MARVELL TECHNOLOGY, INC (MRVL) FY2025 Annual P&L / Income Statement

MARVELL TECHNOLOGY, INC (MRVL) FY2025 Annual P&L / Income Statement

Income statement for 2024-02-04 through 2025-02-01. View: Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net revenue

5,767,300,000 US dollars

Cost of goods sold

3,385,100,000 US dollars

Gross profit

2,382,200,000 US dollars

Operating expenses (calculated)

3,102,500,000 US dollars

Operating income (loss)

negative 720,300,000 US dollars

Interest and other loss, net

negative 174,400,000 US dollars

Income (loss) before income taxes

negative 894,700,000 US dollars

Provision (benefit) for income taxes

negative 9,700,000 US dollars

Net loss

negative 885,000,000 US dollars

Direct customers

3,309,900,000 US dollars

Distributors

2,457,400,000 US dollars

Research and development

1,950,400,000 US dollars

Selling, general and administrative

798,200,000 US dollars

Legal settlement

0 US dollars

Restructuring related charges

353,900,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.