Marvell Technology Inc
For the period ended Nov 2, 2024. Filed Dec 4, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Nov 2, 2024 · Filed Dec 4, 2024
MRVL$154.39-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Statements of Stockholders’ Equity for the
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
| Common Stock · Additional Paid-in Capital · Accumulated Other Comprehensive Income (Loss) · Accumulated Deficit | ||||||
|---|---|---|---|---|---|---|
| Shares · Amount · Total | ||||||
| Balance at February 3, 2024 | 865.5 | $1.7 | $14,845.3 | $1.1 | $(16.7) | $14,831.4 |
| Issuance of common stock in connection with equity incentive plans | 2.2 | — | 2.2 | — | — | 2.2 |
| Tax withholdings related to net share settlement of restricted stock units | — | — | (74.1) | — | — | (74.1) |
| Stock-based compensation | — | — | 137.3 | — | — | 137.3 |
| Repurchase of common stock | (2.2) | — | (150.0) | — | — | (150.0) |
| Cash dividends declared and paid ($0.06 per share) | — | — | — | — | (51.8) | (51.8) |
| Net loss | — | — | — | — | (215.6) | (215.6) |
| Other comprehensive loss | — | — | — | (0.7) | — | (0.7) |
| Balance at May 4, 2024 | 865.5 | $1.7 | $14,760.7 | $0.4 | $(284.1) | $14,478.7 |
| Issuance of common stock in connection with equity incentive plans | 3.2 | — | 49.3 | — | — | 49.3 |
| Tax withholdings related to net share settlement of restricted stock units | — | — | (57.6) | — | — | (57.6) |
| Stock-based compensation | — | — | 155.5 | — | — | 155.5 |
| Repurchase of common stock | (2.5) | — | (175.0) | — | — | (175.0) |
| Cash dividends declared and paid ($0.06 per share) | — | — | — | — | (51.9) | (51.9) |
| Net loss | — | — | — | — | (193.3) | (193.3) |
| Other comprehensive loss | — | — | — | (0.8) | — | (0.8) |
| Balance at August 3, 2024 | 866.2 | $1.7 | $14,732.9 | $(0.4) | $(529.3) | $14,204.9 |
| Issuance of common stock in connection with equity incentive plans | 1.6 | — | 0.9 | — | — | 0.9 |
| Tax withholdings related to net share settlement of restricted stock units | — | — | (58.6) | — | — | (58.6) |
| Stock-based compensation | — | — | 153.8 | — | — | 153.8 |
| Repurchase of common stock | (2.6) | — | (200.0) | — | — | (200.0) |
| Cash dividends declared and paid ($0.06 per share) | — | — | — | — | (51.9) | (51.9) |
| Net loss | — | — | — | — | (676.3) | (676.3) |
| Other comprehensive income | — | — | — | 0.1 | — | 0.1 |
| Balance at November 2, 2024 | 865.2 | $1.7 | $14,629.0 | $(0.3) | $(1,257.5) | $13,372.9 |
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - (Continued)
| Common Stock · Additional Paid-in Capital · Accumulated Other Comprehensive Loss · Retained Earnings | ||||||
|---|---|---|---|---|---|---|
| Shares · Amount · Total | ||||||
| Balance at January 28, 2023 | 856.1 | $1.7 | $14,512.0 | $— | $1,123.5 | $15,637.2 |
| Issuance of common stock in connection with equity incentive plans | 3.8 | — | 8.3 | — | — | 8.3 |
| Tax withholdings related to net share settlement of restricted stock units | — | — | (72.6) | — | — | (72.6) |
| Stock-based compensation | — | — | 142.2 | — | — | 142.2 |
| Cash dividends declared and paid ($0.06 per share) | — | — | — | — | (51.4) | (51.4) |
| Net loss | — | — | — | — | (168.9) | (168.9) |
| Other comprehensive loss | — | — | — | (0.9) | — | (0.9) |
| Balance at April 29, 2023 | 859.9 | $1.7 | $14,589.9 | $(0.9) | $903.2 | $15,493.9 |
| Issuance of common stock in connection with equity incentive plans | 3.4 | — | 52.1 | — | — | 52.1 |
| Tax withholdings related to net share settlement of restricted stock units | — | — | (51.2) | — | — | (51.2) |
| Stock-based compensation | — | — | 154.0 | — | — | 154.0 |
| Cash dividends declared and paid ($0.06 per share) | — | — | — | — | (51.7) | (51.7) |
| Net loss | — | — | — | — | (207.5) | (207.5) |
| Other comprehensive loss | — | — | — | (0.1) | — | (0.1) |
| Balance at July 29, 2023 | 863.3 | $1.7 | $14,744.8 | $(1.0) | $644.0 | $15,389.5 |
| Issuance of common stock in connection with equity incentive plans | 1.8 | — | 0.6 | — | — | 0.6 |
| Tax withholdings related to net share settlement of restricted stock units | — | — | (44.9) | — | — | (44.9) |
| Stock-based compensation | — | — | 154.7 | — | — | 154.7 |
| Repurchase of common stock | (0.8) | — | (50.0) | — | — | (50.0) |
| Cash dividends declared and paid ($0.06 per share) | — | — | — | — | (51.8) | (51.8) |
| Net loss | — | — | — | — | (164.3) | (164.3) |
| Other comprehensive loss | — | — | — | (0.4) | — | (0.4) |
| Balance at October 28, 2023 | 864.3 | $1.7 | $14,805.2 | $(1.4) | $427.9 | $15,233.4 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.