Marvell Technology, Inc. Income Statement

Income Statement Feb2020 Jan2021 Jan2022 Jan2023 Feb2024 Feb2025
Revenue & cost
Revenue 2,699.16M2,968.90M4,462.40M5,919.60M5,507.70M5,767.30M
Cost of Revenue 1,342.22M1,480.60M2,398.20M2,932.10M3,214.10M3,385.10M
Gross Profit 1,356.94M1,488.30M2,064.20M2,987.50M2,293.60M2,382.20M
Operating items
Research & Development 1,080.39M1,072.70M1,424.20M1,784.30M1,896.20M1,950.40M
Selling, General & Administrative 955.30M843.60M834.00M798.20M
Restructuring Costs 36.00M32.40M100.00M
Other Operating Expenses 519.91M638.00M21.60M131.10M353.90M
Operating Expenses 1,600.30M1,746.70M2,411.90M2,749.50M2,861.30M3,102.50M
Operating Income -243.36M-258.40M-347.70M238.00M-567.70M-720.30M
EBIT -243.36M-258.40M-347.70M238.00M-567.70M-720.30M
Non-operating items
Interest & Investment Income 4.82M2.60M0.80M17.70M20.70M15.00M
Other Non Operating Income 1,122.56M2.90M2.70M12.40M11.90M
Non Operating Income 1,122.56M-63.80M-135.80M-152.90M-191.00M-174.40M
Net income details
EBT 798.38M-322.20M-483.50M85.10M-758.70M-894.70M
Tax Provisions -786.01M-44.90M-62.50M248.60M174.70M-9.70M
Profit After Tax 1,584.39M-277.30M-421.00M-163.50M-933.40M-885.00M
Income from Continuing Operations 1,584.39M-277.30M-421.00M-163.50M-933.40M-885.00M
Consolidated Net Income 1,584.39M-277.30M-421.00M-163.50M-933.40M-885.00M
Income towards Parent Company 1,584.39M-277.30M-421.00M-163.50M-933.40M-885.00M
Net Income towards Common Stockholders 1,584.39M-277.30M-421.00M-163.50M-933.40M-885.00M
Additional items
EPS (Basic) 2.38-0.41-0.53-0.19-1.08-1.02
EPS (Weighted Average and Diluted) 2.34-0.41-0.53-0.19-1.08-1.02
Shares Outstanding (Weighted Average) 670.70M671.80M843.80M853.20M864.50M865.30M
Shares Outstanding (Diluted Average) 676.09M668.80M796.90M851.40M861.30M865.50M
EBITDA 1,584.39M-277.30M-421.00M-163.50M-567.70M-720.30M
Interest Expenses 85.63M11.40M139.30M170.60M211.70M189.40M
Tax Rate 13.94%12.93%1.08%