MARVELL TECHNOLOGY, INC (MRVL) FY2025 Q1 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-02-04 to 2024-05-04

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MARVELL TECHNOLOGY, INC cash flow reconciliation, Feb 4, 2024 through May 4, 2024One 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: $264,900,000.00Accounts receivable → operating reconciliation: $239,700,000.00Stock-based compensation → operating reconciliation: $136,500,000.00Prepaid expenses and other assets → operating reconciliation: $85,800,000.00Depreciation and amortization → operating reconciliation: $72,600,000.00Inventories → operating reconciliation: $38,800,000.00Other expense, net → operating reconciliation: $21,800,000.00Restructuring related impairment charges → operating reconciliation: $700,000.00operating reconciliation → Net cash from operating activities: $324,500,000.00operating reconciliation → Net loss: $215,600,000.00operating reconciliation → Accrued liabilities and other non-current liabilities: $148,000,000.00operating reconciliation → Accrued employee compensation: $92,200,000.00operating reconciliation → Accounts payable: $58,300,000.00operating reconciliation → Deferred income taxes: $22,200,000.00Net cash used in investing activities → investing reconciliation: $101,900,000.00investing reconciliation → Purchases of property and equipment: $91,500,000.00investing reconciliation → Other, net: $9,900,000.00investing reconciliation → Purchases of technology licenses: $500,000.00Net cash used in financing activities → financing reconciliation: $325,700,000.00Proceeds from employee stock plans → financing reconciliation: $2,300,000.00financing reconciliation → Repurchases of common stock: $150,000,000.00financing reconciliation → Tax withholding paid on behalf of employees for net share settlement: $74,100,000.00financing reconciliation → Dividend payments to stockholders: $51,800,000.00financing reconciliation → Payments on technology license obligations: $30,200,000.00financing reconciliation → Principal payments of debt: $21,900,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $950,800,000.00Net cash from operating activities → Cash sources and uses: $324,500,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $847,700,000.00Cash sources and uses → Net cash used in investing activities: $101,900,000.00Cash sources and uses → Net cash used in financing activities: $325,700,000.00Accrued employee compensation: -$92,200,000.00Accrued compensation−$92.20 MAccrued liabilities and other non-current liabilities: -$148,000,000.00Accrued & other liabilities−$148.00 MPrepaid expenses and other assets: $85,800,000.00Prepaid & other assets+$85.80 MAccounts receivable: $239,700,000.00Accounts receivable+$239.70 MDeferred income taxes: -$22,200,000.00Deferred income taxes−$22.20 MOther expense, net: $21,800,000.00Other non-cash items+$21.80 MStock-based compensation: $136,500,000.00Stock-based compensation+$136.50 MAmortization of acquired intangible assets: $264,900,000.00Intangible amortization+$264.90 MAccounts payable: -$58,300,000.00Accounts payable−$58.30 MNet loss: -$215,600,000.00Net loss−$215.60 MInventories: $38,800,000.00Inventories+$38.80 MDepreciation and amortization: $72,600,000.00Other D&A+$72.60 MRestructuring related impairment charges: $700,000.00Restructuring charges, net+$700.00 KNet cash from operating activities: $324,500,000.00Operating cash+$324.50 Moperating reconciliation: $860,800,000.00Payments on technology license obligations: -$30,200,000.00Technology license payments−$30.20 MTax withholding paid on behalf of employees for net share settlement: -$74,100,000.00Stock-award tax withholding−$74.10 MDividend payments to stockholders: -$51,800,000.00Dividends paid−$51.80 MProceeds from employee stock plans: $2,300,000.00Employee stock plan proceeds+$2.30 MPrincipal payments of debt: -$21,900,000.00Long-term debt repaid−$21.90 MRepurchases of common stock: -$150,000,000.00Common stock repurchases−$150.00 MProceeds from borrowings: $0.00Net cash used in financing activities: -$325,700,000.00. Cash required to fund net payments.Financing cash−$325.70 Mfinancing reconciliation: $328,000,000.00Purchases of property and equipment: -$91,500,000.00PP&E purchases−$91.50 MPurchases of technology licenses: -$500,000.00Intangible asset purchases−$500.00 KOther, net: -$9,900,000.00Other investing, net−$9.90 MNet cash used in investing activities: -$101,900,000.00. Cash required to fund net payments.Investing cash−$101.90 Minvesting reconciliation: $101,900,000.00Cash sources and uses: $1,275,300,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $950,800,000.00Beginning cash$950.80 MEnding cash: Cash, cash equivalents, and restricted cash: $847,700,000.00Ending cash$847.70 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsNet loss −$215.60M + net operating adjustments $540.10M = operating cash +$324.50MFree cash flow$233.00 MOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change−$103.10 MEnding cash − beginning cash
Chart details

MARVELL TECHNOLOGY, INC cash flow reconciliation, Feb 4, 2024 through May 4, 2024

Cash flows for Feb 4, 2024 through May 4, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Feb 3, 2024. Ending cash: May 4, 2024. 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
324,500,000 US dollars. Net cash provided.
Net loss
negative 215,600,000 US dollars
Accrued employee compensation
negative 92,200,000 US dollars
Accrued liabilities and other non-current liabilities
negative 148,000,000 US dollars
Prepaid expenses and other assets
85,800,000 US dollars
Accounts receivable
239,700,000 US dollars
Deferred income taxes
negative 22,200,000 US dollars
Other expense, net
21,800,000 US dollars
Stock-based compensation
136,500,000 US dollars
Amortization of acquired intangible assets
264,900,000 US dollars
Accounts payable
negative 58,300,000 US dollars
Inventories
38,800,000 US dollars
Depreciation and amortization
72,600,000 US dollars
Restructuring related impairment charges
700,000 US dollars
Investing activities
negative 101,900,000 US dollars. Net cash used.
Purchases of property and equipment
negative 91,500,000 US dollars
Purchases of technology licenses
negative 500,000 US dollars
Other, net
negative 9,900,000 US dollars
Financing activities
negative 325,700,000 US dollars. Net cash used.
Payments on technology license obligations
negative 30,200,000 US dollars
Tax withholding paid on behalf of employees for net share settlement
negative 74,100,000 US dollars
Dividend payments to stockholders
negative 51,800,000 US dollars
Proceeds from employee stock plans
2,300,000 US dollars
Principal payments of debt
negative 21,900,000 US dollars
Repurchases of common stock
negative 150,000,000 US dollars
Proceeds from borrowings
0 US dollars
Operating adjustment reconciliation
860,800,000 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
328,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
101,900,000 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 May 4, 2024
847,700,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
1,275,300,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 103,100,000 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
324,500,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
91,500,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
233,000,000 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 −$215.60M + net operating adjustments $540.10M = operating cash +$324.50M. 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: 324,500,000 US dollars minus 91,500,000 US dollars equals 233,000,000 US dollars.
MARVELL TECHNOLOGY, INC (MRVL) FY2025 Q1 Statement of Cash Flows Sankey chart
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