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Marvell Technology, Inc.(MRVL)Earnings, Financials & Key Ratios
MRVL•NASDAQ
$168.75
$146.14B mkt cap·55.0× P/E·Price updated May 6, 2026
AboutMarvell Technology, Inc., together with its subsidiaries, designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a portfolio of Ethernet solutions, including controllers, network adapters, physical transceivers, and switches; single or multiple core processors; ASIC; and printer System-on-a-Chip products and application processors. The company also provides a range of storage products comprising storage controllers for hard disk drives (HDD) and solid-state drives that support various host system interfaces consisting of serial attached SCSI (SAS), serial advanced technology attachment (SATA), peripheral component interconnect express, non-volatile memory express (NVMe), and NVMe over fabrics; and fiber channel products, including host bus adapters, and controllers for server and storage system connectivity. It has operations in the United States, China, Malaysia, the Philippines, Thailand, Singapore, India, Israel, Japan, South Korea, Taiwan, and Vietnam. Marvell Technology, Inc. was incorporated in 1995 and is headquartered in Wilmington, Delaware.Show more
- Revenue$8.19B+42.1%
- EBITDA$1.32B+107.8%
- Net Income$2.67B+401.7%
- EPS (Diluted)3.07+401.0%
- Gross Margin51.02%+23.5%
- EBITDA Margin16.14%+46.3%
- Operating Margin16.14%+229.3%
- Net Margin32.58%+312.3%
- ROE19.25%+407.4%
- ROIC6.02%+295.6%
- Debt/Equity0.31-3.4%
- Interest Coverage6.53+271.7%
MRVL Key Insights
Marvell Technology, Inc. (MRVL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 7/9
- ✓FCF machine: 17.0% free cash flow margin
- ✓Momentum leader: RS Rating 96 (top 4%)
- ✓Strong 5Y sales CAGR of 22.5%
- ✓Trading near 52-week high
✗Weaknesses
- ✗Weak 3Y average ROE of 2.3%
- ✗Expensive at 10.3x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
MRVL Price & Volume
Marvell Technology, Inc. (MRVL) stock price & volume — 10-year historical chart
Loading chart...
MRVL Growth Metrics
Marvell Technology, Inc. (MRVL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years11.95%
5 Years22.51%
3 Years11.45%
TTM42.09%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM401.71%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM400.98%
Return on Capital
10 Years1.49%
5 Years-0.14%
3 Years0.13%
Last Year7.1%
MRVL Recent Earnings
Marvell Technology, Inc. (MRVL) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
Mar 5, 2026EPS
$0.80
Est $0.79
+1.0%
Revenue
$2.2B
Est $2.2B
+0.5%
Q4 2025
Dec 2, 2025EPS
$0.76
Est $0.74
+2.3%
Revenue
$2.1B
Est $2.1B
+0.3%
Q3 2025
Aug 28, 2025EPS
$0.67
Est $0.67
-0.4%
Revenue
$2.0B
Est $2.0B
-0.2%
Q2 2025
May 29, 2025EPS
$0.62
Est $0.61
+1.3%
Revenue
$1.9B
Est $1.9B
+1.0%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 5, 2026 | $0.80vs $0.79+1.0% | $2.2Bvs $2.2B+0.5% |
| Q4 2025 | Dec 2, 2025 | $0.76vs $0.74+2.3% | $2.1Bvs $2.1B+0.3% |
| Q3 2025 | Aug 28, 2025 | $0.67vs $0.67-0.4% | $2.0Bvs $2.0B-0.2% |
| Q2 2025 | May 29, 2025 | $0.62vs $0.61+1.3% | $1.9Bvs $1.9B+1.0% |
Based on last 12 quarters of dataView full earnings history →
MRVL Peer Comparison
Marvell Technology, Inc. (MRVL) competitors in Analog, Mixed-Signal and RF Chips — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 AVGO | 2.03T | 427.45 | 89.61 | 23.87% | 36.57% | 32.86% | 1.33% | 0.80 |
 QCOM | 196.63B | 186.56 | 37.24 | 13.66% | 22.31% | 40.19% | 6.52% | 0.77 |
 MCHP | 53.29B | 98.48 | -9999 | -42.35% | -2.21% | -1.42% | 1.45% | 0.80 |
 SWKS | 10.93B | 72.65 | 23.59 | -2.18% | 8.93% | 6.3% | 10.12% | 0.21 |
 MPWR | 78.03B | 1588.72 | 124.61 | 26.43% | 22.07% | 17.89% | 0.85% | 0.01 |
 CRUS | 8.95B | 171.22 | 28.54 | 5.99% | 20.47% | 18.74% | 4.64% | 0.07 |
 SLAB | 7.19B | 218.27 | -110.24 | 34.29% | -8.27% | -5.93% | 0.91% | |
 MTSI | 22.77B | 303.57 | -415.85 | 32.58% | 15.88% | 11.98% | 0.85% | 0.41 |
Compare MRVL vs Peers
Marvell Technology, Inc. (MRVL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MRVL Income Statement
Marvell Technology, Inc. (MRVL) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Jan'18 | Jan'19 | Jan'20 | Jan'21 | Jan'22 | Jan'23 | Jan'24 | Jan'25 | Jan'26 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 2.41B | 2.87B | 2.7B | 2.97B | 4.46B | 5.92B | 5.51B | 5.77B | 8.19B |
| Revenue Growth % | 4.7% | 18.95% | -5.81% | 9.99% | 50.3% | 32.66% | -6.96% | 4.71% | 42.09% |
| Cost of Goods Sold | 947.23M | 1.41B | 1.34B | 1.48B | 2.4B | 2.93B | 3.21B | 3.39B | 4.01B |
| COGS % of Revenue | 39.32% | 49.11% | 49.73% | 49.87% | 53.74% | 49.53% | 58.36% | 58.69% | 48.98% |
| Gross Profit | 1.46B▲ 0% | 1.46B▼ 0.2% | 1.36B▼ 7.0% | 1.49B▲ 9.7% | 2.06B▲ 38.7% | 2.99B▲ 44.7% | 2.29B▼ 23.2% | 2.38B▲ 3.9% | 4.18B▲ 75.5% |
| Gross Margin % | 60.68% | 50.89% | 50.27% | 50.13% | 46.26% | 50.47% | 41.64% | 41.31% | 51.02% |
| Gross Profit Growth % | 13.36% | -0.24% | -6.96% | 9.68% | 38.7% | 44.73% | -23.23% | 3.86% | 75.5% |
| Operating Expenses | 959.72M | 1.28B | 1.54B | 1.75B | 2.41B | 2.75B | 2.86B | 3.1B | 2.86B |
| OpEx % of Revenue | 39.84% | 44.83% | 57.04% | 58.83% | 54.05% | 46.45% | 51.95% | 53.79% | 34.87% |
| Selling, General & Admin | 239.49M | 370.66M | 464.58M | 467.2M | 955.3M | 843.6M | 834M | 798.2M | 767.1M |
| SG&A % of Revenue | 9.94% | 12.93% | 17.21% | 15.74% | 21.41% | 14.25% | 15.14% | 13.84% | 9.36% |
| Research & Development | 720.23M | 914.01M | 1.08B | 1.07B | 1.42B | 1.78B | 1.9B | 1.95B | 2.08B |
| R&D % of Revenue | 29.9% | 31.89% | 40.03% | 36.13% | 31.92% | 30.14% | 34.43% | 33.82% | 25.32% |
| Other Operating Expenses | 0 | 0 | 0 | 206.8M | 32.4M | 121.6M | 131.1M | 353.9M | 15.5M |
| Operating Income | 502.22M▲ 0% | 173.72M▼ 65.4% | -182.73M▼ 205.2% | -258.4M▼ 41.4% | -347.7M▼ 34.6% | 238M▲ 168.4% | -567.7M▼ 338.5% | -720.3M▼ 26.9% | 1.32B▲ 283.7% |
| Operating Margin % | 20.85% | 6.06% | -6.77% | -8.7% | -7.79% | 4.02% | -10.31% | -12.49% | 16.14% |
| Operating Income Growth % | 116.44% | -65.41% | -205.18% | -41.41% | -34.56% | 168.45% | -338.53% | -26.88% | 283.66% |
| EBITDA | 589.28M | 481.02M | 342.01M | 383.1M | 897.6M | 1.63B | 830M | 636.6M | 1.32B |
| EBITDA Margin % | 24.46% | 16.79% | 12.67% | 12.9% | 20.11% | 27.54% | 15.07% | 11.04% | 16.14% |
| EBITDA Growth % | 68.11% | -18.37% | -28.9% | 12.01% | 134.3% | 81.63% | -49.09% | -23.3% | 107.81% |
| D&A (Non-Cash Add-back) | 87.06M | 307.3M | 524.74M | 641.5M | 1.25B | 1.39B | 1.4B | 1.36B | 0 |
| EBIT | 451.89M | 55.72M | 884.01M | -252.9M | -344.2M | 255.7M | -547M | -705.3M | 1.32B |
| Net Interest Income | 16.7M | -48.44M | -80.81M | -66.7M | -138.5M | -152.9M | -191M | -174.4M | -202.6M |
| Interest Income | 17.38M | 11.93M | 4.82M | 2.6M | 800K | 17.7M | 20.7M | 15M | 0 |
| Interest Expense | 685K | 60.36M | 85.63M | 69.3M | 139.3M | 170.6M | 211.7M | 189.4M | 202.6M |
| Other Income/Expense | -51.02M | -178.37M | 981.11M | -63.8M | -135.8M | -152.9M | -191M | -174.4M | 1.72B |
| Pretax Income | 451.2M▲ 0% | -4.65M▼ 101.0% | 798.38M▲ 17280.6% | -322.2M▼ 140.4% | -483.5M▼ 50.1% | 85.1M▲ 117.6% | -758.7M▼ 991.5% | -894.7M▼ 17.9% | 3.05B▲ 440.5% |
| Pretax Margin % | 18.73% | -0.16% | 29.58% | -10.85% | -10.84% | 1.44% | -13.78% | -15.51% | 37.18% |
| Income Tax | 18.06M | 174.45M | -786.01M | -44.9M | -62.5M | 248.6M | 174.7M | -9.7M | 376.5M |
| Effective Tax Rate % | 4% | -3753.97% | -98.45% | 13.94% | 12.93% | 292.13% | -23.03% | 1.08% | 12.36% |
| Net Income | 432.43M▲ 0% | -179.09M▼ 141.4% | 1.58B▲ 984.7% | -277.3M▼ 117.5% | -421M▼ 51.8% | -163.5M▲ 61.2% | -933.4M▼ 470.9% | -885M▲ 5.2% | 2.67B▲ 401.7% |
| Net Margin % | 17.95% | -6.25% | 58.7% | -9.34% | -9.43% | -2.76% | -16.95% | -15.35% | 32.58% |
| Net Income Growth % | 1944.47% | -141.42% | 984.67% | -117.5% | -51.82% | 61.16% | -470.89% | 5.19% | 401.71% |
| Net Income (Continuing) | 433.14M | -179.09M | 1.58B | -277.3M | -421M | -163.5M | -933.4M | -885M | 2.67B |
| Discontinued Operations | -717K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.85▲ 0% | -0.30▼ 135.3% | 2.34▲ 880.0% | -0.41▼ 117.5% | -0.53▼ 29.3% | -0.19▲ 64.2% | -1.08▼ 468.4% | -1.02▲ 5.6% | 3.07▲ 401.0% |
| EPS Growth % | 2025% | -135.29% | 880% | -117.52% | -29.27% | 64.15% | -468.42% | 5.56% | 400.98% |
| EPS (Basic) | 0.87 | -0.30 | 2.38 | -0.41 | -0.53 | -0.19 | -1.08 | -1.02 | 3.10 |
| Diluted Shares Outstanding | 509.67M | 591.23M | 676.09M | 668.77M | 796.86M | 851.4M | 861.3M | 865.5M | 869.7M |
| Basic Shares Outstanding | 498.01M | 591.23M | 664.71M | 668.77M | 796.86M | 851.4M | 861.3M | 865.5M | 861M |
| Dividend Payout Ratio | 27.58% | - | 10.07% | - | - | - | - | - | 7.68% |
MRVL Balance Sheet
Marvell Technology, Inc. (MRVL) balance sheet — assets, liabilities & shareholders' equity
| Line item | Jan'18 | Jan'19 | Jan'20 | Jan'21 | Jan'22 | Jan'23 | Jan'24 | Jan'25 | Jan'26 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 2.36B | 1.4B | 1.54B | 1.62B | 2.49B | 3.28B | 3.06B | 3.12B | 6.46B |
| Cash & Short-Term Investments | 1.84B | 582.41M | 647.6M | 748.47M | 613.5M | 911M | 950.8M | 948.3M | 2.64B |
| Cash Only | 888.48M | 582.41M | 647.6M | 748.47M | 613.5M | 911M | 950.8M | 948.3M | 2.64B |
| Short-Term Investments | 952.79M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 280.39M | 493.12M | 492.35M | 536.67M | 1.05B | 1.19B | 1.12B | 1.03B | 2.19B |
| Days Sales Outstanding | 42.48 | 62.81 | 66.58 | 65.98 | 85.77 | 73.51 | 74.33 | 65.09 | 97.39 |
| Inventory | 170.04M | 276M | 322.98M | 268.23M | 720.3M | 1.07B | 864.4M | 1.03B | 1.39B |
| Days Inventory Outstanding | 65.52 | 71.58 | 87.83 | 66.12 | 109.63 | 132.99 | 98.16 | 111.03 | 126.22 |
| Other Current Assets | 30.77M | 0 | 0 | 0 | -3K | 109.6M | 125.9M | 113.9M | 247.2M |
| Total Non-Current Assets | 2.34B | 8.62B | 9.6B | 9.15B | 19.62B | 19.24B | 18.17B | 17.08B | 15.82B |
| Property, Plant & Equipment | 202.22M | 318.98M | 468M | 427.54M | 604.8M | 788.7M | 959.6M | 1.04B | 935M |
| Fixed Asset Turnover | 11.91x | 8.98x | 5.77x | 6.94x | 7.38x | 7.51x | 5.74x | 5.56x | 8.76x |
| Goodwill | 1.99B | 5.49B | 5.34B | 5.34B | 11.51B | 11.59B | 11.59B | 11.59B | 11.06B |
| Intangible Assets | 87.54M | 2.69B | 3.04B | 2.51B | 6.64B | 5.54B | 4.35B | 3.11B | 1.75B |
| Long-Term Investments | 2.2M | 0 | 0 | 7.65M | 30.7M | 36.1M | 45.8M | 48.2M | 0 |
| Other Non-Current Assets | 38.43M | 109.59M | 108.31M | 190.27M | 331.5M | 821.9M | 906.9M | 899.5M | 1.73B |
| Total Assets | 4.71B▲ 0% | 10.02B▲ 112.7% | 11.13B▲ 11.1% | 10.76B▼ 3.3% | 22.11B▲ 105.4% | 22.52B▲ 1.9% | 21.23B▼ 5.7% | 20.2B▼ 4.8% | 22.29B▲ 10.3% |
| Asset Turnover | 0.51x | 0.29x | 0.24x | 0.28x | 0.20x | 0.26x | 0.26x | 0.29x | 0.37x |
| Asset Growth % | 1.28% | 112.75% | 11.15% | -3.31% | 105.38% | 1.87% | -5.74% | -4.82% | 10.3% |
| Total Current Liabilities | 421.14M | 636.8M | 710.17M | 1.08B | 1.39B | 2.39B | 1.81B | 2.03B | 3.22B |
| Accounts Payable | 145.24M | 185.36M | 213.75M | 252.42M | 461.5M | 465.8M | 411.3M | 622.2M | 1.07B |
| Days Payables Outstanding | 55.96 | 48.07 | 58.13 | 62.23 | 70.24 | 57.98 | 46.71 | 67.09 | 97.64 |
| Short-Term Debt | 0 | 0 | 0 | 199.64M | 63.2M | 584.4M | 107.3M | 129.5M | 499.8M |
| Deferred Revenue (Current) | 61.24M | 142.38M | 117.13M | 16.15M | 39M | 45.2M | 43.2M | 22.1M | 0 |
| Other Current Liabilities | 127.71M | 129.37M | 211.64M | 276.82M | 321M | 366.5M | 360.9M | 331.9M | 2.72B |
| Current Ratio | 5.61x | 2.19x | 2.16x | 1.50x | 1.80x | 1.37x | 1.69x | 1.54x | 2.01x |
| Quick Ratio | 5.21x | 1.76x | 1.71x | 1.25x | 1.28x | 0.93x | 1.21x | 1.03x | 1.58x |
| Cash Conversion Cycle | 52.04 | 86.31 | 96.28 | 69.88 | 125.16 | 148.51 | 125.78 | 109.02 | 125.97 |
| Total Non-Current Liabilities | 145.73M | 2.07B | 1.74B | 1.25B | 5.02B | 4.5B | 4.58B | 4.75B | 4.76B |
| Long-Term Debt | 0 | 1.73B | 1.44B | 993.17M | 4.48B | 3.91B | 4.06B | 3.93B | 3.97B |
| Capital Lease Obligations | 0 | 0 | 115.78M | 104.42M | 140.3M | 201.6M | 196M | 231M | 0 |
| Deferred Tax Liabilities | 52.2M | 246.25M | 31.23M | 22.36M | 34.5M | 64.2M | 58.7M | 33.8M | 0 |
| Other Non-Current Liabilities | 93.53M | 94.59M | 158.45M | 132.08M | 358.3M | 324.7M | 269.6M | 551.6M | 785.6M |
| Total Liabilities | 566.87M | 2.71B | 2.45B | 2.33B | 6.41B | 6.88B | 6.4B | 6.78B | 7.98B |
| Total Debt | 0 | 1.73B | 1.58B | 1.33B | 4.73B | 4.74B | 4.4B | 4.34B | 4.47B |
| Net Debt | -888.48M | 1.15B | 935.86M | 581.22M | 4.11B | 3.83B | 3.45B | 3.39B | 1.83B |
| Debt / Equity | - | 0.24x | 0.18x | 0.16x | 0.30x | 0.30x | 0.30x | 0.32x | 0.31x |
| Debt / EBITDA | - | 3.60x | 4.63x | 3.47x | 5.27x | 2.91x | 5.30x | 6.82x | 3.38x |
| Net Debt / EBITDA | -1.51x | 2.39x | 2.74x | 1.52x | 4.58x | 2.35x | 4.16x | 5.33x | 1.38x |
| Interest Coverage | 733.17x | 2.88x | -2.13x | -3.73x | -2.50x | 1.40x | -2.68x | -3.80x | 6.53x |
| Total Equity | 4.14B▲ 0% | 7.31B▲ 76.4% | 8.68B▲ 18.8% | 8.44B▼ 2.8% | 15.7B▲ 86.1% | 15.64B▼ 0.4% | 14.83B▼ 5.2% | 13.43B▼ 9.5% | 14.31B▲ 6.6% |
| Equity Growth % | 2.82% | 76.42% | 18.78% | -2.8% | 86.14% | -0.41% | -5.15% | -9.47% | 6.56% |
| Book Value per Share | 8.13 | 12.36 | 12.84 | 12.61 | 19.71 | 18.37 | 17.22 | 15.51 | 16.45 |
| Total Shareholders' Equity | 4.14B | 7.31B | 8.68B | 8.44B | 15.7B | 15.64B | 14.83B | 13.43B | 14.31B |
| Common Stock | 991K | 1.32M | 1.33M | 1.35M | 1.7M | 1.7M | 1.7M | 1.7M | 1.7M |
| Retained Earnings | 1.41B | 1.12B | 2.54B | 2.1B | 1.49B | 1.12B | -16.7M | -1.11B | 1.36B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -2.32M | 0 | 0 | 0 | 0 | 0 | 1.1M | 400K | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
MRVL Cash Flow Statement
Marvell Technology, Inc. (MRVL) cash flow — operating, investing & free cash flow history
| Line item | Jan'18 | Jan'19 | Jan'20 | Jan'21 | Jan'22 | Jan'23 | Jan'24 | Jan'25 | Jan'26 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 571.11M | 596.74M | 360.3M | 817.3M | 819.3M | 1.29B | 1.37B | 1.68B | 1.75B |
| Operating CF Margin % | 23.71% | 20.82% | 13.35% | 27.53% | 18.36% | 21.77% | 24.88% | 29.15% | 21.36% |
| Operating CF Growth % | 259.34% | 4.49% | -39.62% | 126.84% | 0.24% | 57.3% | 6.34% | 22.67% | 4.12% |
| Net Income | 520.83M | -179.09M | 1.58B | -277.3M | -421M | -163.5M | -933.4M | -885M | 2.67B |
| Depreciation & Amortization | 87.06M | 307.3M | 524.74M | 641.5M | 1.25B | 1.39B | 1.4B | 1.36B | 1.29B |
| Stock-Based Compensation | 86.69M | 184.06M | 242.21M | 241.5M | 460.7M | 552.4M | 609.8M | 597.4M | 590.8M |
| Deferred Taxes | 19.82M | 118.65M | -785.16M | -39.5M | -93.9M | 50.4M | 150.8M | -111.9M | 42.2M |
| Other Non-Cash Items | -99.15M | 240.27M | -1.02B | 183.2M | 291.1M | 107M | 87.8M | 594.7M | -2.33B |
| Working Capital Changes | -44.14M | -74.45M | -190.78M | 67.9M | -662.9M | -649.8M | 57.8M | 129.1M | -516.2M |
| Change in Receivables | 54.99M | -99.04M | 11.24M | -44.3M | -409M | -142.7M | 70.6M | 93.2M | -1.16B |
| Change in Inventory | -12.16M | 4.35M | 12.76M | 29.9M | -291.9M | -385.9M | 201.9M | -230M | -389.8M |
| Change in Payables | -16.61M | -6.49M | 1.66M | 39.7M | 93.2M | -87.8M | -149.1M | 181.5M | 299.3M |
| Cash from Investing | 39.52M | -1.75B | 558.85M | -119.6M | -3.75B | -328.4M | -350.5M | -300.7M | 2.1B |
| Capital Expenditures | -38.55M | -75.92M | -81.92M | -106.8M | -169.2M | -206.2M | -336.3M | -284.6M | -354.1M |
| CapEx % of Revenue | 1.6% | 2.65% | 3.04% | 3.6% | 3.79% | 3.48% | 6.11% | 4.93% | 4.32% |
| Acquisitions | 2.4M | -2.65B | 627.7M | 0 | -3.56B | -112.3M | 0 | -10.4M | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 178M | 29.26M | -5.77M | -12.8M | -20.9M | -9.9M | -14.2M | -5.7M | 2.45B |
| Cash from Financing | -536.24M | 849.74M | -853.95M | -596.8M | 2.79B | -662.9M | -980.2M | -1.38B | -2.16B |
| Debt Issued (Net) | 0 | 1.14B | -300M | -250M | 3.19B | -65.6M | -327.2M | -109.4M | 0 |
| Equity Issued (Net) | -1000K | -1000K | -1000K | -1000K | 0 | -1000K | -1000K | -1000K | -1000K |
| Dividends Paid | -119.25M | -148.08M | -159.57M | -160.6M | -191M | -204.4M | -206.8M | -207.5M | -205.1M |
| Share Repurchases | -527.57M | -103.97M | -364.27M | -25.2M | 0 | -115M | -150M | -725M | -2.04B |
| Other Financing | 110.58M | -34.69M | -30.1M | -161M | -206.3M | -277.9M | -296.2M | -341.1M | 87.4M |
| Net Change in Cash | 74.39M▲ 0% | -306.07M▼ 511.4% | 65.19M▲ 121.3% | 100.9M▲ 54.8% | -135M▼ 233.8% | 297.5M▲ 320.4% | 39.8M▼ 86.6% | -2.5M▼ 106.3% | 1.69B▲ 67720.0% |
| Free Cash Flow | 525.98M▲ 0% | 509.28M▼ 3.2% | 273.66M▼ 46.3% | 697.8M▲ 155.0% | 632.4M▼ 9.4% | 1.07B▲ 69.4% | 1.02B▼ 4.8% | 1.39B▲ 36.2% | 1.4B▲ 0.5% |
| FCF Margin % | 21.83% | 17.77% | 10.14% | 23.5% | 14.17% | 18.1% | 18.52% | 24.09% | 17.04% |
| FCF Growth % | 227.28% | -3.17% | -46.26% | 154.98% | -9.37% | 69.43% | -4.78% | 36.2% | 0.49% |
| FCF per Share | 1.03 | 0.86 | 0.40 | 1.04 | 0.79 | 1.26 | 1.18 | 1.61 | 1.61 |
| FCF Conversion (FCF/Net Income) | 1.32x | -3.33x | 0.23x | -2.95x | -1.95x | -7.88x | -1.47x | -1.90x | 0.66x |
| Interest Paid | 746K | 0 | 0 | 54.6M | 91.2M | 147.9M | 173.7M | 173.4M | 0 |
| Taxes Paid | 11.4M | 0 | 0 | 14.2M | 7.9M | 95.9M | 120.6M | 40.1M | 0 |
MRVL Key Ratios
Marvell Technology, Inc. (MRVL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 0.52% | 10.59% | -3.13% | 19.82% | -3.24% | -3.49% | -1.04% | -6.13% | -6.26% | 19.25% |
| Return on Invested Capital (ROIC) | 5.73% | 11.65% | 2.23% | -1.52% | -2.08% | -1.81% | 0.91% | -2.26% | -3.08% | 6.02% |
| Gross Margin | 56.05% | 60.68% | 50.89% | 50.27% | 50.13% | 46.26% | 50.47% | 41.64% | 41.31% | 51.02% |
| Net Margin | 0.92% | 17.95% | -6.25% | 58.7% | -9.34% | -9.43% | -2.76% | -16.95% | -15.35% | 32.58% |
| Debt / Equity | - | - | 0.24x | 0.18x | 0.16x | 0.30x | 0.30x | 0.30x | 0.32x | 0.31x |
| Interest Coverage | 630.54x | 733.17x | 2.88x | -2.13x | -3.73x | -2.50x | 1.40x | -2.68x | -3.80x | 6.53x |
| FCF Conversion | -16.95x | 1.32x | -3.33x | 0.23x | -2.95x | -1.95x | -7.88x | -1.47x | -1.90x | 0.66x |
| Revenue Growth | -13.14% | 4.7% | 18.95% | -5.81% | 9.99% | 50.3% | 32.66% | -6.96% | 4.71% | 42.09% |
MRVL SEC Filings & Documents
Marvell Technology, Inc. (MRVL) SEC filings — annual & quarterly reports (10-K, 10-Q)
MRVL Frequently Asked Questions
Marvell Technology, Inc. (MRVL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Marvell Technology, Inc. (MRVL) reported $8.19B in revenue for fiscal year 2026. This represents a 9970% increase from $81.4M in 2000.
Marvell Technology, Inc. (MRVL) grew revenue by 42.1% over the past year. This is strong growth.
Yes, Marvell Technology, Inc. (MRVL) is profitable, generating $2.67B in net income for fiscal year 2026 (32.6% net margin).
Dividend & Returns
Yes, Marvell Technology, Inc. (MRVL) pays a dividend with a yield of 0.14%. This makes it attractive for income-focused investors.
Marvell Technology, Inc. (MRVL) has a return on equity (ROE) of 19.3%. This is reasonable for most industries.
Marvell Technology, Inc. (MRVL) generated $1.39B in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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