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Marvell Technology, Inc.

MRVL
Semiconductors And Related Devices
Last filing · Quarter 2 · Aug 1, 2026
Statement
Order
Format
% Change
Rows
USD ($)
$ in Millions, shares in Millions
LTMJan 31, 2026Feb 1, 2025Feb 3, 2024Jan 28, 2023Jan 29, 2022
Net revenue
9,450
8,195
5,767
5,508
Cost of goods sold
4,516
4,014
3,385
3,214
Gross profit
4,934
4,181
2,382
2,294
Operating expenses:
      
Research and development
2,442
2,075
1,950
1,896
Selling, general and administrative
904
767
798
834
Legal settlement
-
-
0
0
Restructuring related charges, net
27
16
354
-
Restructuring related charges
-
-
-
131
Total operating expenses
3,373
2,858
3,103
2,861
Operating income (loss)
1,561
1,323
(720)
(568)
Interest income
-
-
-
9
Interest expense
(216)
(203)
(189)
(212)
Interest income and other, net
1,714
1,926
15
12
Interest and other income (loss), net
1,497
1,724
(174)
(191)
Income (loss) before income taxes
3,059
3,047
(895)
(759)
Provision (benefit) for income taxes
419
377
(10)
175
Net income (loss)
2,640
2,670
(885)
(933)
Comprehensive loss, net of tax
-
-
-
-
Net income (loss) per share — basic (in dollars per share)
3.06
3.1
(1.02)
(1.08)
Net income (loss) per share — diluted (in dollars per share)
3.02
3.07
(1.02)
(1.08)
Weighted-average shares:
      
Basic (in shares)
889.6
861
865.5
861.3
Diluted (in shares)
907.1
869.7
865.5
861.3