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Saturday 17 October 2026 Export MRVL’s income statement to Excel — free account

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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Marvell Technology, Inc. (MRVL) Operating margin

Alert me on Operating margin

Marvell Technology, Inc.'s operating margin over the twelve months to 31 July 2026 was 16.5%, up 0.4 percentage points from fiscal 2026 (16.1%). Over the past ten years it has ranged from −28.6% (fiscal 2016) to 17.8% (fiscal 2018); the current reading is higher than 92% of that period. That is above the Semiconductors industry median of 4.76% and above the Technology sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2026 16.1% 28.63
FY2025 −12.5% (2.18)
FY2024 −10.3% (14.33)
FY2023 4.02% 11.81
FY2022 −7.79% 0.91
FY2021 −8.70% 0.32
FY2020 −9.02% (10.53)
FY2019 1.51% (16.33)
FY2018 17.8% 12.17
FY2017 5.67% 34.31

Quarterly newest first

Period Operating margin Change (points)
Jul 2026 16.8% 2.74
Apr 2026 14.0% (4.19)
Jan 2026 18.2% 0.98
Oct 2025 17.3% 2.79
43 more quarters

Against its own ten years

Low −28.6% High 17.8%
Ten-year median −3.14%
Current reading's percentile 95

Operating margin against peers

Company Operating margin
TXN Texas Instruments Incorporated compare 37.3%
ADI Analog Devices, Inc. compare 35.6%
NXPI NXP Semiconductors N.V. compare 32.0%
MPWR Monolithic Power Systems, Inc. compare 28.7%
QCOM QUALCOMM Incorporated compare 23.2%
ARM ARM Holdings PLC Sponsored ADR compare 17.0%
MRVL Marvell Technology, Inc. 16.5%
ASX ASE Technology Holding Co., Ltd. compare 9.85%
INTC Intel Corporation compare −0.14%
Semiconductors industry median 4.76%
Technology sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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