MARVELL TECHNOLOGY, INC (MRVL) FY2026 Q2 P&L / Income Statement

MARVELL TECHNOLOGY, INC (MRVL) FY2026 Q2 P&L / Income Statement

Income statement for 2025-05-04 through 2025-08-02. View: Contract with Customer, Sales Channel. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net revenue

2,006,100,000 US dollars

Cost of goods sold

995,500,000 US dollars

Gross profit

1,010,600,000 US dollars

Operating expenses (calculated)

720,500,000 US dollars

Operating income (loss)

290,100,000 US dollars

Interest and other loss, net

negative 56,400,000 US dollars

Income (loss) before income taxes

233,700,000 US dollars

Provision for income taxes

38,900,000 US dollars

Net income (loss)

194,800,000 US dollars

Direct customers

1,191,400,000 US dollars

Distributors

814,700,000 US dollars

Selling, general and administrative

192,800,000 US dollars

Research and development

519,000,000 US dollars

Restructuring related charges (gains), net

8,700,000 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.