Marvell Technology (MRVL): financials, SEC filings and peers
Marvell Technology (MRVL) is a semiconductors company in the Information Technology sector of the S&P 500, headquartered in Santa Clara, California.
It was founded in 1995 and joined the S&P 500 on June 22, 2026.
Its fiscal year ends in January, and its shares trade on the Nasdaq.
In its SEC filings it is classified as “Semiconductors & Related Devices”.
Marvell Technology at a glance
- Revenue (12 months)
- $9.5B
- Revenue growth
- +30.6%
- Operating margin
- 16.5%
- Net income (12 months)
- $2.6B
- Free cash flow (12 months)
- $1.7B
- Cash
- $3.9B
- Debt
- $5.0B
- Diluted EPS (12 months)
- $3.03
Twelve months to August 1, 2026, from the 10-Q filed August 28, 2026.
Latest twelve months
Over the twelve months to August 1, 2026, Marvell Technology reported revenue of $9.5 billion, up a strong 30.6% from $7.2 billion a year earlier.
Its operating margin was 16.5%, up 15.2 percentage points from a year earlier: for every $100 of sales, about $17 was left as operating profit.
Net income was $2.6 billion (27.9% of revenue).
Operating cash flow was $2.2 billion and capital spending $470 million, leaving free cash flow of $1.7 billion (18.3% of revenue).
At the end of the period it held $3.9 billion in cash and $5.0 billion in debt, a net debt position of $1.0 billion.
The diluted share count rose 5.8% in a year, which dilutes existing shareholders.
Five-year trend
- Revenue went from $3.0 billion in fiscal 2021 to $8.2 billion in fiscal 2026, about 22.5% a year.
- Operating margin widened from -8.7% to 16.1% over the same years.
- Free cash flow was positive in each of the last 6 fiscal years.
- Marvell Technology reported a net loss in 5 of the last 6 fiscal years.
| Fiscal year | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | $4.5B | $5.9B | $5.5B | $5.8B | $8.2B |
| Revenue growth | 50.3% | 32.7% | -7.0% | 4.7% | 42.1% |
| Operating margin | -7.8% | 4.0% | -10.3% | -12.5% | 16.1% |
| Net income | −$421M | −$164M | −$933M | −$885M | $2.7B |
| Free cash flow | $650M | $1.1B | $1.0B | $1.4B | $1.4B |
| Diluted EPS | $-0.53 | $-0.19 | $-1.08 | $-1.02 | $3.07 |
Fiscal years as reported in Marvell Technology’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 8-K filed September 25, 2026 — Other event
- 10-Q filed August 28, 2026 — quarterly report
- 8-K filed August 27, 2026 — Earnings results
- 8-K filed August 19, 2026 — Material agreement; Unregistered share sale
- 8-K filed July 9, 2026 — Other event
- 8-K filed June 25, 2026 — Shareholder vote results; Other event
- 8-K filed June 11, 2026 — Executive or director change; Regulation FD disclosure
- 10-Q filed May 28, 2026 — quarterly report
Companies like Marvell Technology
Other S&P 500 companies in Semiconductors:
- ADIAnalog DevicesWilmington, Massachusetts
- AMDAdvanced Micro DevicesSanta Clara, California
- AVGOBroadcomPalo Alto, California
- FSLRFirst SolarTempe, Arizona
- INTCIntelSanta Clara, California
- MCHPMicrochip TechnologyChandler, Arizona
- MPWRMonolithic Power SystemsKirkland, Washington
- MUMicron TechnologyBoise, Idaho
More from Information Technology
Questions about Marvell Technology
Is Marvell Technology's revenue growing?
Yes. Revenue for the twelve months to August 1, 2026 was $9.5 billion, up 30.6% from a year earlier, according to its SEC filings.
Is Marvell Technology profitable?
Yes. It earned $2.6 billion in net income over the twelve months to August 1, 2026, a net margin of 27.9%.
Does Marvell Technology have more cash or more debt?
At August 1, 2026 it had $3.9 billion in cash and $5.0 billion in debt, so more debt than cash.
When did Marvell Technology last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on August 28, 2026.
Which companies are similar to Marvell Technology?
In the S&P 500, Marvell Technology is grouped in Semiconductors within the Information Technology sector. Analog Devices (ADI), Advanced Micro Devices (AMD), Broadcom (AVGO), First Solar (FSLR), Intel (INTC) are in the same group.
Understand the numbers
Source: Marvell Technology’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.