Marvell Technology reported revenue of $2739.30M and net income of $308.00M for the quarter ended Aug 2026, up 36.5% year over year. This income statement covers 26 quarters of results from May 2020 through Aug 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | May2020 | Aug2020 | Oct2020 | Jan2021 | May2021 | Jul2021 | Oct2021 | Jan2022 | Apr2022 | Jul2022 | Oct2022 | Jan2023 | Apr2023 | Jul2023 | Oct2023 | Feb2024 | May2024 | Aug2024 | Nov2024 | Feb2025 | May2025 | Aug2025 | Nov2025 | Jan2026 | May2026 | Aug2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||||
| Revenue | 1,211.20M | 1,343.00M | 1,446.90M | 1,516.90M | 1,537.30M | 1,418.50M | 1,321.70M | 1,340.90M | 1,418.60M | 1,426.50M | 1,160.90M | 1,272.90M | 1,516.10M | 1,817.40M | 1,895.30M | 2,006.10M | 2,074.50M | 2,218.70M | 2,417.80M | 2,739.30M | ||||||
| Cost of RevenueCost of Rev | 623.40M | 656.60M | 696.00M | 730.90M | 760.00M | 745.20M | 764.50M | 819.80M | 867.40M | 762.40M | 633.10M | 685.30M | 1,166.70M | 900.00M | 942.90M | 995.50M | 1,004.70M | 1,070.80M | 1,157.00M | 1,283.70M | ||||||
| Gross Profit | 587.80M | 686.40M | 750.90M | 786.00M | 777.30M | 673.30M | 557.20M | 521.10M | 551.20M | 664.10M | 527.80M | 587.60M | 349.40M | 917.40M | 952.40M | 1,010.60M | 1,069.80M | 1,147.90M | 1,260.80M | 1,455.60M | ||||||
| Operating items | ||||||||||||||||||||||||||
| Research & DevelopmentR&D | 371.90M | 399.20M | 444.10M | 449.00M | 448.10M | 443.10M | 480.70M | 474.80M | 481.10M | 459.60M | 476.10M | 486.70M | 488.60M | 499.00M | 507.70M | 519.00M | 512.50M | 536.00M | 652.30M | 741.10M | ||||||
| Selling, General & AdministrativeSG&A | 243.40M | 251.20M | 235.70M | 211.70M | 207.80M | 203.40M | 199.00M | 210.00M | 213.00M | 212.00M | 199.90M | 197.30M | 205.30M | 195.70M | 186.40M | 192.80M | 189.90M | 198.00M | 258.40M | 257.60M | ||||||
| Restructuring CostsRestructuring | 5.90M | 1.30M | 1.30M | 85.00M | 15.60M | 59.90M | 42.00M | 3.40M | 25.80M | 4.10M | 4.00M | 358.30M | -12.50M | -12.30M | 8.70M | 9.60M | 9.50M | 10.70M | -2.80M | |||||||
| Other Operating ExpensesOther Opex | 1.20M | 3.50M | 0.00 | |||||||||||||||||||||||
| Operating ExpensesOpex | 621.20M | 651.70M | 681.10M | 746.90M | 671.50M | 650.00M | 739.60M | 726.80M | 697.50M | 697.40M | 680.10M | 688.00M | 1,052.20M | 682.20M | 681.80M | 720.50M | 712.00M | 743.50M | 921.40M | 995.90M | ||||||
| Operating IncomeOp. Inc | -33.40M | 34.70M | 69.80M | 39.10M | 105.80M | 23.30M | -182.40M | -205.70M | -146.30M | -33.30M | -152.30M | -100.40M | -702.80M | 235.20M | 270.60M | 290.10M | 357.80M | 404.40M | 339.40M | 459.70M | ||||||
| EBIT | -33.40M | 34.70M | 69.80M | 39.10M | 105.80M | 23.30M | -182.40M | -205.70M | -146.30M | -33.30M | -152.30M | -100.40M | -702.80M | 235.20M | 270.60M | 290.10M | 357.80M | 404.40M | 339.40M | 459.70M | ||||||
| Non-operating items | ||||||||||||||||||||||||||
| Non Operating Interest Expenses | 35.40M | 35.00M | 36.30M | 39.80M | 45.20M | 49.30M | 52.70M | 53.80M | 52.60M | 52.60M | 48.80M | 48.40M | 47.20M | 45.00M | 48.70M | 51.90M | 51.20M | 50.80M | 52.80M | 61.60M | ||||||
| Interest & Investment IncomeInt & Inv Inc | 0.20M | 0.20M | 0.50M | 0.80M | 1.50M | 14.90M | 2.80M | 7.90M | 11.40M | -1.40M | 3.30M | 2.60M | -0.50M | 9.60M | ||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 1.00M | 2.20M | 5.20M | 3.70M | 3.20M | 0.30M | 0.30M | 6.30M | 9.70M | 4.40M | 3.30M | 2.60M | -0.50M | 9.60M | -6.00M | -4.50M | 1,908.80M | 28.00M | -203.30M | -19.80M | ||||||
| Non Operating IncomeNon Op. Inc. | -34.20M | -32.60M | -30.60M | -35.30M | -40.50M | -46.50M | -49.90M | -45.90M | -41.20M | -54.00M | -45.50M | -45.80M | -47.70M | -35.40M | -54.70M | -56.40M | 1,857.60M | -22.80M | -256.10M | -81.40M | ||||||
| Net income details | ||||||||||||||||||||||||||
| EBT | -67.60M | 2.10M | 39.20M | 3.80M | 65.30M | -23.20M | -232.30M | -251.60M | -187.50M | -87.30M | -197.80M | -146.20M | -750.50M | 199.80M | 215.90M | 233.70M | 2,215.40M | 381.60M | 83.30M | 378.30M | ||||||
| Tax ProvisionsTaxes | -5.00M | -4.10M | 204.90M | -0.50M | 52.00M | -7.80M | -63.40M | -44.10M | -23.20M | 305.40M | 17.80M | 47.10M | -74.20M | -0.40M | 38.00M | 38.90M | 314.10M | -14.50M | 48.80M | 70.30M | ||||||
| Profit After TaxPAT | -62.60M | 6.20M | -165.70M | 4.30M | 13.30M | -15.40M | -168.90M | -207.50M | -164.30M | -392.70M | -215.60M | -193.30M | -676.30M | 200.20M | 177.90M | 194.80M | 1,901.30M | 396.10M | 34.50M | 308.00M | ||||||
| Income from Continuing OperationsIncome (Continuing) | -62.60M | 6.20M | -165.70M | 4.30M | 13.30M | -15.40M | -168.90M | -207.50M | -164.30M | -392.70M | -215.60M | -193.30M | -676.30M | 200.20M | 177.90M | 194.80M | 1,901.30M | 396.10M | 34.50M | 308.00M | ||||||
| Consolidated Net IncomeConsol Net Inc. | -62.60M | 6.20M | -165.70M | 4.30M | 13.30M | -15.40M | -168.90M | -207.50M | -164.30M | -392.70M | -215.60M | -193.30M | -676.30M | 200.20M | 177.90M | 194.80M | 1,901.30M | 396.10M | 34.50M | 308.00M | ||||||
| Income towards Parent CompanyParent Net Inc | -62.60M | 6.20M | -165.70M | 4.30M | 13.30M | -15.40M | -168.90M | -207.50M | -164.30M | -392.70M | -215.60M | -193.30M | -676.30M | 200.20M | 177.90M | 194.80M | 1,901.30M | 396.10M | 34.50M | 308.00M | ||||||
| Net Income towards Common StockholdersNet Income | -62.60M | 6.20M | -165.70M | 4.30M | 13.30M | -15.40M | -168.90M | -207.50M | -164.30M | -392.70M | -215.60M | -193.30M | -676.30M | 200.20M | 177.90M | 194.80M | 1,901.30M | 396.10M | 34.50M | 308.00M | ||||||
| Additional items | ||||||||||||||||||||||||||
| EPS (Basic) | -0.08 | 0.01 | -0.20 | 0.01 | 0.02 | -0.02 | -0.20 | -0.24 | -0.19 | -0.46 | -0.25 | -0.22 | -0.78 | 0.23 | 0.21 | 0.23 | 2.22 | 0.46 | 0.04 | 0.34 | ||||||
| EPS (Diluted) | -0.08 | 0.01 | -0.20 | 0.01 | 0.02 | -0.02 | -0.20 | -0.24 | -0.19 | -0.46 | -0.25 | -0.22 | -0.78 | 0.23 | 0.20 | 0.22 | 2.20 | 0.46 | 0.04 | 0.33 | ||||||
| Shares Outstanding | 828.63M | 796.86M | 848.00M | 850.90M | 852.60M | 851.40M | 856.70M | 860.90M | 862.60M | 861.30M | 865.00M | 865.70M | 865.70M | 865.50M | 864.80M | 862.60M | 855.80M | 861.00M | 882.00M | 897.40M | ||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 828.63M | 796.86M | 848.00M | 857.90M | 858.40M | 851.40M | 856.70M | 860.90M | 862.60M | 861.30M | 865.00M | 865.70M | 865.70M | 865.50M | 875.60M | 870.40M | 863.70M | 869.70M | 893.30M | 921.20M | ||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 843.80M | 846.70M | 849.90M | 852.60M | 853.20M | 856.10M | 860.00M | 862.80M | 864.50M | 865.50M | 865.60M | 866.20M | 865.30M | 866.00M | 862.20M | 862.10M | 848.10M | 847.30M | 874.80M | 876.90M | ||||||
| EBITDA | -33.40M | 34.70M | 69.80M | 39.10M | 105.80M | 23.30M | -182.40M | -205.70M | -146.30M | -33.30M | -152.30M | -100.40M | -702.80M | 235.20M | 270.60M | 290.10M | 357.80M | 404.40M | 339.40M | 459.70M | ||||||
| Interest ExpensesInt Expense | 35.40M | 35.00M | 36.30M | 39.80M | 45.20M | 49.30M | 52.70M | 53.80M | 52.60M | 52.60M | 48.80M | 48.40M | 47.20M | 45.00M | 48.70M | 51.90M | 51.20M | 50.80M | 52.80M | 61.60M | ||||||
| Tax Rate | 7.40% | -195.24% | 522.70% | -13.16% | 79.63% | 33.62% | 27.29% | 17.53% | 12.37% | -349.83% | -9.00% | -32.22% | 9.89% | -0.20% | 17.60% | 16.65% | 14.18% | -3.80% | 58.58% | 18.58% |