68/100B171.885
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0.50
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Pre Open·165.250USD-6.635(-3.86%)
Last updated: · Delayed 15 min
Marvell Technology financials
Yes. Marvell Technology earned 2.64B USD of net income over the last twelve months, 27.9% of its revenue. It made a profit in 15 of its 29 fiscal years since 1998. Its last loss was in fiscal year 2025.
- Revenue (TTM)
- 9.45B USD
- Net income (TTM)
- 2.64B USD
- Free cash flow (TTM)
- 1.73B USD
- Cash and short-term investments
- 3.93B USD
- Total debt
- 5.29B USD
- Shareholders' equity
- 18.53B USD
Cash, debt and equity as of 1 Aug 2026.
Marvell Technology earnings
Next earnings · Q3 FY2027
EPS estimate
1.10 USD
Revenue estimate
3.15B USD
Last quarter · Q2 FY2027
EPS0.94Beat +0.6%Revenue2.74BBeat +0.7%
Revenue
ReportedEstimate
EPS
ReportedEstimate
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q3 FY2027 | 1.10 | — | — | +44.74% | 3.15B | — | — | +52.04% | |
| Q2 FY2027 | 0.93 | 0.94 | +0.64% | +40.30% | 2.72B | 2.74B | +0.66% | +36.55% | |
| Q1 FY2027 | 0.80 | 0.80 | +0.25% | +29.03% | 2.41B | 2.42B | +0.49% | +27.57% | |
| Q4 FY2026 | 0.79 | 0.80 | +1.01% | +33.33% | 2.21B | 2.22B | +0.54% | +22.08% | |
| Q3 FY2026 | 0.74 | 0.76 | +2.29% | +76.74% | 2.07B | 2.07B | +0.27% | +36.83% | |
| Q2 FY2026 | 0.67 | 0.67 | -0.45% | +123.33% | 2.01B | 2.01B | -0.21% | +57.60% | |
| Q1 FY2026 | 0.61 | 0.62 | +1.31% | +158.33% | 1.88B | 1.90B | +0.97% | +63.26% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2029 | 12.51 | — | — | +71.78% | 31.54B | — | — | +61.12% |
| FY2028 | 7.28 | — | — | +72.89% | 19.58B | — | — | +62.27% |
| FY2027 | 4.21 | — | — | +47.76% | 12.06B | — | — | +47.23% |
| FY2026 | 2.84 | 2.85 | +0.19% | +81.53% | 8.18B | 8.19B | +0.12% | +42.09% |
| FY2025 | 1.56 | 1.57 | +0.78% | +3.97% | 5.75B | 5.77B | +0.35% | +4.71% |
| FY2024 | 1.51 | 1.51 | +0.00% | -28.77% | 5.50B | 5.51B | +0.10% | -6.96% |
| FY2023 | 2.12 | 2.12 | -0.18% | +35.90% | 5.90B | 5.92B | +0.30% | +32.66% |
Marvell Technology growth and profitability
Full income statement- Revenue (TTM)
- 9.45B USD
- Net income (TTM)
- 2.64B USD
- Gross margin
- 51.42%
- Operating margin
- 16.71%
- Net margin
- 27.93%
Revenue / Net income
Revenue Net income Net margin
How Marvell Technology makes its money
Data center6.10B 74.4%
Communications and other2.09B 25.6%
Revenue8.19B 100.0%
Cost of revenue4.01B 49.0%
Gross profit4.18B 51.0%
Research and development2.08B 25.3%
Selling and administration767.10M 9.4%
Other operating expenses15.50M 0.2%
Operating income1.34B 16.3%
Tax376.50M 4.6%
Net income2.67B 32.6%
FY2026, in USD. Each band is as wide as its money; the percentage is its share of revenue.
FY2026, in USD. Each band is as wide as its money; the percentage is its share of revenue.
Marvell Technology revenue breakdown
By product
FY2026
74.4%Data center25.6%Communications and other
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Data center | 6.10B | 74.4% | — |
| Communications and other | 2.09B | 25.6% | — |
By region
FY2026
36.2%CHINA29.2%Other Countries20.2%TAIWAN14.3%UNITED STATES
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| CHINA | 2.97B | 36.2% | +18.4% |
| Other Countries | 2.39B | 29.2% | +324.9% |
| TAIWAN | 1.66B | 20.2% | +195.6% |
| UNITED STATES | 1.17B | 14.3% | +22.7% |
Operating and free cash flow
Full cash flow statementOperating cash flow Free cash flow
Marvell Technology financial health
Full balance sheet- Cash and short-term investments
- 3.93B USD
- Total debt
- 5.29B USD
- Net cash
- -1.35B USD
- Free cash flow (TTM)
- 1.73B USD
- Current ratio
- 3.17
- Debt to equity
- 0.29
- Piotroski score
- 6 / 9
- Altman Z-score
- 11.06
Cash, debt and free cash flow
Cash and short-term investments Total debt Free cash flow
Assets, liabilities and equity
Total assets Total liabilities Shareholders' equity
Marvell Technology valuation
- Price to earnings ratio (TTM)
- 56.37
- Forward P/E (FY2027)
- 40.82
- Price to sales (TTM)
- 15.93
- Price to book
- 8.12
- EV / EBITDA (TTM)
- 31.93
Capital structure
Market capitalization
150.53B USD
+
Total debt
5.29B USD
−
Cash and short-term investments
3.93B USD
=
Enterprise value
151.88B USD
Valuation over time
P/EForward P/EForward P/E · EstimateEstimate
Marvell Technology against its own history
Each figure in the latest fiscal year against the same figure from FY2022 to FY2026: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: QUALCOMM, KLA, Analog Devices, Texas Instruments, Lam Research, and Applied Materials, the US Semiconductors companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- Gross marginHighest in 5 years51.0%41.3%51.0%Against its peers: 5 of 7Peers' median 56.2%
- Operating marginHighest in 5 years16.3%-12.5%16.3%Against its peers: 7 of 7Peers' median 31.6%
- Net marginHighest in 5 years32.6%-16.9%32.6%Against its peers: 2 of 7Peers' median 26.5%
- Return on equityHighest in 5 years18.7%-6.6%18.7%Against its peers: 6 of 7Peers' median 32.5%
- Free cash flow marginBelow its median17.0%14.2%24.1%Against its peers: 6 of 7Peers' median 24.4%
- Revenue growthAbove its median42.1%-7.0%50.3%Against its peers: 1 of 7Peers' median 13.4%
- Debt to EBITDALowest in 5 years1.06×1.06×6.67×Against its peers: 4 of 7Peers' median 1.06×
- Current ratioHighest in 5 years2.011.372.01Against its peers: 7 of 7Peers' median 2.72
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
Marvell Technology dividends
- Annual dividend
- 0.24 USD
- Dividend yield (indicated)
- 0.14%
- Payout ratio
- 7.87%
- Frequency
- Quarterly
- Last payment
- 0.06 USD
- Last ex-dividend date
- 9 Oct 2026
- Last payment date
- 29 Oct 2026
Dividends per share
Marvell Technology ownership
- Institutions
- 79.35%
- Institutional holders
- 2,383 (+737)
- Free float
- 99.78%
InstitutionsOthers
As of 30 Jun 2026
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q4 2026 | 0 | 4 | 47.57K | 94.90K |
| Q3 2026 | 0 | 7 | 79.71K | 183.10K |
| Q2 2026 | 0 | 15 | 1.93M | 2.73M |
| Q1 2026 | 0 | 3 | 258.70K | 464.39K |
Shares outstanding
Basic shares Diluted shares Change in diluted shares
Common questions about Marvell Technology's financials
Source: Financial Modeling Prep