Marvell Technology Group Ltd
NASDAQ:MRVL

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Marvell Technology Group Ltd
NASDAQ:MRVL
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Price: 92.51 USD -0.46% Market Closed
Market Cap: 80.1B USD
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Income Statement

Earnings Waterfall
Marvell Technology Group Ltd

Revenue
5.3B USD
Cost of Revenue
-2.9B USD
Gross Profit
2.3B USD
Operating Expenses
-2.7B USD
Operating Income
-395m USD
Other Expenses
-570.9m USD
Net Income
-965.9m USD

Income Statement
Marvell Technology Group Ltd

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Income Statement
Currency: USD
Aug-2014 Nov-2014 Jan-2015 May-2015 Aug-2015 Oct-2015 Jan-2016 Apr-2016 Jul-2016 Oct-2016 Jan-2017 Apr-2017 Jul-2017 Oct-2017 Feb-2018 May-2018 Aug-2018 Nov-2018 Feb-2019 May-2019 Aug-2019 Nov-2019 Feb-2020 May-2020 Aug-2020 Oct-2020 Jan-2021 May-2021 Jul-2021 Oct-2021 Jan-2022 Apr-2022 Jul-2022 Oct-2022 Jan-2023 Apr-2023 Jul-2023 Oct-2023 Feb-2024 May-2024 Aug-2024
Revenue
Revenue
3 782
N/A
3 781
0%
3 637
-4%
3 473
-5%
3 222
-7%
2 967
-8%
2 602
-12%
2 392
-8%
2 279
-5%
2 227
-2%
2 301
+3%
2 360
+3%
2 368
+0%
2 360
0%
2 409
+2%
2 441
+1%
2 502
+2%
2 736
+9%
2 866
+5%
2 924
+2%
2 915
0%
2 726
-6%
2 699
-1%
2 730
+1%
2 801
+3%
2 889
+3%
2 969
+3%
3 108
+5%
3 456
+11%
3 917
+13%
4 462
+14%
5 077
+14%
5 518
+9%
5 844
+6%
5 920
+1%
5 794
-2%
5 618
-3%
5 500
-2%
5 508
+0%
5 347
-3%
5 279
-1%
Gross Profit
Cost of Revenue
(1 914)
(1 904)
(1 799)
(1 701)
(1 685)
(1 599)
(1 396)
(1 285)
(1 093)
(991)
(1 018)
(1 005)
(974)
(946)
(947)
(949)
(998)
(1 227)
(1 407)
(1 480)
(1 497)
(1 352)
(1 342)
(1 408)
(1 470)
(1 517)
(1 481)
(1 528)
(1 864)
(2 118)
(2 399)
(2 680)
(2 707)
(2 843)
(2 932)
(3 001)
(3 090)
(3 197)
(3 214)
(3 083)
(2 948)
Gross Profit
1 869
N/A
1 878
+0%
1 838
-2%
1 772
-4%
1 537
-13%
1 368
-11%
1 207
-12%
1 107
-8%
1 185
+7%
1 236
+4%
1 283
+4%
1 355
+6%
1 394
+3%
1 414
+1%
1 462
+3%
1 492
+2%
1 504
+1%
1 510
+0%
1 458
-3%
1 444
-1%
1 418
-2%
1 374
-3%
1 357
-1%
1 322
-3%
1 331
+1%
1 372
+3%
1 488
+8%
1 580
+6%
1 592
+1%
1 799
+13%
2 063
+15%
2 397
+16%
2 811
+17%
3 001
+7%
2 988
0%
2 794
-6%
2 529
-9%
2 303
-9%
2 294
0%
2 264
-1%
2 331
+3%
Operating Income
Operating Expenses
(1 469)
(1 458)
(1 365)
(1 431)
(1 423)
(1 383)
(1 233)
(1 159)
(1 080)
(1 023)
(1 057)
(1 018)
(980)
(941)
(957)
(949)
(1 026)
(1 168)
(1 287)
(1 422)
(1 462)
(1 484)
(1 491)
(1 515)
(1 539)
(1 525)
(1 523)
(1 570)
(1 807)
(2 049)
(2 233)
(2 555)
(2 594)
(2 635)
(2 518)
(2 643)
(2 667)
(2 705)
(2 730)
(2 727)
(2 726)
Selling, General & Administrative
(240)
(263)
(263)
(276)
(277)
(273)
(279)
(267)
(269)
(265)
(251)
(243)
(231)
(229)
(239)
(240)
(280)
(303)
(328)
(347)
(326)
(365)
(366)
(390)
(415)
(408)
(433)
(480)
(635)
(765)
(545)
(973)
(930)
(895)
(734)
(822)
(820)
(825)
(834)
(835)
(822)
Research & Development
(1 173)
(1 165)
(1 090)
(1 143)
(1 134)
(1 098)
(954)
(895)
(817)
(767)
(806)
(776)
(750)
(711)
(718)
(709)
(743)
(839)
(900)
(985)
(1 035)
(1 042)
(1 070)
(1 088)
(1 095)
(1 079)
(1 059)
(1 083)
(1 177)
(1 297)
(1 404)
(1 582)
(1 664)
(1 741)
(1 784)
(1 821)
(1 847)
(1 880)
(1 896)
(1 892)
(1 904)
Depreciation & Amortization
(33)
(25)
(12)
(12)
(12)
(12)
0
0
0
0
0
0
0
0
0
0
(7)
(32)
(59)
(91)
(102)
0
(56)
(37)
(30)
(39)
(30)
0
0
0
(285)
0
0
0
0
0
0
0
0
0
0
Other Operating Expenses
(24)
(5)
0
0
0
0
0
3
5
8
0
0
0
0
0
0
5
6
0
0
0
(77)
0
0
0
0
0
(7)
4
14
0
0
0
0
0
0
0
0
0
0
0
Operating Income
399
N/A
420
+5%
472
+13%
341
-28%
115
-66%
(14)
N/A
(27)
-86%
(52)
-93%
105
N/A
213
+103%
226
+6%
337
+49%
414
+23%
474
+15%
505
+7%
543
+7%
478
-12%
342
-28%
171
-50%
22
-87%
(44)
N/A
(109)
-146%
(134)
-23%
(193)
-43%
(208)
-8%
(153)
+26%
(35)
+77%
10
N/A
(215)
N/A
(250)
-16%
(170)
+32%
(158)
+7%
217
N/A
366
+69%
469
+28%
151
-68%
(138)
N/A
(402)
-192%
(437)
-9%
(462)
-6%
(395)
+15%
Pre-Tax Income
Interest Income Expense
0
0
11
4
11
16
20
18
17
17
17
20
18
14
18
21
(1)
(24)
(48)
(74)
(81)
(80)
(84)
(77)
(72)
(68)
(69)
(86)
(105)
(124)
(140)
(140)
(145)
(153)
(165)
(180)
(193)
(200)
(203)
(198)
(192)
Non-Reccuring Items
0
0
(14)
(11)
(679)
(724)
(718)
(722)
(55)
(11)
(97)
(93)
(97)
(99)
(74)
(90)
(152)
(187)
(128)
(125)
(96)
(73)
1 013
(126)
(215)
(218)
(224)
(255)
(145)
(134)
(178)
(38)
(107)
(116)
(231)
(165)
(121)
(109)
(131)
(75)
(37)
Total Other Income
28
32
10
22
9
5
(3)
(3)
(3)
(2)
1
1
5
9
2
5
(1)
(9)
1
(1)
(1)
3
4
1 127
1 128
1 128
5
0
(1)
(0)
4
7
12
14
12
8
10
17
12
12
5
Pre-Tax Income
428
N/A
451
+5%
480
+6%
356
-26%
(544)
N/A
(718)
-32%
(728)
-1%
(759)
-4%
64
N/A
217
+238%
147
-32%
265
+80%
340
+28%
397
+17%
451
+14%
479
+6%
324
-32%
124
-62%
(5)
N/A
(178)
-3 735%
(223)
-25%
(259)
-16%
798
N/A
732
-8%
633
-14%
689
+9%
(322)
N/A
(330)
-2%
(465)
-41%
(508)
-9%
(483)
+5%
(328)
+32%
(23)
+93%
110
N/A
85
-23%
(186)
N/A
(442)
-137%
(695)
-57%
(759)
-9%
(724)
+5%
(619)
+15%
Net Income
Tax Provision
11
(0)
4
(6)
(17)
(16)
(11)
(1)
10
(2)
(73)
(83)
(85)
(76)
(18)
(17)
9
7
(174)
(178)
(198)
(190)
786
788
787
790
45
78
94
98
62
(170)
(195)
(252)
(249)
20
63
139
(175)
(256)
(347)
Income from Continuing Operations
439
451
484
350
(561)
(734)
(738)
(760)
75
216
75
182
255
321
433
462
334
130
(179)
(356)
(420)
(449)
1 584
1 520
1 419
1 479
(277)
(253)
(371)
(411)
(421)
(498)
(218)
(142)
(164)
(167)
(379)
(556)
(933)
(980)
(966)
Net Income (Common)
439
N/A
451
+3%
435
-3%
350
-20%
(561)
N/A
(734)
-31%
(811)
-11%
(848)
-5%
(25)
+97%
105
N/A
21
-80%
150
+611%
264
+76%
392
+48%
521
+33%
543
+4%
384
-29%
130
-66%
(179)
N/A
(356)
-99%
(420)
-18%
(449)
-7%
1 584
N/A
1 520
-4%
1 419
-7%
1 479
+4%
(277)
N/A
(253)
+9%
(371)
-47%
(411)
-11%
(421)
-3%
(498)
-18%
(218)
+56%
(142)
+35%
(164)
-15%
(167)
-2%
(379)
-127%
(556)
-47%
(933)
-68%
(980)
-5%
(966)
+1%
EPS (Diluted)
0.86
N/A
0.87
+1%
0.83
-5%
0.68
-18%
-1.08
N/A
-1.45
-34%
-1.58
-9%
-1.66
-5%
-0.04
+98%
0.2
N/A
0.04
-80%
0.29
+625%
0.51
+76%
0.77
+51%
1.02
+32%
1.06
+4%
0.68
-36%
0.19
-72%
-0.3
N/A
-0.54
-80%
-0.64
-19%
-0.68
-6%
2.34
N/A
2.29
-2%
2.12
-7%
2.2
+4%
-0.41
N/A
-0.38
+7%
-0.45
-18%
-0.49
-9%
-0.53
-8%
-0.58
-9%
-0.26
+55%
-0.16
+38%
-0.19
-19%
-0.19
N/A
-0.44
-132%
-0.65
-48%
-1.08
-66%
-1.13
-5%
-1.12
+1%

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