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Marvell Technology, Inc. MRVL

Nasdaq · stock · Semiconductors & Related Devices · website · IPO 2000-06-27 · LEI

Marvell Technology, Inc. financials (annual)

Revenue
$2.97B $4.46B $5.92B $5.51B $5.77B $8.19B 202120222023202420252026
Net income
-$277.3M -$421.0M -$163.5M -$933.4M -$885.0M $2.67B 202120222023202420252026
Free cash flow
$710.5M $650.1M $1.08B $1.03B $1.40B $1.40B 202120222023202420252026

Bars are annual figures from 2021 to 2026; red bars are negative (a loss or cash outflow).

MetricFY2026FY2025FY2024FY2023FY2022FY2021
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%

MetricFY2026FY2025FY2024FY2023FY2022FY2021
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.