Marvell Technology, Inc. (MRVL) Revenue History
Annual and quarterly revenue from 2000 to present
MRVL Revenue Over Time (2000–2026)
MRVL Revenue Growth History
19 of 26 years with positive growth- FY2000 revenue growth
- N/A
- FY2001 revenue growth
- +76.8%
- FY2002 revenue growth
- +100.7%
- FY2003 revenue growth
- +75.0%
- FY2004 revenue growth
- +62.2%
- FY2005 revenue growth
- +49.4%
- FY2006 revenue growth
- +36.4%
- FY2007 revenue growth
- +34.0%
- FY2008 revenue growth
- +29.4%
- FY2009 revenue growth
- +1.9%
- FY2010 revenue growth
- -4.8%
- FY2011 revenue growth
- +28.6%
- FY2012 revenue growth
- -6.1%
- FY2013 revenue growth
- -6.6%
- FY2014 revenue growth
- +7.4%
- FY2015 revenue growth
- +6.8%
- FY2016 revenue growth
- -27.2%
- FY2017 revenue growth
- -13.1%
- FY2018 revenue growth
- +4.7%
- FY2019 revenue growth
- +19.0%
- FY2020 revenue growth
- -5.8%
- FY2021 revenue growth
- +10.0%
- FY2022 revenue growth
- +50.3%
- FY2023 revenue growth
- +32.7%
- FY2024 revenue growth
- -7.0%
- FY2025 revenue growth
- +4.7%
- FY2026 revenue growth
- +42.1%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2027 | $2.42B | +27.6% |
| Q4 2026 | $2.22B | +22.1% |
| Q3 2026 | $2.07B | +36.8% |
| Q2 2026 | $2.01B | +57.6% |
| Q1 2026 | $1.90B | +63.3% |
| Q4 2025 | $1.82B | +27.4% |
| Q3 2025 | $1.52B | +6.9% |
| Q2 2025 | $1.27B | -5.1% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2026)
MRVL's revenue distribution by segment and geography for fiscal year 2026
By Product/Segment
By Geography
MRVL Revenue Analysis (2000–2026)
Current Revenue & Growth
As of June 21, 2026, Marvell Technology, Inc. (MRVL) generated trailing twelve-month (TTM) revenue of $8.72 billion, reflecting exceptional growth of +27.6% year-over-year. The most recent quarter (Q1 2027) recorded $2.42 billion in revenue, up 9.0% sequentially.
Historical Growth Trajectory
MRVL's 5-year compound annual growth rate (CAGR) stands at +22.5%, indicating outstanding long-term growth trajectory. The 3-year CAGR of +11.4% is below the 5-year average, signalling a growth deceleration in recent years. Marvell Technology, Inc.'s highest annual revenue of $8.19 billion was recorded in 2026, an all-time high.
Revenue by Segment
MRVL's revenue is primarily driven by Data Center (100%). With over half of revenue concentrated in Data Center, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Technology sector peers — including AVGO (+36.3% YoY), QCOM (+5.2% YoY), and MCHP (-8.1% YoY) — MRVL has outperformed the peer group in revenue growth. Compare MRVL vs AVGO →
MRVL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MRVLCurrent | $8.7B | +27.6% | +22.5% | 16.3% | |
 AVGO | $63.9B | +36.3% | +21.7% | 39.9% | |
 QCOM | $44.3B | +5.2% | +13.5% | 27.9% | |
 MCHP | $4.4B | -8.1% | -3.6% | 6.7% | |
 SWKS | $4.1B | +2.3% | +4.0% | 12.2% | |
 MPWR | $2.8B | +26.4% | +27.0% | 26.1% |
MRVL Historical Revenue Data (2000–2026)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2026 | $8.19B | +42.1% | $4.18B | 51.0% | $1.34B | 16.3% |
| 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% |
| 2015 | $3.64B | +6.8% | $1.84B | 50.5% | $456.4M | 12.5% |
| 2014 | $3.40B | +7.4% | $1.74B | 51.1% | $280.7M | 8.2% |
| 2013 | $3.17B | -6.6% | $1.68B | 52.9% | $294.7M | 9.3% |
| 2012 | $3.39B | -6.1% | $1.93B | 56.8% | $604.1M | 17.8% |
Full Stock Analysis
Deep dive into MRVL consensus models and risk factors.
Should I Buy MRVL?
Wall Street verdict, signals, and target summaries.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
26+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
MRVL — Frequently Asked Questions
Quick answers to the most common questions about buying MRVL stock.
Is MRVL's revenue growth accelerating or slowing?
MRVL revenue growth is accelerating. TTM revenue reached $8.7B, up +27.6% year-over-year — ahead of the 5-year CAGR of +22.5%. This indicates the business is expanding faster than its historical baseline.
What is MRVL's revenue history from 2000 to 2026?
Marvell Technology, Inc. (MRVL) revenue history spans 2000 to 2026. TTM revenue as of 2026 is $8.7B, growing at +27.6% YoY. The 5-year CAGR is +22.5%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is MRVL's long-term revenue growth rate (CAGR)?
Marvell Technology, Inc.'s 5-year revenue CAGR of +22.5% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +27.6% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for MRVL.
Why does MRVL's quarterly revenue fluctuate?
MRVL quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Marvell Technology, Inc.'s revenue data from 2000 to 2026 shows full historical quarterly detail on this page.
How is MRVL's revenue distributed by segment?
MRVL reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does MRVL's revenue compare to industry peers?
Marvell Technology, Inc. (MRVL) with TTM revenue of $8.7B and +27.6% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.