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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
Aug 1, 2026May 2, 2026Nov 1, 2025Aug 2, 2025May 3, 2025Nov 2, 2024Aug 3, 2024May 4, 2024Oct 28, 2023Jul 29, 2023Apr 29, 2023Oct 29, 2022Jul 30, 2022Apr 30, 2022Oct 30, 2021Jul 31, 2021May 1, 2021
Net revenue
2,739
2,418
2,075
2,006
1,895
1,516
1,273
1,161
1,419
1,341
1,322
1,537
Cost of goods sold
1,284
1,157
1,005
996
943
1,167
685
633
867
820
765
760
Gross profit
1,456
1,261
1,070
1,011
952
349
588
528
551
521
557
777
Operating expenses:
                 
Research and development
741
652
513
519
508
489
487
476
481
475
481
448
Selling, general and administrative
258
258
190
193
186
205
197
200
213
210
199
208
Restructuring related charges (gains), net
(3)
11
10
9
(12)
358
-
-
-
-
-
-
Legal settlement
-
-
-
-
-
-
-
-
0
0
-
0
Restructuring related charges
-
-
-
-
-
-
4
4
3
42
60
16
Total operating expenses
996
921
712
721
682
1,052
688
680
698
727
740
672
Operating income
460
339
358
290
271
(703)
(100)
(152)
(146)
(206)
(182)
106
Interest expense
(62)
(53)
(51)
(52)
(49)
(47)
(48)
(49)
(53)
(54)
(53)
(45)
Other expense, net
(20)
(203)
1,909
(5)
(6)
(1)
3
3
10
6
0
3
Interest income
-
-
-
-
-
-
-
-
2
2
3
2
Interest and other loss, net
(81)
(256)
1,858
(56)
(55)
(48)
(46)
(46)
(41)
(46)
(50)
(41)
Income before income taxes
378
83
2,215
234
216
(751)
(146)
(198)
(188)
(252)
(232)
65
Provision for income taxes
70
49
314
39
38
(74)
47
18
(23)
(44)
(63)
52
Net income
308
35
1,901
195
178
(676)
(193)
(216)
(164)
(208)
(169)
13
Comprehensive income (loss), net of tax
-
-
-
-
-
-
-
-
-
-
-
-
Net income per share — basic (in dollars per share)
0.34
0.04
2.22
0.23
0.21
(0.78)
(0.22)
(0.25)
(0.19)
(0.24)
(0.2)
0.02
Net income per share — diluted (in dollars per share)
0.33
0.04
2.2
0.22
0.2
(0.78)
(0.22)
(0.25)
(0.19)
(0.24)
(0.2)
0.02
Weighted-average shares outstanding - common stock and preferred stock assuming conversion:
                 
Basic (in shares)
897.4
882
855.8
862.6
864.8
865.7
865.7
865
862.6
860.9
856.7
852.6
Diluted (in shares)
921.2
893.3
863.7
870.4
875.6
865.7
865.7
865
862.6
860.9
856.7
858.4