Marvell Technology, Inc.
Description
Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality. It offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches; single or multiple core processors; and custom application specific integrated circuits. The company also provides electro-optical products, including pulse amplitude modulations, coherent digital signal processors, laser drivers, trans-impedance amplifiers, silicon photonics, and data center interconnect solutions; fibre channel products comprising host bus adapters and controllers; storage controllers for hard disk drives and solid-state-drives; and host system interfaces, including serial attached SCSI, serial advanced technology attachment, peripheral component interconnect express, non-volatile memory express (NVMe), and NVMe over fabrics. It has operations in the United States, Argentina, China, India, Israel, Japan, Singapore, South Korea, Taiwan, and Vietnam. Marvell Technology, Inc. was incorporated in 1995 and is headquartered in Wilmington, Delaware.
About
CEO
Mr. Matthew J. Murphy
Employees
6,511
Instrument type
Common Stock
Sector
Technology
Industry
Semiconductors
MIC code
XNGS
Address
1000 North West Street, Wilmington, DE 19801, United States
×
![Enlarged Chart]()
Oscillators
Invalid data format
Summary
Invalid data format
Moving Averages
Invalid data format
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Dec 1, 2025 | — | — | — | — |
| Aug 27, 2025 | — | — | — | — |
| May 29, 2025 | — | — | — | — |
| Mar 6, 2025 | — | — | — | — |
| Dec 4, 2024 | 0.41 | 0.43 | 0.02 | 4.88% |
Earnings estimate
|
Current Quarter
(Jan 2025)
|
Next Quarter
(Apr 2025)
|
Current Year
(Jan 2025)
|
Next Year
(Jan 2026)
|
|
|---|---|---|---|---|
| Number of analysts | 31 | 30 | 35 | 35 |
| Average estimate | 0.59 | 0.60 | 1.56 | 2.79 |
| Low estimate | 0.50 | 0.54 | 1.47 | 2.54 |
| High estimate | 0.62 | 0.68 | 1.61 | 3.25 |
| Last year EPS | 0.46 | 0.24 | 1.51 | 1.56 |
[stock_revenue_estimate]
Growth estimates
Current qtr (Jan 2025)
28.270%
Next qtr. (Apr 2025)
150.030%
Current year (Jan 2025)
3.140%
Next year (Jan 2026)
79.230%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 |
| Total reported revenue | 5.51B | 5.92B | 4.46B | 2.97B | 2.70B |
| Cost of revenue | 3.21B | 2.93B | 2.40B | 1.48B | 1.34B |
| Gross profit | 2.29B | 2.99B | 2.06B | 1.49B | 1.36B |
| Operating expense | |||||
| Research & development | 1.90B | 1.78B | 1.42B | 1.07B | 1.08B |
| Selling general and admin | 834.00M | 843.60M | 955.30M | 467.20M | 464.58M |
| Other operating expenses | — | — | — | — | — |
| Operating income | -436.60M | 359.60M | -315.30M | -51.60M | -188.03M |
| Non operating interest income | |||||
| Income | 8.80M | 5.30M | 800,000 | 2.60M | 4.82M |
| Expense | 211.70M | 170.60M | 139.30M | 69.30M | 85.63M |
| Other income expense | -119.20M | -109.20M | -29.70M | -203.90M | 1.07B |
| Pretax income | -758.70M | 85.10M | -483.50M | -322.20M | 798.38M |
| Tax provision | 174.70M | 248.60M | -62.50M | -44.90M | -786.01M |
| Net income | -933.40M | -163.50M | -421.00M | -277.30M | 1.58B |
| Basic EPS | -1.08 | -0.19 | -0.53 | -0.41 | 2.38 |
| Diluted EPS | -1.08 | -0.19 | -0.53 | -0.41 | 2.34 |
| Basic average shares | 861.30M | 851.40M | 796.86M | 668.77M | 664.71M |
| Diluted average shares | 861.30M | 851.40M | 796.86M | 668.77M | 664.71M |
| EBITDA | 981.80M | 1.77B | 933.50M | 595.40M | 345.19M |
| Net income from continuing op. | -933.40M | -163.50M | -421.00M | -277.30M | 1.58B |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-01-31 | 2023-01-31 | 2022-01-31 | 2021-01-31 | 2020-01-31 |
| Total assets | 21.23B | 22.52B | 22.11B | 10.76B | 11.13B |
| Current assets | |||||
| Cash | 948.20M | 760.30M | 435.90M | 633.82M | 513.07M |
| Cash equivalents | 2.60M | 150.70M | 177.60M | 114.65M | 134.53M |
| Cash and cash equivalents | 950.80M | 911.00M | 613.50M | 748.47M | 647.60M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 1.12B | 1.19B | 1.05B | 536.67M | 492.35M |
| Other receivables | — | — | — | — | — |
| Inventory | 864.40M | 1.07B | 720.30M | 268.23M | 322.98M |
| Prepaid assets | — | — | 111.00M | 63.78M | 74.57M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 125.90M | 109.60M | 111.00M | 63.78M | 74.57M |
| Non current assets | |||||
| Properties | 203.60M | 211.30M | 435.60M | 385.94M | 395.99M |
| Land and improvements | 312.40M | 306.20M | — | — | — |
| Machinery furniture equipment | 1.52B | 1.23B | 1.03B | 824.47M | 811.55M |
| Construction in progress | — | — | — | — | — |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -1.08B | -958.10M | -865.40M | -782.88M | -739.54M |
| Goodwill | 27.53B | 28.72B | 29.67B | 13.19B | 13.72B |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 4.35B | 5.54B | 6.64B | 2.51B | 3.04B |
| Investments and advances | 45.80M | 36.10M | 30.70M | 7.65M | — |
| Other non current assets | 368.70M | 524.20M | 554.50M | 731.04M | 672.74M |
| Total liabilities | 6.40B | 6.88B | 6.41B | 2.33B | 2.45B |
| Current liabilities | |||||
| Accounts payable | 411.30M | 465.80M | 461.50M | 252.42M | 213.75M |
| Accrued expenses | 834.30M | 762.60M | 442.40M | 297.36M | 138.99M |
| Short term debt | 146.70M | 628.20M | 101.40M | 232.10M | 28.66M |
| Deferred revenue | 64.90M | 65.20M | 110.20M | 53.45M | 168.24M |
| Tax payable | 17.80M | 118.40M | 23.30M | 2.25M | 6.13M |
| Pensions | 262.70M | 244.50M | 241.30M | 189.42M | 149.78M |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 4.25B | 4.11B | 4.63B | 1.10B | 1.55B |
| Provision for risks and charges | 56.60M | 28.50M | 35.00M | 22.53M | 37.98M |
| Deferred liabilities | 58.70M | 64.20M | 34.50M | 22.36M | 31.23M |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 213.00M | 296.20M | 323.30M | 109.55M | 120.47M |
| Shareholders equity | |||||
| Common stock | 1.70M | 1.70M | 1.70M | 1.35M | 1.33M |
| Retained earnings | -16.70M | 1.12B | 1.49B | 2.10B | 2.54B |
| Other shareholders equity | 1.10M | — | — | — | — |
| Total shareholders equity | 14.83B | 15.64B | 15.70B | 8.44B | 8.68B |
| Additional paid in capital | 14.85B | 14.51B | 14.21B | 6.33B | 6.14B |
| Treasury stock | — | — | — | — | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||
| Net Income | -933.40M | -163.50M | -421.00M | -277.30M | 1.58B | -179.09M | 520.83M | 21.15M | -811.40M | 435.35M | 315.32M | 306.59M | 615.09M | 904.13M | 353.46M | 147.24M | -114.43M | -12.10M | 331.36M | 141.66M | 45.51M | -72.17M | -415.15M | -235.12M | 13.07M |
| Depreciation | 1.40B | 1.39B | 1.25B | 641.50M | 524.74M | 307.30M | 87.06M | 118.49M | 112.86M | 124.59M | 146.76M | 143.73M | 137.81M | 172.73M | 206.75M | 266.15M | 261.55M | 187.15M | 150.65M | 127.33M | 119.02M | 137.52M | 449.72M | 21.00M | 3.83M |
| Deferred Taxes | 150.80M | 50.40M | -93.90M | -39.50M | -785.16M | 118.65M | 19.83M | 44.64M | 6.10M | -12.91M | 3.92M | 7.03M | -3.25M | 4.11M | 13.36M | -17.47M | -13.78M | -2.22M | -996,000 | -4.42M | — | -3.73M | -5.48M | -1.69M | -614,000 |
| Stock-Based Compensation | 609.80M | 552.40M | 460.70M | 241.50M | 242.21M | 184.06M | 86.69M | 113.97M | 133.78M | 137.25M | 155.87M | 127.28M | 119.86M | 118.41M | 126.60M | 177.13M | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | 54.90M | 101.40M | 284.90M | 52.30M | 89.04M | 238.88M | -925,000 | 7,000 | 10.31M | -1.80M | 6.68M | 7.39M | 15.19M | 7.58M | -3.27M | -15.36M | 121.44M | 269.03M | — | — | — | — | — | — | — |
| Accounts Receivable | 70.60M | -142.70M | -409.00M | -44.30M | 11.24M | -99.04M | 54.99M | -12.08M | 97.66M | 34.17M | -123.26M | 77.03M | 54.55M | -102.61M | -134.70M | 109.92M | -1.76M | -83.10M | -44.21M | -64.44M | -50.15M | -42.63M | -4.61M | -9.25M | -9.20M |
| Accounts Payable | -149.10M | -87.80M | 93.20M | 39.70M | 1.66M | -6.49M | -16.61M | -28.15M | -105.90M | -43.87M | 39.79M | -24.30M | -47.10M | 42.46M | 142.00M | -88.80M | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | 220.20M | -383.40M | -262.30M | 69.50M | 33.35M | -42.25M | -24.10M | 61.41M | 44.85M | 89.39M | -101.38M | 83.24M | -129.88M | 34.32M | 156.26M | 66.41M | -157.74M | 13.17M | 22.90M | 7.97M | -36.64M | 6.82M | 27.11M | -1.43M | 3.60M |
| Operating Cash Flow | 1.42B | 1.32B | 897.90M | 683.40M | 1.70B | 522.01M | 727.76M | 319.43M | -511.75M | 762.15M | 443.70M | 727.98M | 762.29M | 1.18B | 860.46M | 645.23M | 95.28M | 371.93M | 459.71M | 208.10M | 77.73M | 25.81M | 51.59M | -226.49M | 10.68M |
| Investing Activities | |||||||||||||||||||||||||
| Capital Expenditures | -336.30M | -206.20M | -169.20M | -106.80M | -81.92M | -32.40M | -25.99M | -44.51M | -37.49M | -63.03M | -66.59M | -68.19M | -88.78M | -90.17M | -39.81M | -73.24M | -131.52M | -188.73M | -99.50M | -45.76M | -95.24M | -28.78M | -24.62M | -12.16M | -6.81M |
| Net Intangibles | -13.90M | -11.10M | -17.70M | -12.70M | -4.71M | -11.54M | -6.59M | -10.31M | -8.24M | -16.42M | -17.65M | -35.00M | -13.82M | -23.14M | -15.60M | -5.20M | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | -112.30M | -3.56B | — | 627.70M | -2.65B | 2.40M | — | -41,000 | 12.52M | 1.89M | -9.75M | -97.92M | -20.25M | — | -5.29M | -19.99M | -901.90M | -186.40M | -69,000 | -1.15M | 1.10M | -29.45M | 68.54M | — |
| Purchase of Investments | — | — | — | — | — | -39.96M | -1.14B | -764.86M | -1.06B | -1.13B | -837.89M | -1.54B | -1.85B | -1.26B | -806.98M | -10.17M | -263.21M | -266.94M | -712.91M | -435.36M | -226.48M | -112.85M | -118.73M | — | — |
| Sale of Investments | — | — | — | — | 18.83M | 986.88M | 1.03B | 981.25M | 1.30B | 826.31M | 995.04M | 1.84B | 1.46B | 868.76M | 118.36M | 29.18M | 230.91M | 812.83M | 631.26M | 149.29M | 155.64M | 85.17M | 27.78M | — | — |
| Investing Cash Flow | -336.60M | -317.30M | -3.73B | -106.90M | 563.56M | -1.74B | -119.83M | 171.90M | 209.93M | -352.52M | 92.44M | 213.82M | -576.23M | -506.19M | -728.43M | -59.52M | -185.15M | -544.73M | -367.55M | -348.13M | -168.03M | -54.67M | -151.59M | 56.38M | -6.81M |
| Financing Activities | |||||||||||||||||||||||||
| Long-Term Debt Issuance | 1.30B | 200.00M | 3.90B | — | 950.00M | 1.89B | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | -1.62B | -265.60M | -708.00M | -250.00M | -1.25B | -756.13M | — | — | — | — | — | — | -511,000 | -1.94M | -1.79M | -397.21M | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | -395.40M | -369.20M | -290.80M | -247.60M | -177.38M | -135.65M | -69.72M | -37.61M | -36.86M | -39.36M | -18.26M | -10.04M | -8.02M | -8.51M | 677,000 | 365,000 | 278,000 | 889,000 | — | — | — | — | — | — | — |
| Financing Cash Flow | -1.08B | -754.20M | 2.71B | -683.40M | -1.00B | 748.78M | -716.55M | -341.47M | -420.56M | -227.12M | -514.00M | -1.05B | -1.35B | 68.02M | 110.54M | -304.20M | 66.18M | 46.53M | 163.13M | 131.68M | 86.54M | 22.23M | 32.27M | -480,000 | 6.87M |
| Other Cash Details | |||||||||||||||||||||||||
| End Cash Position | 950.80M | 911.00M | 613.50M | 748.50M | 647.60M | 582.41M | 888.48M | 814.09M | 1.28B | 1.21B | 965.75M | 751.95M | 784.90M | 1.85B | 1.11B | 927.41M | 615.65M | 568.01M | 348.43M | 166.47M | 173.97M | 112.21M | 114.48M | 184.13M | 16.60M |
| Income Tax Paid | 120.60M | 95.90M | 7.90M | 14.20M | — | — | 11.40M | 17.03M | 13.36M | 15.73M | 9.39M | 16.81M | 14.10M | 12.24M | 4.84M | 17.23M | — | — | — | — | — | — | — | — | — |
| Interest Paid | 173.70M | 147.90M | 91.20M | 54.60M | — | — | 746,000 | 363,000 | 703,000 | 1.17M | 1.87M | 563,000 | 722,000 | 144,000 | 297,000 | 20.79M | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 1.02B | 1.07B | 632.40M | 697.80M | 273.66M | 509.28M | 525.98M | -413.25M | 149.62M | 649.48M | 363.80M | 625.85M | 668.65M | 1.08B | 756.10M | 602.24M | 40.72M | 148.59M | 302.80M | 175.77M | 54.57M | 12.04M | 25.40M | 31,000 | 5.83M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 27,439,565 | 3.01B | 3.17% |
| Fidelity Blue Chip Growth Fund | Nov 30, 2024 | 25,403,410 | 2.79B | 2.94% |
| Invesco ETF Tr-Invesco QQQ Tr, Series 1 ETF | Nov 30, 2024 | 17,216,854 | 1.89B | 1.99% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 12,926,588 | 1.42B | 1.49% |
| Fidelity Select Portfolios - Semiconductors Portfolio | Nov 30, 2024 | 12,897,858 | 1.41B | 1.49% |
| Price (T.Rowe) Mid Cap Growth Fund | Sep 30, 2024 | 12,268,800 | 1.35B | 1.42% |
| Fidelity OTC Portfolio | Nov 30, 2024 | 10,539,254 | 1.16B | 1.22% |
| Vanguard Growth Index Fund | Sep 30, 2024 | 9,202,678 | 1.01B | 1.06% |
| Vanguard Mid-Cap Index Fund | Sep 30, 2024 | 9,164,402 | 1.01B | 1.06% |
| Fidelity Select Portfolios - Technology | Nov 30, 2024 | 8,256,660 | 905.67M | 0.95% |
Article
Forget DeepSeek, Buy 5 Stocks to Tap Robust AI-Infrastructure Spending
Five U.S.-based AI infrastructure developers have strong potential to tap robust spending by big techs. These are: NVDA, AVGO, CEG, MRVL, INOD.
Feb 10, 2025
Video
NVDA & MRVL Will Stay Tech Winners; QCOM & GOOGL After Earnings
Chris Versace gives his takeaways from Qualcomm (QCOM) earnings. He's looking for more adoption of A.I.
Feb 8, 2025
Article
AI Chip Stocks Rise On Latest Data Center Spending Plans
Leading AI chip stocks got a lift this week from hyperscale cloud computing companies reiterating their hefty data center spending plans. The post AI Chip Stocks Rise On Latest Data Center Spending Plans appeared first on Investor's Business Daily.
Feb 7, 2025
