MARVELL TECHNOLOGY, INC (MRVL) FY2025 Annual Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-02-04 to 2025-02-01

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MARVELL TECHNOLOGY, INC cash flow reconciliation, Feb 4, 2024 through Feb 1, 2025One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Amortization of acquired intangible assets → operating reconciliation: $1,052,600,000.00Stock-based compensation → operating reconciliation: $597,400,000.00Restructuring related impairment charges → operating reconciliation: $528,800,000.00Depreciation and amortization → operating reconciliation: $304,300,000.00Accounts payable → operating reconciliation: $181,500,000.00Accounts receivable → operating reconciliation: $93,200,000.00Other expense, net → operating reconciliation: $65,900,000.00Accrued employee compensation → operating reconciliation: $43,500,000.00Accrued liabilities and other non-current liabilities → operating reconciliation: $37,500,000.00Prepaid expenses and other assets → operating reconciliation: $3,400,000.00operating reconciliation → Net cash from operating activities: $1,681,200,000.00operating reconciliation → Net loss: $885,000,000.00operating reconciliation → Inventories: $230,000,000.00operating reconciliation → Deferred income taxes: $111,900,000.00Other, net → investing reconciliation: $1,300,000.00investing reconciliation → Purchases of property and equipment: $284,600,000.00investing reconciliation → Acquisitions, net of cash acquired: $10,400,000.00investing reconciliation → Purchases of technology licenses: $7,000,000.00Net cash used in financing activities → financing reconciliation: $1,383,000,000.00Proceeds from employee stock plans → financing reconciliation: $87,600,000.00financing reconciliation → Repurchases of common stock: $725,000,000.00financing reconciliation → Tax withholding paid on behalf of employees for net share settlement: $274,900,000.00financing reconciliation → Dividend payments to stockholders: $207,500,000.00financing reconciliation → Payments on technology license obligations: $153,600,000.00financing reconciliation → Principal payments of debt: $109,400,000.00financing reconciliation → Other, net: $200,000.00Net cash used in investing activities → investing reconciliation: $300,700,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $950,800,000.00Net cash from operating activities → Cash sources and uses: $1,681,200,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $948,300,000.00Cash sources and uses → Net cash used in investing activities: $300,700,000.00Cash sources and uses → Net cash used in financing activities: $1,383,000,000.00Net loss: -$885,000,000.00Net loss−$885.00 MDepreciation and amortization: $304,300,000.00Other D&A+$304.30 MStock-based compensation: $597,400,000.00Stock-based compensation+$597.40 MDeferred income taxes: -$111,900,000.00Deferred income taxes−$111.90 MOther expense, net: $65,900,000.00Other non-cash items+$65.90 MAccounts receivable: $93,200,000.00Accounts receivable+$93.20 MInventories: -$230,000,000.00Inventories−$230.00 MPrepaid expenses and other assets: $3,400,000.00Prepaid & other assets+$3.40 MAccounts payable: $181,500,000.00Accounts payable+$181.50 MAccrued employee compensation: $43,500,000.00Accrued compensation+$43.50 MAmortization of inventory fair value adjustment associated with acquisitions: $0.00Restructuring related impairment charges: $528,800,000.00Restructuring charges, net+$528.80 MAmortization of acquired intangible assets: $1,052,600,000.00Intangible amortization+$1.05 BAccrued liabilities and other non-current liabilities: $37,500,000.00Accrued & other liabilities+$37.50 MNet cash from operating activities: $1,681,200,000.00Operating cash+$1.68 Boperating reconciliation: $2,908,100,000.00Repurchases of common stock: -$725,000,000.00Common stock repurchases−$725.00 MProceeds from employee stock plans: $87,600,000.00Employee stock plan proceeds+$87.60 MTax withholding paid on behalf of employees for net share settlement: -$274,900,000.00Stock-award tax withholding−$274.90 MDividend payments to stockholders: -$207,500,000.00Dividends paid−$207.50 MPayments on technology license obligations: -$153,600,000.00Technology license payments−$153.60 MProceeds from borrowings: $0.00Principal payments of debt: -$109,400,000.00Long-term debt repaid−$109.40 MOther, net: -$200,000.00Other financing, net−$200.00 KNet cash used in financing activities: -$1,383,000,000.00. Cash required to fund net payments.Financing cash−$1.38 Bfinancing reconciliation: $1,470,600,000.00Purchases of technology licenses: -$7,000,000.00Intangible asset purchases−$7.00 MPurchases of property and equipment: -$284,600,000.00PP&E purchases−$284.60 MAcquisitions, net of cash acquired: -$10,400,000.00Acquisitions, net of cash−$10.40 MOther, net: $1,300,000.00Other investing, net+$1.30 MNet cash used in investing activities: -$300,700,000.00. Cash required to fund net payments.Investing cash−$300.70 Minvesting reconciliation: $302,000,000.00Cash sources and uses: $2,632,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $950,800,000.00Beginning cash$950.80 MEnding cash: Cash, cash equivalents, and restricted cash: $948,300,000.00Ending cash$948.30 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsNet loss −$885.00M + net operating adjustments $2.57B = operating cash +$1.68BFree cash flow$1.40 BOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change−$2.50 MEnding cash − beginning cash
Chart details

MARVELL TECHNOLOGY, INC cash flow reconciliation, Feb 4, 2024 through Feb 1, 2025

Cash flows for Feb 4, 2024 through Feb 1, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Feb 3, 2024. Ending cash: Feb 1, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Feb 3, 2024
950,800,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
1,681,200,000 US dollars. Net cash provided.
Net loss
negative 885,000,000 US dollars
Depreciation and amortization
304,300,000 US dollars
Stock-based compensation
597,400,000 US dollars
Deferred income taxes
negative 111,900,000 US dollars
Other expense, net
65,900,000 US dollars
Accounts receivable
93,200,000 US dollars
Inventories
negative 230,000,000 US dollars
Prepaid expenses and other assets
3,400,000 US dollars
Accounts payable
181,500,000 US dollars
Accrued employee compensation
43,500,000 US dollars
Amortization of inventory fair value adjustment associated with acquisitions
0 US dollars
Restructuring related impairment charges
528,800,000 US dollars
Amortization of acquired intangible assets
1,052,600,000 US dollars
Accrued liabilities and other non-current liabilities
37,500,000 US dollars
Investing activities
negative 300,700,000 US dollars. Net cash used.
Purchases of technology licenses
negative 7,000,000 US dollars
Purchases of property and equipment
negative 284,600,000 US dollars
Acquisitions, net of cash acquired
negative 10,400,000 US dollars
Other, net
1,300,000 US dollars
Financing activities
negative 1,383,000,000 US dollars. Net cash used.
Repurchases of common stock
negative 725,000,000 US dollars
Proceeds from employee stock plans
87,600,000 US dollars
Tax withholding paid on behalf of employees for net share settlement
negative 274,900,000 US dollars
Dividend payments to stockholders
negative 207,500,000 US dollars
Payments on technology license obligations
negative 153,600,000 US dollars
Proceeds from borrowings
0 US dollars
Principal payments of debt
negative 109,400,000 US dollars
Other, net
negative 200,000 US dollars
Operating adjustment reconciliation
2,908,100,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
1,470,600,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
302,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Feb 1, 2025
948,300,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
2,632,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 2,500,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
Operating cash flow
1,681,200,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
284,600,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
1,396,600,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net loss −$885.00M + net operating adjustments $2.57B = operating cash +$1.68B. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 1,681,200,000 US dollars minus 284,600,000 US dollars equals 1,396,600,000 US dollars.
MARVELL TECHNOLOGY, INC (MRVL) FY2025 Annual Statement of Cash Flows Sankey chart
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