MRVL · XBRL financial data

Marvell Technology financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (MRVL's year ends in late January)

In millions of dollars	Q3 FY24Oct 28, 2023	Q4 FY24Feb 3, 2024	Q1 FY25May 4, 2024	Q2 FY25Aug 3, 2024	Q3 FY25Nov 2, 2024	Q4 FY25Feb 1, 2025	Q1 FY26May 3, 2025	Q2 FY26Aug 2, 2025	Q3 FY26Nov 1, 2025	Q4 FY26Jan 31, 2026	Q1 FY27May 2, 2026	Q2 FY27Aug 1, 2026
Revenue from contracts with customers	1,419	1,427*	1,161	1,273	1,516	1,817*	1,895	2,006	2,075	2,219*	2,418	2,739
Cost of goods and services sold	867	762*	633	685	1,167	900*	943	996	1,005	1,071*	1,157	1,284
Gross profit	551	664*	528	588	349	917*	952	1,011	1,070	1,148*	1,261	1,456
Research and development	481	460*	476	487	489	499*	508	519	513	536*	652	741
Selling, general and administrative	213	212*	200	197	205	196*	186	193	190	198*	258	258
Operating income (loss)	(146)	(33)*	(152)	(100)	(703)	235*	271	290	358	404*	339	460
Interest expense	53	53*	49	48	47	45*	49	52	51	51*	53	62
Other income (expense)	10	(4)*	3	3	(1)	10*	(6)	(5)	1,909	28*	(203)	(20)
Income tax expense (benefit)	(23)	305*	18	47	(74)	(0)*	38	39	314	(15)*	49	70
Net income (loss)	(164)	(393)*	(216)	(193)	(676)	200*	178	195	1,901	396*	35	308
Earnings per share, basic USD per share	(0.19)	(0.45)*	(0.25)	(0.22)	(0.78)	0.23*	0.21	0.23	2.22	0.46*	0.04	0.34
Earnings per share, diluted USD per share	(0.19)	(0.45)*	(0.25)	(0.22)	(0.78)	0.23*	0.20	0.22	2.20	0.46*	0.04	0.33
Weighted average shares, basic millions of shares	863	865*	865	866	866	866*	865	863	856	861*	882	897
Weighted average shares, diluted millions of shares	863	865*	865	866	866	866*	876	870	864	869*	893	921

Balance sheet

CSV

Fiscal quarters (MRVL's year ends in late January)

In millions of dollars	Q3 FY24Oct 28, 2023	Q4 FY24Feb 3, 2024	Q1 FY25May 4, 2024	Q2 FY25Aug 3, 2024	Q3 FY25Nov 2, 2024	Q4 FY25Feb 1, 2025	Q1 FY26May 3, 2025	Q2 FY26Aug 2, 2025	Q3 FY26Nov 1, 2025	Q4 FY26Jan 31, 2026	Q1 FY27May 2, 2026	Q2 FY27Aug 1, 2026
Cash and cash equivalents	726	951	848	809	868	948	886	1,224	2,715	2,639	3,844	3,933
Accounts receivable	1,215	1,122	882	1,060	998	1,028	1,144	1,452	1,546	2,187	1,872	2,218
Inventory	942	864	826	818	859	1,030	1,071	1,052	1,015	1,388	1,401	1,361
Prepaid and other current assets	92	126	92	77	91	114	148	190	237	247	348	408
Total current assets	2,973	3,063	2,648	2,764	2,817	3,120	3,838	4,513	5,513	6,461	7,464	7,919
Property and equipment, net	702	756	758	782	782	791	775	795	855	935	973	1,071
Right-of-use asset	210	204	204	217	214	246	246	274	272	284	284	292
Goodwill	11,587	11,587	11,587	11,587	11,587	11,587	11,062	11,062	11,062	11,062	13,884	13,874
Total assets	21,714	21,229	20,491	20,293	19,716	20,205	20,024	20,586	21,579	22,285	26,945	27,555
Accounts payable	419	411	321	453	538	622	563	611	634	1,074	710	798
Accrued liabilities	—	1,033	861	764	825	973	940	1,079	1,351	1,337	1,336	1,426
Current portion of long-term debt	—	—	—	—	—	—	—	—	—	500	0	0
Total current liabilities	1,880	1,814	1,468	1,547	1,764	2,027	2,941	2,399	2,737	3,221	2,277	2,500
Long-term debt	4,090	4,059	4,028	3,997	3,966	3,934	2,977	3,968	3,969	3,971	4,961	4,963
Lease liability, non-current	197	196	197	207	203	231	229	258	255	263	261	264
Total liabilities	6,481	6,397	6,012	6,089	6,343	6,778	6,711	7,165	7,522	7,977	8,729	9,023
Retained earnings (accumulated deficit)	428	(17)	(284)	(529)	(1,258)	(1,109)	(983)	(840)	1,011	1,356	1,337	1,591
Total stockholders' equity	15,233	14,831	14,479	14,205	13,373	13,427	13,313	13,422	14,057	14,308	18,216	18,532
Total liabilities and equity	21,714	21,229	20,491	20,293	19,716	20,205	20,024	20,586	21,579	22,285	26,945	27,555
Common shares outstanding (cover page) millions of shares	865	866	866	866	865	866	862	862	848	874	875	877

Cash flows

CSV

Fiscal quarters (MRVL's year ends in late January)

In millions of dollars	Q3 FY24Oct 28, 2023	Q4 FY24Feb 3, 2024	Q1 FY25May 4, 2024	Q2 FY25Aug 3, 2024	Q3 FY25Nov 2, 2024	Q4 FY25Feb 1, 2025	Q1 FY26May 3, 2025	Q2 FY26Aug 2, 2025	Q3 FY26Nov 1, 2025	Q4 FY26Jan 31, 2026	Q1 FY27May 2, 2026	Q2 FY27Aug 1, 2026
Net income (loss)	(164)	(393)*	(216)	(193)	(676)	200*	178	195	1,901	396*	35	308
Stock-based compensation	159*	155*	137	155*	158*	148*	142	154*	152*	143*	208	326*
Net cash from operating activities	503*	547*	325	306*	536*	514*	333	462*	582*	374*	639	606*
Purchases of property and equipment	54*	71*	92	48*	75*	70*	119	48*	74*	114*	156	127*
Net cash from investing activities	(55)*	(76)*	(102)	(53)*	(76)*	(70)*	(94)	(77)*	2,391*	(122)*	(1,421)	(130)*
Share repurchases	50*	100*	150	175*	200*	200*	340	200*	1,300*	200*	200	200*
Dividends paid	52*	52*	52	52*	52*	52*	52	52*	51*	51*	54	54*
Proceeds from long-term debt	1,045*	0*	0	0*	0*	0*	—	—	—	—	—	—
Repayments of long-term debt	1,007*	22*	22	22*	33*	33*	33	758*	0*	0*	500	0*
Net cash from financing activities	(146)*	(245)*	(326)	(292)*	(401)*	(364)*	(301)	(46)*	(1,483)*	(327)*	1,987	(386)*
Net change in cash	302*	225*	(103)	(39)*	59*	80*	(62)	339*	1,490*	(76)*	1,205	89*

Compare with peers

SIC 3674 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3674 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Marvell Technology	3,933	2,739	606*	876.9M	Q2 FY27 10-QAug 1, 2026
NXP Semiconductors	3,943	3,786	1,256*	252.1M	Q3 FY26 10-QSep 27, 2026
Analog Devices	2,166	4,022	1,604*	484.6M	Q3 FY26 10-QAug 1, 2026
Vertiv Holdings	3,513	4,313	794*	385.1M	Q3 FY26 10-QSep 30, 2026
Intel	21,846	16,513	5,082*	5.3B	Q3 FY26 10-QSep 26, 2026
Amphenol	4,173	10,230	2,079*	2.5B	Q3 FY26 10-QSep 30, 2026
Microchip Technology	272	1,485	512	543.0M	Q1 FY27 10-QJun 30, 2026
Applied Materials	7,037	9,115	3,037*	793.6M	Q3 FY26 10-QJul 26, 2026
Credo Technology Group Holding	467	479	90	188.0M	Q1 FY27 10-QAug 1, 2026

Not investment advice. Not affiliated with the U.S. SEC.