Marvell Technology, Inc. Website

Marvell Technology, Inc.

NasdaqGS-MRVL

Income Statement
Jan '15
Jan '16
Jan '17
Feb '18
Feb '19
Feb '20
Jan '21
Jan '22
Jan '23
Feb '24
LTM

Total Revenues

2,699.2

2,968.9

4,462.4

5,919.6

5,507.7

5,278.9

Total Revenues % Chg.

-5.8%

10%

50.3%

32.7%

-7%

-6%

Cost of Goods Sold, Total

1,286.4

1,453.7

2,204.7

2,893.4

3,214.1

2,948.2

Gross Profit

1,412.8

1,515.2

2,257.7

3,026.2

2,293.6

2,330.7

Selling General & Admin Expenses, Total

453.6

467.2

892.6

843.6

834

822.2

R&D Expenses

1,080.4

1,072.7

1,424.2

1,784.3

1,896.2

1,903.5

Amortization of Goodwill and Intangible Assets

—

—

—

—

—

—

—

—

—

—

Other Operating Expenses, Total

1,534

1,539.9

2,316.8

2,627.9

2,730.2

2,725.7

Operating Income

-121.2

-24.7

-59.1

398.3

-436.6

-395

Interest Expense, Total

-85.6

-69.3

-139.3

-170.6

-211.7

-202.4

Interest And Investment Income

4.8

2.6

0.8

5.3

8.8

4

Net Interest Expenses

-80.8

-66.7

-138.5

-165.3

-202.9

-198.4

Currency Exchange Gains (Loss)

—

-2.8

—

—

—

—

—

Other Non Operating Income (Expenses)

3.7

2.9

2.7

12.4

11.9

11.9

EBT, Excl. Unusual Items

-201.2

-88.5

-194.9

245.4

-627.6

-581.5

Restructuring Charges

-55.3

-180.4

-31.6

-21.6

-131.1

-37.3

Merger & Related Restructuring Charges

—

—

—

—

-66.8

-17.3

-257

-38.7

—

—

Gain (Loss) On Sale Of Investments

—

—

—

—

—

—

Gain (Loss) On Sale Of Assets

—

—

—

—

1,121.7

—

—

—

—

—

Legal Settlements

—

—

—

—

-36

—

-100

—

—

EBT, Incl. Unusual Items

798.4

-322.2

-483.5

85.1

-758.7

-618.8

Income Tax Expense

-786

-44.9

-62.5

248.6

174.7

347.1

Earnings From Continuing Operations

1,584.4

-277.3

-421

-163.5

-933.4

-965.9

Earnings Of Discontinued Operations

—

—

—

—

—

—

—

Net Income

1,584.4

-277.3

-421

-163.5

-933.4

-965.9

Net Income to Common Incl Extra Items

1,584.4

-277.3

-421

-163.5

-933.4

-965.9

Net Income to Common Excl. Extra Items

1,584.4

-277.3

-421

-163.5

-933.4

-965.9

Total Shares Outstanding

663.5

675.4

846.7

856.1

865.5

866.2

Weighted Avg. Shares Outstanding

664.7

668.8

796.9

851.4

861.3

864.6

Weighted Avg. Shares Outstanding Dil

676.1

668.8

796.9

851.4

861.3

864.6

EPS

2.4

-0.4

-0.5

-0.2

-1.1

-1.1

EPS Diluted

2.3

-0.4

-0.5

-0.2

-1.1

-1.1

EBITDA

403.5

616.8

1,186.2

1,790.6

961.1

996.5

Effective Tax Rate

-98.5%

13.9%

12.9%

292.1%

-23%

-56.1%