MRVL Q3 2022 Earnings — Marvell Technology, Inc. Revenue & Financial Results | Market Cap Arena

MRVLMarvell Technology, Inc.

$79B

Q3 2022 Earnings

Technology Semiconductors

Income Statement

Revenue

$1.2B+61.5% YoY

Gross Profit

$588M48.5% margin

Operating Income

-$33M-2.8% margin

Net Income

-$63M-5.2% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

+12.6%

Cash Flow

Operating Cash Flow

$265M

Free Cash Flow

$185M

Stock-Based Comp.

$119M

Balance Sheet

Total Assets

$22.0B

Total Liabilities

$6.3B

Stockholders' Equity

$15.7B

Cash & Equivalents

$524M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$750M	+61.5%
Gross Profit	$588M	$381M	+54.3%
Operating Income	-$33M	-$9M	-255.7%
Net Income	-$63M	-$23M	-173.3%

Geographic Segments

CHINA

$559M46%

Other Countries

$244M20%

UNITED STATES

$124M10%

THAILAND

$97M8%

JAPAN

$68M6%

MALAYSIA

$66M5%

PHILIPPINES

$53M4%