MARVELL TECHNOLOGY, INC.
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 1/31/26
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 4,970 | 25.8 |
| Stockholders' equity | 14,308 | 74.2 |
| Total capitalization | 19,279 | 100.0 |
876,900,000 shares outstanding at 21 August 2026 (cover page of the 10-Q filed 28 August 2026).
LONG-TERM DEBT 1/31/26
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 4,471 |
| Long-term debt, noncurrent | 3,971 |
| Short-term borrowings / commercial paper | 500 |
CAPITAL STOCK 1/31/26
| Common shares authorized | 1,300,000,000 |
| Common shares issued | 847,300,000 |
| Par or stated value per share ($) | 0.002 |
| Preferred stock ($ millions) | 0 |
| Outstanding at 8/21/26 | 876,900,000 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2026 | 0.24 | 7.8 |
| 2025 | 0.24 | – |
| 2024 | 0.24 | – |
| 2023 | 0.24 | – |
| 2022 | 0.24 | – |
HISTORY AND BUSINESS
HISTORY: Incorporated in Delaware.
BUSINESS: Classified by the SEC under Standard Industrial Classification 3674, Semiconductors & Related Devices. Large accelerated filer. Principal executive office: 1000 N. West Street, Suite 1200, Wilmington, DE 19801. Fiscal year ends January 30. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 1/31/26 | 2/1/25 | 2/3/24 |
|---|---|---|---|
| Revenues | 8,195 | 5,767 | 5,508 |
| Cost of revenues | 4,014 | 3,385 | 3,214 |
| Gross profit | 4,181 | 2,382 | 2,294 |
| Research and development | 2,075 | 1,950 | 1,896 |
| Selling, general and administrative | 767 | 798 | 834 |
| Depreciation and amortization | 222 | 177 | 148 |
| Operating income | 1,323 | (720) | (568) |
| Interest expense | 203 | 189 | 212 |
| Income before income taxes | 3,047 | (895) | (759) |
| Income taxes | 376 | (10) | 175 |
| Net income | 2,670 | (885) | (933) |
| Earned per share, diluted ($) | 3.07 | (1.02) | (1.08) |
| Dividends per share ($) | 0.24 | 0.24 | 0.24 |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 1/31/26 | 2/1/25 |
|---|---|---|
| Cash and equivalents | 2,639 | 948 |
| Receivables, net | 2,187 | 1,028 |
| Inventories | 1,388 | 1,030 |
| Total current assets | 6,461 | 3,120 |
| Property, plant and equipment, net | 935 | 790 |
| Goodwill | 11,062 | 11,587 |
| Total assets | 22,285 | 20,204 |
| Total current liabilities | 3,220 | 2,027 |
| Long-term debt | 3,971 | 3,934 |
| Total liabilities | 7,977 | 6,778 |
| Stockholders' equity | 14,308 | 13,427 |
| Total liabilities and equity | 22,285 | 20,204 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1/31/26 | 8,195 | 1,323 | 2,670 | 32.6 | 3.07 | 0.24 | 1,750 | 354 | 1,396 | 22,285 | 7,977 | 4,970 | 14,308 | 18.7 | 0.35 |
| 2/1/25 | 5,767 | (720) | (885) | -15.3 | (1.02) | 0.24 | 1,681 | 285 | 1,397 | 20,204 | 6,778 | 4,193 | 13,427 | -6.6 | 0.31 |
| 2/3/24 | 5,508 | (568) | (933) | -16.9 | (1.08) | 0.24 | 1,370 | 336 | 1,034 | 21,228 | 6,397 | 4,273 | 14,831 | -6.3 | 0.29 |
| 1/28/23 | 5,920 | 238 | (164) | -2.8 | (0.19) | 0.24 | 1,289 | 206 | 1,083 | 22,522 | 6,885 | 5,076 | 15,637 | -1.0 | 0.32 |
| 1/29/22 | 4,462 | (348) | (421) | -9.4 | (0.53) | 0.24 | 819 | 169 | 650 | 22,109 | 6,406 | 4,611 | 15,702 | -2.7 | 0.29 |
| 1/30/21 | 2,969 | (258) | (277) | -9.3 | (0.41) | 0.24 | 817 | 107 | 710 | 10,765 | 2,329 | 1,392 | 8,436 | -3.3 | 0.17 |
| 2/1/20 | 2,699 | (243) | 1,584 | 58.7 | 2.34 | 0.24 | 360 | 82 | 278 | – | – | – | 8,679 | 18.3 | – |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
Marvell Technology, Inc.
CIK 1835632 · EIN 85-3971597
PRINCIPAL OFFICE:
1000 N. West Street, Suite 1200, Wilmington, DE 19801
Tel.: (302) 295-4840
INCORPORATED:
Delaware
INDUSTRY (SEC SIC CODE):
3674 · Semiconductors & Related Devices
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 1/31/26, filed 11 March 2026
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2026 (filed 3/11/26) · 10-K FY2025 (filed 3/12/25) · 10-K FY2024 (filed 3/13/24) · 10-K FY2023 (filed 3/9/23) · 10-K FY2022 (filed 3/10/22). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.