Income StatementBalance SheetCash FlowSegments
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Marvell Technology, Inc. Cash Flow Statement

Operating, investing, and financing cash movements

Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$1.7BNet Cash From Investing (TTM)-$292.9MNet Cash From Financing (TTM)-$1.8BCapital Expenditures (TTM)$311.9MDepreciation And Amortization Cf (TTM)$315.9MNet Change In Cash (TTM)$38.2M
Latest FilingQ1 2026
Report Date2026-03-11
Market Cap$171.90B
P/E Ratio64.38
ROE19.25%

Operating

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Other non-cash income (expense)-$4.3M—-$44.1M———
Amortization of intangible assets$264.9M$334.2M$245.7M$243.7M$229.0M$223.6M
Change in accounts payable-$11.0M$260.6M-$37.4M———
Change in accounts receivable$94.7M-$611.2M$115.6M———
Change in accrued liabilities$269.9M—-$26.4M———
Change in inventories—$210.7M$69.9M———
Change in other assets$190.1M-$286.9M-$24.1M———
Other working capital changes-$4.3M—-$44.1M———
Deferred income taxes—-$109.7M-$4.3M———
Depreciation and amortization$86.9M$49.1M$84.2M———
Other Non-Cash Income (Expense)-$4.3M—-$44.1M———
Other Non-cash Income (Expense)-$4.3M—-$44.1M———
Other Non-cash Income (Expense)-$4.3M—-$44.1M———
Net cash from operating activities$582.3M$304.4M$332.9M———
Net income-$676.3M-$3.2B$177.9M$194.8M$1.9B$396.1M
Other non-cash income (expense)-$4.3M—-$44.1M———
Amortization of capitalized software and acquired intangible assets$264.9M$334.2M$245.7M$243.7M$229.0M$223.6M
Gain on sale of business and assets—-$1.8B$457.6M$457.6M$457.6M$457.6M
Accrued expenses and other liabilities$269.9M—-$26.4M———
Accrued compensation and employee benefits—$111.5M-$117.6M———
Increase (Decrease) in Prepaid Expense and Other Assets$190.1M-$286.9M-$24.1M———
Restructuring related charges (gains), net$0.0$542.8M-$14.0M———
Depreciation and amortization$86.9M$49.1M$84.2M———
Other Noncash Income (Expense)-$4.3M—-$44.1M———
Other Non-cash Income and Expense-$4.3M—-$44.1M———
Other Non-Cash Adjustments-$4.3M—-$44.1M———
Other Non-Cash Income and Expense-$4.3M—-$44.1M———
Stock-based compensation$152.1M$149.6M$142.1M———
Loss on Sale of Subsidiary—-$1.8B$457.6M$457.6M$457.6M$457.6M

Investing

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Acquisitions, net of cash acquired—$10.4M$0.0$0.0$0.0$0.0
Capital expenditures$73.5M$44.8M$118.8M———
Payment for (Proceeds from) Other Investing Activity$12.8M-$43.7M$100.0K———
Payments to Acquire Intangible Assets$1.2M$3.6M$1.1M———
Divestiture of businesses, net of cash transferred—-$2.5B$619.7M$619.7M$619.7M$619.7M
Proceeds from disposals of property, plant and equipment$100.0K—$25.9M———
Net cash from investing activities$2.4B-$2.5B-$94.1M———
Other investing activities$12.8M-$43.7M$100.0K———
Proceeds from sale of businesses—-$2.5B$619.7M$619.7M$619.7M$619.7M
Proceeds from sale of property, plant and equipment$100.0K—$25.9M———
Purchases of intangible assets$1.2M$3.6M$1.1M———
Proceeds from divestiture of prepaid business—-$2.5B$619.7M$619.7M$619.7M$619.7M
Payments for Deposits$1.2M$3.6M$1.1M———

Financing

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Proceeds from issuance of debt$0.0-$1.2B$200.0M———
Repayments of debt——$32.8M———
Dividends paid$50.8M$53.2M$51.8M———
Payment on Technology License Obligation$47.7M$51.6M$26.8M———
Proceeds from issuances of debt—-$1.2B$299.7M$299.7M$299.7M$299.7M
Issuance of stock under employee stock plans$400.0K$36.1M$600.0K———
Other, net-$22.8M—-$200.0K———
Payment of Deferred Purchase Consideration-$22.8M—-$200.0K———
Noncontrolling interest transactions and other-$22.8M—-$200.0K———
Net cash from financing activities-$1.5B—-$301.2M———
Other financing activities-$22.8M—-$200.0K———
Noncontrolling Interests Activity and Other-$22.8M—-$200.0K———
Proceeds from issuance of common stock$400.0K$36.1M$600.0K———
Repurchases of common stock$1.3B—$340.0M———
Taxes paid for net share settlement$62.5M$111.5M$50.2M———

Free Cash Flow

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Free cash flow$508.8M$259.6M$214.1M———

Other

MetricQ3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Net increase (decrease) in cash$1.5B-$1.8B-$62.4M———