Marvell Technology, Inc. (MRVL) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2025)
MRVL's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
MRVL Revenue Analysis (2014–2025)
As of March 1, 2026, Marvell Technology, Inc. (MRVL) generated trailing twelve-month (TTM) revenue of $7.79 billion, reflecting explosive growth of +36.8% year-over-year. The most recent quarter (Q3 2026) recorded $2.07 billion in revenue, up 3.4% sequentially.
Looking at the longer-term picture, MRVL's 5-year compound annual growth rate (CAGR) stands at +16.4%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $5.92 billion in 2023.
Revenue diversification analysis shows MRVL's business is primarily driven by Data Center (72%), Enterprise Networking (11%), and Carrier Infrastructure (6%). With over half of revenue concentrated in Data Center, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including AVGO (+19.0% YoY), TXN (+13.0% YoY), and ADI (+25.9% YoY), MRVL has outperformed the peer group in terms of revenue growth. Compare MRVL vs AVGO →
Peer Comparison
Compare MRVL's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MRVLCurrent | $7.8B | +36.8% | +16.4% | -12.5% | |
| AVGO | $63.9B | +19.0% | +17.9% | 39.9% | |
| TXN | $17.7B | +13.0% | +4.1% | 34.1% | |
| ADI | $11.0B | +25.9% | +14.5% | 26.6% | |
| QCOM | $44.3B | +10.3% | +13.5% | 27.9% | |
| NXPI | $12.3B | -2.7% | +7.3% | 27.0% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $5.77B | +4.7% | $2.38B | 41.3% | $-720,300,000 | -12.5% |
| 2024 | $5.51B | -7.0% | $2.29B | 41.6% | $-567,700,000 | -10.3% |
| 2023 | $5.92B | +32.7% | $2.99B | 50.5% | $238.0M | 4.0% |
| 2022 | $4.46B | +50.3% | $2.06B | 46.3% | $-347,700,000 | -7.8% |
| 2021 | $2.97B | +10.0% | $1.49B | 50.1% | $-258,400,000 | -8.7% |
| 2020 | $2.70B | -5.8% | $1.36B | 50.3% | $-182,730,000 | -6.8% |
| 2019 | $2.87B | +19.0% | $1.46B | 50.9% | $173.7M | 6.1% |
| 2018 | $2.41B | +4.7% | $1.46B | 60.7% | $502.2M | 20.8% |
| 2017 | $2.30B | -13.1% | $1.29B | 56.0% | $232.0M | 10.1% |
| 2016 | $2.65B | -27.2% | $1.29B | 48.6% | $24.4M | 0.9% |
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Start ComparisonFrequently Asked Questions
Is MRVL's revenue growth accelerating or slowing?
MRVL revenue is accelerating at +36.8% year-over-year, exceeding the 5-year CAGR of +16.4%. TTM revenue reached $7.8B. Growth momentum has increased versus prior periods.
What is MRVL's long-term revenue growth rate?
Marvell Technology, Inc.'s 5-year revenue CAGR of +16.4% reflects the sustained expansion pattern. Current YoY growth of +36.8% is above this long-term average.
How is MRVL's revenue distributed by segment?
MRVL reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.