Marvell Technology
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Marvell Technology's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 7% to $5,507,700,000. Profit margin reached -17%. Total operating expenses were $2,730,200,000.
Profit Margin
| 2015 | 3.70B | 435.34M | 11.74% |
|---|---|---|---|
| 2016 | 2.72B | -811.4M | -29.77% |
| 2017 | 2.31B | 21.15M | 0.91% |
| 2018 | 2.40B | 520.83M | 21.62% |
| 2019 | 2.86B | -179.09M | -6.25% |
| 2020 | 2.69B | 1.58B | 58.7% |
| 2021 | 2.96B | -277.29M | -9.34% |
| 2022 | 4.46B | -421.03M | -9.44% |
| 2023 | 5.91B | -163.5M | -2.76% |
| 2024 | 5.50B | -933.4M | -16.95% |
MRVL Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 5.50B | 5.91B | 4.46B | 2.96B | 2.69B | 2.86B | 2.40B | 2.31B | 2.72B | 3.70B |
Cost of revenue | 3.21B | 2.93B | 2.39B | 1.48B | 1.34B | 1.40B | 947.23M | 1.02B | 1.49B | 1.84B |
Gross profit | 2.29B | 2.98B | 2.06B | 1.48B | 1.35B | 1.45B | 1.46B | 1.28B | 1.23B | 1.86B |
Operating exp. | ||||||||||
Research and development | 1.89B | 1.78B | 1.42B | 1.07B | 1.08B | 914.00M | 714.44M | 880.05M | 1.10B | 1.16B |
Selling and marketing | 0 | 700K | 800K | 600K | 800K | 424.36M | 238.16M | 118.31M | 130.79M | 143.95M |
Total operating expenses | 2.73B | 2.62B | 2.37B | 1.53B | 1.54B | 1.33B | 952.61M | 1.18B | 1.39B | 1.45B |
Operating income | -436.6M | 377.3M | -311.81M | -46.14M | 939.34M | 43.27M | 429.69M | 99.99M | -816.73M | 408.81M |
Other income (expenses), net | -322.1M | -152.9M | -171.68M | -276.02M | -140.95M | -76.23M | -79.63M | 17.02M | -654.66M | 23.33M |
Income before tax | -758.7M | 85.1M | -483.49M | -322.16M | 798.38M | -4.64M | 451.20M | 117.01M | -799.05M | 432.15M |
Income tax expense | 174.7M | 248.6M | -62.46M | -44.87M | -786.00M | 174.44M | 18.06M | 73.02M | 12.34M | -3.19M |
Net income | -933.4M | -163.5M | -421.03M | -277.29M | 1.58B | -179.09M | 520.83M | 21.15M | -811.4M | 435.34M |
Earnings per share | ||||||||||
Basic EPS | -1.08 | -0.19 | -0.53 | -0.41 | 2.38 | -0.3 | 1.05 | 0.04 | -1.59 | 0.85 |
Diluted EPS | -1.08 | -0.19 | -0.53 | -0.41 | 2.34 | -0.3 | 1.02 | 0.04 | -1.59 | 0.84 |
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