MRVL Q4 2023 Earnings — Marvell Technology, Inc. Revenue & Financial Results | Market Cap Arena

MRVLMarvell Technology, Inc.

$83B

Q4 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$1.4B+5.6% YoY

Gross Profit

$673M47.5% margin

Operating Income

$23M1.6% margin

Net Income

-$15M-1.1% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

-7.7%

Cash Flow

Operating Cash Flow

$352M

Free Cash Flow

$296M

Stock-Based Comp.

$131M

Balance Sheet

Total Assets

$22.5B

Total Liabilities

$6.9B

Stockholders' Equity

$15.6B

Cash & Equivalents

$911M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.3B	+5.6%
Gross Profit	$673M	$686M	-1.9%
Operating Income	$23M	$35M	-32.8%
Net Income	-$15M	$6M	-349.7%

Geographic Segments

CHINA

$545M44%

UNITED STATES

$171M14%

MALAYSIA

$113M9%

THAILAND

$103M8%

TAIWAN

$85M7%

SINGAPORE

$80M7%

JAPAN

$52M4%

Other Countries

$51M4%

PHILIPPINES

$30M2%