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Marvell Technology, Inc. Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Marvell Technology, Inc. holds $22.3B in total assets. Shareholders' equity is $14.3B against $5.3B in total debt. Cash and equivalents total $2.6B. The current ratio is 2.01 and debt-to-equity is 0.370. Based on the Q1 2026 filing.

Total Assets$22.3BTotal Stockholders Equity$14.3BLong Term Debt$4.0BCash And Equivalents$2.6BTotal Current Assets$6.5BTotal Current Liabilities$3.2B
Latest FilingQ1 2026
Report Date2026-03-11
Market Cap$171.90B
P/E Ratio64.38
ROE19.25%

Equity

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Accelerated Share Repurchase Settlement Payment or Receipt———-$1.0B——
Additional paid-in capital$14.6B$14.5B$14.3B$14.3B$13.0B$13.0B
Accumulated other comprehensive income (loss)-$300.0K$400.0K-$100.0K$600.0K$400.0K$0.0
Common stock$1.7M$1.7M$1.7M$1.7M$1.7M$1.7M
Common Stock Par Value Per Share$0.00$0.00$0.00$0.00$0.00—
Additional paid-in capital$14.6B$14.5B$14.3B$14.3B$13.0B$13.0B
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$1.7M
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding—$0.0———$0.0
Preferred stock—$0.0———$0.0
Retained earnings-$1.3B-$1.1B-$983.1M-$840.0M$1.0B$1.4B
Share Repurchase Authorization Limit$2.8B—$2.2B$2.0B$5.7B—
Share Repurchase Program - Amount Remaining$2.8B—$2.2B$2.0B$5.7B—
Total liabilities and stockholders' equity$19.7B$20.2B$20.0B$20.6B$21.6B$22.3B
Total stockholders' equity$13.4B$13.4B$13.3B$13.4B$14.1B$14.3B
Warrants and Rights Outstanding—4.2M————

Current Liabilities

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Accounts payable$538.1M$622.2M$562.7M$610.7M$633.7M$1.1B
Accrued expenses$36.6M$302.5M$68.1M$42.8M$66.3M$309.8M
Accrued interest$22.7M$43.5M$24.9M$48.6M$40.1M—
Accrued Manufacturing Costs$270.9M$302.5M$183.7M$210.8M$252.4M$309.8M
Accrued Royalties (Current)—$11.7M$19.1M$20.0M$25.2M—
Other Commercial Liabilities$825.2M$972.6M$939.8M$1.1B$1.4B$1.3B
Accrued Income Taxes, Current$33.4M$55.6M$78.0M$91.2M$333.6M—
Accrued Liabilities, Current$825.2M$972.6M$939.8M$1.1B$1.4B$1.3B
Deferred income$34.5M$22.1M$31.8M$41.3M$32.2M—
Compensation and benefits$270.9M$302.5M$183.7M$210.8M$252.4M$309.8M
Current portion of long-term debt$129.4M$129.5M$1.3B$499.3M$499.5M$499.8M
Deferred revenue$34.5M$22.1M$31.8M$41.3M$32.2M—
Income taxes payable$72.0M$73.4M$76.5M$79.5M$117.8M—
Operating lease liabilities, current$43.2M$48.3M$50.2M$50.8M$53.6M$56.5M
Professional Service Fees Payable$1.1M$11.7M$12.2M$13.9M$15.7M—
Restructuring Reserve$128.8M$228.4M$89.1M$65.8M$64.5M—
Short-term borrowings$129.4M$129.5M$1.3B$499.3M$499.5M$499.8M
Short-Term Debt - Weighted-Average Interest Rate6.2%5.8%4.1%1.7%1.7%—
Total current liabilities$1.8B$2.0B$2.9B$2.4B$2.7B$3.2B

Current Assets

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Accounts receivable, net$997.9M$1.0B$1.1B$1.5B$1.5B$2.2B
Cash and cash equivalents$868.1M$948.3M$885.9M$1.2B$2.7B$2.6B
Finished goods$215.5M$320.7M$332.4M$313.0M$249.0M—
Derivative Assets - Not Designated as Hedging Instruments—$500.0K$400.0K$1.2M$600.0K—
Finished goods$215.5M$320.7M$332.4M$313.0M$249.0M—
Work in process$643.9M$709.0M$739.0M$738.6M$765.5M—
Inventories$859.4M$1.0B$1.1B$1.1B$1.0B$1.4B
Prepaid expenses and other current assets$91.4M$113.9M$148.1M$189.7M$237.2M$247.2M
Total current assets$2.8B$3.1B$3.8B$4.5B$5.5B$6.5B

Other

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Cumulative Cost Basis$2.0B$2.0B$2.0B$2.1B$2.2B—
Accelerated Share Repurchases Settlement Payment Or Receipt———-$1.0B——
Trade accounts receivable sold, subject to servicing$284.3M—$279.5M$142.0M$100.3M—
Income taxes payable – long-term$72.0M$73.4M$76.5M$79.5M$117.8M—
Professional service fees$1.1M$11.7M$12.2M$13.9M$15.7M—
Accrued restructuring$120.8M$91.5M$61.1M$57.5M$56.0M—
Licensing Arrangements—$11.7M$19.1M$20.0M$25.2M—
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1—$87.77————
Warrant shares vested (in shares)——100K400K400K—
Common stock, par value (in dollars per share)$0.0$0.0$0.0$0.0$0.0—
Technology license obligations$47.7M$101.8M$101.4M$79.7M$77.9M—
Technology license obligations$37.0M$233.8M$214.6M$195.1M$176.2M—
Long-term debt, gross$4.1B$4.1B$4.3B$4.5B$4.5B—
Deferred income taxes$46.3M$33.8M$34.2M$33.3M$33.9M—
Thereafter$210.6M—$103.7M$103.7M$103.8M—
Finite-Lived Intangible Assets, Accumulated Amortization$4.8B$4.9B$5.1B$4.9B$5.1B—
2028$811.3M—$282.1M$282.1M$282.1M—
2030$129.0M—$106.8M$106.8M$106.8M—
Remainder of 2026$247.0M—$696.0M$452.3M$223.3M—
2027$941.7M—$811.3M$811.3M$811.3M—
2029$282.1M—$129.0M$129.0M$129.0M—
Gross Carrying Amount$7.4B$7.3B$7.3B$6.8B$6.8B—
Indefinite- lived intangible impairment$7.7B$7.6B$7.6B$7.1B$7.1B—
2028$959.4M—$0.0$0.0$0.0—
2029$0.0—$1.2B$1.2B$1.2B—
2030$1.2B—$500.0M$500.0M$500.0M—
2027$131.2M—$959.4M$500.0M$500.0M—
Remainder of 2026$32.8M—$298.4M$0.0$0.0—
Thereafter$1.8B—$1.3B$2.3B$2.3B—
Other accrued liabilities$36.6M$68.5M$68.1M$42.8M$66.3M—
Other financial assets$500.0K$600.0K————
Prepaid ship and debits$385.7M$516.9M$439.8M$498.1M$637.1M—
Restructuring Reserve$365.7M$329.1M$309.0M$277.1M$267.4M—
Severance accrual, current$128.8M—$89.1M$65.8M$64.5M—
Restructuring liability – non-current portion$236.9M$228.4M$219.9M$211.3M$202.9M—
Stock repurchase program, additional authorized amount———$5.0B——
Share Repurchase Program, Remaining Authorized, Amount$2.8B—$2.2B$2.0B$5.7B—
Technology licenses$164.0M$401.3M$376.3M$346.0M$316.6M—
Variable consideration estimates$468.3M$517.9M$493.0M$632.7M$650.5M—
Warrants And Rights Outstanding—$227.6M————
Remainder of Fiscal Year 2024$32.8M—$298.4M$0.0$0.0—
Remainder of Fiscal Year 2025$247.0M—$696.0M$452.3M$223.3M—

Non-Current Liabilities

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Debt Maturity - 2024$32.8M—$298.4M$0.0$0.0—
Debt Maturity - 2027$1.2B—$500.0M$500.0M$500.0M—
Debt - Unamortized Discount (Premium) and Issuance Costs, Net$28.4M$26.7M$25.1M$32.7M$31.0M—
Long-term debt$4.0B$3.9B$3.0B$4.0B$4.0B$4.0B
Operating lease liabilities, non-current$203.2M$231.0M$229.2M$258.3M$255.0M—
Operating Lease Liabilities (Total)—$279.3M———$319.7M
Other non-current liabilities$613.6M$816.4M$792.2M$797.4M$816.3M$785.6M
Total Carrying Value of Debt$4.1B$4.1B$4.3B$4.5B$4.5B—
Total liabilities$300.0K$6.8B$6.7B$7.2B$7.5B$8.0B

Non-Current Assets

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Deferred tax assets$46.3M$401.2M$34.2M$33.3M$33.9M$345.9M
Deferred Tax Assets and Other Non-Current Assets$1.2B$1.6B$1.5B$1.6B$1.8B$1.7B
Equity Securities (FV-NI) - Non-Current—$15.6M$10.1M$14.4M$15.8M—
Equity Securities (Non-Current)—$15.6M$10.1M$14.4M$15.8M—
Total investments—$15.6M$10.1M$14.4M$15.8M—
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)$129.0M—$106.8M$106.8M$106.8M—
Finite Lived Intangible Assets - Gross$7.4B$7.3B$7.3B$6.8B$6.8B—
Goodwill$11.6B$11.6B$11.1B$11.1B$11.1B$11.1B
Intangible Assets Gross (Excluding Goodwill)$7.7B$7.6B$7.6B$7.1B$7.1B—
Intangible assets, net$2.6B$2.7B$2.1B$1.9B$1.7B$1.8B
Net Investment in Lease$213.7M$246.0M$246.3M$273.6M$272.4M—
Deferred tax assets$406.5M$401.2M$405.9M$409.9M$403.5M$345.9M
Intangible assets — net$2.6B$2.4B$2.1B$1.9B$1.7B—
Other intangible assets—net$3.0B$2.7B$2.5B$2.2B$2.0B$1.8B
Operating lease right-of-use assets$213.7M$246.0M$246.3M$273.6M$272.4M—
Other non-current assets$1.2B$1.6B$1.5B$1.6B$1.8B$1.7B
Strategic investments$49.4M$48.2M$48.6M$73.0M$128.4M—
Property, plant and equipment at cost$2.0B$2.0B$2.0B$2.1B$2.2B—
Operating lease right-of-use assets$213.7M$246.0M$246.3M$273.6M$272.4M—
Operating Lease Right-of-Use Assets in Other Assets$213.7M$246.0M$246.3M$273.6M$272.4M—
Other Investments$49.4M$48.2M$48.6M$73.0M$128.4M—
Other non-current assets$64.8M$74.8M$70.9M$106.7M$119.6M$1.7B
Accumulated depreciation$1.2B$1.2B$1.3B$1.3B$1.4B—
Prepaid Expenses, Non-Current$288.2M$307.8M$310.5M$302.2M$293.6M—
Property and equipment, net$781.9M$790.5M$774.7M$794.5M$854.8M$935.0M
Software and Technology Licenses, Net$1.2B$1.6B$1.5B$1.6B$1.8B$1.7B
Total assets$19.7B$20.2B$20.0B$20.6B$21.6B$22.3B