Marvell Technology balance sheet

At the end of fiscal 2026, Marvell Technology had total assets of $22.29bn, total liabilities of $7.98bn and shareholders' equity of $14.31bn. It held $2.64bn in cash against $4.47bn of debt: net debt of $1.83bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Marvell Technology: balance sheet, annual
Fiscal year	2020Feb 2020	2021Jan 2021	2022Jan 2022	2023Jan 2023	2024Feb 2024	2025Feb 2025	2026Jan 2026	LTMAug 2026
Cash and equivalents	0.6	0.7	0.6	0.9	1.0	0.9	2.6	3.9
Receivables	—	0.5	1.0	1.2	1.1	1.0	2.2	2.2
Inventory	—	0.3	0.7	1.1	0.9	1.0	1.4	1.4
Total current assets	—	1.6	2.5	3.3	3.1	3.1	6.5	7.9
Goodwill	—	5.3	11.5	11.6	11.6	11.6	11.1	13.9
Total assets	—	10.8	22.1	22.5	21.2	20.2	22.3	27.6
Accounts payable	—	0.3	0.5	0.5	0.4	0.6	1.1	0.8
Deferred revenue (current)	—	0.2	0.3	0.0	0.0	0.0	0.0	—
Total current liabilities	—	1.1	1.4	2.4	1.8	2.0	3.2	2.5
Short-term debt	—	0.2	0.1	0.6	0.1	0.1	0.5	0.0
Long-term debt	—	1.0	4.5	3.9	4.1	3.9	4.0	5.0
Total debt	—	1.2	4.5	4.5	4.2	4.1	4.5	5.0
Total liabilities	—	2.3	6.4	6.9	6.4	6.8	8.0	9.0
Shareholders' equity	8.7	8.4	15.7	15.6	14.8	13.4	14.3	18.5
Net debt (negative = net cash)	−0.6	0.4	3.9	3.6	3.2	3.1	1.8	1.1
Shares outstanding	—	675m	847m	856m	866m	866m	847m	—

US$ billions unless shown otherwise. Fiscal quarters.

Marvell Technology: balance sheet, quarterly
Quarter	2025 Q3Nov 2024	2025 Q4Feb 2025	2026 Q1May 2025	2026 Q2Aug 2025	2026 Q3Nov 2025	2026 Q4Jan 2026	2027 Q1May 2026	2027 Q2Aug 2026
Receivables	1.0	1.0	1.1	1.5	1.5	2.2	1.9	2.2
Inventory	0.9	1.0	1.1	1.1	1.0	1.4	1.4	1.4
Total current assets	2.8	3.1	3.8	4.5	5.5	6.5	7.5	7.9
Goodwill	11.6	11.6	11.1	11.1	11.1	11.1	13.9	13.9
Total assets	19.7	20.2	20.0	20.6	21.6	22.3	26.9	27.6
Accounts payable	0.5	0.6	0.6	0.6	0.6	1.1	0.7	0.8
Deferred revenue (current)	0.0	0.0	0.0	0.0	0.0	0.0	0.1	—
Total current liabilities	1.8	2.0	2.9	2.4	2.7	3.2	2.3	2.5
Short-term debt	0.1	0.1	1.3	0.5	0.5	0.5	0.0	0.0
Long-term debt	4.0	3.9	3.0	4.0	4.0	4.0	5.0	5.0
Total debt	4.1	4.1	4.2	4.5	4.5	4.5	5.0	5.0
Total liabilities	6.3	6.8	6.7	7.2	7.5	8.0	8.7	9.0
Shareholders' equity	13.4	13.4	13.3	13.4	14.1	14.3	18.2	18.5
Shares outstanding	—	866m	—	—	—	847m	—	—

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

Compare with peers

Head to head: JKS vs MRVL MRVL vs UMC MRVL vs STM

More: Semiconductors stocks compared, Technology sector, rankings of US companies

Figures from Marvell Technology's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Marvell Technology.