Marvell Technology, Inc. FY2023 income statement | sankey.it

MRVLFY2023

Marvell Technology, Inc.

USD, fiscal year ended 2023-01-31

Operating Expenses: R&D 30% | SG&A 14% of revenue

Tax: Actual tax was $248.6M, a $163.5M shortfall not covered by this flow

Revenue

$5.9B+33%

Gross margin

50.5%+4.2 pts

Operating margin

4.0%+12 pts

Net margin (loss)

-2.8%+6.7 pts

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Revenue segments

No segment breakdown available for this filing - the flow shows revenue narrowing straight into cost and profit.

Period history

Revenue, by year

Income statement

Line	FY2023	YoY
Revenue	$5,919,600,000	+33%
Cost of revenue	$2,932,100,000	+22%
Gross profit	$2,987,500,000	+45%
Operating expenses	$2,749,500,000	+14%
Operating income	$238,000,000	+168%
Other income/expense, net	-$152,900,000	-13%
Income before tax	$85,100,000

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Fiscal period end: January 31, 2023
Source: Financial Modeling Prep, via the DATA project
Diagram generated: September 3, 2026