Marvell Technology, Inc. (MRVL) Financial Statements
Industry: Semiconductors & Related Devices
In fiscal 2026, Marvell Technology reported revenue of $8.19B, up 42.1% from $5.77B the year before. Net income was $2.67B (a 32.6% net margin), or $3.07 per diluted share. Gross margin was 51.0% and operating margin was 16.1%. Operating activities generated $1.75B of cash, leaving $1.40B of free cash flow. At fiscal year end, Marvell Technology held $22.29B in total assets against $7.98B in total liabilities, including $2.64B of cash and equivalents.
Open the full interactive Marvell Technology financials → Quarterly statements, key ratios, valuation history and price charts.
Marvell Technology Key Stats
| Share Price | $268.73 |
|---|---|
| Market Cap | $247.55B |
| P/E Ratio | 87.5 |
| Dividend Yield | 0.08% |
| Revenue YoY Growth | +42.1% |
| 52-Week Range | $73.66 – $316.28 |
| Shares Outstanding | 897.4 million (basic, 2027 Q2) |
Marvell Technology Income Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $4.46B | $5.92B | $5.51B | $5.77B | $8.19B |
| Cost of Goods Sold | $2.40B | $2.93B | $3.21B | $3.39B | $4.01B |
| Gross Profit | $2.06B | $2.99B | $2.29B | $2.38B | $4.18B |
| Operating Income | -$347.7M | $238.0M | -$567.7M | -$720.3M | $1.32B |
| Pre-Tax Income | -$483.5M | $85.1M | -$758.7M | -$894.7M | $3.05B |
| Income Tax | -$62.5M | $248.6M | $174.7M | -$9.7M | $376.5M |
| Net Income | -$421.0M | -$163.5M | -$933.4M | -$885.0M | $2.67B |
| Diluted EPS | -$0.53 | -$0.19 | -$1.08 | -$1.02 | $3.07 |
Marvell Technology Quarterly Results
| 2026 Q3 | 2026 Q4 | 2027 Q1 | 2027 Q2 | |
|---|---|---|---|---|
| Revenue | $2.07B | $2.22B | $2.42B | $2.74B |
| Net Income | $1.90B | $396.1M | $34.5M | $308.0M |
| Diluted EPS | $2.20 | $0.46 | $0.04 | $0.33 |
Marvell Technology Balance Sheet
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $613.5M | $911.0M | $950.8M | $948.3M | $2.64B |
| Current Assets | $2.49B | $3.28B | $3.06B | $3.12B | $6.46B |
| Total Assets | $22.11B | $22.52B | $21.23B | $20.20B | $22.29B |
| Current Liabilities | $1.39B | $2.39B | $1.81B | $2.03B | $3.22B |
| Total Long-Term Debt | $4.55B | $4.49B | $4.17B | $4.06B | $4.47B |
| Total Liabilities | $6.41B | $6.88B | $6.40B | $6.78B | $7.98B |
| Shareholders' Equity | $15.70B | $15.64B | $14.83B | $13.43B | $14.31B |
Marvell Technology Cash Flow Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Cash From Operations | $819.4M | $1.29B | $1.37B | $1.68B | $1.75B |
| Cash From Investing | -$3.75B | -$328.4M | -$350.5M | -$300.7M | $2.10B |
| Cash From Financing | $2.79B | -$662.9M | -$980.2M | -$1.38B | -$2.16B |
| Free Cash Flow | $650.0M | $1.08B | $1.03B | $1.40B | $1.40B |
| Dividends Paid | $191.0M | $204.4M | $206.8M | $207.5M | $205.1M |
Figures from Marvell Technology's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Marvell Technology financials page for every line item.
Marvell Technology Company Profile
| Ticker | MRVL |
|---|---|
| Exchange | Nasdaq |
| Industry | Semiconductors & Related Devices |
| Headquarters | Wilmington, Delaware |
| Incorporated in | Delaware |
| Fiscal Year End | January 30 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001835632 |
Frequently Asked Questions
What was Marvell Technology's revenue in fiscal 2026?
Marvell Technology (MRVL) reported revenue of $8.19B for fiscal 2026.
What is Marvell Technology's annual revenue history?
Marvell Technology's annual revenue by fiscal year: 2022: $4.46B; 2023: $5.92B; 2024: $5.51B; 2025: $5.77B; 2026: $8.19B.
What was Marvell Technology's net income in fiscal 2026?
Marvell Technology reported net income of $2.67B for fiscal 2026.
What was Marvell Technology's earnings per share (EPS) in fiscal 2026?
Marvell Technology's diluted EPS was $3.07 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Marvell Technology generate in fiscal 2026?
Marvell Technology generated $1.40B of free cash flow in fiscal 2026.
What was Marvell Technology's revenue last quarter?
In its most recent reported quarter (2027 Q2), Marvell Technology reported revenue of $2.74B.
How much debt does Marvell Technology have?
Marvell Technology reported $4.47B of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Marvell Technology are outstanding?
Marvell Technology reported a weighted average of 897.4 million basic shares outstanding in 2027 Q2.
What is Marvell Technology's market cap?
Based on its latest closing price, Marvell Technology (MRVL) has a market capitalization of about $247.55B.
When does Marvell Technology's fiscal year end?
Marvell Technology's fiscal year end, as registered with the SEC, is January 30.
Where is Marvell Technology headquartered?
Marvell Technology lists its business address in Wilmington, Delaware in its SEC filings.