Marvell Technology, Inc. (MRVL)
NASDAQ: MRVL · Real-Time Price · USD
78.39
+0.60 (0.77%)
At close: Feb 24, 2026, 4:00 PM EST
78.48
+0.09 (0.11%)
After-hours: Feb 24, 2026, 7:59 PM EST
Marvell Technology Cash Flow Statement
Financials in millions USD. Fiscal year is March - February.
Millions USD. Fiscal year is Mar - Feb.
Fiscal Quarter | 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 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | 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 | Jan '21 Jan 30, 2021 |
Net Income | 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 | 16.54 |
Depreciation & Amortization | 315.9 | 327.8 | 329.9 | 360.2 | 341.5 | 352 | 337.5 | 397.3 | 341.9 | 347.3 | 348.4 | 383.6 | 344.3 | 348.7 | 348.2 | 400 | 350.9 | 342.9 | 180.4 | 179.27 |
Other Amortization | - | - | - | - | - | - | - | - | - | - | - | 10.3 | - | - | - | 21.6 | - | - | - | 6.81 |
Loss (Gain) From Sale of Assets | -1,830 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Asset Writedown & Restructuring Costs | - | - | -14 | 4.7 | 521.8 | 1.6 | 0.7 | 0.7 | 0.8 | 21.3 | 10.1 | 0.7 | 3 | 1 | 0.9 | 6.2 | - | - | - | 7.34 |
Stock-Based Compensation | 152.1 | 153.6 | 142.1 | 147.6 | 158.4 | 154.9 | 136.5 | 155.3 | 158.5 | 152.8 | 143.2 | 130.7 | 146.1 | 144.5 | 131.1 | 134.8 | 119.1 | 114.1 | 92.7 | 59.48 |
Other Operating Activities | 11.3 | 31.8 | 39.8 | -16.2 | -38.9 | -24.8 | -0.4 | 412.3 | -38.8 | -78.7 | -126.3 | -24.2 | -83.1 | 36.2 | 180.1 | -67.4 | 23.8 | 161.6 | 22.5 | -56.03 |
Change in Accounts Receivable | -94.7 | -307.7 | -115.6 | -30.5 | 62.2 | -178.2 | 239.7 | 93 | -5.5 | -208.2 | 191.3 | 198.8 | -101.8 | -100.2 | -139.5 | -67.6 | -192.2 | -91.2 | -58 | -46.4 |
Change in Inventory | 35.2 | 15.4 | -69.9 | -169.8 | -108.2 | 9.2 | 38.8 | 78.8 | 70.6 | 11.3 | 41.2 | -122.5 | -56.3 | -81.3 | -125.8 | -91.3 | -118.4 | -69 | -13.2 | 0.1 |
Change in Accounts Payable | -11 | -30.7 | -37.4 | 71.7 | 75 | 93.1 | -58.3 | -61.6 | -0.7 | 18 | -104.8 | -53.9 | -37.8 | -57.5 | 61.4 | -0.6 | 93.2 | 52.2 | -51.6 | 4.9 |
Change in Other Net Operating Assets | 102.6 | 76.6 | -119.9 | -53.9 | 200.8 | 91.9 | -154.4 | -136.5 | 140.5 | 56.2 | -125.8 | -156.6 | 183.3 | 35.8 | -95.9 | 4.3 | 50.9 | -12.1 | -98.3 | -13.71 |
Operating Cash Flow | 582.3 | 461.6 | 332.9 | 514 | 536.3 | 306.4 | 324.5 | 546.6 | 503 | 112.5 | 208.4 | 351.5 | 411 | 331.5 | 194.8 | 346.2 | 264.7 | 222.1 | -13.7 | 158.3 |
Operating Cash Flow Growth | 8.58% | 50.65% | 2.59% | -5.96% | 6.62% | 172.36% | 55.71% | 55.51% | 22.38% | -66.06% | 6.98% | 1.53% | 55.27% | 49.26% | - | 118.71% | 2.78% | -1.65% | - | 183.49% |
Capital Expenditures | -73.5 | -47.5 | -118.8 | -69.9 | -75 | -48.2 | -91.5 | -71 | -54.4 | -111.1 | -99.8 | -54 | -42.7 | -72.6 | -36.9 | -38.8 | -76.8 | -32.2 | -21.4 | -18.56 |
Sale of Property, Plant & Equipment | 0.1 | 1.4 | 25.9 | - | 0.1 | 0.3 | 0.1 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cash Acquisitions | - | - | - | - | -10.4 | - | - | 5.5 | - | -5.5 | - | -9.3 | -4.4 | -54.6 | -44 | -15.2 | 60.4 | - | -3,600 | - |
Divestitures | 2,479 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Sale (Purchase) of Intangibles | -1.2 | -1.1 | -1.1 | -0.8 | -0.5 | -5.2 | -0.5 | -10.6 | -0.3 | -0.2 | -2.8 | -2 | -4.9 | -2.6 | -1.6 | -8.4 | -2.7 | -3.2 | -3.4 | -4.23 |
Other Investing Activities | -12.8 | -30 | -0.1 | 0.4 | 10.3 | 0.1 | -10 | -0.1 | 0.1 | -0.2 | -0.1 | 1.1 | 0.1 | -0.1 | 0.1 | -0.6 | -0.1 | -2.9 | 0.4 | -0.36 |
Investing Cash Flow | 2,391 | -77.2 | -94.1 | -70.3 | -75.5 | -53 | -101.9 | -76.2 | -54.6 | -117 | -102.7 | -64.2 | -51.9 | -129.9 | -82.4 | -63 | -19.2 | -38.3 | -3,625 | -23.15 |
Long-Term Debt Issued | - | - | 200 | - | - | - | - | - | - | - | 200 | - | - | - | - | - | - | - | 3,731 | - |
Total Debt Issued | - | 998.6 | 200 | - | - | - | - | - | 1,045 | 50 | 200 | - | - | 200 | - | 90 | - | 75 | 3,731 | - |
Long-Term Debt Repaid | - | - | -32.8 | - | - | - | -21.9 | - | - | - | -21.9 | - | - | - | -10.9 | - | - | - | -271.1 | - |
Total Debt Repaid | - | -757.8 | -32.8 | -32.8 | -32.8 | -21.9 | -21.9 | -21.9 | -1,007 | -571.8 | -21.9 | -21.8 | -91.9 | -141 | -10.9 | -100.9 | -151.2 | -184.8 | -271.1 | -150 |
Net Debt Issued (Repaid) | - | 240.8 | 167.2 | -32.8 | -32.8 | -21.9 | -21.9 | -21.9 | 38.4 | -521.8 | 178.1 | -21.8 | -91.9 | 59 | -10.9 | -10.9 | -151.2 | -109.8 | 3,460 | -150 |
Issuance of Common Stock | 0.4 | 50.5 | 0.6 | 35.2 | 0.8 | 49.3 | 2.3 | 38.1 | 0.7 | 52.9 | 7.5 | 38.8 | 1.1 | 48.9 | 2.5 | 41.7 | 2.5 | 39.8 | 0.5 | 36.15 |
Repurchase of Common Stock | -1,363 | -250.7 | -390.2 | -284.6 | -258.6 | -232.6 | -224.1 | -155 | -94.9 | -51.2 | -72.6 | -26.4 | -79.5 | -84.1 | -152.6 | -136.7 | -52.9 | -43 | -73.2 | -25.47 |
Common Dividends Paid | -50.8 | -51.7 | -51.8 | -51.9 | -51.9 | -51.9 | -51.8 | -51.9 | -51.8 | -51.7 | -51.4 | -51.3 | -51.1 | -51.1 | -50.9 | -50.7 | -50.4 | -49.3 | -40.6 | -40.46 |
Other Financing Activities | -70.5 | -34.8 | -27 | -29.4 | -58.9 | -35.3 | -30.2 | -54.5 | -38.6 | -28.6 | -50 | -39 | -31.4 | -22.2 | -49 | -36.6 | -29.6 | 15.6 | 65.6 | -38.93 |
Financing Cash Flow | -1,483 | -45.9 | -301.2 | -363.5 | -401.4 | -292.4 | -325.7 | -245.2 | -146.2 | -600.4 | 11.6 | -99.7 | -252.8 | -49.5 | -260.9 | -193.2 | -281.6 | -146.7 | 3,412 | -218.72 |
Net Cash Flow | 1,490 | 338.5 | -62.4 | 80.2 | 59.4 | -39 | -103.1 | 225.2 | 302.2 | -604.9 | 117.3 | 187.6 | 106.3 | 152.1 | -148.5 | 90 | -36.1 | 37.1 | -226 | -83.57 |
Free Cash Flow | 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 | 139.74 |
Free Cash Flow Growth | 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% | - | 119.98% | -15.43% | -8.83% | - | 279.19% |
Free Cash Flow Margin | 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% | 17.52% |
Free Cash Flow Per Share | 0.59 | 0.48 | 0.24 | 0.51 | 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 | 0.20 |
Cash Interest Paid | - | - | - | 173.4 | - | - | - | 173.7 | - | - | - | 147.9 | - | - | - | 91.2 | - | - | - | 54.58 |
Cash Income Tax Paid | - | - | - | 40.1 | - | - | - | 120.6 | - | - | - | 95.9 | - | - | - | 7.9 | - | - | - | 14.2 |
Levered Free Cash Flow | 1,416 | 463.51 | -509.6 | 583.55 | 623.79 | 272.8 | 214.58 | 491.96 | 380.81 | 54.66 | 216.9 | 512.18 | 516.03 | 184.64 | 370.36 | 513.27 | 6.82 | 249.8 | -252.34 | 253.87 |
Unlevered Free Cash Flow | 1,448 | 495.95 | -479.16 | 611.68 | 653.29 | 303.05 | 245.08 | 525.71 | 413.69 | 88.29 | 249.84 | 532.69 | 544.28 | 209.51 | 393.05 | 513.55 | 28.95 | 270.92 | -230.4 | 260.02 |
Change in Working Capital | 32.1 | -246.4 | -342.8 | -182.5 | 229.8 | 16 | 65.8 | -26.3 | 204.9 | -122.7 | 1.9 | -134.2 | -12.6 | -203.2 | -299.8 | -155.2 | -166.5 | -120.1 | -221.1 | -55.11 |
Updated Dec 2, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.