Geographic · Tax credit carryforwards
Other State — Tax credit carryforwards
Marvell Technology, Inc. Other State — Tax credit carryforwards increased by 11.8% to $48.20M in Q1 2025 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2025
How to read this metric
An increase represents a growing pool of potential tax savings, while a decrease reflects the successful application of these credits against tax liabilities.
Detailed definition
This metric tracks the accumulated tax credits earned in specific state jurisdictions that remain unused and are availab...
Peer comparison
Peer companies in the semiconductor industry frequently utilize state R&D tax credits, which are typically disclosed as part of the deferred tax asset valuation allowance analysis.
Metric ID:
mrvl_segment_other_state_tax_credit_carryforwardsHistorical Data
4 periods
| Q1 '22 | Q1 '23 | Q1 '24 | Q1 '25 | |
|---|---|---|---|---|
| Value | $33.20M | $33.20M | $43.10M | $48.20M |
| QoQ Change | — | +0.0% | +29.8% | +11.8% |
| YoY Change | — | +0.0% | +29.8% | +11.8% |
Range$33.20M – $48.20M
Avg YoY Growth+13.9%
Median YoY Growth+11.8%
Current Streak3+ quarters growth
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Frequently Asked Questions
- What is Marvell Technology, Inc.'s other state — tax credit carryforwards?
- Marvell Technology, Inc. (MRVL) reported other state — tax credit carryforwards of $48.20M in Q1 2025.
- What does other state — tax credit carryforwards mean?
- The total value of unused state tax credits that can be applied to reduce future state tax payments.