Name: Marvell Technology Inc. (NASDAQ:MRVL) | Balance Sheet: Assets (Quarterly)
Creator: Stock Analysis on Net

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Assets: Selected Items

Download chart

Current Assets: Selected Items

Download chart

Marvell Technology Inc., consolidated balance sheet: assets (quarterly data)

US$ in thousands

	Aug 1, 2026	May 2, 2026	Jan 31, 2026	Nov 1, 2025	Aug 2, 2025	May 3, 2025	Feb 1, 2025	Nov 2, 2024	Aug 3, 2024	May 4, 2024	Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020
Cash and cash equivalents	3,932,800)	3,843,600)	2,638,800)	2,714,500)	1,224,400)	885,900)	948,300)	868,100)	808,700)	847,700)	950,800)	725,600)	423,400)	1,028,300)	911,000)	723,400)	617,100)	465,000)	613,533)	523,502)	559,617)	522,512)	748,467)	832,041)	831,534)	667,548)
Accounts receivable, net	2,218,400)	1,871,700)	2,186,600)	1,546,300)	1,451,700)	1,144,000)	1,028,400)	997,900)	1,060,100)	881,900)	1,121,600)	1,214,600)	1,209,200)	1,000,900)	1,192,200)	1,390,700)	1,291,300)	1,191,100)	1,048,583)	978,261)	785,611)	694,395)	536,668)	490,271)	483,542)	468,760)
Inventories	1,360,600)	1,400,900)	1,388,000)	1,014,500)	1,051,600)	1,071,400)	1,029,700)	859,400)	817,800)	826,400)	864,400)	941,500)	1,015,800)	1,026,000)	1,068,300)	957,500)	913,100)	835,500)	720,331)	628,600)	459,532)	538,117)	268,228)	268,396)	262,875)	270,374)
Prepaid expenses and other current assets	407,500)	347,800)	247,200)	237,200)	189,700)	148,100)	113,900)	91,400)	77,300)	91,700)	125,900)	91,500)	118,800)	147,700)	109,600)	107,700)	93,500)	107,300)	111,003)	114,451)	103,717)	132,787)	63,782)	68,618)	54,136)	72,282)
Assets held for sale	—)	—)	—)	—)	595,500)	588,200)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Current assets	7,919,300)	7,464,000)	6,460,600)	5,512,500)	4,512,900)	3,837,600)	3,120,300)	2,816,800)	2,763,900)	2,647,700)	3,062,700)	2,973,200)	2,767,200)	3,202,900)	3,281,100)	3,179,300)	2,915,000)	2,598,900)	2,493,450)	2,244,814)	1,908,477)	1,887,811)	1,617,145)	1,659,326)	1,632,087)	1,478,964)
Property and equipment, net	1,071,000)	972,500)	935,000)	854,800)	794,500)	774,700)	790,500)	781,900)	781,500)	758,000)	756,000)	701,600)	693,800)	636,200)	577,400)	521,500)	508,200)	502,200)	462,773)	444,003)	433,091)	424,733)	326,125)	331,769)	335,035)	348,066)
Goodwill	13,873,900)	13,883,500)	11,062,200)	11,062,200)	11,062,200)	11,062,200)	11,586,900)	11,586,900)	11,586,900)	11,586,900)	11,586,900)	11,586,900)	11,586,900)	11,586,900)	11,586,900)	11,579,000)	11,579,000)	11,539,000)	11,511,129)	11,446,444)	10,976,443)	10,965,666)	5,336,961)	5,336,356)	5,337,405)	5,337,405)
Acquired intangible assets, net	2,346,600)	2,561,500)	1,754,700)	1,978,300)	2,207,200)	2,450,900)	2,710,600)	2,957,700)	3,463,400)	3,739,200)	4,004,100)	4,290,400)	4,560,200)	4,832,000)	5,102,000)	5,372,600)	5,642,500)	5,888,100)	6,153,422)	6,439,106)	6,285,388)	6,562,061)	2,270,700)	2,380,382)	2,489,815)	2,651,678)
Deferred tax assets	322,300)	319,800)	345,900)	403,500)	409,900)	405,900)	401,200)	406,500)	347,500)	327,000)	311,900)	759,500)	700,900)	608,200)	465,900)	451,800)	310,500)	331,800)	493,508)	528,985)	517,123)	725,636)	672,424)	646,837)	645,633)	639,470)
Other non-current assets	2,021,500)	1,743,200)	1,726,900)	1,767,700)	1,599,600)	1,492,400)	1,595,000)	1,165,800)	1,350,200)	1,432,200)	1,506,900)	1,402,800)	1,441,100)	1,407,000)	1,508,800)	1,417,900)	1,206,900)	1,178,700)	994,315)	915,490)	718,110)	664,030)	541,569)	470,102)	486,507)	525,946)
Non-current assets	19,635,300)	19,480,500)	15,824,700)	16,066,500)	16,073,400)	16,186,100)	17,084,200)	16,898,800)	17,529,500)	17,843,300)	18,165,800)	18,741,200)	18,982,900)	19,070,300)	19,241,000)	19,342,800)	19,247,100)	19,439,800)	19,615,147)	19,774,028)	18,930,155)	19,342,126)	9,147,779)	9,165,446)	9,294,395)	9,502,565)
Total assets	27,554,600)	26,944,500)	22,285,300)	21,579,000)	20,586,300)	20,023,700)	20,204,500)	19,715,600)	20,293,400)	20,491,000)	21,228,500)	21,714,400)	21,750,100)	22,273,200)	22,522,100)	22,522,100)	22,162,100)	22,038,700)	22,108,597)	22,018,842)	20,838,632)	21,229,937)	10,764,924)	10,824,772)	10,926,482)	10,981,529)

The asset base of the organization has experienced substantial expansion and structural shifts over the analyzed period, characterized by two distinct phases of significant growth. Total assets increased from approximately 10.98 billion US dollars in May 2020 to 27.55 billion US dollars by August 2026. This growth was driven primarily by large-scale acquisitions and a consistent increase in liquid current assets.

Current Asset Dynamics and Liquidity: Current assets exhibited a strong upward trajectory, rising from 1.48 billion US dollars in May 2020 to 7.92 billion US dollars in August 2026. A significant acceleration in liquidity is observed starting in late 2024, with cash and cash equivalents increasing from 868.1 million US dollars in November 2024 to 3.93 billion US dollars by August 2026. Accounts receivable followed a similar growth pattern, expanding from 468.8 million US dollars at the start of the period to 2.22 billion US dollars by the end, suggesting a scaling of revenue operations. Inventories also saw a marked increase, particularly after May 2021, stabilizing between 800 million and 1.4 billion US dollars in the later years.
Intangible Assets and Strategic Acquisitions: The non-current asset profile reveals two major inorganic growth events. The first occurred in May 2021, where goodwill surged from 5.34 billion US dollars to 10.97 billion US dollars, and acquired intangible assets jumped from 2.27 billion US dollars to 6.56 billion US dollars. A second expansion is evident in early 2026, with goodwill increasing to 13.88 billion US dollars and acquired intangibles rising again after a period of steady amortization. The gradual decline of acquired intangible assets between 2021 and 2025 indicates consistent amortization of those assets prior to the subsequent acquisition activity.
Long-term Infrastructure and Other Assets: Property and equipment, net, showed a steady and linear increase, growing from 348.1 million US dollars in May 2020 to 1.07 billion US dollars in August 2026, reflecting continuous investment in physical infrastructure. Other non-current assets also trended upward, ending the period at 2.02 billion US dollars. Deferred tax assets experienced higher volatility, peaking in mid-2023 before stabilizing at a lower range of approximately 320 million US dollars by 2026.
Asset Composition and Structural Trends: The balance sheet transitioned from being heavily dominated by non-current assets to a more balanced distribution. In May 2020, current assets represented roughly 13.5% of total assets; by August 2026, this proportion increased to approximately 28.8%. This shift suggests a strategic increase in operational flexibility and liquidity alongside the continued pursuit of growth through acquisitions.

AI Ask an analyst for more

Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.

How can I help you?

Marvell Technology Inc. (NASDAQ:MRVL)

Balance Sheet: AssetsQuarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data