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Marvell Technology, Inc. MRVL Operating Lease Liabilities

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Other financials

Income statement

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Revenue$2.4B+27.6%
Gross profit$1.3B+32.4%
Operating income$339.4M+25.4%
Net income$34.5M-80.6%
EPS (diluted)$0.04-80.0%

Balance sheet

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Cash & equivalents$3.8B+334%
Total debt$5.3B+17.0%
Total equity$18.2B+36.8%
Total assets$26.9B+34.6%

Cash flow

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Operating cash flow$638.8M+91.9%
CapEx$155.7M+31.1%
Free cash flow$483.1M+126%

Valuation

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Market cap$188.97B+191%
Enterprise value$190.4B+178%
P/E74.8×
P/S21.7×+12.7×

Profitability

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Gross margin51.5%+8.3pp
Operating margin16%
Net margin29%
FCF margin19.1%-2.1pp

Returns & leverage

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Return on equity16%
Debt / equity0.3×0.0×
Current ratio3.3×+2.0×

Where this comes from

Reported directly by Marvell Technology, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLiabilityNoncurrent.

The source filing: Marvell Technology, Inc.’s 10-Q, filed May 28, 2026.

Filed
May 28, 2026, 4:09 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001835632-26-000019
Line itemMay 2,2026January 31,2026
Other non-current liabilities:
Contingent consideration liability$647.6
Lease liabilities - non-current261.4263.2
Non-current restructuring liabilities184.8193.9
Technology license obligations145.2160.4
Non-current income tax payable119.8117.4
Deferred tax liabilities95.720.5
Other36.130.2

Item 1. Financial Statements

FAQ

What is Marvell Technology, Inc.'s operating lease liabilities?
Marvell Technology, Inc. (MRVL) reported operating lease liabilities of $261.4M in Q1 2026.
How has Marvell Technology, Inc.'s operating lease liabilities changed year-over-year?
Marvell Technology, Inc.'s operating lease liabilities increased by 14.0% year-over-year, from $229.2M to $261.4M.
What is the long-term trend for Marvell Technology, Inc.'s operating lease liabilities?
Over 5 years (2021 to 2026), Marvell Technology, Inc.'s operating lease liabilities has grown at a 20.3% compound annual growth rate (CAGR), from $104.42M to $263.2M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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