Marvell Technology, Inc. income statement & cash flow
In the fiscal year ended Jan 31, 2026, Marvell Technology, Inc. reported net income of $2.67B on revenue of $8.19B. Operating cash flow was $1.75B and capital expenditures were $354.10M, leaving $1.40B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Feb 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Feb 2024 | Feb 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | $2.70B | $2.97B | $4.46B | $5.92B | $5.51B | $5.77B | $8.19B |
| Gross profit | $1.36B | $1.49B | $2.06B | $2.99B | $2.29B | $2.38B | $4.18B |
| Operating income | −$243.36M | −$258.40M | −$347.70M | $238.00M | −$567.70M | −$720.30M | $1.32B |
| Net income | $1.58B | −$277.30M | −$421.00M | −$163.50M | −$933.40M | −$885.00M | $2.67B |
| Diluted EPS | $2.34 | −$0.41 | −$0.53 | −$0.19 | −$1.08 | −$1.02 | $3.07 |
| Operating cash flow | $360.30M | $817.30M | $819.30M | $1.29B | $1.37B | $1.68B | $1.75B |
| Capital expenditures | $81.92M | $106.80M | $169.20M | $206.20M | $336.30M | $284.60M | $354.10M |
| Reported in | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Jan 2026 | 51.0% | 16.1% | 32.6% |
| Feb 2025 | 41.3% | -12.5% | -15.3% |
| Feb 2024 | 41.6% | -10.3% | -16.9% |
| Jan 2023 | 50.5% | 4.0% | -2.8% |
| Jan 2022 | 46.3% | -7.8% | -9.4% |
Source: SEC EDGAR XBRL company facts for CIK 1835632 (raw data). Most recent filing in this dataset: 10-Q filed Aug 28, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.