Marvell Technology, Inc. FY2024 income statement | sankey.it

MRVLFY2024

Marvell Technology, Inc.

USD, fiscal year ended 2024-01-31

Operating Expenses: Actual operating expenses was $2.9B, a $567.7M shortfall not covered by this flow · R&D 34% | SG&A 15% of revenue

Revenue

$5.5B-7%

Gross margin

41.6%-8.8 pts

Operating margin

-10.3%-14 pts

Net margin (loss)

-16.9%-14 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	FY2024	YoY
Revenue	$5,507,700,000	-7%
Cost of revenue	$3,214,100,000	+9.6%
Gross profit	$2,293,600,000	-23%
Operating expenses	$2,861,300,000	+4.1%
Operating income	-$567,700,000	-339%
Other income/expense, net	-$191,000,000	-25%
Income before tax	-$758,700,000

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