MRVL
Marvell Technology, Inc.
Stock
$264.21+0.94 (+0.36%)Close Sep 30, 2026
Income statement
| Line | TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.5B | $8.2B | $5.8B | $5.5B | $5.9B | $4.5B | $3.0B | $2.7B |
| Cost of revenue | $4.5B | $4.0B | $3.4B | $3.2B | $2.9B | $2.4B | $1.5B | $1.3B |
| Gross profit | $4.9B | $4.2B | $2.4B | $2.3B | $3.0B | $2.1B | $1.5B | $1.4B |
| R&D | $2.4B | $2.1B | $2.0B | $1.9B | $1.8B | $1.4B | $1.1B | $1.1B |
| SG&A | $904M | $767M | $798M | $834M | $844M | $955M | — | — |
| Other operating expenses | $27M | $16M | $354M | $131M | $122M | $32M | $674M | $520M |
| Operating income | $1.6B | $1.3B | −$720M | −$568M | $238M | −$348M | −$258M | −$243M |
| Non-operating income | — | $1.7B | −$174M | −$191M | −$153M | −$136M | −$64M | $1.0B |
| Pretax income | — | $3.0B | −$895M | −$759M | $85M | −$484M | −$322M | $798M |
| Taxes | — | $377M | −$9.7M | $175M | $249M | −$63M | −$45M | −$786M |
| Net income | $2.6B | $2.7B | −$885M | −$933M | −$164M | −$421M | −$277M | $1.6B |
| Diluted EPS | $3.03 | $3.07 | −$1.02 | −$1.08 | −$0.19 | −$0.53 | −$0.41 | $2.34 |
| Diluted shares | — | 869.7M | 865.5M | 861.3M | 851.4M | 796.9M | 668.8M | 676.1M |
| Revenue growth | — | +42.1% | +4.7% | −7.0% | +32.7% | +50.3% | +10.0% | — |
| Gross margin | 52.2% | 51.0% | 41.3% | 41.6% | 50.5% | 46.3% | 50.1% | 50.3% |
| Operating margin | 16.5% | 16.1% | −12.5% | −10.3% | 4.0% | −7.8% | −8.7% | −9.0% |
| Net margin | 27.9% | 32.6% | −15.3% | −16.9% | −2.8% | −9.4% | −9.3% | 58.7% |
Cost of revenue, other operating expenses, non-operating income and taxes are the differences between the lines reported around them.