Marvell Technology Financials

$616.3 M

Revenue Q3, 2018

$10.5 B

Mkt cap, 20-Apr-2018
Gross profit (Q3, 2018)377.8 M
Gross profit margin (Q3, 2018), %61.3%
Net income (Q3, 2018)200.2 M
Cash, 28-Oct-2017800.1 M

Revenue/Financials

Income Statement

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

3.4 b3.7 b2.7 b2.3 b

Revenue growth, %

9%(26%)(15%)

Cost of goods sold

1.7 b1.8 b1.5 b1 b

Gross profit

1.7 b1.9 b1.2 b1.3 b

Gross profit Margin, %

51%50%45%56%

R&D expense

831.4 m

General and administrative expense

127.4 m

Operating expense total

958.8 m

EBIT

280.7 m408.8 m(816.7 m)100 m

EBIT margin, %

8%11%(30%)4%

Interest income

25.6 m23.3 m17.7 m17 m

Pre tax profit

306.3 m432.2 m(799.1 m)117 m

Income tax expense

(9.1 m)(3.2 m)12.3 m73 m

Net Income

315.3 m435.3 m(811.4 m)21.2 m

Quarterly

USDQ3, 2013Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q3, 2018

Revenue

931.2 m930.1 m961.5 m957.8 m710.5 m724.3 m674.9 m540.8 m626.4 m654.4 m616.3 m

Cost of goods sold

465 m455 m477.7 m493.9 m461.7 m351.2 m379.3 m259.2 m287.6 m286.1 m238.5 m

Gross profit

466.2 m475.2 m483.8 m464 m248.8 m373.1 m295.6 m281.6 m338.8 m368.4 m377.8 m

Gross profit Margin, %

50%51%50%48%35%52%44%52%54%56%61%

R&D expense

296.3 m288.4 m294.8 m295.4 m285.6 m280.1 m252.5 m240.5 m228.9 m222.5 m165.5 m

General and administrative expense

26.6 m33.5 m31.3 m30.6 m35.2 m41 m33.2 m32 m36.2 m28.9 m59.1 m

Operating expense total

836 m814.6 m841.1 m864.8 m1.5 b711 m734 m569.9 m586.9 m571.5 m227.9 m

EBIT

95.2 m115.5 m120.5 m93 m(773.2 m)13.3 m(59.1 m)(29.1 m)39.5 m83 m

EBIT margin, %

10%12%13%10%(109%)2%(9%)(5%)6%13%

Interest income

1.5 m4.8 m12.3 m1.9 m6.8 m5.2 m4.6 m1.5 m6.3 m5.5 m6.2 m

Pre tax profit

96.8 m120.3 m132.7 m94.9 m(766.4 m)18.4 m(54.4 m)(27.6 m)45.8 m88.4 m156.1 m

Income tax expense

(6.4 m)5 m(6.2 m)(4.6 m)5.5 m4.3 m3.3 m(5 m)(5.5 m)15.8 m6.8 m

Net Income

103.2 m115.3 m138.9 m99.5 m(771.9 m)14.1 m(57.8 m)(22.7 m)51.3 m72.6 m200.2 m

Balance Sheet

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

965.8 m1.2 b1.3 b814.1 m

Accounts Receivable

Inventories

347.9 m308.2 m210 m172 m

Current Assets

2.8 b3.3 b2.9 b2.3 b

PP&E

356.2 m340.6 m299.5 m243.4 m

Goodwill

2 b2 b2 b2 b

Total Assets

5.5 b5.9 b5.4 b4.6 b

Accounts Payable

316.4 m282.9 m180.4 m143.5 m

Short-term debt

Current Liabilities

651.3 m637.4 m1.2 b496.4 m

Long-term debt

Total Liabilities

621 m

Additional Paid-in Capital

2.9 b3.1 b3 b3 b

Retained Earnings

1.7 b2 b1.1 b1 b

Total Equity

4.7 b5.1 b4.1 b4 b

Financial Leverage

1.2 x1.1 x1.3 x1.2 x

Quarterly

USDQ3, 2013Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q3, 2018

Cash

796.3 m1.2 b1.3 b1.1 b927.5 m1 b897.1 m780.2 m718.8 m751.6 m800.1 m

Accounts Receivable

466.7 m445.1 m498.5 m517.1 m417.7 m393.8 m380.9 m280.7 m348.7 m362.2 m366.1 m

Inventories

380.4 m356.4 m394 m350.6 m327.1 m339.9 m279.4 m196.7 m202.7 m198.8 m173.7 m

Current Assets

2.7 b3.3 b3.3 b3.1 b3.2 b3.3 b3 b2.1 b2.2 b2.3 b2.4 b

PP&E

358.2 m343.1 m344.8 m349.3 m322.3 m325.8 m309.6 m283.6 m274.8 m266 m198.2 m

Goodwill

2 b2 b2 b2 b2 b2 b2 b2 b2 b2 b

Total Assets

5.3 b5.8 b5.9 b5.7 b5.7 b5.8 b5.5 b4.7 b4.7 b4.8 b4.7 b

Accounts Payable

400.4 m341.4 m415.7 m409 m289 m297.1 m236.7 m193.7 m213 m183.3 m166.1 m

Current Liabilities

757 m705.4 m792 m789.8 m1.4 b616.5 m1.3 b484.7 m504.5 m503.2 m478.1 m

Total Liabilities

884.7 m814.9 m904.2 m913.5 m1.5 b710.8 m1.4 b557.3 m557.6 m574 m621.3 m

Additional Paid-in Capital

2.8 b3 b3 b3 b3 b3.1 b3 b3 b3.1 b3.1 b2.7 b

Retained Earnings

1.7 b2 b1.9 b1.8 b1.2 b2 b1.1 b1.1 b1.1 b1.1 b1.4 b

Total Equity

4.5 b5 b5 b4.8 b4.2 b5.1 b4.1 b4.1 b4.2 b4.2 b4.1 b

Financial Leverage

1.2 x1.2 x1.2 x1.2 x1.3 x1.1 x1.3 x1.1 x1.1 x1.1 x1.2 x

Cash Flow

Annual

USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

315.3 m435.3 m(811.4 m)21.2 m

Depreciation and Amortization

102.8 m106.2 m100.2 m107.9 m

Accounts Receivable

(120 m)34.2 m97.7 m(12.1 m)

Inventories

(97 m)39.5 m90.6 m29.3 m

Accounts Payable

39.8 m(43.9 m)(105.9 m)(28.2 m)

Cash From Operating Activities

448 m728.9 m205.4 m(358.4 m)

Purchases of PP&E

(66.6 m)(63 m)(37.3 m)(44.5 m)

Cash From Investing Activities

74.8 m(368.9 m)201.7 m161.6 m

Cash From Financing Activities

(309 m)(114.8 m)(339.8 m)(267.2 m)

Interest Paid

1.9 m1.2 m

Income Taxes Paid

9.4 m15.7 m

Quarterly

USDQ3, 2013Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

103.2 m115.3 m138.9 m99.5 m(757.9 m)14.1 m(815.6 m)(22.7 m)51.3 m72.6 m

Depreciation and Amortization

51.8 m26.6 m77.4 m

Accounts Receivable

445.1 m498.5 m3.2 m27.1 m40 m280.7 m348.7 m362.2 m

Inventories

356.4 m394 m(18.4 m)(31.3 m)21 m196.7 m202.7 m198.8 m

Accounts Payable

341.4 m415.7 m12 m17.1 m(43.7 m)193.7 m213 m183.3 m

Cash From Operating Activities

85.5 m58.9 m152 m

Purchases of PP&E

(24.3 m)(7.3 m)(33.4 m)

Cash From Investing Activities

(136.6 m)(166.6 m)(136.8 m)

Cash From Financing Activities

(232.3 m)(64.5 m)(329.2 m)

Ratios

USDY, 2017

Revenue/Employee

215.2 k

Financial Leverage

1.2 x
Report incorrect company information