Marvell Technology, Inc.

MRVL Technology Semiconductors

Marvell Technology, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $8.2 billion, up 42.1% from fiscal 2025. In the quarter to July 2026, revenue grew 36.6%, EPS grew 47.8%, free cash flow grew 14.5% and total debt rose 11.1%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for ten consecutive years, operating cash flow growth for five.

227.83 13.41 −5.56%
Market cap
$211.5B
P/E
74.2×
Fwd P/E
143×
Dividend yield
0.11%
F-score
8/9
Altman Z
5.93
Beneish M
−1.59
Dividend safety
82/100

Marvell Technology, Inc. (MRVL) Free cash flow

Alert me on Free cash flow

Marvell Technology, Inc.'s free cash flow for fiscal 2026 was $1.4B, unchanged from fiscal 2025. Over the twelve months to 31 July 2026 it was $1.7B. Over the past ten years it has ranged from −$413.3M (fiscal 2017) to $1.4B (fiscal 2026) — the current reading is the highest in ten years. Marvell Technology, Inc. ranks 12th of 66 Semiconductors companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2026 $1.4B 2.10%
FY2025 $1.4B 36.20%
FY2024 $1.0B (4.75%)
FY2023 $1.1B 69.43%
FY2022 $632.4M (9.37%)
FY2021 $697.8M 154.98%
FY2020 $273.7M (50.50%)
FY2019 $552.8M 2.65%
FY2018 $538.5M —
FY2017 −$413.3M —

Quarterly newest first

Period Free cash flow Change
Jul 2026 $474.3M (1.72%)
Apr 2026 $482.6M 86.84%
Jan 2026 $258.3M (49.12%)
Oct 2025 $507.7M 22.51%
43 more quarters

Against its own ten years

Low −$413.3M High $1.4B
Ten-year median $640.9M
Current reading's percentile 100

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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