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Marvell Technology income statement

In fiscal 2026, Marvell Technology reported revenue of $8.19bn, up 42.1% on the year before, operating income of $1.32bn (a 16.1% margin) and net income of $2.67bn, or $3.07 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

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

Fiscal year2020Feb 20202021Jan 20212022Jan 20222023Jan 20232024Feb 20242025Feb 20252026Jan 2026LTMAug 2026
Revenue2,6992,9694,4625,9205,5085,7678,1959,450
Cost of revenue1,3421,4812,3982,9323,2143,3854,0144,516
Gross profit1,3571,4882,0642,9882,2942,3824,1814,934
Research and development1,0801,0731,4241,7841,8961,9502,0752,442
Selling, general and administrative——955844834798767904
Selling and marketing465467——————
Operating income−243−258−348238−568−7201,3231,561
Interest expense8669139171212189203216
Income before tax798−322−48485−759−8953,047—
Income tax−786−45−63249175−10377419
Net income1,584−277−421−164−933−8852,6702,640
Diluted EPS$2.34−$0.41−$0.53−$0.19−$1.08−$1.02$3.07$2.98
Diluted shares (average)676m669m797m851m861m866m870m887m
EBITDA−87−61−82543−420−5431,545—

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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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.