MRVL FY 2024 Earnings — Marvell Technology, Inc. Revenue & Financial Results | Market Cap Arena

MRVLMarvell Technology, Inc.

$83B

FY 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$5.5B-7.0% YoY

Gross Profit

$2.3B41.6% margin

Operating Income

-$568M-10.3% margin

Net Income

-$933M-16.9% margin

EPS (Diluted)

$-1.08

Cash Flow

Operating Cash Flow

$1.4B

Free Cash Flow

$1.0B

Stock-Based Comp.

$610M

Balance Sheet

Total Assets

$21.2B

Total Liabilities

$6.4B

Stockholders' Equity

$14.8B

Cash & Equivalents

$951M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.5B	$5.9B	-7.0%
Gross Profit	$2.3B	$3.0B	-23.2%
Operating Income	-$568M	$238M	-338.5%
Net Income	-$933M	-$164M	-470.9%