Marvell Technology, Inc. MRVL
Marvell Technology, Inc. financials (annual)
Bars are annual figures from 2021 to 2026; red bars are negative (a loss or cash outflow).
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | $8.2B | $5.8B | $5.5B | $5.9B | $4.5B | $3.0B |
| Gross profit | $4.2B | $2.4B | $2.3B | $3.0B | $2.1B | $1.5B |
| R&D expense | $2.1B | $2.0B | $1.9B | $1.8B | $1.4B | $1.1B |
| SG&A expense | $767.1M | $798.2M | $834.0M | $843.6M | $955.3M | — |
| Operating income | $1.3B | -$720.3M | -$567.7M | $238.0M | -$347.7M | -$258.4M |
| Interest expense | — | — | $211.7M | $170.6M | $139.3M | $69.3M |
| Income tax | $376.5M | -$9.7M | $174.7M | $248.6M | -$62.5M | -$44.9M |
| Net income | $2.7B | -$885.0M | -$933.4M | -$163.5M | -$421.0M | -$277.3M |
| EPS (diluted) | $3.07 | $-1.02 | $-1.08 | $-0.19 | $-0.53 | $-0.41 |
| Operating cash flow | $1.8B | $1.7B | $1.4B | $1.3B | $819.3M | $817.3M |
| Free cash flow | $1.4B | $1.4B | $1.0B | $1.1B | $650.1M | $710.5M |
| Cash & equivalents | $2.6B | $948.3M | $950.8M | $911.0M | $613.5M | $748.5M |
| Inventory | $1.4B | $1.0B | $864.4M | $1.1B | $720.3M | $268.2M |
| Total assets | $22.3B | $20.2B | $21.2B | $22.5B | $22.1B | $10.8B |
| Total liabilities | $8.0B | $6.8B | $6.4B | $6.9B | $6.4B | $2.3B |
| Shareholders' equity | $14.3B | $13.4B | $14.8B | $15.6B | $15.7B | $8.4B |
Growth · year-over-year · Revenue CAGR 22.5%
| Metric | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue growth | +42.1% | +4.7% | -7.0% | +32.7% | +50.3% | — |
| Free cash flow growth | -0.0% | +35.0% | -4.5% | +66.5% | -8.5% | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2026-01-31. Facts plus Stocktoria's own computed scores — not investment advice.