Marvell Technology, Inc. (MRVL) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Total Current Assets | 7.46B | 6.46B | 5.51B | 4.51B | 3.84B | 3.12B | 2.82B | 2.76B | 2.65B | 3.06B | 2.97B | 2.77B | 3.2B | 3.28B | 3.18B | 2.92B | 2.6B | 2.49B | 2.24B | 1.91B |
| Cash & Short-Term Investments | 3.84B | 2.64B | 2.71B | 1.22B | 885.9M | 948.3M | 868.1M | 808.7M | 847.7M | 950.8M | 725.6M | 423.4M | 1.03B | 911M | 723.4M | 617.1M | 465M | 613.5M | 523.5M | 559.62M |
| Cash Only | 3.84B | 2.64B | 2.71B | 1.22B | 885.9M | 948.3M | 868.1M | 808.7M | 847.7M | 950.8M | 725.6M | 423.4M | 1.03B | 911M | 723.4M | 617.1M | 465M | 613.5M | 523.5M | 559.62M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.87B | 2.19B | 1.55B | 1.45B | 1.14B | 1.03B | 997.9M | 1.06B | 881.9M | 1.12B | 1.21B | 1.21B | 1B | 1.19B | 1.39B | 1.29B | 1.19B | 1.05B | 978.26M | 785.61M |
| Days Sales Outstanding | 76.37 | 76.55 | 65.76 | 58.87 | 52.73 | 50.17 | 61.76 | 69.42 | 81.11 | 77.79 | 77.74 | 74.99 | 73.01 | 85.58 | 79.38 | 74.46 | 68.88 | 70.18 | 66.26 | 62.59 |
| Inventory | 1.4B | 1.39B | 1.01B | 1.05B | 1.07B | 1.03B | 859.4M | 817.8M | 826.4M | 864.4M | 941.5M | 1.02B | 1.03B | 1.07B | 957.5M | 913.1M | 835.5M | 720.3M | 628.6M | 459.53M |
| Days Inventory Outstanding | 109.68 | 95.42 | 93.57 | 97.03 | 102.5 | 94.45 | 65.41 | 109.17 | 125.52 | 112.51 | 102.67 | 113.32 | 120.54 | 127.77 | 111.99 | 108.85 | 99.47 | 95.54 | 79.42 | 64.47 |
| Other Current Assets | 347.8M | 247.2M | 237.2M | 785.2M | 736.3M | 113.9M | 91.4M | 77.3M | 91.7M | 125.9M | 91.5M | 118.8M | 147.7M | 109.6M | 0 | 0 | 0 | -3K | 0 | 0 |
| Total Non-Current Assets | 19.48B | 15.82B | 16.07B | 16.07B | 16.19B | 17.08B | 16.9B | 17.53B | 17.84B | 18.17B | 18.74B | 18.98B | 19.07B | 19.24B | 19.34B | 19.25B | 19.44B | 19.62B | 19.77B | 18.93B |
| Property, Plant & Equipment | 1.26B | 1.22B | 1.13B | 1.07B | 1.02B | 1.04B | 995.6M | 998.4M | 961.6M | 959.6M | 911.7M | 898.8M | 837.7M | 788.7M | 722.3M | 643.8M | 642.7M | 604.8M | 597.78M | 575.44M |
| Fixed Asset Turnover | 1.95x | 1.89x | 1.89x | 1.92x | 1.84x | 1.79x | 1.52x | 1.30x | 1.21x | 1.52x | 1.57x | 1.54x | 1.63x | 1.88x | 2.25x | 2.36x | 2.32x | 2.23x | 2.06x | 1.86x |
| Goodwill | 13.88B | 11.06B | 11.06B | 11.06B | 11.06B | 11.59B | 11.59B | 11.59B | 11.59B | 11.59B | 11.59B | 11.59B | 11.59B | 11.59B | 11.58B | 11.58B | 11.54B | 11.51B | 11.45B | 10.98B |
| Intangible Assets | 2.84B | 2.05B | 2.29B | 2.55B | 2.83B | 3.11B | 3.12B | 3.82B | 4.06B | 4.35B | 4.61B | 4.9B | 5.23B | 5.54B | 5.83B | 6.14B | 6.41B | 6.64B | 6.95B | 6.61B |
| Long-Term Investments | 140.1M | 129.6M | 128.4M | 73M | 48.6M | 48.2M | 49.4M | 50.4M | 50.5M | 45.8M | 44.1M | 35.7M | 36M | 36.1M | 35.7M | 36M | 34.9M | 30.7M | 26.75M | 36.51M |
| Other Non-Current Assets | 1.04B | 1.02B | 1.05B | 907M | 821.2M | 899.5M | 738.7M | 730.2M | 853.3M | 906.9M | 826.1M | 857.4M | 773.3M | 821.9M | 719.2M | 533.2M | 478.7M | 331.5M | 228.81M | 215.59M |
| Total Assets | 26.94B | 22.29B | 21.58B | 20.59B | 20.02B | 20.2B | 19.72B | 20.29B | 20.49B | 21.23B | 21.71B | 21.75B | 22.27B | 22.52B | 22.52B | 22.16B | 22.04B | 22.11B | 22.02B | 20.84B |
| Asset Turnover | 0.10x | 0.10x | 0.10x | 0.10x | 0.09x | 0.09x | 0.08x | 0.06x | 0.06x | 0.07x | 0.07x | 0.06x | 0.06x | 0.06x | 0.07x | 0.07x | 0.07x | 0.06x | 0.06x | 0.05x |
| Asset Growth % | 34.56% | 10.3% | 9.45% | 1.44% | -2.28% | -4.82% | -9.21% | -6.7% | -8% | -5.74% | -3.59% | -1.86% | 1.06% | 1.87% | 2.29% | 6.35% | 3.81% | 105.38% | 103.41% | 90.72% |
| Total Current Liabilities | 2.28B | 3.22B | 2.74B | 2.4B | 2.94B | 2.03B | 1.76B | 1.55B | 1.47B | 1.81B | 1.88B | 2.69B | 3.06B | 2.39B | 2.42B | 2.16B | 1.55B | 1.39B | 1.24B | 1.08B |
| Accounts Payable | 709.7M | 1.07B | 633.7M | 610.7M | 562.7M | 622.2M | 538.1M | 453.4M | 320.9M | 411.3M | 419.1M | 412.8M | 388.4M | 465.8M | 476.2M | 490.3M | 553.1M | 461.5M | 440.59M | 370.5M |
| Days Payables Outstanding | 70.14 | 67.82 | 56.36 | 53.63 | 57.81 | 58.02 | 38.67 | 51.41 | 54.36 | 51.74 | 43.64 | 44.47 | 49.16 | 59.41 | 57.86 | 64.95 | 64.87 | 63.89 | 59.2 | 43.61 |
| Short-Term Debt | 0 | 499.8M | 499.5M | 499.3M | 1.26B | 129.5M | 129.4M | 129.3M | 118.3M | 107.3M | 96.3M | 1.02B | 1.52B | 584.4M | 584M | 653.5M | 74.1M | 63.2M | 52.2M | 41.39M |
| Deferred Revenue (Current) | 63.7M | 40.1M | 32.2M | 41.3M | 31.8M | 22.1M | 34.5M | 39.2M | 33.9M | 43.2M | 56.9M | 44.6M | 44.4M | 45.2M | 47M | 28.9M | 38.4M | 39M | 234.61M | 215.35M |
| Other Current Liabilities | 231.5M | 309.8M | 268.1M | 224.7M | 215M | 302.5M | 272M | 259.8M | 261.7M | 360.9M | 379.8M | 252.3M | 278.1M | 366.5M | 382.9M | 327.9M | 245.1M | 321M | 289.4M | 238.24M |
| Current Ratio | 3.28x | 2.01x | 2.01x | 1.88x | 1.30x | 1.54x | 1.60x | 1.79x | 1.80x | 1.69x | 1.58x | 1.03x | 1.05x | 1.37x | 1.31x | 1.35x | 1.67x | 1.80x | 1.81x | 1.76x |
| Quick Ratio | 2.66x | 1.58x | 1.64x | 1.44x | 0.94x | 1.03x | 1.11x | 1.26x | 1.24x | 1.21x | 1.08x | 0.65x | 0.71x | 0.93x | 0.92x | 0.93x | 1.13x | 1.28x | 1.31x | 1.34x |
| Cash Conversion Cycle | 115.91 | 104.16 | 102.97 | 102.27 | 97.42 | 86.61 | 88.5 | 127.17 | 152.28 | 138.57 | 136.77 | 143.85 | 144.38 | 153.94 | 133.51 | 118.36 | 103.49 | 101.82 | 86.48 | 83.44 |
| Total Non-Current Liabilities | 6.45B | 4.76B | 4.79B | 4.77B | 3.77B | 4.75B | 4.58B | 4.54B | 4.54B | 4.58B | 4.6B | 3.68B | 3.72B | 4.5B | 4.54B | 4.48B | 5.02B | 5.02B | 5.09B | 5.01B |
| Long-Term Debt | 4.96B | 3.97B | 3.97B | 3.97B | 2.98B | 3.93B | 3.97B | 4B | 4.03B | 4.06B | 4.09B | 3.13B | 3.15B | 3.91B | 3.93B | 3.95B | 4.47B | 4.48B | 4.5B | 4.66B |
| Capital Lease Obligations | 261.4M | 263.2M | 255M | 258.3M | 229.2M | 231M | 203.2M | 207.2M | 196.6M | 196M | 197M | 192.6M | 190.4M | 201.6M | 190.8M | 131.7M | 137.2M | 140.3M | 150.85M | 146.15M |
| Deferred Tax Liabilities | 95.7M | 20.5M | 33.9M | 33.3M | 34.2M | 33.8M | 46.3M | 35.2M | 51.5M | 58.7M | 73.2M | 71.6M | 69.8M | 64.2M | 45.9M | 35.6M | 39.7M | 34.5M | 56.26M | 22.45M |
| Other Non-Current Liabilities | 1.13B | 501.9M | 527.4M | 505.8M | 528.8M | 551.6M | 364.1M | 303.1M | 268.9M | 269.6M | 241.6M | 276.7M | 302.8M | 324.7M | 378.6M | 361.4M | 377.4M | 358.3M | 383.53M | 181.56M |
| Total Liabilities | 8.73B | 7.98B | 7.52B | 7.16B | 6.71B | 6.78B | 6.34B | 6.09B | 6.01B | 6.4B | 6.48B | 6.36B | 6.78B | 6.88B | 6.96B | 6.63B | 6.57B | 6.41B | 6.33B | 6.1B |
| Total Debt | 5.28B | 4.79B | 4.78B | 4.78B | 4.51B | 4.34B | 4.34B | 4.37B | 4.38B | 4.4B | 4.42B | 4.39B | 4.91B | 4.74B | 4.74B | 4.77B | 4.71B | 4.73B | 4.75B | 4.89B |
| Net Debt | 1.43B | 2.15B | 2.06B | 3.55B | 3.63B | 3.39B | 3.47B | 3.57B | 3.53B | 3.45B | 3.7B | 3.96B | 3.88B | 3.83B | 4.02B | 4.15B | 4.25B | 4.11B | 4.23B | 4.33B |
| Debt / Equity | 0.29x | 0.33x | 0.34x | 0.36x | 0.34x | 0.32x | 0.32x | 0.31x | 0.30x | 0.30x | 0.29x | 0.29x | 0.32x | 0.30x | 0.30x | 0.31x | 0.30x | 0.30x | 0.30x | 0.33x |
| Debt / EBITDA | 7.87x | 6.55x | 7.09x | 7.73x | 7.51x | 7.74x | - | 17.38x | 23.65x | 13.47x | 22.61x | 30.99x | 29.56x | 12.65x | 10.54x | 12.30x | 11.28x | 11.65x | 14.96x | 64.17x |
| Net Debt / EBITDA | 2.14x | 2.94x | 3.06x | 5.75x | 6.04x | 6.05x | - | 14.17x | 19.08x | 10.56x | 18.90x | 28.00x | 23.36x | 10.22x | 8.93x | 10.71x | 10.16x | 10.14x | 13.31x | 56.83x |
| Interest Coverage | 6.43x | 8.15x | 44.27x | 5.14x | 4.95x | 5.44x | -14.73x | -2.02x | -3.05x | -0.66x | -2.56x | -3.68x | -3.41x | 0.53x | 2.44x | 1.10x | 2.08x | 1.06x | -0.91x | -7.93x |
| Total Equity | 18.22B | 14.31B | 14.06B | 13.42B | 13.31B | 13.43B | 13.37B | 14.2B | 14.48B | 14.83B | 15.23B | 15.39B | 15.49B | 15.64B | 15.56B | 15.53B | 15.46B | 15.7B | 15.69B | 14.74B |
| Equity Growth % | 36.83% | 6.56% | 5.11% | -5.51% | -8.05% | -9.47% | -12.21% | -7.7% | -6.55% | -5.15% | -2.09% | -0.91% | 0.19% | -0.41% | -0.81% | 5.35% | 4.1% | 86.14% | 86.97% | 75.12% |
| Book Value per Share | 20.39 | 16.71 | 16.16 | 15.42 | 15.20 | 15.51 | 15.45 | 16.41 | 16.74 | 17.15 | 17.66 | 17.88 | 18.09 | 18.31 | 18.13 | 18.10 | 18.24 | 18.21 | 18.93 | 17.95 |
| Total Shareholders' Equity | 18.22B | 14.31B | 14.06B | 13.42B | 13.31B | 13.43B | 13.37B | 14.2B | 14.48B | 14.83B | 15.23B | 15.39B | 15.49B | 15.64B | 15.56B | 15.53B | 15.46B | 15.7B | 15.69B | 14.74B |
| Common Stock | 1.8M | 1.7M | 1.7M | 1.7M | 1.7M | 1.7M | 1.7M | 1.7M | 1.7M | 1.7M | 1.7M | 1.7M | 1.7M | 1.7M | 1.7M | 1.7M | 1.7M | 1.7M | 1.68M | 1.65M |
| Retained Earnings | 1.34B | 1.36B | 1.01B | -840M | -983.1M | -1.11B | -1.26B | -529.3M | -284.1M | -16.7M | 427.9M | 644M | 903.2M | 1.12B | 1.19B | 1.23B | 1.27B | 1.49B | 1.54B | 1.65B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 400K | 600K | -100K | 400K | -300K | -400K | 400K | 1.1M | -1.4M | -1M | -900K | 0 | -800K | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |