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Nasdaq · Technology

Marvell Technology, Inc. (MRVL)

As-reported financials and recent SEC filings for Marvell Technology, Inc., latest fiscal period FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Marvell Technology, Inc.

Marvell Technology, Inc. is a fabless semiconductor company that designs and supplies high-performance data infrastructure solutions for data centers and communications markets. Its products include custom ASICs, interconnects, ethernet solutions, fibre channel adapters, processors, and storage controllers used in cloud AI systems, networking equipment, storage systems, and carrier infrastructure. The company serves customers globally across various industries including cloud computing, enterprise networking, consumer electronics, and government applications.

Snapshot

Revenue
$8.19B
Revenue growth (YoY)
42.1%
Net income
$2.67B
Diluted EPS
$3.07
Gross margin
51.0%
Operating margin
16.1%
Net margin
32.6%
FCF margin
17.0%
ROE
18.7%
P/E (TTM)
65.0×
Market cap
$169.79B
Debt / equity
0.3×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at Marvell Technology

  • Revenue grew 42.1% to $8.2B in FY2026, faster than the 4.7% the year before.
  • Operating margin turned positive at 16.1% in FY2026, from a 7.8% operating loss in FY2022.
  • Most recent quarter Q1 FY2027: revenue $2.4B, up 27.6% from Q1 FY2026.
  • Free cash flow was $1.4B in FY2026, 17.0% of revenue.
  • Net income turned positive at $2.7B in FY2026, from a $885M loss in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Marvell Technology’s fundamentals sit among the 88 semiconductor companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin51.0%
64th percentile of 78
Operating margin16.1%
78th percentile of 79
Net margin32.6%
95th percentile of 80
FCF margin17.0%
71st percentile of 78
Revenue growth (YoY)+42.1%
85th percentile of 88
ROE18.7%
85th percentile of 74
P/E (TTM)65.0×
59th percentile of 45
Debt / equity0.28×
55th percentile of 45
Short interest1.22d
15th percentile of 88

Marvell Technology’s net margin of 32.6% ranks in the 95th percentile of the 80 semiconductor companies reporting it. Marvell Technology’s revenue growth of +42.1% ranks in the 85th percentile of the 88 semiconductor companies reporting it. Marvell Technology’s return on equity of 18.7% ranks in the 85th percentile of the 74 semiconductor companies reporting it.

No open-market insider buys in the last 90 days; 10 insider sales totaling $15.4M. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
3
+5 quant / multi-strat
Initiated / added
5
1 new, 4 added
Reduced / exited
4
3 trimmed, 1 exited
Combined position
$1.01B
reported long value
InvestorAs ofPosition valueSharesChange
Millennium ManagementquantQ1 2026$605.5M6.1MAdded
Bridgewater AssociatesQ1 2026$193.0M1.9MAdded
Citadel AdvisorsquantQ1 2026$78.6M793.1KAdded
AQR Capital ManagementquantQ1 2026$55.8M595.8KReduced
D. E. ShawquantQ1 2026$32.7M330.5KReduced
Maverick CapitalQ1 2026$18.6M188.2KNew
Gotham Asset ManagementQ1 2026$16.4M165.5KReduced
Two Sigma InvestmentsquantQ1 2026$8.9M89.4KAdded

No longer held by: Coatue Management (as of Q1 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
open-market
Bought (90d)
open-market value
Sells (90d)
10
$15.4M
Signal
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-07-16
Bharathi SandeepPresident, Data Center GroupSell9.0K$199.24$1.8M
2026-07-15
filed 2026-07-16
MURPHY MATTHEW JChairman of the Board and CEOSell7.5K$209.52$1.6M
2026-07-01
Koopmans ChrisPresident and COOSell10.0K$281.92$2.8M
2026-06-23
Durn DanielChief Financial OfficerSell2.3K$281.01$632K
2026-06-16
filed 2026-06-17
Bharathi SandeepPresident, Data Center GroupSell2.2K$299.13$667K
2026-06-15
filed 2026-06-16
MURPHY MATTHEW JChairman of the Board and CEOSell7.5K$298.76$2.2M
2026-06-01
Koopmans ChrisPresident and COOSell10.0K$205.87$2.1M
2026-05-15
filed 2026-05-18
Meintjes Willem AChief Financial OfficerSell4.0K$175.24$701K
2026-05-13
filed 2026-05-14
MURPHY MATTHEW JChairman of the Board and CEOSell7.5K$177.26$1.3M
2026-05-01
filed 2026-05-04
Koopmans ChrisPresident and COOSell10.0K$162.76$1.6M
2026-04-17
filed 2026-04-21
Casper MarkEVP & Chief Legal OfficerSell10.0K$135.50$1.4M
2026-04-16
Bharathi SandeepPresident, Data Center GroupSell66.9K$130.35$8.7M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
32.5M
settled 2026-07-15
Change vs prior
-4.7%
vs previous settlement
Days to cover
1.22
at avg daily volume
Avg daily volume
26.6M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-1532.5M-4.7%1.22
2026-06-3034.1M-13.3%1.00
2026-06-1539.3M+11.6%1.00
2026-05-2935.2M+9.2%1.06
2026-05-1532.2M+14.0%1.44
2026-04-3028.3M-2.3%1.00
2026-04-1529.0M+2.3%1.00
2026-03-3128.3M-16.3%1.39

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$8.19B$5.77B$5.51B$5.92B$4.46B
Gross profit$4.18B$2.38B$2.29B$2.99B$2.06B
Operating income$1.32B$-720.3M$-567.7M$238.0M$-347.7M
Net income$2.67B$-885.0M$-933.4M$-163.5M$-421.0M
Diluted EPS$3.07$-1.02$-1.08$-0.19$-0.53

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$1.75B$1.68B$1.37B$1.29B$819.3M
Capital expenditure$354.1M$284.6M$336.3M$206.2M$169.2M
Free cash flow$1.40B$1.40B$1.03B$1.08B$650.1M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2027$2.42B27.6%$34.5M$0.04
Q4 FY2026$2.22B22.1%$396.1M$0.46
Q3 FY2026$2.07B36.8%$1.90B$2.20
Q2 FY2026$2.01B57.6%$194.8M$0.22
Q1 FY2026$1.90B63.3%$177.9M$0.20
Q4 FY2025$1.82B27.4%$200.2M$0.23
Q3 FY2025$1.52B6.9%$-676.3M$-0.78
Q2 FY2025$1.27B-5.1%$-193.3M$-0.22

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNasdaq
SectorTechnology
SIC industrySemiconductors & Related Devices
Fiscal year endJanuary 30
Latest fiscal periodFY2026
SEC filings since2020
SEC CIK1835632

Recent SEC filings

10-K2026-03-11
View on EDGAR →
10-K2025-03-12
View on EDGAR →
10-Q2026-05-28
View on EDGAR →
10-Q2025-12-03
View on EDGAR →
10-Q2025-08-29
View on EDGAR →
10-Q2025-05-30
View on EDGAR →
8-K2026-07-09
View on EDGAR →
8-K2026-06-25
View on EDGAR →

Largest semiconductor peers

All semiconductor stocksAll Technology companies →

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.