{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-07-10T14:59:44.497513+00:00","company":{"ticker":"MRVL","cik":1835632,"company_name":"Marvell Technology, Inc."},"pagination":{"limit":100,"returned":42,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). 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GAAP net loss for the fourth quarter of fiscal 2024 was $(392.7) million, or $(0.45) per diluted share.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001835632-24-000004","anchor_url":"https://secwatch.observer/filing/0001835632-24-000004#claim-247ead11f2192a362b2817d68b76dd791feea896","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1835632/000183563224000004/0001835632-24-000004-index.htm"},{"fact_type":"earnings_release","fact_key":"40a3f20a491808312e55533f893df49f83eacf08","cik":1835632,"ticker":"MRVL","company_name":"Marvell Technology, Inc.","filed_at":"2023-11-30T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$(164.3) million, or $(0.19) per diluted share","period_text":"third quarter of fiscal 2024 ended October 28, 2023","report_date":"2023-11-30","result_type":"reported_results","revenue_text":"$1.419 billion"},"claim":"Marvell Technology, Inc. reported third quarter of fiscal 2024 ended October 28, 2023 results: revenue $1.419 billion, net income $(164.3) million, or $(0.19) per diluted share.","evidence_excerpt":"2 q324_8kx10282023ex-991.htm EXHIBIT 99.1 Document Exhibit 99.1 Marvell Technology, Inc. Reports Third Quarter of Fiscal Year 2024 Financial Results • Q3 Net Revenue: $1.419 billion, declined by 8% year-on-year • Q3 Gross Margin: 38.9% GAAP gross margin; 60.6% non-GAAP gross margin • Q3 Diluted income (loss) per share: $(0.19) GAAP diluted loss per share;","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001835632-23-000044","anchor_url":"https://secwatch.observer/filing/0001835632-23-000044#claim-40a3f20a491808312e55533f893df49f83eacf08","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1835632/000183563223000044/0001835632-23-000044-index.htm"},{"fact_type":"shareholder_vote","fact_key":"723b1a15d44783ab9d4ef77a9d9d659f03d7f6f4","cik":1835632,"ticker":"MRVL","company_name":"Marvell Technology, Inc.","filed_at":"2023-11-03T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":null,"outcome":"passed","proposal_text":"Advisory vote on the frequency of say on pay votes (annual basis recommended by Board and approved by stockholders)","proposal_type":"say_on_pay_frequency","results":[]},"claim":"Marvell Technology, Inc. shareholders approved Advisory vote on the frequency of say on pay votes (annual basis recommended by Board and approved by stockholders).","evidence_excerpt":"The Company will hold future say on pay votes on an annual basis, as was recommended by the Company’s Board of Directors in the Proxy Statement for the 2023 Annual Meeting and was subsequently approved by a majority of the Company’s stockholders","confidence":0.3,"filing_url":"https://secwatch.observer/filing/0001193125-23-270372","anchor_url":"https://secwatch.observer/filing/0001193125-23-270372#claim-723b1a15d44783ab9d4ef77a9d9d659f03d7f6f4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1835632/000119312523270372/0001193125-23-270372-index.htm"},{"fact_type":"material_agreement","fact_key":"98e757b0492a3346cb67be76772ddea792c9ee05","cik":1835632,"ticker":"MRVL","company_name":"Marvell Technology, Inc.","filed_at":"2023-09-18T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Underwriting Agreement for public offering of Senior Notes","agreement_type":"underwriting","counterparty":"underwriters","effective_date":"2023-09-18","item_codes_triggered":["1.01"],"value_text":"Net proceeds of approximately $989.0 million after underwriting discount"},"claim":"Marvell Technology, Inc. entered into Underwriting Agreement for public offering of Senior Notes with underwriters valued at Net proceeds of approximately $989.0 million after underwriting discount (effective 2023-09-18).","evidence_excerpt":"The net proceeds from the sale of the Notes were approximately $989.0 million after deducting the underwriters’ discount but before other expenses and will be used for repayment of debt, including amounts outstanding under the Company’s term loans due in 2024 and its revolving credit agreement.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-23-236966","anchor_url":"https://secwatch.observer/filing/0001193125-23-236966#claim-98e757b0492a3346cb67be76772ddea792c9ee05","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1835632/000119312523236966/0001193125-23-236966-index.htm"},{"fact_type":"material_agreement","fact_key":"97e90acbf5b667420bf81196adf63185963ea4c5","cik":1835632,"ticker":"MRVL","company_name":"Marvell Technology, Inc.","filed_at":"2023-09-18T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Third Supplemental Indenture dated September 18, 2023","agreement_type":"notes_offering","counterparty":"U.S. Bank Trust Company, National Association","effective_date":"2023-09-18","item_codes_triggered":["1.01"],"value_text":"$1,000,000,000 aggregate principal amount of 5.750% Senior Notes due 2029 and 5.950% Senior Notes du"},"claim":"Marvell Technology, Inc. entered into Third Supplemental Indenture dated September 18, 2023 with U.S. Bank Trust Company, National Association valued at $1,000,000,000 aggregate principal amount of 5.750% Senior Notes due 2029 and 5.950% Senior Notes du (effective 2023-09-18).","evidence_excerpt":"On September 18, 2023, Marvell Technology, Inc. (the “Company”) completed a public offering of $500,000,000 aggregate principal amount of its 5.750% Senior Notes due 2029 (the “2029 Notes”) and $500,000,000 aggregate principal amount of its 5.950% Senior Notes due 2033 (the “2033 Notes” and, together with the 2029 Notes, the “Notes”).","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001193125-23-236966","anchor_url":"https://secwatch.observer/filing/0001193125-23-236966#claim-97e90acbf5b667420bf81196adf63185963ea4c5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1835632/000119312523236966/0001193125-23-236966-index.htm"},{"fact_type":"earnings_release","fact_key":"a77b6cce2ebf39beb2c67e107416b2157421b814","cik":1835632,"ticker":"MRVL","company_name":"Marvell Technology, Inc.","filed_at":"2023-08-24T23:59:59+00:00","payload":{"eps_text":"$(0.24) per diluted share","guidance_signal":"initiated","item_codes_triggered":["2.02"],"net_income_text":"$(207.5) million","period_text":"the second quarter of fiscal year 2024","report_date":"2023-08-24","result_type":"reported_results","revenue_text":"$1.341 billion"},"claim":"Marvell Technology, Inc. reported the second quarter of fiscal year 2024 results: revenue $1.341 billion, net income $(207.5) million, EPS $(0.24) per diluted share. Guidance initiated.","evidence_excerpt":"Net revenue for the second quarter of fiscal 2024 was $1.341 billion, $11 million above the midpoint of the Company’s guidance provided on May 25, 2023. GAAP net loss for the second quarter of fiscal 2024 was $(207.5) million, or $(0.24) per diluted share.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001835632-23-000036","anchor_url":"https://secwatch.observer/filing/0001835632-23-000036#claim-a77b6cce2ebf39beb2c67e107416b2157421b814","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1835632/000183563223000036/0001835632-23-000036-index.htm"},{"fact_type":"shareholder_vote","fact_key":"50d1382eae20000a0969bd9da173c40a3eb9d86f","cik":1835632,"ticker":"MRVL","company_name":"Marvell Technology, Inc.","filed_at":"2023-06-16T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-06-16","outcome":"passed","proposal_text":"Ratification of Deloitte & Touche LLP as independent registered public accounting firm","proposal_type":"auditor_ratification","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"796,132","votes_against":"1,313,859","votes_for":"752,173,853","votes_withheld":null}]},"claim":"Marvell Technology, Inc. shareholders approved Ratification of Deloitte & Touche LLP as independent registered public accounting firm at the 2023-06-16 meeting.","evidence_excerpt":"The proposal to approve the ratification of the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for its fiscal year ending February , 2023, was approved based upon the following votes: FOR AGAINST ABSTAIN TOTAL 752,173,853 1,313,859 796,132 754,283,844","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-169006","anchor_url":"https://secwatch.observer/filing/0001193125-23-169006#claim-50d1382eae20000a0969bd9da173c40a3eb9d86f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1835632/000119312523169006/0001193125-23-169006-index.htm"},{"fact_type":"shareholder_vote","fact_key":"aac06d591ecd89d9ca189d05a6ef312a8c732445","cik":1835632,"ticker":"MRVL","company_name":"Marvell Technology, Inc.","filed_at":"2023-06-16T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-06-16","outcome":"passed","proposal_text":"Frequency of say on pay vote","proposal_type":"say_on_pay_frequency","results":[{"broker_non_votes":"93,373,559","subject":null,"votes_abstain":"980,121","votes_against":"333,818","votes_for":"654,777,829","votes_withheld":null}]},"claim":"Marvell Technology, Inc. shareholders approved Frequency of say on pay vote at the 2023-06-16 meeting.","evidence_excerpt":"The proposal related to the frequency of the say on pay vote. 1 YEAR 2 YEARS 3 YEARS ABSTAIN BROKER NON- VOTE TOTAL 654,777,829 333,818 4,818,517 980,121 93,373,559 754,283,844","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-169006","anchor_url":"https://secwatch.observer/filing/0001193125-23-169006#claim-aac06d591ecd89d9ca189d05a6ef312a8c732445","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1835632/000119312523169006/0001193125-23-169006-index.htm"},{"fact_type":"shareholder_vote","fact_key":"170ef12fc4282a0ee29e07a31b637b58742c09a4","cik":1835632,"ticker":"MRVL","company_name":"Marvell Technology, Inc.","filed_at":"2023-06-16T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-06-16","outcome":"passed","proposal_text":"Advisory approval of named executive officer compensation","proposal_type":"say_on_pay","results":[{"broker_non_votes":"93,373,559","subject":null,"votes_abstain":"971,070","votes_against":"68,081,570","votes_for":"591,857,645","votes_withheld":null}]},"claim":"Marvell Technology, Inc. shareholders approved Advisory approval of named executive officer compensation at the 2023-06-16 meeting.","evidence_excerpt":"The proposal to approve, on an advisory non-binding basis, the compensation of the Company’s named executive officers, was approved based upon the following votes: FOR AGAINST ABSTAIN BROKER NON- VOTE TOTAL 591,857,645 68,081,570 971,070 93,373,559 754,283,844","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-169006","anchor_url":"https://secwatch.observer/filing/0001193125-23-169006#claim-170ef12fc4282a0ee29e07a31b637b58742c09a4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1835632/000119312523169006/0001193125-23-169006-index.htm"},{"fact_type":"shareholder_vote","fact_key":"05df7a3274eb2824b5447ad20edf3fce9e981432","cik":1835632,"ticker":"MRVL","company_name":"Marvell Technology, Inc.","filed_at":"2023-06-16T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-06-16","outcome":"passed","proposal_text":"Election of Directors","proposal_type":"director_election","results":[{"broker_non_votes":"93,373,559","subject":"Sara Andrews","votes_abstain":"767,493","votes_against":"685,461","votes_for":"659,457,331","votes_withheld":null},{"broker_non_votes":"93,373,559","subject":"Tudor Brown","votes_abstain":"772,878","votes_against":"14,690,314","votes_for":"645,447,093","votes_withheld":null},{"broker_non_votes":"93,373,559","subject":"Brad Buss","votes_abstain":"771,021","votes_against":"25,239,758","votes_for":"634,899,506","votes_withheld":null},{"broker_non_votes":"93,373,559","subject":"Rebecca House","votes_abstain":"797,020","votes_against":"11,041,125","votes_for":"649,072,140","votes_withheld":null},{"broker_non_votes":"93,373,559","subject":"Marachel Knight","votes_abstain":"769,585","votes_against":"2,121,328","votes_for":"658,019,372","votes_withheld":null},{"broker_non_votes":"93,373,559","subject":"Matthew J. Murphy","votes_abstain":"1,771,007","votes_against":"20,146,607","votes_for":"638,992,671","votes_withheld":null},{"broker_non_votes":"93,373,559","subject":"Michael Strachan","votes_abstain":"779,898","votes_against":"2,610,106","votes_for":"657,520,281","votes_withheld":null},{"broker_non_votes":"93,373,559","subject":"Robert E. Switz","votes_abstain":"860,552","votes_against":"34,407,696","votes_for":"625,642,037","votes_withheld":null},{"broker_non_votes":"93,373,559","subject":"Ford Tamer","votes_abstain":"771,607","votes_against":"1,763,049","votes_for":"658,375,629","votes_withheld":null}]},"claim":"Marvell Technology, Inc. shareholders approved Election of Directors at the 2023-06-16 meeting.","evidence_excerpt":"The nominees for election to the Board were elected, each for a one-year term until the 2023 Annual Meeting of Shareholders, based upon the following votes: FOR AGAINST ABSTAIN BROKER NON-VOTE TOTAL Sara Andrews 659,457,331 685,461 767,493 93,373,559 754,283,844 Tudor Brown 645,447,093 14,690,314 772,878 93,373,559 754,283,844 Brad Buss 634,899,506 25,239,758 771,021 93,373,559 754,283,844 Rebecca House 649,072,140 11,041,125 797,020 93,373,559 754,283,844 Marachel Knight 658,019,372 2,121,328 769,585 93,373,559 754,283,844 Matthew J. Murphy 638,992,671 20,146,607 1,771,007 93,373,559 754,283,844 Michael Strachan 657,520,281 2,610,106 779,898 93,373,559 754,283,844 Robert E. Switz 625,642,037 34,407,696 860,552 93,373,559 754,283,844 Ford Tamer 658,375,629 1,763,049 771,607 93,373,559 754,283,844","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-169006","anchor_url":"https://secwatch.observer/filing/0001193125-23-169006#claim-05df7a3274eb2824b5447ad20edf3fce9e981432","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1835632/000119312523169006/0001193125-23-169006-index.htm"},{"fact_type":"earnings_release","fact_key":"69062982580e8adbb60fad0902c8e2fd8fef66b3","cik":1835632,"ticker":"MRVL","company_name":"Marvell Technology, Inc.","filed_at":"2023-05-25T23:59:59+00:00","payload":{"eps_text":"$(0.20) per diluted share","guidance_signal":"reaffirmed","item_codes_triggered":["2.02"],"net_income_text":"$(168.9) million","period_text":"first quarter of fiscal 2024 ended April 29, 2023","report_date":"2023-05-25","result_type":"reported_results","revenue_text":"$1.322 billion"},"claim":"Marvell Technology, Inc. reported first quarter of fiscal 2024 ended April 29, 2023 results: revenue $1.322 billion, net income $(168.9) million, EPS $(0.20) per diluted share. Guidance reaffirmed.","evidence_excerpt":"Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today reported financial results for the first quarter of fiscal year 2024. Net revenue for the first quarter of fiscal 2024 was $1.322 billion, $22 million above the midpoint of the Company’s guidance provided on March 2, 2023. GAAP net loss for the first quarter of fiscal 2024 was $(168.9) million, or $(0.20) per diluted share.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001835632-23-000022","anchor_url":"https://secwatch.observer/filing/0001835632-23-000022#claim-69062982580e8adbb60fad0902c8e2fd8fef66b3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1835632/000183563223000022/0001835632-23-000022-index.htm"},{"fact_type":"debt_financing","fact_key":"6ffef63d409cd6b34b20f2a9792bb39d78d97b7d","cik":1835632,"ticker":"MRVL","company_name":"Marvell Technology, Inc.","filed_at":"2023-04-17T23:59:59+00:00","payload":{"counterparty":"JPMorgan Chase Bank, N.A., as the administrative agent","effective_date":"2023-04-14","event":"amendment","instrument_type":"credit_facility","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":null,"principal_text":null},"claim":"Marvell Technology, Inc. amended credit facility with JPMorgan Chase Bank, N.A., as the administrative agent.","evidence_excerpt":"The Amendment amends and modifies the Existing Credit Agreement to, among other things, adopt SOFR interest rates and conform the maximum leverage ratio financial covenant with the Revolving Credit Agreement","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-103639","anchor_url":"https://secwatch.observer/filing/0001193125-23-103639#claim-6ffef63d409cd6b34b20f2a9792bb39d78d97b7d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1835632/000119312523103639/0001193125-23-103639-index.htm"},{"fact_type":"debt_financing","fact_key":"b87f5021995115b993c536e7099394f046d7d2f3","cik":1835632,"ticker":"MRVL","company_name":"Marvell Technology, Inc.","filed_at":"2023-04-17T23:59:59+00:00","payload":{"counterparty":null,"effective_date":"2023-04-14","event":"amendment","instrument_type":"revolving_credit","interest_rate_text":"adjusted term SOFR rate plus a margin based on ratings, which margin initially e","item_codes_triggered":["2.03"],"maturity_text":"fifth anniversary of the date of execution of the Revolving Credit Agreement","principal_text":"up to $1.0 billion"},"claim":"Marvell Technology, Inc. amended revolving credit of up to $1.0 billion at adjusted term SOFR rate plus a margin based on ratings, which margin initially e maturing fifth anniversary of the date of execution of the Revolving Credit Agreement.","evidence_excerpt":"The Revolving Credit Agreement provides for borrowings of up to $1.0 billion in the form of revolving loans","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-103639","anchor_url":"https://secwatch.observer/filing/0001193125-23-103639#claim-b87f5021995115b993c536e7099394f046d7d2f3","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1835632/000119312523103639/0001193125-23-103639-index.htm"},{"fact_type":"material_agreement","fact_key":"6cc49848afd2d1add9cbde0488c3c2f6e7668a60","cik":1835632,"ticker":"MRVL","company_name":"Marvell Technology, Inc.","filed_at":"2023-04-17T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"First Amendment to Credit Agreement","agreement_type":"credit_facility","counterparty":"JPMorgan Chase Bank, N.A., as the administrative agent","effective_date":"2023-04-14","item_codes_triggered":["1.01"],"value_text":null},"claim":"Marvell Technology, Inc. amended First Amendment to Credit Agreement with JPMorgan Chase Bank, N.A., as the administrative agent (effective 2023-04-14).","evidence_excerpt":"On April 14, 2023, Marvell entered into First Amendment to Credit Agreement by and among Marvell, the lenders party thereto, and JPMorgan Chase Bank, N.A., as the administrative agent (the “ Amendment ”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-103639","anchor_url":"https://secwatch.observer/filing/0001193125-23-103639#claim-6cc49848afd2d1add9cbde0488c3c2f6e7668a60","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1835632/000119312523103639/0001193125-23-103639-index.htm"},{"fact_type":"material_agreement","fact_key":"60f90930ae88a84cf4f5a42045e5a430abcfbb95","cik":1835632,"ticker":"MRVL","company_name":"Marvell Technology, Inc.","filed_at":"2023-04-17T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Revolving Credit Agreement","agreement_type":"credit_facility","counterparty":"Bank of America, N.A., as the administrative agent","effective_date":"2023-04-14","item_codes_triggered":["1.01"],"value_text":"up to $1.0 billion"},"claim":"Marvell Technology, Inc. entered into Revolving Credit Agreement with Bank of America, N.A., as the administrative agent valued at up to $1.0 billion (effective 2023-04-14).","evidence_excerpt":"On April 14, 2023, Marvell Technology, Inc. (“ Marvell ” or the “ Company ”) entered into an amended and restated revolving credit agreement by and among Marvell, the lenders party thereto (each, a “ Revolving Lender ”) and Bank of America, N.A., as the administrative agent (the “ Revolving Credit Agreement ”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-103639","anchor_url":"https://secwatch.observer/filing/0001193125-23-103639#claim-60f90930ae88a84cf4f5a42045e5a430abcfbb95","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1835632/000119312523103639/0001193125-23-103639-index.htm"},{"fact_type":"governance_change","fact_key":"cec5707296ab4b3a64b3aa2e2459de08fc07aad8","cik":1835632,"ticker":"MRVL","company_name":"Marvell Technology, Inc.","filed_at":"2023-03-15T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2023-03-14","item_codes_triggered":["5.03"],"summary_text":"Amendment to Certificate of Incorporation to change registered agent and registered address"},"claim":"Marvell Technology, Inc.: Amendment to Certificate of Incorporation to change registered agent and registered address (effective 2023-03-14).","evidence_excerpt":"On March 14, 2023, the Board of Directors of Marvell Technology, Inc. (the “Company”) approved an amendment (the “Amendment”) to the Company’s Amended and Restated Certificate of Incorporation to change the Company’s registered agent and the Company’s registered address.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-23-071340","anchor_url":"https://secwatch.observer/filing/0001193125-23-071340#claim-cec5707296ab4b3a64b3aa2e2459de08fc07aad8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1835632/000119312523071340/0001193125-23-071340-index.htm"},{"fact_type":"earnings_release","fact_key":"c8bb4e4e4a043545bd0501852c9b96c3b59ac3b7","cik":1835632,"ticker":"MRVL","company_name":"Marvell Technology, Inc.","filed_at":"2023-03-02T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"the fourth quarter and fiscal year 2023 ended January 28, 2023","report_date":"2023-03-02","result_type":"reported_results","revenue_text":null},"claim":"Marvell Technology, Inc. reported financial results for the fourth quarter and fiscal year 2023 ended January 28, 2023.","evidence_excerpt":"On March 2, 2023, Marvell Technology, Inc. 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