Marvell Technology, Inc. (MRVL) Financial Statements (2024 and earlier)

Company Profile

Business Address 1000 N. WEST STREET
WILMINGTON, DE 19801
State of Incorp. DE
Fiscal Year End January 31
Industry (SIC) 3674 - Semiconductors and Related Devices (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

10/31/2023
MRQ
1/31/2023
1/31/2022
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:911614
Cash and cash equivalents911614
Short-term investments31
Other undisclosed cash, cash equivalents, and short-term investments(3)(1)
Receivables1,1921,049
Inventory, net of allowances, customer advances and progress billings1,068720
Inventory1,068720
Other undisclosed current assets110111
Total current assets:3,2812,493
Noncurrent Assets
Property, plant and equipment577463
Intangible assets, net (including goodwill)16,68917,665
Goodwill11,58711,511
Intangible assets, net (excluding goodwill)5,1026,153
Deferred income tax assets466494
Other noncurrent assets1,509994
Total noncurrent assets:19,24119,615
TOTAL ASSETS:22,52222,109
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,001826
Interest and dividends payable20
Taxes payable23
Employee-related liabilities241
Accounts payable466462
Accrued liabilities53679
Deferred revenue4539
Debt1,169126
Restructuring reserve44
Other undisclosed current liabilities167393
Total current liabilities:2,3871,389
Noncurrent Liabilities
Long-term debt and lease obligation 3,9084,485
Long-term debt, excluding current maturities 3,9084,485
Liabilities, other than long-term debt591533
Other liabilities591533
Other undisclosed noncurrent liabilities  
Total noncurrent liabilities:4,4985,018
Total liabilities:6,8856,407
Equity
Equity, attributable to parent15,63715,702
Common stock22
Additional paid in capital14,51214,209
Accumulated other comprehensive loss  
Retained earnings1,1241,491
Total equity:15,63715,702
TOTAL LIABILITIES AND EQUITY:22,52222,109

Income Statement (P&L) ($ in millions)

10/31/2023
TTM
1/31/2023
1/31/2022
Revenues5,9204,462
Cost of revenue
(Cost of Goods and Services Sold)
(2,932)(2,398)
Gross profit:2,9882,064
Operating expenses(2,728)(2,380)
Other undisclosed operating loss(22)(32)
Operating income (loss):238(348)
Nonoperating expense(153)(136)
Interest and debt expense(171)(139)
Loss from continuing operations before equity method investments, income taxes:(86)(623)
Other undisclosed income from continuing operations before income taxes171139
Income (loss) from continuing operations before income taxes:85(483)
Income tax expense (benefit)(249)62
Loss from continuing operations:(164)(421)
Loss before gain (loss) on sale of properties:(421)
Net loss available to common stockholders, diluted:(164)(421)

Comprehensive Income ($ in millions)

10/31/2023
TTM
1/31/2023
1/31/2022
Net loss:(164)(421)
Comprehensive loss:(164)(421)
Other undisclosed comprehensive loss, net of tax, attributable to parent  
Comprehensive loss, net of tax, attributable to parent:(164)(421)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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