Marvell Technology Files 2024 Annual Report
Ticker: MRVL · Form: 10-K · Filed: 2024-03-13T00:00:00.000Z
Sentiment: neutral
Topics: annual-report, semiconductors, financials
Related Tickers: AMD, NVDA, QCOM, INTC
TL;DR
MRVL 10-K is in: FY24 results are out, check for growth drivers & risks.
AI Summary
Marvell Technology, Inc. filed its 2024 10-K report for the fiscal year ending February 3, 2024. The company, a leader in semiconductors, reported its financial performance and business operations. Key financial data and operational details are disclosed in this comprehensive annual filing.
Why It Matters
This filing provides investors and stakeholders with a detailed overview of Marvell's financial health, strategic direction, and potential risks for the past fiscal year.
Risk Assessment
Risk Level: medium — As a semiconductor company, Marvell is subject to cyclical industry trends, intense competition, and rapid technological changes.
Key Numbers
- 2024-02-03 — Fiscal Year End (Marks the end of the reporting period for the 10-K.)
- 2024-03-13 — Filing Date (Date the 10-K was officially submitted to the SEC.)
Key Players & Entities
- Marvell Technology, Inc. (company) — Filer of the 10-K report
- 20240203 (date) — Fiscal year end date
- 20240313 (date) — Filing date
- 3674 (number) — Standard Industrial Classification for Semiconductors & Related Devices
FAQ
What were Marvell's total revenues for the fiscal year ending February 3, 2024?
The filing indicates financial data for the fiscal year ending 2024-02-03, but specific revenue figures are not detailed in this header information.
What is Marvell's primary business segment according to its SIC code?
Marvell Technology, Inc. is classified under SIC code 3674, which corresponds to Semiconductors & Related Devices.
When did Marvell Technology, Inc. file its 10-K report?
The 10-K report was filed on 2024-03-13.
What is the state of incorporation for Marvell Technology, Inc.?
Marvell Technology, Inc. is incorporated in Delaware (DE).
What is the fiscal year end date for Marvell Technology, Inc.?
The fiscal year end date for Marvell Technology, Inc. is February 3, 2024 (20240203).
From the Filing
0001835632-24-000009.txt : 20240313 0001835632-24-000009.hdr.sgml : 20240313 20240313160410 ACCESSION NUMBER: 0001835632-24-000009 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 148 CONFORMED PERIOD OF REPORT: 20240203 FILED AS OF DATE: 20240313 DATE AS OF CHANGE: 20240313 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Marvell Technology, Inc. CENTRAL INDEX KEY: 0001835632 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 853971597 STATE OF INCORPORATION: DE FISCAL YEAR END: 0203 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-40357 FILM NUMBER: 24745908 BUSINESS ADDRESS: STREET 1: 1000 N. WEST STREET STREET 2: SUITE 1200 CITY: WILMINGTON STATE: DE ZIP: 19801 BUSINESS PHONE: (302) 295-4840 MAIL ADDRESS: STREET 1: 1000 N. WEST STREET STREET 2: SUITE 1200 CITY: WILMINGTON STATE: DE ZIP: 19801 10-K 1 mrvl-20240203.htm FORM 10-K mrvl-20240203 0001835632 2024 FY false 1 1 one one P3Y P3Y P4Y P3Y P3Y http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent 360 0001835632 2023-01-29 2024-02-03 0001835632 2023-07-28 iso4217:USD 0001835632 2024-03-06 xbrli:shares 0001835632 2024-02-03 0001835632 2023-01-28 iso4217:USD xbrli:shares 0001835632 2022-01-30 2023-01-28 0001835632 2021-01-31 2022-01-29 0001835632 us-gaap:CommonStockMember 2021-01-30 0001835632 us-gaap:AdditionalPaidInCapitalMember 2021-01-30 0001835632 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-30 0001835632 us-gaap:RetainedEarningsMember 2021-01-30 0001835632 2021-01-30 0001835632 us-gaap:CommonStockMember 2021-01-31 2022-01-29 0001835632 us-gaap:AdditionalPaidInCapitalMember 2021-01-31 2022-01-29 0001835632 us-gaap:RestrictedStockMember 2021-01-31 2022-01-29 0001835632 us-gaap:RetainedEarningsMember 2021-01-31 2022-01-29 0001835632 us-gaap:CommonStockMember 2022-01-29 0001835632 us-gaap:AdditionalPaidInCapitalMember 2022-01-29 0001835632 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-29 0001835632 us-gaap:RetainedEarningsMember 2022-01-29 0001835632 2022-01-29 0001835632 us-gaap:CommonStockMember 2022-01-30 2023-01-28 0001835632 us-gaap:AdditionalPaidInCapitalMember 2022-01-30 2023-01-28 0001835632 us-gaap:AdditionalPaidInCapitalMember us-gaap:RestrictedStockMember 2022-01-30 2023-01-28 0001835632 us-gaap:RestrictedStockMember 2022-01-30 2023-01-28 0001835632 us-gaap:RetainedEarningsMember 2022-01-30 2023-01-28 0001835632 us-gaap:CommonStockMember 2023-01-28 0001835632 us-gaap:AdditionalPaidInCapitalMember 2023-01-28 0001835632 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-28 0001835632 us-gaap:RetainedEarningsMember 2023-01-28 0001835632 us-gaap:CommonStockMember 2023-01-29 2024-02-03 0001835632 us-gaap:AdditionalPaidInCapitalMember 2023-01-29 2024-02-03 0001835632 us-gaap:AdditionalPaidInCapitalMember us-gaap:RestrictedStockMember 2023-01-29 2024-02-03 0001835632 us-gaap:RetainedEarningsMember 2023-01-29 2024-02-03 0001835632 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-29 2024-02-03 0001835632 us-gaap:CommonStockMember 2024-02-03 0001835632 us-gaap:AdditionalPaidInCapitalMember 2024-02-03 0001835632 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-02-03 0001835632 us-gaap:RetainedEarningsMember 2024-02-03 0001835632 mrvl:ThreeCustomersMember us-gaap:CustomerConcentrationRiskMember us-gaap:AccountsReceivableMember 2023-01-29 2024-02-03 xbrli:pure 0001835632 mrvl:FiveCustomersMember us-gaap:CustomerConcentrationRiskMember us-gaap:AccountsReceivableMember 2022-01-30 2023-01-28 0001835632 us-gaap:SalesRevenueNetMember mrvl:WintechMember us-gaap:CustomerConcentrationRiskMember 2023-01-29 2024-02-03 0001835632 us-gaap:SalesRevenueNetMember mrvl:WintechMember