MARVELL TECHNOLOGY, INC (MRVL) FY2027 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-05-03 to 2026-08-01

Swipe to see the full flow
MARVELL TECHNOLOGY, INC cash flow reconciliation, May 3, 2026 through Aug 1, 2026One 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 → Net cash from operating activities: $308,000,000.00Stock-based compensation → Operating adjustments reconciliation: $326,200,000.00Amortization of acquired intangible assets → Operating adjustments reconciliation: $214,900,000.00Change in fair value of contingent consideration liability → Operating adjustments reconciliation: $101,900,000.00Depreciation and amortization → Operating adjustments reconciliation: $93,100,000.00Accrued liabilities and other non-current liabilities → Operating adjustments reconciliation: $88,200,000.00Inventories → Operating adjustments reconciliation: $48,300,000.00Accrued employee compensation → Operating adjustments reconciliation: $44,300,000.00Other expense, net → Operating adjustments reconciliation: $35,100,000.00Deferred income taxes → Operating adjustments reconciliation: $24,900,000.00Accounts payable → Operating adjustments reconciliation: $22,300,000.00Operating adjustments reconciliation → Net cash from operating activities: $297,500,000.00Operating adjustments reconciliation → Accounts receivable: $346,600,000.00Operating adjustments reconciliation → Prepaid expenses and other assets: $305,200,000.00Operating adjustments reconciliation → Change in fair value of forward stock purchase contract: $49,900,000.00Other, net → investing reconciliation: $900,000.00Net cash used in investing activities → investing reconciliation: $130,300,000.00investing reconciliation → Purchases of property and equipment: $126,700,000.00investing reconciliation → Purchases of technology licenses: $4,500,000.00Net cash used in financing activities → financing reconciliation: $386,000,000.00Proceeds from employee stock plans → financing reconciliation: $54,200,000.00financing reconciliation → Repurchases of common stock: $200,000,000.00financing reconciliation → Tax withholding paid on behalf of employees for net share settlement: $138,000,000.00financing reconciliation → Dividend payments to stockholders: $53,900,000.00financing reconciliation → Payments on technology license obligations: $29,400,000.00financing reconciliation → Other, net: $18,900,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $3,843,600,000.00Net cash from operating activities → Cash sources and uses: $605,500,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $3,932,800,000.00Cash sources and uses → Net cash used in investing activities: $130,300,000.00Cash sources and uses → Net cash used in financing activities: $386,000,000.00Net income: $308,000,000.00Net income+$308.00 MDepreciation and amortization: $93,100,000.00Other D&A+$93.10 MStock-based compensation: $326,200,000.00Stock-based compensation+$326.20 MAmortization of acquired intangible assets: $214,900,000.00Intangible amortization+$214.90 MRestructuring related charges (gains), net: $0.00Deferred income taxes: $24,900,000.00Deferred income taxes+$24.90 MChange in fair value of contingent consideration liability: $101,900,000.00Contingent consideration change+$101.90 MOther expense, net: $35,100,000.00Other non-cash items+$35.10 MAccounts receivable: -$346,600,000.00Accounts receivable−$346.60 MPrepaid expenses and other assets: -$305,200,000.00Prepaid & other assets−$305.20 MChange in fair value of forward stock purchase contract: -$49,900,000.00Forward stock contract fair value−$49.90 MAccounts payable: $22,300,000.00Accounts payable+$22.30 MAccrued employee compensation: $44,300,000.00Accrued compensation+$44.30 MAccrued liabilities and other non-current liabilities: $88,200,000.00Accrued & other liabilities+$88.20 MInventories: $48,300,000.00Inventories+$48.30 MNet cash from operating activities: $605,500,000.00Operating cash+$605.50 MOperating adjustments reconciliation: $999,200,000.00Proceeds from borrowings: $0.00Proceeds from employee stock plans: $54,200,000.00Employee stock plan proceeds+$54.20 MPayments on technology license obligations: -$29,400,000.00Technology license payments−$29.40 MPrincipal payments of debt: $0.00Repurchases of common stock: -$200,000,000.00Common stock repurchases−$200.00 MProceeds from issuance of preferred stock: $0.00Dividend payments to stockholders: -$53,900,000.00Dividends paid−$53.90 MTax withholding paid on behalf of employees for net share settlement: -$138,000,000.00Stock-award tax withholding−$138.00 MOther, net: -$18,900,000.00Other financing, net−$18.90 MNet cash used in financing activities: -$386,000,000.00. Cash required to fund net payments.Financing cash−$386.00 Mfinancing reconciliation: $440,200,000.00Purchases of technology licenses: -$4,500,000.00Intangible asset purchases−$4.50 MPurchases of property and equipment: -$126,700,000.00PP&E purchases−$126.70 MProceeds from sales of property and equipment: $0.00Acquisitions, net of cash acquired: $0.00Other, net: $900,000.00Other investing, net+$900.00 KNet cash used in investing activities: -$130,300,000.00. Cash required to fund net payments.Investing cash−$130.30 Minvesting reconciliation: $131,200,000.00Cash sources and uses: $4,449,100,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $3,843,600,000.00Beginning cash$3.84 BEnding cash: Cash, cash equivalents, and restricted cash: $3,932,800,000.00Ending cash$3.93 BCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$478.80 MOperating cash − cash spent on PP&ECash flow / Net income1.97×Operating cash flow ÷ net incomeNet cash change+$89.20 MEnding cash − beginning cash
Chart details

MARVELL TECHNOLOGY, INC cash flow reconciliation, May 3, 2026 through Aug 1, 2026

Cash flows for May 3, 2026 through Aug 1, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: May 2, 2026. Ending cash: Aug 1, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on May 2, 2026
3,843,600,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
605,500,000 US dollars. Net cash provided.
Net income
308,000,000 US dollars
Depreciation and amortization
93,100,000 US dollars
Stock-based compensation
326,200,000 US dollars
Amortization of acquired intangible assets
214,900,000 US dollars
Restructuring related charges (gains), net
0 US dollars
Deferred income taxes
24,900,000 US dollars
Change in fair value of contingent consideration liability
101,900,000 US dollars
Other expense, net
35,100,000 US dollars
Accounts receivable
negative 346,600,000 US dollars
Prepaid expenses and other assets
negative 305,200,000 US dollars
Change in fair value of forward stock purchase contract
negative 49,900,000 US dollars
Accounts payable
22,300,000 US dollars
Accrued employee compensation
44,300,000 US dollars
Accrued liabilities and other non-current liabilities
88,200,000 US dollars
Inventories
48,300,000 US dollars
Investing activities
negative 130,300,000 US dollars. Net cash used.
Purchases of technology licenses
negative 4,500,000 US dollars
Purchases of property and equipment
negative 126,700,000 US dollars
Proceeds from sales of property and equipment
0 US dollars
Acquisitions, net of cash acquired
0 US dollars
Other, net
900,000 US dollars
Financing activities
negative 386,000,000 US dollars. Net cash used.
Proceeds from borrowings
0 US dollars
Proceeds from employee stock plans
54,200,000 US dollars
Payments on technology license obligations
negative 29,400,000 US dollars
Principal payments of debt
0 US dollars
Repurchases of common stock
negative 200,000,000 US dollars
Proceeds from issuance of preferred stock
0 US dollars
Dividend payments to stockholders
negative 53,900,000 US dollars
Tax withholding paid on behalf of employees for net share settlement
negative 138,000,000 US dollars
Other, net
negative 18,900,000 US dollars
Operating adjustment reconciliation
999,200,000 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
440,200,000 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
131,200,000 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 1, 2026
3,932,800,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
4,449,100,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
89,200,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.97×. 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
605,500,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
126,700,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
478,800,000 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 $297.50M 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: 605,500,000 US dollars minus 126,700,000 US dollars equals 478,800,000 US dollars.
MARVELL TECHNOLOGY, INC (MRVL) FY2027 Q2 Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!