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Companies / Information Technology
MRVL

Marvell Technology

Semiconductors

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Business at a glance

Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work

Operating health71
Growth86
Profitability70
Cash generation54
Balance sheet89
Dilution control56
Key ratios and five-year financials
Latest quarter revenue YoY (2026-08-01)36.5%Revenue growth (FY)42.1%Revenue CAGR (3y)11.4%Gross margin51.0%Operating margin16.1%Net margin32.6%Free cash flow margin17.0%R&D / revenue25.3%Stock comp / revenue7.2%Net debt / operating cash flow1.33xCurrent ratio2.01Diluted share count change0.5%
Fiscal year endingFY 2022-01FY 2023-01FY 2024-02FY 2025-02FY 2026-01
Revenue$4.5B$5.9B$5.5B$5.8B$8.2B
Gross profit$2.1B$3.0B$2.3B$2.4B$4.2B
Operating income-$348M$238M-$568M-$720M$1.3B
Net income-$421M-$164M-$933M-$885M$2.7B
Operating cash flow$819M$1.3B$1.4B$1.7B$1.8B
Capital expenditure$169M$206M$336M$285M$354M
Free cash flow$650M$1.1B$1.0B$1.4B$1.4B
R&D$1.4B$1.8B$1.9B$2.0B$2.1B
Stock-based comp$461M$552M$610M$597M$591M
Buybacks$0$115M$150M$725M$2.0B
Dividends$191M$204M$207M$208M$205M
Cash$614M$911M$951M$948M$2.6B
Total debt$4.7B$5.7B$4.3B$4.2B$5.0B
Equity$15.7B$15.6B$14.8B$13.4B$14.3B

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