Marvell Technology Cash Flow Statement
NASDAQ: MRVLTechnologySemiconductorsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Marvell Technology free cash flow
In fiscal 2026, Marvell Technology generated $1.75 billion of operating cash flow and spent $354.1 million on capital expenditures. That left free cash flow of $1.40 billion, a free-cash-flow margin of 17.0% of revenue. Free cash flow was down 0.0% from the prior year's $1.40 billion.
Marvell Technology returned $2.25 billion to shareholders: $205.1 million in dividends and $2.04 billion in share repurchases, equal to 161% of free cash flow. Free cash flow covered dividend payments 6.8 times.
Summary generated from market data by MetaCap's automated system. Methodology
Marvell Technology cash flow statement (annual)
| Fiscal year (USD) | FY 20262026-01-31 | FY 20252025-02-01 | FY 20242024-02-03 | FY 20232023-01-28 | FY 20222022-01-29 | FY 20212021-01-30 | FY 20202020-02-01 |
|---|---|---|---|---|---|---|---|
| Net Income | 2.67B | -885.00M | -933.40M | -163.50M | -421.00M | -277.30M | 1.58B |
| Net Income growth (YoY) | — | — | — | — | — | -117.50% | — |
| Depreciation & Amortization | 221.70M | 177.00M | 148.20M | 304.90M | 265.90M | 197.90M | 156.66M |
| Stock-Based Compensation | 590.80M | 597.40M | 609.80M | 552.40M | 460.70M | 241.50M | 242.21M |
| Change in Working Capital | -1.49B | 48.10M | 30.30M | -652.30M | -692.50M | 28.30M | -211.37M |
| Operating Cash Flow | 1.75B | 1.68B | 1.37B | 1.29B | 819.30M | 817.30M | 360.30M |
| Capital Expenditures | -354.10M | -284.60M | -336.30M | -206.20M | -169.20M | -106.80M | -81.92M |
| Investing Cash Flow | 2.10B | -300.70M | -350.50M | -328.40M | -3.75B | -119.60M | 558.85M |
| Dividends Paid | -205.10M | -207.50M | -206.80M | -204.40M | -191.00M | -160.60M | -159.57M |
| Share Repurchases | -2.04B | -725.00M | -150.00M | -115.00M | 0 | -25.20M | -364.27M |
| Debt Issued | 1.20B | 0 | 1.30B | 200.00M | 3.90B | 0 | 950.00M |
| Debt Repaid | -790.60M | -109.40M | -1.62B | -265.60M | -526.80M | -250.00M | -1.25B |
| Financing Cash Flow | -2.16B | -1.38B | -980.20M | -662.90M | 2.79B | -596.80M | -853.95M |
| Net Change in Cash | 1.69B | -2.50M | 39.80M | 297.50M | -135.00M | 100.90M | 65.19M |
| Free Cash Flow | 1.40B | 1.40B | 1.03B | 1.08B | 650.10M | 710.50M | 278.38M |
This table shows 7 annual periods of Marvell Technology's cash flow statement, from FY 2026 back to FY 2020, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow MRVL's reporting calendar. What is a cash flow statement?