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Marvell Technology, Inc. Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Marvell Technology, Inc. holds $26.9B in total assets. Shareholders' equity is $18.2B against $5.3B in total debt. Cash and equivalents total $3.8B. The current ratio is 3.28 and debt-to-equity is 0.290. Based on the Q2 2026 filing.

Total Assets$26.9BTotal Stockholders Equity$18.2BLong Term Debt$5.0BCash And Equivalents$3.8BTotal Current Assets$7.5BTotal Current Liabilities$2.3B
Latest FilingQ2 2026
Report Date2026-05-28
Market Cap$179.33B
P/E Ratio70.98
ROE16.03%

Current Liabilities

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Accounts payable$622.2M$562.7M$610.7M$633.7M$1.1B$709.7M
Accrued expenses$302.5M$68.1M$42.8M$66.3M$309.8M$231.5M
Accrued interest$43.5M$24.9M$48.6M$40.1M$45.7M$39.9M
Accrued Manufacturing Costs$302.5M$183.7M$210.8M$252.4M$309.8M$231.5M
Accrued Royalties (Current)$11.7M$19.1M$20.0M$25.2M$25.1M$28.7M
Other Commercial Liabilities$972.6M$939.8M$1.1B$1.4B$1.3B$1.3B
Accrued Income Taxes, Current$55.6M$78.0M$91.2M$333.6M$228.3M$192.6M
Accrued Liabilities, Current$972.6M$939.8M$1.1B$1.4B$1.3B$1.3B
Deferred income$22.1M$31.8M$41.3M$32.2M$40.1M$63.7M
Compensation and benefits$302.5M$183.7M$210.8M$252.4M$309.8M$231.5M
Current portion of long-term debt$129.5M$1.3B$499.3M$499.5M$499.8M$0.0
Deferred revenue$22.1M$31.8M$41.3M$32.2M$40.1M$63.7M
Income taxes payable$73.4M$76.5M$79.5M$117.8M$228.3M$192.6M
Operating lease liabilities, current$48.3M$50.2M$50.8M$53.6M$56.5M$54.5M
Restructuring Reserve$228.4M$89.1M$65.8M$64.5M$193.9M$184.8M
Short-term borrowings$129.5M$1.3B$499.3M$499.5M$499.8M$0.0
Short-Term Debt - Weighted-Average Interest Rate5.8%4.1%1.7%1.7%1.7%—
Total current liabilities$2.0B$2.9B$2.4B$2.7B$3.2B$2.3B

Current Assets

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Accounts receivable, net$1.0B$1.1B$1.5B$1.5B$2.2B$1.9B
Cash and cash equivalents$948.3M$885.9M$1.2B$2.7B$2.6B$3.8B
Finished goods$320.7M$332.4M$313.0M$249.0M$282.4M$234.4M
Finished goods$320.7M$332.4M$313.0M$249.0M$282.4M$234.4M
Work in process$709.0M$739.0M$738.6M$765.5M$1.1B$1.2B
Inventories$1.0B$1.1B$1.1B$1.0B$1.4B$1.4B
Prepaid expenses and other current assets$113.9M$148.1M$189.7M$237.2M$247.2M$347.8M
Total current assets$3.1B$3.8B$4.5B$5.5B$6.5B$7.5B

Equity

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Additional paid-in capital$14.5B$14.3B$14.3B$13.0B$13.0B$16.9B
Common stock1.7M1.7M1.7M1.7M1.7M1.3B
Common Stock Par Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00
Convertible Preferred Stock Authorized Shares————8M8M
Convertible Preferred Stock Issued Shares————02M
Convertible Preferred Stock Outstanding Shares————02M
Additional paid-in capital$14.5B$14.3B$14.3B$13.0B$13.0B$16.9B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$1.7M$1.7M$1.7M$1.7M$1.7M$1.8M
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding$0.0———$0.0$0.0
Preferred stock$0.0———$0.0$0.0
Preferred Stock Par Value Per Share————$0.00$0.00
Retained earnings-$1.1B-$983.1M-$840.0M$1.0B$1.4B$1.3B
Share Repurchase Authorization Limit—$2.2B$2.0B$5.7B—$5.3B
Share Repurchase Program - Amount Remaining—$2.2B$2.0B$5.7B—$5.3B
Total liabilities and stockholders' equity$20.2B$20.0B$20.6B$21.6B$22.3B$26.9B
Total stockholders' equity$13.4B$13.3B$13.4B$14.1B$14.3B$18.2B

Non-Current Liabilities

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Contingent Consideration Liability (Non-Current)————$0.0$647.6M
Debt Instrument Convertible Conversion Price—————$91.84
Debt Maturity - 2024—$298.4M$0.0$0.0—$0.0
Debt Maturity - 2027—$500.0M$500.0M$500.0M—$500.0M
Debt - Unamortized Discount (Premium) and Issuance Costs, Net$26.7M$25.1M$32.7M$31.0M$29.3M$38.6M
Long-term debt$3.9B$3.0B$4.0B$4.0B$4.0B$5.0B
Operating lease liabilities, non-current$231.0M$229.2M$258.3M$255.0M$263.2M$261.4M
Operating Lease Liabilities (Total)$279.3M———$319.7M—
Other non-current liabilities$816.4M$792.2M$797.4M$816.3M$785.6M$1.5B
Total Carrying Value of Debt$4.1B$4.3B$4.5B$4.5B$4.5B$5.0B
Total liabilities$6.8B$6.7B$7.2B$7.5B$8.0B$8.7B

Other

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Cumulative Cost Basis$2.0B$2.0B$2.1B$2.2B$2.3B$2.4B
Trade accounts receivable sold, subject to servicing—$279.5M$142.0M$100.3M—$295.8M
Income taxes payable – long-term$73.4M$76.5M$79.5M$117.8M$117.4M$119.8M
Accrued restructuring$91.5M$61.1M$57.5M$56.0M$55.1M$57.2M
Licensing Arrangements$11.7M$19.1M$20.0M$25.2M$25.1M$28.7M
Common stock, par value (in dollars per share)$0.0$0.0$0.0$0.0$0.0$0.0
Common stock, shares authorized (in shares)—————$1.3B
Technology license obligations$101.8M$101.4M$79.7M$77.9M$84.1M$100.0M
Technology license obligations$233.8M$214.6M$195.1M$176.2M$160.4M$145.2M
Long-term debt, gross$4.1B$4.3B$4.5B$4.5B$4.5B$5.0B
Deferred income taxes$33.8M$34.2M$33.3M$33.9M$20.5M$95.7M
Thereafter—$103.7M$103.7M$103.8M—$54.0M
Finite-Lived Intangible Assets, Accumulated Amortization$4.9B$5.1B$4.9B$5.1B$5.2B$5.4B
2028—$282.1M$282.1M$282.1M—$139.6M
2030—$106.8M$106.8M$106.8M—$60.8M
Remainder of 2026—$696.0M$452.3M$223.3M—$600.2M
2027—$811.3M$811.3M$811.3M—$292.7M
2029—$129.0M$129.0M$129.0M—$117.2M
Gross Carrying Amount$7.3B$7.3B$6.8B$6.8B$6.7B$6.7B
Indefinite- lived intangible impairment$7.6B$7.6B$7.1B$7.1B$7.0B$8.0B
2028—$0.0$0.0$0.0—$1.2B
2029—$1.2B$1.2B$1.2B—$500.0M
2030—$500.0M$500.0M$500.0M—$500.0M
2027—$959.4M$500.0M$500.0M—$0.0
Remainder of 2026—$298.4M$0.0$0.0—$0.0
Other accrued liabilities$68.5M$68.1M$42.8M$66.3M$88.4M$96.8M
Convertible preferred stock, shares issuable upon conversion (in shares)—————21.8M
Preferred Stock, Par or Stated Value Per Share————$0.0$0.0
Preferred Stock, Shares Authorized————$8.0M$8.0M
Preferred Stock, Shares Issued————$0.0$2.0M
Preferred Stock, Shares Outstanding————$0.0$2.0M
Prepaid ship and debits————$584.2M$572.4M
Restructuring Reserve$329.1M$309.0M$277.1M$267.4M$257.5M$247.4M
Severance accrual, current—$89.1M$65.8M$64.5M—$62.6M
Restructuring liability – non-current portion$228.4M$219.9M$211.3M$202.9M$193.9M$184.8M
Sale of stock, price per share (in dollars per share)—————$1000.00
Stock repurchase program, additional authorized amount——$5.0B$5.0B——
Share Repurchase Program, Authorized, Amount———$9.7B——
Share Repurchase Program, Remaining Authorized, Amount—$2.2B$2.0B$5.7B—$5.3B
Technology licenses$401.3M$376.3M$346.0M$316.6M$296.3M$280.6M
Variable consideration estimates$517.9M$493.0M$632.7M$650.5M$713.8M$702.2M
Remainder of Fiscal Year 2024—$298.4M$0.0$0.0—$0.0
Remainder of Fiscal Year 2025—$696.0M$452.3M$223.3M—$600.2M

Non-Current Assets

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Deferred tax assets$401.2M$34.2M$33.3M$33.9M$20.5M$95.7M
Deferred Tax Assets and Other Non-Current Assets$1.6B$1.5B$1.6B$1.8B$1.7B$1.7B
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)—$106.8M$106.8M$106.8M—$60.8M
Finite Lived Intangible Assets - Gross$7.3B$7.3B$6.8B$6.8B$6.7B$6.7B
Goodwill$11.6B$11.1B$11.1B$11.1B$11.1B$13.9B
Intangible Assets Gross (Excluding Goodwill)$7.6B$7.6B$7.1B$7.1B$7.0B$8.0B
Intangible assets, net$2.7B$2.1B$1.9B$1.7B$1.5B$1.3B
Net Investment in Lease$246.0M$246.3M$273.6M$272.4M$284.1M$283.7M
Deferred tax assets$401.2M$405.9M$409.9M$403.5M$345.9M$319.8M
Intangible assets — net$2.4B$2.1B$1.9B$1.7B$1.5B$1.3B
Other intangible assets—net$2.7B$2.5B$2.2B$2.0B$1.8B$2.6B
Operating lease right-of-use assets$246.0M$246.3M$273.6M$272.4M$284.1M$283.7M
Other non-current assets$1.6B$1.5B$1.6B$1.8B$1.7B$1.7B
Strategic investments$48.2M$48.6M$73.0M$128.4M$129.6M$140.1M
Property, plant and equipment at cost$2.0B$2.0B$2.1B$2.2B$2.3B$2.4B
Operating lease right-of-use assets$246.0M$246.3M$273.6M$272.4M——
Operating Lease Right-of-Use Assets in Other Assets$246.0M$246.3M$273.6M$272.4M$284.1M$283.7M
Other Investments$48.2M$48.6M$73.0M$128.4M$129.6M$140.1M
Other non-current assets$74.8M$70.9M$106.7M$119.6M$153.9M$203.3M
Accumulated depreciation$1.2B$1.3B$1.3B$1.4B$1.4B$1.5B
Prepaid Expenses, Non-Current$307.8M$310.5M$302.2M$293.6M$278.8M$263.1M
Property and equipment, net$790.5M$774.7M$794.5M$854.8M$935.0M$972.5M
Software and Technology Licenses, Net$1.6B$1.5B$1.6B$1.8B$1.7B$1.7B
Total assets$20.2B$20.0B$20.6B$21.6B$22.3B$26.9B