The Tip Desk

Marvell Technology, Inc.

Company Stats

Market Cap
$231.7B
as of Sep 30, 2026
Enterprise Value
$233.5B
Shares Outstanding
876.9M
Free Float
99.8%

Income Statement

Revenue
$8.2B
Operating Income
$1.3B
Net Income
$2.7B
EBITDA
$1.5B
Non-cash Impairment
$69.2M
Revenue Growth, 3Y
11.4%
FCF Margin, 3Y Avg
20.0%
FCF Margin, Worst Year
17.0%

Cash Flow

Free Cash Flow
$1.4B
FCF Yield
0.6%
Owner FCF Yield
0.3%

Balance Sheet

Cash & Equivalents
$2.6B
Total Debt
$4.5B
Net Debt
$1.9B
Net Debt / EBITDA
1.20x
EV / EBITDA
151.20x
Net Debt / EBIT
1.41x

Returns & Capital

Dividends Paid
$205.1M
Dividend Yield
0.1%
Share Repurchases
$2.0B
Buyback Yield, 3Y Avg
0.4%
SBC, 3Y Avg
$599.3M

Cash Flow by Year

YearRevenueFCFMargin
FY2026$8.2B$1.4B17.0%
FY2025$5.8B$1.4B24.2%
FY2024$5.5B$1.0B18.8%
FY2023$5.9B$1.1B18.3%
FY2022$4.5B$650.1M14.6%

Annual filing data through FY ended January 31, 2026; shares and float as of November 5, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage