MARVELL TECHNOLOGY, INC (MRVL) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2025-02-02 to 2025-08-02

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MARVELL TECHNOLOGY, INC cash flow reconciliation, Feb 2, 2025 through Aug 2, 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.Net income (loss) → Net cash from operating activities: $372,700,000.00Amortization of acquired intangible assets → Operating adjustments reconciliation: $489,400,000.00Stock-based compensation → Operating adjustments reconciliation: $295,700,000.00Depreciation and amortization → Operating adjustments reconciliation: $168,300,000.00Accrued liabilities and other non-current liabilities → Operating adjustments reconciliation: $140,900,000.00Other expense, net → Operating adjustments reconciliation: $80,800,000.00Operating adjustments reconciliation → Net cash from operating activities: $421,800,000.00Operating adjustments reconciliation → Accounts receivable: $423,300,000.00Operating adjustments reconciliation → Prepaid expenses and other assets: $93,400,000.00Operating adjustments reconciliation → Accrued employee compensation: $90,800,000.00Operating adjustments reconciliation → Accounts payable: $68,100,000.00Operating adjustments reconciliation → Inventories: $54,500,000.00Operating adjustments reconciliation → Restructuring related charges (gains), net: $14,000,000.00Operating adjustments reconciliation → Deferred income taxes: $9,200,000.00Proceeds from sales of property and equipment → investing reconciliation: $27,300,000.00Net cash used in investing activities → investing reconciliation: $171,300,000.00investing reconciliation → Purchases of property and equipment: $166,300,000.00investing reconciliation → Other, net: $30,100,000.00investing reconciliation → Purchases of technology licenses: $2,200,000.00Net cash used in financing activities → financing reconciliation: $347,100,000.00Proceeds from borrowings → financing reconciliation: $1,198,600,000.00Proceeds from employee stock plans → financing reconciliation: $51,100,000.00financing reconciliation → Principal payments of debt: $790,600,000.00financing reconciliation → Repurchases of common stock: $540,000,000.00financing reconciliation → Dividend payments to stockholders: $103,500,000.00financing reconciliation → Tax withholding paid on behalf of employees for net share settlement: $100,900,000.00financing reconciliation → Payments on technology license obligations: $54,300,000.00financing reconciliation → Other, net: $7,500,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $948,300,000.00Net cash from operating activities → Cash sources and uses: $794,500,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $1,224,400,000.00Cash sources and uses → Net cash used in investing activities: $171,300,000.00Cash sources and uses → Net cash used in financing activities: $347,100,000.00Accrued employee compensation: -$90,800,000.00Accrued compensation−$90.80 MAccrued liabilities and other non-current liabilities: $140,900,000.00Accrued & other liabilities+$140.90 MPrepaid expenses and other assets: -$93,400,000.00Prepaid & other assets−$93.40 MAccounts receivable: -$423,300,000.00Accounts receivable−$423.30 MDeferred income taxes: -$9,200,000.00Deferred income taxes−$9.20 MOther expense, net: $80,800,000.00Other non-cash items+$80.80 MStock-based compensation: $295,700,000.00Stock-based compensation+$295.70 MAmortization of acquired intangible assets: $489,400,000.00Intangible amortization+$489.40 MAccounts payable: -$68,100,000.00Accounts payable−$68.10 MNet income (loss): $372,700,000.00Net income (loss)+$372.70 MInventories: -$54,500,000.00Inventories−$54.50 MDepreciation and amortization: $168,300,000.00Other D&A+$168.30 MRestructuring related charges (gains), net: -$14,000,000.00Restructuring charges, net−$14.00 MNet cash from operating activities: $794,500,000.00Operating cash+$794.50 MOperating adjustments reconciliation: $1,175,100,000.00Proceeds from borrowings: $1,198,600,000.00Debt issued+$1.20 BProceeds from employee stock plans: $51,100,000.00Employee stock plan proceeds+$51.10 MPayments on technology license obligations: -$54,300,000.00Technology license payments−$54.30 MPrincipal payments of debt: -$790,600,000.00Long-term debt repaid−$790.60 MRepurchases of common stock: -$540,000,000.00Common stock repurchases−$540.00 MDividend payments to stockholders: -$103,500,000.00Dividends paid−$103.50 MTax withholding paid on behalf of employees for net share settlement: -$100,900,000.00Stock-award tax withholding−$100.90 MOther, net: -$7,500,000.00Other financing, net−$7.50 MNet cash used in financing activities: -$347,100,000.00. Cash required to fund net payments.Financing cash−$347.10 Mfinancing reconciliation: $1,596,800,000.00Other, net: -$30,100,000.00Other investing, net−$30.10 MPurchases of technology licenses: -$2,200,000.00Intangible asset purchases−$2.20 MPurchases of property and equipment: -$166,300,000.00PP&E purchases−$166.30 MProceeds from sales of property and equipment: $27,300,000.00PP&E sales+$27.30 MNet cash used in investing activities: -$171,300,000.00. Cash required to fund net payments.Investing cash−$171.30 Minvesting reconciliation: $198,600,000.00Cash sources and uses: $1,742,800,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $948,300,000.00Beginning cash$948.30 MEnding cash: Cash, cash equivalents, and restricted cash: $1,224,400,000.00Ending cash$1.22 BCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$628.20 MOperating cash − cash spent on PP&ECash flow / Net income2.13×Operating cash flow ÷ net incomeNet cash change+$276.10 MEnding cash − beginning cash
Chart details

MARVELL TECHNOLOGY, INC cash flow reconciliation, Feb 2, 2025 through Aug 2, 2025

Cash flows for Feb 2, 2025 through Aug 2, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Feb 1, 2025. Ending cash: Aug 2, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Feb 1, 2025
948,300,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
794,500,000 US dollars. Net cash provided.
Net income (loss)
372,700,000 US dollars
Accrued employee compensation
negative 90,800,000 US dollars
Accrued liabilities and other non-current liabilities
140,900,000 US dollars
Prepaid expenses and other assets
negative 93,400,000 US dollars
Accounts receivable
negative 423,300,000 US dollars
Deferred income taxes
negative 9,200,000 US dollars
Other expense, net
80,800,000 US dollars
Stock-based compensation
295,700,000 US dollars
Amortization of acquired intangible assets
489,400,000 US dollars
Accounts payable
negative 68,100,000 US dollars
Inventories
negative 54,500,000 US dollars
Depreciation and amortization
168,300,000 US dollars
Restructuring related charges (gains), net
negative 14,000,000 US dollars
Investing activities
negative 171,300,000 US dollars. Net cash used.
Other, net
negative 30,100,000 US dollars
Purchases of technology licenses
negative 2,200,000 US dollars
Purchases of property and equipment
negative 166,300,000 US dollars
Proceeds from sales of property and equipment
27,300,000 US dollars
Financing activities
negative 347,100,000 US dollars. Net cash used.
Proceeds from borrowings
1,198,600,000 US dollars
Proceeds from employee stock plans
51,100,000 US dollars
Payments on technology license obligations
negative 54,300,000 US dollars
Principal payments of debt
negative 790,600,000 US dollars
Repurchases of common stock
negative 540,000,000 US dollars
Dividend payments to stockholders
negative 103,500,000 US dollars
Tax withholding paid on behalf of employees for net share settlement
negative 100,900,000 US dollars
Other, net
negative 7,500,000 US dollars
Operating adjustment reconciliation
1,175,100,000 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
1,596,800,000 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
198,600,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on Aug 2, 2025
1,224,400,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
1,742,800,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
276,100,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
2.13×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
794,500,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
166,300,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
628,200,000 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 income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $421.80M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • 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: 794,500,000 US dollars minus 166,300,000 US dollars equals 628,200,000 US dollars.
MARVELL TECHNOLOGY, INC (MRVL) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
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