2022 Q2 Form 10-Q Financial Statement
#000183563222000028 Filed on May 27, 2022
Income Statement
Concept | 2022 Q2 | 2021 Q2 |
---|---|---|
Revenue | $1.447B | $832.3M |
YoY Change | 73.84% | 19.99% |
Cost Of Revenue | $696.0M | $414.1M |
YoY Change | 68.08% | 12.91% |
Gross Profit | $750.9M | $418.2M |
YoY Change | 79.56% | 27.93% |
Gross Profit Margin | 51.9% | 50.25% |
Selling, General & Admin | $235.7M | $201.5M |
YoY Change | 16.97% | 65.13% |
% of Gross Profit | 31.39% | 48.18% |
Research & Development | $444.1M | $286.1M |
YoY Change | 55.23% | 2.33% |
% of Gross Profit | 59.14% | 68.41% |
Depreciation & Amortization | $348.2M | $180.5M |
YoY Change | 92.93% | 10.45% |
% of Gross Profit | 46.37% | 43.16% |
Operating Expenses | $679.8M | $487.6M |
YoY Change | 39.42% | 21.41% |
Operating Profit | $69.80M | -$82.30M |
YoY Change | -184.81% | -14.27% |
Interest Expense | $36.30M | $35.10M |
YoY Change | 3.42% | 108.56% |
% of Operating Profit | 52.01% | |
Other Income/Expense, Net | $5.200M | $1.200M |
YoY Change | 333.33% | -68.03% |
Pretax Income | $39.20M | -$116.0M |
YoY Change | -133.79% | 7.41% |
Income Tax | $204.9M | -$27.80M |
% Of Pretax Income | 522.7% | |
Net Earnings | -$165.7M | -$88.20M |
YoY Change | 87.87% | -21.97% |
Net Earnings / Revenue | -11.45% | -10.6% |
Basic Earnings Per Share | -$0.20 | -$0.13 |
Diluted Earnings Per Share | -$0.20 | -$0.13 |
COMMON SHARES | ||
Basic Shares Outstanding | 848.0M shares | 693.4M shares |
Diluted Shares Outstanding | 848.0M shares | 693.4M shares |
Balance Sheet
Concept | 2022 Q2 | 2021 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $465.0M | $522.5M |
YoY Change | -11.01% | -21.78% |
Cash & Equivalents | $465.0M | $522.5M |
Short-Term Investments | ||
Other Short-Term Assets | $107.3M | $132.8M |
YoY Change | -19.19% | 84.43% |
Inventory | $835.5M | $538.1M |
Prepaid Expenses | ||
Receivables | $1.191B | $694.4M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $2.599B | $1.888B |
YoY Change | 37.67% | 27.64% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $502.2M | $424.7M |
YoY Change | 18.24% | -10.2% |
Goodwill | $11.50B | $11.00B |
YoY Change | 4.55% | |
Intangibles | $5.888B | $6.562B |
YoY Change | -10.27% | |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $1.179B | $664.0M |
YoY Change | 77.51% | -12.28% |
Total Long-Term Assets | $19.44B | $19.34B |
YoY Change | 0.5% | 103.54% |
TOTAL ASSETS | ||
Total Short-Term Assets | $2.599B | $1.888B |
Total Long-Term Assets | $19.44B | $19.34B |
Total Assets | $22.04B | $21.23B |
YoY Change | 3.81% | 93.32% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $553.1M | $304.4M |
YoY Change | 81.69% | 63.67% |
Accrued Expenses | $501.2M | $453.4M |
YoY Change | 10.54% | 15.97% |
Deferred Revenue | $349.4M | $170.5M |
YoY Change | 104.89% | |
Short-Term Debt | $74.10M | $30.31M |
YoY Change | 144.49% | |
Long-Term Debt Due | $74.10M | $223.6M |
YoY Change | -66.86% | |
Total Short-Term Liabilities | $1.554B | $1.160B |
YoY Change | 33.96% | 67.89% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $4.465B | $4.675B |
YoY Change | -4.48% | 224.64% |
Other Long-Term Liabilities | $554.3M | $539.6M |
YoY Change | 2.72% | 91.35% |
Total Long-Term Liabilities | $5.020B | $5.214B |
YoY Change | -3.74% | 202.81% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $1.554B | $1.160B |
Total Long-Term Liabilities | $5.020B | $5.214B |
Total Liabilities | $6.574B | $6.375B |
YoY Change | 3.12% | 160.61% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $1.275B | $1.975B |
YoY Change | -35.44% | |
Common Stock | $14.19B | $12.88B |
YoY Change | 10.17% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $15.47B | $14.86B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $22.04B | $21.23B |
YoY Change | 3.81% | 93.32% |
Cashflow Statement
Concept | 2022 Q2 | 2021 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$165.7M | -$88.20M |
YoY Change | 87.87% | -21.97% |
Depreciation, Depletion And Amortization | $348.2M | $180.5M |
YoY Change | 92.93% | 10.45% |
Cash From Operating Activities | $194.8M | -$13.70M |
YoY Change | -1521.9% | -107.8% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $36.90M | $21.40M |
YoY Change | 72.43% | -39.45% |
Acquisitions | $44.00M | $3.600B |
YoY Change | -98.78% | |
Other Investing Activities | -$100.0K | -$400.0K |
YoY Change | -75.0% | -39.85% |
Cash From Investing Activities | -$82.40M | -$3.625B |
YoY Change | -97.73% | 9348.41% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $50.90M | $40.60M |
YoY Change | 25.37% | 2.1% |
Common Stock Issuance & Retirement, Net | $15.00M | $0.00 |
YoY Change | -100.0% | |
Debt Paid & Issued, Net | $10.90M | $200.0M |
YoY Change | -94.55% | |
Cash From Financing Activities | -$260.9M | $3.412B |
YoY Change | -107.65% | -3008.49% |
NET CHANGE | ||
Cash From Operating Activities | $194.8M | -$13.70M |
Cash From Investing Activities | -$82.40M | -$3.625B |
Cash From Financing Activities | -$260.9M | $3.412B |
Net Change In Cash | -$148.5M | -$226.0M |
YoY Change | -34.29% | -1233.17% |
FREE CASH FLOW | ||
Cash From Operating Activities | $194.8M | -$13.70M |
Capital Expenditures | $36.90M | $21.40M |
Free Cash Flow | $157.9M | -$35.10M |
YoY Change | -549.86% | -125.02% |
Facts In Submission
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Stock Issued During Period Value Repurchase Of Convertible Notes
StockIssuedDuringPeriodValueRepurchaseOfConvertibleNotes
|
234300000 | USD |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
59700000 | USD |
CY2021Q2 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.06 | |
CY2021Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.06 | |
CY2021Q2 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
40600000 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-88200000 | USD |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
14855400000 | USD |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-165700000 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-88200000 | USD |
CY2022Q2 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
75700000 | USD |
CY2021Q2 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
51800000 | USD |
CY2022Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
131100000 | USD |
CY2021Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
92700000 | USD |
CY2022Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
272500000 | USD |
CY2021Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
128600000 | USD |
CY2022Q2 | mrvl |
Amortization Of Inventory Fair Value Adjustment Related With Acquisition
AmortizationOfInventoryFairValueAdjustmentRelatedWithAcquisition
|
9300000 | USD |
CY2021Q2 | mrvl |
Amortization Of Inventory Fair Value Adjustment Related With Acquisition
AmortizationOfInventoryFairValueAdjustmentRelatedWithAcquisition
|
13700000 | USD |
CY2022Q2 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-6700000 | USD |
CY2021Q2 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-31400000 | USD |
CY2022Q2 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
165000000.0 | USD |
CY2021Q2 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-22600000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
139500000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
58000000.0 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
142900000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-4400000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
125800000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
13200000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
61400000 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-51600000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-50000000.0 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-55700000 | USD |
CY2022Q2 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
97000000.0 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-47000000.0 | USD |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
194800000 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-13700000 | USD |
CY2022Q2 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
1600000 | USD |
CY2021Q2 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
3400000 | USD |
CY2022Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
36900000 | USD |
CY2021Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
21400000 | USD |
CY2022Q2 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
44000000.0 | USD |
CY2021Q2 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
3600200000 | USD |
CY2022Q2 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-100000 | USD |
CY2021Q2 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-400000 | USD |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-82400000 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-3624600000 | USD |
CY2022Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
15000000.0 | USD |
CY2021Q2 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
CY2022Q2 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
2500000 | USD |
CY2021Q2 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
500000 | USD |
CY2022Q2 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
137600000 | USD |
CY2021Q2 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
73200000 | USD |
CY2022Q2 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
50900000 | USD |
CY2021Q2 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
40600000 | USD |
CY2022Q2 | mrvl |
Payment On Technology License Obligation
PaymentOnTechnologyLicenseObligation
|
49000000.0 | USD |
CY2021Q2 | mrvl |
Payment On Technology License Obligation
PaymentOnTechnologyLicenseObligation
|
44100000 | USD |
CY2022Q2 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD |
CY2021Q2 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
3731100000 | USD |
CY2022Q2 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
10900000 | USD |
CY2021Q2 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
200000000.0 | USD |
CY2022Q2 | mrvl |
Payments For Repurchase And Settlement Of Convertible Debt
PaymentsForRepurchaseAndSettlementOfConvertibleDebt
|
0 | USD |
CY2021Q2 | mrvl |
Payments For Repurchase And Settlement Of Convertible Debt
PaymentsForRepurchaseAndSettlementOfConvertibleDebt
|
71100000 | USD |
CY2022Q2 | mrvl |
Proceeds From Capped Calls
ProceedsFromCappedCalls
|
0 | USD |
CY2021Q2 | mrvl |
Proceeds From Capped Calls
ProceedsFromCappedCalls
|
111200000 | USD |
CY2022Q2 | us-gaap |
Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
|
0 | USD |
CY2021Q2 | us-gaap |
Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
|
1500000 | USD |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-260900000 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3412300000 | USD |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-148500000 | USD |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-226000000.0 | USD |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
613500000 | USD |
CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
748500000 | USD |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
465000000.0 | USD |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
522500000 | USD |
CY2022Q2 | us-gaap |
Fiscal Period
FiscalPeriod
|
The Company’s fiscal year is the 52- or 53-week period ending on the Saturday closest to January 31. Accordingly, every fifth or sixth fiscal year will have a 53-week period. The additional week in a 53-week year is added to the fourth quarter, making such quarter consist of 14 weeks. Fiscal 2022 had a 52-week year. Fiscal 2023 is a 52-week year. | |
CY2022Q2 | us-gaap |
Use Of Estimates
UseOfEstimates
|
Use of EstimatesThe preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates, judgments and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent liabilities. On an ongoing basis, the Company evaluates its estimates, including those related to revenue recognition, provisions for sales returns and allowances, inventory excess and obsolescence, goodwill and other intangible assets, assets acquired and liabilities assumed in connection with acquisitions, restructuring, income taxes, litigation and other contingencies. Actual results could differ from these estimates and such differences could affect the results of operations reported in future periods. In the current macroeconomic environment affected by COVID-19, these estimates require increased judgment and carry a higher degree of variability and volatility. As events continue to evolve and additional information becomes available, these estimates may change materially in future periods. | |
CY2022Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
4588000000 | USD |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1446900000 | USD |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
832300000 | USD |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1446900000 | USD |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
832300000 | USD |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1446900000 | USD |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
832300000 | USD |
CY2022Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
4577100000 | USD |
CY2022Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
4577100000 | USD |
CY2022Q2 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
37700000 | USD |
CY2022Q1 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
40000000.0 | USD |
CY2022Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
4539400000 | USD |
CY2022Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
4548000000 | USD |
CY2022Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4465300000 | USD |
CY2022Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
4484800000 | USD |
CY2022Q2 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
32900000 | USD |
CY2021Q2 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
22100000 | USD |
CY2022Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
54700000 | USD |
CY2022Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
587500000 | USD |
CY2022Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
844400000 | USD |
CY2022Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
131200000 | USD |
CY2022Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
959400000 | USD |
CY2022Q2 | mrvl |
Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
|
1999900000 | USD |
CY2022Q2 | mrvl |
Standard Product Warranty Time Period
StandardProductWarrantyTimePeriod
|
P1Y | |
CY2022Q2 | mrvl |
Extended Product Warranty Period
ExtendedProductWarrantyPeriod
|
P1Y | |
CY2022Q2 | mrvl |
Loss Contingency Reserve
LossContingencyReserve
|
15000000 | USD |
CY2021Q2 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
1007400000 | USD |
CY2021Q2 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
-112700000 | USD |
CY2022Q2 | us-gaap |
Number Of Businesses Acquired
NumberOfBusinessesAcquired
|
2 | lender |
CY2022Q2 | us-gaap |
Goodwill
Goodwill
|
11500000000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
6975000000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
2115900000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
4859100000 | USD |
CY2022Q2 | us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P4Y11M8D | |
CY2022Q2 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
8004000000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
2115900000 | USD |
CY2022Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
5888100000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
7071100000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1946700000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
5124400000 | USD |
CY2022 | us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P5Y2M1D | |
CY2022Q1 | us-gaap |
Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
|
8100100000 | USD |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1946700000 | USD |
CY2022Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
6153400000 | USD |
CY2022Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
272500000 | USD |
CY2021Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
128600000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
785600000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
1039200000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
987100000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
939000000.0 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
788000000.0 | USD |
CY2022Q2 | mrvl |
Finite Lived Intangible Asset Amortization Expense After Year Four
FiniteLivedIntangibleAssetAmortizationExpenseAfterYearFour
|
320200000 | USD |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
4859100000 | USD |
CY2022Q2 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
1200000 | USD |
CY2022Q2 | us-gaap |
Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
|
700000 | USD |
CY2022Q2 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
199100000 | USD |
CY2022Q2 | us-gaap |
Other Long Term Investments
OtherLongTermInvestments
|
34900000 | USD |
CY2021Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2022Q1 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
1200000 | USD |
CY2022Q1 | us-gaap |
Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
|
700000 | USD |
CY2022Q1 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
179500000 | USD |
CY2022Q2 | us-gaap |
Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
1300000 | USD |
CY2021Q2 | us-gaap |
Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
12900000 | USD |
CY2022Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
5600000 | USD |
CY2022Q2 | us-gaap |
Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
|
1300000 | USD |
CY2022Q2 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
1600000 | USD |
CY2022Q2 | us-gaap |
Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
|
100000 | USD |
CY2022Q2 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
5200000 | USD |
CY2022Q2 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2022Q2 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2022Q2 | us-gaap |
Income Tax Holiday Income Tax Benefits Per Share
IncomeTaxHolidayIncomeTaxBenefitsPerShare
|
0.01 | |
CY2021Q2 | us-gaap |
Income Tax Holiday Income Tax Benefits Per Share
IncomeTaxHolidayIncomeTaxBenefitsPerShare
|
0 | |
CY2022Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
213600000 | USD |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
204900000 | USD |
CY2022Q2 | us-gaap |
Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
|
7200000 | USD |
CY2022Q2 | us-gaap |
Cash Cash Equivalents And Short Term Investments
CashCashEquivalentsAndShortTermInvestments
|
465000000 | USD |
CY2022Q2 | us-gaap |
Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfForeignSubsidiaries
|
272200000 | USD |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-165700000 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-88200000 | USD |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
848000000.0 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
693400000 | shares |
CY2022Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2022Q2 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares |
CY2021Q2 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
848000000.0 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
693400000 | shares |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.20 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.13 | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.20 | |
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.13 | |
CY2022Q2 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
661800000 | USD |
CY2022Q1 | us-gaap |
Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
|
578900000 | USD |
CY2022Q2 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
173700000 | USD |
CY2022Q1 | us-gaap |
Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
|
141400000 | USD |
CY2022Q2 | us-gaap |
Inventory Net
InventoryNet
|
835500000 | USD |
CY2022Q1 | us-gaap |
Inventory Net
InventoryNet
|
720300000 | USD |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1391500000 | USD |
CY2022Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1328200000 | USD |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
889300000 | USD |
CY2022Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
865400000 | USD |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
502200000 | USD |
CY2022Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
462800000 | USD |
CY2022Q2 | mrvl |
Technology Licenses
TechnologyLicenses
|
524600000 | USD |
CY2022Q1 | mrvl |
Technology Licenses
TechnologyLicenses
|
490200000 | USD |
CY2022Q2 | us-gaap |
Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
|
305000000.0 | USD |
CY2022Q1 | us-gaap |
Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
|
215900000 | USD |
CY2022Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
140500000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
142000000.0 | USD |
CY2022Q2 | us-gaap |
Prepaid Expense Other Noncurrent
PrepaidExpenseOtherNoncurrent
|
116100000 | USD |
CY2022Q1 | us-gaap |
Prepaid Expense Other Noncurrent
PrepaidExpenseOtherNoncurrent
|
54600000 | USD |
CY2022Q2 | us-gaap |
Other Long Term Investments
OtherLongTermInvestments
|
34900000 | USD |
CY2022Q1 | us-gaap |
Other Long Term Investments
OtherLongTermInvestments
|
30700000 | USD |
CY2022Q2 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
57600000 | USD |
CY2022Q1 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
61000000.0 | USD |
CY2022Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1178700000 | USD |
CY2022Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
994400000 | USD |
CY2022Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
349400000 | USD |
CY2022Q1 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
258600000 | USD |
CY2022Q2 | mrvl |
Contractual Obligation Current
ContractualObligationCurrent
|
116600000 | USD |
CY2022Q1 | mrvl |
Contractual Obligation Current
ContractualObligationCurrent
|
84200000 | USD |
CY2022Q2 | mrvl |
Deferred Non Recurring Engineering Credit
DeferredNonRecurringEngineeringCredit
|
53200000 | USD |
CY2022Q1 | mrvl |
Deferred Non Recurring Engineering Credit
DeferredNonRecurringEngineeringCredit
|
71200000 | USD |
CY2022Q2 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
38400000 | USD |
CY2022Q1 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
39000000.0 | USD |
CY2022Q2 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
37900000 | USD |
CY2022Q1 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
23300000 | USD |
CY2022Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
36800000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
38200000 | USD |
CY2022Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
19700000 | USD |
CY2022Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
20100000 | USD |
CY2022Q2 | us-gaap |
Accrued Royalties Current
AccruedRoyaltiesCurrent
|
18800000 | USD |
CY2022Q1 | us-gaap |
Accrued Royalties Current
AccruedRoyaltiesCurrent
|
17400000 | USD |
CY2022Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
64200000 | USD |
CY2022Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
70600000 | USD |
CY2022Q2 | mrvl |
Accrued And Contract Liabilities Current
AccruedAndContractLiabilitiesCurrent
|
735000000.0 | USD |
CY2022Q1 | mrvl |
Accrued And Contract Liabilities Current
AccruedAndContractLiabilitiesCurrent
|
622600000 | USD |
CY2022Q2 | mrvl |
Technology License Obligation Noncurrent
TechnologyLicenseObligationNoncurrent
|
318200000 | USD |
CY2022Q1 | mrvl |
Technology License Obligation Noncurrent
TechnologyLicenseObligationNoncurrent
|
304300000 | USD |
CY2022Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
137200000 | USD |
CY2022Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
140300000 | USD |
CY2022Q2 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
39700000 | USD |
CY2022Q1 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
34500000 | USD |
CY2022Q2 | mrvl |
Employee Related Liabilities Noncurrent
EmployeeRelatedLiabilitiesNoncurrent
|
37400000 | USD |
CY2022Q1 | mrvl |
Employee Related Liabilities Noncurrent
EmployeeRelatedLiabilitiesNoncurrent
|
35000000.0 | USD |
CY2022Q2 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
21800000 | USD |
CY2022Q1 | us-gaap |
Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
|
19000000.0 | USD |
CY2022Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
554300000 | USD |
CY2022Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
533100000 | USD |
CY2016Q4 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
1000000000 | USD |
CY2016Q4 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
3250000000 | USD |
CY2018Q4 | mrvl |
Stock Repurchase Program Additional Authorized Amount
StockRepurchaseProgramAdditionalAuthorizedAmount
|
700000000 | USD |
CY2022Q2 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
549500000 | USD |
CY2022Q2 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
300000 | shares |
CY2022Q2 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
15000000 | USD |