Marvell technology group ltd (MRVL)
Income statement / TTM
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10Apr'10Jan'10Oct'09Jul'09Apr'09Oct'08Jul'08
Net revenue

2,699

2,726

2,914

2,923

2,865

2,736

2,501

2,441

2,409

2,354

2,361

2,354

2,300

2,233

2,284

2,397

2,602

2,897

3,152

3,403

3,637

3,781

3,782

3,627

3,404

3,247

3,097

3,106

3,168

3,136

3,305

3,386

3,393

3,550

3,559

3,558

3,611

3,553

3,397

3,141

2,807

2,756

2,795

0

0

0

Cost of goods sold

1,342

1,352

1,497

1,479

1,407

1,226

997

948

947

941

969

1,000

1,017

995

1,108

1,299

1,406

1,564

1,640

1,656

1,799

1,903

1,913

1,822

1,663

1,557

1,466

1,462

1,493

1,463

1,501

1,497

1,465

1,496

1,475

1,463

1,473

1,441

1,392

1,313

1,227

1,266

1,330

0

0

0

Gross profit

1,356

1,374

1,417

1,444

1,458

1,509

1,504

1,492

1,461

1,413

1,392

1,353

1,283

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating expenses:
Research and development

1,080

1,057

1,054

1,004

914

837

738

703

714

702

739

766

805

773

823

901

954

1,031

1,067

1,076

1,091

1,164

1,172

1,170

1,153

1,141

1,108

1,080

1,057

1,039

1,041

1,027

1,013

990

942

921

897

878

873

841

828

849

886

0

0

0

Selling, general and administrative

464

449

442

462

424

386

333

255

238

228

229

242

251

373

344

307

279

130

134

137

139

142

145

150

151

158

159

161

161

159

161

161

159

159

158

155

155

152

147

143

139

143

149

0

0

0

Restructuring Costs and Asset Impairment Charges

55

49

62

80

76

60

37

5

5

98

96

93

96

10

44

57

53

50

15

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

139

138

133

124

119

113

109

105

112

110

109

108

99

103

101

100

104

104

106

104

100

87

91

171

177

192

0

0

0

Litigation settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization and write-off of acquired intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

10

11

15

25

32

39

43

44

46

49

52

53

51

49

49

50

61

71

79

89

94

99

107

118

126

0

0

0

Restructuring

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Total operating expenses

1,600

1,556

1,558

1,547

1,415

1,359

1,183

1,038

1,032

1,030

1,066

1,101

1,153

-151

318

1,525

1,941

3,588

3,669

3,027

3,180

3,361

3,383

3,297

3,123

3,014

2,892

2,863

2,873

2,814

2,859

2,837

2,788

2,800

2,742

2,717

2,710

2,662

2,595

2,490

2,473

2,555

2,685

0

0

0

Operating income (loss) from continuing operations

-243

-181

-140

-102

43

150

320

453

429

382

325

251

130

197

44

-778

-745

-691

-517

376

456

419

399

330

280

233

205

243

294

321

445

549

604

749

817

840

901

891

802

651

334

201

110

0

0

0

Interest income

4

4

4

7

11

14

17

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

85

84

86

81

60

38

16

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

5

10

0

0

0

Other income, net

1,041

-45

-49

-49

-47

8

13

19

21

12

16

18

17

14

13

14

17

20

21

26

23

31

28

24

25

19

20

17

15

14

19

16

14

19

10

12

9

7

7

5

8

15

21

0

0

0

Interest and other income (loss), net

-

0

0

0

-

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) before income taxes

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from continuing operations before income taxes

-

-

-

-

-

-

-

-

451

403

345

270

147

211

58

-764

-727

-670

-495

403

479

451

427

355

306

252

225

261

310

335

465

566

619

769

828

853

910

900

811

657

343

211

121

0

0

0

Provision (benefit) for income taxes

-786

189

197

177

174

-6

-9

16

18

76

85

83

72

1

-10

1

10

14

16

4

-4

0

-11

-6

-9

-15

-8

-4

3

-1

2

3

3

12

10

8

6

14

-20

-13

-10

-8

31

0

0

0

Income (loss) from continuing operations, net of tax

-

-

-

-

-

-

-

-

433

326

260

187

74

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) from discontinued operations, net of tax

-

-

-

-

-

-

-

-

87

65

3

-37

-53

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

1,584

-448

-420

-356

-179

130

384

542

520

391

264

150

21

105

-24

-848

-811

-733

-560

349

435

450

438

361

315

268

234

265

306

337

463

562

615

757

817

845

904

886

831

670

353

219

89

0

0

0

Net income (loss) per share - Basic:
Continuing operations (in usd per share)

-

-

-

-

-

-

-

-

0.10

0.30

0.27

0.20

-0.10

0.16

0.12

-0.03

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in usd per share)

-

-

-

-

-

-

-

-

0.00

0.11

0.06

0.01

-0.05

-0.02

-0.02

-0.02

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (loss) per share - Basic (in usd per share)

2.66

-0.12

-0.09

-0.07

-0.49

-0.08

0.01

0.26

0.10

0.41

0.33

0.21

-0.16

0.14

0.10

-0.04

-0.02

-0.11

-1.49

0.03

0.16

0.22

0.27

0.20

0.19

0.21

0.13

0.11

0.10

0.12

0.17

0.16

0.14

0.32

0.32

0.23

0.34

0.39

0.34

0.32

0.34

0.32

0.09

-0.18

0.12

0.12

Net income (loss) per share - Diluted:
Continuing operations (in usd per share)

-

-

-

-

-

-

-

-

0.09

0.30

0.26

0.20

-0.11

0.16

0.12

-0.03

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in usd per share)

-

-

-

-

-

-

-

-

0.00

0.10

0.06

0.01

-0.04

-0.02

-0.02

-0.02

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income (loss) per share - diluted (in usd per share)

2.62

-0.12

-0.09

-0.07

-0.48

-0.08

0.01

0.25

0.09

0.40

0.32

0.21

-0.16

0.14

0.10

-0.04

-0.02

-0.11

-1.49

0.03

0.16

0.22

0.27

0.19

0.19

0.21

0.12

0.11

0.10

0.12

0.16

0.16

0.14

0.32

0.31

0.22

0.33

0.38

0.33

0.30

0.32

0.31

0.09

-0.18

0.11

0.11

Weighted-average shares:
Basic (in shares)

668

668

663

658

657

657

552

497

493

494

500

503

507

511

511

508

506

504

516

516

513

513

511

505

497

491

494

502

525

553

562

580

583

600

608

638

654

649

648

640

632

623

620

618

611

606

Diluted (in shares)

713

668

663

658

636

657

562

508

505

504

510

517

524

522

514

508

495

504

516

527

522

519

520

520

510

501

500

505

528

559

570

594

599

613

623

657

679

674

675

678

688

659

648

618

630

637

Cash dividends declared per share (in usd per share)

-

-

-

-

-

-

-

-

-

0.06

0.06

0.06

-

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

0.06

-

0.06

0.06

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-