.2 | 121.6 | 119.4 | 94.7 | 20.8 | 32.4 | 76.71 | 90.12 |
Total Operating Expenses | 3,097 | 2,858 | 2,797 | 3,137 | 3,104 | 3,103 | 3,118 | 2,763 | 2,802 | 2,861 | 2,814 | 2,788 | 2,808 | 2,750 | 2,766 | 2,701 | 2,593 | 2,412 | 2,183 | 1,952 |
Operating Income | 1,392 | 1,323 | 1,154 | 93.1 | -297.4 | -720.3 | -988.8 | -432.3 | -537.6 | -567.7 | -511.1 | -259 | -14.2 | 238 | 249.4 | 110.2 | -195.6 | -347.7 | -384.15 | -360.14 |
Interest Income | - | - | - | - | - | - | - | - | - | - | 2.5 | 4 | 4.8 | 5.3 | 3 | 1.7 | 1.1 | 0.8 | 0.96 | 1.37 |
Interest Expense | -206.7 | -202.6 | -196.8 | -192.8 | -189.3 | -189.4 | -197 | -202.4 | -207.8 | -211.7 | -208.4 | -201 | -187 | -170.6 | -156.3 | -146.5 | -140.5 | -139.3 | -125.07 | -105.74 |
Other Non-Operating Income (Expense) | 1,729 | 1,926 | 1,908 | -1.4 | 5.7 | 15 | 4 | 15.9 | 21.2 | 20.7 | 22.4 | 14.2 | 10 | 30.1 | 14.3 | 12.1 | 6.7 | 2.7 | -0.21 | -0.91 |
Total Non-Operating Income (Expense) | 1,522 | 1,724 | 1,711 | -194.2 | -183.6 | -174.4 | -193 | -186.5 | -186.6 | -191 | -183.5 | -182.8 | -172.2 | -135.2 | -139 | -132.7 | -132.7 | -135.8 | -124.33 | -105.28 |
Pretax Income | 2,914 | 3,047 | 2,865 | -101.1 | -481 | -894.7 | -1,182 | -618.8 | -724.2 | -758.7 | -694.6 | -441.8 | -186.4 | 85.1 | 110.4 | -22.5 | -328.3 | -483.5 | -508.47 | -465.42 |
Provision for Income Taxes | 387.3 | 376.5 | 390.6 | 2.3 | 10.5 | -9.7 | 296.1 | 347.1 | 255.9 | 174.7 | -138.5 | -63.3 | -19.7 | 248.6 | 252.3 | 195.3 | 170.2 | -62.5 | -97.81 | -94.45 |
Net Income | 2,527 | 2,670 | 2,474 | -103.4 | -491.5 | -885 | -1,478 | -965.9 | -980.1 | -933.4 | -556.1 | -378.5 | -166.7 | -163.5 | -141.9 | -217.8 | -498.5 | -421 | -410.67 | -370.97 |
Net Income to Common | 2,527 | 2,670 | 2,474 | -103.4 | -491.5 | -885 | -1,478 | -965.9 | -980.1 | -933.4 | -556.1 | -378.5 | -166.7 | -163.5 | -141.9 | -217.8 | -498.5 | -421 | -410.67 | -370.97 |
Shares Outstanding (Basic) | 862 | 861 | 862 | 865 | 865 | 866 | 865 | 865 | 863 | 861 | 859 | 856 | 854 | 851 | 849 | 843 | 836 | 797 | 754 | 715 |
Shares Outstanding (Diluted) | 871 | 870 | 872 | 873 | 872 | 866 | 865 | 865 | 863 | 861 | 859 | 858 | 857 | 851 | 857 | 849 | 840 | 797 | 758 | 718 |
Shares Change (YoY) | -0.10% | 0.48% | 0.82% | 0.97% | 0.98% | 0.49% | 0.78% | 0.81% | 0.76% | 1.16% | 0.23% | 0.99% | 2.00% | 6.84% | 13.04% | 18.23% | 23.55% | 19.15% | 13.21% | 7.40% |
EPS (Basic) | 2.96 | 3.10 | 2.89 | -0.11 | -0.56 | -1.02 | -1.70 | -1.11 | -1.13 | -1.08 | -0.65 | -0.44 | -0.19 | -0.19 | -0.16 | -0.26 | -0.61 | -0.53 | -0.53 | -0.48 |
EPS (Diluted) | 2.92 | 3.07 | 2.85 | -0.13 | -0.57 | -1.02 | -1.70 | -1.11 | -1.13 | -1.08 | -0.65 | -0.44 | -0.19 | -0.19 | -0.16 | -0.26 | -0.61 | -0.53 | -0.53 | -0.48 |
Shares Outstanding | 21.78 | 847.3 | 862.1 | 862.1 | 862.2 | 866 | 865.2 | 866.2 | 865.5 | 865.5 | 862.8 | 863.3 | 859.9 | 853.2 | 852.6 | 852.5 | 850.5 | 846.7 | 823.6 | 819.5 |
Free Cash Flow | 1,665 | 1,396 | 1,581 | 1,534 | 1,378 | 1,397 | 1,428 | 1,415 | 1,159 | 1,034 | 856.1 | 775.8 | 1,033 | 1,083 | 1,093 | 912.1 | 843.1 | 650.1 | 482.45 | 516.73 |
Free Cash Flow Growth | 20.88% | -0.01% | 10.71% | 8.35% | 18.91% | 35.04% | 66.81% | 82.44% | 12.13% | -4.47% | -21.64% | -14.94% | 22.56% | 66.53% | 126.45% | 76.52% | 57.55% | -8.50% | -20.60% | 20.12% |
Free Cash Flow Per Share | 1.91 | 1.61 | 1.81 | 1.76 | 1.58 | 1.61 | 1.65 | 1.64 | 1.34 | 1.20 | 1.00 | 0.90 | 1.21 | 1.27 | 1.28 | 1.07 | 1.00 | 0.82 | 0.64 | 0.72 |
Dividends Per Share | 0.240 | 0.240 | 0.240 | 0.240 | 0.240 | 0.240 | 0.240 | 0.240 | 0.240 | 0.240 | 0.240 | 0.240 | 0.240 | 0.240 | 0.240 | 0.240 | 0.240 | 0.240 | 0.240 | 0.240 |
Gross Margin | 51.50% | 51.02% | 50.69% | 44.64% | 43.17% | 41.31% | 39.60% | 44.15% | 42.35% | 41.64% | 41.87% | 45.01% | 48.22% | 50.47% | 51.34% | 50.94% | 47.21% | 46.26% | 45.92% | 46.07% |
Operating Margin | 15.97% | 16.14% | 14.80% | 1.29% | -4.57% | -12.49% | -18.39% | -8.19% | -10.05% | -10.31% | -9.29% | -4.61% | -0.25% | 4.02% | 4.27% | 2.00% | -3.85% | -7.79% | -9.81% | -10.42% |
Profit Margin | 28.99% | 32.58% | 31.75% | -1.43% | -7.56% | -15.35% | -27.49% | -18.30% | -18.33% | -16.95% | -10.11% | -6.74% | -2.88% | -2.76% | -2.43% | -3.95% | -9.82% | -9.43% | -10.48% | -10.73% |
FCF Margin | 19.11% | 17.04% | 20.29% | 21.20% | 21.19% | 24.22% | 26.56% | 26.81% | 21.67% | 18.78% | 15.57% | 13.81% | 17.83% | 18.29% | 18.69% | 16.53% | 16.61% | 14.57% | 12.32% | 14.95% |
EBITDA | 2,673 | 2,614 | 2,453 | 1,418 | 1,052 | 636.6 | 402.3 | 959.2 | 849.2 | 830 | 877.6 | 1,132 | 1,378 | 1,630 | 1,662 | 1,529 | 1,218 | 897.6 | 647.7 | 478.07 |
EBITDA Margin | 30.66% | 31.89% | 31.48% | 19.60% | 16.18% | 11.04% | 7.48% | 18.17% | 15.88% | 15.07% | 15.96% | 20.15% | 23.79% | 27.54% | 28.43% | 27.71% | 23.98% | 20.11% | 16.53% | 13.83% |
EBIT | 1,392 | 1,323 | 1,154 | 93.1 | -297.4 | -720.3 | -988.8 | -432.3 | -537.6 | -567.7 | -511.1 | -259 | -14.2 | 238 | 249.4 | 110.2 | -195.6 | -347.7 | -384.15 | -360.14 |
EBIT Margin | 15.97% | 16.14% | 14.80% | 1.29% | -4.57% | -12.49% | -18.39% | -8.19% | -10.05% | -10.31% | -9.29% | -4.61% | -0.25% | 4.02% | 4.27% | 2.00% | -3.85% | -7.79% | -9.81% | -10.42% |
Effective Tax Rate | 13.29% | 12.36% | 13.63% | -2.27% | -2.18% | 1.08% | -25.05% | -56.09% | -35.34% | -23.03% | 19.94% | 14.33% | 10.57% | 292.13% | 228.53% | -868.00% | -51.84% | 12.93% | 19.24% | 20.29% |