Marvell Technology, Inc. (MRVL) Revenue History
Annual and quarterly revenue from 2015 to 2026
Compound Annual Growth Rate (CAGR)
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MRVL Revenue Growth
Revenue Breakdown (FY 2025)
MRVL's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
MRVL Revenue Analysis (2015–2026)
As of May 6, 2026, Marvell Technology, Inc. (MRVL) generated trailing twelve-month (TTM) revenue of $8.19 billion, reflecting exceptional growth of +22.1% year-over-year. The most recent quarter (Q4 2026) recorded $2.22 billion in revenue, up 7.0% sequentially.
Looking at the longer-term picture, MRVL's 5-year compound annual growth rate (CAGR) stands at +22.5%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $8.19 billion in 2026, representing a new all-time high.
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 (+25.2% YoY), QCOM (+5.2% YoY), and MCHP (-8.1% YoY), MRVL has underperformed the peer group in terms of 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 | $8.2B | +22.1% | +22.5% | 16.1% | |
 AVGO | $63.9B | +25.2% | +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 (2015–2026)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2026 | $8.19B | +42.1% | $4.18B | 51.0% | $1.32B | 16.1% |
| 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% |
Full MRVL Stock Analysis
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Start ComparisonMRVL — Frequently Asked Questions
Quick answers to the most common questions about buying MRVL stock.
Is MRVL's revenue growth accelerating or slowing?
MRVL revenue is accelerating at +22.1% year-over-year, exceeding the 5-year CAGR of +22.5%. TTM revenue reached $8.2B. 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 +22.5% reflects the sustained expansion pattern. Current YoY growth of +22.1% 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 2015-2026 are available for download. Segment mix reveals concentration and diversification trends.